| Subject | Date Asked | Expert |
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| buying first home | 7/17/2008 | Errica Cook |
Q: Young couple are excited to buy first home on busy street and maybe in flight path of airport. ...
A: All of the concerns you have about the home other buyers in the future will have. In this market ...
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| Loan Terms Changed while in escrow | 7/15/2008 | Errica Cook |
Q: My Husband and I were pre-approved for a loan a few months ago after credit check, finacial history, ...
A: You shouldn't have any problems, the sellers don't care where your money comes from, as long as you ...
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| Seller backing out | 7/13/2008 | Errica Cook |
Q: I have an contractual offer on house direct with owner and through escrow company and ready to ...
A: Unfortunately the seller can cancel at any time for any reason. They do need to notify you in ...
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| hoa rules | 7/11/2008 | Errica Cook |
Q: My homeowner's association is thinking to pass a new rule which would make a shed I have in my ...
A: You need to read your CC&Rs and bylaws carefully. In there it will say what the rules are regarding ...
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| Seller cancelled escrow after we had docs | 7/11/2008 | Errica Cook |
Q: We were within a couple of days of closing, my lender had docs ready, and the listing agent on an ...
A: A seller can cancel the agreement at any time, but they must do it in writing. Although cancelling ...
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| earnest money | 7/9/2008 | Errica Cook |
Q: i'm currently experiencing a dilemma with a contract: i'm being told by my mortgage consultant and ...
A: You have one other option. Did you ever remove the contingency in writing? Even though the time ...
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| RE: Values Of Townhome Property | 7/7/2008 | Errica Cook |
Q: I've read some of your articles and replies to HOA questions and I wish to pose one to you. Can ...
A: I can see why you guys are having trouble deciding. I can tell you this. In the complex that I ...
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| RE: Values Of Townhome Property | 7/5/2008 | Errica Cook |
Q: I've read some of your articles and replies to HOA questions and I wish to pose one to you. Can ...
A: That really depends on the parking situation right now. I gather that you have some common area ...
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| earnest money | 7/3/2008 | Errica Cook |
Q: i'm currently experiencing a dilemma with a contract: i'm being told by my mortgage consultant and ...
A: This is something that you need to refer back to your contracts on. Did you have the loan ...
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| cancel sale after escrow papers signed | 6/24/2008 | Errica Cook |
Q: We chose to go with a realtor who is a friend. Long story short, we would like to back out of the ...
A: You can always back out, but there might be penalites. Without seeing the contract you have with ...
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| Sale Contract | 6/16/2008 | Errica Cook |
Q: When you sign an agreement to sell a house with an agent, is there a cooling off period if you ...
A: Kevin, Both of your questions can be answered by reading the contracts you signed. There COULD be ...
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| earnest money | 6/16/2008 | Errica Cook |
Q: I am a buyer of a property in CA. I have 10k earnest money in escrow. I cancelled the purchase ...
A: Talk to your agent and to escrow. The seller DOES need to sign the paperwork, but in this case they ...
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| earnest money | 6/16/2008 | Errica Cook |
Q: I am a buyer of a property in CA. I have 10k earnest money in escrow. I cancelled the purchase ...
A: As long as you cancelled properly, and the proper way to cancel would have been stated in the ...
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| What to do during escrow? | 6/4/2008 | Errica Cook |
Q: I am helping my parents buying a house in northridge (porter ranch), CA. I don't want to get into ...
A: Yen, I am sorry that you seem to be so uncomfortable with the situation. You can fire your agent ...
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| open issues with deceased | 6/2/2008 | Errica Cook |
Q: "My question is: An owner who lives above me in my condo unit unexpectedly passed away on Tuesday. ...
A: You are correct in your clarification. As for the lien, the only way you could put one on the ...
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| withdraw from contract with realtor | 6/2/2008 | Errica Cook |
Q: I am in a 6 month contract with a realtor. After being hounded by the guy with phone calls for my ...
A: I am sorry to hear about your experience. I know that a lot of Realtors don't behave as they ...
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| open issues with deceased | 6/1/2008 | Errica Cook |
Q: "My question is: An owner who lives above me in my condo unit unexpectedly passed away on Tuesday. ...
A: That really depends on what the repairs are, what, if anything you agreed to in writing and who gets ...
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| hoa | 5/30/2008 | Errica Cook |
Q: we bout a house to rent out. we got our hoa paper work a week later. we find a clause that say they ...
A: What the HOA can do should be in the CC&Rs somewhere. If the make a rule they have to also state ...
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| hoa | 5/29/2008 | Errica Cook |
Q: we bout a house to rent out. we got our hoa paper work a week later. we find a clause that say they ...
A: Troy, Yes, the HOA can restrict you from renting out the home. During the escrow you should have ...
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| Can't find Leinholder | 5/23/2008 | Errica Cook |
Q: I am in the process of buying a manufactured home in San Diego. Escrow was due to close a week ago ...
A: Unfortunately you really can't do anything right now. Until the lein holder is found and paid off ...
