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Los Alamitos : Real Estate Advice

  • All29
  • Local Info1
  • Home Buying14
  • Home Selling0
  • Market Conditions2

Activity 20
Sat Dec 15, 2012
Joseph Roraff answered:
Here is an article on Bankruptcy Chapter 7. Hope this helps.
0 votes 2 answers Share Flag
Tue Apr 29, 2014
Joe Van Fossen answered:
Good question. I can't say from experience, but I did find a similar discussion on

I've also noticed advisories posted for the occasional post 10p.m. flights.

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0 votes 6 answers Share Flag
Fri Nov 15, 2013
Bob Foust answered:
My partner, Todd Foust, does property management, and is very good at it and very responsive to special client needs -- call him at 714-686-6946 for more information.
0 votes 6 answers Share Flag
Sat Sep 1, 2012
Walter 'Skip' Kersten answered:
Well the good news is you found out before closing. In my opinion you have 3 options. 1. Proceed with the purchase. Hopefully the property will appraise at the sales price. 2. Cancel the contract and find another property. 3. Try and renegotiate the price. Keep in mind that this may start the short slae process over again.
Good luck,
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0 votes 12 answers Share Flag
Thu Sep 8, 2016
Franco and Jennifer Shamoo answered:
Hello Fattery,

Lease Back "Rent Back" for a short amount of time? It is unclear if you are an agent or a homeowner?

In any case, if you have an agent, your agent should recommend that you execute a two month lease or for whatever term you and the prospective tenant agree.

SHORT SALE? if this is a short sale, then you will have to read your approval letter and see if the lender allows a short term (90 day) lease back. Most cases the short sale lender will not agree to have the seller remain in the property. However, anything is negotiable and this truly depends on the negotiator who handled the short sale offer.

If you have permission and you are not violating the terms of the lender contract / agreements; it is as simple as a rental lease agreement executed before close of escrows.

If you like, contact me and i will be more than happy to consult you further at no charge.

You can reach me at 949-264-2177
Frank Shamoo
Realty ONE Group, Inc
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0 votes 12 answers Share Flag
Mon Oct 14, 2013
Emily Knell answered:
Kempton is a great street, not as busy as Foster or Mainway, the Kempton home is very nice, I have seen it, I think it's priced well for the condition, this one backs up to the flood channel so there's some more space between you & the neighbor behind, it is on a 7700sqft lot so there is room to grow & the east side of the home has excellent space between the home & the side wall. This is great because there's room to expand the bedrooms & the master bathroom.

Please email me directly so I can talk to more about this home & for homes like this that are not being publicly marketed yet..

I don't look back on this same Trulia thread for answers posted after mine.
562-430-3053 c
Realtor Since 1996
Main Street Realtor
Rossmoor Native & Expert
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0 votes 2 answers Share Flag
Thu Apr 26, 2012
Emily Knell answered:
I would say there is more traffic on this section of Weatherby than on the other side of Orangewood, but Wallingsford is a little bit busier than Weatherby since cars are coming in off of Katella & from the 4 way stop at Hedwig.

I can be your guide for Rossmoor, I live in the neighborhood & also grew up here, I know every street & traffic pattern. I have a pre-foreclosure home in Rossmoor too for $579K. Also did a price reduction yesterday on another home w/ over 2300sqft.

Shoot me an email directly if you'd like to talk to me some more. I don't look back on this same Trulia thread for answers posted after mine.
562-430-3053 c
Realtor Since 1996
Main Street Realtor
Short Sale Expert & I can PROVE IT
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0 votes 3 answers Share Flag
Fri Sep 26, 2014
Gina King answered:
Los Al is an amazing city, no doubt, but wow! That is a heck of a commute during "Drive Time" ... Have ya thought about Redondo, Hermosa, or Beach or Manhattan Beach? Would be great for him, and "opposite" for you?

Best of Luck! Let us know if we can be of any assistance?

The Coastal Team
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0 votes 10 answers Share Flag
Mon Apr 9, 2012
Sharon Butler answered:
Your question is wide much do you want to spend per month and what kind of down payment to you have? I am sure you will have a ton of agents answering this question, but I always put the horse in front of the buggy! Next questions is, it appears you will be selling your property, get it listed...the pricing index I have been following for the past 25 years is stating that we will see yet......ANOTHER drop in the housing prices. Another 12 to 18 % is predicted. So, get that property sold and wait and watch. I can not be too wrong, I am an investor myself and I still have equity in my investments. Best of luck! ... more
0 votes 8 answers Share Flag
Thu Nov 4, 2010
Joseph Fleischaker answered:
It depends on a lot of factors. Do you want Short Sales, REO or Standard Equity Sales. Each is entirely different.

Price points matter as well.

Call me for more details and I can help you.

