Home Buying in Orange County : Questions & Answers

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Sames & Asso…, Real Estate Pro in 33706
Sames & Associates answered:
Redfin vs. traditional agent
Eric

Well said.

"You get what you pays for"
Diana Sames St Pete Beach FL
0 votes Share Flag Sun Dec 7, 2014 Home Buying in Huntington Beach
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Do seller disclosures require notice to buyer the sale of a home in receivership is not final until the court confirms the sale at a hearing?
Anything that affects or could affect the buyer should be disclosed. If you need more specifics than that, I would consult with either your Real Estate Broker or an Attorney.

Good lu ... more
0 votes Share Flag Sun Dec 7, 2014 Home Buying in 92624
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I Live in NJ. I paid $160,000 for a house 15 years ago. If I sell it for $250,000 and buy a house for $65,000 do I have to pay taxes on the sale?
You are living in the OLD DAYS of property taxes. That system ended 15-20 years ago. Your personal house is tax exempt up to $500k if married - $250k single. So no tax at all if not ove ... more
0 votes Share Flag Sun Dec 7, 2014 Home Buying in 92701
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo-Broker answered:
how can i find the agent or company listing a property. ,520 El Rancho Drive, La Habra CA seems like everyone is selling it
Your best bet is to work with a buyers agent. Your agent should be able to get all of the information that you need to purchase a property.

All the best,

Alex Montelongo/Broker
... more
0 votes Share Flag Tue Dec 2, 2014 Home Buying in La Habra
Alex Montelo…, Real Estate Pro in Seal Beach, CA
Alex Montelongo-Broker answered:
Can you renegotiate your bidding price for a property after initial offer is accepted?
Yes, as long as you are still within your contingency period. To strengthen your request for a lower sales price, you should "back it up" by documentation such as an inspection report o ... more
0 votes Share Flag Tue Dec 2, 2014 Home Buying in La Habra
Jon Ettelson, Real Estate Pro in Laguna Niguel, CA
Jon Ettelson answered:
what should be my offer if the asking price is $780000. in Laguna Hills area?
Ask your agent to do Comparative Market Analysis to find an appropriate value for the home(then offer a little below that). Good Luck!
0 votes Share Flag Wed Nov 26, 2014 Home Buying in Laguna Niguel
Jon Ettelson, Real Estate Pro in Laguna Niguel, CA
Jon Ettelson answered:
We are starting our search- what neighborhoods/developments in addition to San Joaquin Hills should we look into? Our priorities are:
I love Beacon Hill. Reasonable prices, great schools, 2 miles to Salt Creek beach, 3 awesome pools, 6 tennis courts and really cool neighbors! Good luck.
0 votes Share Flag Wed Nov 26, 2014 Home Buying in Laguna Niguel
Rolfe Jaremus, Home Buyer in Lincolnshire, IL
Rolfe Jaremus answered:
What Happens When You Have a Lien on Your House & You Want to Sell It?
There are a lot of incorrect answers on this site. There are many conditions that determine how a lien is handled upon sale. Is the house being sold outright? Is the house being sold ... more
0 votes Share Flag Mon Nov 24, 2014 Home Buying in 92701
Bob Phillips…, Real Estate Pro in Coto de Caza, CA
Bob Phillips - (949) 887-5305 answered:
I am a buyer of home within next 12 months (from Chicago) in Coto de Caza. What is the market like this year and outlook for next year or so?
Hi Steve, I've been living in, and specializing in Coto for the past 25 years. I apologize for missing your question earlier, and perhaps you've already found your new home in Coto.

... more
0 votes Share Flag Wed Nov 19, 2014 Home Buying in Coto de Caza
Paul Youssef, Real Estate Pro in Costa Mesa, CA
Paul Youssef answered:
Underwriter denies loan days before closing what can i do??????????????????????????????/
Too bad. Lenders do this all the time.

Have you removed your loan contingency?

You have the option of backing out, hopefully you didnt remove the loan contingency,

Or propos ... more
0 votes Share Flag Tue Nov 18, 2014 Home Buying in Brea
Paul Youssef, Real Estate Pro in Costa Mesa, CA
Paul Youssef answered:
Is a contract for deed a good way to buy/sell a house?
I specialize in seller financing but we do not use the "contract for deed" or land contract method, mainly because of the risks the buyer assumes. We don't even use the AITD method, bu ... more
0 votes Share Flag Mon Nov 17, 2014 Home Buying in 92821
Frank Abbade…, Real Estate Pro in 92845
Frank Abbadessa answered:
Are there FHA programs with 1/2% down? For real?........
There are many of these programs available. There are certain stipulations such as income requirements and debt to income ratio though I have had several clients take advantage of this ... more
0 votes Share Flag Mon Nov 17, 2014 Home Buying in 90623
Paul Youssef, Real Estate Pro in Costa Mesa, CA
Paul Youssef answered:
I'm moving to Irvine, CA from Singapore. Are foreigners eligible to purchase properties?
Yes. But there are rules that may restrict you from obtaining financing as well as rules on tax withholding.

I specialize in seller financing. I can help you get financed with 10 ... more
0 votes Share Flag Sat Nov 15, 2014 Home Buying in Irvine
Paul Youssef, Real Estate Pro in Costa Mesa, CA
Paul Youssef answered:
Anyone have stated income loans under 5.5% interest rate?NonJumbo loans with 30% down or more?
If you have trouble getting financed let me know. I can help you or your client find a seller financed home at 5.5% or better with about 15% down payment. Check my website.
0 votes Share Flag Sat Nov 15, 2014 Home Buying in Irvine
Jill Murty, Real Estate Pro in Mission Viejo, CA
Jill Murty answered:
How are liens handled when a home is sold?
In the case of a short sale, the buyer will be expected to satisfy outstanding liens.
0 votes Share Flag Fri Nov 14, 2014 Home Buying in Orange
Kathy Kennedy, Real Estate Pro in 92688
Kathy Kennedy answered:
Who can attend open houses?
Agents definetly want you to come see their open houses!! This is a good way to begin to get a feel for neighborhoods and floor plans that you like, and who knows, and you might just f ... more
1 vote Share Flag Thu Nov 13, 2014 Home Buying in 92677
NickBao, Home Buyer in Santa Ana, CA
NickBao answered:
How a Lien would affect your property value and how to clear it off the title?
A lien is typically filed at a County Records office (for real property) or with a State Agency, such as the Secretary of State (for cars, boats, office equipment, and the like).
To re ... more
3 votes Share Flag Thu Nov 13, 2014 Home Buying in 92701
Mark Lee, Home Buyer in San Jose, CA
Mark Lee answered:
I have heard mixed reviews regarding Floral Park, Santa Ana, CA. Can anyone give me information from people who live there or sell property there?
You can get the demographic data of the Floral Park, CA for free at www.census.gov or www.searchq.com
The zip code demographic data should cover housing statistic, area crime rate, sch ... more
0 votes Share Flag Thu Nov 13, 2014 Home Buying in 92701
Kathy Kennedy, Real Estate Pro in 92688
Kathy Kennedy answered:
Hi, when I see a home listed as a foreclosure at lets say $100.000 owed thats not a selling price?
no this is not the sale price this is just what they owe, sounds like the seller would likely sell the home or reinstate than let it go to foreclosure and miss out on their equity.
0 votes Share Flag Tue Nov 11, 2014 Home Buying in Mission Viejo
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