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Home Buying in Ladera Ranch : Real Estate Advice

  • All51
  • Local Info5
  • Home Buying21
  • Home Selling2
  • Market Conditions3

Activity 31
Tue Jul 5, 2016
answered:
It is hard to say that we have had a bubble just yet. I have seen several areas where it is clear we had one, Big Bear is the best example. Prices doubled there now everything is for sale and nothing is selling. San Diego prices have really gone up. Big Bear is a Bubble, San Diego may be a bubble.

What we see in Ladera Ranch does not seem to be a bubble.


While prices in OC have gone up it is measured compared to San Diego County and Big Bear. While prices might drift down, if and when these other prices do, and they will likely drop some first time there is talk of higher interest rates. But OC and LA prices are linked as they are joined.

The fact is no one knows, anyone who says they do doesn't know they don't know. It sounds like you are selling one property and buying another, OK then it does not matter, they will most likely move in tandem to some extent.
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1 vote 1 answer Share Flag
Thu Dec 17, 2015
Alicia Mendoza answered:
Hi Annie,

You can find out VA approved projects in Ladera Ranch (or any other location in the U.S.) at the U.S. Department of Veterans Affair website. There is a Veteran Info Portal where you can input a few parameters to find out if a condo project is approved in a specific area.

If a condo project does not currently accept VA loans, there are services out there that can assist in getting a condo project approved. But, I would typically start this conversation with a trusted lender that is well-versed in VA loans. They should be able to help guide you with that, as well as ensure that you are eligible for such a loan. It will probably take about 30-90 days to get this approval though (unless you pay extra to expedite the process).

If you have a certain property in mind, this can also be something to discuss and/or negotiate with that property's listing agent or seller.

Hope this helps!

Kindly yours,

Alicia J. Mendoza
REALTOR® / Notary Public / CPA (inactive)
Realty ONE Group Inc.
CA BRE License #01778667
949-870-9020 Direct | 714-882-7340 Fax
AliciaJMendoza@gmail.com
AliciaJMendoza.com
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0 votes 3 answers Share Flag
Thu Jun 11, 2015
Mayailaa answered:
The cost of this policy is $3.75 per $1,000 of the loan amount for the first $250,000 and $3.25 per $1,000 from $250,000 to $500,000, and $2.75 per $1,000 from $500,000 to $1,000,000. Most purchasers opt to purchase Owner's title insurance, which is $4.75 per $1,000 of the sale price for the first $250,000 and $4.25 per $1,000 from $250,000 to $500,000, and $3.75 per $1,000 from $500,000 to $1,000,000. When an Owner's Policy is issued, a Lender's Policy can be issued for a $25.00 simultaneous issue fee.

Title Insurance is negotiable. You should be able to at least get re-issue rate which should save you about 25%+.

Reference Link: http://titlecompanies.net/
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2 votes 10 answers Share Flag
Thu May 28, 2015
answered:
For the most part OC is pretty good, it is just that some areas are extraordinary. Low crime rates and schools with very high test scores.

There are so many areas in the OC that have such good schools that there really is not need to even consider a private school. http://school-ratings.com/

Keep in mind that what you really can afford is the payment not the price of the house. If I could get you a house worth $100,000 more and keep the payment the same, wouldn't that help you get a much better house?

So the trick is to find a school like that in your price range. To guide you correctly I would have to ask a few more questions.

1.You seem to have a number in mind of $500,000 most of the homes in that price range have associations, did you and your lender factor that in?

2. I notice you appear to be looking in Ladera Ranch, many of the homes in that area would have additional property taxes, that could raise your monthly payment by about $416 worth, did you and your lender factor that in?

3. How many beds / baths do you need and other things like a garage etc?


The fact is you may be looking at houses you can not buy because of hidden taxes or missing out on alternatives because of financing.

I help people like you take a complex situation and find your best choices. I have sold houses all over Orange county.

I actually own a mortgage company and my goal is to structure the financing so that you can by the most house possible with as little down and the smallest payment possible. I do this by helping you get the best terms on the financing, and making strong offers.

While your off working I will sift through the available houses and preview them, so that you do not have to look at a million houses to find the right one.

