Southern Pacific / Richards : Questions & Answers

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Bruce Slaton, Real Estate Pro in Elk Grove, CA
Bruce Slaton answered:
How can I find housing on extremelylow income ssi ?
I'm thinking you have a typo there with a 17,000 square foot home, maybe you meant 1,700?. CA is not known for cheap rents but I've seen many posts where relocating to another state ma ... more
0 votes Share Flag Mon Oct 28, 2013 For Rent in Southern Pacific / Richards
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
**I'm the buyer** What is a loan modification and can this be done on a home that's listed as a short sale?
Robin it is common for an owner to try for a loan modification to keep their house, most do pnic and list their house as a short sale to try and stay out foreclosure. If they get a loan ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Kylee Roe, Real Estate Pro in Sacramento, CA
Kylee Roe answered:
What is a loan modification and can this be done on a home that's listed as a short sale?
Different lenders or lien holders may define this differently, depending on what they are willing to do for you. Basically, a loan mod changes some of the terms of your loan--such as lo ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Lauryn Eadie…, Real Estate Pro in Reston, VA
Lauryn Eadie 703-898-4771 answered:
What safeguards against self-dealing? Bank's listing agent using shill to purchase undervalued property for quick resale?
Bete,

most banks these days actually have rules and addendums that both the listing agent, buyers and buyers agent have to sign stipulating the deal is an arms length transaction and ... more
0 votes Share Flag Sun Oct 16, 2011 Home Buying in Southern Pacific / Richards
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
My husband's job is moving us to the west coast. We can pick anywhere we'd like, and we've narrowed down between Old Town Pasadena,
All of these areas are pretty different from each other. Old Pasadena has charm and character but it's pricey -- hey, you're close to the Rose Parade, though. Although I haven ... more
0 votes Share Flag Fri Sep 17, 2010 General Area in Southern Pacific - Richards
Sara Nickels, Real Estate Pro in 85253
Sara Nickels answered:
How do you know if a selling agent presented your offer to the sellers? Is there a way to find this out?
I'd like to believe all real estate agents are ethical and would present all offers unless the seller has directed them not to. If the real estate agent is a REALTOR, that REALTOR ... more
0 votes Share Flag Wed Sep 30, 2009 Home Buying in Southern Pacific - Richards
Elizabeth We…, Real Estate Pro in Sacramento, CA
Elizabeth Weintraub answered:
Brand new homes
New homes are purchased the same way as resale homes except most of the time, buyers tend to wander into new home subdivisions without a real estate agent and buy directly from the buil ... more
0 votes Share Flag Thu Dec 31, 2009 Home Buying in Southern Pacific - Richards
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