Home Buying in Orange County : Questions & Answers

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Nicole Fedor…, Real Estate Pro in 92866
Nicole Fedorchek answered:
Job relocating to Seal Beach........Looking at Irvine or Tunstin possibly to rent or buy.
Hi,
Studies show that if you plan on staying in your home for more than 3 years, then its worth buying a home (due to closing costs, etc). While many people experience "sticker-shock" ... more
0 votes Share Flag Mon Jul 21, 2014 Home Buying in Irvine
Fred Hayes, Real Estate Pro in Fullerton, CA
Fred Hayes answered:
Short sale backup offer
It is not crazy. If the buyer's agent utilizes the appropriate contingency clauses and forms, buyer's funds would not be at risk until the short sale was assured. However, there are qu ... more
0 votes Share Flag Thu Jul 17, 2014 Home Buying in Fullerton
Nicholas S.…, Real Estate Pro in Rockford, IL
Nicholas S. Nelson answered:
hi..I`m prequalified in California to buy a home but can I buy a home in other state.thanks
Prequalification are borrower specific, not state specific. If looking in a different state you do need to let lender know if it will be primary residence, second home or investment pr ... more
0 votes Share Flag Tue Jul 15, 2014 Home Buying in 92780
Infinitycout…, Home Buyer in Perris, CA
Infinitycouture answered:
I am looking to buy a cheaper home in Yorba Linda.
The home at 28680 Evening Breeze Drive in Yorba Linda has 2518 home sq. ft. plus 459 additional sq. ft in a large First floor bonus room. Homes in this neighborhood with a view of the ... more
0 votes Share Flag Mon Jul 14, 2014 Home Buying in Yorba Linda
helenras, Home Seller in Portland, ME
helenras answered:
Can you renegotiate your bidding price for a property after initial offer is accepted?
Can you renegotiate your bidding price for a property after initial offer is accepted?
Scenario # 2

I'm aware that if something comes up during the inspection or appraisal process, ... more
0 votes Share Flag Sun Jul 13, 2014 Home Buying in La Habra
theusualsusp…, Other/Just Looking in Laguna Hills, CA
theusualsuspectsloses answered:
Can someone tell me anything about Laguna Village.?
The condos at Laguna Village are nice and clean that we have seen. We are very impressed with our condo and like it much better than other places we have lived in Orange County. Manage ... more
0 votes Share Flag Fri Jul 11, 2014 Home Buying in Laguna Hills
Kawain Payne,…, Real Estate Pro in Long Beach, CA
Kawain Payne, Realtor, Notary answered:
Autistic home for teens moving into our residential neighborhood. We already have an ACLF. Will this have an affect on our property values?
I do not think so. I hope you all will welcome them, and show them the same courtesy you would any other NEW person on the block!

Kawain Payne, Realtor
0 votes Share Flag Tue Jul 8, 2014 Home Buying in 92837
Tim and Lisa…, Real Estate Pro in 23452
Tim and Lisa Hulme answered:
I AM TRYING TO RENT A HOME, BUT I HAVE BAD CREDIT. ANY SUGGESTIONS??
If cash flow is not a problem, many traditional property managers/landlords will consider a two-month security deposit equivalent (legal max here in Virginia) to offset the sub-credit s ... more
0 votes Share Flag Tue Jul 8, 2014 Home Buying in Placentia
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Interested in lender mortgage promotions, rebates, air mile earning, etc
With all due respect, asking a question then telling us how we should or should not answer is not quite fair fame.

From your two posts, you seem way more interested in perks and plus ... more
1 vote Share Flag Sat Jul 5, 2014 Home Buying in 92705
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Home buyer rebate
Sounds like you should use Redfin!
1 vote Share Flag Sat Jul 5, 2014 Home Buying in 92705
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo-Broker answered:
Renting now want to buy later
You should be able to buy in 2 years if you can prove that you are stable and have been paying your bills on time again. Do you know what your credit score is? You will need to speak wi ... more
0 votes Share Flag Tue Jul 1, 2014 Home Buying in La Palma
Pocahontas99, Home Buyer in Chula Vista, CA
Pocahontas99 answered:
No Seller Property Questionnaire?
Actually I was looking at a cute house and we put in a bid and we got the same thing. Basically he flipped the house and he doesn't know, but I would assume that a long with the upgradi ... more
0 votes Share Flag Mon Jun 30, 2014 Home Buying in Orange
Danastenson, Home Buyer in Irvine, CA
Danastenson asked:
How can I find out the median price for a three bedroom town home in Orange County for each city? I need to compare these prices to determine if there IS a city in Orange County that we can afford to buy in. We were both raised in Irvine and are very familiar with OC.
0 votes Share Flag Sat Jun 28, 2014 Home Buying in Orange County
frittsfran, Home Buyer in Columbia, SC
frittsfran answered:
How do I find a home that has a mother in law quarters or guest house in back yard?
I don't know because I have been searching for about an hour and one-half and even though I put in Columbia, SC real estate with mothers-in-law-suite, but get NOTHING. It is really fru ... more
0 votes Share Flag Sat Jun 28, 2014 Home Buying in Orange
Shannon Jones, Real Estate Pro in Long Beach, CA
Shannon Jones answered:
Hi, Is there any way we could find a condo under $400,000 in Los Alamitos? Thank you!
Occasionally there are condos or townhomes that are in this price range. You may also want to include other nearby communities in your search as well. Please let us know if you need any ... more
0 votes Share Flag Sat Jun 28, 2014 Home Buying in 90720
Kawain Payne,…, Real Estate Pro in Long Beach, CA
Kawain Payne, Realtor, Notary answered:
Appraisal came in Exactly at purchase price ? Is that normal?Here's the story The list price of the short
This is an old question, BUT I just had this happen on a property this month (June 2014)


Kawain Payne, Realtor
0 votes Share Flag Thu Jun 26, 2014 Home Buying in 90630
Kawain Payne,…, Real Estate Pro in Long Beach, CA
Kawain Payne, Realtor, Notary answered:
Home Prices in La Palma
No one can say for sure what the future of home prices will be. We can only act based on CURRENT conditions.

Rates remain at record lows, but lending guidelines are getting strict as ... more
0 votes Share Flag Thu Jun 26, 2014 Home Buying in 90623
Steve Dillon, Real Estate Pro in Laguna Beach, CA
Steve Dillon answered:
What exactly are the income, asset and any other requirements for COOP purchase in Laguna woods?
Hello,

The Co-Ops in United Mutual have very specific income and asset requirements. I've outlined them below and provided a link to the resale application package on the Laguna Woo ... more
0 votes Share Flag Thu Jun 26, 2014 Home Buying in 92637
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
do first time home buyers really get loans with 0 down or is that a rumor? Looking into owning a home but do not know the first thing about it (scary)
Hello Lizett.perez30, you may qualify for the USDA Rural Zero Down program from a minimum 580 fico score and purchase in rural areas. You may also qualify to buy zero down as a Veteran. ... more
0 votes Share Flag Wed Jun 25, 2014 Home Buying in 92804
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
We are trying to rent an apartment in Orange County, CA, however we have bad credit (low 500's) mainly due to medical bills...what to do?
Hello MH, you may qualify to buy easier that renting but you may be able to put a larger deposit to qualify for rentals. You should study RENT vs BUY options as you may qualify to buy w ... more
1 vote Share Flag Mon Jun 23, 2014 Home Buying in 92688
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