As far as the schools go, in my opinion the best school districts are Los Alamitos, Newport Beach and Fountain Valley. The reason I say this is there are no low scoring schools feeding into the high school. Los Alamitos has the best scores but the area is not that great, so it is the most affordable. Newport Beach is a great area if you can afford it. Many of the kids are wealthy, and kids who are not do feel left out. Fountain Valley has great schools and a above average area. That is why I live in Fountain Valley.

For service call me at 714-968-2500 or click on my picture and email me.
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0 votes 2 answers Share Flag
Mon Feb 2, 2015
Rick Barnes answered:
Life in Coto is much more private than in Ladera. If you are primarily looking for a community that hosts frequent social gatherings I think Ladera Ranch would be an easier group to join, though Coto is a very friendly neighborhood as well. Ladera is much more open with easy access to trails, shopping, and community centers.

Let me know if you have any questions and I would be happy to answer them for you.

Tom Bertog
949-280-0102
http://tombertog.com/
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0 votes 15 answers Share Flag
Fri Oct 24, 2014
Anthony Aguilar answered:
I am a Real Estate Broker here in Ladera Ranch and a resident for 10 years. I represent both buyers and sellers.
Please give me call or an email.

Regards,

AAA Global Financial, Inc.
Anthony Aguilar, J.D.
Broker/ Owner
949 535 6264
aaguilardirect@yahoo.com
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0 votes 8 answers Share Flag
Fri Oct 24, 2014
Anthony Aguilar answered:
James,

I am a Real Estate Broker here in Ladera Ranch and a resident for 10 years. I represent both buyers and sellers.
Please give me call or an email.

Regards,

AAA Global Financial, Inc.
Anthony Aguilar, J.D.
Broker/ Owner
949 535 6264
aaguilardirect@yahoo.com
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0 votes 8 answers Share Flag
Mon Apr 28, 2014
Bill Eckler answered:
How does your agent "weigh in" on this? Normally "AS IS" with right to inspect means the seller is not responsible for any repairs but your contract should offer you the opportunity to exit the agreement when major issues are identified. I would consider "mold" to be a significant problem.

Most will tell you that once an issue such as this has been identified it becomes their responsibility to disclose this knowledge to any future buyers. Thus, they can sell it but there should be stipulations attached. The best action they can take is to make the repairs.

If you are still within your "window" and the seller is unwilling to make repairs, your options are likely limited to either proceeding regardless or to back out of the agreement entirely.

Good luck,

Bill
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0 votes 12 answers Share Flag
Mon Apr 28, 2014
Dave Gubler answered:
While this may have been true several years ago it is no longer the case. Ladera Ranch has recovered quite nicely from the woeful lows between 2008 and 2011. Of the 149 homes (all types) currently for sale (Active status in the MLS) in Ladera Ranch only 2 are bank owned foreclosures (REO) and only 5 are short sales. So, less than 5% of the available inventory is distressed at this time (4/28/2014).

"Bank wants a cash offer" means just that... they will choose a cash offer over a financed offer. Usually this means they will even select the cash offer over the financed offer even if the sale price offered by the financed buyer is more than the sale price offered by the cash offer. Essentially they want it off their books and they want it off now. Cash buyer can close far quicker than financed buyer.
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0 votes 13 answers Share Flag
Tue Apr 8, 2014
nktokyo answered:
Thank you for your help. We have a wonderful agent who came to us via recommendation. I'm excited but a little nervous about moving to OC. I'm a Democrat and one who hates the flashy, pretentious Hollywood scene.

I know there are nice people everywhere; hoping we find the right neighborhood! Everyone seems to love it there.
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0 votes 6 answers Share Flag
Fri Apr 4, 2014
Larry Webb, Ph.D., MBA answered:
I am a former military officer and I have mine through USAA. A great company by the way :o)
0 votes 1 answer Share Flag
Tue Apr 1, 2014
Patricia M Woods answered:
Thanks for your question Hemath! Do you have any investment property besides the condo now? The loan qualifications depend on whether you have a two year history as a landlord reflected on your Schedule E on your tax returns for the past two years.

