Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in 90604 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying6
  • Home Selling2
  • Market Conditions0

Activity 5
Wed Apr 22, 2015
Alex Montelongo Real Estate Group answered:
Sellers are obligated to disclose all known material facts pertaining to the property. It is always in the buyers best interest to have a physical inspection.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-8387 Cell
BRE lic# 01456982
... more
0 votes 3 answers Share Flag
Thu Mar 19, 2015
Sheryl Arndt answered:
Hello Brenda, you may already qualify to buy now but you should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. The rent to own properties usually want atleast 10% down and up plus another 3% additional fee. What are your scores?

The rentals in 90604 zip code start from $965 for 1bd 1ba apartment, $1,375 for 2bd 1ba condo and the single family homes start from $2,100 for 3bd 2ba home in Whittier. The purchase start from 186k for 1bd 1ba condo, 265k for 2bdf 2ba condo and the single family homes start from 349k for 4bd 3ba home in Whittier 90604 zip code which is from $1,750 down payment with a minimum 580 fico score.

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. You may consider 3% down conventional from a minimum 620 fico score.

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.

If you have credit issues, your credit scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary. 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
BRE# 01140252
NMLS# 297251
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7 or

If my response was helpful, consider clicking thumbs up or Best Answer!
... more
0 votes 7 answers Share Flag
Tue Sep 2, 2014
Dan Tabit answered:
Any answer containing certainty is a guess. I've had short sale listings appraised and BPO'd multiple times and still waited weeks for a response. The only certainty with short sales is uncertainty.
I've been doing short sales since 2002 when no one knew what they were. I've negotiated the majority of them myself, but the past couple years found a law firm who does a great job and has more access than I ever got.
It could go quickly, but no guarantees. I wish I could tell you something more helpful.
... more
0 votes 4 answers Share Flag
Wed Jul 11, 2012
Jmairead answered:
I used JMR group to file my joint taxes, as well as my elderly mothers taxes. I used their service to file previous years tax return and decided to use them again. It took multiple phone calls and emails over several months before I received a return call. I went to the office where Maira took my information and said she will call back for our signature when they were ready. I didn't receive a call back and realized that tax day had come and gone. When I finally spoke to her she said that she filed an extension becasue she had a family emergency. I had never signed for an extension. Finally she completed my taxes, I paid my money and waited for 2 months but I never recieved a tax return. I just got off the phone with IRS and my taxes were never filed. ... more
0 votes 6 answers Share Flag
Sat Jan 7, 2012
John Walin answered:
Even a 5.1% is a bargain rate dependent on loan amount and adjusted for risk with your credit score. There usually is a loan premium and often the lender will roll in the PMI insurance to jack up the rate so you can go in with 3.5% down. have a lender you trust and then get a 2nd opinion about the specifics in your market. The good faith estimate of closing expenses, GFE should cover the bases for the basis of the interest rate and risk adjustments and how PMI is being paid, in a lump sum or built into the rate.

If you like my answer, thumbs up and best answer me, thanks
... more
1 vote 11 answers Share Flag
Search Advice