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Home Buying in Camarillo : Real Estate Advice

  • All111
  • Local Info7
  • Home Buying36
  • Home Selling4
  • Market Conditions10

Activity 34
Tue Apr 30, 2013
Barry Shapiro answered:
We live locally here in Camarillo. Water/Trash and Sewer run apx. $95.-$100./month. Gas in the summertime is for our gas range only and runs apx. $20./month. Winter gas bills will be higher, for forced air heating, so the gas can be $100-125./month. There are a lot more variables to consider: Home insulation, size of family, size of house, weather factors, etc. The individual utility companies may advise you on their usage trends, as well. I hope this helps! ... more
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Tue Aug 21, 2012
Phil Rotondo answered:
A Sale is the first time the home is sold as in new construction. Resale is for an existing home that has been sold at least once before.
0 votes 2 answers Share Flag
Mon Sep 15, 2014
Chris Chin answered:
Is the clause in the Buyer Representation Agreement or in the Residential Purchase Agreement? Customarily, the seller pays the commission for the selling and listing agent (between 5-6% total). If you do not trust agent, I would seek legal counsel or consult another Realtor.

Chris Chin
(805) 258-2870
... more
0 votes 12 answers Share Flag
Fri May 3, 2013
Suzanne MacDowell answered:
I always tell my clients to shop around for a mortgage. I would strongly suggest you call the other lender, the one that gave you the better interest rate and fewer fees last time. Call one other lender as well. Ask for a Truth In Lending Statements, place them side by side, and choose the best one, the one with the lowest interest rate and the fewest fees. THIS TIME, stick with which ever one gikves you the best deal. I don't know about you, but I try to stick with vendors who give me the best deal, the first time, without me having to play one vendor against the other. ... more
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Tue Mar 27, 2012
Chris Chin answered:
Hi Cathy,

It depends on several factors.
(1) How long you intend to stay in the home.
(2) What the rent to mortgage ratio is in the area and price range you are looking in.
(3) Job stability.

Also, if you don't know the area you are moving to, then you may want to rent to get to know the area better. But with that said, the interest rate is at historic lows and many deals do exist. So now wouldn't be a bad time. I recommend sitting down with an agent familiar with the LA area and go through your options.
... more
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Sun Aug 4, 2013
Abu Musa answered:
The best explanation you can get from a mortgage banker. You may talk to a mortgage banker.Thank you.
0 votes 15 answers Share Flag
Tue May 3, 2011
Barry Shapiro answered:
You really never know with a short sale. You can definitely have 'expectations' -- but the fact of the matter is that it's up to the seller's lender and/or lenders. Good luck! ... more
0 votes 7 answers Share Flag
Sun Jun 19, 2011
Fran Rokicki answered:
Ask your friends and family to refer you to someone who they know and trust. That's the best agent that you will find:) Very exciting time to be buying a home! Congratulations from this Ct Broker! ... more
0 votes 9 answers Share Flag
Tue Mar 26, 2013
BG answered:
I recommend to spend 1hr every day looking at Trulia listing or MLS listing. By the time you fly out to that location, you will be a much better informed buyer than totally relying on an agent. ... more
0 votes 6 answers Share Flag
Sun Jun 5, 2011
Gary Geer answered:
You can call any agent to set a viewing time. If it's not their listing they will contact the agency who has the listing and show you the property. The agent who shows you the home should explain agency prior to your showings. That is, who they represent. Also with any person listed here on Trulia you can check their personal profile to see if it's a good fit for you prior to contacting them.

All the best,
Gary Geer
... more
0 votes 15 answers Share Flag
Wed Feb 16, 2011
Bonnie Sterling answered:
Spanish Hills is ome of the most desirable areas in Camarillo. I think that this will be an excellent investment and I think you will be very happy in this area. It is hard probably to gauge value for an area far away from your own for sure. Ventura county offers excellent resources and, in my opinion, a better, simpler lifestyle than the valley and greater LA area. The weather in Camarillo is so much more comfortable than Calabasas too. Many homeowners rarely turn on their air conditioning in the Summer.

There is a lifestyle choice to consider. If you will be fully making the transition to living in Ventura County, you will probably find it to be very enjoyable but if you will still be
... more
0 votes 8 answers Share Flag
Mon Sep 20, 2010
Annie Nguyen answered:
Hello C.,

Are you the buyer or the seller/ You stated your agent as Listing Agent. I wonder if your agent acts as dual agent for the transaction. For the record, if you are the buyer and the seller delivers the writen notice of approval from the lender and you actually receive it and sign on the document. Then 3 business days from the date you receive the notice from the seller, your agent has to deliver the check for the earnest money to deposit to preescrow account the title company. In the shortsale addendum your agent must check the box in the section 2 which states the " Buyer's deposit check shall be held uncashed until the Day After the Seller delivers to Buyer a written notice of Short Sale Lender's consent" Please notice the capital letters being used in the sentence to let you know that really emphasizes the matter has to be take in greatly consideration in your written offer to purchase a shortsale property. If you have more question please feel free to contact me so I can answer your question. Good luck ... more
0 votes 13 answers Share Flag
Mon Mar 25, 2013
Don Tepper answered:

Generally, location is a very good thing.

The drawback sometimes is traffic congestion and noise.

But, generally, the closer you are to transportation (highways, subways, bus routes), shopping (both food and other things), entertainment, and so on, the higher a property's value. As I mentioned, sometimes the trade-off for location is traffic congestion and noise. If a home backs up to a major highway, that's not so good. If it's right across from a school, and you'll have school buses jamming the roads for hours every day--along with lots of screaming kids--that's not so good. If you're right at the end of an airport runway, that's not so good.

You get the idea.

But if you can balance convenience and location with the quiet and security that most people want, that's a good thing.

Hope that helps.
... more
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Wed May 15, 2013
Barry Shapiro answered:
I would recommend that you set up a face-to-face meeting with your agent and their Broker. You need to have answers based on the signed contract, not on heresay. Obviously, you are are not pleased with the current status of your purchase, but I assume you are still within your time-frames to cancel the contract (and escrow) and receive a refund of your earnest money deposit. ... more
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Fri May 3, 2013
Mission Viejo Real Estate by Valorie Stover answered:
Thu Jun 10, 2010
Anna M Brocco answered:
You may still wish to be more specific--keep in mind that short sales are by no means fast sales unless pre-approved by the lender from the very beginning--the seller can accept whatever offer he/she wants, but the lender decides to accept, reject or at times counter offer--what is your agent and or attorney suggesting--and as your previous question stated who is fleecing you. ... more
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Sat May 22, 2010
Anna M Brocco answered:
If you are not satisfied with the services rendered by your agent, contact the broker owner of the realty company and explain your concerns--You should not have to pay any up front money for any negotiator--if a negotiator is used, he/she can get paid at closing from the proceeds of the sale. ... more
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Wed May 15, 2013
Joseph Domino answered:
You need to provide more details. How are you being fleeced? Who is fleecing you?

It is very difficult to renegotiate after you have a contract, but canceling may be your best option. Also, sometimes the threat of cancellation can reopen negotiation. Your agent should be able to help in this regard that is their job. ... more
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Sat May 22, 2010
Anna M Brocco answered:
Attorney fees can be negotiable, some are flat fee some are hourly--you can check with your local Legal Aid Society or the Bar Association, etc., for area referrals.
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Sun Jan 5, 2014
Corey Dwan answered:
What is the situation of you pulling out of your contract? Do you have anymore outs like Inspection or Loan Conditions? Earnest money is returnable if you back out appropriately.

Corey Dwan
Benson Sotheby's International Realty
970-596-3219 Cell
... more
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