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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What if you are a college student looking for a home?
Hello Caleb, your qualifications will be determined by your credit profile, debt to income ratios, fico scores and how much you want to invest into the down payment and closing costs. Y ... more
0 votes Share Flag A few hours ago Financing in Los Angeles
Amortgageadv…, Real Estate Pro in Los Angeles, CA
As an honored veteran you are eligible for special home financing options that have been designed with low interest rates, low down payments and reduced credit approval requirements. There are a variety… Read more
Blogged yesterday, 7:18pm by Amortgageadvisor.com Home Buying Financing Credit Score
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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What is the average time a buyer buys a home from the time they are qualified?
I would say the average is 90 days for most of my clients but many are from 30-60 days. It does depend on agent experience, where, price range, qualifications, loan program and the offe ... more
0 votes Share Flag Yesterday at 6:49pm Home Ownership in Los Angeles
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
Is this the same Cheviot Hills that heads right towards 20th Century Fox?
Cheviot Hills/Rancho Park is near the studio's.
0 votes Share Flag Yesterday at 5:24pm Rentals in Cheviot Hills
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
Does this mean if we get pre-approved we terminate the Contingency? Even if we later get a loan denial letter?
Pre-Approval has nothing to do with the loan contingency in the California Purchase Contract. Please contact a local Realtor who can walk you through the process and explain the contrac ... more
0 votes Share Flag Yesterday at 5:21pm Home Buying in Los Angeles
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Are you close to 20th Century Fox?
No, I am no where near there.
0 votes Share Flag Yesterday at 2:26pm Rentals in Cheviot Hills
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
What questions / document can I ask interested tenants to assess their financial strength / quality as tenant? - Salary? - Employer? - Loans?
Dear Bernd,
We use a Tenant application that has all this information on it. I suggest you join the association at www.caanet.org. You should be able to get what you need there.
It w ... more
0 votes Share Flag Yesterday at 6:42am Rental Basics in 90048
National Len…, Real Estate Pro in 93661
National Lender - Al Rodenburg answered:
What are my chances of getting my fha loan approved? I plan on putting down 5.1% and upward of 10% if necessary.
Zero down conventional financing is available:
Structure: 5% gift + 95% mortgage; if you have good credit (720+ scores),
this would probably allow you to buy more house (higher purch ... more
0 votes Share Flag Sat Jul 12, 2014 Financing in Harbor City
National Len…, Real Estate Pro in 93661
National Lender - Al Rodenburg answered:
0 Down non-us resident mortgage
Closing one this week for a foreign national - with 20% down.
He's on an L-1 visa.
Would be happy to discuss what's available in your situation with you.
- Al Rodenburg, Sr. Mortgage ... more
0 votes Share Flag Sat Jul 12, 2014 Financing in Los Angeles
National Len…, Real Estate Pro in 93661
National Lender - Al Rodenburg answered:
Is anyone familiar with Fannie Mae's Homestyle loan program?
FannieMae HomeStyle (renovation) loans are available for Purchase or Refinance transactions.
LTV up to 95% on a Primary residence - Loan $ calculated by using either the :
a. purchase ... more
0 votes Share Flag Sat Jul 12, 2014 Financing in Los Angeles
HomeBlogger, Other/Just Looking in Irvine, CA
The finance experts at The Mortgage Reports reported last week that mortgage rates are getting near a 13-month low, and that mortgage payments have gone down 4.4 percent since the beginning of the year.… Read more
Blogged Fri Jul 11, 2014 by HomeBlogger Market Conditions Home Buying Financing
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Jane Peters, Real Estate Pro in Los Angeles, CA
How is the Brentwood Los Angeles real estate market doing?  Let's take a look at how the second quarter 2014 compares with the first.Brentwood single family home salesSold+/-Median+/-ActiveMedianPending68+35$2… Read more
Blogged Fri Jul 11, 2014 by Jane Peters Home Buying Home Selling
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Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
I am from canada and Im looking to buy a multi family home in Los angeles (investment prop), how does it work with money down and so on?
For a large Multi Family property you will need 35% down for a commercial loan. There are other issues when working with a buyer from out of the country but my lenders have experience. ... more
0 votes Share Flag Fri Jul 11, 2014 Investment Properties in Westlake
Arpad Racz, Real Estate Pro in Santa Clara County, CA
Arpad Racz answered:
We're a couple looking to rent a place for 6-12 months around 90048 - West Hollywood or surrounding areas. We're looking for one bed, 1 bath. Any?
Hi Rosie,

In addition to looking at the normal portals online, also consider looking at your local MLS public portal under rentals.

Kind regards,

Arpad
0 votes Share Flag Thu Jul 10, 2014 Rentals in 90048
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz (213) 814-5238 answered:
My husband and I have our names as buyers on purch agrmt. Can we take our names off & put our daughters name instead?She qualifies for loan by herself
As long as she can qualify for the loan, you can put her name on as the buyer, and remove yours on the offer paperwork. It does depend upon where you are in the process. Have you just m ... more
1 vote Share Flag Thu Jul 10, 2014 Home Buying in Los Angeles
Kathryn Hirsh, Real Estate Pro in 91302
Kathryn Hirsh answered:
Is pacific palisades nicer than Malibu, or personal preference? The beaches are different in pacific palisades than they are in Malibu?
Hi Maria,
I am a native California from Los Angeles...I love New York but a very different world. And Pacific Palisades and Malibu are also pretty different.

Pacific Palisades is c ... more
0 votes Share Flag Thu Jul 10, 2014 Home Buying in Pacific Palisades
Jacqui Rum, Real Estate Pro in Westlake Village, CA
This is part 2 of my rant of "Why Paying Rent Sucks". I just read an article this morning that rent in L.A. county has increased 6.1% in the month of June alone. Read that again; In the month of June,… Read more
Blogged Thu Jul 10, 2014 by Jacqui Rum Home Buying Rent vs Buy Rentals
rocheleau.mi…, Both Buyer and Seller in
rocheleau.mitchell answered:
How does buying a mortgage note work?
Visit www.thenotefactory.com

Check out the videos, they are very helpful.

There is a great description of what seems like a very complex concept but in reality it is very simple ... more
0 votes Share Flag Wed Jul 9, 2014 Financing in Los Angeles
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