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Home Buying in Sherman Oaks : Real Estate Advice

  • All135
  • Local Info11
  • Home Buying47
  • Home Selling7
  • Market Conditions2

Activity 31
Tue Dec 17, 2013
Seana Yates answered:
NASA uses the butterfly palm, rubber plant, philodendron, ficus, boston fern and peace lily. My favorites are also mother in law's tongue and spider plant (both icky names for pretty plants.) :) ... more
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Thu May 9, 2013
Tommy Lee answered:
Inna,
He will use assessor's information as the basis for his comps.

Tommy Lee
DRE #01723594 SFC (Short Sale & Foreclosure Certified)
Premier Service® Professional
tommy.lee@dilbeck.com
323-821-2292
говорю порусски
... more
0 votes 5 answers Share Flag
Tue Apr 2, 2013
Michael Cheng answered:
If you can buy a condo your mom can live in for $200K cash, then you should definitely do it as soon as possible. Prices for condos in that price range are moving up quickly due to investor demand. So, you'll need to do an all cash deal to stay competitive. Afterwards, you should look into financing if you can get a good rate below 4%. ... more
0 votes 14 answers Share Flag
Thu Mar 7, 2013
Allyson Haim answered:
Your broker should have provided you a Notice to Perform to sign and send to the buyer. This gives your buyer a specific deadline to perform or you have the legal right to cancel the contract.
It depends on exactly where you are at in the process or the likelihood of still closing whether your broker will recommend this or help you continue with the current buyer. If the buyer has already signed loan docs and is just working out some issues, the broker might recommend giving the buyer a few extra days. If the buyer cannot get a loan, then the Notice to perform would give them a few days to provide proof of a firm loan committment or you can cancel.

Allyson Haim
The Giving Tree Realty
01890430
www.ShermanOaksAreaHomesForSale.com
... more
0 votes 8 answers Share Flag
Sat Sep 22, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
Please feel free to contact me direct and I'll be able to provide you information that you need for all the properties in Sherman Oaks and near by areas.

__________________
FREE Consultation - Please call now: 424-777-9377

Should you have any questions - please do not hesitate to call me Toll Free 1-855-TRUST-55 ext.777 ( 1-855-878-7855 ext.777).


Sergey Fednov
President/Realtor
_____________________
Trust Sale Realty
Toll Free: 1-855-TRUST-55ext. 777
Toll free: 1-855-878-7855 ext. 777
Phone: 424-777-9377
Fax: 310-356-4925
http://www.TrustSale.com
http://www.TrustSaleRealty.com
* We Hire California Licensed Realtors - 100% Commission!
... more
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Tue Dec 27, 2011
x answered:
I would be happy to provide you with the current MLS listings for condos in Sherman Oaks. The Oak Pointe Complex on Magnolia might be a great option. Great amenities and super central location. Contact me and I we can work together to find you a great home. ... more
0 votes 12 answers Share Flag
Thu Jun 9, 2011
Felicia Jordan answered:
Sometimes homes are listed in the Multiple Listing Service (MLS) that are actually the staring auction price and the home may sell for a much higher price. Check with your local realtor to see if the listing is an auction. ... more
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Thu Jan 9, 2014
Kobi Costa answered:
HUD-1 can be somewhat confusing at times. Best thing to do is to call your escrow and go over it w/ them. Remember, you're paying for escrow. Genreally, they are happy to go over any Qs you may have.

Kobi
... more
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Mon Jan 31, 2011
Tony Medovoy asked:
closed escrow on the 8, sent in a request on the 30th not realizing that there is a time limit to file after COE.
0 votes 1 answer Share Flag
Mon Nov 22, 2010
The Medford Team answered:
0 votes 0 Answers Share Flag
Tue Sep 28, 2010
Anna M Brocco answered:
Keep in mind that opinions are often subjective--If you are concerned about crime, your best source of information is the local police department, why not consider calling/visiting, ask all your questions and hear all there is to hear firsthand--they'll gladly help. ... more
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Mon Aug 16, 2010
Richard Schulman answered:
Not easy..but possible. In the last 6 months there have been 50 home sales in Sherman Oaks of $450,000 or less, and several under $400,000. Keep in mind that under $400,000 you are really scraping bottom of the market - the homes are smaller, older and usually on busy streets or backing up to commercial zones. These homes will only produce cash flow on a monthly basis with high down payments - 30% or ore usually. You will get a better monthly return on condos (even with HOAs!)

