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90015 : Real Estate Advice

  • All21
  • Local Info1
  • Home Buying5
  • Home Selling2
  • Market Conditions1

Activity 2,643
Sun May 5, 2013
Tony Norohian answered:
Just ran a search for you. The MLS has 66 places for rent in West Hollywood. What price range are you looking at and how many months deposit can you pay upfront? Two weeks ago I helped someone in a similar situation find a place. I'm sure, given the chance, I could help you find a home too!

Warmly,
Tony Norohian
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0 votes 4 answers Share Flag
Mon Apr 1, 2013
Ron Escobar - Local Expert answered:
I would try checking out www.westsiderentals.com they pretty much dominate the online rental advertising for lower priced properties (under $5K)...

Beware of advertisings that claim something is too low to be true... there are a lot of scams where people from outside the US, notice a property is for sale and they advertise it for a very low rent... just to get deposit money and defraud others.

Ron
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0 votes 2 answers Share Flag
Fri Mar 14, 2014
Tony Norohian answered:
House seems to be available to buy but not listed to lease. The asking price is only $374,900 and with rates today I imagine that a $11,000 down payment and a 30 year fixed loan would result in a mortgage payment of about $1,600/month. Also, I wonder if the seller would consider leasing it to you instead of selling it. Shall we find out? Give me a call.

Respectfully,

Tony Norohian
Investor Choice Realty
310 210 9070
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0 votes 5 answers Share Flag
Fri Mar 29, 2013
SERGEY FEDNOV *** 424-777-9377 answered:
Here's some houses for sale near by Hilgard - Westwood, holmby Hills, Bel Air area.

Click the following URL to see the Listings:
http://tinyurl.com/cz3un9o

Hope this info will help you!



____________________
Help with Any Real Estate Transaction - Buy or Sell

Call me 424-777-9377 - FREE CONSULTATION!


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.


Sergey Fednov
President - Realtor®
- Trust Sale Realty -
Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925 http://www.TrustSale.com http://www.TrustSaleRealty.com
- We Hire CA Licensed Real Estate Agents -
Lic# 01896869
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0 votes 2 answers Share Flag
Thu Mar 28, 2013
carlos parrague answered:
Too many variables.
Have you checked with the City? Is it allowed? Will you have to do additional site work to add parking?
Will it require sprinklers?
What material for outside walls? Masonry, steel stud and stucco, other?
What type of roof?
Are you including any light and/or power in your definition of shell?
How about a bathroom or just extension of plumbing?
Is the addition to the front, side or rear of the building?
The entire building will probably have to be brought up to code, do you also include that in the price?
Give me a call, I can work design/build with you to minimize your cost.
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0 votes 1 answer Share Flag
Tue Apr 2, 2013
carlos parrague answered:
Approval for what? A loan?
Assuming you have gotten a pre-approval letter, the property appraises at the sale price then the loan may take anywhere from 20 to 60 days for final approval depending on the Lender ... more
0 votes 8 answers Share Flag
Sat Mar 30, 2013
Ray Fernandez-Silva answered:
Please have the tenant sign you an agreement bonded by the seller to protect yourself and have the seller also issue a tenancy termination to the tenant with 60 days minimum

If I need to refer you over to another expert in Tenancy Contracts, feel free to reach out to me 562-754-3469 or email Mr88RayFernandez@yahoo.com ... more
0 votes 9 answers Share Flag
Mon Feb 17, 2014
carlos parrague answered:
Possibly. Contact and work with a reliable agent. Although it may be just as costly as staying at an extended stay hotel which will be more convenient and have maid service!
0 votes 6 answers Share Flag
Thu Mar 28, 2013
Nicolas Romo answered:
Eventually, you'll either receive a notice in the mail from the bank or a flyer from a real estate agent and/or someone will knock on your door offering foreclosure help. If you want to find out sooner, go to your local title company and ask if they can run a title profile report on your rental. In most cases, the title profile report will show if there is any foreclosure activity.

