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Home Buying in Pico Rivera : Real Estate Advice

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  • Local Info0
  • Home Buying4
  • Home Selling2
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Activity 4
Sat Mar 14, 2015
Alex Montelongo Real Estate Group answered:
Nowadays, people do advertise open houses online. In fact it is an effective way of promoting and ensuring a successful Open House. People do their research online looking for Open Houses on the weekends or weekdays for that matter. The MLS is now connected to most of the 3rd party real estate websites and Open Houses are now promoted on them. Typically, Open houses are found on Saturdays and Sundays.

Best of luck,

Ale Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 2 answers Share Flag
Sat Mar 14, 2015
Alex Montelongo Real Estate Group answered:
Fast forward to 2015... Short sales are so few these days the probably add up to only 1% of the inventory. Short sales typically take 3 months to a year depending on the circumstances. There are so many variables that can extend or complicate the short sale process. You would think that by now there would be a protocol that would expedite the process but now we have to consider that the banks have cut down on their staff in the past 2 years and now they have fewer people available to handle these types of transactions.
There are so many properties and homeowners that are now in positive equity positions that I now advise my clients/buyers not to pursue short sales. There are so many standard sales out there to choose from .

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 8 answers Share Flag
Sun Jul 8, 2012
Alex Montelongo Real Estate Group answered:
This question was asked a while ago and since then the market on short sales has dwindled significantly. It depends on the agent handling the transaction. Most agents will counter any and all offer to submit only the best and highest to the bank. It is not a wise move to submit more than one offer to the bank at a time. Negotiating the best and highest offer should be the duty of the agent and not so much the bank. The bank has the final word of course and will usually come back with a demand, addendum or counter of terms that they will accept.

Short sales are such a small part of the inventory these days. I've closed plenty and I am glad that they have diminished for the most part.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
1 vote 6 answers Share Flag
Thu Nov 5, 2009
Raul Amaya answered:
No. the house sold in May for $475,000 call me we have more (562) 965-0120
0 votes 2 answers Share Flag
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