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Lake Forest : Real Estate Advice

  • All63
  • Local Info6
  • Home Buying28
  • Home Selling1
  • Market Conditions2

Activity 41
Wed Apr 20, 2016
Shawandalineberger answered:
Timely post - I was fascinated by the facts . Does someone know where my business would be able to find a sample CAR Deeded Parking Purchase and Sale form to edit ?
0 votes 2 answers Share Flag
Fri Jun 5, 2015
answered:
I would strongly urge you to buy a condo instead. Especially in Lake Forest, they have wonderful places in the trees, gorgeous.

Call me and at least compare your monthly cost. You will be surprised.

More than that, condos generally go up in value, mobile homes almost always go down in value. The people who own the condo associations tend to be brutal about raising rents without notice. I am really telling you. Do not buy a mobile home.


If you must get a mobile home anyway, call 21stmortgage.

You can call me at 714-421-1037
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0 votes 2 answers Share Flag
Thu Feb 26, 2015
Garcia Kincaid Group answered:
Hi There,
There are going to be different guidelines to follow depending on the lender you use and your financial status at the time you apply for the loan. The first step you have is picking the lender you want to use and presenting the situation to them including all of your financial and income information. This will help you decide what lender and/or loan product will work best for you and what financial or income items might need to be addressed for approval.

Thanks!
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0 votes 7 answers Share Flag
Thu Feb 26, 2015
Kit Wilson answered:
another place to get good general information is City-data.com.
0 votes 3 answers Share Flag
Thu Feb 26, 2015
Garcia Kincaid Group answered:
My brothers and I grew up in Lake Forest and loved it. We always felt safe. (just my opinion:)
0 votes 2 answers Share Flag
Fri Dec 19, 2014
Trulia Customer Service answered:
Hi Brian,

Thanks for contacting Trulia regarding someone using your number on a fraudulent rental listing. Really sorry to hear this happened and am happy to help assist in getting it removed. Unfortunately, we didn't get enough information to solve the issue, but if you can please provide us with more information by replying to the email I sent you, we will certainly be able to assist you.

If you have additional questions, please visit our help center here: https://trulia.zendesk.com/hc/en-us.
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0 votes 2 answers Share Flag
Fri Jun 6, 2014
answered:
as an agent I have sold homes there for years, I only do mortgages now. I can not for the life of me understand why homes go for less there.

One thing, most of the areas are very cool, as they ocean breezes seem to blow up the canyon. Some of the areas this does not seem to apply to, such as near town hall. Buy near the trees you should have nice cool air. ... more
1 vote 7 answers Share Flag
Thu May 29, 2014
Brittany Leighton answered:
I would love to help you! Here is some information about me taken from my website http://www.MyRealEstateExecutive.com

Brittany Leighton, Real Estate Professional

Experienced Southern California Realtor

Holds 37 awards in top customer service and top customer satisfaction.

Top 1% customer service in the nation award

President/CEO of Children’s Smiles Non-Profit Organization - http://www.ChildrensSmiles.org

Brittany has a successful and extensive background in practicing Real Estate Law. Brittany has been actively assisting home buyers and sellers in Southern CA for over 10 years.

A commitment to service and extensive Real Estate education is what sets Brittany apart from many other professionals. Brittany’s goal is to provide every single person she meets with extraordinary customer service so that they will be excited to share their experiences by referring their friends, family, and colleagues. This philosophy is the reason why 94% of her business comes from referrals. Brittany has a solid understanding of Real Estate contracts, the home purchasing and home selling process, and efficient contract negotiation.

Brittany understands the importance of clear and direct communication. It is extremely important that as your transaction is occurring and when your transaction is complete, you feel comfortable calling her every day as you need her.

Brittany is an expert negotiator and pays close attention to detail and customer needs. Her clients are always kept well informed during each step of the home buying and selling experience.

Brittany believes that to succeed at your goal you must have the power of focus, the strength of integrity, and the understanding of the journey to achieve that goal.



