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Home Buying in Culver City : Real Estate Advice

  • All122
  • Local Info4
  • Home Buying50
  • Home Selling4
  • Market Conditions3

Activity 52
Wed Sep 4, 2013
Dorene Slavitz answered:
Dear Puneet,
As you might be aware, the City of Culver City is right on top of this issue inviting the public to take part in their discussion draft for regulations. Some of their recommendations are
New applications for oil and gas drilling must reduce,noise,odor,safety health and environmental impacts,to homeowners etc.
You can take a look at what they are drafting at http://www.culvercity.org.
... more
0 votes 2 answers Share Flag
Sun Apr 21, 2013
Robert Chomentowski answered:
Sometimes you can find lease to own opportunities on Craigslist. But be careful and read up on lease options before you buy. Sometimes the sellers are savvy investors that are stacking the odds in their favor with the lease/option terms. ... more
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Sat Mar 23, 2013
Lena Samigoullina answered:
I'd be happy to assist your buyer. I know the area very well.

Lena Samigoullina

lenasrealtor@yahoo.com
Direct: 310.625.9005
http//samlena.kwrealty.com
0 votes 5 answers Share Flag
Wed Nov 21, 2012
Jane Peters answered:
You can always draw up a lease-back whereby she becomes your tenant. Not the ideal situation. You could put a time frame on it. If she doesn't move out you could evict her. A contract is a contract, mobile home or not. In any event, this is not a great situation and one in which you may not want to go through the hassle. ... more
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Tue Feb 19, 2013
Jane Peters answered:
If you can find a property in Culver City that makes sense financially, then definitely. But inventory is extremely low there in general and anything that does come on the market is going to have a ton of buyers. The market everywhere is tough right now for buyers. ... more
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Fri Oct 26, 2012
Dorene Slavitz answered:
Dear Steven,

It is a difficult Real Estate Market, as I'm sure you are aware. You couldn't say that "this" is the "top of the market" in real estate right now. But we are slowing moving coming out of a big decline due to the mortgage crisis, the general economy and many other factors.
For any homeowner that has owned over 18 years, their homes have appreciated and they can sell. Most are waiting to see what the next year holds.
Good luck !
... more
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Fri Oct 26, 2012
Robert Chomentowski answered:
REO's which are how most buy foreclosed property are getting more and more rare. Most distressed sales are going the short sale route now. So it can be hard to by foreclosed property with a lot of cash buyers your competing with. ... more
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Fri Oct 26, 2012
Ozge asked:
First time we will come there November 4th.Now I'm searching all areas in Los Angeles near Westwood/Hollywood/Culver City/UCLA etc...We want to close the center for looking a job,...
0 votes 1 answer Share Flag
Fri Oct 26, 2012
Dorene Slavitz answered:
Dear Burcu,
It won't be easy because condo prices are higher in this area. I would recommend you try Inglewood or one of the other surrounding areas.
0 votes 3 answers Share Flag
Fri Oct 26, 2012
Amanda Contreras answered:
Hi,

I agree downtown Culver City is very nice. The average price for a 3 bedroom home available now is $748,000 the low is $649,000. There are 16, 3 bedroom single family homes currently available .

As far as condos the newest constuction 3 bedroom condo available now is listed for $529,000 built in 1991.

Please let me know how else I can help you. I know the area well and have a solid track record representing buyers throughout West L.A.

Best,
Amanda Contreras
Keller Williams Realty
c.310.694.4819
e. thecontrerasgroup@gmail.com
... more
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Tue Feb 2, 2016
Richard Schulman answered:
Take a look at this link for some general information and useful schoolfinders for LA area schools: http://richardschulman.com/buyers/local-schools/

For Culver City, specifically, visit the following for further info:
http://www.ccusd.org/index.jsp
http://richardschulman.com/wp-content/uploads/2011/10/Culver-City-School-District-CCUSD-Map.pdf

Hope this helps!

