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Pico Rivera : Real Estate Advice

  • All23
  • Local Info0
  • Home Buying4
  • Home Selling2
  • Market Conditions2

Activity 15
Mon Apr 10, 2017
Gabriel Reyes answered:
Hello Anthony,

The best advice I could give you is to find a mentor. Look for someone who is successful and create a personalized strategy using some of the techniques they do that have worked for them.

Gabriel Reyes
www.gabrielreyes.com
... more
2 votes 6 answers Share Flag
Wed Dec 21, 2016
Sheryl Arndt answered:
Hello Mike, you would need a minimum 500 fico score to qualify for FHA financing. Do you want cash out or just rate and term refinance?

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and LTV. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & 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 Nov 10, 2016
Edith asked:
Eviction tenet 5 year old tenet for owner occupied residency. There is no contract it's a month to moth verbal agreement. Help please advise
0 votes 0 Answers Share Flag
Thu May 12, 2016
Sheryl Arndt answered:
Hello Johnny, the rentals in Pico Rivera start from $1,900 for 3bd 1ba and up and inventory is quite low on rentals in my mls. You could check with the California Villiages and The Trails Apartments for any openings they may have coming available. You may also want to check with local rental management companies for their inventory.

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 you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You should study RENT vs BUY options as you may qualify to buy and pay less than rent in many local cities. You may qualify to buy with minimum out of pocket expenses and pay less than rent.
Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

If you decide to buy you will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card 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.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt
... more
0 votes 3 answers Share Flag
Wed Nov 18, 2015
Harriscoldwilson answered:
My name is Harris willson,CEO Runzi loan firm i offer 2.5% loan to support you get a house of your choice.contact me personally with this email. harriscoldwilson@outlook.com
0 votes 5 answers Share Flag
Thu May 14, 2015
Alex Montelongo Real Estate Group answered:
What would you like to know about this property? I just looked it up and it shows as cancelled. Are you interested in Real Estate in Pico Rivera Ca.? Please feel free to take a look at my profile on Trulia.com and call me if I can be of service.

All the best,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 2 answers Share Flag
Sat Mar 14, 2015
Alex Montelongo Real Estate Group answered:
Nowadays, people do advertise open houses online. In fact it is an effective way of promoting and ensuring a successful Open House. People do their research online looking for Open Houses on the weekends or weekdays for that matter. The MLS is now connected to most of the 3rd party real estate websites and Open Houses are now promoted on them. Typically, Open houses are found on Saturdays and Sundays.

Best of luck,

Ale Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 2 answers Share Flag
Sat Mar 14, 2015
Alex Montelongo Real Estate Group answered:
Fast forward to 2015... Short sales are so few these days the probably add up to only 1% of the inventory. Short sales typically take 3 months to a year depending on the circumstances. There are so many variables that can extend or complicate the short sale process. You would think that by now there would be a protocol that would expedite the process but now we have to consider that the banks have cut down on their staff in the past 2 years and now they have fewer people available to handle these types of transactions.
There are so many properties and homeowners that are now in positive equity positions that I now advise my clients/buyers not to pursue short sales. There are so many standard sales out there to choose from .

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 8 answers Share Flag
Sat Mar 14, 2015
Alex Montelongo Real Estate Group answered:
If you have a cancelled Listing Agreement, you are out of contract. Do you have a copy of the cancelled listing agreement? If not, you can request one from the agent or go direct to the Broker of the company.

Best of Luck,

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cel
BRE lic #01456982
... more
0 votes 11 answers Share Flag
Sat Oct 4, 2014
Alex Montelongo Real Estate Group answered:
That's great that you provided us with an update, when you chose to stick it out with your agent. What was the end result? Was the sale eventually successful?

Alex Montelongo/Broker

Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
0 votes 5 answers Share Flag
Tue Mar 11, 2014
The Wilson Group RE answered:
The market in So Cal has increased 20% since January of 2013(overall). Professionals are forecasting 4-5% increase by the end of 2014, however, this is a guess. No one can predict the market. Lack of inventory can increase prices if a property is in high demand. That increase will depend on the buyers and the property condition. Looks like there are only 37 active properties in that zip code. Not a lot. Summer is one of the better seasons to sell. If you thinking about selling, I'd do it this summer. ... more
0 votes 1 answer Share Flag
Sun Jul 8, 2012
Alex Montelongo Real Estate Group answered:
This question was asked a while ago and since then the market on short sales has dwindled significantly. It depends on the agent handling the transaction. Most agents will counter any and all offer to submit only the best and highest to the bank. It is not a wise move to submit more than one offer to the bank at a time. Negotiating the best and highest offer should be the duty of the agent and not so much the bank. The bank has the final word of course and will usually come back with a demand, addendum or counter of terms that they will accept.

Short sales are such a small part of the inventory these days. I've closed plenty and I am glad that they have diminished for the most part.

Alex Montelongo/Broker
Coldwell Banker Star Realty
562-810-7387 Cell
BRE Lic #01456982
... more
1 vote 6 answers Share Flag
Sat Mar 3, 2012
George Raymondo answered:
0 votes 3 answers Share Flag
Tue Nov 9, 2010
Sindy Verdugo answered:
As far as I know: From the time the NOD is filed the bank still gives you 6 months till the trusties sale and 21 days until the auction and the courthouse steps. My experience is that the NOD is files when the fourth payment is due so, that works out to about 9 months and 21 days by the book. I have seen banks not file the NOD for months. Working on a loan modification plan can stretch it out also.

Hope that is helpful.

Sindy Verdugo
Over 800 Homes SOLD since 1979

Re/Max College Park Realty
(562) 433-3777
... more
0 votes 9 answers Share Flag
Thu Nov 5, 2009
Raul Amaya answered:
No. the house sold in May for $475,000 call me we have more (562) 965-0120
0 votes 2 answers Share Flag
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