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Home Buying in 90263 : Real Estate Advice

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Activity 26
Mon May 27, 2013
Jamie Tian answered:
Hi,

I would be happy to help you find a vacation rental in Malibu!

What time period are you looking for and what is your price range?

Please send me your email address and property needs to JamieTian@RodeoRE.com or call/text me at (310) 717-1321 and I will forward you a list of available properties for lease this summer in Malibu that fit your search criteria at no cost.

Best,

Jamie Tian
Rodeo Realty Fine Estate
(310) 717-1321
JamieTian@RodeoRE.com
DRE #01920120
... more
0 votes 5 answers Share Flag
Thu Jan 31, 2013
Katherine Berlyn answered:
Hi Emma,

This is possible depending on the property. Are you currently working with a Malibu agent that can advise you on homes and rental amounts in the area? I specialize in Malibu.

Give me a call and we can discuss your investment.

(310)880-8977

Best,

Katherine
... more
0 votes 9 answers Share Flag
Wed Mar 20, 2013
Tim Moore answered:
Thu Apr 11, 2013
Endre Barath answered:
The biggest restrictions in Malibu are hillside ordinance as well as coastal commission if the land is inside the zone. This is where the bulk of the time and cost come into play hence your financial saving if wanting to build inexpensively is mitigated. To be sure check with the Malibu Dept of Building.

Should you need more information. Please contact me directly : homes@endrebarath.com

Endre Barath,Jr.
Prudential California Realty
Beverly Hills, CA

310.486.1002
... more
0 votes 10 answers Share Flag
Mon Oct 6, 2014
Allison Ray answered:
They can be a good general indicator with some exceptions. Properties are reassessed each time they are purchased by the value of the purchase price. Properties that have not been sold recently may be assessed much lower than their current market value. ... more
0 votes 8 answers Share Flag
Fri Dec 14, 2012
Tom Bates answered:
Mc Reynoldls is a great area for the adventurous. Low density mostly rural and views but little flat land.

You need to have about $800,000 or more in your budget to go through the building process the Coastal Commission and the County of Los Angeles.

You will have to put in a well, and bring in electric to the site. This depends on how far you are from the roads or current locations for electric. You will have to widen roads and get geological and foundation deigns cost before you buy. It is not for the weak of heart.

I have been certified by the Superior court County of Los Angeles as an "Expert Witness" in all real estate matter it you have questions?

Call me (310) 739-4886

Tom Bates
Maliub Realty Inc.
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0 votes 5 answers Share Flag
Wed Sep 19, 2012
Rita Simpson answered:
The best way to prevent fraud is to work with a reputable professional that specializes in the area you are interested in. A good agent has the fiduciary duty to the party he/she represents. That means he/she has an obligation to look after YOUR interests. When knowledgeable about the area she/he will help you not only navigate the process but also provide you with back up information and disclosures to equip you to make the right choices and decisions. ... more
0 votes 7 answers Share Flag
Tue Nov 6, 2012
Tammy Hunt answered:
Hi Jim, make sure you get an environmental report on the land you pursue and ask if there is a list of home building "don't's" just so you aren't buying a parcel you can't build what you want to on it.

Best of success to you!!

