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Home Buying in 91791 : Real Estate Advice

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  • Local Info4
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 4
Mon Apr 20, 2015
Nora Moore answered:
You should definitely take the age of the furnace and roof into consideration. All of the components of the house should be thought over when it comes to the value and cost of a home. It would probably be a good idea to have someone inspect those things before you make a final decision on your price negotiations. It's always best to play it safe when it comes to buying and selling homes like that. http://www.normsmobile.ca/furnaces.html ... more
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Mon Dec 1, 2014
Elva Wormley answered:
Hi Jackie,

Since California is a community property state, If you're getting an FHA loan or a VA loan they have to run your dad's credit report. If you're getting a conventional loan, they do not have to run his credit, however the lien will come up when the title company runs their search. It would be a good idea for your dad to make payment arrangements now.

Best regards

Elva A. Wormley
Mortgage Consultant
Office (408) 615-8500
C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
NMLS #331981 / CA BRE #01274093
... more
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Thu Jan 10, 2013
Simon Campbell answered:
Here are a couple of answers to common questions about what happens at a foreclosure auction:

When do you have to pay?
In most cases, the bank will require a substantial deposit or even the full amount of the property at the time of winning the bid on the courthouse steps. This can make it prohibitive for many buyers who might need to get a loan in order to purchase a property.

In many states, the entire price of the home must be paid within 24 hours of winning the bid on the courthouse steps.

Where will the auction take place?
it really depends upon the type of auction as to where the bidding takes place. Some bidding is on the courthouse steps while other bidding is done at auction houses. HUD homes are only done online.

Read more: What is a Foreclosure Auction? at http://www.bankforeclosuressale.com/foreclosure-auctions.php

Simon Campbell - http://www.bankforeclosuressale.com
... more
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Thu Nov 6, 2008
Jonathan Chi answered:
Hi Steven,

We checked the title records and thinks that due to there are multiple leans to the property. The second lean holder might have acquired the property for $55,000 and planned to sell the property to the first lean holder or to the general market to recoup the loss.

You asked a very good question that a lot of our clients ask us. We will keep an eye on this property and see if there are any activities for this property in the near future.

Please feel free to let us know if you have any questions or comments.

Jonathan C. Chi
Prudential California Realty
Realtor®
10750 Civic Center Drive
Rancho Cucamonga, CA 91730
Office: 909-980-3100
Direct: 909-292-0788
Cell: 626-606-5716
Fax: 909-472-2081
Email: J.Chi@JonathanChi.com
Website: http://www.JonathanChi.com
... more
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