In order to get a custom quote and to be confident in your purchase power, Chase does offer a loan approval process prior to you buying. If you are interested in finding out what the qualifications are I can be reached on my cell phone at 949-307-2082 or you can fill out an application on my website that gets the inquiry started at homeloan.chase.com/Patricia.M.Woods

Please let me know if I can be of further assistance to you!

Patty Woods
nmls 47870
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0 votes 16 answers Share Flag
Thu Feb 13, 2014
Larry Webb, Ph.D., MBA answered:
I am a former US Navy officer, Ladera Ranch homeowner, and well versed in VA loans. I know this thread is kinda old an Fritz below livened things up a bit, but if you would sill like to buy in Ladera Ranch with your VA entitlements (that we earned) please give me a call. I have a lender that does no fee loans for VA. ... more
0 votes 20 answers Share Flag
Sun Jan 5, 2014
Larry Webb, Ph.D., MBA answered:
The best deal is the one you can walk away from!

Dr. Larry Webb, MBA
Broker Associate - REALTOR
(714) 222-1465
Century 21 Fine Homes and Estates
Ladera Ranch
CalBRE# 01413405
Website/Video Biography: www.DrLarryWebb.com
www.LaderaRanchHomeSales.com
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0 votes 8 answers Share Flag
Wed Dec 18, 2013
Larry Webb, Ph.D., MBA answered:
I'd be happy to help. Each property is unique. Let me know the particular property you are interested in and I will run the numbers for you...

Dr. Larry Webb, MBA
Broker Associate/Agent – REALTOR®
(714) 222-1465
Century 21 Award - Fine Homes & Estates
South Orange County, California
E-Mail: DrLarryWebb@cox.net
Video Biography: www.DrLarryWebb.com
Website: www.LaderaRanchHomeSales.com
See my professional recommendations on Trulia.com
CalBRE Real Estate Broker’s License: 01413405
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0 votes 9 answers Share Flag
Wed Dec 18, 2013
Larry Webb, Ph.D., MBA answered:
There are boarding facilities in San Juan Capistrano which is very close (~5 minutes) from Ladera Ranch). The canyon areas (~25-30 minutes out from LR). There are some limited possibilities in Nellie Gail Ranch - but that may be a bit pricey.

Dr. Larry Webb, MBA
Broker Associate/Agent – REALTOR®
(714) 222-1465
Century 21 Award - Fine Homes & Estates
South Orange County, California
E-Mail: DrLarryWebb@cox.net
Video Biography: www.DrLarryWebb.com
Website: www.LaderaRanchHomeSales.com
See my professional recommendations on Trulia.com
CalBRE Real Estate Broker’s License: 01413405
... more
0 votes 5 answers Share Flag
Wed Dec 18, 2013
Larry Webb, Ph.D., MBA answered:
I am here to assist....

Dr. Larry Webb, MBA
Broker Associate/Agent – REALTOR®
(714) 222-1465
Century 21 Award - Fine Homes & Estates
South Orange County, California
E-Mail: DrLarryWebb@cox.net
Video Biography: www.DrLarryWebb.com
Website: www.LaderaRanchHomeSales.com
See my professional recommendations on Trulia.com
CalBRE Real Estate Broker’s License: 01413405
... more
0 votes 4 answers Share Flag
Tue Oct 15, 2013
Matt Allsopp answered:
We can do a High balance first to $625,500 and a Heloc second for an additional $350k up to 89.99% CLTV.

That is as close as you will get because a portfolio Jumbo loan will not be available 3 years out of a short sale. ... more
0 votes 17 answers Share Flag
Sun Oct 6, 2013
Mary Lou Adame-Martinez answered:
Definitely Ladera ranch. Let me know if you are still looking? I have a client who is interested in selling their 3 br town house.
0 votes 22 answers Share Flag
Mon Jul 1, 2013
Larry Webb, Ph.D., MBA answered:
Hi Mizuta, I'd suggest you pick one realtor and work with them. We all know the area well. Give one of us a call. Larry Webb, Century 21 Award, Ladera ranch, www.DrLarryWebb.com
0 votes 9 answers Share Flag
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