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Home Buying in Diamond Bar : Real Estate Advice

  • All50
  • Local Info3
  • Home Buying22
  • Home Selling2
  • Market Conditions0

Activity 14
Mon Dec 17, 2012
Walter 'Skip' Kersten answered:
Hi Don,
Currently there are not any 3/2 homes in Diamond Bar under $400,000. There is one at $410,000 and the next one is priced at $439,000.
Good luck,
0 votes 5 answers Share Flag
Thu Oct 31, 2013
James Gordon ABR SFR SRS answered:
In most cases you will need to rent for 2-3 years until you qualify for a new loan if you want to buy again.
0 votes 11 answers Share Flag
Sun Sep 16, 2012
Nick Socha answered:
While you may be able to do a jumbo FHA @ 3.5% down, it's best to come in with 10-20% down and go with a conventional loan for a purchase such as this.

It will all depend on your situation in 3 years.

Nick
310-647-7785
Century 21 Amber Realty
DRE #01831474
... more
0 votes 5 answers Share Flag
Thu Oct 23, 2014
Nick Socha answered:
It depends. I do have a lender who can close loans immediately after a short sale, but it's on a case by case basis.

Give me a call to discuss your situation.

Nick Socha
310-647-7785
Century 21 Amber Realty
DRE #01831474
... more
0 votes 29 answers Share Flag
Mon Apr 23, 2012
Bill Mota answered:
Please give me a call. I have been a broker since 1991 and have specialized in residential and income property (2-4 units) through out the San Gabriel Valley.

Bill Mota
Broker Associate
FirstTeam SnS
1950 S. Brea Canyon Rd
Diamond Bar, CA 91765
626) 233-0190
BillMota@Live.com
... more
0 votes 3 answers Share Flag
Thu Feb 23, 2012
Diana Margala answered:
Safe neighborhoods are a subjective answer. My suggestion would be that you drive around the area see how it feels to you. Look at the neighborhood is kept up. Go to the stores and see how they are kept up and weather it would be a store that you would feel comfortable in. You also should contact the schools; check their scoring and the parent participation. Check with the police department and see the crime statistics for the area you are interested in. Go in the mornings when people go to work, drive by in the evenings as people are coming home. Interview the neighbors and drive by on Saturdays and Sundays and check out the activity in around the places you are interested in. What I may like and consider safe, may be totally different than what is to you. This is a very important decision. You are the ones that needs to live there and feel safe.

Good Luck!

Diana Margala 909-560-0145
... more
0 votes 7 answers Share Flag
Thu Dec 1, 2011
Howard Kuo answered:
Please call us we have a team of agents that can help you find your dream home in Brea or I can help you personally. Try us and you will see the difference.

The Howard Team
(909) 222-8888 ... more
0 votes 8 answers Share Flag
Tue Feb 22, 2011
allan erps,ABR,SFR answered:
Hello Mary, Sorry to hear about this. Seems to me if you did not get the gift(condition) that you will not qualify to purchase. If you have a Mortgage Contingency and your Mortgage Broker writes a letter it should get you back your escrow monies. I am speaking only about New York but safe to say it should be true for you as well. Best of Luck Allan ... more
0 votes 8 answers Share Flag
Wed Oct 20, 2010
Victor Silvas answered:
There are 1st time homewoner programs. I know of a program that does not require credit. Great interest rate, the catch is you need to get on a wating list for about 3 months. To answer your question, you know your daughter better than we can know them. All parents want the best for our children, Im sure they would not want to dammage your credit. In the finance world the term that is used is DTI which means Dept TO Income. THis is a good way of knowing whether your children can handle their home buying expense. A good loan officer can help them with this which I can recommend. If you have anymore questions you can reach me at 210 251-5777 and I will be more than happy to answer any question you have. ... more
0 votes 12 answers Share Flag
Sat Oct 9, 2010
Monique & Joe Carrabba answered:
Hello Cyndi,

Cash is king. I am not sure what you are talking about simultaneous closing. Please advise. If you need options for flips I work with many investors that do the same. Id' be happy to connect you with good options. Especially with all cash.

Monique Carrabba
The Carrabba Group
Keller WIlliams Hollywood Hills
mcarrabba@kw.com
(323) 899-2900
... more
0 votes 6 answers Share Flag
Wed Nov 3, 2010
Bill Eckler answered:
Annie,

This is one of the free services real estate professionals provide for their customers. By reviewing the sale prices of recently sold similar properties they can calculate an approximate value called a CMP(comparative market analysis).

Another option is to have an appraisal done by a professional appraiser....which may cost several hundred dollars.
... more
0 votes 8 answers Share Flag
Fri Nov 15, 2013
Dave Heck answered:
Mon Sep 7, 2009
John Hickey answered:
Hi Jacqueline,

Great question. It is not illegal, per se but in practice it really isn't possible. This could depend on your local county's policy on deed recordings.

State law requires that escrow and title have "good funds" before they can release money. What that means is that an escrow or title company must actually confirm receipt of funds before they can move it to the next party. When an escrow closes the money must be transferred from the title company of one escrow to the title company of the next escrow. This is normally done with a wire transfer and it often takes two or three hours to confirm that the funds have been received. So, here's how it looks:

Escrow #1:
Deed records at 10:00am
Wire is sent to escrow #2 at 10:45am
Escrow #2:
Wire is received at 2:00pm
Deed is recorded asap. This is where the hangup occurs.

Some counties have deadlines for recording. The deadline is often as early as 10:00am. With a 10:00am deadline there is no way the second escrow can record on the same day.

Check with your agent or escrow company.

Good luck,

John Hickey
Dilbeck Realtors, GMAC
818-541-7311
John@JohnHickey.com
... more
0 votes 5 answers Share Flag
Sat Apr 14, 2012
Tara Steinke answered:
Hello Paige,

I used to lived, worked and purchased a home in that area and can refer you to a great buyer's agent. Let me know if you would like that referal.

Best of luck to you! ... more
0 votes 9 answers Share Flag
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