Orange County Association of Realtors
California Association of Realtors
National Association of Realtors




Thank you,

Brittany Leighton

Realtor

Top 1% Customer Satisfaction in the NATION

949.480.7178

ExeRealEstate@Gmail.com

http://www.MyRealEstateExecutive.com
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0 votes 3 answers Share Flag
Mon Apr 21, 2014
Darren Smith answered:
I showed up to a vacant home my office had for sale and a young couple had moved in to the home, I called the police, and the couple showed a bogus lease, the landlord listed wash't even close to the owners name. This happened a lot during the "Bank Owned and Short Sale" dominated market a few years ago.
There is a way to avoid these types of scams, and I doubt the ones pulling these false lease scams are actually licensed Realtors, because the state license is far to valuable and difficult to achieve to just throw it away by trying such a short sighted con game.
It takes less than a minute to verify a Real Estate license, go to: http://www.dre.ca.gov the first link you will see is "verify a license", once you find a Agent or Broker with a license in good standing, then have them run a quick title check on any property that interests you, and you will know if you are dealing with the owner or not.
It is up to each of us to protect ourselves.
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0 votes 7 answers Share Flag
Fri Nov 8, 2013
answered:
I think that most lenders want cosigners that are either a relative or maybe even an employer.

We have some loans with less strict guidelines if you would like me to try. You can contact me by clicking on my picture ... more
0 votes 8 answers Share Flag
Fri Nov 8, 2013
answered:
My office is here in Lake Forest. I am a lender now but have sold a lot of homes in the area as a Realtor. Yes, they are very strict about the trees in the forested areas.
I frankly have wondered by the homes in the area a much less than surrounding areas. For one thing Lake Forest in many areas has what I call a "Beverley Hills" effect. That is because the cool air seems to funnel up from the Ocean which also happens in Beverly Hills.
So I would say that the beauty of the area along with the lower price makes up for any cost the trees cause.
Keep in mind that not all of the areas in Lake Forest have that Beverly Hills effect. My office feels more like Palm Springs in the summer, I am over by town hall.

If I can be of any help please feel free to contact me. I now some great agents in the area if you need an agent, and if you use me for your mortgage, you will get a competitive advantage.

You can contact me online buy clicking my picture or call me at 949-297-1207
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0 votes 8 answers Share Flag
Thu Nov 7, 2013
Ken Yonemitsu answered:
My wife works at one in Irvine so I know a little about getting one started. It would depend on size of day care and the complex. I have seen them in condo complexes before but it could be a bit tricky. Even if the condo complex allows it you will need to get permission for your neighbors. ... more
0 votes 2 answers Share Flag
Thu Apr 18, 2013
Ingrid Ski Realtor answered:
The bank can go back on a loan anytime. They would just figure out some excuse.. Once the loan is funded and recorded that would be hard to do at that point. I have had a client who had the bank want to change the contract after the loan was funded and recorded. They did come to a compromise and re did the loan.


Ingrid Ski Realtor
949-874-0432
OCAreaHomes@gmail.com
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0 votes 3 answers Share Flag
Sun Feb 24, 2013
John Arendsen answered:
You really should start with the park manager of the park/communities you are interested in. You will have to fill out an application and be approved by them before you even make an offer on a manufactured home in a rent/lease park/community.

But before you purchase any manufactured home you should have the home inspected by an experienced manufactured home inspector and not just any home inspector.Make sure the home is level and that the pier and pad assemblies are in good shape.

Be sure the vapor barrier and insulation are in tact and not ripped, torn or lying on the ground. Have the inspector look for drainage issues i.e. standing water, soil erosion, expansive (clay soil), rusted and deteriorating piers and dry rotted or decomposing wood pads supporting the piers.

Most importantly make sure the home has an approved set of Earthquake Resistant Bracing (ERBS) installed under it as much of California is in a Zone 4 seismic area:

(http://www.google.com/search?q=seismic+zone+3+map+for+califo…)

Feel free to contact us should have any more questions: 800 909-1110, Cell: 760 815-6877. Email: onthelevel@cox.net. Or log onto any of our very user friendly websites:
http://www.mh-processing.com
Web Reference: http://www.onthelevelcontractors.com
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0 votes 1 answer Share Flag
Sat Feb 23, 2013
Jamie Tian answered:
Hi Elianna,

The HOA is $225.00 per month. However, this property is sold as of 1/21/13 according to the MLS.

