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Carson : Real Estate Advice

  • All97
  • Local Info12
  • Home Buying34
  • Home Selling2
  • Market Conditions3

Activity 60
Tue Aug 10, 2010
CJ Brasiel answered:
Jo -

Asking for cash outside the HUD-1, circumnavigating the short sale lender is considered fraud. Have your agent and their broker bring attention to the listing agent's broker immediately.

CJ
... more
0 votes 6 answers Share Flag
Tue Aug 10, 2010
Glenn Gaspar answered:
Hello Jo, First thing speak with your agent and ash him/her if you had submitted with your offer the SSA, Short Sale Adendum, form. This form protects you and states when all time frames stated within the purchase contact are to start, plus when your deposit is to be submitted into escrow. Start there for if you did...Your close of escrow date will be different then what you have been told if you do not have the short sale approval letter from the bank. ... more
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Mon Jun 14, 2010
Anna M Brocco answered:
Yes, rent to own properties do exist --consider working with an agent as he/she can answer questions, locate properties, schedule showings, handle related paperwork, etc.
0 votes 1 answer Share Flag
Tue May 18, 2010
Anna M Brocco answered:
If paying in cash, you may be able to purchse--however, inform yourself as to exactly what permits are needed--do check with the local building's department first as to exactly what will need to occur as it relates to this specific property in order to obtain permits and c/o's--then make your informed determination. ... more
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Thu Jul 24, 2014
Anna M Brocco answered:
Fair Housing Laws, prevent an agent from answering the question--If you are not familiar with the area, drive around the neighborhood more than once and at different times of day to get a sense of belonging. Check out area statistics; real estate professionals are prohibited from “steering”—enticing a buyer to purchase, or not, in specific neighborhoods; so, you should check out demographics on your own to assure your comfort level can be reached. ... more
0 votes 9 answers Share Flag
Wed Aug 11, 2010
Deon Williams answered:
Gar,

I appreciate the sensitivity of your situation; however, I must emphasize from an investor position what they are usually looking for. An investor is usually looking for a scenario that will make capital sense for their involvement. At $400,000, in this marketplace, your particular property isn't advantageous for an investor to want to get involved. This is in fact the hardest part of being a Realtor, is being the sound voice of reason that has to bring bad news.

My very first short sale was conducted on my parents home, into which they poured countless man hours, and it was tough sledding. But my family has sense moved on to bigger & better things, only to realize that what they had paled in comparison to what they COULD have. The first step in every journey is always the hardest, but it is necessary to reach your final destination.
... more
0 votes 1 answer Share Flag
Thu Sep 26, 2013
Chris Covalle MBA, CPA answered:
Hi Joyclyn, no there is not an age limit factored into the refinancing or purchase processes as that would be discriminatory behavior. The traditional factors are reviewed-debt to income/credit score/loan to value, etc. Please feel free to contact me w/ any additional questions, Thanks, ... more
0 votes 6 answers Share Flag
Wed May 12, 2010
Ralph Windschuh answered:
My first question is: do you have a signed buyer broker contract with your realtor? If not, you may want to consider changing realtors. A good buyer's agent should be able to properly advise you on how much to offer and assist in negotiating to make sure the deal goes through or you at least have a decent shot at getting your offer accepted. I would be pleased to refer you to an agent if that helps. Please feel free to contact me.

Ralph Windschuh
Certified Buyer Representative
Senior Real Estate Specialist
Associate Broker
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com
... more
0 votes 16 answers Share Flag
Sun Jan 24, 2010
Carl Henker answered:
Deoends on where your FICO is now. Is it over 620? Can you document your income? Many factors will impact your ability to obtain a conventional loan.
0 votes 4 answers Share Flag
Thu Dec 24, 2009
Carl Henker answered:
Did they have the property in a Trust or is he just the beneficiary of their will? If he was in title on the house he would be on the deed which sounds like it is not the case. You will need to read the deed and find the will or trust. ... more
0 votes 1 answer Share Flag
Sat May 11, 2013
Fran and Mark Redding answered:
Lenora

Any equity remaining after paying off the mortgage,costs of sale and any other property liens would go to your estate to be distributed according to your directives.

Fran and Mark Redding
Prudential Fox Roach
1010 Stony Hill Road
215-504-7500
215-321-3307 DIRECT
215-208-7169 Cell
... more
0 votes 5 answers Share Flag
Wed Sep 18, 2013
Rebecca Chambliss answered:
I would suggest you hire a Realtor to help you through this. The bank who did the reverse mortgage has a loan on the house and so they must be paid back when the house is sold. Your realtor can help you get a title report to show who is on title and if the house is held in a trust and then you can take the proper steps to get the home sold.

Good luck.
... more
0 votes 16 answers Share Flag
Wed Mar 24, 2010
Michael Magaw answered:
Is what for sale?

If you want a faster response, send directly to me at M@NHLBrokers.com

Michael Magaw
0 votes 5 answers Share Flag
Mon Nov 16, 2009
E. Dan Ferrera answered:
Hello future home buyer. If you can show proof of income by way of w-2 or even if you are self employed but report through a 1040 I can help you right now. Let me give you a warning though if you are self employed and made $ 60,000 last year but reported $ 15,000 Don't bother. If you are planning on purchasing in Carson you will need more than that to qualify to purchase a place. At any rate call me, I have solutions for your credit ( I can restore and raise your FICO LEGALLY) and for your loan.
Dan Ferrera 323 630 7037 Direct line
... more
0 votes 2 answers Share Flag
Sat Oct 17, 2009
Joyce Reese answered:
Did you ever register and more importantly, do you still have any questions?
0 votes 0 Answers Share Flag
Fri Sep 11, 2009
Slade asked:
Wed Sep 21, 2011
Andrew Jones answered:
It depends ot the repairs. I'm not an expert on the FHA's requirements, but most lenders will not finance a house if it is not basically habitable (i.e. the property must have a functioning bathroom, kitchen, not have any serious structural defects or other hazards, etc.) Some houses are unfinanceable because of this. Best of Luck. ... more
0 votes 5 answers Share Flag
Fri Aug 28, 2009
Emily Knell answered:
Your question didn't link to a house, just email to me the address you're inquiring about & I can let you know if it's still for sale.

emilyknell1@yahoo.com
562-430-3053 cell ... more
0 votes 3 answers Share Flag
Thu Aug 20, 2009
John Paul Ledesma answered:
Try calling the Coldwell Banker Coastal Alliance franchise and ask the manager to help you.
0 votes 4 answers Share Flag
Thu Aug 13, 2009
Steven Ornellas answered:
Hi Peliaca, sorry, I'm pretty sure they are not since they cover maintenance. Consult a Tax Advisor to be certain.

Best, Steve
0 votes 4 answers Share Flag
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