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Home Buying in West Hills : Real Estate Advice

  • All53
  • Local Info1
  • Home Buying15
  • Home Selling4
  • Market Conditions0

Activity 15
Mon Apr 11, 2016
Robert Cristino asked:
sale for approx $1,750,000.00...then the price went down...the house was on your site for several months since 2015. I know the house if I saw it....it is sitting on top of a hill in West…
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Sat Feb 13, 2016
Risq11276 asked:
The pictures this particular property was also gone.

The Property that you had in your website last in (10,11, 2/2015) was on a hill in West Hills, California...this home had brick inside…
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Fri Mar 16, 2012
Anna M Brocco answered:
When it comes to any necessary legal advice, it's always best to consult with an attorney who specializes in real estate.
0 votes 6 answers Share Flag
Tue Mar 6, 2012
Sara Mehrpouyan answered:
It sounds like you may want to check with a real estate attorney since you are questioning the dates on the default notice.

If you need information or have questions about Short Sale, feel free to contact me directly or visit www.Short-Sale-Vs-Foreclosure-Help.com.

Thanks,
Sara Mehrpouyan CDPE
Specializing in Short Sale & Foreclosure
Rodeo Realty
Direct 818-903-2040
Dre License #01712757
... more
0 votes 1 answer Share Flag
Thu Feb 9, 2012
Yuri Katz answered:
It is common for lenders to consider any loan of more than 80% a higher risk that requires mortgage insurance. However the price of MI varies between the lenders and their programs. Look into different loan scenarios such as 80% 1st + 5% 2nd loan vs. 85% one loan, etc.

You might get away with tax impounds, although it is a good idea to put aside monthly installments for your property taxes anyway.
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Wed Feb 8, 2012
Yuri Katz answered:
Are you sure you're not confusing "back up" offer with accepted offer, or acceptance of your offer subject to cancellation of previous contract?
Have you put your earnest money deposit in escrow?
Has your escrow even opened?
... more
0 votes 6 answers Share Flag
Sun Jan 1, 2012
Sara Mehrpouyan answered:
Plug in the address at Los Angeles Unified School District - LAUSD school finder website:
http://search.lausd.k12.ca.us/cgi-bin/fccgi.exe?w3exec=schfinder0

Sara Mehrpouyan CDPE
Direct: 818-903-2040
Rodeo Realty
Dre License #01712757
... more
0 votes 4 answers Share Flag
Fri Mar 4, 2011
Gracenmedia answered:
I'm in a similar situation. The REO/Seller requested that we close by 3/9. Now, the asset managers can't find the paperwork and say it could be weeks before they do. In the meantime, my rate lock is good until 3/16 -- and rates are up since I locked!

I think the seller should at least have to discount the difference from my original offer. My agent says that the seller will most likely tell me to go pound sand and refund my earnest check. This isn't fair. In my opinion, the seller is in breach and Im thinking about getting an attorney to enforce the terms of the contract. What does this group think?
... more
0 votes 8 answers Share Flag
Thu Aug 19, 2010
Janey Bishop answered:
If you have a legitimate reason to need 14 days it is possible bank may approve an extension. The banks primary concern is that this is a solid escrow that will close in a timely manner. They put in short deadlines to test the strength of the escrow. If you're solid they will work with you because their top priority is closing the deal. I agree with others that I do inspections asap too. If repairs are needed and might be a dealbreaker you want to know right away. ... more
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Wed Nov 11, 2009
Dot Chance answered:
Ry, you can start by speaking to your agent. After that I would talk to a real estate attorney. As usual, Ken brought up some great points.

Best to you!
Dot
0 votes 3 answers Share Flag
Thu Oct 15, 2009
Rachel Gallagher answered:
Diane,

Here is a great tool to help you find schools in ALL areas:

http://search.lausd.k12.ca.us/cgi-bin/fccgi.exe?w3exec=schfinder0

Rachel
0 votes 2 answers Share Flag
Sun Aug 24, 2008
David Krecker answered:
I also agree with all the comments before. I would entertain strongly looking for another property which is strange why your agents is not doing that. How do you know your offer is a good one? In this market to offer them $5000 more...... may not have been a good move. I am a state licensed appraiser also and what I see is a continuing slide in values down which the lenders are trying to avoid by delaying accepting offers that are low. The lenders are the ones that created this mess, so as a buyer don't jump back in and get duped. Make sure your offer makes sense by working with somone who really understands the current market. Conatct me and I can let you know what I see the property is worth. But shop around...., be ready to move on...,.


David Krecker, BSBA, SRA, MRA
Centuryside Real Estate Inc.
David Krecker
Broker/Owner/State License Appraiser
Office 562-690-6987
Fax: 562-690-7337
Serving the areas of Orange County, Los Angeles County, San Bernardino, and Riverside.

Email: dave@centuryside.com
Website: www.centuryside.com
... more
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Sun Jun 1, 2008
Diane asked:
Tue May 27, 2008
Janey Bishop answered:
Our office is in Woodland Hills and I live in West Hills so you're looking in my immediate area. Depends on the price range. The moderately priced properties probably won't move much lower. Those above $700k may not have bottomed out yet. Find a good property and lock in a great interest rate and a few years down the road you will be congratulating yourself. I say start looking because it will probably take a few months either way.

If you want local help let me know.
.
... more
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