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Home Buying in 91104 : Real Estate Advice

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  • Local Info0
  • Home Buying4
  • Home Selling2
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Activity 65
Thu Jun 6, 2013
Bill Stone answered:
Mon Feb 18, 2013
Tina Lam answered:
You should consult with your broker or a legal advisor on this. The answer really depends on how the 1031 is structured.
0 votes 2 answers Share Flag
Wed Jun 26, 2013
Shannon Chang answered:
This sounds like a short sale, is it?
Shorts sales can take a long time to get a final answer.
0 votes 4 answers Share Flag
Mon Jan 21, 2013
Gina Labellarti answered:
You should be Ok now although it would be best to get pre qualified and see if there is anything we need to prepare you for, I have a great team to help assist in all facets of your Real Estate Transaction including getting pre qualified for a home loan. my info is below, look forward to hearing from you soon.


Gina M. Labellarti
Realtor- Coldwell Banker Dynasty TC
9228 Las Tunas Drive, Temple City, CA. 91780
(626) 215-4462 Cell
(626) 287-9043 Fax
GLabellarti@gmail.com
License # 01509425
... more
0 votes 5 answers Share Flag
Tue Jan 8, 2013
Ron Takeuchi answered:
H Travises,
You don't have to get an extension signed but most likely the seller will want some assurances that you and your lender will perform, especially if you are thinking of 1-3 weeks. Why wouldn't you ask for an extension of time - better your requesting than having the seller issue you a non-performance notice or cancellation.

Ron Takeuchi
... more
0 votes 9 answers Share Flag
Thu Jan 31, 2013
Mack McCoy answered:
What did the Escrow officer say?
0 votes 5 answers Share Flag
Mon Jan 28, 2013
Doris Van Dusen answered:
Fri Nov 16, 2012
Rosalie Phillips answered:
From my experience in discussing potential clients pre-qualification for a VA Loan, the credit score must be in an acceptable range.
0 votes 7 answers Share Flag
Sat Sep 29, 2012
Bree Long & Carrie McNary answered:
If you are looking for the best of what Pasadena has to offer in the form of luxury, high amenity residences, we believe you need not look any further than Catania Pasadena. Our community offers:

24 hour security and secured access points
Full time day porter
On-site maintenance
1-year membership for one person to Yoga Works
Wolf, Bosch, and SubZero appliances
Granite and Caesarstone countertops
Hard wood flooring and high pile carpeting
Rooftop terrace and barbecue
Fitness center
Pool and lounge deck
Secured parking with 2 side-by-side parking spaces
Brand new construction
Amazing view of the San Gabriel mountains
Easy freeway access to the 210 and 134
Close proximity to Old Town Pasadena
Dog and cat friendly community

We look forward to speaking with you soon and welcoming you as our newest member of the Catania Pasadena community!

Best Regards,

Bree Long & Carrie McNary

Catania Pasadena
Modern Luxury Living
626.796.1993 leasing
277 W. Green St.
Pasadena, CA 91123
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0 votes 7 answers Share Flag
Tue Sep 11, 2012
John Arendsen answered:
Junkpiler, construction loans are available providing you have a viable exit strategy i.e. take out loan. Are you planning to build the prefab yourself or are you going to hire a licensed contractor? There are several very good pre fab products on the market today. Lindal has been around for decades and delivers a very good produc\t.

That stated, it's only as good as the person/s putting it together. You may also want to consider a "Factory Built" (Manufactured (HUD) or Modular home depending on the location and the relative CC&Rs. In this situation you are purchasing a home that is completly built before it leaves the factory.

You can do just about anything you want to do with Factory Built Housing nowadays i.e. stucco ready, tile roof ready, curvalinear architectural detailing i.e. pop out & inset features, upgraded kitchens, bathrooms, floor, window, wall coverings, appliances, etc.

The turn around time is a lot faster and you have no excess or wasted materials and you don't have to worry about vandalism, theft or weather conditions. All in all it's a very practical and cost effective way to build a home today and many banks will offer conventional FHA, Fanny/Freddie.

I don't know where you are planning to build but most if not all Counties and Cities are FBH friendly. The most important aspect of the entire procedure be it "Factory Built" or "Prefab" is hiring an experienced, licensed, bonded and insured contractor. I definitely don't reccomend trying to take on a project like this as an owner/builder. You may find it very difficult to find construction or take out financing.

We are a family owned and operated Factory Built Housing Dealer & Developer, general and manufactured home contractor, real estate broker, architectural, engineering, landscaping and interior design company with over 100 years of combined experience.

We may not be in your geographical area as we work primarily in the Orange County, San Diego and Palm Springs/Palm Desert area. But we will be more than happy to coach you and direct you to a competent, experienced and properly licensed and insured MH Dealer and Contractor at no cost as long as it can be done online or by phone.

Please feel free to log onto any of our very user friendly websites or email me at onthelevel@cox.net or you can call me anytime on my cell at 760 815-6977.

www.tagrealestatesales.com
www.mhprocessing.com
www.intimatelivinginteriors.com
www.chadofalltrades.com
www.sandiegorealestatetoday.com
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0 votes 1 answer Share Flag
Tue Sep 4, 2012
The Emamian Team answered:
Hi Betty,

We certainly do have some of those charming little homes with the white picket fence. I happen to love them as well. I would be happy to show you what we have available here in Pasadena. Please feel free to contact me to discuss your dream home in more detail. You can reach me at (626)487-3678 or by e-mail at jan@dreamhomelink.com.

