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Home Buying in Playa del Rey : Real Estate Advice

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  • Local Info0
  • Home Buying7
  • Home Selling2
  • Market Conditions1

Activity 14
Sun May 18, 2014
Dacost1 asked:
anymore?????? the best part of of the updates, was when you could see the inside of the homes.
0 votes 0 Answers Share Flag
Sat Feb 8, 2014
Endre Barath answered:
Sd, first I am puzzled why you would want to approach an REO without an Agent? That is like being your own Doctor without a license? Just thinking out loud....

FYI REO's are represented by Asset Mangers of larger Financial Institutions and would not like being approached directly from a buyer. They do not even like Agents who do not know what they are doing.

The best advice I can give is reach out to a seasoned Realtor who had done many REO's and that would certainly help you in getting the property.

Endre Barath, Jr.
Berkshire Hathaway HomeServices
Beverly Hills, CA

homes@endrebarath.com
310.486.1002(m)
... more
0 votes 5 answers Share Flag
Thu Nov 7, 2013
Robert Spinosa answered:
KS,

You're doing fine. Most of these seem in line and I would expect that a few will be adjusted downward to reflect actual costs.

Best of luck in your new place!

Rob Spinosa

rspinosa@rpm-mtg.com
... more
0 votes 5 answers Share Flag
Thu Nov 7, 2013
Steven Pawera answered:
Zsibri - I hope your husband conceded to all the correct advice the others posted - or how you hold title may not be your only problem lol.
0 votes 10 answers Share Flag
Wed Sep 4, 2013
Randall Ortiz answered:
Ask your agent what it says in the contract. If it's gone past that time, ask your agent to contact the listing agent to find out what's going on.
0 votes 15 answers Share Flag
Sun Aug 11, 2013
Steven Pawera answered:
Nicole,

First off, you wont' ever be speaking to "the people who own duetche alt a securities loan trust " - because those owners will be teachers, firemen, etc across any number of mutual funds/etc.

You will eventually be hearing from the servicer on behalf of the trust. But let's back up a second.

Is your goal to get your relocation money and move on? Or would you like to stay in the home?
In Cali, all owners (banks when they foreclose, as well as families when they buy their first home) take the property subject to the rights of the tenants in possession. Do you have a written lease (actually sublease it sounds like)? If the lease is a valid, arms-length agreement and you have been making your payments timely, that may be a valid defense to any eviction proceeding that could come since you aren't paying rent to the actual owner. If the lease term has expired and become 'month to month' you have I believe a 90 day notice requirement from the new owner to terminate the lease. I probably wouldn't rush to receive it sooner.
Someone who is not in possession (the previous tenant), that whole transaction between them and the servicer really has nothing to do with you. But I wouldn't worry about the former tenant receiving 'your' relocation incentive: typically that payment is made at move out by the tenant when the keys are turned over and the property is vacant.
Hope this helps.
-Steve
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0 votes 1 answer Share Flag
Sun Jun 23, 2013
Gail Mercedes Cole answered:
I am a Realtor in Marina del Rey, CA. I lived a few years in San Francisco, CA but am not a expert about real estate rentals in SF. I would search Realtors in area with knowledge about Dogpatch Lofts. Experienced area Realtor should have knowledge about Dogpatch Lofts and other communities that may suit you needs. Use the zip code for Dogpatch and search Trulia, Zillow and Google for professional Realtors. May take a little time but in the long run it will be beneficial.

Gail Mercedes Cole
EXP Realty
310.853.9933
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0 votes 1 answer Share Flag
Wed Apr 4, 2012
Emily Knell answered:
If one offer has been submitted to the bank, the listing agent does NOT have to submit subsequent back up offers to the bank as well. He can Hold onto them as back ups & if something happens to the 1st buyer & they back out, then he can entertain the back ups & submit another one.

The listing agent of a short sale does not have a fiduciary duty to the bank, the bank is not the seller.

Put yourself in accepted offer #1's shoes. Do you want the listing agent submitting offers over yours? Likely not.

Some agents submit all offers to the bank, some don't. Personally I find that my buyer retention rate is much higher when I am loyal to one buyer who's offer is accepted & submitted to the lien holder(s) & that buyer is more loyal to myself & the seller in the more lengthy process that is the short sale transaction.

I don't look back on this same Trulia thread for answers posted after mine.

EmilyKnell1@yahoo.com
562-430-3053 c
Realtor Since 1996
Main Street Realtors
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0 votes 6 answers Share Flag
Fri Nov 11, 2011
Terry Ballentine answered:
If LAX expansion increases the flight patterns and noise, it will most certainly affect the Playa del Rey market negatively. However, some of the improvements that are planned will improve the area and businesses nearby. ... more
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Sat Oct 22, 2011
Endre Barath answered:
Jo the people I know who live in Playa del Rey love the location. Convenient not only to the Airport but some have the Beach as their back yard. Others are very close walking or driving distance to it. The noise that some are affected by are compensated by the price, hence it is a win win. Not every part of Playa del Rey has Airport
noise. So you have to go case by case and see if you are comfortable there. I live in Marina del Rey and there are places where you hear Airplanes leaving and other places you do not hear it and the values are still high.
... more
0 votes 4 answers Share Flag
Sun Sep 26, 2010
Dorene Slavitz answered:
Dear Karen,
Please speak to the broker in your office about this ethics issue. The agent can be brought up on ethics charges with the board,but you will need evidence and the support of the legal department in your brokerage. ... more
0 votes 6 answers Share Flag
Wed Jul 28, 2010
Claremunn answered:
American Industrial Center, Dog Patch. Ask for Greg or Dianne. Great Landlords to us for several years. Wonderful area. 415-621-1920 diane@aicproperties.com
or wait until January 1st and move into the new www.weworksf.com space. check out www.weworknyc.com
Best of luck
Clare M
... more
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Tue Jul 6, 2010
Gregorio Denny answered:
Julie has this one right, it will be an issue with one person owning more than 10%. It can be done, but usually at a higher premium and with much more work. Are you absolutely in love with this condo?

Gregorio Denny
Tripoint Mortgage Group, Inc.
800-335-6897
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0 votes 4 answers Share Flag
Sun Jun 21, 2009
Kendall0501 answered:
PDR is a great area. It has nite-life & proximity to the beach. It's close to LAX and gets great ocean breezes in the summer. If you have kids, then look elsewhere, like El Segundo with it's own school district. If single, it's a fun place to hang, especially the Prince of Whales & Mo's for football/drinks & the Playa Vista concert park is not too far for summer concerts. Also you're halfway between Manhattan Beach & Santa Monica for restaurants/fun.
Hope that helps.
... more
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