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Pomona : Real Estate Advice

  • All93
  • Local Info9
  • Home Buying27
  • Home Selling1
  • Market Conditions4

Activity 61
Fri Jul 14, 2017
Krishna32 answered:
Hi Lin,
I've been using a very simple and free site for the past few years called TenantMagic. Great customer service, great reports, all around nice company.
You do want to be careful that you are not using only a credit report. A credit report alone is not sufficient for screening a tenant. Many tenants are buying fake credit stubs to trick the landlords, so it is very important to verify identity and other histories with comprehensive reports like the ones provided by TenantMagic. ... more
4 votes 2 answers Share Flag
Wed Apr 26, 2017
Valentinalopez! answered:
i need you to help me find a house or apartment in sanbernadino am homeless and i have two sons one of my son tryed to kill him self one month ago i need to find some where to live so he can get out of the hosptial can u help me i recieve 200 hundred a month and i work part time sooner the better ... more
0 votes 14 answers Share Flag
Mon Mar 20, 2017
Sheryl Arndt answered:
It will depend on the county, down payment assistance program choice, income, number in household, etc.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

If you are buying a primary residence you could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score up to 424k.

You may go up to 600k in high cost areas and only 400k in others with the CalHFA. You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 424k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 424k.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA or CalVet loan specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
1 vote 5 answers Share Flag
Sat Feb 18, 2017
Brian Barr answered:
I have a great 5 plex 9th and Towne there all 2 bed one bath with a one car garage with automatic garage door openers. with a fence yard for your pet. Its maybe half mile from Western ( Look on the map) I have had many vet students at the units My Father is a horse trainer at the local Santa Anita race track. I know several of the professors that are vets.

Anyway my units go fast so if your interested you can contact me bapropertymgmt@aol.com all units are currently occupied but I can pre approve and contact you if I am going to have a vacancy.
... more
0 votes 2 answers Share Flag
Thu May 19, 2016
Legal8 answered:
I experienced a similar problem, but not with an investor. The house passed Inspection and the contractor working with my broker promised to remodel the master bathroom and bedroom for $9,000 which has a gorgeous breathtaking view of the city and valley. After escrow closed, the contractor's costs more than doubled!!! Inspectors generally disclaim details of what's behind & inside walls. They advise you to pay your own plumber, electrician, etc. Instead of hiring a plumber, I took the risks, sold my old place and used my entire investment of $600k to buy my new home. Long story short, yes, I could have hired a lawyer, I could have sued all the parties but the costs of bringing a lawsuit often exceed or match what I'd pay to resolve the issue. In the meantime during the court proceedings, I'd have to pay for a place to live. I retired from the court system and they have cut back drastically which means they don't have enough staff to push cases along quickly. So, I chose to just make my own repairs. I don't want to be tied up in a lawsuit that could potentially take up to a year.....or even longer and stress me out to the point of health issues. It's a personal choice in how you decide to handle the whole thing. Good luck! I should have just paid the extra money and hired plumbers & electricians but I learned a invaluable lesson! ... more
0 votes 6 answers Share Flag
Thu May 19, 2016
Legal8 answered:
Could they have remodeled? Or was the owner about to default and just wanted to get whatever he could? I'd really like to know the answer to this one!!
0 votes 3 answers Share Flag
Thu Jan 21, 2016
Fred Van Allen answered:
I am the #1 real estate agent in Pomona and I live in Lincoln Park in Pomona. Moved here from OC 20 years ago and have never regretted it. Lots of great friends...downtown is great...near freeways, colleges and two metrolink stations. The Lincoln Park Historic District is AWESOME. American Bungalow Magazine has been there twice and says it takes a back seat to no other historic district. The LA Times has features it at least twice.
Fred Van Allen First Team Real Estate CHRISTIE'S
909.261.9711
www.fredvanallen.com
... more
0 votes 12 answers Share Flag
Mon Dec 28, 2015
Areynoso3921 answered:
Thank you all for the great advice! My Realtor is now checking with his legal department.
0 votes 5 answers Share Flag
Mon Aug 3, 2015
Hwa Jurong answered:
Good Day !!

I am Hwa Jurong, a Reputable, Legitimate & an accredited money
Lender. I want to use this medium to inform you that i render reliable beneficiary
assistance as I'll be glad to offer you a loan at 2% interest rate to
reliable individuals.

