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90403 : Real Estate Advice

  • All42
  • Local Info3
  • Home Buying25
  • Home Selling1
  • Market Conditions0

Activity 141
Wed Jul 21, 2010
Dorene Slavitz answered:
Hi Sarah,
I do know of homes in that price range which would be a short commute to your job but they are not located in your target area. You may also access the MLS from my website below to see property for sale in Venice and Santa Monica. My contact information is below if I can help further. ... more
0 votes 4 answers Share Flag
Tue May 25, 2010
Rudy McDowell answered:
Depeche

If the business you just brought will be your primary source of income, and you have more than 25% interest in it, Fannie Mae/Conventional guidelines stipulate that you need a minimum of 2 years income history to qualify. Furthermore, if your DTI is 48-49%, coupled with a new business that's yet to establish its income performance, few to no lenders will be willing to do the loan, whether its Conventional or FHA. Again, the primairy issues is your income history. ... more
0 votes 3 answers Share Flag
Wed Oct 27, 2010
Anna M Brocco answered:
Keep in mind that opinions are often subjective and what's good for one may not necessarily be the case for another--consider visiting the school district(s), ask for a tour of the facilities, speak to the principal(s), teachers, etc., then make your determination--will your comfort level be reached. ... more
0 votes 11 answers Share Flag
Sat Mar 26, 2011
Don Tepper answered:
See a real estate lawyer.

HOAs and condo associations like to do that. And they're often within their rights to do so. (You were still the owner, and thus were obligated to pay the fees. I totally understand your position, but so long as you were the owner, the fees were owed.)

They also love to tack on those penalties, interests, and attorney fees.

So: See a lawyer. Maybe you can negotiate the debt down to pennies on the dollar, and settle it for that. Or maybe there's something in the condo documents that relieves you of that responsibility.

Hope that helps.
... more
0 votes 5 answers Share Flag
Fri Aug 31, 2012
Anna M Brocco answered:
No, it does not mean it has to close within that period--the agent is entitled to his/her commission anyway, and if you have an executed contract, signed by all parties and money was exchanged the offer remains; however, if you like your agent why not extend the agreement anyway. ... more
0 votes 13 answers Share Flag
Fri Aug 13, 2010
Dan Chase answered:
Trailers and double wides both go DOWN in value. They are a depreciating asset and after 5 years are a lot harder to finance and after 20 years (maybe a bit less) are almost impossible to get financing for. ... more
0 votes 9 answers Share Flag
Wed Mar 24, 2010
Dorene Slavitz answered:
Dear Ikem,
I'm not grasping your question. Are you looking for an unlisted commercial property 5-7SF? Warehouse or Retail?
0 votes 2 answers Share Flag
Sat Mar 26, 2011
Bob Movin-On answered:
Sorry you could not work things out with the bank. HOA dues should be the last thing you pay they come after the bank and unless they want to do their own foreclosure and pay the first off (the Bank) they have no leg to stand on. If you would like some help getting back on your feet and into another home we can help. Good Luck Bob ... more
0 votes 5 answers Share Flag
Tue Dec 15, 2009
Aaron Mirsky answered:
Hi Thomas,

I don't believe there is a rule that determines the length of escrow. Generally speaking, the shorter the escrow, the more competitive the offer. The executor might determine the length of the escrow if the home in question is occupied by relatives or tenants.

I hope this helps.

Thanks,

Aaron Mirsky
... more
0 votes 2 answers Share Flag
Tue Dec 15, 2009
Emily Knell answered:
Escrow could be opened once you have an acceptance from the owner or executor, even though the sale is still subject to court confirmation. There should be an attorney assigned to the case & you should call them with specific questions. You may or may not be required to put up your good faith monies until you do indeed have court confirmation.

