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Home Buying in 90210 : Real Estate Advice

  • All110
  • Local Info23
  • Home Buying44
  • Home Selling6
  • Market Conditions2

Activity 54
Wed Feb 18, 2015
Andrew Belcher answered:
Hi Jeff,

I would recommend consulting Mark Swink at "Swinks Creations" (www.swinkscreations.com). His office is not in Beverly Hills, but he's been doing landscaping for years... I've known him for almost 20 years. Great man, family man, ....wouldn't hurt a fly. Check out his work online. Awesome work! Let 'em know that Andrew Belcher sent ya...

Thanks,
... more
0 votes 7 answers Share Flag
Fri Apr 12, 2013
Fred Nabati answered:
The buyer might have had a lower interest rate placed in the offer and the seller raised it to better the chances of closing in the seller's favor
0 votes 9 answers Share Flag
Thu Jan 2, 2014
Suzanne MacDowell answered:
I don't work in California, so I can't speak to Redfin specifically, but I have watched several discount brokers go out of business completely here on the East Coast. I guess it depends on what you want in a realtor. If you are willing to do most of your own work, then go with the discount folks, but don't go crying when you get short changed. But, remember, you get what you pay for. I have found buyers save more by going with a full service realtor than they do by going with a discount brokerage. Kind of like a For Sale By Owner that thinks they will save money by not paying a commission, but, on average gets far less for their home than they would have if they'd paid the commission in the first place. It's your call, but you need to consider all the implications, not just rebates. ... more
0 votes 28 answers Share Flag
Sun Jan 27, 2013
Jane Peters answered:
Beverly Hills Post Office is 90210, not a part of the city of Beverly Hills, but with the same zip code. So all the city services are provided by Los Angeles.
0 votes 6 answers Share Flag
Wed Jul 31, 2013
Shanna Rogers answered:
Hi Pattymatt2003,

In most short sales, the seller/bank will not pay for termite repairs or any repairs found during your home inspection. However, you can always ask for them if they are safety issues - especially with the price you are paying for the house. I would have your Realtor do a Comparative Market Analysis (CMA) on the property using SOLD comps within a 1 mile radius of the property (the closer, the better) that have SOLD within the last 3-6 months. This will give you current market value - this is what you should base your offer on, not on list price (unless it's the pre-approved price set by the short sale lenders). Have your Realtor submit a WPA (Wood Destroying Pest Addendum) with your offer asking seller/lender to pay for Termite inspection and if you want, ask seller/lender to pay for Section 1 repairs (safety items). Have your Realtor ask for you each to pay your own escrow costs. Most likely, they won't pay for a Home Warranty but I've had them do it so it's up to you if you want to ask them to pay for it. (A good Home Warranty will be less than $500). Have your Realtor ask seller/lender to pay for sellers Title Insurance. You can definitely have a loan contingency and I would highly recommend one. Commission (both seller's agent and buyer's agent) is usually paid by the seller/lender (even in a short sale). Have your Realtor do the SSA (Short Sale Addendum) with your offer. So, when you submit your offer, submit the RPA (purchase agreement), SSA (Short Sale Addendum), WPA (Wood Destroying Pest Addendum), Pre-Approval Letter for your loan, Proof Of Funds (copy of bank statement with account blacked out), and a copy of your Earnest Money Deposit Check.

Good luck.

Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
0 votes 11 answers Share Flag
Wed Aug 13, 2014
Cindy Davis answered:
Typically, in my city, when there's a cash buyer, we have to show 'proof of funds.' Print off an account balance that shows your name, cross out any sensitive account informationm and send that to the listing agent. That should do it. ... more
0 votes 21 answers Share Flag
Sat Jan 12, 2013
Jodie Francisco answered:
You never know what a seller will accept until you put your offer in writing and show them your qualifications. For instance, a seller may accept less money if your offer is very clean and straightforward, all cash with favorable terms. However if the seller has other motivations for selling then other terms may be more enticing to them. Speak with your realtor who will be able to craft the best possible offer based on what they know and what they can find out from the listing agent. In real estate, nothing is nothing until it's in writing. Good Luck! ... more
0 votes 4 answers Share Flag
Wed Aug 13, 2014
Endre Barath answered:
Hi Hope , There are Property Taxes on every purchased home and it is based on the Purchase Price. Home Owner Dues are for Condominiums or if the home is in a gated community and that varies by ammeneties. If this does not answer your question, then please reach out directly.

Endre Barath,Jr.
Prudential California Realty
Beverly Hills, CA
homes@endrebarath.com
310.486.1002(m)
... more
0 votes 13 answers Share Flag
Tue Dec 4, 2012
Jane Peters answered:
The buyer's appraisal has nothing to do with the length of the short sale per se. The length is due to the wait for the seller's lender to approve the sale. Once that is done, then the buyer will start the loan process which effectively should involve an escrow of around 30-45 days. That is the quick version. ... more
0 votes 7 answers Share Flag
Fri May 30, 2014
Susan Bo'ur answered:
This is not currently listed. It has expired.
Please let me know if you have any further questions.
Best,
Susan Bo'ur
Realtor/Coldwell Banker
Susan@BeverlyHillsLuxuryFlats.com ... more
0 votes 8 answers Share Flag
Mon Nov 5, 2012
Jane Peters answered:
Basically the counter picks up all the terms of the original offer. In this market we see many purchase offers expire but negotiations continue. Often the agent countering will extend the offer. Don't worry, the counter offer is not a new offer, just an extension of the first one. ... more
0 votes 7 answers Share Flag
Sun Oct 7, 2012
Staci Siegel answered:
Il ya 36 appartements à deux chambres en vente à Beverly Hills en ce moment et ils sont au prix de 600.000 dollars à 13 millions de dollars. Si vous souhaitez en parler en dÃtail, s'il vous plaît écrivez-moi à staci.siegel @ evusa.com. ... more
0 votes 2 answers Share Flag
Mon Oct 8, 2012
Susan Bo'ur answered:
Fri Dec 4, 2015
Michael Cheng answered:
Well, the answer depends on how much leverage you need. In your situation, you should get a 5 year fixed rate conventional loan. It'll be much lower cost than FHA.
0 votes 6 answers Share Flag
Sun Sep 30, 2012
Susan Bo'ur answered:
Good morning,
Please contact me directly. I'm happy to address all your questions and concerns.
Best,
Susan Bo'ur
Coldwell Banker
Susan@BeverlyHillsLuxuryFlats.com
0 votes 3 answers Share Flag
Sun Sep 16, 2012
Ron Thomas answered:
With UCLA, USC and many other Colleges and Universities close by;
Yes there are many within commute.
0 votes 3 answers Share Flag
Tue Aug 14, 2012
Bob Hurwitz answered:
Hi and welcome to California. Step one would be to know your price range and that will narrow down where you would be likely to find your most suitable home.

Bob
0 votes 8 answers Share Flag
Sat Oct 6, 2012
Andrew Belcher answered:
Hello Raj,
Please give me a call. If I can get the address from you I can find out what's going on with the house.

Thanks,

Andrew Belcher
Broker Lic. 01707173
310-734-8299 office
805-587-6577 cell
805-620-3777 fax
... more
0 votes 6 answers Share Flag
Tue Jul 3, 2012
Endre Barath answered:
Great Location good living square feet. What is your concern? Please send me a private email to discuss further.
Endre Barath,Jr.
Prudential California Realty
Beverly Hills,CA
homes@endrebarath.com
310.486.1002
... more
0 votes 4 answers Share Flag
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