Youll want a well know solid insurance company. Shop around, and if you need a referral Ill be glad to give the # to the agent I use.
Neal Grusky
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
| Fax: (800) 652-7604
www.hpremiereproperties.com... more
The lease is not your responsibility. Contact the solar company and ask them to remove it when escrow closes.
Neal Grusky
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
| Fax: (800) 652-7604
www.hpremiereproperties.com... more
Only an escrow company can do this. There are many quality ones out there. Be sure to make a good choice on the esrow company you decide to use.
Neal Grusky
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
| Fax: (800) 652-7604
www.hpremiereproperties.com... more
Without any long drawn out explanation simply, "no".
Neal Grusky
DRE# 01890580
Hpremiere Properties
Real Estate and Financing
10940 Wilshire Blvd. Suite 1600,
LA, CA 90024 | Office:
(800) 652-1768
| Fax: (800) 652-7604
www.hpremiereproperties.com... more
For the short sale.. you will not get a credit or repair... normally, you would get your inspections, as well as estimates for repairs and then go back to the seller and short sale lender with a reduction in price. It is not uncommon... a little more work for the agents, but no one wants you to buy a home you regret... It has to work for you... I do this often with Buyers in my short sale transactions and it usually works out for them... unless it is an fha deal or something with a small downpayment... then this tactic might not be worth it as a reduction in price will not put any more money in your pocket to do the repairs.... Always happy to assist.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills South
166 N. Canon Dr, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0690 fax ATT: RJ
RichardKas@gmail.com - www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting... more
It is illegal in California for a bank to demand a certain amount of insurance coverage to cover the loan. Insurance is designed to make you whole, not pay off your loan. An insurance policy will repair/replace your home if you experience a loss. The policy will fix your home, not pay off your loan.
With that being said, many banks still try to make demands on how much insurance you can have. They only time they have a valid point is when your insurance limit isn't high enough to make you whole. They need the home to be insured at an amount that will rebuild the home should it burn down to the ground. They don't want home owners to walk away from a loan because there is not enough insurance to rebuild the home and now the bank is left trying to sell a pile of ashes on a lot.
Lastly an HO-6 policy doesn't insure the building. Your insurance is for the everything inside the walls(sometimes that includes the actual wall on the inside) . How much coverage you need depends on the condo association's master policy and what they cover. Call the association and ask them what the master policy doesn't cover and then you will know where to start. A good agent is always a good source for insurance information. Find an agent that you trust and knows how the insurance policy works.... more
Shopping around is always the best way to get the lowest rate on insurance. Don't forget all your discounts to help get that rate as low as possible. You can get discounts for buying your auto, home, life, and business insurance from the same company.... more
You should find out how much coverage you need first. The reason I say that is because on a condo your building is usually covered by a master policy the you pay into with your association dues. The policy will cover the outside of the building and you will have to insure the inside. Call the association and ask them what the master policy doesn't cover and then you buy insurance to cover "the gaps". Most condo policies are anywhere between $150-$400 depending on where the condo is located, the amount of coverage you need, and yourself. The owner of the condo is always part of the consideration when it comes to the price of the insurance. Someone who keeps leaving the fire on the stove and burning dinners will be more than someone who never had a claim. I would love to give you an accurate quote if you are looking to renew your policy at a lower rate.... more
Our company would love to give you a quote and it's free. You should always try several places and compare rates and coverage. Price isn't everything or we would all be driving the Nissan Versa.... more
Olympia, I believe my colleague, Deborah, nailed the answer. While nobody wants to spend money they don't feel they absolutely have to spend, knowledge is power and paying a small amount now could prevent you from a huge monetary hit later. Best of luck to you!
Risa Liebster, Realtor®
Ramsey-Shilling Associates
818.397.9188
RSLiebster@gmail.com
http://www.TolucaLakeRealEstate.net... more
It costs a lot of stress and headaches if you're doing it on your own. Hire an expert, eviction attorney. I used before Dennis P. Block, and he got the job done.
Best of luck!
Calif. Pending Home Sales Index: April 2012: 128, a decrease from the revised 138.9 recorded in March. ____________________ Help with Any Real Estate Transaction - Buy or Sell Call me 424-777-9377 -
Read more
California pending home sales down after robust MarchC.A.R.’s Pending Home Sales Index (PHSI)* declined from a revised 138.9 in March to 128.0 in April, based on signed contracts. The index was up
Read more