You need to work with an agent who will be able to tell you if the property can be purchased with an FHA loan or not. I'd be happy to help you. I work with a lot of first time buyers. I have great lenders who can help you to get preapproved, Contact me directly either at my email: email@example.com or call me at (310)625-9005.
Escrow fees can vary with each different escrow company. In Orange County, California I have seen a range of $1.75 to $2.50 per thousand of the purchase price. Additionally, there is a commensurate base fee of $175 to $250. If you are trying to determine how much you will need to close your cash transaction, have your agent or escrow officer run a "net sheet" to show all the costs involved in your purchase.
Yes, there are a few FHA approved townhomes/condos in Encino.
If you're working with an agent he/she should be able to confirm the FHA approval and inform you if those properties are within your price range.
If you have not selected an agent to work with yet, I am available to assist you.
I work with Coldwell Banker Sherman Oaks Office and I service many of the San Fernando Valley neighborhoods including Encino.
If you've been pre approved for a mortgage and are ready to find your "home", hopefully before the Tax Credit expires on 4-30-2010, please give me a call.
Looking forward to hear from you,
Certified Negotiation Specialist
REO and Short Sale Specialist
Call Eli Weinberger at Bank of America, 310-927-2467 - Tell him I sent you. He has worked with a lot of my first-time home buyers, including those getting FHA loans. He can help see if he can get you pre-approved for a loan.
Contact me too about the opportunities in the San Fernando Valley market - I am very experienced in that area and can help you find a great property and navigate the buying process. Give me a call at 310-482-0173 or email firstname.lastname@example.org. (and remember, using a buyers agent doesn't cost you a penny - the fees are paid for by the seller)
Look forward to speaking with you,
#1 Buyers Agent Keller Williams Los Angeles Region... more
You are right, there are many short sales in the market. But there are REOs too. Maybe you can expand your search to Tarzana and/or Woodland Hills. Let me know if I can help in any way.
If you are south of the blvd in the hills you should absolutely do a geological survey, if you are in the flats, then you might want to see what your general inspector recommends. The inspector may see signs of structural or geological issues, or may not. I live in the area, in the flats, and haven't seen many issues, aside from mostly chimney's having problems after the 1994 earthquake. But your inspector will be able to guide you much better, as well as your realtor. Best of luck to you.
You can find 2 bedroom condos in Tarzana for under $200,000. There are none currently available that aren't short sales or "cash-only," but they pop up once a week. The most recent escrows were at Lorena Villas (18307 Burbank) were a 2 bedroom upstairs with freeway noise sold "in the high $170,000s." If you would like to see properties, let me know, I sell as many condos in Tarzana as any other agent.
if you want to check foreclosures, auctions and pre auction properties check my website: free of charge. Any area, any state.
When you find something you like, i'll send you full report about that property in minutes.... more
I checked the MLS for you, and I do not see any properties currently available for sale in Encino on Hayvenhurst and in that price range. Please provide me with an address of the property you are interested in & I would be glad to look into it further for you. My contact info is below.
Thanks, have a good day...
Coldwell Banker Residential Brokerage
15490 Ventura Blvd.
Sherman Oaks, CA 91403
Email: email@example.com... more