Nicolas Romo
562-373-5120
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0 votes 8 answers Share Flag
Fri Mar 29, 2013
Robert Chomentowski answered:
It can be harder because unfortunately many listing agents are misinformed about VA loans. The only difference with a VA loan is you need a termite clearance. There is NO other difference from a 20% down conventional loan. VA loans are not any slower and do not require any more repairs then a conventional loan. Try to have your buyers agent get this across the listing agent. It's a shame what is going on out there with sellers not taking VA offers. ... more
0 votes 10 answers Share Flag
Thu Mar 28, 2013
Walter 'Skip' Kersten answered:
I assume you mean the trustee sale was postponed. The bank that owns the mortgage has instructed the trustee to postpone the sale. This is very common. Therefore, the current owner still owns the home.
Good luck,
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0 votes 4 answers Share Flag
Fri Sep 4, 2015
Staci Siegel answered:
Hello There,

Your agent is correct to say that a lot of escrows close before the 9A is delivered but that doesn't necessarily mean you have to close before the 9A is delivered. If your contract states that the seller is required to deliver it to you by a certain date then you have every right to wait to close until you receive it. If your contract does not specifically require the seller to deliver the report to you then you have to close. But also realize that you can keep from closing by just not closing. The seller would then have to serve you with a document called Demand to Close. At that point you would have to close within 3 days after that document is delivered to you. The third day can't be on a holiday or weekend. At that point if you didn't close the seller could cancel the sale, potentially keep your deposit and sue you for damages. If you legally don't have to close because the seller hasn't fulfilled the seller's obligations then the seller couldn't serve you with a Demand to Close.

Don't do anything you don't feel comfortable doing. If your contract allows for you to wait to receive the 9A and that is what you want to do then you should wait.

Good luck with everything.

Kindest regards,
Staci
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0 votes 4 answers Share Flag
Wed Mar 27, 2013
Guy Gleason answered:
HI Pathmasiri

i figured you meant sellers agent.
me being a listing agent ( sellers agent ) here is what i know .
Inventory is scarce right now,,so the element of "supply and demand" is a driving force to raise prices, there are some very big fish out there as far as investor groups and individual investors who want to pay all cash and scoop up properties and either flip or buy and hold for awhile.
I recently had a listing in Bellflower, short-sale, and got 9 offers all cash within 48 hours.
So with that, it becomes a bidding war..................
sort of like a foreclosure auction somewhat, so as a listing agent, if yoiu have 5 offers at all cash full list price AND the investor wants you to represent both sides ---meaning the agent can double his commish..............that is hard to turn down...
so then the listing agent might get back to other offers that are close and ask if they want to go higher.

this is the current game out there.

hope this helps

Thanks
Guy Gleason
Equitable Real Estate Group
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0 votes 5 answers Share Flag
Fri May 10, 2013
Dorene Slavitz answered:
Dear Pathmasiri,
Buyer Agents are working with buyers. they are not playing games or dumping any offers. They are not in the position to make final decisions on offer acceptance.
My advice is to get a good Realtor to work for you if you are trying to purchase property. ... more
0 votes 4 answers Share Flag
Thu Aug 1, 2013
lendersnetwork answered:
I specialize in all types of loans from rent to own, owner finance to sub prime loans. Go to my site or call me 213-935-0732 - www.thelendersnetwork.com at a 590 your not too far off depending on the types of accounts holding your scores down.. Let's talk..

Randy
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0 votes 12 answers Share Flag
Mon Apr 1, 2013
Staci Siegel answered:
The first thing you need to do is speak to a mortgage broker or a direct lender. That person will look at your financials and credit history and tell you how much house you can afford to buy. If a determination is made that you can afford to buy, the mortgage broker will give you a letter called a pre-approval letter. That letter explains to any seller that you've been approved for a loan up to a certain amount.

You would submit that letter with any offer to buy a property. Without a pre-approval letter from a mortgage broker it is unlikely that any offer you made on any property would be accepted.

If you would like some referrals to a few mortgage brokers and lenders feel free to send me a private email.

Good luck!
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0 votes 15 answers Share Flag
Mon Jul 27, 2015
Staci Siegel answered:
Hi JJ,

It takes an average of 45 days from the day your offer is accepted until the time you close. There are variables that might make the time shorter or longer. For example if you are paying cash for the house you could own the house in ten days. The loan is what always takes the longest.

One thing to note is that inventory is really tight right now and it is not easy to find a house to buy. Finding the home will most likely take longer than the purchase process.

In what city are you looking? I could help you if you're looking in my areas. And I might suggest you rent a place for at least six months because it could take that long for you to find something.

Good luck and welcome to Los Angeles!

Kindest regards,
Staci
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0 votes 10 answers Share Flag
Mon Mar 25, 2013
Cindy Davis answered:
The offer is only valid when you acknowledge the seller's acceptance in writing. Even then, you have a 17 day inspection period during which you can cancel.
0 votes 12 answers Share Flag
Mon Mar 25, 2013
Brian Byhower answered:
There are many different types of crimes, from crimes against persons to victimless crimes and violent crimes to white collar crimes, even crimes of passion. There, now you know the different types of crimes. Any other questions I can help you with? ... more
0 votes 6 answers Share Flag
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