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91203 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 59
Mon Jan 28, 2013
Susan Bo'ur answered:
Good morning Henry,

Unfortunately, this property is not showing as available.
To answer your question, if this is large enough for 5 people, would depend on how many are adults and how many are children...This unit is under 1,000 sq ft.
Please feel free to contact me if you would like me to send you properties that are currently for sale.
Have a wonderful day!

Best,
Susan Bo'ur Realtor/Coldwell Banker
Susan@SusanBour.com
... more
0 votes 2 answers Share Flag
Tue Mar 19, 2013
Tommy Lee answered:
Nicole,
Lease to own are very hard to find.

Please call or send an email if you need help with any of your real estate needs.

Tommy Lee
DRE #01723594 SFC (Short Sale & Foreclosure Certified)
Premier Service® Professional
tommy.lee@dilbeck.com
323-821-2292
говорю порусскии
... more
0 votes 4 answers Share Flag
Mon Sep 16, 2013
Fred Yancy answered:
A traditional 203K loan specifically allows for the simultaneous purchase and repairs of a home. A home purchased with a conventional mortgage must be able to pass an appraisal, an evaluation of the home's worth, with a value that meets or exceeds the mortgage amount, and a damaged or outdated house commonly does not pass appraisal.

The Streamlined 203k Limited Repair loan lets a buyer finance up to $35,000 in extra money to improve a home as of 2011, in addition to a conventional mortgage. The streamlined loan is for homes that need improvement, but not as much as a home under the traditional program would need. Both types have the same basic U.S. Department of Housing and Urban Development rules and eligibility criteria.


House Limits

The qualifications for a buyer who wants a 203k loan are based on the participating lender's criteria, but the home being purchased is subject to universal standards set by HUD. The house must have no more than four units and be at least one year old. A demolished home or home that has to be demolished as part of the renovations qualifies as long as part of the foundation remains in place. A condominium unit can be rehabilitated using a 203K loan as long the borrower intends to use the unit as a primary residence.

A home that is considered both residential and commercial -- referred to as "mixed use" -- is eligible for the 203k loan program if the commercial use does not exceed HUD's percentages, as determined by the HUD appraiser. A one-floor structure cannot have more than 25 percent of the floor area used for commercial purposes as of 2011.


Finance Limits


Both 203k loan types cannot exceed the lesser of two figures: 110 percent of the home's estimated market value after repairs or the property's current value and the cost of the work. Loans for condominium units cannot exceed the market value of the unit after repairs as of 2011.

A home under the traditional 203k program must need at least $5,000 in repairs as of 2011. The streamlined program does not apply a minimum limit.

Fred Yancy, Broker
Crye-Leike Realtors
(678) 799-4663
... more
0 votes 8 answers Share Flag
Wed Nov 28, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
The main difference is that FHA loan is insured by Federal Housing Administration. There for It has low downpayment and rates and at the same time it has higher underwriting requirements. ... more
0 votes 3 answers Share Flag
Sun Oct 28, 2012
Levon Leo Yengibaryan answered:
Hi Alex,
It is not sold yet, but it is currently in escrow. I would be happy to talk to you about helping you find a similar property. Please call me at 818-415-0147 or email at Levon.myrealtor@gmail.com at your earliest opportunity.

Respectfully,
Levon Yengibaryan
Prudential CA Realty
... more
0 votes 5 answers Share Flag
Fri Sep 7, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
Sometimes you need manually input listing info into the website ( MLS number).




______________________________
Free Consultation 424-777-9377

Help with any Real Estate Transaction Buy & Sell!





Thank you for your time.


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.



Sergey Fednov
President - Realtor
- Trust Sale Realty -
Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925
http://www.TrustSale.com
... more
0 votes 1 answer Share Flag
Sun Sep 2, 2012
Tommy Lee answered:
Jensmith4green,
Much depends on what you are asking. It is impossible to state a definite travel time. There are many factors with rush hour traffic, etc. However, if you are asking how far in miles, it is about 12 miles if you go north and connect to the 134 freeway.

