Agent2Agent in Los Angeles : Questions & Answers

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Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Has the "quality" of the questions from homebuyers or renters seem like it has changed over the last month, or so?
You bet!!! I am feeling the exact same way!!! It has been frustrating...I actually think it's been going on for several months.
0 votes Share Flag Sat Aug 25, 2012 Agent2Agent in Los Angeles
Maricela And…, Real Estate Pro in Austin, TX
Maricela Andrade answered:
How to make an offer for a home path( renovation financing) property accepted?
You might find the following group on LINKEDIN helpful; I am postng their latest bulletin:

Group: Asset Manager and REO Real Estate Agent Connect
Subject: Announcement from Asset Ma ... more
1 vote Share Flag Thu Aug 2, 2012 Agent2Agent in Los Angeles
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
how to get homepath offer accepted?
Bids on Homepath homes can only be submitted by real estate professionals.
Homepath homes are often on a schedule of incremental price reductions. If an offer is not accepted the pric ... more
1 vote Share Flag Wed Jul 25, 2012 Agent2Agent in Los Angeles
Aaron Bellis…, Real Estate Pro in 90036
Aaron Belliston answered:
Bank foreclosed a property one day before escrow closing of an approved short sale. Can a buyer/seller fight a bank?
A quick follow-up: Homeowners Bill of Rights was signed into law by Gov. Brown today. So if this type of activity takes place in the future there will actually be some recourse.

Ro ... more
0 votes Share Flag Wed Jul 11, 2012 Agent2Agent in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
How 2 br ( public records and nothing changed/added) can be offered for rent as 4br house?
Dear Inna,

Wow..I feel you!
This type of thing happens,(too often) so my solution has been to preview all possible property for my buyers before I bring them to see anything. I fee ... more
0 votes Share Flag Thu Jun 14, 2012 Agent2Agent in Los Angeles
Richard
Richard "RJ" Kas answered:
Is it wise to write an offer on a SS with two lien holders?
Sure. From a buyers side, not much difference other than maybe a little more time to wait. It is all on the seller and listing agent. Buyer wont need to do anything different. If you ... more
1 vote Share Flag Wed Jun 13, 2012 Agent2Agent in Los Angeles
Marilyn Jenne, Real Estate Pro in Los Angeles, CA
Marilyn Jenne answered:
Has anyone recently had any luck getting a Short-sale approved with OCWEN!?
Was able to complete a short sale with OCWEN; with the call center in Australia. Fortunately for me, I represented the buyer, so the listing agent handled the communication. We freque ... more
1 vote Share Flag Tue Jun 12, 2012 Agent2Agent in Los Angeles
Marvin Von R…, Real Estate Pro in Tigard, OR
Marvin Von Renchler answered:
Would your buyer agree to buy a property As Is offering a full price, pay all closing costs (seller's too), close in 30 days, etc.?
Too vague to answer. The key is to discover what the seller wants and needs. One can hit a certain hot button with a very low offer if they know how to read the seller and/or represting ... more
1 vote Share Flag Wed May 30, 2012 Agent2Agent in Los Angeles
Neal Grusky, Real Estate Pro in Pacific Palisades, Los...
Neal Grusky answered:
Do you have a website or program that you can recommend to help me create a HUD-1 for a short sale?
Only an escrow company can do this. There are many quality ones out there. Be sure to make a good choice on the esrow company you decide to use.

Neal Grusky
DRE# 01890580
Hpremier ... more
0 votes Share Flag Thu May 24, 2012 Agent2Agent in Los Angeles
Steve Quinta…, Real Estate Pro in Albuquerque, NM
Steve Quintana answered:
Is a listing agent happy to see an offer for a short sale over asking price?
Yes, offering more than list price will generally increase you chances to buy a short sale property. Other factors need consideration, like the ability of the offeror to perform, timin ... more
0 votes Share Flag Mon May 14, 2012 Agent2Agent in Los Angeles
Friestad Rea…, Real Estate Pro in 71111
Friestad Realty answered:
What's wrong with REO agents?
Deborah,

I am an REO agent and strive hard to treat agents and buyers with professionalism. I have found that other REO agents are not like us. They either have too much business o ... more
1 vote Share Flag Sun May 13, 2012 Agent2Agent in Los Angeles
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
how long should I wait for a reply on a short sale?
Hi, Beginning June 1, 2012 any shortsales backed by Fannie Mae & Freddie Mac will be required to give an answer within 30 days of the package being submitted...if there are any document ... more
0 votes Share Flag Mon May 7, 2012 Agent2Agent in Los Angeles
Carmen Brode…, Real Estate Pro in Scottsdale, AZ
Carmen Brodeur- Top 1% Realtor answered:
Have you been contacted by Reply! Real Estate?
Wow thanks for the heads up.
0 votes Share Flag Tue May 1, 2012 Agent2Agent in Los Angeles
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
why do short sales take so long?
There is a lot of reason why the take so long. A few reasons are;

1.) why would the bank to rush on property that they are already taking a significant loss on?
2.) Paperwork is no ... more
0 votes Share Flag Sun Apr 22, 2012 Agent2Agent in Los Angeles
Willy Olsen, Real Estate Pro in Claremont, CA
Willy Olsen answered:
Need Commercial Property in Studio City by Universal . Preferably on Ventura Blvd. around 5,000SQF - anything available for sale in the area?
Let me know if your client is still looking for office space to purchase and how much are they looking to spend.
Contact me directly @ 760-985-2671 or 714-408-7760 or reo.willy@gmail ... more
0 votes Share Flag Mon Apr 16, 2012 Agent2Agent in Los Angeles
James Browni…, Real Estate Pro in Westminster, CO
James Browning answered:
Is Short Sale Certification Worth It?
The Short Sales Certification is a designation given to real estate professionals who have completed course work related to the Short Sales process.

This course work provides a tho ... more
0 votes Share Flag Fri Apr 13, 2012 Agent2Agent in Los Angeles
Joan Congilo…, Real Estate Pro in Manalapan, NJ
Joan Congilose CRS,CDPE,GRI answered:
Does anyone have a copy of a buyer broker agreement?
You can probably get one from your local board of realtors. They have standardized forms for all types of agreements including buyer brokerage
0 votes Share Flag Wed Apr 11, 2012 Agent2Agent in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Who normally pays the cost to stage a house...the listing agent or the owner of the property?
Dear Gary,

The owner of the property will pay for home staging in order to present their home in a better light and hopefully get higher and better offers.
0 votes Share Flag Sun Apr 8, 2012 Agent2Agent in Los Angeles
Cyndi Yasher…, Real Estate Pro in Santa Clarita, CA
Cyndi Yasher Lesinski answered:
Would you trust a hand shake while buying/selling a RE property In California?
I complete a hand shake transaction in Ohio about 15 years ago! It went great! However, things have changed and now I am in California. Thus, we must live by todays restrictions and ... more
0 votes Share Flag Tue Apr 3, 2012 Agent2Agent in Los Angeles
Inna Ivchenko, Real Estate Pro in Encino, CA
Inna Ivchenko answered:
Semi-experienced agent? Would you consider working for a base salary and bonus for every deal closed, provided you are given 10 leads a week? Why?
I agree with James Pitcher.
If a realtor is paid a flat fee, his focus is strictly on volume ( close by any cost) and not on creating a relationship with a client based on trust.

... more
0 votes Share Flag Sat Mar 31, 2012 Agent2Agent in Los Angeles
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