91401 : Questions & Answers

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Trevor Pashl…, Real Estate Pro in 91604
Trevor Pashley answered:
is it smart to buy vacant land now?
Have a few land deals available, contact me!
0 votes Share Flag Tue Aug 5, 2014 Home Selling in 91401
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
I need some advice. Have a bad buying agent. He's constantly insulting me and making rude comment when we go and see a foreclosure.
Take note.
Placed in the question is the statement 'secured loan amount of $100,000. The subject property to be purchased is $40,000.
-
If a buyer approached you and stated, "I'm qu ... more
0 votes Share Flag Wed Jan 22, 2014 Foreclosure in 91401
Kirt Kingzett, Real Estate Pro in Sherman Oaks, CA
Kirt Kingzett answered:
is there a law or guideline as to the amount allowed to pay a judgment lien holder to remove and/or release the lien before short sale?
No set answer, really depends on what the creditor will settle for, just be sure you get "in writing" payment is in full and no future payments
0 votes Share Flag Sat Nov 9, 2013 Home Buying in 91401
Yanni raz, Real Estate Pro in Sherman Oaks, CA
Yanni raz answered:
my name is not on the loan but on the deed.I am not married
Yes you can quit claim yourself off of the deed. It will not affect your credit score as you were not on the loan.
0 votes Share Flag Fri Nov 8, 2013 Home Buying in 91401
Inna Ivchenko, Real Estate Pro in Encino, CA
Inna Ivchenko answered:
vacant land
Are you looking to buy ? How much land, what is the zoning you are looking for and how much you are willing to pay? Only Van Nuys?
0 votes Share Flag Tue Apr 2, 2013 Home Buying in 91401
Inna Ivchenko, Real Estate Pro in Encino, CA
Inna Ivchenko answered:
Does any one know if you can buy a Home with Section 8 in California ? And If so what are the steps in doing so ? Thanks
I might know a lady who can answer your questions. She was just explaining me last week how it works, she represent the special gov programs where they pay your down payment, closing co ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in 91401
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
What percentage of rental income will be considered when getting preapproved for a 4 unit owner occupied bldg?
Usually it is 75% of the rental income on most loans. I have never heard 90.
0 votes Share Flag Thu Mar 7, 2013 Home Buying in 91401
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
How can I get preapproved for a 4 unit bldg, when part of the mort. will be payed from rental income.?
It can be done. Call one of the trulia pros above that do multi family loans. You want somebody with experience in doing them
0 votes Share Flag Thu Mar 7, 2013 Home Buying in 91401
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
Self employed w/large home office (40%)of my rent, utilities. This lowers my AGI on tax return. How does that AGI effect my chances for home loan?
Yes by taking deductions it does hurt what the banks consider true income. It is great for your taxes but not so good for your ability to buy a house
0 votes Share Flag Thu Mar 7, 2013 Home Buying in 91401
Anthony A, Both Buyer and Seller in Los Angeles County, CA
Anthony A answered:
I like the town house in burbank blvd 13360 it is already sold. is is possible to ack the buyer to sell for more price?
Are Yo ready for NEW counter tops ???
*I CAN WORK WITH YOUR BUDGET *
Don't risk your money with low quality work.
Let me know what You need ...
My name is ANTHONY and I can give Y ... more
0 votes Share Flag Wed Oct 24, 2012 In My Neighborhood in 91401
Anthony A, Both Buyer and Seller in Los Angeles County, CA
Anthony A answered:
what are the market conditions for 91401?
Are Yo ready for NEW counter tops ???
*I CAN WORK WITH YOUR BUDGET *
Don't risk your money with low quality work.
Let me know what You need ...
My name is ANTHONY and I can give Y ... more
0 votes Share Flag Wed Oct 24, 2012 Market Conditions in 91401
Ken Dorfman, Real Estate Pro in Los Angeles County, CA
Ken Dorfman answered:
"Mansions4me" did NOT own 5749 Costello, ever -- that property has been owned by the same family for 20 years! He/she is either mistaken or trying
Seems to be correct. The last recorded change of ownership was in '97, although there is some confusion between the last recorded owner's identity and the property tax payer. Could ju ... more
0 votes Share Flag Tue Oct 2, 2012 In My Neighborhood in 91401
Robert McGui…, Real Estate Pro in Denver, CO
Robert McGuire answered:
In the case of a foreclosure how can I find out the amount the bank is owed to help me determine a fair offer that Bank will accept?
Lga658,

You may feel frustrated by the answers below, but they are good answers. The bank is not pick up the balance they are owed. They will be looking for Fair Market Value even if ... more
0 votes Share Flag Sat Sep 22, 2012 Foreclosure in 91401
Blair Thomps…, Real Estate Pro in Los Angeles, CA
Blair Thompson answered:
If i have already found a home I am interested in & requested a showing from listing agent is it worthwhile to still hire a buyer's agent?
It is possible to gain some advantage by using the listing agent. Either in the form of a commission reduction or sometimes if the agent is good you may get a difficult deal closed tha ... more
0 votes Share Flag Thu May 31, 2012 Foreclosure in 91401
Sara Mehrpou…, Real Estate Pro in 91403
Sara Mehrpouyan CDPE answered:
In the case a short sale pending bank approval how often should buyer's agent be checking in with listing agent/bank?
The buyer's agent can check in about once a week because unfortunately, they have no control over the short sale negotiations with the Seller's lender. They can however, keep ... more
0 votes Share Flag Tue Mar 6, 2012 Foreclosure in 91401
Diane Wheatl…, Real Estate Pro in Rancho Cucamonga, CA
Diane Wheatley, Broker answered:
Would a listing agent stand to lose if a buyer's agent is involved?
Dear Lga,

A property listed for sale will offer a commission to the listing agent if an acceptable offer to purchase results in a successfully closed escrow transaction. The commiss ... more
0 votes Share Flag Sun Jan 1, 2012 Foreclosure in 91401
Grace Mitnick, Real Estate Pro in Sherman Oaks, CA
Grace Mitnick answered:
How long do banks usually take to accept or counter an offer on a foreclosure?
Happy New Year
The banks tend to take longer to respond then a regular sale, can be from 2 days to a week. Other factors are how many offers, how long on the market and how many proper ... more
1 vote Share Flag Thu Dec 29, 2011 Foreclosure in 91401
Joanne Steve…, Real Estate Pro in 90049
Joanne Stevens answered:
are you allowed to collect daily cost in an unlawful detainer from the day after judgement until the lockout date? If so, where would I find the law?
Since you are a property manager, do you have anyone who is interested in buying or selling a property? To answer your questions about unlawful detainer, please consult an attorney. A ... more
0 votes Share Flag Thu Apr 28, 2011 Home Selling in 91401
Valley Glen, Other/Just Looking in 91401
Valley Glen answered:
We bought our home in July of 2008 for $740,000. We recently decided to re-finance to get a lower rate and the appraiser Citimortgage sent out
We put 20% down. The house is a gated mini-estate with over 13,000 sq. feet lot. Fantastic landscaping, cul de sac with million dollar homes on street. It has three bedrooms, 2 1/2 bath ... more
0 votes Share Flag Wed May 19, 2010 Market Conditions in 91401
Sally W. Ham…, Real Estate Pro in Atlanta, GA
Sally W. Hamby answered:
Who is the better point of contact: the loan officer or the loan processor?
Each company operates differently. My people would always need to rely on me. The question is how experieced is the loan officer. The processor and I work closely with each other. I may ... more
0 votes Share Flag Fri Jun 12, 2009 Financing in 91401
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