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Home Buying in Aliso Viejo : Real Estate Advice

  • All87
  • Local Info5
  • Home Buying31
  • Home Selling6
  • Market Conditions2

Activity 45
Sat Jun 13, 2015
Keith Watts answered:
As I understand it, you want to know, "Can the seller keep my depost even though I NEVER removed contingencies?"

Short answer, no.
Long answer, no.

Call the listing agent's broker and ask him to get involved. If that is not an option then pursue arbitration. No arbitrator is going to award a seller one penny when all contingencies were in place. If you did not sign an arbitration clause in your RPA then you may want a lawyer. You may want one anyway however your agent should be able to facilitate a deposit refund because the seller has absolutely no case.

They can drag their feet for a while just to get under your skin but you can always send an attorney letter and that should loosen them up.

Good luck.
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0 votes 3 answers Share Flag
Thu Mar 5, 2015
Nicole Fedorchek answered:
Are you working with a Realtor? If so, he/she should be able to provide this!

If you are not currently working with a Realtor, please contact me, and I would be happy to assist you!

Nicole Fedorchek, Tarbell Realtors
Gold Circle of Excellence
714-914-5097
realtornicolef@gmail.com
www.nicolefedorchek.com
DRE 01920370
... more
0 votes 3 answers Share Flag
Mon Feb 2, 2015
Scott Godzyk answered:
A full bath has a tub with a shower , a toilet and a sink. if there is no tub and just a stand up surround with a shower, a toilet and sink it is a 3/4 bath,.
0 votes 4 answers Share Flag
Fri Nov 7, 2014
Robert Chomentowski answered:
What were the issues you had with the other lenders? Should be pretty straightforward with your credit score, adequate income, down payment and debt-to-income ratio.
0 votes 25 answers Share Flag
Tue Apr 22, 2014
Lori Hanson answered:
There are a number of homes that are within walking distance of the lake and go out from there. All are pretty much a short drive to the lake where there is public access to the lake for boats. ... more
0 votes 3 answers Share Flag
Sat Mar 1, 2014
Bill Cook answered:
You have a couple of options:

1.) 1 1st and 2nd combo

2.) 1 loan at 90% LTV with lender paid MI included in rate, and some rare ones have none at all

as far as I know right now, this is up to $1Mil and a couple go to $1.1Mil ... more
0 votes 13 answers Share Flag
Fri Jan 31, 2014
Ingrid Ski Realtor answered:
Yes open house Saturday and Sunday is 10-1:00. So the owners can be home for the game
0 votes 6 answers Share Flag
Fri Jan 31, 2014
Kawain Payne answered:
Hello ,

I have closed deals with localized treatment as well as tenting. The tenting has a longer warranty, and is the most common.


Kawain Payne, Realtor
0 votes 7 answers Share Flag
Fri Jan 31, 2014
Kawain Payne answered:
No you can not. The rules on Short Sales are very clear. The transaction has to be an arms length transaction.

The home can not be sold back to previous owner or a family member of the previous owner.

I am sure some people have come up with "CREATIVE" ways to try and get around the rules, BUT I would not advise it.

Kawain Payne, Realtor
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0 votes 14 answers Share Flag
Thu Jan 16, 2014
Larry Webb, Ph.D., MBA answered:
Market is becoming more in line with a "traditional market." However, prices (as well as interest rates) are predicted to make a slight uptick in the very near future.

Dr. Larry Webb, MBA
Broker Associate/Agent – REALTOR®
(714) 222-1465
Century 21 Award - Fine Homes & Estates
South Orange County, California
E-Mail: DrLarryWebb@cox.net
Video Biography: www.DrLarryWebb.com
Website: www.LaderaRanchHomeSales.com
See my professional recommendations on Trulia.com
CalBRE Real Estate Broker’s License: 01413405
... more
0 votes 6 answers Share Flag
Sat Jan 11, 2014
Andy Gillespie answered:
Good conversation today, I look forward to our meeting & showings Monday...


Andy Gillespie
Keller Williams Realty
949/212-1996
www.AndyGillespie.com
0 votes 18 answers Share Flag
Sat Jan 11, 2014
Andy Gillespie answered:
Chris, what did you end up doing?! ...

Andy Gillespie
Keller Williams Realty
949/212-1996
0 votes 17 answers Share Flag
Wed Nov 27, 2013
Melchor Perez answered:
Hello missyfiona,

First and foremost, thank you for posting a question here on trulia. Yes, I can help you find a space for your future restaurant. Please feel free to contact me by phone, email or text. I am here to help you.

Sincerely,

Melchor Perez
BRE# 01842907
714-401-8879
REALTOR®
perezmelchor8@gmail.com
Star Real Estate South County
... more
0 votes 5 answers Share Flag
Wed Nov 27, 2013
Annette Lawrence answered:
Singapore and Denmark were identified as the country with the highest population of citizens who have identifed themselves as being "HAPPY."
-
My friend Tiam Chi Ho is a confirmation of that reality. But he shares another dimension that is equally importanat. That is, he states, "If you are happy where you are, you will be happy where you are going. Each one is responsible for their happiness."
-
Bring your happiness with you and where ever you land, you will be refreshing, cool spring water to all you meet.
-
Welcome to the USA.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
Move to the Front of the Line
(http://FirstLookHomes.com)
... more
0 votes 14 answers Share Flag
Mon Oct 14, 2013
Matt Allsopp answered:
If you had an issue in 2006 you should be able to qualify. You might be pleasantly surprised what a direct lender can offer since we are the decision maker.