emilyknell1@yahoo.com
562-430-3053 cell
... more
0 votes 3 answers Share Flag
Tue Jan 19, 2010
Dorene Slavitz answered:
Hello B.
You can see all properties for sale in that general area from my website below. No obligation or cost.
0 votes 2 answers Share Flag
Sat Nov 21, 2009
Yvonne Fernandes answered:
Tenants in common (TIC) are investors who share an undivided interest in a particular property. If you are considering a venture of this nature, it is wise to seek the advice of legal counsel to thoroughly understand your rights and liabilities. ... more
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Sun Nov 15, 2009
Bentley Advisors answered:
Yes. A non-permanent resident alien on an H1B work visa may own property. As a matter of fact, foreign nationals w/ no visa may "own" property in America. If you're asking whether or not you can qualify for a home loan, then the answer to that is also yes! You will most likely need to have been in the States for 2 yrs w/ a satisfactory credit history. If not, at least 12 mos would likely be req'd using non-traditional tradelines such as rent pymt history, utility bill pymt history, car pymt history, etc.

Let me know if you have any further questions. Good luck.
... more
0 votes 0 Answers Share Flag
Wed Apr 18, 2012
robbie sikora answered:
good afternoon vanessa,

the two resources you mentioned are the most widely used for this area. depending on the size of the property or the rental amount, other resources could be the santa monica daily press; santa monica mirror; argonaut and possible www.themls.com guest site if its listed with a broker. there is also an apartment guild (again, depends on what you're looking for) in news stands throughout the neighborhood or online at www.ApartmentGuide.com. there are plenty of rentals out there so best of luck!

kindest regards,
robbie sikora
310.710.5214
rs@robbiesikora.com
Gibson International
... more
0 votes 9 answers Share Flag
Mon Sep 21, 2009
Megan Whalen answered:
Nestor,

Sunset Park is a great family friendly neighborhood. (90405) I specialize in the neighborhood and live in it too.

Feel free to contact me and we can discuss your options.

Megan Whalen
310-613-1102 cell
310-6227402 work
Gibson International
... more
0 votes 4 answers Share Flag
Sun Nov 15, 2009
John Barry answered:
Hi Stephenj,

Yes, this would most certainly be considered unethical. Whenever I am speaking to anyone who may be a prospective client, asks me to help them view a propert, etc., I ALWAYS ask them if they are working with another agent, and if so, I tell them that they really should be going through their agent in their property search..

John Barry
Coldwell Banker Residential Brokerage
Sherman Oaks, CA
Cell: 323-810-7976
Email: john.barry@coldwellbanker.com
facebook: http://www.facebook.com/RealtorJB
Twitter: http://twitter.com/RealtorJB
... more
0 votes 7 answers Share Flag
Thu Jul 23, 2009
Andrew Jones answered:
Hi J. David,

Take a look at my website. I'm an L.A. native, based in Venice Beach (about 2 miles from the pier.)
I don't think it will be necessary to make your client drive 30 miles, especially in L.A.. ... more
0 votes 0 Answers Share Flag
Tue Jul 7, 2009
John Barry answered:
Hi Paul,

Check out this site - you might find it interesting - it will allow you to calculate cost of living comparisons between cities:

http://www.payscale.com/cost-of-living-calculator


Hope this helps... Let me know if you need help finding a qualified Realtor in NJ..

Have a good day...

John Barry
Coldwell Banker Residential Brokerage
Cell: 323-810-7976
Email: john.barry@coldwellbanker.com
Twitter: @RealtorJB
... more
0 votes 1 answer Share Flag
Tue Sep 20, 2011
Ben Nicolas answered:
you are supposed to yes, if you are living there and using community resources it is very unfair to the rest of the homeowners for you to be living there and not paying...
0 votes 6 answers Share Flag
Sat Jun 27, 2009
Jim Brunet answered:
The most important part of TORCA left standing after various court decisions is that a tenant in a TORCA unit can not be evicted when an owner buys the property, even if the Buyer wants to owner-occupy. Other parts of the TORCA law, such as that you couldn't raise the rent to market level when a tenant voluntarily left and you rented to a new tenant, have been struck down.

Another Santa Monica situation: if someone purchases a multi-unit building (non-TORCA) and wishes to occupy a unit, they can evict only the most recent tenant of whatever size unit (measured by bedroom count) they want to occupy...they can't force out the tenant with the lowest rent, for instance.
... more
0 votes 3 answers Share Flag
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