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Home Buying in 91723 : Real Estate Advice

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Activity 17
Sat Jan 26, 2013
carlos parrague answered:
I strongly suggest you contact a local agent. Why not? Landlord pays the commission. I suggest Shannon Chang 626-319-8545
0 votes 4 answers Share Flag
Wed May 22, 2013
Jonathan Chi answered:
There are currently 62 homes for sale in Covina, CA.
0 votes 7 answers Share Flag
Fri Aug 24, 2012
Jaime Avilez answered:
I can help by giving your family and theirs access to our Realtor access system which will allow them to search properties within their available time and the information is up to date and it would be the same information I would find when I research for them.

They can send me a private e-mail with their interest and I can easily add them on,

Thank you for the opportunity!
... more
0 votes 1 answer Share Flag
Thu Apr 28, 2016
Michael Cheng answered:
You're on the right path. Get started right away as it's difficult to find a good quality property in California's tight housing market. Meanwhile, try to save up as much cash as you can to give yourself the most flexibility in competing for deals. ... more
0 votes 3 answers Share Flag
Mon Sep 19, 2011
Anna M Brocco answered:
If you don't plan on utilizing an agent, do consult with an attorney who specializes in real estate for all related paperwork....
0 votes 11 answers Share Flag
Fri Dec 31, 2010
Sara Mehrpouyan answered:
You can ask a real estate agent to look up the owner's name history. You may also go talk to the neighbors too, if you like. They usually like to gossip. As a buyer, you have the right to investigate the neighborhood. Good luck.

Sara Mehrpouyan Cdpe
Rodeo Realty
Dre #01712757
... more
0 votes 4 answers Share Flag
Mon Oct 25, 2010
Sonsie Conroy answered:
I'm not Joan, but I know you can't have two escrows running concurrently. There can be only one buyer (deal) at a time. It would be helpful if you could provide more details. Perhaps I'm not understanding the question correctly. ... more
0 votes 1 answer Share Flag
Mon Feb 13, 2012
Jimmy Esqueda answered:
For whatever reason escrow did not close put the loan on hold. Inactive means the loan is on hold; the loan is not being processed. Eventually the loan can cancel if it remains on hold (or inactive). ... more
0 votes 4 answers Share Flag
Thu Jul 29, 2010
Anna M Brocco answered:
Since no link is visible, you may wish to post the link so that an address can be found and your question answered--in the meantime, any local agent(s) can help you, contact any realty office(s) and inquire. ... more
0 votes 3 answers Share Flag
Sun Dec 13, 2009
Emily Knell answered:
Yes, this can happen.

If you are the buyer and this is a short sale, re-submit your offer for what your appraisal came in for & make sure the listing agent turns over your appraisal report to the bank so they can see it, they should come down in price to sell for Fair Market Value.

If this is an REO property, the bank may tell you to pay the difference because there are other buyers who will step up & do that.
... more
0 votes 2 answers Share Flag
Fri Oct 9, 2009
John Barry answered:
Hey Sgmc2,

If you are looking at one of the "Realty Trac" posts that says a Notice of Default was filed against the property, the amount shown in the post is generally not the sales prices of the house but rather the estimated amount due on the loan, and the property is just beginning the foreclosure process when the notice of default is filed - it may or may not actually come up for sale as a foreclosure property. The owner could bring the loan current & remain in the home. If the home were to ultimately go into foreclosure & sell, it would likely sell for the fair market value of homes in the area. Also, generally a buyer does not take over the payments on the existing loan on a property when purchased - that loan is normally paid off, and the buyer has a new loan against the property.

Do you have an agent you are working with? I would be happy to help you out & give you some guidance - please send me an email at & let me know what you are looking for.

Hope this info helps - have a good night!

John Barry
Coldwell Banker Residential Brokerage
Sherman Oaks, CA
Cell: 323-810-7976
... more
0 votes 2 answers Share Flag
Wed Sep 28, 2011
Dallas Texas answered:
Have you consider a lease option purchase increase your credit scores where you can qualify for a loan.

580 credit score more than likely no

I do consultant across country review credit reports for repair issues or concerns. It takes approx. 60 -90 increase

Hope these suggestions assist in your situation.

National Featured Realtor and Consultant, Mortgage Loan Officer, Credit Repair Lecturer
... more
0 votes 4 answers Share Flag
Fri Jul 10, 2009
Mission Viejo Real Estate by Valorie Stover answered:
You need to find out where the houses are at that price and put in offers. It may mean that you will be putting in lots of offers before you get lucky! Some buyers have put in 10 to 20 offers before they get one but stay with it. I'm not in your area but you can search though my web site for that area. ... more
0 votes 3 answers Share Flag
Fri Feb 20, 2009
Gita Bantwal answered:
I would read the contract carefully . Are you working with an agent or buying directly from a seller. ?If buying without an agent , please get an attorney. Maybe the seller means it is non refundable if you back out for no reason . Make sure you have good contingencies to back out if you do not get a mortgage or if you are not satisfied with the inspection etc. Get an attorney to prepare the contract. What is your state law? Laws vary from state to state. ... more
0 votes 2 answers Share Flag
Wed Mar 12, 2014
Joan Patterson answered:

I am very sorry you are going through this. First of all, escrow cannot be opened until yours is cancelled. I would not sign anything to cancel until you have discussed this with your attorney. You may wish to talk to a real estate attorney about what you should do now. This makes no sense to me that now the seller will have to sell by doing a short sale for less that what is owed when you have a higher offer (I am assuming?)

My best advice to you is to talk to legal counsel to make sure this is taken care of correctly for you.

Good luck!

Joan Patterson, B.A., A.S.P., G.R.I., Realtor
Keller Williams Realty
8250 White Oak Avenue, Ste 102
Rancho Cucamonga, CA 91730
... more
0 votes 4 answers Share Flag
Thu Jun 3, 2010
Vicky Chrisner answered:
If the buyer wants to avoid the short sale process and is willing to pay the difference between the previously agreed upon price and the appraisal price, then he just pays it (check with lender to make sure that use of these "reserves" do not affect qualifying). The buyer simply doesn't exercise his appraisal contingency in the contract. ... more
0 votes 6 answers Share Flag
Fri Dec 3, 2010
Marcia Wray answered:
Mari, CMA's are critical in buying and selling. Do you have a Buyer's Agent agreement with your realtor? Many agents are reluctant to give too much information or do too much work if they do not think they will get paid for their work, which is understandable. If you do have an agreement, then communication is key. Tell your agent of your expectations. An agent should be willing to help you with what you are interested in not just what they want to do or enjoy doing, but a realtor does need to be honest about the "ups and downs" of certain situations. If your agent is not comfortable with or capable of handling your specific situation, ask them to refer you to another realtor who specializes in that area. It is also okay to find another realtor if you are not able to communicate well with your realtor or if you don't think they are working for you.. ... more
0 votes 14 answers Share Flag
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