Encino : Questions & Answers

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Rich Reed, Real Estate Pro in Arcadia, CA
Rich Reed answered:
It seems that houses are taking longer to sell. Is a slow down happening in Encino?
here is a days on market chart for the last 12 months in Encino: http://crmls.stats.10kresearch.com/infoserv/s-v1/mBQu-jmv
0 votes Share Flag Sat Dec 12, 2015 Home Selling in Encino
Murphy Team, Real Estate Pro in Portland, ME
Murphy Team answered:
Are owners of a condo required to have homeowners insurance?
Here is where you would refer to the Declaration of the condominium. Some associations do require that all unit owners have insurance. Also, lenders are requiring some mortgagees to car ... more
0 votes Share Flag Tue Aug 11, 2015 Home Insurance in 91316
Alex Khalili…, Real Estate Pro in Sherman Oaks, CA
Alex Khalilifard & Amir Lashgari answered:
how much is escrow cost on $285,000.00 cash condo purchace?
Hello Dancelara,

There is no formula that would tell you exactly how much the escrow will cost you. There are some very good calculators out there that can give you an "estimate". I ... more
0 votes Share Flag Thu Jun 11, 2015 Home Buying in 91316
Maggie Oreck, Real Estate Pro in Studio City, CA
Maggie Oreck answered:
Does anyone have an accurate rent ratio for Encino and Sherman Oaks California?
It is difficult to say because pretty much depends on the location and the condition of the property. Also for some people the schools ratings are a must.
Please give me more informati ... more
0 votes Share Flag Fri May 29, 2015 Market Conditions in Encino
Maggie Oreck, Real Estate Pro in Studio City, CA
Maggie Oreck answered:
How often is this information updated?
Things online are constantly changing but most of the sites are updated within 24 to 48 hours
Our site is updated for sure every 24 hours to reflect the status of our listings

Pleas ... more
0 votes Share Flag Fri May 29, 2015 Market Conditions in Encino
Sheryl Arndt, Real Estate Pro in Woodland Hills, CA
Sheryl Arndt answered:
I am a low income renter looking to buy something in the San Fernando Valley area of CA. I need a mortgage person who is knowledgeable in L.A.
Hello isw123, you will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. If you figure out what cities/zip codes you are conside ... more
0 votes Share Flag Sat Mar 21, 2015 Home Buying in 91316
Alex Khalili…, Real Estate Pro in Sherman Oaks, CA
Alex Khalilifard & Amir Lashgari answered:
i am intrested in buing a condo in Encino(2 2) in the $120-$150 does some one know about?Finansing are OK.
Hello Angl,

With your pricing you can not buy any condos in Encino. You MAY find something in Reseda north of Rosco and etc... Market has picked up and those numbers aren't easy to f ... more
0 votes Share Flag Fri Mar 20, 2015 Home Buying in 91316
Alex Khalili…, Real Estate Pro in Sherman Oaks, CA
Alex Khalilifard & Amir Lashgari answered:
I am a member of SRAR. What is the best idx for Wordpress if I want to build my own site?
Hello Lee,

I used the one from SRAR, check out my site and click on the listings for you to see. www.Met411.com

Email me if you need help with setting up your IDX.

Alex Khalili ... more
0 votes Share Flag Fri Mar 20, 2015 Agent2Agent in 91316
Alex Khalili…, Real Estate Pro in Sherman Oaks, CA
Alex Khalilifard & Amir Lashgari answered:
Looking for homes in the San Fernando Valley? Find a home of your dreams I have access to tons of off the market properties.
Hello Javed,

I am working with a few investors and we can work together. Please contact me

Alex Khalilifard | Realtor - General Contractor
BRE License #: 01937591
Listing and ... more
0 votes Share Flag Fri Mar 20, 2015 Home Buying in 91316
Alex Khalili…, Real Estate Pro in Sherman Oaks, CA
Alex Khalilifard & Amir Lashgari answered:
How long does it take in CA to find out if an offer was accepted?
Hello Amelia,

Every situation si different, can you briefly explain what has happened? If the home is a short sale or foreclosure, it can take weeks, even months!


