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Home Buying in Corona : Real Estate Advice

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  • Local Info36
  • Home Buying215
  • Home Selling16
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Activity 269
Doug Beaver, Real Estate Pro in Norco, CA
Tue Feb 26, 2013
Doug Beaver answered:
I agree, A third party should be handling the money. I'd walk away from this one unless they can agree to a licensed Escrow company to hold onto the funds.
0 votes 9 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Tue Feb 26, 2013
Cameron Novak answered:
Silly girl... It's the buyer, of course!
0 votes 5 answers Share Flag
Heidi Frankl…, Real Estate Pro in Corona, CA
Mon Feb 18, 2013
Heidi Franklin answered:
First of all, your agent should be fighting for you. If the seller does not return your deposit when they should, they can be fined up to $1,000 for not doing so. Usually a buyer has 5 days to approve of any reports after they are received by the buyer. If you did not remove all contingencies, you should be owed your deposit back. Talk to your Attorney, you might be able to file a lien on the home. They might not be able to close escrow until the lien is cleared up. This is not legal advice, just some helpful ideas for you.
Wishing you all the best. I am sorry to hear your story.

Heidi Franklin
Remax Partners
(909) 772-8842
... more
0 votes 9 answers Share Flag
Doug Beaver, Real Estate Pro in Norco, CA
Fri Feb 15, 2013
Doug Beaver answered:
Your post was in Dec 2012, How is it going ?
Let me know if I may assist you any ?
951-258-5095
0 votes 8 answers Share Flag
Hena Martin, Real Estate Pro in Hot Springs, CA
Thu Feb 14, 2013
Hena Martin answered:
Did you ever find a realtor???My cousins return from Egypt ,was making me think fo your question..She says it is beautiful !! call or e mail HENA
0 votes 9 answers Share Flag
Hena Martin, Real Estate Pro in Hot Springs, CA
Thu Feb 14, 2013
Hena Martin answered:
Short sale in my opinion will take long ,usually foreclosed properties are owned by banks they have certain timelines they too go by ,it should not take that long and depends how much of a hurry you are in ,Please call me if you need assistance ,HENA MARTIN (BROKER) 760-251-2868 ... more
0 votes 10 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Thu Feb 14, 2013
Cameron Novak answered:
Mello Roos is just part of the formula of payment and price calculations. You'd do well to consider the total monthly cost after all taxes regardless of where you're looking.

Eastvale is one of the high mello roos areas. If you're looking for low mello roos... a high dollar custom home, or a home that's 15+ years old would suit you best.

Good luck with the search Joe.
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0 votes 16 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Thu Feb 14, 2013
Cameron Novak answered:
You'd do well to read before you sign, but you can request she cancel the agreement. If she's a reputable agent/broker, she won't refuse.

If you do not get out of your agreement before buying another home, you run the risk of a lawsuit for the commission that your current agent will miss out on. Be careful.

Good luck.
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0 votes 8 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Thu Feb 14, 2013
Cameron Novak answered:
You'll want to be searching for homes on a live MLS portal site like the one you'll find at http://www.TheHomefindingCenter.org

You'll also find agents who can help you at The Homefinding Center in Corona (they've been at the same location as long as I can remember - maybe 20 years). They help many buyers such as you each month.

Yes, you should definitely be working with a realtor who specializes (and lives preferrably) in the city where you wish to buy. Anyone telling you differently probably doesn't!

good luck
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0 votes 15 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Thu Feb 14, 2013
Cameron Novak answered:
You'll need to work with an expert in the Sky Ranch neighborhood (you'll be my neighbor if you're successful in purchasing here before prices rise too much). Price increases are with good reason... buyers (home owners and investors) see that the market had bottomed out and everyone is now fighting to get in as the prices are on the rise.

Don't wait long. You can get in touch with an expert who can help you with SR at The Homefinding Center.

Good luck!
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0 votes 20 answers Share Flag
Grace Yocky, Real Estate Pro in CORONA, CA
Thu Feb 7, 2013
Grace Yocky answered:
Hi Lisa, I hope you and your family are doing well. I would like to know if you are available this Friday so we can set up an appointment. I would like to start working on your case as soon as possible. Please let me know today so I can plan it on my schedule. Thank you and have a good rest of the day
Best Regards
Keller Williams
Grace Yocky
Cell# 951-532-5129
Note: for more info. Visit my website at www.gracehomeforyou@kwrealty.com
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0 votes 5 answers Share Flag
Hena Martin, Real Estate Pro in Hot Springs, CA
Tue Jan 22, 2013
Hena Martin answered:
I have never made my buyers/sellers sign any agreement like that ,if the client is not comfortable with your service its not worth being forced.I only have clients who fully trust me ,the relationship is mutual and I have found if you service your clients fully they don't need a document to keep you together.
HENA MARTIN (BROKER) 760-251-2868
... more
0 votes 20 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Tue Jan 22, 2013
Cameron Novak answered:
The simple answer: The seller can only cancel the contract if the buyer is in breach (hasn't fulfilled obligations).

The more complicated answer: If the buyer was prevented from closing escrow due to actions of the seller... you might want to contact a real estate attorney. If you have an expert agent, he/she will be able to make sense to the seller's agent, who will in turn advise the seller to continue the escrow.

