Trulia Community - Advice from neighbors and local experts

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

92508 : Real Estate Advice

  • All24
  • Local Info1
  • Home Buying17
  • Home Selling0
  • Market Conditions4

Activity 24
Mon Jan 30, 2017
answered:
Hello Patti, you can click the flag link by the listings and they will address it. Are you looking to buy or rent?

The rentals in 92508 zip code start from $1,239 for 1bd 1ba 681sf apt, $1,530 for 2bd 1ba 839sf apt and the single family homes start from $1,795 for 3bd 2ba 1,750sf home.

The purchase in 92508 zip code start from 275k for 3bd 2ba 1,424sf single family home.

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 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 you want to buy 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.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/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 1 answer Share Flag
Thu Sep 15, 2016
Angelica P answered:
Hi,

We can do it on your behalf. Can you please provide the name of your Agent whom you submit the review and also the email address that you used to submit it?

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Sun Jul 26, 2015
Stefan answered:
Simply list it on Owners.com and then Trulia will pick it up, and they will pass it on to Zillow
0 votes 4 answers Share Flag
Mon Jun 2, 2014
Elizabeth Salgado answered:
Mon May 12, 2014
Jason McIntyre answered:
Dear Ty,

Appraisers have the option of adjusting for condition. As a common example, suppose a comparable property is 150sf smaller than the subject property. The appraiser would estimate the value of the additional square footage and adjust the value of the comparable upward to come to an opinion of value on the subject.

Similarly, If the foreclosed comparable had missing fixtures or drywall damage, the appraiser would adjust the comparable price upward to come to an opinion on the value of the subject property.

In a perfect world there would be several properties similar to the subject in location, size, and condition. Since it is not perfect, we rely on the professional opinion of the appraiser.
... more
0 votes 12 answers Share Flag
Mon May 12, 2014
Jason McIntyre answered:
Dear Jentsmail,

I have sold over 60 bank owned homes in the Riverside area thru banks including Bank of America, Wells Fargo, and Chase to name a few. In my experience, there is no magic formula to get the bank to accept and offer. They will look at the offer and compare it with the Listing Agent's Broker Price Opinion (BPO) as well as the appraisal that was obtained prior to listing.

They will take into account the days on the market and if there have been any other offers on the property. They will also consider any concessions you may be asking for including asking the bank to pay for your closing costs. The bank looks at the net amount they will receive after taking out any concessions from your purchase price. If that meets their needs, they will accept your offer. If it is less than they need, they will counter back to try to get their net amount.

I hope this is helpful. Please feel free to send any additional questions and I will be happy to assist you!

Sincerely,

Jason Shawn McIntyre, Broker
... more
0 votes 18 answers Share Flag
Mon May 12, 2014
Jason McIntyre answered:
Dear James,

You can always search the MLS at my agent website. Just click http://www.jasonshawnmcintyrebroker.com/search-homes.asp and you will be able to search parameters including square footage, bedrooms and baths, and of course price.

More advanced searches such as "swimming pool" must be done from the agent side of the portal. From our side we can even search "Private, In Ground, Above Ground, or Association" for example. We can also search for spas, views, single story homes, etc.

It is best to recruit an experienced real estate broker to help you find the perfect home. Keep in mind that the buyer's agent's commission is paid by the seller so our buyer's agency does not cost you a thing, and yet it opens up the opportunity to search more homes and you get the assurance that your escrow will move along smoothly with the help of an experienced professional.

I always recommend using a buyer's agent to all my clients. I hope this helps!

Sincerely,

Jason Shawn McIntyre, Broker
... more
0 votes 6 answers Share Flag
Fri May 9, 2014
Jason Mcintyre answered:
Orangecrest has many desirable neighborhoods within its borders. "Orangecrest Country" is just off of Trautwein and offers great homes ranging from 2,000 to about 4,200sf. This neighborhood is centrally located in Orangecrest and is near a Orange Terrace a Community Park. ... more
0 votes 9 answers Share Flag
Wed Sep 4, 2013
JAMES COTTRELL answered:
Hello,
Public auctions are very interesting. I can certainly point you in the right direction. Registering is a simple process which typically requires a cashiers check for deposit and proof of funds as most auctions are cash only. Please feel free to contact me and I can explain the process in more detail.
James 951-662-1576
... more
0 votes 1 answer Share Flag
Sun Aug 19, 2012
Ruth and Perry Mistry answered:
Hi Darcy or Tim

The best option for the family is a Short Sale, prudent to start the process right away.

However, if the home Sells then they have to move out and will receive no money from the sale and will
Likely be homeless or need to seek Homeless Assistance right away.

