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92604 : Real Estate Advice

  • All23
  • Local Info2
  • Home Buying11
  • Home Selling2
  • Market Conditions0

Activity 18
Wed May 10, 2017
Nicole Fedorchek answered:
Hello, I did a quick search, and there are a few around Irvine that suits what you are looking for, but not in those neighborhoods. Please reach out to me, and I would be happy to email you listings as they come up!
Nicole
... more
0 votes 1 answer Share Flag
Thu Feb 9, 2017
Ppronesti answered:
Seller can keep the $.
Because the buyer has a change in family plans has no baring on a contract. Unless it was addressed in the purchase and sale that they could back out for any reason at any time. ... more
0 votes 2 answers Share Flag
Sat Nov 2, 2013
RelocationPro answered:
I only work with clients that I have fully screened including a face-to-face meeting discussing how I work and presentation of an exclusive right contract. This typically screens out anyone wasting time or wanting concessions. ... more
0 votes 28 answers Share Flag
Fri Oct 4, 2013
Bill Eckler answered:
People working with multiple agents is a very common event and probably best justified when the buyer is covering a broad area that may not include locations that an agent is familiar with.

However, when buyers are playing games and don't have the integrity to be up front and share this information with an explanation.....well, they simply lose my attention. If your time is too valuable to serve as a back up agent a parting of the ways may be in order.

Next!

Bill
... more
0 votes 27 answers Share Flag
Wed Sep 4, 2013
Paul Youssef answered:
Seller financing is my specialty. There are a few ways to protect yourself from a loss of value and investment, #1 being having an option to renew if value isnt there in 5 yrs. You can have a 3rd party appraisal done at time of balloon to determine value. Keep in mind, if the seller is carrying the loan to defer capital gains, they probably dont want to get paid off any time soon.

Paul
www.Seller-Financedhomes.com
... more
0 votes 9 answers Share Flag
Wed May 22, 2013
Sheila Tucker answered:
I am also a greentree resident - Please contact me at your earliest convience and I will give you access to all available.
0 votes 3 answers Share Flag
Sun Feb 3, 2013
Jamie Tian answered:
Hello Benjamin,

A couple of areas similar to Irvine include Lake Forest, Aliso Viejo, Missino Viejo, Tustin, and Anaheim Hills.

I would be happy to compile a list of single family homes in gated communities that fit your needs.

Please feel free to contact me anytime with questions or let me know of your specific home requirements so I can help you start your search!

Best Regards,

Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
DRE #01920120
... more
0 votes 11 answers Share Flag
Sat Jan 26, 2013
MJ Omidbakhsh answered:
No matter how much money you put into a house, when you want to sell your property, you can not be too off from the comparisons in your market area! Then of course this depends on the market at the time of sale. If it is like today's market, you may be able to get more than a market value for your house. ... more
0 votes 10 answers Share Flag
Wed Jan 9, 2013
Kawain Payne answered:
If this property is in Irvine California, you had better check with the city code enforcment department before you do anythin!!!

One of the things that makes Irvine hold such high property values, and be so desirable is how well planned and managed the city is.

Irvine has some VERY strict building codes, you do not want to violate them.

Much Success to you.

Kawain Payne, REaltor
... more
0 votes 3 answers Share Flag
Wed Oct 17, 2012
Emily Erekuff answered:
Thanks for bringing this to our attention Areal. As Sharon stated below, the price has been adjusted on Trulia.

http://www.trulia.com/property/3096675304-8-Harborcrest-Irvine-CA-92604

If you are the listing agent, keep in mind that you can edit the price for your listing directly on Trulia and it should update within 15 minutes.

Let us know if you have any other questions or if you need additional assistance.

