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Financing in Brea : Real Estate Advice

  • All88
  • Local Info4
  • Home Buying54
  • Home Selling1
  • Market Conditions0

Activity 4
Thu Jun 25, 2015
Sheryl Arndt answered:
Hello Lenora, you may qualify ONE DAY after a short sale, foreclosure or deed in lieu with 20% down and a minimum 620 fico score. It only takes a few dozen questions to go over your options. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
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0 votes 2 answers Share Flag
Mon Apr 13, 2015
Sheryl Arndt answered:
Hello lylith, no but if you are still in escrow you can ask the seller to reduce the price to fix it or buy it with 203k financing to do the repairs in the loan. You may qualify from a minimum 580 fico score and 3.5% down payment.

It only takes a few dozen questions to go over your options. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
1 vote 3 answers Share Flag
Sun Sep 29, 2013
Ingrid Ski Realtor answered:
Hi Dee

This is something that is really done
Now to do a lease option to buy you as the tenant/buyer would come in with a non refundable deposit of say $10,000 and give to the owner and would be in the contract for a period of say 1-2 years then purchase the home and is at a set price that you both agreed upon.
Why on earth would you want to give a non refundable deposit to buy someone's property? That is my question when someone wants to do this type of buying
This also depends on what type of market we are who this will benefit
If prices would go up it benefits the buyer but why would a owner do that when they can get more money
In a declining market the owner would want to do this but why would the buyer over pay for a home
The owner or the buyer. This is why it is rarely done.

If I can be of any further assistance
Contact me My info is below

Ingrid Ski Realtor
949-874-0432
OCAreaHomes@gmail.com
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0 votes 3 answers Share Flag
Tue Oct 7, 2008
Scot Harakuni answered:
Hi Paula,
My name is Scot Harakuni and I am with First Team Real Estate/Yorba Linda. Thank you for your questions regarding the following properties:

148 Foxglove
Closed escrow on 8/14/08 with a sold price of $849,000
Days on market: 35
Lot size: 9,077 sq/ft (assessor) (0.21 acres)
Home size: 2,987 sq/ft (assessor)
4 bed/ 3 bath, 3 car attached garage
Built in 1978

112 N. Starflower
Closed escrow on 7/15/2008 with a sold price of $745,000
Days on market: 131
Lot size: 9,077 sq/ft (assessor) (0.21 acres)
Home size: 2,987 sq/ft (assessor)
4 bed/ 3 bath, 3 car attached garage
Built in 1979

Both homes have identical footprints. and are located in the Eagle Hills community. I specialize in all of Brea, Yorba Linda, Placentia and Fullerton. If you are interested in other homes currently available in the area or are considering selling yours, please feel free to give me a call or send me an email anytime. I can be reached at 714-732-8567 or 714-646-3262, or email me at sharakuni@yahoo.com. If you would like to search on your own, please visit my website. There you will be able to search the entire MLS and register to receive your free copy of "The New Rules of Real Estate". I look forward to hearing from you soon!
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