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90401 : Real Estate Advice

  • All8
  • Local Info0
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 141
Tue Oct 9, 2012
Ron Thomas answered:
This is not something that you will find broadcast over the Internet:
At least not THIS internet!

Would you like your PERSONAL INFORMATION put over the Internet?
0 votes 6 answers Share Flag
Wed Oct 31, 2012
Elizabeth Salinas Kelley answered:
Hi Alexandra,

Have you tried Westside Rentals? It's only $60 for 3 months and you get $60 off cable. You can find temporary housing. Good luck!

Elizabeth Sorgen
0 votes 2 answers Share Flag
Mon Sep 24, 2012
George Salazar answered:
There are no additional expenses-taxes per se for foreigners when buying or selling real estate in California.

Profits from the sales will be taxed according to State and Federal Tax guidelines for foreigners, and some withholding will happen at sale.

I have worked with foreign investors before and I can put you in contact with tax attorneys that will assist you in determining your tax liability upon sale based on your citizenship and other factors.

George Salazar
Prudential California Realty
(323) 710-1770 direct
... more
0 votes 2 answers Share Flag
Wed Dec 19, 2012
Taurin Mcgrath answered:
Where do you currently live? Santa Monica and Long Beach are very different from each other but you won't be finding any decent bedrooms in either for $900.

Try using for now to just give yourself an idea of rent pricing along the water. ... more
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Wed Nov 28, 2012
Sandra Miller answered:
0 votes 11 answers Share Flag
Fri Nov 1, 2013
Jane Peters answered:
I am not sure of the situation but if in fact your agent did not disclose the offer they are in violation of California real estate law. ALL offers must be presented to the seller. If you dig further and find out this was indeed the case, you may take action. But be clear on the facts first. ... more
0 votes 17 answers Share Flag
Mon Oct 21, 2013
Shanna Rogers answered:
Hi cansell,

There is no acceptance of an offer until all parties have signed the contract. In real estate, everything has to be in writing, not verbal. So, until you have a signed contract, the seller may have instructed the seller's agent to continue seeking other offers - which the seller's agent has to do (is instructed to do so by their client). Now, if you have a contract signed by all parties, it doesn't really matter what the seller's agent does because you have a legally binding contract.

Shanna Rogers
SR Realty
... more
0 votes 17 answers Share Flag
Wed Aug 22, 2012
Elizabeth Salinas Kelley answered:
Go for the ACTIVE. Would you like me to write the offer for you?

Elizabeth Sorgen
0 votes 7 answers Share Flag
Wed Aug 22, 2012
Bob Friday answered:
Both locations have their pluses and minuses. 12th and Broadway is a rapidly developing area fairly close to the beach and the Promenade. With the soon-to-arrive MetroLine transportation system coming to Santa Monica, I believe that this area only gets better and better. Princeton and Wilshire is in the College Streets area further east in Santa Monica. It's a stable and densely populated neighborhood with tons of services, restaurants, retail and lots of traffic - a very urban environment that is great for those who like a bit more of a NYC-style of neighborhood. I don't think you can go wrong in either location.

Bob Friday, Director
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0 votes 9 answers Share Flag
Tue Aug 21, 2012
Elizabeth Salinas Kelley answered:

I do not see anywhere in the MLS a condo 3+3 listed in the $400K range. Maybe the listing was at auction and it's probably gone. I sell foreclosures in Santa Monica and that price doesn't sound correct. Good luck!

... more
0 votes 3 answers Share Flag
Fri Oct 12, 2012
Susan Bo'ur answered:
Could you please be more specific? There are small pockets of Santa Monica that are less than desirable.
My current clients prefer north of Santa Monica and above.
Feel free to contact me for further info.
Susan Bo'ur Coldwell Banker
... more
0 votes 8 answers Share Flag
Sun Jan 20, 2013
Lena Samigoullina answered:
Yes, there a lot of investors attending the auctions. For $10 K you can probably buy a small parcel of land. There's no way a home will go for that price, unless it comes with a large amount of delinquencies that the buyer will be responsible for. The banks always have a reserve price for the auctions. If the property doesn't sell at a reserve price or higher, banks take those properties to their own portfolios and those properties become REO listings. Reserve price and starting bid are often completely different numbers.

Call me if you'd like more information about buying property at the auction. I go to the auctions a lot, going to one tomorrow.

Lena Samigoullina
... more
0 votes 4 answers Share Flag
Mon May 12, 2014
Elizabeth Salinas Kelley answered:
Have you looked in the MLS? Look at 538 10th, or 311 23rd. Good luck, let me know if you'd like me to help you from this end for a handsome referral. I live in this neighborhood.

Elizabeth Sorgen
... more
0 votes 6 answers Share Flag
Fri Apr 29, 2016
Cindy Davis answered:
If you can afford the $15, that is one less creditor that will go after you!!! I presume that you are pursuing a short sale instead of foreclosing because you care about your credit. So...for such a small amount, I strongly encourage you to pay your HOA and if possible, your property taxes.

Good luck.
... more
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Mon Aug 6, 2012
Rich Homer answered:
Best to go directly to a local pro--- see Find a Pro above in the header.
0 votes 4 answers Share Flag
Mon Oct 8, 2012
Sandra Miller answered:
Wed Jan 8, 2014
Heather Paul answered:
In this neighborhood, it really varies. The lot sizes can be a small as 3500 sq ft to 7300 sq ft, but most of them are between 3500 to 5500 sq. ft.

Have a great day,
Heather Paul, Realtor
Coldwell Banker
... more
0 votes 7 answers Share Flag
Mon Nov 11, 2013
Cluckr7 answered:
I will add that I confirmed with the city planning department the interpretation of the zoning ordinances are correct. They confirmed the wording means fewer units than currently exist can be rebuilt if the complex is severely damaged or destroyed.

I would think that most SM condos that are properly appraised do not qualify for conforming loans because of this, but have heard nothing about this.
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0 votes 7 answers Share Flag
Wed Jun 6, 2012
Jodi Summers answered:
The information you request is available online from the City of Santa Monica. Please go to and scroll down to the section Housing Authority
Housing Choice Voucher Program (HCV)/Section 8 and that should get you on your way.


Jodi Summers
The SoCal Investment Real Estate Group
Sotheby’s International Realty
310. 392.1211
License # - 01343854
The great thing in the world is not so much where we stand as in what direction we are moving. ~Oliver Wendell Holmes
... more
0 votes 1 answer Share Flag
Sun Sep 2, 2012
Diane Dorin answered:
Good day Kmoon,

Thank you for your inquiry.
There are several great approaches to calculating a rental value for your home, the most common of which is the sales comparison approach. This approach involves comparing and contrasting recently leased properties comparable to your home (Usually within a 6 month span).

I would be more than happy to help you calculate the fair market value of your home. Additionally, I would be more than happy to list your home for lease, and help you find the best, reliable tenants possible.

Warm regards,

Diane Dorin
Teles Properties
... more
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