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La Sierra : Real Estate Advice

  • All13
  • Local Info1
  • Home Buying4
  • Home Selling1
  • Market Conditions1

Activity 5
Tue Aug 14, 2012
Craig Chastain answered:

The space rent for this unit is $750/mo.

If you have any other questions please feel free to give me a call.

Craig Chastain
Next Level Realty
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0 votes 1 answer Share Flag
Wed May 7, 2014
Michael Barron answered:
Hi there Kathleen, wish we know the answer. The truth is nobody really knows. Nobody has a majic crystal ball. Everyone has an opinion. Only thing I can tell you are the facts. Housing affordability is at all time high in all parts of Southern Califirnia. Last quarter of 2006 homes prices were over priced 35% today in OC they are undervalued by 5% . There are still going to be foreclosures and short sales popping up everywhere. Interest rates are currently on the rise which is real important factor to consider. A great time to buy for sure right now. Little tougher too sell. The homes that are selling are in Alignment.

Hope this is helpful
Kind Regards
Michael Barron
First Team Real Estate
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0 votes 9 answers Share Flag
Tue May 28, 2013
Shane answered:
Lisa,it's really simple. Tell the lender what you feel comfortable with, payment wise. They should then be able to tell you what you can afford. Just make sure that they factor in taxes, insurance, PMI (if applicable), association dues (if applicable). If you have any other questions, please feel free to contact me directly.
Shane Jones of
"The Shane Jones Team"
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0 votes 6 answers Share Flag
Tue Jan 29, 2013
Dot Chance answered:
Hi, Johnny! It was great talking with you a couple of days ago. Did you connect with either of the 2 people I gave you info for?

Would you like for me to send out an email to my Keller Williams office to see if any of my co-workers have clients who are flipping? ... more
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Tue Jan 29, 2013
Michael Roberts answered:
Tom, A rate contingency is something unusual. If your offer is made on a CAR form you could limit the interest rate in the financing terms to one you are agreeable to. Most listing agents will find this is a handcuff however, an offer IS an offer and considering all the terms of your offer will need to be considered more seriously. In other words...strengthening your position through contingecy time periods, down payment, closing dates etc...may allow for some more favorable debate. Good Luck. BTW...Different lenders will quote different rate so, you may very well find a lender who has better rates.

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