Good luck.
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0 votes 14 answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Fri Jan 11, 2013
Cameron Novak answered:
LOL... sounds like you need to get your real estate license. After you get the answer to all those items, you'll know more than 90% of the licensed agents in California. If you speak English fluently...95%.

Unfortunately, the answers to your questions are a bit complicated for a post answer. Maybe if you tell us the purpose of your questions, we might be able to give you an answer that will speak to your concerns.

You'd be best served calling a competent Eastvale / Corona real estate agent and speaking about this at length.

Easy answer... Almost EVERY home listed in Eastvale right now is going pending OVER list price. Things are really heating up and prices are in the midst of a sharp rise.
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0 votes 8 answers Share Flag
Diana Margala, Real Estate Pro in Rancho Cucamonga, CA
Thu Jan 10, 2013
Diana Margala answered:
According to the county records that building was purchased back in Aug of 2003 by the Taylors. As indicated by Dan until it closes escrow any information about the purchase is between the buyer and the seller because things can change until it does close. The terms could change or even the ability of the buyer can change.

Let me know if I can help you with any other information.

Are you looking for a commercial building?


Diana Margala
909-560-0145
... more
0 votes 2 answers Share Flag
Hena Martin, Real Estate Pro in Hot Springs, CA
Fri Nov 16, 2012
Hena Martin answered:
Sounds like you have funds to your access call for detais and verification to get you qualified.
THANKS HENA MARTIN BROKER henamartinoo7@hotmail.com 760-251-2868
0 votes 9 answers Share Flag
Elise Timpe, Real Estate Pro in Corona, CA
Tue Nov 6, 2012
Elise Timpe answered:
Here is a rundown of the buying process:
http://coronasbesthomes.com/Buyers-real-estate-homes-agent.h…

The forms requied are:
Agency Disclosure:Necessary for agent to have you sign this disclosure before proceeding with helping you with any RE contracts
Residential Purchase Agreement: This is the offer detailing your offer price, who pays for what, etc.

If it is a short sale, there will be a short sale addendum.
If it is a bank sale/foreclosure, the documents may vary depending on the bank.

Along with the offer, the agent will most likely need to also submit a copy of your Earnest Money Deposit check, loan pre-approval, bank statements or other statements showing you have the necessary cash to close. Sometimes, your FICO scores will also be necessary.

After getting the offer accepted, including any counter offers made in the process, there will be lots of disclosure, etc during the escrow process.
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0 votes 5 answers Share Flag
Jim Simms, Real Estate Pro in Louisville, KY
Mon Sep 10, 2012
Jim Simms answered:
That's a new one, never had a borrower aks for LAPP, did you try a mom/pop mortgage broker that table funds? But even then I would expect the 800lb ape in the back room to have a DE UW on staff. Or are VA loans so rare in So Cal that no one is up to speed? Good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
... more
0 votes 3 answers Share Flag
Donna Richar…, Real Estate Pro in Corona, CA
Thu Aug 16, 2012
Donna Richards answered:
Hello,

I am the Sycamore Creek Specialist. I have sold over 100 homes in the community.

Sycamore Creek is a planned unit development with Mello Roos. What is Mello Roos? in the 70's California was experiencing a building boom. The state, county and city, could not afford to build the streets, put in the infra-structure, such as water, sewer, roads, etc. So Mr. Mello & Mr. Roos devised a plan where the builders would put up a bond. Once that home was sold, the assessments were passed on to the new home buyer for the cost of that particular community. Mello Roos can differ home by home in the same community, that would be by sq footage, smaller homes paying less. It can also differ, if the community had multiple builders, as some builders might pay off something that another builder did not. This does not happen very often in a Master planned community with different builders. The taxes can be made up of different assessments. Some being paid off earlier than others. For example in Sycamore Creek, the largest, and longest assessment is the water and sewer, which was the most expensive.

Ultimately, the home buyer pays more to live in a nice new community, and enjoy the amenities, such as Sycamore Creek which has 3 pools, gym, common walking areas, sports park, pocket parks, Club House, and now Beautiful Deleo Regional Park, for larger sporting events.

Most folks, love Sycamore Creek, say they would buy again, despite the mello roos. The county taxes are approximately 1.08 it is a percentage based on the home price. the Mello Roos run respectively $3600-$6500 approximately, which is not a percentage, so putting tax percentage on the whole amount can be grossly incorrect, since Mello Roos is not a percentage, but a fixed amount.

While speaking about the extra cost...HOA Sycamore Creek has an HOA which is relatively low, considering it all it has to offer the residents. HOA's differ, as a rule of the thumb, the more residents to share the cost, the lower HOA. that is why, a community without pools are gyms may have the same HOA, but less residents.

Donna Richards Broker-Owner
Better Homes of Southern California
951-858-4059
donna@betterhomessocal.com
BetterHomesSoCal.com
bre# 01479658
... more
0 votes 5 answers Share Flag
Tori Jenkins, Home Buyer in Los Angeles County, CA
Thu Aug 2, 2012
Tori Jenkins answered:
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