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91501 : Real Estate Advice

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  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 4
Mon Nov 28, 2016
Richard Littlefield answered:
They used to have two programs and as a teacher you would have come under one or the other they were call Calstr (State Teachers Retirement) and Pers (Public employees retirement system). After the market meltdown they lost so much money they both seem to have been disbanded.

On the STRs website it recommends considering a CalHFA or one of the related programs.

I can offer those is if you want, my phone number is 714-968-2500
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0 votes 3 answers Share Flag
Fri Sep 23, 2011
Mj Barnett answered:
Which house are you most interested in? or Do you need help in finding one that best suits your needs? Give me a call or send me an email and I would be glad to help answer your questions.
Direct: 818.624.7005
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Tue Jan 25, 2011
Melissa answered:
How long can the bank take to say if you got it or not?
0 votes 11 answers Share Flag
Thu Feb 18, 2010
Tommy Lee answered:
Looks like you are getting some sound advice from the answers below. I would also like to add a couple of other thoughts. First, since it is a forecloure, you will probably want to move pretty quickly. Most foreclosures are put up for sale by the bank and they are usually priced below market. Second, have a CMA (Comparative Market Analysis) done. This will tell you approximately what the home is worth. Finally, be prepared. Most think that they can get a deal on a foreclosure and try to offer way less than advertised price. If your offer is based on comparative sales, you will have a chance of getting the home at a reasonable price. If you try to get a steal by making a very low offer, you will not get the home.

Please let me know if I can help.

Tommy Lee
Dilbeck GMAC
303 N. Glenoaks Blvd. Ste. L-110
Burbank, CA 91502
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