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Alhambra : Real Estate Advice

  • All61
  • Local Info3
  • Home Buying24
  • Home Selling5
  • Market Conditions2

Activity 34
Sun Oct 13, 2013
Sean Dawes answered:
Buyers always want to look for the bottom of the market to get "the best deal" but in all reality, an average homeowner lives in a home 5 years. If you are looking to buy a home and then instantly make money on it, you are really looking as an investor and should look for cashflow which wont apply to a primary residence.

You could wait a few months and see if prices do come down or if you like the home, negioate a price you are happy with a month and can afford. If you think you will move in less than a few years then I would say continue to rent.
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Sun Nov 8, 2009
John Barry answered:
Hi Jenny,

I just emailed you regarding your question. Please provide me with the address or any other info on the unit if you have it, and I would be happy to try to find out whatever I can for you on the property. I was unable to locate any available units on that street with that particular number.

Please reply to my email or contact me using my info below.

Thanks, have a good day!

John Barry
Coldwell Banker Residential Brokerage
15490 Ventura Blvd.
Sherman Oaks, CA 91403
Cell: 323-810-7976
Email: john.barry@coldwellbanker.com
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Mon Jun 22, 2009
Julie Magnuson answered:
Not For Sale. Did you see it listed somewhere? It could be listed, the agent might want to pocket the listing.. Good Luck.. Julie
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Mon Apr 20, 2009
Dana Schuster answered:
if you could give the exact address someone may be able to answer your question.
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Fri Oct 24, 2008
Michael Barron answered:
You would need to have a title report prepared on them. I would also recommend you hire a realtor or attorney to fill out the legal CARPA paperwork. There are many clauses that you really need to understand inside and out.

Kind Regards
Michael Barron
Realtor/MBA
First Team Real Estate
(714) 552-6817
michael-barron@sbcglobal.net

PROFESSIONAL, HONESTY, INTEGRITY, RESULTS
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Thu Oct 16, 2008
Laura Karambelas answered:
Hi Ada-

If you have the address, many times you can pull it up on your local tax assessor's website. If you are having trouble finding it there, call a local Realtor and ask them if they can provide you with that information as I am sure they would be happy to help.

I hope this information helps!
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Wed May 27, 2015
Monique & Joe Carrabba answered:
Hello Landon,

You should hang your liscense somewhere. If you are a broker than if you don't hang your license you should get E&O insurance. In order to get a SUPRA key you generally need to belong to a board.

Best,

Monique Carrabba
Keller Williams Wilshire
mcarrabba@kw.com
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Tue Mar 30, 2010
d answered:
The best thing to do will be to contact your agent or builder and ask them to refer a lawyer.

Also, the person drafting your design should have lawyer reference too.
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Thu Apr 10, 2008
Dot Chance answered:
Did you sell your home yourself? If not, your agent should have walked you through all of this.

My guess is that the first appraisal did not come back at the price they are buying your condo for so they requested another appraisal.

When you buy a home in California there are certain contingency periods in which the buyer has x number of days to have a home inspection, appraisal and loan approval done. Once they remove those contingencies they cannot back out of the agreement without losing their deposit money.

The HOA should have presented them with CCRs and the minutes of the meetings for the past 12 months and probably a balance sheet. Until the HOA gives your buyer that info and gives escrow an HOA Certification, escrow cannot close.

Would you like to close escrow early? If so, it shouldn't be a big deal - especially if you are already moving out.

Did you have contingencies such as "Seller must find replacement property" before closing? If so, then when the time is right you would need to remove your contingency.

Without seeing your paperwork I am merely offering my opinion according to the facts that you have represented.

Here's to a smooth closing for you!

Dot
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Fri Mar 14, 2008
CJ Brasiel answered:
Peter,

The seller questionnaire and the transfer disclosure statement are required disclosures for residential properties. The thought process being that the owner has lived there and knows not only current issues but but also past issues related to the property. The home inspector is only there 2-4 hours and may not discover all items. (i.e. attic to crowded to see x, y, z) Between the seller's knowledge of the property and a professional inspection, the buyer is more likely to get a complete picture.

CJ
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Sun Mar 9, 2008
L.A. Real Estate Group answered:
Hi Peter,
Usually it is the seller who pays for all those fees, unless special agreements are made ahead of time by all parties involved. This in turn will help you when it is your turn to buy.
Good Luck.
LA Real Estate Group
info@MyLARealEstateGroup.com
www.MyLARealEstateGroup.com
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0 votes 7 answers Share Flag
Tue Feb 23, 2010
Bill Eckler answered:
Kak,
Every locality has a system in place for home owners to challenge their taxes. There is generally a short designated period of time to present your case. Contact your area tax department and find out the specifics and then build your case by examining the local tax records to identify information that supports your position.

Good luck.

The "Eckler Team"
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Sun Jan 20, 2008
Pam Winterbauer answered:
Jeff.....

Realtytrac is a service that tracks foreclosure listings or actually pre-foreclosures.
0 votes 3 answers Share Flag
Mon Aug 4, 2008
David Melford answered:
Hello Lee,

That's a loaded question and I wouldn't generalize as it would depend on what kind of property (use; income, condo, house, etc.) and what the the need for value is for. I like statistics from the California Association of Realtors ("CAR") quarterly report and try Altos at http://research.altosresearch.com/research/CA/ALHAMBRA/552
That's a neat snapshot of month to month activity. You know what they say; "supply & demand" and right now, the supply has gone up a lot in the last 3 months, where we have a buyer's market. There is a nine month home supply, number of sales on average have dropped 11.4% from last year, but yet again, the medium price is up 3% in most of California, however CAR is showing ALHAMBRA down 9% from last June, where the average medium is $500,000 as opposed to $550,000 (2006). Price strategically. Have your agent run a CMA.
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