We have a new program for those who had foreclosure, short sale or BK over 12 months ago.

Contact me and I'll be happy to discuss.
... more
0 votes 8 answers Share Flag
Thu May 30, 2013
Ingrid Ski Realtor answered:
Hi Nguyen

You should be talking with a real Estste attorney for any legal advise for this transaction. Did your agent give a notice for the sellers to perform for the addendum? Did you want to go that route? In most cases I have worked with those fees would come out of your deposit if you get your deposit back
You could get those fees back if there is another buyer in place and sign an addendum that X amount is for HOA fees and to be taken out of the new buyers deposit. I have done this
Why would they want to cancel when the lender was at fault and not you Just 2-3 days doe closing.? What is going on in this transaction comes to mind and each transaction has its own idiosyncrasies
A per diem could have been suggested for the delay in days and paid to the seller.
Talk to an attorney to see how they can help you in your situation would be the best advise I can give

Ingrid Ski Realtor
949-874-0432
OCAreaHomes@gmail.com
... more
0 votes 6 answers Share Flag
Thu May 23, 2013
Thom Colby answered:
Get an attorney ASAP - and, here's an excerpt from the California Association of Realtors FAQ's regarding Security Deposits and Transfer of Ownership;

VII. TRANSFER OF PROPERTY BY LANDLORD
Q - 32. How does a sale or transfer of the property affect the lease?

A - Landlords can freely transfer their interest in the leased premises so long as a provision in their
lease agreement does not prohibit it (Upton v. Toth, 36 Cal. App. 2d 679 (1940)). If a landlord sells
leased property, the lease remains valid. The purchaser becomes the new landlord and is generally subject to the lease provisions, and the tenant becomes the tenant of the purchaser. All rights and obligations of the original lessor are transferred to the purchaser. (Garetson v. Hester, 57 Cal. App. 2d 39 (1943); see also Smith v. Royal Ins. Co., 93 F. 2d 143 (9th Cir. 1937).)
An exception to this rule provides that an unrecorded lease for more than one year would not be
binding on a subsequent purchaser in good faith (i.e., without notice of the lease) who has recorded a prior interest (e.g., a recorded option to purchase the property that preceded the lease). However, when the tenant is in possession of the premises, the purchaser is put on notice of the tenant's interest and is not considered a purchaser in good faith. (Sheerer v. Cuddy, 24 P. 713 (1890)).

Q-33. What happens to the tenant's security deposit when a landlord sells the property?

A- Upon termination of a landlord's interest in the property, whether by sale, death or foreclosure,
certain procedures must be followed regarding the tenant's security deposit.
The residential landlord can either transfer the deposit minus lawful deductions to the tenant, or else the landlord can transfer the deposit minus lawful deductions to the new owner and notify the tenant of the name and address of the new owner (Cal. Civ. Code § 1950.5(h)).

If the deposit is passed on to the new owner after a voluntary sale by the landlord, the landlord must
also deliver a statement to the new owner accounting for all deductions lawfully taken from the
deposit (Cal. Civ. Code § 1950.5(i)).

The current and former landlords are jointly and severally liable for the payment of the security
deposit if these procedures are not followed (Cal. Civ. Code § 1950.5(j)).
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0 votes 4 answers Share Flag
Fri Apr 26, 2013
Theresa Smith answered:
A condo in Laguna Woods or outside the gate is a better investment but the price will be much higher for the same square footage, so it may not be an option. The buyer has to have in addition to the sales price, cash reserves of $125,000 plus the purchase price. So the home I just closed on Aragon, the buyer had to have $189,000 plus $125,000 in cash and in addition they got a loan for the $189,000. so as a buyer you have to have substantial cash reserves. All the details are here http://www.theresa4homes.com/Link.aspx?lid=5522. ... more
1 vote 6 answers Share Flag
Tue Jan 22, 2013
David Bates answered:
Monique,

This is an REO right now! They pop up every so often and go quickly. The best thing you can do is be ready for one. You need a solid strategy, financing in order, and you have to be ready to move fast. ... more
0 votes 14 answers Share Flag
Thu Nov 29, 2012
James answered:
The problem is the lack of oversight, plain and simple. The rules are old, $25 fine after 3 letters. It would take an army of people to get out and enforce all of the violations. Residents know that in the end, nothing will happen so they do what they want. Furthermore, nobody on the BOD is willing to implement changes to current policy.

The office is closed all day on Tuesday so the PM/Staff can walk the propert but nobody checks to see if they do. That is big problem.

I recently saw a unit that had a tin can used to keep the slider in place, a front gate missing a doorknob and held closed with moving tape. It goes on and on and has for years.

If you divided the complex you could use Santa Vittoria and Ridge Route as dividing lines. I was envisioning one large HOA with 3 sub-HOA'S.
... more
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