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91508 : Real Estate Advice

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Activity 70
Wed Jan 6, 2010
Michael Barron answered:
Hi there Lore, Foreclosure generally means a bank owned property. Depending on the home, size location will effect the selling price. Many Bank owned homes are great deasl but they can be very competitive with many bids sometimes. But if you are thinking about foreclosures I would strongly recommend that you woek with a professional Realtor who works with foreclosures. This will help you be prepared , and ready to make a smart move when a suitable property becomes available. All these homes can be viewwd from my site.

Kind Regards
Michael Barron
First Team Real Estate
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0 votes 2 answers Share Flag
Wed Jul 29, 2009
Judith "Judy" Hendrickson answered:
Don't purchase a property for more than it's appraisal value. You lose money! You will most likely have to put more money down to cover the 20% required plus the difference in appraised vs real value of the property. The house is no longer the bargain you were looking for so move on. ... more
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Sun Jul 19, 2009
Keith Sorem answered:
Have you talked with a lender?
Artin Babayan, the OCD Group 1-800-963-4623

The $8000 phases out with income, so in order to qualify you probably will not see much of the credit. ... more
0 votes 3 answers Share Flag
Tue Jul 28, 2009
Keith Sorem answered:
There is a lack of inventory in the areas that you are looking, so contrary to media reports, it is common to have multiple offers for attractive properties, particularly in your price range.

Offers must be complete and presented in a way that will get a counter offer if not acceptance. Does your Realtor call the listing agent and ask for an idea of the seller's expectations so the offer is tailored to their needs?

Just faxing over an offer is not really the best method to get your offer accepted.
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0 votes 6 answers Share Flag
Tue Jan 25, 2011
Mission Viejo Real Estate by Valorie Stover answered:
Sun Jun 28, 2009
Dot Chance answered:
Shapur, I did not find these units on the MLS yet. If you email me at and remind me you need this info I will try to drive by there and see what I can find out. Burbank is a busy area for me - I've worked a lot in Burbank ... more
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Thu Jul 2, 2009
Dorene Slavitz answered:
You should pick one excellent buyer agent to work with. Do not try to enlist more then one.
0 votes 6 answers Share Flag
Fri May 8, 2009
Dyanna answered:
In order to qualify for the loan modification the person on the loan needs to sign the modification documents. If both of you are on the loan then you both need to sign. You might have to see an attorney on this because of the impending divorce.

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0 votes 1 answer Share Flag
Thu May 7, 2009
BOB Khalsa answered:
Hi Castor:

Only unit #10 is available. Units 3 & 37 are in escrow and unit #26 has not been listed as yet. Should you want to see unit #10 do let me know.

Bob Khalsa
United America Realty
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0 votes 1 answer Share Flag
Fri May 8, 2009
Burbank Buyer answered:
I would have thought that by now, the sellers would have come back to me begging me to buy their little cape cod. They haven’t. You may think it’s time to forget about that house and move on. This is what my Realtor (whom I love) advises. But I am very picky and looking in a very specific area and NOTHING else comes close to this house in terms of lot size and street/neighborhood quality (the actual house is a dark and dank shack in need of total rehab, as I said).

My question is: Do I make another offer? If so, WHEN? Do you think these people are really interested in selling? What do I want? I want them to sell me the house for a little above its market value.

By the way, the way these people are acting also makes me think they will be difficult during the inspection process; do you agree?

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0 votes 7 answers Share Flag
Mon Mar 30, 2009
John Barry answered:
Hi there,

According to the information available on the MLS, the escrow on this property closed about 10 days ago, on 3/20/09, and the sales price was $250,100.00. If you need any assistance in locating any other properties, or have any other questions, I would be more than happy to help you - I'm an agent with Coldwell Banker and work out of the Sherman Oaks office. Please email me at, or give me a call at 323-810-7976 anytime.

Thanks, have a good night!

John Barry
Coldwell Banker Residential Brokerage
15490 Ventura Blvd.
Sherman Oaks, CA 91403
Cell: 323-810-7976
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0 votes 1 answer Share Flag
Thu Feb 26, 2009
BOB Khalsa answered:
It went into escrow on 2/3/09 and has not closed as yet. The list price is $259,800.

Bob Khjalsa
Broker Owner
United America Realty
U A Property Management
661-313-6107 ... more
0 votes 2 answers Share Flag
Tue Feb 17, 2009
Dave Heck answered:
I think we need more info. Why did you cancel? I'm sure you had a legitimate reason.
0 votes 6 answers Share Flag
Sat Feb 7, 2009
Dave Heck answered:
You can ask for one. It's a fact that construction costs are predominantly labor. That's why do it yourselfer's save so much money. Shop around, there are a lot of quality folks working for a great rate in this economy. Send me an email for more info. ... more
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Sun Jan 11, 2009
Dallas Texas answered:
Difficult to state confer with a tax attorney or CPA who can assist with all particulars invovled.
0 votes 0 Answers Share Flag
Fri Oct 31, 2008
Deborah London answered:
Hi Melinda. Yes, this 3 Bedroom property is headed for a trustee sale. The current owner bought it a year ago and obviously is in financial distress. Are you interested in buying it or any other bank-involved property? If so, please text me at 310-808-3739, email me at, or visit our website below. We're here right now to answer questions or help you with your real estate goals! ... more
0 votes 1 answer Share Flag
Thu Feb 18, 2010
Bev and Alex Gingrich answered:
Hi Antoinette,

Congratulations on finding a home that you would like to buy. First off, what is the address of the home?

The next step is to contact a realtor so that you will have somebody to advise you and write the offer for you.

If you have any questions please do not hesitate to call me on my cell phone at (818) 919-0159. I have helped many people in the Burbank area purchase homes, including foreclosure homes.

Alex Gingrich
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0 votes 4 answers Share Flag
Thu Apr 24, 2014
Lupe Soto, Burbank Realtor answered:
HI, Karen:
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In the comfort of your home you may preview a large share of San Fernando Valley, Santa Clarita Valley & Antelope Valley most inspirational properties listed for sale or lease for all budgets!. Use my complimentary, comprehensive and convenient search tool to see affordable real estate in Burbank, San Fernando Valley, Santa Clarita Valley & Antelope Valley.

Call Lupe to learn more about

how to price your property to sell in todays market?

Lupe Soto
Successfully Negotiating
Real Estate Transactions
with Unmatched Dedication!
818 968 3718
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0 votes 15 answers Share Flag
Wed Sep 24, 2008
Keith Sorem answered:
I checked in the MLS and I found 15 units under $3,000 for rent in Burbank, ranging from $1,700 and up.
If you'd like specific information please contact me via my Trulia profile.
Keith ... more
0 votes 1 answer Share Flag
Sun Nov 9, 2008
Gary Gukassian answered:

I don't believe those numbers are accurate. I was not able to verify that info with other websites. The 1 bedroom condos in the complex start at $399K.

Let me know if you are interested in condos in Burbank. Call or e-mail me your criteria and I will send you a list.

Gary Gukassian
Beverly Realty
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