Tammy Hunt
Nelson Shelton & Associates
355 N. Canon Dr.
Beverly Hills, CA 90210
310-990-9005
tammyagnt@aol.com
Lic# 01275416
... more
0 votes 4 answers Share Flag
Tue Mar 13, 2012
Cormac and Wailani OHerlihy answered:
All areas of Malibu will appreciate. We've hit bottom and the housing recovery is beginning to happen in Malibu. This is the time to Buy while interest rates are at an all time low. Contact us for all your real estate needs. ... more
0 votes 5 answers Share Flag
Thu Mar 8, 2012
Diane Peterson answered:
A great buyers agent is patient and listens to the needs of the buyer. Once you know your clients criteria it is a good idea to preview the property to make sure you will not be wasting your clients time. ... more
0 votes 2 answers Share Flag
Wed Apr 11, 2012
Endre Barath answered:
The most important thing to remember is that you need a lot of patience and the longer you can keep your frustration with the Lender's lack of concern iof your time in check, the better the odds that you will buy something. Also remember on 25 per cent actually close. ... more
0 votes 5 answers Share Flag
Mon Mar 5, 2012
Brian Goldberg answered:
If you need a loan to purchase the home, be sure to get pre-approved by a large bank like Wells Fargo or Bank of America, not Uncle Jack the mortgage broker. Then you will know how much house you can afford, and can narrow your search significantly. Check out the different neighborhoods and find the area you want to live. Malibu is 27 miles long, and there are differences in every area. Go to open houses and see what size and style of house you like. If you know how much you can spend, what kind of house you want, and where you want to be, it will make it easy for a Realtor to help you find the right home. If you have any other questions, feel free to call me at (310) 403-4623 or email brian@brokermalibu.com. ... more
0 votes 2 answers Share Flag
Sat Mar 3, 2012
Yuri Katz answered:
Although any closing costs are potentially negotiable, and reflect along with the price, a basic rule of supply and demand, it is good to keep in mind the interests of the parties and some common traditional ways of handling them.
For example:
as a buyer you obviously want to pay for your inspections;
sellers pay to insure buyer's ownership interest in the estate as a good faith;
property taxes usually get prorated between the parties as of the date of closing, etc.
All of the above is common but not set in stone. Moreover, in most of the new developments where the seller is the builder, a buyer would be offered a customized developer's contract that might have all of the closing costs on the buyer's side. That is because the developer works in their accounting with the net proceeds of the sales, and the way to handle such situation for the buyer is to ask for credit on the purchase price itself (which might be helpful down the line with lower property assessment).
Don't hesitate to approach an experienced broker with a specific situation for a pro opinion.
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0 votes 3 answers Share Flag
Fri Mar 2, 2012
Brian Goldberg answered:
Here are a few things to keep in mind when shopping for your first home:
1. Location, Location, Location - in Malibu that generally means proximity to PCH and killer ocean Views
2. Only things physically attached to the house are included. Things like washer/dryers, flat TV's, even some refrigerators are NOT included with the sale unless you specify them in your offer.
3. You have a contingency period to do all of your inspections. Don't skip them, they are critical so that there ARE NO surprises. Physical inspections, Geology, Septic, Roof, Chimney, etc. are all worth the money. If problems are found, you can either back out of the transaction or negotiate with the seller to fix them.
4. A home warranty is also important to prevent surprises, so have the seller buy you one when you write the offer.
If you have any other questions, or would like some assistance with your first-time purchase, please feel free to contact me anytime at (310) 403-4623 or brian@brokermalibu.com. Good Luck!
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0 votes 1 answer Share Flag
Fri Jun 15, 2012
Anna M Brocco answered:
In order to finds answers and any necessary information needed, consider contacting any local agent/realty office, they all have access to the same information...keep in mind that information into this site or any other sites for that matter, oftentimes is fed by various sources and not necessarily the owners. ... more
0 votes 5 answers Share Flag
Mon Jan 10, 2011
John Barry answered:
Hi Katie,

Not all condos will qualify, even if they are in good condition. The complex itself must be approved for FHA financing by HUD (Dept. of Housing & Urban Development), and that is determined by additional factors than just the condition, such as the financial reserves of the HOA, etc..

John Barry
DRE #01856079
Coldwell Banker Residential Brokerage
Cell: 323-810-7976
Email: john.barry@coldwellbanker.com
Facebook: http://www.facebook.com/RealtorJB
Twitter: @RealtorJB
... more
0 votes 5 answers Share Flag
Sat Mar 9, 2013
Anna M Brocco answered:
Since you are asking a legal question--you should consult with an attorney who specializes in real estate--he/she will be your best source of information/advice.
0 votes 12 answers Share Flag
Sun Jul 1, 2012
Monique & Joe Carrabba answered:
Hello Panache,

I just closed a home I had listed in Malibu. The commision varies from 2.5% to 2% depending on the price. The homes above 10 mil tend to be at 2%

If you need a CMA comparative market analysis to determine the value of your home, let me know.

Best,

Monique Carrabba
The Carrabba Group
Keller Williams Sunset
(323) 899-2900
mcarraba@kw.com
... more
0 votes 15 answers Share Flag
Wed Jul 14, 2010
John Barry answered:
Hi Kristiana,

I sent you an email regarding your question - I do not see which property you were referring to as there is no property referenced with your question. If you would like some assistance purchasing a certain property, I would be happy to help you. Let me know the address of the property you are interested in & I will do some research for you & see if it is available and at what price.

Thanks, have a nice evening..

John Barry
DRE #01856079
Coldwell Banker Residential Brokerage
Cell: 323-810-7976
Email: john.barry@coldwellbanker.com
Facebook: http://www.facebook.com/RealtorJB
Twitter: @RealtorJB
... more
0 votes 2 answers Share Flag
Tue Jun 8, 2010
Malibu Broker answered:
Did u buy a condo yet there? That whole hoa has major fees... The current maintenance is over 1000 ! If you have just purchased it....statefarm can help you get liability and coverage for interior valuables....if something hapens with the actual structure the HOA is responsible! ... more
0 votes 4 answers Share Flag
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