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Market Conditions in Van Nuys : Real Estate Advice

  • All64
  • Local Info8
  • Home Buying14
  • Home Selling2
  • Market Conditions4

Activity 8
Fri Dec 14, 2012
Sara Mehrpouyan answered:
This is a bank-owned foreclosure. According to the MLS listing, the monthly HOA is $463/month. They have a pool, spa, gym, bbq area. The hoa covers all of these things. Sometimes you don't know exactly what the HOA covers until you open escrow and review the HOA documents. Offers were due on this unit by 12/11/2012. Feel free to contact me anytime.

Sara Mehrpouyan CDPE
Foreclosure & Short Sale Specialist
Rodeo Realty
Direct phone: 818-903-2040
Dre License #01712757

**Sign up for New Property Listings Alerts By Email Here: http://www.newlosangeleshomesearch.com/
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Wed Oct 24, 2012
Jennifer Niman answered:
Hi Johanna - do you mean the Valley Glen part of 91401 or the Sherman Oaks part? I live in the Sherman Oaks side of 91401 and I work in both area, and would be happy to answer any questions you have. Right now the area is doing really well and there's a low inventory so new listings are getting a lot of attention and sell quickly if priced right, out the gate.
Feel free to call or e-mail me anytime!
Jennifer NIman
DRE #00965903
Prudential CA Realty, Sh Oaks
818-907-7255
jniman@prula.com
... more
0 votes 7 answers Share Flag
Wed May 19, 2010
Joanna Jensen answered:
Hi,
I am sorry about your situation. Lots of home owners are finding them selves Upside Down...

you may be able to qualify for a Short Refinance where we get your new loan down to current market value.

You cant get cash out but you may be able to reduce your payment. Depending on your credit.
If you still have good credit you may be able to get a new loan at approx 90 - 95% of the current market value.
so lets say for example that is $513,000. If you have good credit and income you may be able to get a new loan depending on your fico.

I am happy to help. Lots of info you get will talk about short selling your home but that is not necessary. As long as you can afford the mortgage payment you could stay put, possibly reduce your mortgage and reduce your payments either by Short Refi or loan modification..

Best of luck
JoAnna Jensen
Realtor Legal Assistant
925 699 5041
... more
0 votes 8 answers Share Flag
Mon Apr 12, 2010
Dan Chase answered:
I am not sure of your area.

Prices of commercial property have dropped across the nation. In fact the next thing to hit the real estate market will be a lot of commercial properties needing refinancing but unable to get it as the values have dropped to much. ... more
0 votes 3 answers Share Flag
Wed Feb 24, 2010
Harold Sharpe answered:
HI you can see for yourself on this website.

Harold Sharpe
So Cal Homes Realty
(951) 821-8211

http://www.socalhomesrealestate.com
0 votes 2 answers Share Flag
Tue Mar 31, 2009
James Fiedler asked:
Sun Aug 15, 2010
Marion Goodman answered:
I think that is a good offer, hope you have a pre-approval from a lender, since that will make your offer solid.
Marion Goodman
Keller Williams Realty
818-632-3746
0 votes 1 answer Share Flag
Sat Oct 20, 2012
Irina Netchaev answered:
Hi Ehw,

I have been seeing quite a few homes come up on the market in the Valley, Van Nuys in not an acception. The last couple of months, the prices have been stagnant. The summer season is the busiest in the real estate market and is keeping the prices flat. ... more
0 votes 5 answers Share Flag
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Market Conditions in Van Nuys Zip Codes

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