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Home Buying in 90505 : Real Estate Advice

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  • Local Info0
  • Home Buying9
  • Home Selling1
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Activity 9
Wed Oct 8, 2014
Randy Stoker answered:
I bet the real estate market bottomed out shortly after you posted this question and you thought the values would decline another 12 to 24 months. No one knows the future or can predict which way values will move, up or down. I advise my clients to purchase what makes sense to them and plan on staying in their house at least 7 years. Buying a house for family use should not be considered an investment but a safe haven to live and enjoy life. ... more
0 votes 14 answers Share Flag
Sat Jun 28, 2014
Alex Montelongo Real Estate Group answered:
The seller should have disclosed that information to you. They either tried to hide that fact or they did not know that they had to disclose that. Its hard to day. There is not enough information here to go on. Was there a listing agent and a selling agent involved? Was this a for sale by owner? A CLUE report would have been helpful. This report would have all insurance claims tied to the property.
This is one reason why people should work with an Agent or Broker. There are some people who try to save money but the risk is to high and may end up costing more than you expect.
I suggest consulting a Real Estate Attorney and see what your rights are.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE LIc #01456982
... more
0 votes 8 answers Share Flag
Sun Apr 20, 2014
Dorene Slavitz answered:
I always go the the Bar association recommendations if I don't have a personal referral.
0 votes 7 answers Share Flag
Thu Apr 10, 2014
Dorene Slavitz answered:
An owner should "disclose" everything that is "known" about the property. They are not required to disclose things they do not know. The burden of proving that he knew, without a doubt, is the problem , and I feel it's really not worth the frustration because you have recouse.

The reason for a "Home Inspection" and why we Realtors insist upon them, is so that these issues are uncovered (for sure) for the buyer, and there are no surprises. If you do not like the condition of the home after your inspection you can always ask for work to be done to correct the problems (repair pipes and eliminate pests) or you are free to cancel, based upon the inspection.
... more
1 vote 3 answers Share Flag
Tue Jun 4, 2013
Dorene Slavitz answered:
Oh Dear,
Many people borrow money from Parents or other family members for the down payment. You can arrange to make payments to be sure you pay the family member back.
1 vote 4 answers Share Flag
Thu Dec 20, 2012
Cory La Scala answered:
Sat Apr 9, 2011
Dorene Slavitz answered:
Dear Brian,
No, not necessarily. I have seen very short (20 day) escrows. With mobile homes they are often fast because they are less expensive then other types of property. You are free to negotiate the length of time in escrow. ... more
0 votes 8 answers Share Flag
Wed Dec 29, 2010
Cheryl Garner answered:
If you pay off your home, you no longer have a interest deduction at the end of the year. Speak with you CPA and weigh the situation regarding the best step to take.

In California, property taxes go up every year no matter if you own your home free and clear or not. Prroperty taxes are one of the largest revenues for this state so don't count on any reduction.

If you have any questions, please call me at (661) 255-3335.

Cheryl Garner, Mortgage Expert
Fairview Mortgage Capital, Inc.
Email: cheryl@cherylgarner.com
... more
0 votes 16 answers Share Flag
Wed Jul 15, 2009
Mike Bjork answered:
I'm actually with a direct Lender, which we're hiring Loan Officers now. I think they have PT openings too. You may want to call our office at (310) 373-0055 and ask for the Office Manager (Armik). Good luck! ... more
0 votes 2 answers Share Flag
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