Best Wishes,

Emily
... more
0 votes 5 answers Share Flag
Tue Aug 21, 2012
budfox5 answered:
The racket here is the HOA Management company. By most laws, HOA's can only charge reasonable costs (cost of printing). The management company's however have discovered that this is a LUCRATIVE side business. In fact, in my recent trnsaction, the HOA managment company would provide these FREE to the homeowner. But if a title company requests the docs, they charge $50-$100. How is this fair when the title company charges it back to the homeowner? On top of that they charged a ridiculous transfer fee of $200 per association. All that was invloved was changing names in their computer. I requested they provide me documentation of their costs and they have ignored me. Sweeping legislation is moving around the country to halt these excessive fees. I plan on taking my HOA management company to small claims court. It becomes a private transfer fee because the management company doesn't pass along the proceeds to the HOA, they pocket it. Under our state law, they can only charge costs, not profit from it. It is a sneaky little business they operate and buyers/sellers beware. I would appreciate if RE professionals don't take it so lightly. It is excessive and they hold sellers hostage at closing. If this was coming out of your pockets (commissions) you would have a different attitude. ... more
0 votes 12 answers Share Flag
Sun Aug 12, 2012
Keith Jones answered:
We are not attorneys but, generally speaking, the loss of your deposit is the out lined penalty for non performance.
0 votes 7 answers Share Flag
Wed Dec 28, 2011
Patrick Pham answered:
Dear Fin,

Unless you own several properties, I would strongly suggest you complete your refinance before renting it out to avoid a hit on your interest rate for occupancy. Normally rates for investment properties are much higher than if you were to refinance your home as owner occupied!

Let me know if I may further assist you on your refinance!

Thank you,

Patrick Pham
714-376-9004
p2financial@gmail.com
DRE#01853956
... more
0 votes 5 answers Share Flag
Thu Aug 18, 2011
Karen Parsons Fiddler answered:
Hi Ioana,

The answers below are very complete...but I'm sad that your agent hasn't helped you with this. Shoot...you should have these questions answered by them.

Karen
0 votes 10 answers Share Flag
Wed Aug 17, 2011
Roy Barker Jr, P.A. answered:
Loana,

out of curioustiy, what ever happened to this deal? I hate to hear about things like this.. GFE's are only estimates; however they are also supposed to be very close to accurate...anyway, just curious.... ... more
0 votes 23 answers Share Flag
Wed Apr 27, 2011
Constance Saunders answered:
The only amount you would owe would be what was clearly in writing (see "Statute of Frauds"). If it isn't written it isn't true. The best thing you can do for your agent, to exchange, is to use him on the next house and next time to get your down-payment lined up. California Housing Finance Agency (CAL HFA) has a huge block of funds sent to it by the US Government a few months back to help home buyers (like yourselves) with down-payment assistance. This money could rather easily be yours for the taking, in that not that many people are taking advantage of it. I would give them a call and at least see if some of this could be yours. ... more
0 votes 12 answers Share Flag
Thu Apr 14, 2011
Karen Parsons Fiddler answered:
Hi Marc,

If you are working with an agent, they should have that information for you when you go look at properties. There is a base rate of 1% in Orange County and then there are other assessments and bonds added to that....I normally tell my clients to figure 1.1% of the purchase price and they will over estimate a bit.

Some homes will then add Mello-Roos tax as well....most of Irvine does not (the newer homes/townhouses do), the older sections of Lake Forest does not either....althought Portolla Hills and Foothill Ranch will. and Aliso Viejo has it throughout.

Mello Roos is a flat amount so you will pay the same dollar amount as the previous owner. It is shown on the tax bill so your agent can easily get this information for you.

You also need to consider the association dues in cost of ownership...some of the newer areas have much higher association dues and unlike property taxes, these are not tax deductable....so remember this in evaluating the overall cost of ownership also.

Karen
... more
0 votes 17 answers Share Flag
Fri Jan 15, 2010
James Gordon ABR SFR SRS answered:
Helpme the Federal Government has determined that 6% is a just rate of compensation for closing a short sale. They offer that on Fannie Mae and Freddie Mac loans. It is up to other lenders what they will pay in compensation for bringing a closed sale some pay less. ... more
0 votes 12 answers Share Flag
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