Please let me ... more
0 votes Share Flag Fri Mar 20, 2015 Home Buying in 91316
NCHomes Team, Real Estate Pro in Chapel Hill, NC
NCHomes Team answered:
What happens if underwriter takes too long to process loan on a property owned by a trust?
Let me start off saying I'm sorry for the experience you're having, there's no reason for it other than the lenders sheer incompetence. That said, this is a legal question and you shoul ... more
1 vote Share Flag Fri Feb 20, 2015 Home Buying in Encino
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
We just happened to see the realtor outside on a REO over a month ago. She showed us the property and we
If you deal with REO or Short Sale property, do be patient. It can take longer than 3 days for them to get back to you.
Since it was awhile ago, let us know if you got it.

Best in ... more
0 votes Share Flag Wed Nov 26, 2014 Foreclosure in Encino
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
What percent down are lenders requesting in Los Angeles when purchasing a new home.?
It is not up to the lender but.....mostly up to you: how much you have, how much you make, your credit health, what kind of loan you are approved for( VA allows 0% down, FHA starts with ... more
0 votes Share Flag Mon Nov 24, 2014 Financing in 91436
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
How and When to Cancel Escrow and Contract?
I believe, it is NTP( Notice to Perform). In your situations it is NBP: Notice to Buyer to Perform that states that in accordance with the terms and conditions of RPA( or another agreem ... more
0 votes Share Flag Mon Nov 24, 2014 Home Selling in Encino
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
Can an Insurance Company Cancel your policy with one Homeowner claim within the past 11 years? Is that correct or ethical?
I don't know if it is legal, but it is definitely unethical. Unfortunately, I heard such complains too:( That's why it is important to read your contract while you sign it.
0 votes Share Flag Sun Nov 23, 2014 Home Insurance in Encino
Tristam Biel…, Real Estate Pro in South Pasadena, CA
Tristam Bielecki answered:
Agents Hosting Open Houses From Different Agencies
In Greater LA I see this happening a lot, especially with smaller brokerages that take listings far from their home office. They will offer it to local agents with other brokerages to h ... more
0 votes Share Flag Thu Nov 13, 2014 Home Buying in 91436
Ben Vorspan, Real Estate Pro in Studio City, CA
Ben Vorspan answered:
Our case number is 2130408. When will accurate edited home facts be reflected on your website?
I hear that Trulia (and other similar sites) can take up to 48 hours to update. If you made changes in the MLS, you'll just have to wait for Trulia to re-sync with the MLS.
0 votes Share Flag Mon Jul 21, 2014 Home Buying in Encino
sam.deanj, Home Buyer in Spring Valley, CA
sam.deanj answered:
Buyer has not yet removed his 17 day loan contingency while trying to get a JUMBO loan
Dual agency should be a crime. It's impossible to act in interest for the buyer and seller evenly. The agent wants that commission check and is only working in the best interest of that ... more
0 votes Share Flag Sun May 11, 2014 Home Selling in Encino
Kawain Payne, Real Estate Pro in Seal Beach, CA
Kawain Payne answered:
Buyer needs extra days to close Escrow - What's appropriate in exchange?
In my experience it is best to deliver a home VACNT to the buyer no later than three after "THE CLOSE OF ESCROW".

Doing otherwise can create undue stress and headaches.

Contract ... more
0 votes Share Flag Mon Mar 3, 2014 Home Selling in Encino
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
are the public middle and high schools in encino good? and what are they called?
Depends( see a link to Great Schools here: http://www.greatschools.org/california/encino/)
Elementary schools are great( my child went to Encino Charter ES), Middle school is ok too. A ... more
0 votes Share Flag Mon Dec 16, 2013 Home Buying in Encino
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