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Home Buying in La Verne : Real Estate Advice

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Activity 5
Sat Aug 30, 2014
Cindy Davis answered:
I agree with the others. Verification of income will likely pose a problem...Your best bet is to find a mortgage broker in your community. A broker has access to a wide variety of loans and will be able to best guide you.

Good luck.
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Wed Jun 18, 2014
Alex Montelongo Real Estate Group answered:
If you are referring to the listings that you see here on Trulia.com, most of them are real. Some of the rentals have been posted by scam artists. The reason that I say that is because the Agents or Brokers on here do not have control of what is posted. Nor does Trulia. When we see something that is too good to be true, it usually is. If you know of a listing on here that is not correct,, it is best to report it to Trulia right away and they will remove the listing. Your best bet is to always work with a Realtor. We are your best defense against scams.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
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Wed Jun 18, 2014
Alex Montelongo Real Estate Group answered:
The answer is Yes! You can move your tax base over to your new property utilizing Proposition 60 & 90. There are guidelines that must be met so please do your homework.

Call me if you are still in the market for a home.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
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Mon Apr 5, 2010
Agatha Juarez answered:
Property taxes are paid twice a year. The first installment is due November 1 and are delinquent December 10th. The 2nd installment is due February 1st and are delinquent on April 10th. If you closed in December your taxes will be pro-rated from January to February and will be paid through escrow. The seller will recieve a credit for the days that you pay from the close of escrow date. Escrow will take care of properly applying the credit and payments to the buyer and seller. You cannot close escrow without these payments/credits being made.

Be aware that you will most likely receive a supplemental tax bill after escrow closes. The county assesor will re-assess your property based on the new property value vs the old property value. This bill will also be pro-rated based on your close of escrow date and the next tax installment due.
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