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Altadena : Real Estate Advice

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  • Local Info3
  • Home Buying6
  • Home Selling3
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Activity 37
Tue Sep 13, 2016
Chelsea Robinson answered:
I know this is an old thread - but I thought people might find this useful.

Due to fair housing laws (and liability) all Realtors are going to have the same answer: do your due diligence. Check in with the local police department for crime rates, research internet, etc.

I also wanted to point out that Trulia has a map overlay with a lot of information that people might use while doing said due diligence. For Altadena, you can find it here: http://www.trulia.com/real_estate/Altadena-California/
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Mon Aug 1, 2016
Sutterandpowell asked:
address: 1144 E. Altadena Dr. Altadena Ca
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Tue Jul 19, 2016
Rich Reed answered:
It's possible, but not very practical. If the terms and the location are such that applicants will apply sight unseen then maybe. If you want to list it with a Realtor and have it on the MLS you could withhold the address from the internet and have your Realtor show it to pre-qualified tenants only. ... more
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Mon Jul 11, 2016
Cheri-paul asked:
Mon Apr 25, 2016
Alexander Greer answered:
I would be more than happy to get you pre-approved.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
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Tue Nov 10, 2015
answered:
Actually people who are not expert should probably only buy REO properties, which are all listed on the MLS

If you are not an expert you should not being trying to buy homes off the courthouse steps, nor buying homes in foreclosure that are not listed with an agent. The reason is you get these properties with all the blemishes and no recourse. ... more
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Sat Mar 21, 2015
Ernie Behrle answered:
I am seeing more and more people with the problem of having their homes posted here even though they are not for sale. I would suggest you go through the Help Desk. You can find access by scrolling down and looking for the link at the bottom right of any page on here. Good Luck ... more
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Fri Oct 10, 2014
Von Bonilla answered:
Hello Karen,

You can look for rentals at http://www.trulia.com/for_rent/91001_zip

Von
0 votes 6 answers Share Flag
Fri Oct 10, 2014
Von Bonilla answered:
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Mon Dec 2, 2013
Kevin and Julie McLaughlin answered:
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Thu Nov 7, 2013
The Stephen FitzMaurice Team answered:
Things are changing fast and many are saying 1 year is the max wait time now, but it does depend on your total financial package.
0 votes 10 answers Share Flag
Tue Jul 2, 2013
V Kumar answered:
Each lender has their guidelines on lending their money to buy foreclosed homes.

The two common ways of buying a foreclosed home are through a real estate agent (home that has already been foreclosed) or through a public auction (trustee sale).

There are many factors to consider when buying a foreclosed home compared to a traditional home purchase. REO properties are an affordable housing option, but there are also more things to watch for with this type of home purchase.

If you are house hunting, you may want to consider buying a foreclosed home, also called a real estate owned (REO) property. An REO property is owned by the lender as a result of the previous owner defaulting on the loan. This is also known as a foreclosure property or a bank-owned property.

Negotiating the purchase price of a foreclosed home may take a little longer than a typical real estate transaction because the process may require multiple levels of approval. First, the bank will have to approve the offer. In some cases, an investor may own the property and will have to provide approval as well.

Timing varies by lender.

I wish you all the best and please feel free to reach out to me if you have further questions.

Vinu Kumar
Coldwell Banker Residential Brokerage
Work: 800.846.1619
Mobile: 949.887.2567
Fax: 626.628.1956
Email: emailvinukumar@gmail.com
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Sun Mar 10, 2013
Sharon Verani answered:
The market is now very active- it is a great time to sell your home! This spring the buyers are out in droves and ready to commit while interest rates are still low.
0 votes 11 answers Share Flag
Wed Feb 27, 2013
Nancy Gerber answered:
Hi Quincy,

I live in the area and truly love it. Have you ever spent anytime here?

If you know what you qualify for and have an idea of where you want to be... one of the best way's would be to either make a visit and take a look at properties within your budget and specification, or have someone like myself send you some great properties to preview on line.

Either way knowing what you qualify for is going to be key. I am more than happy to have you speak my mortgage broker that can give you an idea.

Let me know if you have any other questions about getting started on your home search. My direct contact info is nancygerber@yahoo.com or (818 523-5560). I'm a realtor and neighbor to the area with The John Aaroe Group. I hope this helps & wish you the best of luck!!


Warm Regards,
Nancy Gerber
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Wed Oct 24, 2012
Sarkis Aleksanian answered:
No real restrictions on the number of people on the loan. But the loan would have to make sense with multiple people applying for the loan from the perspective of the lender. The primary question will be which applicants will be occupying the property and if the addition of other applicants disqualifies the purchase as an "owner occupied purchase" or not. ... more
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Mon Jul 16, 2012
Dante Underwood answered:
I would value this with the Altadena address and look at what it would be also with the Pasadena address. You have to look at both sides to be able to have a better understanding of what can happen in this market. Also looking at what schools are available to you will help you identify what to expect when you go to sell the property. Homes in the North part of NY have sold for more than the south but it will also depend on what amenities and things your home has to offer and what homes have sold for in the last 6 months when putting your home on the market. ... more
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Thu Oct 27, 2011
Terry Bell answered:
Well, you'd better get going if you're going to sell it this year! But if it's a rental, you might be able to do an 1031 exchange in the future if you want to stay in the rental market. Best, Terry Bell, Realtor, Sonoma County Wine Country ... more
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Thu Oct 27, 2011
Gilda Anderson answered:
Hello Zinnal.

Look at 970 Lehigh, off of Windsor, just south of Woodbury. It is a 1346 sf, 2 bedroom, 1 bath home with a pool on the market for $259,900. This home is bank owned (a foreclosure).

Before you seriously start looking I cannot emphasize enough tht you need to GET PRE-A PPROVED for a loan. Please let me know if.I can help you. Altadena/Pasadena/LaCanada are areas I specialize in.

Gilda Anderson, GRI
Realtor, Notary Public
Podley Properties
gilda.anderson@podley.com
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