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92879 : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying10
  • Home Selling9
  • Market Conditions1

Activity 24
Thu Aug 3, 2017
Lori Shannon asked:
My client does not like the picture of the house that populated, and wants no picture showing on Zillow and Trulia. Is there a way to do that?
0 votes 0 Answers Share Flag
Fri Dec 2, 2016
Eric Espinoza answered:
Cash or with a loan makes no difference. On $475,000 you would between $8,500 and $10,000 depending on the escrow and title companies and the month that you close.
0 votes 14 answers Share Flag
Thu Dec 1, 2016
asgj1978 answered:
Thu Dec 1, 2016
asgj1978 answered:
Inspection costs and closing costs are 2 separate fees--and should be laid out in the contract, as should the 'inspection period'--if they are not contact your agent!!
0 votes 1 answer Share Flag
Thu Dec 1, 2016
asgj1978 answered:
You are asking multiple questions that seem to show you need to be asking your agent or lawyer what you have really gotten into...most of the questions are not a 'one-size-fits-all' type question and only someone that knows all of your facts can answer fully. Good luck ... more
0 votes 1 answer Share Flag
Mon Nov 28, 2016
Well if you can borrow money at 4% which after taxes only costs you 2% then if you would have invested the money at 1% you will save $4750 a year.

But... if you would invest that money in a stock fund that grew at 7% a year, then paying cash for the mortgage would cost you $23,000 a year.

On the other hand if your income is low enough that you have very little taxes to pay it would save you $9500 a year.

So it depends on a number of factors. If you did not know there are something called an Indexed annuity that never goes down in value, it is tied to the stock market and passes to your heirs with no estate tax. It is liquid, safe and tax deferred. It is

What I am saying how much you save, will be different than anyone else based on your situation, Give me a call and we can review your situation. No charge , no obligation. 714-968-2500

By the way I am a mortgage broker, I do not sell annuities.
... more
0 votes 1 answer Share Flag
Mon Nov 28, 2016
Susie Kay answered:
Typically sellers prefer cash buyers as there's no worry about the buyers not being able to obtain a loan. However, accepting an offer from a buyer goes beyond cash buyer or not cash buyer. Your would need to understand the term of the contracts etc. I would suggest that you discuss this with your realtor.

Susie Kay
Ultima Real Estate Dallas
... more
0 votes 1 answer Share Flag
Sun Nov 27, 2016
Karen Anders asked:
I would like a conventional loan for 30 years good credit house sales for 209,000. down of 110,000. Can I get financing W/ low int. rate in corona ca
0 votes 0 Answers Share Flag
Wed Nov 2, 2016
Susie Kay answered:
0 votes 2 answers Share Flag
Wed Oct 12, 2016
Susie Kay answered:
Wed Mar 25, 2015
Hello Amish, you may qualify ONE DAY after a short sale, foreclosure or deed in lieu with 20% down and minimum 620 fico score. You may qualify FHA ONE YEAR after a short sale, foreclosure or deed in lieu if you had a loss of job/income.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores and how much you want to invest into the down payment and closing costs. If you have credit issues, your credit scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or even as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI).

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. 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
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7 or

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 15 answers Share Flag
Wed Mar 25, 2015
Edward Mazmanian answered:
How are you going to payback the loan with no income? Or do you have other assets? That's what the lender would ask.
0 votes 9 answers Share Flag
Fri Apr 11, 2014
J Mario Preza answered:
Hello fellow agent. Your situation is not that unfamiliar to me here in California. When the market was weighted towards foreclosures, short sales, and the likes, many of the properties wound up in the hands of agencies that followed marching order. Some banks insisted on having specific escrow companies; others required certain procedures, etc.; and others, as in your case, asked to be pre-qualified (and not necessarily use) by a certain lender. The legalities of these practices have always been a sore spot, but remember, we're not lawyers, and the law isn't our area of expertise. Thus, he who controls the inventory can dictate terms, and if you, your client wants to play in their field, in spite of the apparent "unfairness" of this practice, you'll have little choice (other than to sell another house without such conditions). ... more
0 votes 35 answers Share Flag
Fri Apr 11, 2014
Edward Mazmanian answered:
It' may marginally affect your interest rate (depending on your loan) just because it's zoned as a Condo. You have to sign a condo rider when doing docs. Sometimes that catches buyers by surprise but if you like the home...don't let it scare you. I know the home it's a nice floor plan. :) ... more
0 votes 6 answers Share Flag
Fri Mar 21, 2014
Mike Carman answered:
Please text me the address you are interested in and I can tell you the expiration date.

Mike Carman
Realty One Group
0 votes 4 answers Share Flag
Sat May 26, 2012
Cindy Davis answered:
The good news about this is that your home value most likely went up!!
0 votes 6 answers Share Flag
Thu Sep 9, 2010
Jerry R. Ray answered:
If your credit is tarnished and the terms are equitable from the seller, run with it.

Make sure you have an attorney look through your seller carry contract with your best interest in mind. ... more
0 votes 2 answers Share Flag
Sun May 23, 2010
Dianne Hicks answered:

I wrote a couple of blogs on property taxes that may help you. This is for Riverside County. There is more to be concerned with that just the percentage of the taxes. Hope this helps!

Kindest Regards
... more
0 votes 4 answers Share Flag
Sat Apr 10, 2010
David Hood answered:
"Prospect of committing hundreds of thousands of dollars to enter a manipulated market is not something I'm interest in"

I can understand this statement in general but all markets are in someway manipulated by government or the federal, market are free but are regulated. I do however understand your point not knowing what the outside forces will be doing next week is a scary factor. ... more
0 votes 4 answers Share Flag
Mon Feb 22, 2010
Jory Blake answered:
Hi there, my guess is that they will continue go down as low as 3.5% over the next few years as feds attempt to manage the crisis.

Jory Blake
0 votes 20 answers Share Flag
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