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Los Angeles : Real Estate Advice

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  • Local Info291
  • Home Buying1K
  • Home Selling225
  • Market Conditions76

Activity 4,616
Fri Oct 20, 2017
Kjtt1974 answered:
I own my home and pay all the expenses .My daughters boyfriend has been staying here for free as in not paying any expenses not working for a couple months now.He doesn't clean or drive.He doesn't have any responsibilities but my daughter lives with me and wants him here.She works but doesn't pay any bills.He takes complete advantage of the situation.It is known that I have never wanted him here What are the steps I need to take to get him out of my house?There is a baby in the home but she is not his.I tell you this because he is on drugs.I need him out ... more
0 votes 12 answers Share Flag
Thu Oct 19, 2017
Kathy Burgreen answered:
As a retired realtor, your best method is DON'T BELIEVE CRIME MAPS ON TRULIA!! You need to know that real estate websites like Trulia, Zillow, etc. get their crime / school & other data from other websites - never the local authorities who will have accurate information.

Realtors are prohibited from giving opinions on crime, school quality, demographics, etc. because it violates Fair Housing laws. However, buyers NEED TO VERIFY everything that is important to you with local authorities.
Examples:

Crime - call / visit or go to the website of the local police departments. The issue is NOT ALL CRIMES are reported. The police departments will tell you the truth regarding neighborhood safety.
Schools - visit the school and speak with the administrators, office staff and especially the parent teacher organizations. Leave your contact information and have a parent call you. Another solution is be there during morning drop off or afternoon pick up and talk to several parents. Have some business cards if they're in a rush but ask parents what they think of their child's school. Parents LOVE to talk.
Neighborhoods - drive / walk the neighborhoods. Walk into local stores and observe. Try to talk with a few customers. Visit at different times and on different days. Nothing like observations in person. Visit local churches, playgrounds, parks, libraries, etc. Even the local city government.
Finally - ring some doorbells of neighbors where the home is located. Neighbors love to talk. You may even get some inside information about the seller. Just don't reveal too much of yourself. If you will be their neighbor - listen more than you talking.
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0 votes 1 answer Share Flag
Thu Oct 19, 2017
Frank S. answered:
Hello Denicesh, it is not a bad score as you have loan program choices. You may consider FHA 3.5% down from a minimum 580 fico score and 3% down conventional from a minimum 620 fico score.

Your scores can be raised at no cost within 3-4 days in most cases to qualify for programs, rates and terms as necessary . You do have to be very careful what you pay off as some will lower your scores.

Do you have down payment and closing costs or do you need down payment and closing cost assistance programs? You may consider down payment and closing cost assistance programs from a minimum 640 fico score.

Check out the web reference link below, they are now licensed in CA, AZ, NV, OR, WA, IL, CO, GA, MD, MI, TX, VA and DC ONLY ...
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0 votes 7 answers Share Flag
Wed Oct 18, 2017
Frank S. answered:
Hello Nicole, you do not hire agents you choose one that offers to show rentals. Agents do not make much income on rental contracts so there are not many. You should also check with local rental management companies.

You should study RENT vs BUY listings to compare payments. You may qualify to buy and pay less than rent in some cities.

The rentals in Costa Mesa start from $1,050 for 1bd 1ba apt. San Diego starts from $675 for a studio apt and from $700 for a 1bd 1ba apt. North Hollywood is more desirable and expensive. The rentals in N. Hollywood start from $850 for 1bd 1ba apt.

The purchase in Costa Mesa start from 249k for 2bd 2.5ba condo. San Diego starts from 130k for a studio condo. The North Hollywood starts from 157k for 1bd 1ba condo.

You may qualify to buy FHA 3.5% down from a minimum 580 fico score and 3% down conventional from a minimum 620 fico score. Your scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary. Check out the web reference link below.
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0 votes 1 answer Share Flag
Wed Oct 18, 2017
Jasonchrisand2 answered:
We want to refinance our house so that we could get some Equity out to do some repairs and stuff we got an appraisal done and the appraisal came back at 225,000 it went to the bank and they said no that the house was only worth $190,000 so then we said no that we didn't agree with the appraisal well they wanted us to compare properties in our neighborhood to our house there were no properties to compare it to because none of them have the stuff ours has is there anything we can do to make the bank go with the first appraisal ... more
0 votes 17 answers Share Flag
Tue Oct 17, 2017
Derek Jones answered:
I ran a search in a couple of my re groups on facebook and the feedback wasn't good. And their guarantee is worthless if you ask me. It's something along the lines of if an appointment flakes or cancels or isn't a real appt. then they'll get you another one instead of giving your money back. I tried to bargain with the rep but they didn't even want to give me 1 free listing appt. to test them out. I ended up joining their free network and even those "appointments" that they have sent haven't been real appts. ... more
1 vote 2 answers Share Flag
Thu Oct 12, 2017
Fzelig asked:
8337 west 4th street in los angeles, ca 90048 is a Duplex for rent --- lower unit only . has 3 bed and 2 bath --- square footage is only 2000 sq ft --- you have it listed as if the whole…
0 votes 0 Answers Share Flag
Thu Oct 12, 2017
myhotrs answered:
Wanted to add that we were very clear that we were not interested in using a buyers agent and also signed dual-agency agreement with the lady for the house we bid on. Now she's saying that if we buy any house described in the agreement (area and price range) she'll arbitrate for commission. ... more
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Tue Oct 10, 2017
Derek Jones answered:
Way too broad of a question to answer. Read your contract and see what your options are. What does your agent think?
0 votes 1 answer Share Flag
Tue Oct 10, 2017
Kc8heg answered:
I am taking it now. Most materials are good, but in some cases interchangable terms are switched up, making things confusing. In addition, the clock showing imber of hours spent in the course is weird. It says I have 5 minutes left of the 40 hours of study, but I am only halfway through the material. I thought it was based on the amount of material covered rather than actual time, but I know I haven't been in the course for 40 hours.

I have found at least one contradiction between the material and a quiz question, so I wrote the instructor, who is supposed to respond in 24 hours. It has been 27 hours.
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0 votes 16 answers Share Flag
Tue Oct 10, 2017
B3812d asked:
Sun Oct 8, 2017
Mary Ann Osborn answered:
Keep an eye open for the new Century Plaza Residences which broke ground December, 2016. The Century Plaza Hotel is being revamped with a Fairmont Flag, and 63 luxury residences on floors 12-16. In addition, there will be two high rise, 43 story towers behind the hotel. You are across the street from the newly billion dollar renovated Westfield Mall. Century City is the new urban destination where one does not need a car to shop, dine, theater, etc. 310-824-2200 Mary Ann Osborn, Director of Sales
Register at thecenturyplaza.com
... more
0 votes 13 answers Share Flag
Fri Oct 6, 2017
Judi Hume answered:
That's my understanding; that it means they are included in the sales price, but a real estate agent (whom I was considering asking to represent me, as buyer) told me it would depend entirely on how much I was willing to offer for the property. I think I need to find someone else to represent me, right? ... more
0 votes 13 answers Share Flag
Fri Oct 6, 2017
Dlmuxlow asked:
I am a landlord, but I receive emails from you providing listings for zip codes where I am properties. I find these helpful when figuring out what the competition is renting similar properties…
0 votes 0 Answers Share Flag
Thu Oct 5, 2017
Anays asked:
Wed Oct 4, 2017
Crmnharrison asked:
Tue Oct 3, 2017
TH asked:
Hello. If one is in the process of purchasing a home and gets a cashier's check to cover the closing costs and a sizeable down payment, a week prior to closing, is this large transaction…
0 votes 0 Answers Share Flag
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