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92833 : Real Estate Advice

  • All28
  • Local Info1
  • Home Buying13
  • Home Selling6
  • Market Conditions0

Activity 59
Fri Oct 30, 2009
Lars Nordstrom answered:
I would say it is. Keep in mind that they will have an idea of what's wrong with the home and won't cover pre-existing conditions, but it's always safe and wise to have
0 votes 16 answers Share Flag
Tue Jul 28, 2009
Kurt answered:
Hello Tendermlo!

Please call me or Email me to schedule an appointment......I am a foreclosure expert with the largest Century 21 franchise in Southern California.

I look forward to helping you as a buyer at NO COST to you!

Kurt Steinhebel
Century 21 Superstars-Award
Orange County
... more
0 votes 1 answer Share Flag
Wed Jul 22, 2009
Susan Henry, Realtor Associate answered:
Good Morning! Call a local Realtor whos known as an expert & trusted advisor for your specific location. I recommend any RE/MAX Office.
0 votes 3 answers Share Flag
Sat Jun 20, 2009
Steven Abraham First Team answered:
Diana, hi!
Please email to me what is most important to you in a community and I will email you some community facts and stats.
My email address is: & cell number is 949-378-4005
Steven Abraham
Prudential CA Realty
"24 Years of Professional Real Estate Experience"
... more
0 votes 1 answer Share Flag
Sun Jun 2, 2013
Karen Parsons Fiddler answered:
Hi David,

Well....I'm a good agent who would love to work with you :). There are some great properties in Placentia right now....I'm sure we can find some that will interest you.

What I normally do to start with a new client is to set up a website where we can load a search of specific criteria and begin to create a list of possible homes. This is an example of one I have set up as a sample:

This is a free site and as you can can make notes, map homes, send me a direct email for questions etc. I can also recommend homes I think you might like. Once you have found some that interest you, we can go see them.

If you would like me to set this up for you and get started...shoot me an email and I'll get you a link for the site, then we can go from there.

... more
0 votes 8 answers Share Flag
Tue Mar 31, 2009
Karen Parsons Fiddler answered:

Opinions....plenty of those! My feeling is that since they are going to be creating a very upscale neighborhood, this will be a nice impact on home prices. The only saying about buying the worst home in the best neighborhood? Because of the type of homes being built, the neighborhood amenities and businesses will also respond to the needs of the upscale area. This wil bring the entire Coyote Hills area up in price.

Obviously the older homes might be valued less than the new ones? But take into account the taxes and fees, you should find that many people will want to be in that general area, but happy to take an older home in good shape.

Hope this helps!

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0 votes 3 answers Share Flag
Sun Mar 22, 2009
Bob Phillips answered:
Hello Eddie,

If your friend is a permanent, or non-permanent resident alien they can obtain an FHA loan. Those presently require as little as 3.5% down, OR, a with a gift from a relative, can even be "no money down".

He/She will need a FICO score of 580 or higher for an FHA loan of up to $417,000., or, if more is needed, a score of 600+ for an FHA loan of up to $729,750.

I have included a link to my favorite lender's website, in the web reference section - Good luck to your friend finding the right solutions.
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0 votes 2 answers Share Flag
Mon Mar 16, 2009
Bob Phillips answered:
That is a legal question that most Realtors are not legally qualified to answer. Your lender probably has a preference and will demand that the escrow at least closes with that preference intact. After the close of escrow, however, there are numerous tactics that co-owners can employ, and many do. A party can be removed, by mutual agreement, or in the most likely case, title is transferred to a trust. I hope that helps. ... more
0 votes 1 answer Share Flag
Thu Aug 15, 2013
Dave Osborne answered:
Are you referring to the programs announced today? You can see the requirements for those spelled out on my Trulia Blog:

If you don't qualify for either of those, you still have options. Feel free to call me at 714-349-5454 to discuss your personal situation for free and with no obligation whatsoever.


