Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Los Alamitos : Real Estate Advice

  • All29
  • Local Info1
  • Home Buying14
  • Home Selling0
  • Market Conditions2

Activity 40
Mon Mar 20, 2017
Sheryl Arndt answered:
Hello Grace, yes they do. Do you have down payment and closing costs or do you need down payment and closing costs assistance programs?

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

If you are buying a primary residence you could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score up to 424k.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 424k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 424k.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

The purchase in Los Alamitos start from 444k for 2bd 1ba condo. How much are you paying in rent now and what is the maximum payment you are looking to achieve? There may be other neighboring cities that are more affordable...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA or CalVet loan specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 2 answers Share Flag
Thu Sep 8, 2016
InvestorWize.com answered:
Treat it as if they are renting just like any other tenant. Make sure they qualify to pay the rent and that they can financially handle the payments and are showing that they are trying to save money to move out for the long term goal. If they are planning to stay longer check if the job they are working is a long term sustainable job that they have worked for quite some time. This shows they has a nice stable income and that there most likely wont be changes any time soon. If you want more info on this topic check out the following article.

http://www.investorwize.com/can-i-sell-my-home-and-rent-it-back/
... more
0 votes 12 answers Share Flag
Wed Aug 10, 2016
Nicole Fedorchek answered:
This property sold for $825,000 on July 26, 2016
0 votes 3 answers Share Flag
Wed Apr 27, 2016
answered:
I hear there is another change in the purchase agreement, but based on the old agreement the contingencies no longer just fell off.
If you refuse to sign off on the removal, I believe the seller has the right to cancel the escrow. But I am not 100% sure on that. Like I said as soon as I figure it out they change it. ... more
0 votes 3 answers Share Flag
Wed Dec 10, 2014
Thomas Schmitz answered:
Hi, there are always condos coming to the market in the areas of Los Alamitos and real close surrounding cities., Call me and I'll put you on a preferred client email for list of new and upcoming condos!
Tom Schmitz, CRS
First Team Real Estate
12501 Seal Beach Bl.
Seal Beach, Ca. 90740
Cell 562.754.5330
Email Tom4re@aol.com
... more
0 votes 8 answers Share Flag
Fri Sep 26, 2014
Terri Vellios answered:
Homes are measured in different ways. Either from inside between the walls or outside. That alone can be the small difference. Understand that builders will submit plans and those are usually recorded at that sq. ft. Then when the home is measured a variance can happen. Sometimes the builder or tax person picks up a covered entrance or patio on the plans and show that as sq. ft. but it is not considered living space, and only living space is counted on the appraisal.

As others has mentioned it should not be an issue with such a small variance.
... more
0 votes 8 answers Share Flag
Fri Sep 26, 2014
Dorene Slavitz answered:
This is a long commute in morning traffic and after a few months of this, you might find it has a detrimental effect on your overall quality of life. Since you are in Long Beach and husband in Culver, I think South Bay(Torrance) would be a much better compromise for you. ... more
0 votes 11 answers Share Flag
Fri Sep 26, 2014
Alex Montelongo Real Estate Group answered:
The traffic is not so bad from Los Alamitos to Torrance. Your wife will have to get used to timing her leave from home or work. We all deal with Southern California traffic. It is a short commute, she'll be fine. Los Alamitos is a great city to move to. The schools are excellent and homes maintain there values well.

Let me know if you need any help.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 1 answer Share Flag
Tue Apr 29, 2014
Alex Montelongo Real Estate Group answered:
Here is another website that shows the crime rate statistics in the Los Alamitos Area.
http://www.city-data.com/crime/crime-Los-Alamitos-California.html

Feel free to contact me if you need anything else.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 4 answers Share Flag
Tue Apr 29, 2014
Alex Montelongo Real Estate Group answered:
I am assuming that you are considering schools in the Los Alamitos District... Here is the link to the district website.
http://www.losal.org/site/default.aspx?PageID=1
This should be helpful in your research.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE LIc #01456982
... more
0 votes 6 answers Share Flag
Tue Apr 29, 2014
Alex Montelongo Real Estate Group answered:
I have sold property in this area and I have never heard any negative complaint about the noise or air traffic. I live near the Long Beach Airport and there is a plane landing every 5 minutes. The traffic at the base is nothing of the sort. You would have to send some time in the neighborhood to get a feel for the air traffic in order to make your decision. As others have mentioned in previous comments, the school district is highly desirable.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 6 answers Share Flag
Thu Dec 19, 2013
Penny McCann answered:
Hello Buyer,

I would be happy to help you find that perfect place to call home. Please call direct at 562-370-5574 or via e-mail to pennysellshomes27@gmail.com so that we can talk more about what you are looking for in home and what areas. Once I have this information I will be able to put detailed searches together for you.

Looking forward to hearing from you soon.

Penny McCann
Keller Williams Realty
BRE: 01925479
... more
0 votes 9 answers Share Flag
Fri Dec 6, 2013
Grace Hanamoto answered:
Hi Tina:

Annette is right on the mark on this one. First, call your Realtor. You, as the buyer, are definitely responsible for determining whether or not items are missing and 551 square feet of missing "home" is pretty hard to miss during the transaction.

If you cannot resolve this matter with your Realtor and his/her Broker's assistance, you should talk with an attorney. The only caveat I have to proffer, however, is that if this is a bank owned property, you should reread ALL of the documents given to you during the transaction by the seller/bank. There are usually provisions within the amendments that absolves (holds them harmless and blameless) for variations in square footage, condition, etc. However, an attorney can advise you regarding your specific rights.

Good luck! Talk to your agent first..then an attorney.

Sincerely,
Grace Morioka
Allison James Estates & Homes
... more
0 votes 5 answers Share Flag
Fri Dec 6, 2013
Nicole Fedorchek answered:
The tax assessor's office in the County in which the property is located would be the place to start.

Nicole Fedorchek, Realtor
Tarbell, Realtors
714-914-5097
realtornicolef@gmail.com ... more
0 votes 2 answers Share Flag
Thu Dec 5, 2013
Alexander Greer answered:
For what property?

Alex Greer
Loan Officer
NMLS #1056079
http://www.TheMortgageOutlet.com

408-352-5147
AGreer@TheMortgageOutlet.com
0 votes 1 answer Share Flag
Fri Nov 15, 2013
Bob Foust answered:
Try Todd Foust at 714-686-6946
He can do it all, a little or a lot.
0 votes 6 answers Share Flag
Mon Oct 14, 2013
Henry n Janie Bruce answered:
0 votes 2 answers Share Flag
Sat Aug 17, 2013
Janine Fine answered:
Hi David,
If you advertise the home in a local newspaper or on a FSBO website, you will get mostly Realtors calling.
Because of the cost of your ad the ad will be small and the buyers will not know many of the details of the home, unless they call you.
Most buyers don't have the time to call each home owner one by one. They can search many homes in their price range and with their needs on a Realtors site or on Trulia, for example, through the MLS at the click of a mouse.
I do think that you should at least talk to an agent or two to see if the home is priced right (or pay for an appraisal) and then see what they can do for you. You will get more showings and more people will know about the property... with it "out there" listed on your local MLS, it get maximum exposure, and usually sells for more money with less work and hassle on your part. The more showings it gets the more likely that it is just right for someone that walks through the home on a showing!
Good luck,
... more
0 votes 9 answers Share Flag
1 2
Search Advice
Search
Los Alamitos Zip Codes

Followers

333