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Torrance : Real Estate Advice

  • All232
  • Local Info9
  • Home Buying72
  • Home Selling6
  • Market Conditions3

Activity 223
Dorene Slavi…, Real Estate Pro in Torrance, CA
Thu Oct 31, 2013
Dorene Slavitz answered:
I'm sorry to hear you are having such trouble. An additional 60 days is a long time, so normally an owner will pay a rental fee for the days remaining in the home. This would have helped you with the storage costs, etc.
Talking to the Broker in Charge (of the office your agent works in) should go a long way toward solving your problems! I would do this today and see where you are after that.
If you feel this is getting into a legal issue, it would be worth a brief consultation with a local Real Estate Attorney to discuss your options. You have signed a contract, and there are remedies and penalties for breach of contract, just as you would have been bound by the terms of the contract. It's best to know your rights, so you know where you stand.
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C. Lee Miller, Real Estate Pro in Rancho Palos Verdes,...
Mon Oct 28, 2013
C. Lee Miller answered:
Good Morning,

As the others have answered, would love to assist you in finding a place in Torrance midway between 190th and Western down to the San Pedro area and around Western Ave.

Taking a shot at the area you inquired about there are 11 possibles with 2 Bedroom and 1.5 or more Baths available ranging from $1,550 up to $2,450 per month.

Would need more information from you in order to expand this list or reduce it to help you find where you would like to find a home.

Give me a call, toll free 877-645-4110, or drop me an email, CLee@CLeeHomes.com, and I would be more than happy to work with you to find a home that would fit your needs.

Respectfully,

C. Lee Miller - Broker Associate
CA BRE Lic# 01882648
Keller Williams Realty LA Harbor
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0 votes 3 answers Share Flag
Daniel Kim, Real Estate Pro in Signal Hill, CA
Mon Oct 21, 2013
Daniel Kim answered:
Hi Vera,

Hope your search for a rental in Torrance that allows dogs is going well. Most schools in Torrance Unified are top-rated schools and I know many people rent in Torrance just so their children can go to South High, West High, etc. Check them out at http://www.tusd.org/Schools/tabid/413/Default.aspx.
Let me know if you have any questions about the South Bay and good luck!


Daniel Kim
Century 21 Action!
562-760-1032
http://www.century21action.com/DanielK
BRE# 01941173
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South Bay Ho…, Home Buyer in Torrance, CA
Fri Oct 18, 2013
South Bay Home Buyer answered:
All
Thank you for input.

Lee. We have already had the appraisal done (value was fine), inspection, loan is approved. This whole rent back request came in after everything was already in motion. It was never part of the counter we accepted. I could allow for some days to give them time to move. But my agent told me they will be sending an addendum stating out by the 16th or sooner. This definitely jams us up. Plus I dont like the "or sooner". I want a firm date of the 9th. I havent accepted anything, but am I at liberty to define the date, price per day, deposit?
The seller has their own agent. Through this process it doesnt seem like the list agent has a handle on their client because after we've already opened escrow, abided by all of their counter requirements (EMD, escrow period, credits) all of a sudden the seller doesn't like them... After we've all signed. $ has already been spent.
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0 votes 7 answers Share Flag
C. Lee Miller, Real Estate Pro in Rancho Palos Verdes,...
Wed Oct 2, 2013
C. Lee Miller answered:
Hi Claire,

I have made a video and a slide show of the home in the Horizons Condo this I viewed this afternoon. I have attached a link to my website where they are located for you to watch. Take a look and let me know if you have any questions or would like to set a day and time to see the home in person.

Respectfully,
C. Lee Miller
Broker Associate - Keller Williams Realty LA Harbor
CA BRE Lic# 01882648
877-645-4110
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1 vote 4 answers Share Flag
Paul Watkins, Real Estate Pro in Walnut Creek, CA
Tue Oct 1, 2013
Paul Watkins answered:
Hello Kennedy,

We have a bank backed program with reasonable rates that will allow for a short-sale, foreclosure or deed in lieu with no seasoning involved. This is not the FHA "Back to Work" program.

We call it our 2nd Chance / Expanded Criteria loan. It requires 20% down for loan amounts up to $1MM and a 660 credit score.

If you are interested in learning a little more feel free to reach out to me.
Paul.Watkins@PacTrustBank.com
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0 votes 14 answers Share Flag
Michael Magaw, Real Estate Pro in Torrance, CA
Sun Sep 22, 2013
Michael Magaw answered:
Trulia Custo…, Real Estate Pro in San Francisco, CA
Sun Sep 22, 2013
Trulia Customer Service answered:
Hi Cireyoung! Carol at Trulia here. I see you have done a great job adding your Owner Information to the property record for your address! Please note that the previous sale information we display for each property is obtained from information made publicly available through the County Assessor's office. Unfortunately, we do not have control over the content of this information, but until we receive the updated public records, we can block this information.

