Costa Mesa : Questions & Answers

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Abie Chehade, Real Estate Pro in Costa Mesa, CA
Abie Chehade answered:
I own with my ex fiance the condo is worth 250 and 280 is owed on it what is my best option rent, short sale, foreclose?
the best deal is to get rid of it... short sale for the right price...
that way you have no headaches from either the ex nor the property.. start new life.

email me if you have any ... more
0 votes Share Flag Mon Jul 11, 2011 Home Selling in 92626
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
if HOA sales my house for the past due, who pays the bank?
Hi,

Are you asking about a short sale? if so....talk to your agent to get some specifics. But in real estate everything is negotiable...typically the banks were paying past due items ... more
0 votes Share Flag Fri Jul 8, 2011 How To... in Costa Mesa
David Pham, Real Estate Pro in Garden Grove, CA
David Pham answered:
Can closing costs be rolled over into our loan?
Kudo to Gregorio for a nice summary.
0 votes Share Flag Mon Jul 4, 2011 Home Buying in Costa Mesa
John DL Aren…, Real Estate Pro in Encinitas, CA
John DL Arendsen answered:
So even if my mortgage is current with the bank, HOA still has the power to Trustee sale my home ove past due HOA dues?
HOA is a promise and a responsibility that often gets overlooked or moreover, ignored during these times. Yes, you still have to belly up to the bar on this one.
0 votes Share Flag Fri Jul 1, 2011 Quality of Life in Costa Mesa
Mark Anderson, Real Estate Pro in Orange County, CA
Mark Anderson answered:
Hello. How much money do my husband and I need to save to get into a condo in south orange county. We are looking in range of 200,000-270,000.
When buying an FHA approved condo - you should be able to hit your 5% max or less. Some of the money can also be "gifted" from others - so your total savings amount may be le ... more
0 votes Share Flag Wed Jun 22, 2011 Home Buying in Costa Mesa
Ted Zervouda…, Real Estate Pro in Studio City, CA
Ted Zervoudakis answered:
Where are all the buyers? Who thinks its a good time to buy right now in Costa Mesa, Huntington beach, or Irvine?
I agree with you all. I just wish more buyers saw the opportunity. The old saying of Buy Low and Sell High really comes into play here but what is missing in that saying is all of the ... more
0 votes Share Flag Tue Jun 7, 2011 Home Buying in Costa Mesa
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
We are 1 week past the conting. date w/no appraisal report, do I (as the seller) get to keep the earnest deposit if the sale does not go through?
Hi Nancy,

How did it all turn out? Did you close? I see that this question is from January? I hope it turned out ok for you....

Karen
0 votes Share Flag Thu Jun 2, 2011 Home Selling in 92626
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
I'm considering a move to the Irvine, CA area. I know nothing about it. Need to know best neighborhoods. Looking for pool and great view. Thanks!
Hi Marcy,

There are lots of nice neighborhoods of Irvine....but most are not going to have great views. I guess that depends on what you want in a view. There are some nice mountain ... more
0 votes Share Flag Fri May 27, 2011 Home Buying in Costa Mesa
Bob Phillips…, Real Estate Pro in Coto de Caza, CA
Bob Phillips - (949) 887-5305 answered:
Short sale home buying question
In my humble opinion, there are only two parties who benefit from having a buyer, of a short sale listing, opening escrow and putting a deposit into escrow, prior to receiving a final a ... more
0 votes Share Flag Sat May 7, 2011 Home Buying in Costa Mesa
Justin Ruzic…, Real Estate Pro in Fort Myers, FL
Justin Ruzicka (239) 699-0517 answered:
Refinance loan or Mortgage Loan, pro and Con, pleaseee
Annie:

