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Home Buying in 90035 : Real Estate Advice

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  • Local Info2
  • Home Buying6
  • Home Selling1
  • Market Conditions0

Activity 5
Fri Dec 9, 2016
Iman asked:
I applied for loan to buy a house. Bank locked the interest rate. My documents are complete and the loan is approved, but since the agent was busy he had to extend the interest lock duration…
0 votes 0 Answers Share Flag
Thu Jan 2, 2014
Kathleen Becker answered:
Hi Otto:

I would say starting at $1550 and going up from there depending upon the amenities in the building and the condition of the unit...was it upgraded? Granite counters and marble floors...stainless steel appliances...washer dryer in the unit? Upgrades like that will give you a higher rent.

Let me know if I may be of assistance. I work that area regularly.

All the best,

Kat
... more
0 votes 4 answers Share Flag
Mon Aug 26, 2013
Gail Mercedes Cole answered:
Shejah,

You have to determine if the home is in default or foreclosure. If the seller is in default (behind in mortgage payments) seller is still owner of the home. It maybe sellers in default sales price maybe higher than if subject is foreclosed by bank. Sellers in default may own more than the current real estate market value. If subject is foreclosed by bank lender owns the property. Lender may determine a sales price based on market value and not what is owed on property.

Gail Mercedes Cole
EXP Realty
310.853.9933
... more
0 votes 9 answers Share Flag
Mon Jun 3, 2013
Brad Korb answered:
Not necessary ,but I would definitely hire a home inspector to check the house,you may want to bring up your concerns to him.Also look at the sellers home disclosure,it may make some reference to their doors & you can always also ask him too ! Good Luck ! ... more
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Sun Jul 13, 2008
Victoria Always Realtor Green answered:
As a certified downpayment assitance specialist I may be able to help also. Call me if you are interested.
0 votes 7 answers Share Flag
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