Joseph Fleischaker
Platinum Pacific Brokerage, Inc.
17772 E. 17th Street, Suite 201
Tustin, CA 92780
(949) 250-3153 x101 Office
(949) 480-0705 Fax
(949) 705-9889 Cell
DRE# 01801069
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0 votes 4 answers Share Flag
Fri Sep 21, 2012
Ruth and Perry Mistry answered:
Hi Stats:

Yes depending on their ability to afford remodeling and whether the house is underwater or not.
Also people are concerned about remodeling and not being able to recoup their money, in the
event the neighborhood or area tanks.

But logically it makes sense for the owners to remodel rather than move.

Happy labor day.
... more
0 votes 6 answers Share Flag
Fri Sep 24, 2010
Emily Knell answered:
It's safe to figure property taxes at 1.1% of the purchase price, technically it's just a hair under that.

I live in Rossmoor & grew up here in the neighborhood, if you have any other questions or would like me to email you pictures of homes on the market here, please just shoot me an email.
562-430-3053 cell
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0 votes 3 answers Share Flag
Thu Feb 23, 2012
Sharon Anderson answered:
LOS ALAMITOS SCHOOL DISTRICT without a doubt. The community of Rossmoor, is by far the most beautiful part of the school district. I have raised three daughters here for 18 years. Homes go from 600's to close to 2 million for the mega mansions, but no cookie cutter homes. There are three elementary schools tucked inside. I filmed a video yesterday of the neighborhood and as soon as it is ready (currently downloading) I will forward it to you. I believe Rossmoor is 94% owner occupied with families while Seal Beach (also part of the district) is more single people and about 45% owner occupied. I will gather more precise data and send with video.

P.S. I am an amateur at filming!

Sharon Anderson

Specializing in LAUSD School District Homes
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0 votes 5 answers Share Flag
Tue Jan 19, 2010
The Canto Team answered:
Hi Emily,

The rates are floating around 5% to 5.375% on any given day and depending whether you are paying an origination or not., FICO score, etc... The rates change daily and at times... hourly! It just depends on a couple different variables but for the most part this is where the rates are bouncing around (at least at our company).

So long as the base loan amount is $417K or less, that is correct. The base loan amount can only be exceed by the UPMIP.

Let me know if you would like a 2nd opinion on your estimate.
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0 votes 4 answers Share Flag
Thu Jun 24, 2010
Connie Bramble answered:
Dear Homebuyer,
You should ask your agent for the comps of homes that are as near the freeway as the one You are looking at. Keep in mind that everything sells for a price. As long as the price is reflective of the fact that it is so close to the freeway you should be fine. there will always be a smaller market for The homes that are in close proximity to the freeway. But that is why the price difference! I think you should buy the home that Best fits your needs. Do you have the money to repair the home in the more desirable location? Will it cost you more to upgrade than the price difference is? Your agent should have already calculated these things for you. It is simple math really. After repairs, is the fixer a better buy than the home by the freeway? Do the math. Then decide for YOU is the price difference worth being close to the freeway? Do you not have the money to make repairs? Then it is a no brainer! Remember you will have the $8000 credit coming if you are a first time buyer or have not owned a home in three years. You can get that money in just about 3 months from purchase. Something to consider!
Connie Bramble
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0 votes 7 answers Share Flag
Sat May 4, 2013
Emily Knell answered:
There are a couple of homes for rent in Rossmoor, I live here & see For Rent signs here & there. Let me know what your Max is that you're comfortable paying per month & I can check to see if there is anything available. For a smaller home in Rossmoor rent is usually around $2200-2600/mo.
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0 votes 2 answers Share Flag
Fri Jul 24, 2009
Dp2 answered:
You do realize that if you were to pay that per diem for 30 days, then you'd pay $52.5K (nearly $60K) extra for the home, and you'll be taxed at the commensurate rate. That's a VERY unwise decision.

I believe your agent has advised you well, and I suggest that you re-read the contract to see if the seller has any contingencies to be able to back out of the contract (for whatever reason). If so, then you've been forewarned. If otherwise, then the seller could possibly seek some kind of legal remedy to kill the deal at a some point (to prevent the sale from lasting an eternity).
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0 votes 9 answers Share Flag
Fri Apr 10, 2009
Robert van der Goes answered:
Your best bet is to contact the actual mortgage holder themselves, i.e., the bank you have the loan through and ask them to address your request on an individual case.

You can actually go through any lender to try and refinance your loan, and if you need a good lender, please email me and I'd be happy to forward you his information.

Best regards,

Robert M. van der Goes
(714) 305-2050
Star Real Estate
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0 votes 2 answers Share Flag
Thu Jan 29, 2009
Jeremy Lehman answered:
I work in the area. I'm happy to assist. You can either give me your email, or you can directly to my site and search at

Jeremy Lehman
Century 21 ... more
0 votes 5 answers Share Flag
Sun Nov 9, 2008
Swelman answered:
If you do not have to sell don't. Even with the current economy California is one of the most desirable states to live. You should have no problem renting out your home if you don't price the rent slightly below market and get some good longterm tenents. Seeing how the housing recession is long from over renting is very wise at the moment. Alot of us are waiting out the shakeout of REO's and short sells. Sellers are still holding on to yesterdays prices . When that turns around we'll be on the way to recovery. ... more
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