My best,

Jan Emamian
John Aaroe Group
42 South Pasadena Avenue
Pasadena,CA 91105
... more
0 votes 2 answers Share Flag
Thu Aug 16, 2012
Ron Thomas answered:
LISTING PRICE
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guideline toward the SELLING PRICE.

Some Sellers believe that by setting the LISTING PRICE high, they can always come down, and people will make an offer anyway: WRONG! Buyers will just bypass the property and look at houses that are within their price range. And six months from now, the Seller will slowly start lowering the PRICE, (this is called “chasing the curve”) and Buyers will be asking the question; “What’s wrong with that house?” and “Why has it been on the Market so long?”

Other Sellers set the LISTING PRICE low, to attract multiple offers. (The correct strategy.) We are asked; “Aren’t you obligated to sell at this price if someone offers it?” The answer is probably not; for that to happen, you would first have to have only one offer, and secondly, the offer would have be exactly the same, down to the smallest detail, (please discuss this with your Realtor).
Another thought; Buyer will search for potential properties by groups; for example, $400,000 to $450,000, and $250,000 to $300,000. If your house is priced at $460,000 or $310,000, the Buyers will never see it. (something else to discuss with your Agent.)

Different Banks have different philosophies about pricing their properties: You cannot draw any conclusions without a good analysis.

Have your Realtor do a CMA, (Comparative Market Analysis) to help you determine your Offering Price. It is the surest way to determine the Market Value of the property.
... more
0 votes 4 answers Share Flag
Fri Sep 14, 2012
Lance King answered:
If you're not finding inventory in your price range in your area, you have several choices:

1. Wait for more inventory. The risk of this is that prices could go up and interest rates are going to rise at some point.

2. Expand your area

3. Raise your price range

4. Consider condos

Also keep in mind that summer inventories are often lower and there is usually a big jump after labor day, so you might want to wait on the above options till you see if that is true this year.

Best Regards,

Lance King/Owner-Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425
... more
0 votes 5 answers Share Flag
Mon Aug 13, 2012
Walter 'Skip' Kersten answered:
Fri Aug 24, 2012
Natalie Aguilar Vogie answered:
Duarte and Monrovia are great areas to live in, specially North of Foothill Blvd, by Mountain . Monrovia is only a few minutes away from Duarte, the Mayflower Grammar School has received great reviews. I suggest that you visit google, Great Schools to reveiw school scores. I have it set up in my website
http://pasadenabeautifulhomes.com go to Market Insider. top tab, click and type in zip code 91010 for Duarte , then 91016 for Monrovia and you will get the statistics for the schools and the demographics
for both areas. Love to be of help go look at some properties to see what you are looking for .

626-379-6472
Natalie Aguilar Team
Keller Williams Realty
Lic. 0101804560
... more
0 votes 4 answers Share Flag
Wed Jul 4, 2012
Gregorio Denny answered:
It is possible that you will qualify by yourself wit the 585 score and 60K income. It will depend on all the other factors that go into qualification other than income and credit score, but what you have stated certainly won't disqualify you. If you can come up with 3.5% down payment and closing costs or negotiate seller paid closing costs you may be able to get a FHA mortgage.

Contact me for assistance.
... more
0 votes 2 answers Share Flag
Mon Jul 30, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
Yes it is possible to purchase a real estate with these credit scores.

Please contact me for more info and to obtain pre-approval.




Thank you for your time!

Should you have any questions - please do not hesitate to call me Toll Free 1-855-TRUST-55 ext.777 ( 1-855-878-7855 ext.777).


Sergey Fednov
President/Realtor
_____________________
Trust Sale Realty
Toll Free: 1-855-TRUST-55ext. 777
Toll free: 1-855-878-7855 ext. 777
Phone: 424-777-9377
Fax: 310-356-4925
http://www.TrustSale.com
http://www.TrustSaleRealty.com
P.S. We Hire Licensed Real Estate Agents!
... more
0 votes 5 answers Share Flag
Fri Sep 14, 2012
Maria Gilda Racelis answered:
Hi Brian:

There are several factors that make HOAs vary by complexes. Does the HOA include the utilities like electric, heating and cable? The desirability of the complex and the amenities it offers is also a factor.

I hope this helps.

Maria
... more
0 votes 7 answers Share Flag
Fri Nov 16, 2012
Ron Thomas answered:
A lot of people would like to have a 700 score.
But the Lenders will never admit that they need your business; well, probably never.
There is a lot of room between 700 and 850.
0 votes 8 answers Share Flag
Fri Nov 16, 2012
Scott Godzyk answered:
Brian I can tell you right now prices are low and interest rates are still low. Everyone agrees it is just a matter of time that int rates will rise. The difference now to a year back is there is less homes for sale than there was a year ago but still a good condition. We are switching form a buyers market to a sellers market here in NH. Most of the US is seeing similar trends, in a year there could be less choices, higher asking prices and higher rates. Choosing a good buyer agent who can explain what is happening in your market is key. good luck with your purchase wither now or in a year,. ... more
0 votes 10 answers Share Flag
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