I'm not sure what is ''secretly'' and I'd suggest you to talk to a legal professional about it, but you can buy/sell a property as Trust, LLC, etc.
Also you can choose to become Undisclosed Principal*.
Also, you can opt out from being in public records and online searches.
*''In agency law, an undisclosed principal is a person who uses an agent for negotiations with a third party who has no knowledge of the identity of the agent's principal. Often in such situations, the agent pretends to be acting for himself or herself. As a result, the third party does not know to look to the real principal in a dispute.''... more
Your down payment would depend on what year you are in ... as this is Calabasas that means it is the year 2016
The FHA loan program has since expired and as far as I knew u wouldn't have qualified being you already own but the down was 5% never 3.5%, I bought a condo next city over from Calabasas in Woodland Hills ij 2009 and I qualified for the FHA loan (basically all that means is I only had to come up with 5% down vs the 20% which made it possible for me to buy a house at all as property values are so high out here and being a first time buyer I didn't have the money for a standard down payment at 20%. My condo for 989 Sq ft in 2009 cost me 289,000 so I only had to come uno with around $10,000 opposed to $40,000 the FHA loan also required a 2 month escrow as it was after the banks got in trouble for lending money they should not have so they have to dot their I's and cross their T's and verify everything before giving u a loan, you are also required to pay Mortgage Insurance and have your taxes impounded so that they can make sure everything is paid since you are putting down a significantly lesser amount than most and they are 30 year loans.
Your credit or interest rate have nothing to do with the down payment (I mean you have to qualify but that doesn't determine your down payment. So as the standard is 20% and the FHA loan is no longer offered. Its 4how much you can afford. And ignore the prior real estate agents answer because if you are looking to buy in Calabasas a condo/townhome right now will starts at at least7 400,000 if you can find any that low. Houses had come down in price a little after the bubble burst in 2007 ish but have steadily gone back up so while a friend of mine bought a place off of Las Virgenes (North) for 550,000 3 bedroom, 2 bath a amazing price for the area (maybe 1700 sq ft) but houses are generally going to run from the low 750k all the way up to 15 million.
So unless you have at least 80k-100k cash for a down payment don't waste your time as everyone here is illegally reselling and double selling properties, or in some cases renting out your owned property like when u r at work they are home ... u don't want any part of it no matter how great the deal might seem.... more
Usually not, but it depends. For example, most short term leases would offer to cover all utilities for your convenience. You have to ask this question an agent, a manager, or an owner (whoever is in charge of renting the property out).... more
You can buy any house without being here. We can do the whole transaction from start to finish online with digital signatures. We can use skype ( or any application your prefer). If you want to know more about the process, please DM me. I've worked with international buyers and would be happy to assist with all your real estate needs.
Hello jeurysalamanca, you are of legal age but 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. You may qualify with NO FICO Scores and alternative credit with FHA financing.
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program up to 417k. 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 417k.
You will need to be pre-approved if you decide to buy and to be able to meet an agent to view and submit offers on any homes of your choice. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve and you can be emailed listings to fit your search criteria from my mls.
It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
If my response was helpful, consider clicking Thank, Link or Best Answer.... more
You will need to pay property taxes every year and for a house in that price range, it will be anywhere from $40,000 - $50,000 a year.
If you need help when you decide to buy, you can email me firstname.lastname@example.org... more
Trulia must be going by zip code because the zip code there is 91301, which is Agoura Hills. If you check it out on google maps (type in the address), it shows as being in Calabasas. Lots of gated communities in "Calabasas" have some homes as Agoura Hills as their address, whereas the neighbor's address is Agoura Hills.
Kind of weird, but it's the way it is. :)... more
If the assistant is licensed I recommend paying them a percentage of the sales they help procure.
If they are not licensed, paying them an hourly wage should be sufficient. Th amount should be adjusted with their level of experience. The most important thing is to have an understanding from the the very beginning of how they will be compensated. An unhappy assistant can break your business.... more
I am a little confused, how can it state nothing and contain untruths?
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.... more
What you can do is buy a piece of land and put a manufactured home on it. That way you'll own the land and won't have to pay rent for it. Email me at email@example.com and I'll send you lots for sale.... more