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Home Buying in Ventura : Real Estate Advice

  • All166
  • Local Info14
  • Home Buying51
  • Home Selling4
  • Market Conditions11

Activity 39
Sat Apr 13, 2013
Ali Abree answered:
Hello, I do have a listing located at 140 Poli right above the mission. Is that the property you're referring to?
0 votes 3 answers Share Flag
Mon Mar 18, 2013
Barry Shapiro answered:
Country Estates MHP has an option of purchasing shares in the co-op that owns the park. If a Buyer is interested in the shares, they can obtain more information, with the net result being and a lower HOA monthly fee. So, basically, you can get the 'dirt' about owning the dirt :-) I hope this is useful information. ... more
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Tue May 21, 2013
Barry Shapiro answered:
Hi Valerie...Can you keep a secret? [Leisure Village in Camarillo] After you study the demographics of the aging baby-boomer generation, you will connect the dots and realize this gated senior community is poised for long-term appreciation. Yesterday, apx.10,000 aging baby-boomers celebrated their 60th birthday, as they did today and will do so tomorrow. Promise you'll keep this a secret? ... more
0 votes 10 answers Share Flag
Tue May 7, 2013
Barry Shapiro answered:
You can possibly buy a fixer shack 2+1 or maybe 1+1 that won't qualify for financing -- therefore all cash only (maybe 203B FHA) - in the $100-150k price range either along The Avenue, Casitas Springs or out in La Conchita. Rent maybe 800-1000/month for a habitable condition property. Sorry to share the real facts. Mobile homes are a lot less but may not be good choices for viable rental/investment properties. ... more
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Fri Jan 11, 2013
Heidi Golff answered:
I've got news.....I have clients with a million + and can't find anything for them. The shortage has hit almost every price point. Call me in late February when I expect to see more homes appear on the market. As a matter of fact, let me know what you are looking for now so I can help you get what you want when or before it hits the market. If your expecatons are realistic, we'll succeed! ... more
0 votes 7 answers Share Flag
Mon Nov 19, 2012
Rob van Haaren answered:
Hello Cecelia
These condo's are selling between $114 -140K.
Great investment as they rent for about $1200 a month and can make these a cash positive home for an investor or a great buy for a new home owner as you can buy it with a monthly payment less then you would pay in rent!

"Success in life equals the people you meet, plus the things you choose to create together!"

Your Ventura Real Estate Consultant.
Troop Real Estate
Rob van Haaren
(Lic# 01781953)

6128 Telegraph Road #D, Ventura Ca 93003
805-804-7035 (Cell/Text)
805-650-9566 (Fax)
www.walkrightin.net
venturahomedeal@gmail.com
... more
0 votes 3 answers Share Flag
Thu Jan 10, 2013
Bonnie Sterling answered:
Oxnard is not for everyone but it has some new redevelopment areas and some historical areas and some run down areas. Overall, except for the area off Ventura ave in Ventura, I think you will find the city super pleasant, diverse, friendly, good shopping a true downtown. It's my favorite place to be so I answer with bias. I dont live there yet but I've seen lots of LA, bay area, and towns all across the country, I'm planning to call ventura home next. ... more
0 votes 2 answers Share Flag
Sat Aug 25, 2012
Chris Chin answered:
Tn2cagirl,

First off, have you discussed these questions with your current agent? For any agent to answer your question would take getting to know your situation. And depending on where you are looking and what you are looking for specifically, it will be hard to answer your question.

But from a timing standpoint, now is a great time to buy with record low interest rates and housing prices back to pre-housing boom prices.

Chris Chin
chrischin@cobaltrg.com
... more
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Thu Mar 7, 2013
Barry Shapiro answered:
Go get prequalified first. Then you will know how much you can afford.
0 votes 5 answers Share Flag
Fri Sep 7, 2012
Barry Shapiro answered:
Maybe as low as $1500./month up to $10,000./month.
0 votes 2 answers Share Flag
Mon May 13, 2013
Karla Reed answered:
Hello Healer,

The list below are duplex properties from the Ventura County Coastal Association of Realtors.
I would like to know if you will work with me to help you find a duplex in the price range and area you would like to live. Please contact me to discuss your purchase. Karla Reed/Broker #00867424 (805) 633-0684. Thanks!