Please let me know if you have any other questions or concerns.

Best,

Jamie Tian
Rodeo Realty
(310) 717-1321
JamieTian@RodeoRE.com
DRE #01920120
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0 votes 1 answer Share Flag
Wed Dec 12, 2012
Libardo Quintero answered:
Hi Shanna,
Kinecta FCU is the biggest credit union in California, if you give me current balnce on your loan home address and brief me on your financial situation I will let you know if you are in the market or you have to carry your debt.

In your case there are few options but details must be disclose, I welcome you to one of our banking offices or contact me.

Libardo
NMLS 380933
949.861.0367
LQuintero@kinecta.org
www.kinecta.org/lquintero
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0 votes 4 answers Share Flag
Wed Dec 5, 2012
Brian Wilson answered:
Hello BCf630,

I believe you have read the comments below and there is lots of advice, Bob Phillips, in my opinion has made the most sense. I would also ask if you have found out why you did not get any of your offers accepted? It may be very helpful and offer some insight as to why you are not getting accepted.

Likely the plain and simple fact is the other buyers have better reserves, better down payment and they are not asking for $$ assistance. The fact you are overbidding is fine but, as mentioned previously, what will you do when the appraisal isn't as high as your offer? You may not be able to get financing or make up the difference out of your pocket so sellers are going with the buyers that they feel can best complete the transaction.

The market is great for buyers right now but due to the low inventory there are many areas that have become sellers markets. You may need to rethink your strategy and if possible get more reserves. Maybe you should rent for a bit longer, save what you can and resume your search. You will only be a better qualified buyer. There will still be houses to buy and if you are better positioned you will be successful.

I am surprised you have made as many offers you have and are still trying to buy. That is a lot of time and effort and honestly your Realtor should have advised you that maybe your time to buy is not here yet or you need to adjust what you are looking for. Part of being a real estate professional is not always telling your clients what they want to hear but being honest with what the real facts are, may not be what they want to hear.

Good luck with your search and decision,
(BTW FSBO is For Sale By Owner)

Brian Wilson, Realtor
DRE# 01321478
949-933-0852
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1 vote 14 answers Share Flag
Tue Dec 4, 2012
Yvonne Martin answered:
Carri,
This home is in the woods area of Lake Forest. I have a copy of the floor plan. The property is not currently showing for sale, so I will contact the lender Wednesday morning to find out what the status is. The Trulia printout shows the home has been on the market for 62 days.

I searched all Lake Forest woods properties for you and find only one home for sale. If you can send me your email address I'll be glad to forward information on this newest property, which has been for sale for five days. It is another bank-owned property and has conventional financing for as little as 3 percent down.

Please let me know what your real estate needs are and I'll be glad to forward you available property information. My email address is ymartin@coldwellbanker.com. You can also visit my website at www.yvonnemartin@com.

Thank you.
Yvonne Martin, Realtor
Coldwell Banker Lake Mission Viejo
... more
0 votes 3 answers Share Flag
Mon Dec 3, 2012
Gina Williams answered:
UPDATE TO ABOVE QUESTION: underwriter approved loan and sent it to funding. The funder is the one who questioned the appraisal and noted on it that it needs to be a fully functioning kitchen. Since the time of the appraisal the marble flooring has been laid in kitchen and dining room. Fridge and Freezer are now in. They don't have cupboard doors on them and funder thought it was a metal beam??? Our appliances are very expensive and cost us well over 22,000 dollars. The fridge and freezer is the custom refridgerator that splits so that they aren't even close to each other. Induction stove. Thermador oven, microwave installed. Dishwasher installed but we still need to receive our order (cabinet doors) that attach to the front of most of our appliances. Granite is in garage for countertop. Wood flooring just needs to be laid in family room. Husband is liscensed contractor and works as an inspector for a city.
CAN ANYONE TELL ME WHAT A FULLY FUNCTIONING KITCHEN IS?
... more
0 votes 4 answers Share Flag
Wed Nov 28, 2012
Trulia New York answered:
Hi there-

If you are still having issues, we would love to help! Feel free to email us, customerservice@trulia.com

best,
Ali, Community manager
0 votes 3 answers Share Flag
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