If they wait for foreclosure it is likely they will be able to stay in the home
For a few months, but at some point in say 3 - 6 months they will be forced to move out after
Foreclosure.

Good luck.
Perry
... more
0 votes 7 answers Share Flag
Sun Aug 12, 2012
William Halatsis answered:
As long as it has not yet gone to auction there is a chance. Very fluid situation, changing constantly but worth looking into. You have rights and power...possession is nine points of the law. ... more
0 votes 6 answers Share Flag
Mon Jul 9, 2012
Leanne Austin answered:
The Mission Ranch area of Riverside is as you've pointed out close to March Air Force Base (March Reserve Base), however the area would typically attract move up buyers. If you are truly speaking of Mission Ranch proper, this area carries some very high mello-roos.
I would imagine that if property that you are speaking of is undeveloped, then you may be in a rural area just on the outskirts of Mission Ranch. If that is the case, then you would be looking at a much more broad range of demographics.
There you will find home buyers looking at a variety of uses for the property, from low entry level home to horse property.
Dependent upon the exact location, I can assist you with the specifics of the area. I also have a client that has been looking for a special use home in the area and that may be the perfect client for a custom build for you.
Please contact me directly and I help you though the specifics of the neighborhoods so that you can determine your best scenario.
Leanne Austin
Keller Williams
dre 01444578
951.205.2657
LeanneAustinRE@gmail.com
... more
0 votes 4 answers Share Flag
Mon Oct 4, 2010
Bob Movin-On answered:
If you are asking this as a hypothetical question then we all know the answer NO , but Appraisers are required by law to follow strict standards and foreclosure properties do get factored in especially in areas where normal comparables are hard to find.

Bob Patrick
Buy a home after foreclosure expert
... more
0 votes 9 answers Share Flag
Thu Feb 4, 2010
Scolosimo answered:
Well we were able to get the auction postponed one month while we list the house for short sale. We dont want to move and we dont want to lose our home, but the bank is unwilling to work with us even though we qualify for Obama's HAMP program guidelnes. Our lender sucks! They have dragged their feet and given us the run around for over a year. We did everything they asked us to do and still deny us. We have been left with no option but to short sale and save our credit. thanks for all the advice and help. ... more
0 votes 15 answers Share Flag
Wed Feb 3, 2010
Jane Grant answered:
Listing prices on Bank Owned Homes are accurate as per the Broker Price Opinion, BPO, that the bank does to price the home. However, if there is a lot of competition for that house obviously the bank will take the highest cash offer. ... more
0 votes 8 answers Share Flag
Sat Dec 5, 2009
Jed Lane answered:
Setting the listing price is an art not a science. As we go through aour daily work we see pricing all over the board, too high and too low. Sometimes there is strategy involved but many time it really appears that there is very little market knowledge.
If you are a buyer it is important to work with an agent that follows the market closely or you need to do it yourself. By that I mean looking at what the sale prices are no the asking prices.
... more
0 votes 3 answers Share Flag
Wed Oct 28, 2009
Tristan Celayeta answered:
I slipped!!

Do follow Jenny's link to HopeNow.com. Since you've just begun short sale you may have more options.
0 votes 5 answers Share Flag
Fri Apr 24, 2009
Jory Blake answered:
Hi Menyoo, I am local to the area (92506) and promise to dedicate my time to finding the perfect home for you. I have lived and done business here since 1982. Are you looking for the largest home for your money? Income property? I have up date info. Ask me about the NEW first time buyer program that few are aware of. It will be worth it!!

Thank you,
Jory Blake
California Homes by Jory
... more
0 votes 6 answers Share Flag
Tue Mar 17, 2009
Jonas Kruckeberg answered:
Hi Michelle,

Short refinances definitely need a professional's assistance. I'd be happy to discuss this with you. Josh Painter mentioned me in a recent post.

Also, I will be hosting a seminar on loan modificaitons, short refinances, short sales and litigation with an Attorney Partner of mine in April at a venue in Temecula, CA. When we talk I'll send you the information. ... more
0 votes 3 answers Share Flag
Tue Jan 20, 2009
Marty S answered:
Yes, they normally are. Lenders consider an Investment property to be a risky purchase, and therefore they loan at higher rates to compensate for the risk.

I am a mortgage broker. If I can be of service, please let me know!

Martin Smith

Precision Funding
877-238-6324 Ext 704
513-536-7184
877-238-6324 FAX
MSmith@PrecisionFundingUSA.com
http://www.PrecisionFundingUSA.com
... more
0 votes 9 answers Share Flag
1 2
Search Advice
Search

Followers

342