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0 votes 14 answers Share Flag
Sun Mar 1, 2009
James Gordon ABR SFR SRS answered:
AL a blanket statement that 75% of asking price is a reasonable closing price on all REO listings will not work. It depends on the property, I have seen properties close at 30% of list that are REO (very rare) and I have also seen properties close at 130% to list price. It all depends on the property. ... more
0 votes 3 answers Share Flag
Thu Feb 26, 2009
Walter 'Skip' Kersten answered:
Hi Jenny,
I grew up in Fullerton and graduated from Troy High School. I would be happy to help you. Please email me at and I will send you properties to review. I look forward to hearing from you.
Warm regards, Walter
... more
0 votes 4 answers Share Flag
Mon Feb 9, 2009
Thom Colby answered:
How do you know it needs $30 - 40K in repairs? Are you working with a Realtor? If so, your Realtor can provide all of the "comps" for you to make a decision about how much to offer. No one here will tell you what price to offer as that is the buyer's decision. I can tell you that from the "solds" I see in that development, even bank owned properties like this one are selling in the high $300's to low $400's. This property was built in 2004 and that buyer paid $416,000 - the last owner paid $535,000 in 2005 and the bank now owns it for $488,750. So what you really have to judge is how much more is the bank willing to lose. In December th ebank put it on the market at $379,900 and reduced it to $360,900 last week.

Best of luck !

Thom Colby
Broker & Realtor
Orange County, CA
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0 votes 6 answers Share Flag
Sat Jan 17, 2009
Deborah London answered:
Hello Mayi. This is a worthwhile question. Many banks are accepting contracts that have a Buyer's request for a credit. If a particular bank WILL NOT accept this, you'll know while negotiating. The bank will then most likely counter out your request and then it's up to you if you wish to proceed with the purchase and receive no credit back. Is this helpful to you? ... more
0 votes 7 answers Share Flag
Wed Aug 27, 2008
Dave Osborne answered:
If I understand the question, it sounds like there are a lot of pieces missing from this puzzle. If it has Only a notice of default, the homeowner has the right to try and sell it still. If it is for less than what the owner owes the bank, it is considered a short sale, and requires bank approval on the price. Depending on where you found this home, you could just be looking at the amount that is delinquent. If the bank that filed the notice is the 2nd, you will still be responsible for paying off the first.

Unless you are very clear about the process, NOD and NOTS can bring you more grief than value. Let's review what you are looking at, for free, to make sure you have all the information you need to make a decision.
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0 votes 3 answers Share Flag
Mon Jan 21, 2013
Cristal Drake Fullerton Realtor - North Orange County Real Estate Agent answered:
Hi John!
I am not sure that I am understanding your question. Are you asking the difference between CALHFA and FHA? I have some great lenders that are very familiar with all types of loans like this. I would be happy get you to the right people. My contact information is below if you would like to contact me for more information. Cristal Drake, Realtor...At Your Service! ... more
0 votes 5 answers Share Flag
Fri Aug 8, 2008
Sj209 answered:
In-ground pool? Yes, in most cases. It really depends on the exact property. Other types of pools may not give an advantage.
0 votes 6 answers Share Flag
Thu Sep 11, 2008
Joe Homs answered:

You just about answered your own question. Look for a neignborhood that the homes were recently remodeled, painted, landscaping, etc. What we like to call "Pride in your neighborhood." Stay away from busy streets, commercial areas, graffiti, and areas where the neighborhood has just given up.

If you need assistance with your search please call or email me. I just finished a remodel of a home at 1461 W. Ash, Fullerton not too long ago which I purchased as a fixer. Take a look at this neighborhood so that you can see the turnaround.

Joe Homs
Realty Partners
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0 votes 9 answers Share Flag
Mon Apr 21, 2008
Jacqueline And Ken Moon answered:
It was foreclosed upon and there was a trustee sale on April 9th. We don't have the information on how much it sold for. It won't post to the county records until after the transaction closes. There are some excellent buys right now in that price range. (It appeared that it was approx. $500k). We just found a Buyer a very nice 1700 sq.ft. property home (3 bdrms/2 baths) with a nice size yard in a good Placentia neighborhood for $425,000. It was not a foreclosure or short sale. Let us know if we can help you look for a home. ... more
0 votes 1 answer Share Flag
Wed May 4, 2011
Joe Homs answered:
The best thing to do is first contact a full-time agent that can email you homes in the Fullerton Area that meet your specific preferences. There are some great buys right now in all the areas of Fullerton/Brea. You can log onto my website below and create a search for yourself. If you need additional assistance, you can call me with questions.
However, to answer your question would be difficult without knowing more details about you, your family, and your finances. I just sold a home on Ash Street, Fullerton that was completely upgraded in a nice family neighborhood. I would love to show you some property.
... more
0 votes 20 answers Share Flag
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