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Foreclosure in Montrose Verdugo City : Real Estate Advice

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Wed Mar 29, 2017
Sheryl Arndt answered:
Hello James, unfortunately you did not include an address or link to know which property you are inquiring about. Do you have a home you want to sell and are inquiring on selling costs or are you meaning purchase price or closing costs? I did not find any listings for purchase in the 91406 zip code currently so you may need to consider other neighboring cities.

Have you been pre-approved to be able to look at and submit offers on any homes of your choice? Do you have down payment and closing costs saved or do you need down payment and closing cost assistance programs?

The purchase in Glendale start from 289k for 1bd 1ba condo, from 399k for 2bd 1.5ba condo, from 469k for 3bd 2ba condo and the single family homes start from 439k for a 1bd 1ba tiny house.

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.

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.

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 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.

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
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