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Hawthorne : Real Estate Advice

  • All49
  • Local Info12
  • Home Buying11
  • Home Selling1
  • Market Conditions1

Activity 20
Fri Feb 1, 2013
Lynn Range answered:
There are a few rentals in the Three Sixty Complex and in Fusion - what are you looking for?
0 votes 2 answers Share Flag
Thu Nov 21, 2013
Yes, they can. The CC&Rs & bylaws of the HOA are no joke, it's very important to read them before you purchase a condominium. Not all HOA's have that restriction, but many of them do. Further, even after the first year, there may be additional restrictions on renting out your condominium. For example they may only permit a certain amount of condominiums to be rented and if that percentage has been met, then you would have to put yours on a waiting list. The purpose of that may be to either maintain their approval for FHA & conforming financing, or just to maintain "pride of ownership" as studies have shown that owner occupants take better care of their properties than tenants do.

Shane Milne | Lending in all 50 states | NMLS #81195
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0 votes 5 answers Share Flag
Sun Sep 16, 2012
Laura Feghali answered:
Hello Mynerd,
Every short sale is different so it's difficult to determine what amount the lender is willing to accept. Your agent has submitted comparable sales and appears to have good follow up with the sellers and seller's agent.
Keep consulting your agent as he/she is working for you in your best interests; not the sellers or lenders.

Good luck!

Laura Feghali
Prudential Connecticut Realty
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0 votes 8 answers Share Flag
Fri Sep 21, 2012
Ron Thomas answered:
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!
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0 votes 4 answers Share Flag
Fri Sep 21, 2012
DJ Bonner answered:
Hi Sheldene,
There are 3 in that zip code from $850-$950. Please let me know if you would like for me to email the available rentals or I can search another area for you.

Best regards,
DJ Bonner
Keller Williams Realty
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0 votes 2 answers Share Flag
Tue Jun 4, 2013
Robert Chomentowski answered:
The VA core guidelines do not care if the buyer pays for termite work (they just can't pay for the termite report). But most lenders have an overlay not allowing the borrower to pay for the termite work. Sometimes they will ask for the invoice to see who paid. Although I believe there are a few lenders who either do not ask who paid, or are OK with the buyer paying. I would have to double check. Let me know if I can assist. ... more
0 votes 2 answers Share Flag
Tue Nov 9, 2010
Scott Godzyk answered:
You have 2 choices then... first hire a buyer broker , you should be abl eto at no cost to you as they get paid their commission the fee advertised in mls from the listing broker. this way you willhave someone who is working for you, assisting you and looking out for your best interests. They can provide you with a list of reo homes in you rarea.

The second way if you dont want to work with just 1 agent, is contact the larger listings agents of reo properties in your area, they will be able to assist you in getting addresses on their listings.

godo luck with your search
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0 votes 7 answers Share Flag
Mon Apr 12, 2010
Lew Corcoran answered:
The appraisal obtained by the seller will not be accepted by any lender under any circumstances. Lenders can not have any communication with an appraiser or otherwise try to or appear to try to influence any appraisal report, and must work through 3rd parties such as an Appraisal Management Co. Even then, the appraisal report is still subject to underwriting review. ... more
0 votes 4 answers Share Flag
Tue Mar 23, 2010
Rachel Martiens and Kathy Tyndall answered:
First of all Phejos that is very wise of you. I always advise my clients to call the local police station to find out about the crime. A good question to ask is what they mainly get called out for. You can always ask for statistics r.e. the percent of certain crimes. Hope this helps. ... more
0 votes 2 answers Share Flag
Tue Oct 22, 2013
Andrew Jones answered:
Hi Hollyglen,

There are a number of businesses in L.A. County onllne that sell metal and plastic sign posts in any quantity. Hardware stores also can carry generic house for Sale/Rent signs and stands that are smaller than the ones agants use. Bst of luck. ... more
0 votes 6 answers Share Flag
Tue Sep 4, 2012
Dyanna answered:
I don't see what the problem is, cancel. If you really don't like the estimate and are having second thoughts about the purchase and you have not signed escrow instructions, then you still don't have a deal.

The check was made out to the escrow company,not the loan officer or his/her company.

If you have not moved forward with escrow you still have time to canel without having to pay any penalties, but it has to be done before you sign anything else.

Good Luck,
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0 votes 3 answers Share Flag
Thu Feb 19, 2009
Voices Member answered:
Skint, Don't know if your familiar with this site but it predicts best/worse market.........

0 votes 1 answer Share Flag
Sun Apr 11, 2010
Monique and Joe Carrabba answered:
Hello Skint,

I think this year IS the time to buy. Don't wait until next year. Rates are low, prices are low. If rates go up then your dollar will not stretch nearly as far. If you can buy then buy now. Most investors only regret is that they didn't buy more property when the market was down :) and I am not just saying that because I'm a real estate agent. I've started to see an influx of buyers from China and Europe buying multiple properties for a lot less. Even if all you can afford is 100k or 1 mil, there are great deals out there and we just don't know how soon the market will go up.


Monique Carrabba
Keller Williams Hollywood Hills
Phone: 323.899.2900
The Carrabba Group
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0 votes 15 answers Share Flag
Thu Jul 30, 2009
Monique and Joe Carrabba answered:
Hello Skint,

I am not a fortune teller but LA real estate has historically doubled every 10 years. A little higher than inflation. It may go up and down and up again, but historically Los Angeles Real Estate doubles in price every 10 years. My family home was purchased for 32k in 1962 and was sold for 1.5 mil in the 2002-2004. It could get worse but odds are good that it will go up. 8 of the top 10 economists agree that it will go up in the next 5 years. Of course it will always go down and back up. Buy now if you can as I wish I would have waited until now.


Monique Carrabba
Keller Williams Hollywood Hills
323.899.2900 Phone
... more
0 votes 5 answers Share Flag
Fri Sep 21, 2012
Steven Ornellas answered:
Skint, you made an offer at current market value and it has been accepted with an appraisal that has verified current market value. Any equity would now be based on your downpayment amount. What was your goal? What area is this home located? -Steve ... more
0 votes 8 answers Share Flag
Fri Aug 9, 2013
Tina Lam answered:
Appraised value has no relationship to equity. It's only an opinion.

Equity is the residual after determining the true, arms-length market price of a property minus any debt. You can only find that out from market bids. Appraisals are merely for lender's comfort and have little bearing on market prices.

If you really have no equity, you can always pay down the debt faster to regain equity. Or, you can consider a default option.
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Thu Aug 7, 2008
Carmen Navarro answered:
Yo le puedo ayudar. Mi nombre es Carmen Navarro y trabajo con Prudential California Realty. Estoy altamente familiarizada con el area de Hawthorne y ciudades vecinas. Me gustaria mas conversar mas detalladamente con usted(es). Favor de comunicarse conmigo al telefono (310) 697-2301 o si prefiere me puede mandar un correo electronico a Yo le puedo ayudar, si asi lo desea. Muchas gracias! ... more
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Sat Jun 21, 2008
Love asked:
bye doing this before i move there it a dream i am going to do please any help would be great, i plan on moving to hawthorne, fl very soon and i have been wanting all my life to start...
0 votes 0 Answers Share Flag
Wed Jul 30, 2008
Deborah London answered:
Hello Helene. I know of a property soon to become available in Hawthorne, CA. It's not on Parker Ave, which is in Monrovia. It is a foreclosure home not yet listed on the MLS. Are you interested in hearing more about this single family home? Call me at 310-808-3739 or email me at ... more
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