If you have additional questions, please contact us at http://www.trulia.com/help/ask/ or call Customer Service at 1-888-466-3501.
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John Arendsen, Real Estate Pro in Leucadia, CA
Sun Sep 8, 2013
John Arendsen answered:
Personally, I would pull out of this deal as fast as you can. With no escrow you have no way of knowing if there are any liens on the MH. Additionally, how old is it? If it was built before June 15, 1976 it's a PRE HUD home and unless it's sitting in Paradise Cove in Malibu it's worthless. if you need some sound and experienced advice give me a call at 760 815-6977 or email me at onthelevel@cox.net. Something smells here. ... more
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Xavier and X…, Real Estate Pro in Redondo Beach, CA
Thu Sep 5, 2013
Xavier and Xavier answered:
Please visit www.torrancehomeseller.com for all the latest Torrance houses for sale and personalized one on one service with Sam and Bindu Xavier RE/MAX Estate Properties Torrance! 310-866-7598 Thanks, SAM ... more
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Michael Magaw, Real Estate Pro in Torrance, CA
Thu Sep 5, 2013
Michael Magaw answered:
If you like the condo, you might want to consider buying. It may be more affordable than you think. It may be around the same monthly expense to purchase as it is to lease. I have helped many people purchase homes that required little down payment and the monthly expense was actually less than what they would pay for a similar rental. ... more
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Michael Magaw, Real Estate Pro in Torrance, CA
Mon Aug 19, 2013
Michael Magaw answered:
I know of a couple of options that are close to what you are looking for.

I can email you the information once you call or email me your information.

Michael Magaw
310.259.6850
m@nhlbrokers.com ... more
0 votes 2 answers Share Flag
Howard Curry, Real Estate Pro in Chino Hills, CA
Thu Aug 1, 2013
Howard Curry answered:
Janet, I also agree that there are many good comments provided below.

This is a legal question and you should consult with a real estate attorney.

Please note that you mentioned a lien – a lien is a notice attached to your property telling the world that a creditor claims you owe it some money. A lien is typically a public record. A lien is not recorded on equity but, on the property itself.

Separately, if you had work performed by a contractor to improve your property (i.e., Kitchen remodel, room addition, etc), that contractor may file a mechanic’s lien against your property if the work performed was not paid in full (again, it has nothing to do with the equity).

Title & mortgage are two separate issues and the previous comments provided the appropriate response.

It cannot be over emphasized that there are many unknown details related to your situation that has to be considered. The bottom-line is that if your name is on the mortgage - your home and your credit is likely at risk if the mortgage is not paid.
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0 votes 12 answers Share Flag
cjigar, Home Buyer in Torrance, CA
Thu Aug 1, 2013
cjigar answered:
Thank you everyone for your answers. I really helped.
0 votes 4 answers Share Flag
Laura Feghali, Real Estate Pro in Stamford, CT
Wed Jul 31, 2013
Laura Feghali answered:
Hi Kevin,
If you post a question on the site then a member will respond right on the site under your question. You will receive an email alert that someone has responded and that message will provide a link back to your question for you to view the response.

Hope that helps!

Laura Feghali
Prudential Connecticut Realty
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Cheryl Fried…, Real Estate Pro in Rolling Hills Estates,...
Mon Jul 22, 2013
Cheryl Friedman answered:
Christian-

Good afternoon, Have you had any luck with rentals so far?

If not please feel free to send me an email or give me a call. I will send you homes, condos, townhouses in Torrance and surrounding areas that we can view together.

Also, just a quick tip, a lot of homeowners do not list rentals with agents they will post rentals through the local news papers, Westside rentals, craigslist or other rental websites. I would suggest finding a REALTOR that will not only help you with finding listed rentals but one that will still assist you in putting strong offers together on homes that are not listed on the MLS.

Thank you and have an exceptional day!

Cheryl Friedman
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Cheryl Fried…, Real Estate Pro in Rolling Hills Estates,...
Tue Jul 16, 2013
Cheryl Friedman answered:
Good afternoon,

Ideally working with a REALTOR is the best place to start. They can help you not only find what you are looking for but also help present you to the landlord favorably.

If you decide to look on your own I know Westside rentals and craigslist are common areas landlords do list properties. Beware of scams on Craigslist, never wire money to an "out of area" landlord and if its to good to be true it likely is a scam. Westside rentals is more legitimate but they charge a fee.

Also, even if the listing says no pets it never hurts to ask. Especially if you leased prior and you can provide a letter from your previous landlord stating your pets are well behave.

Hopefully, these tips can help you and you can also call or email me for more info.

Have an exceptional day!

Cheryl Friedman
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Cheryl Fried…, Real Estate Pro in Rolling Hills Estates,...
Mon Jul 15, 2013
Cheryl Friedman answered:
Good afternoon,

I just wanted to follow up with you, how is the search going? Its been a couple months since you first inquired about a home. During this time rates and purchase prices have been moving higher it seems each day, however, more and more homes are coming on the market too. It's still a great time to buy!

If you haven't found the right place don't get discouraged. The right home is out there still. Maybe now it's time to re-evaluate your strategy. If you are still not working with an experienced REALTOR now is the time. I have a proven system of getting my offers accepted in multiple offer situations.

If you have already found a place, Congratulations and welcome to Torrance!

Thank you for your time and have an exceptional day!

Cheryl Friedman
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0 votes 10 answers Share Flag
Kennedy O'Re…, Other/Just Looking in Torrance, CA
Wed Jul 10, 2013
Kennedy O'Regan answered:
First he needs to get his NMLS license. without that, he cannot originate loans. There are educational and other requirements. It takes some time. To start, go to the NMLS website and read through the information. If you have any questions, call them up. I have found them VERY helpful. The phone number is on the website and the website link is below.
Lastly, you will need to link your NMLS license to whatever company you will originate loans with, whether it is your company or one you work for.


http://mortgage.nationwidelicensingsystem.org/Pages/Default.aspx
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