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Home Buying in Big Bear Lake : Real Estate Advice

  • All101
  • Local Info4
  • Home Buying29
  • Home Selling3
  • Market Conditions4

Activity 24
Mon Apr 3, 2017
Dar.sherwin answered:
As well as taking over the payments, we agreed to pay the seller's past property taxes, late payments and late fees to make the note current. All of this was to be included in the purchase price and whatever was leftover went to the seller, about 39,000. However, the escrow company failed to keep enough to cover the last 2 missed payments ($5500). ... more
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Tue Sep 22, 2015
Norm939 answered:
As long as you maintain your part of the home as yours, renting the other unit should NOT be a problem. I am interested. Where are you and how much? What about utilities?

Norm
0 votes 3 answers Share Flag
Wed May 6, 2015
Patrick answered:
Hey Sara and World Traveler, I need to be honest here, my primary residence is in California, me and my brother bought a property in Texas and our plan was to use as second home because my company has a branch there and we thought it would be better if we go there and stay at house. I just closed my loan yesterday and meanwhile it was decided that with change in job responsibilities I will not be visiting that site often.

What would you suggest ? Should I change it to investment property ? I am sure lender will think I really did fraud but it was not true. How do I deal with situation do they really monitor once the loan closes ?
... more
0 votes 20 answers Share Flag
Sun Nov 9, 2014
Sell Big Bear Real Estate Team answered:
Hi Steve, For more analysis of the statistics, check out http://www.bigbearteam.com/big-bear-real-estate-blog/
0 votes 1 answer Share Flag
Wed Oct 8, 2014
Sell Big Bear Real Estate Team answered:
Hi Jerry,

It really depends on your home; but in my experience, adding log siding in Big Bear can actually have an ROI of greater than 100%, if you are planning on selling. The vast majority of our buyers up here are looking for log-style homes; but because full-log construction is much more expensive, most of them settle for something a little more conventional. Because of this, we have had clients in the last couple of years (and we've done it ourselves); add log siding to homes and increase the value well beyond what it actually cost to add the siding. If you'd like us to drive by your house and give you an estimate of value with and without siding, please give us a call at 909-521-0330 or visit our web-site below and fill out a contact form: http://www.bigbearteam.com. ... more
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Fri Oct 3, 2014
Sell Big Bear Real Estate Team answered:
Being a resort town, most of us are open on the weekend: 909-521-0330, Big Bear Team Realty
0 votes 2 answers Share Flag
Sun Jun 15, 2014
Tina Schmitt answered:
Yes,
I apologize for poor representation of a buyer who isn't spending a fortune.
I handle everyone who needs an agent with the same respect and care.
Please call me.

Tina Schmitt

RE/MAX Big Bear
PO Box 2814
Big Bear Lake, CA 92315
Office: (909) 866-6161
... more
0 votes 3 answers Share Flag
Fri Jan 24, 2014
answered:
On what?

Alex Greer Loan Officer NMLS #1056079 http://www.TheMortgageOutlet.com 408-352-5147 AGreer@TheMortgageOutlet.com
0 votes 2 answers Share Flag
Thu Sep 5, 2013
Candy Hallstead answered:
In my opinion, it's not so much East or West, but North or South. Fawnskin is the "quiet" side of the lake, so if you are looking for peace and quiet, that's where I'd go. But when it comes to East or West, it just depends on what you are looking for. You definitely get more house for your money on the East side, as you aren't paying for the "location" of being close to the Lake or the Ski Slopes. However, if it's a good weekend rental nvestment you are looking for, by all means the West end is the place to put your money. So North, South, East or West; Big Bear has something for everyone. You need to decide what is most important to you and your real estate goal. Whatever you decide, I'd be happy to help you with your search.

Happy Hunting!
... more
0 votes 7 answers Share Flag
Tue May 14, 2013
Tony Card answered:
Hello Michael,

My name is Tony Card and I've been selling Real Estate in Big Bear for just over ten years. I would be more than happy to help with your search in 92315. I have no issue with paying a referral fee as this is the standard

