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Home Buying in 91355 : Real Estate Advice

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  • Local Info0
  • Home Buying9
  • Home Selling2
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Activity 9
Fri Oct 2, 2015
Greg answered:
Check online. There are lot of websites.
0 votes 3 answers Share Flag
Fri Apr 24, 2015
Sean Seckar answered:

Is there a question you would like answered?

Sean Seckar
RE/MAX of Santa Clarita
0 votes 1 answer Share Flag
Wed Oct 2, 2013
Jeremy Gray answered:
Hi Jane,
This is something that agents struggle with frequently. The easy answer is the seller is not going to profit from the sale and does not have much incentive to cooperate. However, if you have a property that you really want, you can write an offer subject to interior inspection. Sorry, short sales kinda stink!!
Best of luck!
... more
0 votes 11 answers Share Flag
Wed Oct 2, 2013
Jeremy Gray answered:
Hi Darleen,
The check part does not surprise me, I don't love it, but it doesn't surprise me. Short sale listing agents are doing everything they can to make sure the buyer stays in the game, or at least know if they are cancelling. It is not uncommon for a seller to go all the way through the short sale approval process and find out the buyer purchased another home and is no longer interested. If there is a deposit in escrow, the buyer would have to send a written cancellation to get their deposit back. Then the seller would know that they have to put it back on the market and find another buyer. Generally, when we see this it is a smaller deposit amount, but not always.

I don't really like the line that reads Escrow period will be automatically extended until short sale is approved. This can keep you in this for a long time and sometime situations change.

Best of luck!
... more
0 votes 15 answers Share Flag
Wed Oct 2, 2013
Jeremy Gray answered:
This is a very difficult situation. If the home has gone to foreclosure, the seller has no urgency to sign off on the Cancellation. If it hasn't foreclosed, then you have a better chance. Because, if the seller wan'ts to sell to another buyer, then they will be entering a contract to sell to 2 different buyers. However, I do not know your entire situation and I am not a lawyer. I have to agree with your agent that you will be better off speaking with a Real Estate Attorney. Sorry I couldn't help more. ... more
0 votes 12 answers Share Flag
Mon Sep 16, 2013
Alex Meguerditchian answered:
Hello Sandi!
Yes this is very possible and the seller is allowed to open escrow with a new buyer if the seller has a pending cancellation. There would be a contingency in the escrow that will be states as "subject to the cancelation of the previous escrow." ... more
3 votes 9 answers Share Flag
Sat Sep 7, 2013
Tracey Hampson answered:
Once someone agrees to pay the tax liens it is fairly quick to have them removed from title. The bank will ask the seller first, and then the buyer. If both parties say no, the bank may hold out for a buyer who will at least contribute. The bank is trying to get every penny it can because it's lost so much already.

I have always had the bank pay but you never know with each new transaction.
... more
0 votes 8 answers Share Flag
Mon Sep 10, 2012
Tony Lewis answered:
Paula Pearle,

A successful short sale needs cooperation from the seller and is dependent upon a Realtor that knows and understands the short sale process. No home can sell unless the loan is paid off and the lender must decided whether there is a true hardship that will make selling as a short sale to be allowed.

A contract between the seller and buyer can not occur unless the home owner is allowed out of their loan. This leads to the terms of the original offer being changed.

Your success begins with finding a Realtor that knows the process and can do their best to make sure that all parties to the transaction have the knowledge and education to give the best chance of success.

Tony Lewis
RE/MAX of Valencia
... more
0 votes 14 answers Share Flag
Tue Jun 16, 2009
Annette Lawrence answered:
In a society with extremely paranoid parents, being across the street from an elementary school puts you in the the target zone of ALL such parents.

Plus, you will be the victim of bad parenting.

And your yard will be the depository of discarded snack pacs. And don't you even think of saying a word to these by-products of bad parenting.

Then there's the 15 MPH traffic, the backed up car pool lane, the train of endless yellow school buses.

Then there are those 'special' programs where parents want to see their child on stage.

And if you have no alternative routes out of the community, you WILL be required to function within the time schedules dictated by the school

Other than that, no problem at all.
... more
0 votes 18 answers Share Flag
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