Services Rendered include:

*Home Improvement
*Inventor Loans
*Car Loans
*Debt Consolidation Loan
*Line of Credit
*Second Loan
*Business Loans
*Personal Loans
*International Loans.

Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail:hwajurong382@yahoo.com hwajurong12@gmail.com
Yours Sincerely,

Hwa Jurong(MD).
... more
0 votes 10 answers Share Flag
Mon Aug 3, 2015
Hwa Jurong answered:
Good Day !!

I am Hwa Jurong, a Reputable, Legitimate & an accredited money
Lender. I want to use this medium to inform you that i render reliable beneficiary
assistance as I'll be glad to offer you a loan at 2% interest rate to
reliable individuals.

Services Rendered include:

*Home Improvement
*Inventor Loans
*Car Loans
*Debt Consolidation Loan
*Line of Credit
*Second Loan
*Business Loans
*Personal Loans
*International Loans.

Please write back if interested.
Upon Response, you'll be mailed a Loan application form to fill. (No social
security and no credit check, 100% Guaranteed!) I Look forward permitting me to
be of service to you. You can contact me via e-mail:hwajurong382@yahoo.com hwajurong12@gmail.com
Yours Sincerely,

Hwa Jurong(MD).
... more
0 votes 7 answers Share Flag
Thu Jun 25, 2015
kimloanle answered:
Hi Ana,

To find a room in a safe community in or around Pomona, the prices can go as high as $750 per month and you still have to share the bathroom.

I have rented out the rooms in my house for 3 years now and the prices have gone up quite a bit in recent year. The price ranges for my rooms are between $550 and $600, fully furnished, all utilities included, in a very safe safe community in Phillips Ranch, only 3 miles from Cal Poly.

If you still need a place to rent, you can call Kim at (909) 538-7890.
... more
0 votes 1 answer Share Flag
Thu Jun 4, 2015
Scott Saults answered:
Be careful of rental scams. It has happened to one of my clients as well.
0 votes 3 answers Share Flag
Tue May 19, 2015
heather mccray asked:
Wed Apr 15, 2015
Alex Montelongo Real Estate Group answered:
It is possible to remove your wife from the mortgage if they sell or refinance. It sounds like they needed each other to qualify and therefore they are both on the loan. At some point your wife was removed from title. That does not relinquish her from her obligation to the loan/mortgage.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 5 answers Share Flag
Wed Apr 15, 2015
Alex Montelongo Real Estate Group answered:
Good idea to work with a Realtor. There are many scams out there and your best defense against them are working with a reputable real estate professional.

Best of luck,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #0145982
... more
0 votes 3 answers Share Flag
Fri Jan 2, 2015
Fred Van Allen answered:
There is not 'typical', this is not a cookie cutter stucco community, lots of beautiful vintage custom homes.
0 votes 3 answers Share Flag
Wed Oct 22, 2014
Alex Montelongo Real Estate Group answered:
There is a map to the right of this listing. You can zoom in and out to se where the property falls and its nearby surroundings. This property is located closest to the 71fwy, 60 fwy and 10fwy.
Hope this helps.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE lic #01456982
... more
0 votes 2 answers Share Flag
Wed Jun 4, 2014
Linda Garner answered:
Hello,
You pick a great area to search for your next home. Being an East Coast native myself, you will find Pomona, and the surrounding communities with all the charm and historic homes that we are familiar with, you'll feel at home here like I do.
I would be happy to assist you in your home search and will find the home that feels best to you.
You are welcomed to call me at contact me.
I look forward to hear from you,
Linda Garner

cell:909-762-3528
email:linda.garner@carringtonres.com
website:WWW.LINDAAGARNER.com
... more
0 votes 2 answers Share Flag
Thu May 1, 2014
Tina Lam answered:
Prices are 10-25% higher than in 2004? That's a pretty subdued seller's market. I usually see 20-40% higher in NorCal.
0 votes 1 answer Share Flag
Thu Apr 10, 2014
Alex Montelongo Real Estate Group answered:
From a comment made earlier by another agent , it looks like this was a scam. You are inquiring about it being a rental when in fact the listing agent has it listed for sale. Your best defense is to work directly with an agent or broker in the area.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic#01456982
... more
0 votes 3 answers Share Flag
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