Thanks
Tony Card
tony@tonycard.com
909-436-8043
... more
0 votes 7 answers Share Flag
Thu Apr 25, 2013
Robert Chomentowski answered:
There can be issues, but it's not as hard to manage a rental property from a distance as some people think. I have managed rentals over a thousand miles away from where I live for almost 10 years. The key is you need to have a place with a strong rental demand and you need a good trusted property manager that can manage the rental. I have managed properties myself, but most would use a property manager. ... more
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Thu Apr 25, 2013
Tina Schmitt answered:
Good answers but time frames are all individual depending on circumstances with the note holder and status of the foreclosure. I'm sorry for the owner's situation and hope it is resolved for you soon.
If you are the buyer, put yourself with an agent who can notify you immediately upon the listing hitting the MLS with an automatic notification for that particular property
Tina Schmitt, (909) 866-6161 RE/MAX Big Bear
... more
0 votes 4 answers Share Flag
Thu Apr 25, 2013
Tina Schmitt answered:
Short sale status, to a bank, doesn't mean you are simply trying to sell via short sale and the property is currently on the market.
Your agent should know how to get those offers coming in, within days of listing, to help you stay out of foreclosure.
Tina Schmnitt
RE/MAX Big Bear
(909) 866-6161
... more
0 votes 3 answers Share Flag
Thu Apr 25, 2013
Tina Schmitt answered:
Only use a local agent with expertise in the specific area you are looking to buy in.
There are a variety of reasons a lender will turn down a property for a loan regardless of how qualified the borrower is or how much money they have to put down.
It seems as though you aren't getting the necessary questions answered to help you understand this specific properties’ complications for a lender.
Let me know how I can help you.
over 20 years of experience in Big Bear Real Estate RE/MAX Big Bear
(909) 866 6161 Ask for Tina..
... more
0 votes 3 answers Share Flag
Thu Apr 25, 2013
Tina Schmitt answered:
That will depend your purpose for the home.
If this is for you only and not for rental income, then come up and I can show you what we have available "everywhere" on the water.
If you want to rent it out then south shore is your choice.
We currently have 21 homes catagorized as lake front homes in our local MLS.
There are pros and cons to the different areas and they are all tied up with your preferences.
With over 20 years od experience in Big Bear Lake servicing buyer and sellers, I will be happy to answer any of your questions in depth.
(909) 866-6161 Ask for Tina Schmitt
... more
0 votes 4 answers Share Flag
Thu Apr 25, 2013
Tina Schmitt answered:
Good afternoon Yeprem,

Your question about rentals in Big Bear woud be addressed in a number of ways.
Vacation rental properties short term, Vacation rentals longer term adn permanent rentals either monthyly or by lease.
The very best advice I can give you is to work with a local agent. One that is a Certified Big Bear Resort Property Specialist would be a better choice.
Vacation rentals are most popular near the action but if you can add a preferred view it will enhance your chances of renting it more often.
There are a number of other factors to attrating renters such as an available pool table and or spa in the home. thowe are big draws for vacationers. You can add those or buy with them already in the home. Having a rental history is also a nice plus as it already has a following so you are set up for repeat business at close of escrow.
Your price range will determine where you can buy as well. The more expensive homes in regards to price per square foot, are generally in the Big Bear Lake area and it gets less expensive as you go East, away from the Dam.
But the further east you go the less desirable to those weekend vacation renter.
Permanent renters usually aren't quite as picky about location. Longer term vacation renters are also somewhat more flexible.
If you still need assistance with your questions or with an agent's expertise, please feel free to contact me througj RE/MAX Big Bear. I have over 20 years as an agent in the Big Bear Valley. (909) 866-6161.
... more
0 votes 6 answers Share Flag
Sun Jun 24, 2012
Sydney answered:
Big Bear Lake is in San Bernadino County. How to "get them out," as you put it, depends upon if they have a lease. If they do, then the buyer has 2 options; if you will be full time occupants of the house then you must give them 60 days notice to vacate. If you are buying as an investment property then you must let them live out their lease.

If there is no lease, then it is upon the seller to give them notice - I believe minimum is 30 days unless it would create hardship for the family (moving is expensive!).

At any rate - please keep in mind that the tenants are people, too. They have been the ones paying the mortgage for the previous owner (the legal term is "paying rent"). You should respect that and work with them.
... more
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Thu May 24, 2012
Mww answered:
big bear would have a better rental potential most likely as it is more of a year round resort. I appraise in both areas and list and sell real estate in lake arrowhead.
mw
0 votes 3 answers Share Flag
Fri Jul 29, 2011
John Arendsen answered:
If this is a Manufactured Home Development you need to contact us at the link below.
0 votes 4 answers Share Flag
Thu Jul 29, 2010
Bigbear Dude answered:
Alberto Santos is a licensed contractor. He built my 2 additions about 8 months ago. HIGHLY recommend him
GIve him a call 818 297 9473. I used to his business card but It is somewhere lost in the boxes.

Be well and good luck
... more
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