If you need help with real estate, please call or send an email.

Tommy Lee
DRE #01723594 SFC (Short Sale & Foreclosure Certified)
Premier Service® Professional
tommy.lee@dilbeck.com
323-821-2292
говорю порусскии
... more
0 votes 1 answer Share Flag
Mon Aug 27, 2012
Mark Doran answered:
Hey Christine, what price range do you have in mind?
0 votes 2 answers Share Flag
Wed Aug 22, 2012
Levon Leo Yengibaryan answered:
Because of a very low inventory in the market there is some increase of prices, and not only in Glendale area. Because it has been only for the last few weeks, we cannot state that this is permanent and not a result of seasonal fluctuations and/or low inventory. Overall it is a great time ti buy and sell, especially considering the low interest rates. Feel free to contact me at 818-415-0147 with any questions. Thanks. ... more
0 votes 3 answers Share Flag
Wed Aug 22, 2012
Mark Doran answered:
Recently we have experienced a price increase, depending upon the area would determine the change.
0 votes 8 answers Share Flag
Mon Aug 20, 2012
Scott Godzyk answered:
There is no address or link to look it up. you should go back to the ad, click on the profile for the listing agent and call or email them direct for quick answers.
0 votes 4 answers Share Flag
Sat Dec 1, 2012
Edwin Andriassian answered:
Hi Marcos,

I'm not able to see the property address. Would you please be kind enough to send me the address?

By the way, please feel free to call me at 818-371-8015 and I would be glad to answer any other question that you might have about this or any other property.

Sincerely,
... more
0 votes 4 answers Share Flag
Tue Jun 19, 2012
Susan asked:
Why the pictures on two of my ads for apartments for rent would not upload to cl.
0 votes 0 Answers Share Flag
Fri Jun 8, 2012
Debra (Debbie) Rose answered:
you need to give an address and then perhaps someone can help
0 votes 4 answers Share Flag
Tue May 29, 2012
Monique and Joe Carrabba answered:
Hello Pcpch21,

Prices in Glendale are showing signs of stabilizing and in some cases increasing.

Best,

Monique Carrabba
The Carrabba Group
Keller Williams Hollywood Hills
mcarrabba@me.com
(323) 899-2900
... more
0 votes 5 answers Share Flag
Sat May 26, 2012
John Arendsen answered:
As an investor I look for OWC's aggressively. Just make sure you use an experienced RE attorney who knows how to package these types of deals. Lot's of sharks in the water.
0 votes 1 answer Share Flag
Sun Sep 23, 2012
Ferial Eid answered:
Please I'm looking for 2 bed rooms and 1 or 2 ba in Burbank or valley village
0 votes 1 answer Share Flag
Fri May 11, 2012
Georgette Clement asked:
I need elevators and wide doors. I would love a roll in shower.
0 votes 0 Answers Share Flag
Mon Dec 28, 2015
Student Of The World answered:
Go slow!!! Dont feel like you have to be in a house by the end of the month. There is nothing wrong with renting while you save up a hefty down payment while also growing your credit score. Try to be as close as you can to debt free. Also I would strongly recommend a home inspection when you do buy. This SHOULD keep you from having any surprises when you move in.

Also thank you for your service as an educator. You guys do not make nearly as much as you should.
... more
0 votes 17 answers Share Flag
Wed Mar 14, 2012
Jeero Habeshian answered:
Hello Moimoi:

You ask a good question which can have several correct answers. However, the way I practice real estate, and teach our agents is very simple: If there is a question of what we call in the industry and legally Procuring Cause, the bottom line is who is the buyer/client wanting to represent them.

Unless you have an exclusive buyer/agent agreement with the previous agent, it would be difficult for that agent to claim compensation. You should also consider how much work the previous agent did for you, and why you chose to make a change. If you end up writing an offer on a property the previous agent showed you and you buy it, one solution is to give them a referral fee.

Your experience of buying a home should be a joyous and fun time. So iron out possible kinks in advance and you should be good to go. Good luck to you!
... more
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