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Home Buying in 92833 : Real Estate Advice

  • All28
  • Local Info1
  • Home Buying13
  • Home Selling6
  • Market Conditions0

Activity 13
Sat Jun 24, 2017
Derek Jones answered:
As long as they sell for more than what they owe they can sell for whatever price they choose.
0 votes 1 answer Share Flag
Wed Jun 24, 2015
Mark Burnes answered:
0 votes 16 answers Share Flag
Tue Feb 24, 2015
Brad Korb answered:
All commissions are negotiable. The commissions reflect marketing that agents do to get the home in front of as many people as possible.
1 vote 4 answers Share Flag
Fri Jan 30, 2015
Well the contractor may fix that if it is thrown in their face. That is what I would try. But yes in California any undisclosed damages can be charged back to the buyer during the first year that you own the home. Call the owner and ask her to contact that contractor who did the repairs. ... more
0 votes 2 answers Share Flag
Thu Oct 9, 2014
Dorene Slavitz answered:
The owner if responsible to "disclose any material defects" that are known to him/her.
0 votes 17 answers Share Flag
Thu Oct 9, 2014
Dorene Slavitz answered:
The Escrow company holds the money. Get a signed release from the owner and take that to the Escrow company for your refund.
0 votes 10 answers Share Flag
Thu Aug 14, 2014
Cindy Davis answered:

You need to speak with a lender. Find a good lender in your community to pre-approve you for a mortgage,

Good luck.
0 votes 1 answer Share Flag
Tue Aug 7, 2012
Kawain Payne answered:
You are partialy correct.

The bank does have the final say in whether or not the short sale can move forward.

The seller however, has the right to select which offer they will submit to the bank. The listing agent should present all offers to the seller. Once the seller selects an offer that offer will be sent to the bank for short ale approval.

Best of Luck to YOu.
Kawain Payne, REaltor
... more
0 votes 21 answers Share Flag
Mon Dec 27, 2010
Thom Colby answered:
It sounds like the Short Sale was not approved by the short sale lender. As a result, you should be able to get all of your money back except for anything the Escrow Company may have spent at your instruction.

Best of luck,

Thom Colby
Broker / Owner & Certified HAFA Specialist
Thom Colby Properties
Newport Beach, CA
Moving Lives Forward (TM)
We NEVER DOUBLE-END Transactions in our Brokerage. IN MY OPINION, there is NO benefit to the Seller or Buyer and, only benefits the Agent. Also, NEVER use your RE Agent / Broker as your Lender or vice versa. Also, be careful when using Real Estate Broker-owned Escrow and Title Companies - they can be loads of trouble. Our recommendation is to use companies that are all independent of each other.
888-391-5245 Direct Cell
DRE# 01398570
... more
0 votes 9 answers Share Flag
Mon Mar 16, 2009
Bob Phillips answered:
That is a legal question that most Realtors are not legally qualified to answer. Your lender probably has a preference and will demand that the escrow at least closes with that preference intact. After the close of escrow, however, there are numerous tactics that co-owners can employ, and many do. A party can be removed, by mutual agreement, or in the most likely case, title is transferred to a trust. I hope that helps. ... more
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Sun Mar 1, 2009
Mission Viejo Real Estate by Valorie Stover answered:
REOs are doing a good job of pricing properties at or below market. They like to go below the market to get several offers and have a bidding war. Don't get caught up in this! Make sure you know the value and when it goes higher than you will pay, walk away. KNow everything you can about the property before hand. Pick an area you like. ... more
0 votes 4 answers Share Flag
Mon Feb 9, 2009
Cristal Drake Fullerton Realtor - North Orange County Real Estate Agent answered:
Hi Shree,
It looks like you may be thinking of purchasing in the Amerige Heights area as this is your second question pertaining to it!

I did take some time and pulled the most recent comparable sales for the development you are looking at. In the last three months, this model has sold anywhere from 415k to 475k. Banks typically price pretty aggressively to sell it quickly.

I have a few more questions as to how you came to your repair costs, what your realtor says (if you are working with one)...etc..

You will get your appraisal once you open escrow. As Pat mentioned before, you would be able to re-negotiate if the appraisal comes in less than the purchase price. In looking at the comps, I think you will be fine. But this, again is something your realtor can help you with.

If you would like to have a converstaion, I would love to help however I can. Thanks! Cristal
... more
0 votes 6 answers Share Flag
Mon Apr 21, 2008
Jacqueline And Ken Moon answered:
It was foreclosed upon and there was a trustee sale on April 9th. We don't have the information on how much it sold for. It won't post to the county records until after the transaction closes. There are some excellent buys right now in that price range. (It appeared that it was approx. $500k). We just found a Buyer a very nice 1700 sq.ft. property home (3 bdrms/2 baths) with a nice size yard in a good Placentia neighborhood for $425,000. It was not a foreclosure or short sale. Let us know if we can help you look for a home. ... more
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