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| How to be added as co-owner? | 4/29/2008 | Errica Cook |
Q: My mom bought a condo in 2000. She was injured in 2003 I was about 20 years old and moved in month ...
A: Contact your local county's recording office and ask how to be added. Usually it is just a matter ...
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| condiminium purchase agreement | 4/28/2008 | Errica Cook |
Q: Is the RPA-CA single family residential purchase agreement the same form i need to use to purchase a ...
A: It's exactly the same! You still want all the inspections, all the time frames stay the same, ...
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| Dual agency | 4/20/2008 | Jane Doe |
Q: I've been working with a great agent on my first-ever home purchase. We've been looking in a ...
A: It appeared your first question stated you were not yet represented by an agent. Now you are saying ...
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| Dual agency | 4/20/2008 | Jane Doe |
Q: I've been working with a great agent on my first-ever home purchase. We've been looking in a ...
A: Congrats on jumping into the real estate arena. Many transactions are single party representation ...
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| Returning deposit after 17 day contingency period? | 4/18/2008 | Errica Cook |
Q: We, as the buyers entered into a purchase agreement. First there was an initial offer, then the ...
A: Joe, First - acceptance. You would consider January 3rd as the date of acceptance, that is when ...
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| Quick Question | 4/14/2008 | Errica Cook |
Q: My father refinaced a home that my brother and myself, along with my father live in. The mortage ...
A: Contact the title company and ask them waht is necessary to get yourself off title. Usually this is ...
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| Quick Question | 4/14/2008 | Jane Doe |
Q: My father refinaced a home that my brother and myself, along with my father live in. The mortage ...
A: It is easy to have real property title reflect your wishes through a title company. They are ...
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| counter-offer | 4/9/2008 | Errica Cook |
Q: I live in ca and I am selling my house. My agent filled out the counter offer on my house and sent ...
A: Margie, Did your agent not explain any of this to you? This is all really basic contract stuff, ...
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| Lots of time, little money. | 4/1/2008 | Jane Doe |
Q: I am in the south east corner of LA county, 10 mile radius centered on Walnut CA, and I am looking ...
A: Yes, you bring up a viable point. From agent's point of view, have to use time, effort, resources ...
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| Lots of time, little money. | 3/30/2008 | Jane Doe |
Q: I am in the south east corner of LA county, 10 mile radius centered on Walnut CA, and I am looking ...
A: Being a licensed realtor, I don't have first hand knowledge of the types of hard databases outside ...
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| Commercial Real Estate Breach of Contract | 3/28/2008 | Jane Doe |
Q: My parents(the sellers) are in escrow on a large commercial property in LA. The contingency periods ...
A: After reading your important posting, I must advise you that you are seeking serious legal advice ...
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| Quick Sale and Short Sale | 3/26/2008 | Jane Doe |
Q: I need more information on these subjects. I want to have a better understanding. I hope you could ...
A: Mila: As in most transactions, each deal is different with individual criteria, clients, specs and ...
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| CA Title/Escrow Company Holding Deposit | 3/20/2008 | Jane Doe |
Q: We placed an offer on a house in May 2007 that was accepted, (offer was on CAR forms by our real ...
A: I reviewed your information and I'm assuming your question addresses your desire to receive back ...
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| Deeds | 2/29/2008 | Jane Doe |
Q: Is there a statue of Limitations on how long you have to record a deed after some one dies.
A: I would suggest getting it from the horses mouth--a real estate attorney looking it up and ...
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| foreclosure | 2/21/2008 | Errica Cook |
Q: could you please tell me what are the consequences of a foreclosure. I lost my job and i can't make ...
A: I am sorry to hear about you situation. I can't say exactly what the consequences of foreclosure ...
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| What is max loss if a buy walks out contract 2 days before escrow close? | 2/21/2008 | Errica Cook |
Q: We made an offer with "NO CONTIGENCY", and also signed loan docs in title company yesterday. We are ...
A: Without seeing the exact terms of your contract it is a little difficult to answer this. However, ...
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| Earnest Money/Purchase Agreement | 2/14/2008 | Errica Cook |
Q: My mother-in-law is selling her home, She received an offer which they signed and attached a counter ...
A: Well if the offer was signed by both originally, without the box "subject to attached counter offer" ...
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| Earnest Money/Purchase Agreement | 2/13/2008 | Errica Cook |
Q: My mother-in-law is selling her home, She received an offer which they signed and attached a counter ...
A: An offer is considered accepted when both parties have signed the offer/counter offer. So it sounds ...
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| Real Estate disaster | 2/7/2008 | Errica Cook |
Q: I purchased my California home in September of 2005 for $292,500. At the time, the words of advice ...
A: I am sorry to hear that you feel purchasing your home was a disaster. It would not surprise me to ...
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| Where to go for help? | 1/31/2008 | Errica Cook |
Q: I bought an REO property back in November and got a great deal for it. The night before I closed on ...
A: I am sorry, this is more of a legal question, perhaps for a real estate attorney. It is going to ...
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