Richard Schulman
Keller Williams Realty
#1 Listing & Selling Agent KW Westside
(310) 482-0173
schulmanrd@gmail.com
... more
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Sun Apr 15, 2012
Juliana Stakland asked:
we are moving to Dallas and already pre approved for mortgage and if that home is a 5th bed PLUS study I want it!
0 votes 0 Answers Share Flag
Fri Oct 26, 2012
Mimi Davies answered:
Hello,
I assume that you are obtaining a loan since you mentioned the mortgage.
If you put 20% down payment: mortgage + tax + HOA fees
If you put less than 20% down, your lender will charge you PMI (Private Mortgage Insurance).

Have you been pre-approved yet? If you're approved for an FHA loan, the condo must be FHA approved to qualify for your loan.

Did you see a condo that caught your eye? Let me know if you want me to send you listings or if you have any questions.

Best,
Mimi
... more
0 votes 6 answers Share Flag
Mon Jul 30, 2012
Emily Knell answered:
It will be wiped out one way or another. An old HOA lien won't transfer to the new owner.

Either the HOA lien will be dealt with through the short sale process by either the existing lien holder agreeing to pay for it OR a combination of the lien holder, the current owner & possibly even YOU, agreeing to pay a portion of it so the HOA will release the home for short sale & the lien holder will agree to the short sale & allow the sale to happen.

It is also possible that the HOA will agree to let it sell for less than what is owed & then slap the (now previous) owner with a personal lien or judgment & go after them AFTER the sale.

You need to have your agent investigate RIGHT NOW what is currently owed & have the listing agent PLEAD with the property management company to NOT file a Notice of Default on the outstanding balance, otherwise the legal fees & major major fines start to kick in!!!===

Shoot me an email if you want to talk about this some more.I don't look back on this same Trulia thread for answers posted after mine.

EmilyKnell1@yahoo.com
562-430-3053 c
Realtor Since 1996
Main Street Realtors
... more
0 votes 6 answers Share Flag
Sat Aug 20, 2011
Ron Thomas answered:
there are a bunch of variables in this,

presuming 20% down and no PMI;

between $2100 and $2300 per month
0 votes 2 answers Share Flag
Mon Jul 30, 2012
Ewa Reza answered:
There's 63 single family houses for sale in Culver City at the moment. The lowest priced property is 359,000 and the highest 1,299,999. That will give you the average price of 709,394.

I hope that helps. Contact me if you need more info.

Ewa Reza
Realtor at Milbank Real Estate Services
cell: 323-455-7575
ewareza@gmail.com
... more
0 votes 10 answers Share Flag
Fri Oct 14, 2011
Mike King answered:
It is public information, and there are plenty of webistes out there like foreclosureradar.com. Alternatively, if you have an agent you have a relationship with an agent they can pull the information for you.
Best
Mike
... more
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Mon Jul 30, 2012
Kevin Olson, Jessica Laude answered:
Johanna, there are a number of reasons why:

1. Who are you allowing into another person's home?
2. Have you talked to a lender? (without approval, there is no chance to buy a home. do you work for an employer who might not be able to pay you?)
3. Is there an agent you are working with? (this prevents disputes and breaking rules)
4. You are being provided a service. Do you get to test drive a car without giving any personal info?
5. Homeowners have a right to know who was in the house, and if that person is in fact a qualified buyer.

Some agents require it, others don't. For those that don't, is that the agent you want when you are selling your house? The one who lets whomever in without knowing anything about them? Most likely not.
... more
0 votes 12 answers Share Flag
Tue Jul 22, 2014
Bob Kramer answered:
Johanna,

I think living in Playa Vista will give you a very good quality of life. There are many units for sale as most of the original buyers bought there when the market was at its highest value. Now that the market has soften a little, many people are trying to sell. Now would be an excellent time to find a bargain there. As a bonus, interest rates are still very low as well. ... more
0 votes 6 answers Share Flag
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