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90249 : Real Estate Advice

  • All5
  • Local Info2
  • Home Buying1
  • Home Selling1
  • Market Conditions0

Activity 22
Sat Apr 6, 2013
Tony Warfield answered:
Hi Meshell,

That is a tough order to fill. I found 1 house in Carson available for $1500/mo 3beds/2bath.

Let me know if you would like some assistance.

Tony Warfield
Associate Broker
3 Leaf Realty
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0 votes 1 answer Share Flag
Wed Jul 22, 2015
Troy Ragland answered:
I work with people who have ITIN numbers who wish to purchase homes in California.
I can be reached @ 714-716-6002.

Troy Ragland
Mortgage Banker
NMLS ID # 358419
United Mortgage Corporation of America.
... more
0 votes 3 answers Share Flag
Wed Dec 5, 2012
Ron Thomas answered:
What does YOUR Agent say; or are you relying on the Listing Agent to represent you?
Remember that a VERBAL contract isn't worth the paper it is printed on!
And the Seller/Homeowner, in a Shortsale, is, at best, a "rubber stamp"; they have no authority.

CITI will play their cards close to the vest, no one has any idea how long, or if it will happen.
This is the nature of Shortsales; I'm sure you've been told this.
The Banks are very uppity lately; they are just as likely to refuse your Closing Cost.

Good luck and may God bless
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Sun Oct 28, 2012
Tony Warfield answered:
Hi Coco,
The process should go much quicker now the short sale has been approved. The listing agent should have already submitted a HUD1 along with any other required documents to the bank so they can determine their net amount they need and give a final approval. Once that happens, escrow should open.

Good luck, hope it works out for you.
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Tue Feb 12, 2013
Lance King answered:
Looks like you are wanting to know about financing. As far as I know, the only lender for foreign nationals is HSBC, but there may be other international banks that do this.

Best Regards,

Lance King/Owner-Managing Broker
DRE# 01384425
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0 votes 6 answers Share Flag
Wed Jul 22, 2015
Elias Anguiano answered:
Very difficult to find these loans now days..Your best bet is to find a private investor.
0 votes 4 answers Share Flag
Sun Oct 28, 2012
Anna M Brocco answered:
At this point, it's really in your best interest to consult with an attorney who specializes in real estate....
0 votes 12 answers Share Flag
Wed Apr 20, 2011
J Mario Preza answered:
Seems a bit contradictory. However, statistics speak loudly about what may or may not affect you, your family and ultimately your buying decision. Keep in mind, though, that if you�39;re buying in any area where there is a history of any high crime statistics, this will affect you on the ultimate re-sale, if and when you decide to do that; which affects your possible appreciation. ... more
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Wed Dec 12, 2012
Angel asked:
0 votes 1 answer Share Flag
Fri Nov 12, 2010
Anna M Brocco answered:
In order to determine a fair value, one needs to be aware of comps--recently sold similar properties in the immediate area, after reviewing the data, a determination on price can be made--do you have an agent, if so what is he/she suggesting---not sure any agent can say if it's a good buy, or not, without seeing the property first. ... more
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Sun Oct 24, 2010
Zmbrennan answered:
Do you still own the home you purchased in 2007 now?
0 votes 5 answers Share Flag
Sun Sep 5, 2010
Deborah London answered:
I'm not sure if you are asking how to find the buyer or how the general process for a lease to own works. It is best to hire a REALTOR and not be a for sale by owner. A good REALTOR will probably even advise you to have the drafted paperwork reviewed by a real estate attorney. This is a more complex transaction than a straight sale or purchase. Contact me if you'd like further info. ... more
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Fri Aug 30, 2013
Deborah London answered:
It's best for everyone looking at specific neighborhoods to investigate for themselves. You can contact the local police or sheriff's office and inquire about the crime rate. Also, look into the schools district of any city you might buy a home in, if schools are of important to you. Good luck in your home search. If you don't have a REALTOR yet, I'd be happy to talk with you and see how best we can work together! Gardena is in my service area. ... more
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Wed Jun 2, 2010
Michael Magaw answered:

Do you already know of a house that is available for a Lease with Purchase Option? Or are you looking for a Realtor to find one?

Lease with Purchase Option brings up many uncertainties. The Option needs to make sense for both Owner/Seller and Tenant/Buyer. There typically needs to be some consideration, such as Tenant pays non-refundable fee (or increased rent) for the Option. This Option gives the Tenant the right to purchase if the market looks good, but there is no obligation.

Have you recently tried getting pre-approved with a lender? If you can qualify now, then you should consider purchasing now. If you cannot qualify now, then you should have a plan for how you plan to get pre-approved before your Option expires.

Also make sure that the current owner is not in default or may go into default before your option expires.

There are many variables to this. If you want further details, feel free to call me.

Michael Magaw
New Homes and Land Brokers
DRE Lic #01384088
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Wed Mar 26, 2014
Shel-lee Davis answered:
Contact me directly. I have one source that works with foreign nationals and is not a hard money lender. They do, however, require 40% down. If this works for you client, I would be happy to make the intro for you.

Shel-lee Davis, CDPE, SFR, QSC
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
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0 votes 10 answers Share Flag
Sat Mar 27, 2010
Dan Chase answered:
Harassment is illegal. Get them a digital camera with a 8 gig memory card. It should have video and sound capture capability. When any such problem occurs record the incident. Then offer the police proof of what happened and when (date on camera when recording) on a cd or dvd. make a copy for yourself. (never give away original proof without keeping a copy)

If the police will NOT respond then take it to the newspaper, and each tv station in town. Expect results once they run with it.
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Thu Apr 23, 2009
Mission Viejo Real Estate by Valorie Stover answered:
You can shop for a new loan but make sure you haven't signed off on your loan contingencies. Check your purchase contract to see how many days you have on that. Have you and the seller intered escrow. Talk to you agent right a way. ... more
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Tue Feb 17, 2009
David Chamberlain answered:
Normally distressed sales are not used but most of the market is distressed at the moment. They might have been foreclosures but were they similar to your home? Why are you selling in a down market, Maybe your home is a distressed sale? ... more
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Sun Mar 28, 2010
Jann Patterson answered:
It depends on the comparible sales in the area, length of time on the market, condition of the property, availability of similar properties, availability of other properties that you like and that meet your needs. If the property is priced right (average of sold comparibles) and the condition is in the top 50% of properties on the market then a reasonable offer is 3%-5% under asking. If the market is very slow in your area and the property has been on market a long time with declining values then 15% under market comparibles is not unreasonable. On the other hand, if the market is healthy, the property is priced well, the condition is good to excellent and it's just what you want you should pay asking price. ... more
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