The rental market is strong - if you price it right. I know that sounds obvious, but it is important to note that there are quality tenants out there! I just rented out a property in 2 days with over 10 applicants.

Let me know if I can be of any help.

Richard Schulman
#1 Listing and Selling Agent
Keller Williams Realty
310-482-0173
schulmanrd@yahoo.com
www.RichardSchulman.com
... more
0 votes 4 answers Share Flag
Fri Jun 11, 2010
Don Linden answered:
Stansbury Avenue, south of the boulevard is a very desireable street and area of larger properties with larger homes. As in the Longridge Estates area of SO, you get what you pay for. What price point are you looking for in Sherman Oaks?
Sincerely,
Don Linden

Realtor / E-Pro / CMIS / BMA / CMMS
Relocation Specialist / Seniors Real Estate Specialist
DRE #01251120
"Thank you for thinking of me when referring your family, friends and business associates. It is greatly appreciated"
Prudential California Realty, Sherman Oaks
818-380-2138 (direct / voicemail) 818-515-8936 (cell)
818-386-9007 (fax)
www.DonaldLinden.com (website)
DLinden@sbcglobal.net (e-mail)
http://DonLinden@posterous.com/ (blog)
... more
0 votes 5 answers Share Flag
Mon Mar 1, 2010
Richard Schulman answered:
Cap rates and rental multipliers vary across area, as well as across property type. That is, a new construction luxury building will have a lower cap and higher multiplier than an older building on a busy street. That being said, expect CAP rates from 4%-6% and Multipliers from 10x gross and up. This will also vary if you are looking at 2-4 units, which are considered residential income or 5+ units, which are commercial and harder to finance.

If you have any questions, or you would like to discuss further, feel free to contact me at 310-482-0173.

Richard Schulman
#1 Listing and Selling Agent
Keller Williams Westside
Residential and Commercial Brokerage
310-482-0173
schulmanrd@yahoo.com
... more
0 votes 1 answer Share Flag
Wed Jun 30, 2010
Cindy Estates answered:
Are you only looking at Sherman Oaks or would you consider North Valley. You can try Building and Safety at 818-374-4390 or Zoning Codes at 818-756-9462. There is a great property in North Valley if you don't mind going that direction. ... more
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Thu Jan 7, 2010
Yvonne Fernandes answered:
Tue Jun 30, 2009
Richard Schulman answered:
Condo assessments are a part of the property and are transferred to the buyer. In many cases the remainder of the debt is satisfied by the seller, but in all cases it is 100% negotiable.



Richard Schulman
Keller Williams Realty
schulmanrd@yahoo.com
310-482-0173
... more
0 votes 5 answers Share Flag
Fri Jul 9, 2010
Voices Member answered:
Limiting yourself to one source of information is always a mistake IMHO. Using several or many sources is what allows you to compare and reach the closest point of accuracy possible. It the foundation of the process of doing property comparables, you may not reach the absolute truth about the value of your property but you'll reach the closest point of accuracy possible for the market at that time.

Look everywhere possible including local sources of listings. If you don't have the time to do this while making a large financial decision then maybe it's not the right time to look.

Dunes
... more
0 votes 8 answers Share Flag
Wed Nov 3, 2010
answered:
You need to find a real estate agent to help you with that.
You live in sherman oaks?

I can help you and if I cant I will find you someone who can help you.

Thank you.
0 votes 3 answers Share Flag
Mon Sep 14, 2009
Cynthia Fleming answered:
An REO is a bank owned property. It stands for Real Estate Owned. Most of my business right now is buyers looking for REO's and they are moving very quickly. Where are you looking to buy? ... more
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