Torrance : Questions & Answers

change location

cancel or

Q&A

113
Wallace Hags…, Real Estate Pro in Valencia, CA
Wallace Hagstrom, Broker answered:
Are we loan approvable?
Banandy based on your description the answer is YES you would qualify no problem. Your payment at 5% 30 year fixed would be around $2,300 a month including taxes and insurance. That g ... more
0 votes Share Flag Sun Apr 26, 2009 Home Buying in Torrance
Earl Cline, Real Estate Pro in West Jordan, UT
Earl Cline answered:
Is a license required to be an on-site property manger in CA?
There is no license required to be an on-site Manager in CA. If you are interested in working in the industry, try looking at www.irem.org. They will have classes that you can take to ... more
0 votes Share Flag Sat Apr 11, 2009 General Area in Torrance
Jefferson, Home Buyer in Bucks County, PA
Jefferson answered:
what is the lowest score for fha loans to get a home?
Hi Jennamarie,

Usually the minimum is 620. There are a few lenders out there that might still be willing to go lower. IMO - 620 is a much more responsible minimum than what we've ... more
0 votes Share Flag Thu Apr 9, 2009 Home Buying in Torrance
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
Looking to get an FHA loan soon, but what about finding an FHA loan qualified residence? Hear it's hard....
Stephanie:

This is precisely why you work with an agent, and specifically an agent who has worked with buyers using FHA loans. Those of us who specialize in FIrst Time Homebuyers an ... more
0 votes Share Flag Wed Jul 1, 2009 Home Buying in Torrance
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
Example - I don't know my FICO score(s)....yet....so say my lowest of 2 is as low as 520 and husbands is 720
Stephanie:

The short answer is, no, this is not how it works. The good news is that the lenders do not look at your lowest score, but rather at your middle score. The other good ne ... more
0 votes Share Flag Tue Oct 12, 2010 Home Buying in Torrance
Patty Fisch, Real Estate Pro in Chandler, AZ
Patty Fisch answered:
What is the lowest acceptable FICO score you can have and still qualify for an FHA loan. My husband and I
You need to check with a lender for your particular situation to get a solid answer ... in the interim:

Overall FHA loans require a 620 score and last 12 month payment history is im ... more
0 votes Share Flag Wed Jun 24, 2009 Home Buying in Torrance
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
How do I find listings for lease with a purchase option? Saw where an agent stated - You (or your agent)
Stephanie:

This is a great question. The answer is, this is the perfect time for you to find an agent who is willing to make the tough telephone calls and work to find you a lease o ... more
0 votes Share Flag Sun Mar 22, 2009 Home Buying in Torrance
David Chambe…, Other/Just Looking in Saint Petersburg, FL
David Chamberlain answered:
Do anyone have part time mortgage broker job or if you know any company who is hiring in these days?
Do you have any exp as a mortgage broker or have any exp in real estate.
0 votes Share Flag Wed Jul 15, 2009 Home Buying in 90505
Frank Spencer, Real Estate Pro in Corona, CA
Frank Spencer answered:
South bay prices - how far will they fall?
Hello again Moni,

Be careful you are falling into a familiar trap. One that has you always looking for the 'PERFECT" time to purchase a home. The window of perfection is too small an ... more
0 votes Share Flag Wed Oct 8, 2014 Home Buying in 90505
Marty S, Real Estate Pro in Irvine, CA
Marty S answered:
Does someone has an REO listing of SFR in Torrance, CA?
I have a Realtor that can show you SEVERAL REO's in Torrance.

His name is Bob Simpson and his number is 323-721-1777

I am a mortgage broker. If I can be of service, please let me ... more
0 votes Share Flag Sat Mar 28, 2009 Home Buying in Torrance
Dominique Re…, Real Estate Pro in 93704
Dominique Ressurreicao answered:
how do I find a lender who does mortgages for co-operative housing in Los Angeles?
Hello,

I might be able to help you. I would like to talk with you whenever you have a chance.

