Search results

Hi All OC Neighbors: One of my classmates just bought a SFR for 1.2M - 3500 sq.ft ($315/sq.ft) - SFR in Anaheim Hills - schools rated at 9/10/9 - with $100 HOA and no Mello-Roos. It is a 20 year old house renovated-tear down 2015 and built back. He closed in October 2017, so shielded himself...

Hi All OC Neighbors: One of my classmates just bought a SFR for 1.2M - 3500 sq.ft ($315/sq.ft) - SFR in Anaheim Hills - schools rated at 9/10/9 - with $100 HOA and no Mello-Roos. It is a 20 year old house renovated-tear down 2015 and built back. He closed in October 2017, so shielded himself...

Guys, did anyone here was successfully able to get a 2nd FHA mortgage on their spouse name (in another state) while their primary residence (only on 1 person name) has been rented out and has an existing ongoing FHA loan. What are typical requirements to get his loan? Example: Husband owns a...

Guys, as some of the members already know me here, i bought a tri-level attached condo in Portola springs (winter 2016) and i am under negative cash flow of around 5-6 k/year despite renting it out.  :-[ :-[ Now, i am all the way on east-coast in Manhattan area and have been looking to invest...

Hi Guys, my friend bought a 1960 built 4 bed/2 bath: 1400 sq ft/6000 sq ft lot - SFH in Brea for 605k. There is no HOA/no mello and he sneaked in a 3.5 Interest Rate last Oct 2016. I visited his house and other than the backyard and front parking space, was not really impressed by the home...

Guys, I am thinking about selling the 1614 sq.ft  tri-level condo i bought last year. Some things i want to know before i would want to go through the ordeal are: 1. As per real-estate IRS rules, any property sold within 1st two years of its purchase will NOT incur any taxes on the sales...

Hello Fellow Irvinians (if there's anything like that): I would like to know from the senior-experienced members on this forum about the speculations that we will see a 20% drop in prices in the next 2 years (say by Dec 2018). Considering the infamous 7 year high & low cycle, will we ever be...

Hi Guys, I own an attached condo in Portola Springs (investment property) [purchase for 550k, 2.5bath/2bed, 4-floor monstrosity with stairs - tandem garage overlooking the 133S toll road and it has $315/month HOA. I just paid a super hefty bill of $8800 (property tax for the full year). Even...

Hi Guys, pretty much everyone here must be aware of the big drop we experienced in 2011 in CA. I bought a 1600 sq ft condo 2bed/2.5 bath Tri-Level - Tandem Garage this year for 550k in Portola Springs. My question is that since the community in which i bought it started the 1st phase...

Hey Guys, my builder charged me $2500 for installing window treatments in my newly built condo in Portola Springs (one of those infamous tri-level tandom garage ones) 1600 square feet. I was told and also thought earlier that getting it done independently might be cheaper. However, i was...

Hello Guys, so i am paying $600 for HO-6 policy per year for the Attached Condo and it does not include earthquake coverage. What are some of the companies that you have used and the do and don'ts to watch out for to buy the earthquake coverage. Thanks guys,

Guys, thanks to brexit, now the interest rates are nearing to an all time low. Please answer the questions: 1. Considering its the first home purchase, If the home-owner is no longer living in the mortgaged house that he got as a primary residence and have rented it out, will the bank create...

Guys ...alright alright...so someone spends more than half a million dollars and guess what, these builder walls are so cranky and shitty that they can't keep some bass within-them, i am referring to a attached condo where at the time of purchase, the sales agent proudly vouched for how thick...

Alright guys, pardon me for my question, might be dumb, but hey i gotta ask it: 1. Any benefits of NOT sharing home owners name/contact info etc to be shared by HOA folks with others? 2. If someone else wants to pay my HOA per month, does HOA folks have an issue with that? Is there a rule that...

Other than hotpad,apartments,craigslist ?

Guys, I have read extensively about how owners title insurance policy is really important as widely posted by realtors/lawyers/title companies but another reality posted is also about title companies purely making easy money and this owner title insurance policy doesn't do much...

Can anyone please help me understand this rule, this is what the bank says: Bank to obtain Non-Borrowing Spouse Signature Requirements Lender to obtain state required signatures at closing from the non-borrowing spouse. What if wife is absent on the closing day? As per CA law, then closing...

Apparently as the article infamously points out...

Hello Fellow Irvinians, I am currently under escrow for my 1st home in IR, can anyone please tell me the process to get MCC (mortgage credit certificate). One of my friend told me that if you make less than 128k/year, you qualify for MCC and that saves you 2k/year in tax credits. But he also...