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La Palma : Real Estate Advice

  • All15
  • Local Info2
  • Home Buying5
  • Home Selling0
  • Market Conditions0

Activity 11
Wed Mar 4, 2015
Kristin Halton answered:
Hi Fevisla,

Great question! Make sure you shop around to find the right agent for you. The right agent can help you make wise decisions regarding home buying, offers, etc., and can help take the stress out of home buying. If you would like to see a property, or if you have any questions, please feel free to give me a call. I am always happy to help!

Kristin Halton
The Halton Group- Teles Properties
949-433-0202
... more
1 vote 4 answers Share Flag
Thu Jul 3, 2014
purefct answered:
About 12 years ago I owned three rental houses in Columbus Ohio. One tenant asked if they could enter into a 5 year purchase contract with me. I believe in Ohio it was called a Land Contract. We agreed on the rent, additional payment options towards the equity, and an increasing vesting in the appreciation of the property based on his rent payments. We also agreed on a base purchase price with an option for me to increase the price depending on changes in real estate values (if they rose higher than anticipated).

He did this because his credit wasn't good enough to qualify for a loan and he didn't have money for a down payment. I benefitted because I still received rent and some equity appreciation while he was able to build equity in order to qualify for his loan. In the end I think he completed buying the home in 3 years rather than 5. There was a condition that if he couldn't purchase outright by the end of 5 years, he would receive his Payments towards equity back but would not receive any equity Vesting from appreciation.

I don't know if many people would do this but I liked the guy and wanted to help out and since the house was in a lower income area I feel I sold the house to him for a better price than if I sold to a traditional buyer.
... more
0 votes 5 answers Share Flag
Thu Jul 3, 2014
Alex Montelongo Real Estate Group answered:
It just varies. There is no time of year where there are more rentals or less rentals. There are rentals coming on the market every day so you will have to keep your eyes and ears open. Your best bet against scammers is working with a Realtor. There are a ton of false listings and garbage that can be found online.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 1 answer Share Flag
Thu Jul 3, 2014
Alex Montelongo Real Estate Group answered:
This posting is old, but if you ever find yourself needing or wanting real estate information regarding or sales... please reach out to me. Feel free to take a look at my profile here on Trulia. This will give you a feel for the level of service that I provide.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #014569852
... more
0 votes 3 answers Share Flag
Tue Jul 1, 2014
Alex Montelongo Real Estate Group answered:
You should be able to buy in 2 years if you can prove that you are stable and have been paying your bills on time again. Do you know what your credit score is? You will need to speak with a lender. I don't know how many times I have heard the story of the renter wanting to buy from their landlord. The best thing that you can do is get your ducks in a row and simply ask the owner if he would consider selling. This may not be the first time someone has asked him or her. But you'll never know until you do. If you have an Agent or Broker that you are working with, he or she will be able to provide you with the name and address of the owner as long as it is listed.

Best of Luck,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 6 answers Share Flag
Mon May 5, 2014
Lourdrie McNamee, MRP answered:
Test response Test response Test response Test response Test response Test response Test response
0 votes 1 answer Share Flag
Sun Feb 17, 2013
Lori Hanson answered:
Most of the houses shwon on here that say auction are homes that may or may not actually go to auction. They are just pulling information from public records and the property may end up having the auction date postponed. If you are serious about buying a home the best thing you can do is find an agent that you like and trust and work with them. ... more
0 votes 2 answers Share Flag
Fri Nov 9, 2012
Joe Van Fossen answered:
This listing is still active. It will be available starting December 15th, and the security deposit is $2000.
0 votes 1 answer Share Flag
Fri Oct 19, 2012
Karen McEniry answered:
Yes, I agree with Pam. I work in La Palma with many clients, and it is a close knit community that is very desirable and safe. It also has excellent schools.
0 votes 5 answers Share Flag
Wed Aug 1, 2012
Alex Montelongo Real Estate Group answered:
I have never known La Pama Ca. to be a high crime area. Here is a link that I think you will find helpful in determining if you want to live there.
http://www.city-data.com/crime/crime-La-Palma-California.html

Feel free to reach out to me if you have further questions.

All the best,
Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 4 answers Share Flag
Thu Jun 4, 2009
Donald Stevens answered:
The best question to ask when looking at replacement cost amounts is "What happens if this amount of insurance is not enough and my house burns to the ground, will they still pay to replace my home completely?" The answer to that question in writing will tell you alot about the policy and the agent.

The Home Insurance Specialist
... more
0 votes 2 answers Share Flag
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