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90274 : Real Estate Advice

  • All19
  • Local Info3
  • Home Buying11
  • Home Selling0
  • Market Conditions3

Activity 17
Tue Jan 17, 2017
Bruce asked:
Your website shows a property I manage for the owners as being for lease for $2000/month, when in fact it is advertised (By me) for $5,200/month. The home is NOT advertised by the owners…
0 votes 0 Answers Share Flag
Tue Feb 16, 2016
Jbuildsmb asked:
4208 Via Valmonte Palos Verdes Estates, CA 90274
0 votes 0 Answers Share Flag
Sun Feb 22, 2015
Danielle Nicholl answered:
No (knock on wood). I would think that is the point of title insurance. They were responsible for the due diligence- do you have an owners title policy or just for the lender?
0 votes 2 answers Share Flag
Sun Feb 22, 2015
Dorene Slavitz answered:
I would recommend you pay attention to the advice of a "local professional" rather then a person from out of the area. Los Angles is quite diverse and it's entirely possible for a "Downtown Realtor' to be absolutely clueless about what the market is doing in South Bay , given that fact..it is impossible for a non professional to get the information you are asking for, and particularly Palos Verdes which is a world unto it's self. ... more
0 votes 12 answers Share Flag
Wed Jan 28, 2015
Kyle Daniels answered:
You can't go wrong with Terranea but it delivers luxury at a price. You may also consider the Best Western on PCH in Redondo Beach, or a few other options near the Redondo Beach Pier (About 10 -15 minutes from Palos Verdes). In Redondo you have the Crown Plaza, another Best Western, and the always popular Portofino Hotel right on the water. ... more
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Sat Feb 8, 2014
Kyle Daniels asked:
Besides cap rate, what gross multiplier do your investor clients expect?
0 votes 0 Answers Share Flag
Thu Dec 12, 2013
Cindy Davis answered:
Every buyer has different criteria when shopping for a home.

Walking neighborhoods are very popular here in San Diego and sell at a higher price than those areas where you need a car for everything. ... more
1 vote 2 answers Share Flag
Tue Nov 12, 2013
Kyle Daniels answered:
Now that we're in the final stretch of 2013, it is clear that the market has rebounded strongly. Demand for condos and townhomes, while not as strong for single family homes, is part of this rebound. Prices are nearing the market highs of the mid 2000's but with enough patience, there are still some good buys to be found. ... more
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Mon Aug 5, 2013
answered:
We can certainly help you out. You can check us out at http://www.TheMortgageOutlet.com and give us a call. One of our loan officers will look at your situation and present you with some options. ... more
0 votes 5 answers Share Flag
Fri Jul 26, 2013
Mercedes Seraphim answered:
Thank you for all the answers. Realty Track is not the place I'd look for a home to buy. I looked for foreclosures in rhe Fannie Mae website or the Banks' and I didn't see anything at "half" price. The Banks want market value as well. I will go with a Realtor to list and buy a home of course! ... more
0 votes 8 answers Share Flag
Thu Oct 25, 2012
Dot Chance answered:
I am so sorry for the trouble you are going through. Unfortunately, loan modifications very rarely go through. Were you handling the loan modification yourself, or did you have an experienced professional working on it?

You have received some good answers already below. If you want to save your house, contact a foreclosure attorney and see if they can help. The other option is to short sale your home. You need to have an agent who is experienced with short sales and getting sale dates postponed. An agent with the credentials, CDPE will be very well-versed and well=trained. If I can help, please give me a call.

All my best,
Dot Chance, Realtor®
Certified Distressed Property Expert – CDPE®
DRE License #01494182
Keller Williams Realty World Media Center
www.DotChance.com
818.339.7712

WHEN YOU THINK OF REAL ESTATE...Think DotChance.com! My business thrives from your referrals!
... more
0 votes 4 answers Share Flag
Thu Oct 25, 2012
Craig Yace answered:
It depends on who owns the note and how soon the auction is but in most cases the answer is YES.
I can help you figure things out at no cost to you. I have been helping families avoid foreclosure since 2005. And many of those people have had trustee sales. Don't move out. Contact me today. ... more
0 votes 1 answer Share Flag
Thu Oct 25, 2012
Dennis Hartley answered:
There are several reasons a bank will decline a short sale request.

One reason is they feel that the price agreed upon by the buyer and seller is too low. The bank will do their own appraisal, which may or may not be an accurate estimate of current value, and make their decision based on that. Unfortunately, sometimes sellers and their agents market the property at a price that is too low thinking that the bank will approve any price they submit.

A second reason is that they feel that there is not a hardship on the part of the seller. If the seller has not missed payments and/or shows enough income to make the payments, the bank will not approve the short sale.

A third, less frequent reason is that the bank feels that the sale is not an arms-length transaction and that there is fraud involved in the sale. Also the bank will not allow any of its employees to be a buyer of a property that they hold the loan on.
... more
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Thu Oct 25, 2012
Landy Oakes answered:
I AGREE WITH ALL THE OTHER ANSWERS REGARDING SHORT SALES. IT SO DEPENDS ON WHICH BANK YOU ARE DEALING WITH AND WHAT THE CIRCUMSTANCES OF THE SHORT SALE AND HOW MUCH THE SHORTAGE IS.


ON THE PLUS SIDE, HOME OWNERS ARE NO LONGER RESPONSIBLE FOR STATE OF CA AND FEDERAL TAXES THAT USE TO BE OWED ON THE SHORT SALE AMOUNT.
... more
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Sat Sep 29, 2012
Eden Lim answered:
I have a short sale that was priced right, bank was very eager to close, the buyer paid cash, and we were able close in less than 30 days.
Finding the buyer is the quickest and the easiest part of the transaction. How fast the closing depends on the followings:
- How fast you can, as a seller can provide the Docs neede by the bank.
- How fast the negotiator designated by the bank as acting.
- How easy and fast the buyer will qualify.
... more
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Fri May 18, 2012
Jill Sanders 310-918-1965 answered:
The PV School system will always keep people moving to the Hill. The eduction is superb. Price may change a bit with this economy but nothing compared to the rest of the state or to the likes of Nevada. I sold my personal residence here in PVE 8 years ago and it would sell today for about 10% less. This is not great but quiet different from the 50% loss that is occurring in Northern California. http://www.PVHomeLink.com has a link to the current market reports for the South Bay area.
Cheers, Jill Sanders
310-918-1965
... more
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