You really need to consider the affects on your debt to income ratio the "Investment" property will have. Even though you will have it rented out before purchasing ... more
1 vote Share Flag Wed May 4, 2011 Home Buying in Costa Mesa
Colin Delaney, Real Estate Pro in 92626
Colin Delaney answered:
What is an average two bedroom apt. rental going for in Costa Mesa? What is the average deposit requiremen?
Hi Swelman,
I have to agree with some of the other posts- craigslist or westsiderentals.com will give you the best selection of rentals. Two bedrooms are generally between $1200-1500/ ... more
0 votes Share Flag Mon Feb 28, 2011 Market Conditions in 92626
Connie Nickl…, Real Estate Pro in Costa Mesa, CA
Connie Nickloff-Scott answered:
I really appreciate if anyone can provide me info on "The Grove at Mesa Del Mar" new tract home on Coronado Dr. in term location, quality,
If you're looking for a newly constructed home, The Grove is that. If you're looking for the neighboorhood, there are more reasonalbe homes in that tract. If the elementary ... more
0 votes Share Flag Wed Feb 23, 2011 Home Buying in Costa Mesa
Alma Rose Kee…, Real Estate Pro in Tampa, FL
Alma Rose Kee, P.A. answered:
Is it reasonable when the bank counter back $150 K over offer price?
Are you sure it's the lender countering and not a middleman investor that is planning to flip the property to you? Pull up the public records to see who owns the property and if y ... more
0 votes Share Flag Mon Dec 20, 2010 Home Buying in Costa Mesa
J R, Real Estate Pro in New York, NY
J R answered:
In Real Estate, location, location, location what does it really mean? Does it have the dirrent meaning for different people?
Lately in real estate, I have found that it is now price, price, price! ;)
0 votes Share Flag Thu Oct 28, 2010 General Area in Costa Mesa
LACONTRA, Real Estate Pro in 92626
LACONTRA answered:
Do you see O.C prices going lower like inland?
Yes. Reason? Gov intervention Ie tax credits. Home prices still have a way to go. Its going to be a buyer's market for the next few years so there is no reason to jump the gun.

... more
0 votes Share Flag Tue Oct 12, 2010 Market Conditions in 92626
Connie Bramb…, Real Estate Pro in Orange County, CA
Connie Bramble 714-337-8718 answered:
Hi, I am looking to settle in Costa Mesa and It seems very tough to buy a house which i s under $500 k. Can anyone help?
Hi Kn,
Your answers are correct here, there are many homes under 500K! So I wonder why you are having trouble finding them. If you are searching on any of our local sites you should ... more
0 votes Share Flag Thu Sep 23, 2010 Home Buying in Costa Mesa
Colin Delaney, Real Estate Pro in 92626
Colin Delaney answered:
My home is situated on an R2 lot in Costa Mesa and thinking of selling.
Hi Jim,
Your question is certainly a good one; it would make sense to try that approach because it would seem that you could get more money for an R2 property. However, the developer ... more
0 votes Share Flag Thu Jul 29, 2010 Home Selling in Costa Mesa
Mott Kornicki, Real Estate Pro in 33154
Mott Kornicki answered:
Well Hi. After a stay in France I'm coming back to the States and woud like to settle in Costa Mesa. Can someone explain to me how foreclosures?
Here is the definition of FORECLOSURE:

Foreclosure is the legal process by which a mortgagee, or other lien holder, usually a lender, obtains a court ordered termination of a mortgag ... more
0 votes Share Flag Sun Jun 20, 2010 Home Buying in 92627
Other, Home Owner in Sacramento, CA
Other answered:
I am looking for a CalPers certified lender in California (specifically Orange County). Any recommendations?
Nmosley,

There are many lenders that say they are CalPERS Certified but have never closed a CalPERS loan. I would recommend using a direct CalPERS Lender and specifically someone wh ... more
0 votes Share Flag Thu Dec 17, 2009 Financing in Costa Mesa
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
A big Thank You to all of you who answered me. Jacques from France
Your Welcome! I hope you're able to find a great deal in Costa Mesa. Again, it's important to drive the area & figure out which neighborhoods you like the best, you shou ... more
0 votes Share Flag Fri Nov 27, 2009 Home Buying in 92627
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