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Home Selling in 90043 : Real Estate Advice

  • All24
  • Local Info1
  • Home Buying12
  • Home Selling3
  • Market Conditions0

Activity 3
Tue Sep 24, 2013
Gail Mercedes Cole answered:
Hi Syahiran,
Check active listings for units. If property is 1-4 units can get residential lending. Anything 5 or more units lender considers commercial and the interest rates will be higher. Consider id area does or does not have rent control. If rent control area know the annual percentage allowable increase. With units always consider the monthly income (rents) generated from property. Any questions please contact me.

Gail Mercedes Cole
EXP Marina del Rey
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Mon Jul 29, 2013
Shirley Smith answered:
a real estate attorney is the only way to go. There are very few situations where rent to own works. Both renter and seller are usually overwhelmed by the details of the process.
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Mon Jul 29, 2013
Shirley Smith answered:
In this market a property can go from active to pending after 1, 2 or 3 days on the market. The renter should contact the listing agent immediately to have an opportunity to make an offer. Time is of the essence. The renter needs to be pre approved. ... more
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