Thank You,

Dominique Ressurreicao
American Pacific Mortgage
559-892-6812
0 votes Share Flag Tue May 22, 2012 Financing in Torrance
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
Where is the auction taking place for the Shadycroft house 55,300?
Sheyla:

As with most foreclosure auctions in this area, the auction will take place on the courthouse steps (if it takes place at all) at 12720 Norwalk Blvd, Norwalk, CA. Currently ... more
0 votes Share Flag Mon Nov 24, 2008 Foreclosure in Torrance
Sheyenne Sch…, Real Estate Pro in Torrance, CA
Sheyenne Schultz answered:
Loan modification: will my 5-1 convert to a 30 Yr. fixed - and will the monthly payment be reduced accordingly
Hi Art! I have an awesome lender who is the ceo of the company here in Torrance and is the goddess of loans....she can take a look at your situation for no obligation at all and let you ... more
0 votes Share Flag Sat Nov 1, 2008 How To... in Torrance
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Question on how lenders determine who's eligible and who is not for a modified loan.
your credit score is not affected, they can modify it in a couple of different ways. if you are behind they can take say the 2 months you are behind and add it to the balance or they ca ... more
0 votes Share Flag Sun Nov 2, 2008 Financing in Torrance
NonRealtor, Other/Just Looking in 23456
NonRealtor answered:
We bought our home for 575K -market value now 500K.
Right now, you're probably thinking "We should have rented", right? Sol means "sun" in spanish. It means something else for your situation. Maybe ask your neighbors what they are doi ... more
0 votes Share Flag Sun Nov 2, 2008 Financing in Torrance
Chandra, Other/Just Looking in Whittier, CA
Chandra asked:
Who can I contact at hte HOA association for a Harbor Ridge condo other that Debbier porter for CC&R's.? --
This question is about this property: http://www.trulia.com/property/36222593-22336-Harbor-Ridge-Ln-Torrance-CA-90502
0 votes Share Flag Thu Oct 2, 2008 Financing in 90502
Sheyenne Sch…, Real Estate Pro in Torrance, CA
Sheyenne Schultz answered:
Your thoughts on Torrance's Serenade homes?
Hi Sha Chris23! I think you are right! I am a buyer's agent and represent buyers all day long here in the southbay...so I see alot and I do mean alot of homes! And the price the builde ... more
0 votes Share Flag Fri Oct 3, 2008 Home Buying in Torrance, CA
Michael Barr…, Real Estate Pro in Irvine, CA
Michael Barron answered:
Aggressive low balling...is that a good strategy?
Hi there Fat, This is a great time to buy, The statistics do show this.
When you work with Realtor they have a Fiducary realtionship to work for you and to have your best interests a ... more
0 votes Share Flag Thu Oct 21, 2010 Home Buying in 90503
Yvonne Cousar…, Real Estate Pro in 78240
Yvonne Cousar, REALTOR answered:
Is there an income tax to a rental property (SFR) even if the rent is much lower than the mortgage?
Hi Dee....... talk to your CPA. Rent is income to the property owner and it does not matter if the rent is greater than or less than the mortgage. However, you will probably be able to ... more
0 votes Share Flag Sat Sep 6, 2008 Home Selling in Torrance, CA
Dyanna, Real Estate Pro in California
Dyanna answered:
I'm trying to determine if it's better to get funding for a mortage from a bank or a mortgage broker.
I have nothing against mortgage broker, I use them all of the time, but you might be better off going with a direct lender. You have good credit, 25% down and stable as far as employmen ... more
0 votes Share Flag Sun Nov 2, 2008 Financing in Torrance, CA
1 2 3 4 5 6
Search Advice

Followers

584
Email me when…

Learn more

Meet the Trulia VIPs
Dorene Slavitz, Agent in Culver City, CA
Dorene Slavitz
Agent
Culver City, CA
Sarah Lin, Broker in 90241
Sarah Lin
Broker
90241
Mike Bjork, Mortgage Broker<br/>or Lender in Redondo Beach
Mike Bjork
Mortgage Broker
or Lender

Redondo Beach
Alex Montelongo-Broker, Broker in Seal Beach
Alex Montelongo-Broker
Broker
Seal Beach
Home > Q&A > California > Los Angeles County > Torrance
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer