Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

92870 : Real Estate Advice

  • All11
  • Local Info2
  • Home Buying5
  • Home Selling0
  • Market Conditions0

Activity 17
Thu Oct 11, 2012
Jim Olive answered:
There are banks that deal directly with the public on REOs, but finding them is tricky. Most banks just hand over their REOs to the asset managers who, in turn, deal with one or two agents they know and trust. Best of luck... ... more
0 votes 4 answers Share Flag
Thu Aug 9, 2012
Thom Colby answered:
I doubt anyone on here will have any information relating to your question. I suggest you check with the Police Department records from that period.
0 votes 2 answers Share Flag
Sun Jul 15, 2012
Carlos Morales answered:
It is a regular sale, it means the sale is not a short-sales or bank owned.

A short-sale is when the sale of the house will not pay off the current loan against the house.

Bank owned is when the owner if the house is now the bank.

So equity sale is a traditional sale.

If you have any other question, please call me at 714-955-1932
... more
0 votes 6 answers Share Flag
Wed Jun 12, 2013
Carla Muss-Jacobs, Principal Broker/Owner ~ Exclusive Buyers Agent ~ ABR, CEBA answered:
Why is your credit bad? Where are you living now? Best bet is to clean up your credit, next best bet is to get someone to co-sign the rental agreement with you and take the financial risk. Some landlords will take "life" into consideration. But if you're bad credit score has to do with evictions, late fees, judgments, best of luck with that. If the bad credit is because of something beyond your control, and not your bad choices, you may have a chance. ... more
0 votes 9 answers Share Flag
Tue Jan 13, 2015
Darrell D. Drouillard answered:
As a landlord that has had many applicants try to rent from me, bad credit means that someone - regardless of the reason - has trouble paying their bills and is ok with using other peoples money without paying them back. The score is tied to risk. In my experience, risk relates to time and money to evict a non paying tenant. So my advice is to get your scores up or find someone that doesn't mind renting to someone that has a track record of not paying..... ... more
0 votes 12 answers Share Flag
Thu Oct 20, 2011
Joe Homs answered:
Mary,

Give me a call or send me an email and we can discuss the details of this home.

Joe Homs
949-625-4533
joe@joehoms.com
0 votes 8 answers Share Flag
Sun Jul 15, 2012
Christopher Suh answered:
Hello Stephanie,
Instead of going back and forth on here. Please send me an email and I'll get in contact with you, in regards to your future endeavor. I will go over some options after hearing more of your current situation.

Thank you
Chris
chris@esimplerealty.com
... more
0 votes 7 answers Share Flag
Mon Oct 25, 2010
Monir Mamoun answered:
Probably Corte Vista or Placentia Knolls. What street are you on?

http://www.neighborhoodlink.com/zip/92870
0 votes 4 answers Share Flag
Thu May 6, 2010
Jason Peebles answered:
Protacio,

You said the contract had a close date of 3/30/10, but that did not occur due to, I'm assuming, some underwriting issues from your lender. Did you and the seller agree to an extension (amendment to the contract) to push the date of closing due to the fact that it was not going to close on the date that both parties (you and seller) agreed upon? If so, what is that new date? If no, or if that new date has passed, and you still have not closed, it appears that you are technically out of contract and if that is the case, more than likely the seller can walk away/cancel, because essentially there is no more contract. All terms were not filled (i.e., you being approved for a loan and closing on the home.) Of course, I do not know all of the facts of this particular situation, but from what you have provided, this is the best I could come up with. You may want to discuss with your Realtor, if you have one representing you, if there is a need for you to contact a real estate attorney to further discuss your particular situation. I wish you luck. ... more
0 votes 11 answers Share Flag
Sun Mar 14, 2010
Thom Colby answered:
Klal,

e-mail the address to me at thom@thomcolby.com and I'll check the Title & County Records for you.

Cheers,

Thom Colby
Broker / REALTOR
Southern CA
0 votes 7 answers Share Flag
Tue Feb 16, 2010
Grace Hanamoto answered:
Hello Joe and thanks for your question.

Since a short sale is actually a sale between buyer and seller, the bank will not necessarily absorb or absolve either party in the sales transaction of the responsibility to pay for the taxes. In fact, I've seen and heard of instances in which the bank has required the buyer to pay for 1) property taxes; 2) closing costs; 3) inspections; 4) escrow fees; 5) title insurance; 6) transfer taxes and/or unpaid property taxes and 7) a portion of the second or third liens on the home, including unpaid second and third mortgages and payments to any outstanding homeowners association fees.

So, there are a host of expenses that can come into play with a short sale. Your Realtor should advise of these issues, and should also have completed an exhaustive review of the property to determine what encumbrances, if any, exist on the lot that may become the responsibility of the buyer or seller to pay to complete the transaction. Knowing the outstanding debt will help you determine how to structure your offer to provide you with the best coverage. Keep in mind, however, that adding layers of protection on your offer (while good for you) will not necessarily be perceived as 'good for the bank' and it can make your offer less attractive, so the best strategy is to balance your needs with that of the loss the bank will be incurring.

Talk with your Realtor to determine how best to structure your offer to protect you from having to pay for property taxes. Usually the matter can be addressed simply with an addendum to the offer. Be advised that a short sale addendum will be required, in most cases, and you should read that addendum carefully before agreeing to purchase a home that is being sold short.

Sincerely,
Grace Mroioka, SRES, e-Pro
Area Pro Realty
Co-Host "Naked Real Estate" on www.blogtalkradio.com
... more
0 votes 3 answers Share Flag
Fri Sep 11, 2009
Aaron Zapata answered:
You're in a tough spot. The Loan officer should have submitted the report earlier to prevent this delay. The contract for the purchase, however, is between you and the seller and not between the seller and the loan officer. Therefore, you are legally liable because it is your contract, not the loan officer's. I would talk with your loan officer, however, and see if he will cover some of the costs. Also, you to make sure that these penalties don't violate any FHA rules/conditions associated with the loan. $100 per day x 21 days = $2100. That's a lot of money and the lender may not allow you to pay that. You should check on that too.

In the end, everyone needs to work together as a team; the buyer, the seller, the agents, and the loan officers. Ultimately, you want to get into a home and the fact that you are this far along is great. You'll be living in that house before you know it and all this will be in the past. Don't let it ruin your enjoyment of your new home.
God bless.
... more
0 votes 4 answers Share Flag
Thu Oct 17, 2013
Joe Homs answered:
Jal,

Yes, with the information you have provided. But, if you provide me with additional details, like bedrooms, baths, and garage size, I should be able to answer your question more thoroughly. You can always log into my website where you can search like a "real estate agent" for yourself. Call or email if you need additional help.

Joe Homs
Realty Parnters
949-625-4533
www.joehoms.listingbook.com
... more
0 votes 9 answers Share Flag
Tue Sep 1, 2009
Carolynn Santaniello answered:
Craig,

Please give me a call if you would like to interview each other. I work extensively in the central Orange County area.

Feel free to check out my blog as well.

Regards,
Carolynn Santaniello
714.797.3622
carolynn@ocrealtress.com
www.OCRealtress.com
... more
0 votes 1 answer Share Flag
Fri Apr 24, 2009
Aaron Zapata answered:
One of my coworkers' mom lives in that community. She really enjoys living there. It is a new community, built in the early 2000s. The homes are nice and the community is fairly quite. It is convenient to shopping and is fairly close to freeway access (within 10 minutes) so that is a plus for people who have to commute on the 55/91/57 freeways. ... more
0 votes 1 answer Share Flag
Fri Sep 20, 2013
The Hartanov Team answered:
Hi Craig,
Our team would be interested in learning more specific information as to how we can be of assistance.
Email your contact info to Request@HartanovTeam.com and we'll give you a call. ... more
0 votes 12 answers Share Flag
Thu Jul 10, 2008
Oc Buyer answered:
what's the square footage of the house and the lot size? what street is it on or nearest cross streets?
How's the lawn?
0 votes 8 answers Share Flag
Search Advice
Search

Followers

369