1 12006990 A 299,000 8806-8812 Nye Rd (Oakview)
2 12005296 A 337,500 81-85 El Medio St (Ventura)
3 12007800 A 549,000 1048-1050 Hingham Ln (Ventura Beach)
4 12006041 A 739,000 1125 Montauk Ln (Ventura Beach)
5 12007508 A 2,590,000 3301-3305 ocean #3 (Oxnard Beach)
6 12008350 A 195,000 726 5th St (Fillmore)
7 12008549 A 209,900 625 Lemon Way (Fillmore)
8 12006522 A 385,000 653 Saratoga St (Fillmore)

Total Listings High Low Average
Listing Price 2,590,000 195,000 663,050
Selling Price 0 0 0
Avg. DOM 68 7 32
... more
0 votes 6 answers Share Flag
Thu Feb 21, 2013
Scott Godzyk answered:
If you agent is a Buyers Agents they would not get any info direct from the Sellers Bank but from teh Listing Agent or the negiotiator hired to work on the sellers behalf. It is why the seller needs an expereinced and aggressive listing agent who can get updates and pass thenm onto your agent or you. You need to assess where the seller is in the short sale process. First the short sale package is completed and submitted, then the sellers bank will order an appraisal, once it comes back they determine if your offer is at or under market value. The process can take as little as a month but 2 months on average. if the agent is not following up properly, it could be 3-6 months. Check with the listing agent for updates. ... more
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Tue May 22, 2012
Bonnie Sterling answered:
Good Evening, you should definetely contact a lender first. There are so many good choices. I personally recommend Jenni Sherman Jsherman@medallionmtg.com 805-279-1441. She is based out of Simi but has a home in Oxnard so, she is in your neck of the woods. A lender will be able to help you determine your price range and programs that work for your financial abilities. Help you figure out if you need to work on anything financially before you are ready to purchase a home. Then, contact myself or Barry Shapiro, who will probably pop on here to answer your questions any minute now. We work in the same office and both can help you with finding the right home. Feel free to contact me directly though my profile for a free MLS portal access, no obligation.

I personally filed bankruptcy due to divorce at a very young age. You get over it, get past it and homeownership is an excellent way to reestablish good credit. I have a fantastic credit score now and was grateful for the reset to my life.
... more
0 votes 4 answers Share Flag
Thu Jun 2, 2011
David Stewart answered:
Hi
Your question did not link to the condo you are interested in. If it is a foreclosure auction in Ventura County the sale is typically at the north entrance to the court house. You might not know until the day before or the same day if they will have the starting bid below current market value. Should you win the bid you need to pay for it right then with cashiers checks. The other type of auction is when the banks have a home that they already foreclosed on that they want to get rid of. Then the auction rules will be different. Check out http://www.auction.com/ as they handle a lot of REO homes. ... more
0 votes 2 answers Share Flag
Mon Apr 4, 2011
Robert Lee answered:
Ugggg Short sales

Short Sales = Excellent communication and Negotiation skills.

Did I mention patience :)
0 votes 1 answer Share Flag
Mon Apr 4, 2011
Jorge N DeLeon answered:
Mid-Ventura would be a good choice but you sacrifice square footage. Seaward and Foothill/Poli would be a area to consider.
0 votes 6 answers Share Flag
Tue Apr 6, 2010
Barry Shapiro answered:
Hi Cookie,

I have three suggestions. One is to rent inside Leisure Village (see link below). Rentals inside Leisure Village currently range between $1150/month to $1850/month assuming your sister is 55+. Another oftentimes preferred choice would be to purchase a Leisure Village condo with a Reverse Mortgage, and have no payment for life! Option three is a 2+1 mobile home I have listed in a senior park here in Camarillo. The space rent is only $650./month. Check out http://www.casadelnortecamarillo.com/ for more details. Ted and Bonnie can hook you up with Senior choices in the Simi Valley area as well. Good luck in your search! ... more
0 votes 5 answers Share Flag
Tue Feb 23, 2010
Joseph Domino answered:
Yes, this is an issue. It is very difficult to get a second home or investment loan on a condo these days.

Maybe one of our LOs will chime in here. I am sure somebody has a private investor out there. ... more
0 votes 3 answers Share Flag
Wed Mar 16, 2011
Debra (Debbie) Rose answered:
He can ask...........but the answer will more than likely be no.

Does the contract give the buyer the right to walk away after the home inspection if they are not satisfied with the results? if it does........then the buyer has nothing ot lose to ask for repairs first, before walking. You never know..............the worst the seller can say is NO..........but,.if faced with a genuine structural problem, the seller might give in, and agree to address it...............afterall, the seller now needs to disclose what was discovered to the next buyer that comes along.

He might reconsider, and decide it is better to deal with this buyer then wait for a new one. Once sturctural issues are discovered...........and disclosed .............the seller might net less next time around.

It can't hurt to ask..
... more
0 votes 18 answers Share Flag
Sat Dec 5, 2009
Barry Shapiro answered:
Hi Seamu,
I should have a completely renovated detached 2-story house in Hollywood Beach for sale in the beginning of the year in the lower 4's. Depending on your price point, it may be a better alternative to the higher HOA fees, unexpected assessments, lack of control, etc., that comes with shared housing. Good luck in your home quest. You can also explore seller financing, as another alternative. ... more
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