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Home Buying in 91335 : Real Estate Advice

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  • Local Info2
  • Home Buying14
  • Home Selling1
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Activity 15
Tue May 17, 2011
Richard Schulman answered:
Nothing is wrong with Reseda. In the Valley, homes tend to increase in value the farther South or West that they are. This is because these homes are closer to centers of employment like West LA and Downtown. The further you are, the lower the price.

If you have any questions, let me know.


Richard Schulman
310-482-0173
www.RichardSchulman.com
schulmanrd@yahoo.com
... more
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Sat May 22, 2010
Anna M Brocco answered:
Depends on your finances/assets--visit with any qualified loan officer(s) first, see if you qualify, see what your budget can handle, have your credit checked, etc., then go from there.
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Thu Apr 8, 2010
Emelia Sanchez answered:
Your father in law may be unemployed but must have income coming in from somewhere. Which he used to get a loan. Could be pension, social security etc all acceptable means of income.
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Wed Jan 27, 2010
Roland Corral answered:
Yes you can Chris. I'm a Veteran too by the way... Thanks for your service! :) But believe it or not, the VA loan may not be your best option. Most people aren't aware that sometimes the government loans can have higher pricing, interest rates etc. The city or county your are looking in may have a first time homebuyer downpayment assistance program and it could be better for you to get a conventional loan and use that or maybe use the VA loan in conjunction with one of these programs. Most agents and lenders don't really know how they work and many lenders aren't approved by the particular government program. The trick is to find an agent that knows. I'm your man but I'm far away in Rancho Cucamonga. You're more than welcome to call me though and If I can't help you, I'll find someone for you who can. :) 909-917-6176 ... more
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Thu Dec 17, 2009
Ines De La Cruz answered:
Hi Jose,
You can use up to a maximum of $5,000 of the $8,000 tax credit in something that is call "pre-fund" at closing. Ask your loan officer if you qualify for other programs as the Smart Start and others.
Good Luck,
Ines
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Tue Oct 27, 2009
Richard Schulman answered:
The reality is, there are a lot of all cash buyers at that price range. It always depends on the particular home. Every house is different. But in general most properties in that price range are getting multiple, offers and going at or near (or even above)asking price. Also, in general, banks will not look at offers more than 3-5% below asking price. If the property remains unsold, they may lower the asking price. There are many exceptions for heavily damaged properties. Please contact me if you would like to discuss this further, or look at properties.

Richard Schulman
Keller Williams Real Estate
www.richardschulman.com
(310) 482-0173
schulmanrd@yahoo.com
... more
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Thu Sep 10, 2009
Joshstewart answered:
I believe that you would have to prove that the buyers were aware of the leak.
I would advise that you call an attorney.
Sorry
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Tue Mar 6, 2012
Bill Eckler answered:
Stephanie,

Have your agent put in writing and present it to the sellers for their signatures.
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Mon Jul 20, 2009
Richard Schulman answered:
Reseda has been really hard hit by the recent housing downturn becuase many of the borrowers/buyers there were "sub prime." This makes Reseda and surrounding areas like Canoga Park, Winnetka and Van Nuys great places to buy for future appreciation. These areas have fallen in price so much - even compared with slightly higher end neighborhoods like Tarzana, Encino, Woodland Hills, Northridge, etc. If you'd like to sit down and meet with me to discuss your options and find the perfect home - let me know. I have sold dozens of homes and condos throughout the Valley in the last year, as my clients are capitalizing on the mortgage meltdown.

-Richard Schulman, REALTOR
310-482-0173
schulmanrd@yahoo.com
... more
0 votes 1 answer Share Flag
Sun Feb 22, 2009
Haydon Young answered:
Hello Stephanie,
I am a Realtor working out of the Destin/ Emerald Coast area of the Florida panhandle. The reason I am contacting you is because I work with a builder who is based out of Dallas/Plano. His name is Tom Whiddon. He builds fine homes at a very reasonable price. He has a seasoned agent that he works with to sell his homes. Although the entire nation has felt a decline in property values to some degree, on the whole Dallas real estate has maintained it's value fairly well. It is still one of the best times to buy real estate because you have the opportunity to purchase new construction at 2003 prices. Check out the websites in the link below:
www.destinrealestateandland.com
www.whiddonhomes.com
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Mon Jul 20, 2009
Bill Eckler answered:
Stephanie,

It's likely your agent doesn't like the short sale experience because of their history of poor treatment of buyers. The reality of getting additional discounts after an agreed upon contract is very doubtful and it's likely to make a request to do so would add considerable time to the process.

The impression you are getting from your agent is one that is real and one that exists because of the way his/her customers have been treated in thest situations.

If you decided to "walk", since you have an agreement, it would be likely you would lose your deposit money. Review your documents closely for clarification or consult an attorney.
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Mon Jul 20, 2009
Deborah Madey answered:
Loan officers do not determine underwriting guidelines, they follow them.

As it pertains to fees owed, it depends upon the agreement you entered. Ask for a copy of your agreement and review the terms. He may be calling a bluff. Even if the agreement states you owe the money, it may or may not be enforceable. Check with an attorney once you have a copy of the agreement. ... more
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Sun Sep 28, 2008
Keith Sorem answered:
Jitin
I recommend that you interview some Realtors and determine who the best Realtor is for your needs.
FYI there are many buyers buying right now, so you might want to tailor your post to ATTRACT Realtors.

I only work with serious buyers. The phrase "very picky" can translate to "unrealistic", and I personally do not work with unrealistic buyers.

Good luck.
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Thu Aug 20, 2009
Shel-lee Davis answered:
Stephanie:

As first time homebuyers you really want to look for a lender who has access to all the programs that will benefit you. I work with both mortgage brokers and direct lenders and find that each of them has their plusses and minuses. I specialize in working with 1st Time Homebuyers and work with two direct lenders and two brokers, each of which is specially equipped to help in different situations. I have found that the brokers can sometimes save you money overall, since they have access to products that some of the direct lenders do not. On the other hand, some direct lenders are willing to waive some of their fees to get your business.

I would love to talk off-line and get a few specifics from you about your situation. We could then develop a list of questions for you to ask lenders, or I could provide you with a referral to one or more of my lenders who would fit your needs. Either give me a call or contact me through my profile and I would be happy to help out.

Always remember, the goal is to get the best home for you, at the best price and negotiate the best deal (this includes both negotiating with the seller and negotiating with the lender). And never forget, Dare to Dream.

Shel-lee Davis
Real Estate Consultant
RE/MAX Palos Verdes Realty
... more
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