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Cory La Scala's Advice

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  • 547 Contributions
  • 13 Best Answers
  • 102 Helpful

Cory La Scala wrote:

How do I know if a listing is legit before sending my personal information to apply for the rental?

Answer
Great information so far. Also, if you cannot see the listing in person, it's a scam. No legitimate owner or property manager would expect you to pay money site unseen.
4 days ago
(0)

Is this legit or a Scam?

Answer
Hi Mike,All you have to do is a little fact checking. The area code 502 is in Kentucky; the Harlingen, TX area code is 956.The owner's name for this property is not George. Notice there's no last name. l know the owner's real name.Look at the grammar. This person is supposed to be a doctor, and the grammar is way off. And, what landlord says,"at the expiration of your stay, the $500 security deposit will be refunded to you during check out?"Then there's the price. If it sounds too good to be true, it probably is.You were smart for asking.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
August 19
(2)

is there a high risk for buying an auction property?

Answer
Oh yes, there are risks. I used to do the bidding for an investor, oversee the rehabs, then list them for sale.You must get a title report on the property to know what liens there may be. It's not just the primary loan that may be in default, it could be a second or third. If it's a second loan, you'll have to pay off the first, usually higher loan, and whatever other liens exist.. If it's the third, you're responsible for the first and second, etc. The investors you see buying at an auction, do this as their primary job. They have people in place that do nothing but research properties, and they get free title reports because their title companies get lots of business from them.  Also, usually you won't be able to see the inside of a home.  An investor I know once bought a home that was gutted inside. It worked out OK, but these investors do this all the time, so they're able to negotiate better prices for their labor and materials.And, these auctions go really fast. They can be confusing if you're not used to them. It's not difficult to buy the wrong property if you're not careful. I've seen it happen. And, as Dan said, the regulars will "bid you up" just to knock you out of the game. It's very competitive; you have to know how to bid.Let me know if you have other questions. Just click on my name and contact me directly.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
August 18
(1)

Can Zillow provide an accurate accessment of property value as of 1/2014 for property tax purposes?

Answer
Hi William,You'll need a real estate agent for that. Either contact the agent you used to buy your home, or I can help you. Just contact me directly by clicking through to my bio.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
August 15
(0)

Waterfont park in Little Italy

Answer
In case you're wondering why you're getting the silly replies, it's because this is an advice page for buyers and sellers selling help, not an advertising forum for agents. You can post your listings on this site, but not here.
August 13
(0)

Should I add another bedroom to improve my Zestimate

Answer
Hi there,Please don't make changes for a Zestimate. These are notoriously inaccurate. In fact, one of the most common questions here is about inaccurate  Zestimates, "Why is my house so much lower than my neighbors" type questions.  A real estate agent can prepare a CMA, a Competitive Market Analysis, for homes in your area, including both 4 and 5 bedrooms. You don't want to worry about the number of a Zestimate (they don't use an appraiser accepted standard for distance), because no real estate professional uses them to establish value for your home. If you were to list or try to refinance tomorrow, buyers might be looking at Zestimates, but their agents and banks aren't. Their agents would be pulling up-to-the-minute information from the MLS and also from the tax records, plus taking several factors into consideration. When a buyer submits an offer you accept, unless it's a cash offer (usually buyers looking for a deal), they will have an appraisal done. Appraisers don't care about Zestimates from a consumer website, or value estimates from any other consumer website, they're looking at actual numbers. BUT, they have to take condition, location and several other important criteria into account. Zestimates can't do that. Improve for resale or a refinance, not for a consumer website, which won't make a difference when you need it.Let me know if you'd like my help with this, at least you'd have a better idea. Just click on my name and contact me directly.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
August 13
(0)

I am getting listings for El Cerrito, Ca. I meant to ask for El Cerrito area here in San Diego. Coul

Answer
Hi there, I can send you listings directly from the MLS. I can include the listings that go into escrow too, and even listings that sell. This way you know you're getting up-to-date listings. On real estate sites like this one, very often the listings aren't available any more.  Plus, I can include only listings in the 92105 and 92115 zip codes, and even narrow it down further geographically if you want. Plus, the criteria is much more comprehensive than a website's search.Let me know, I'd be happy to set it up for you. Just call or email me directly through my bio, and let me know what you want. No strings, but you'll be able to reach me at anytime with questions or for property information.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
August 02
(0)

1 How strong is a rental lease if owner now wants to sell?

Answer
Hi Thomas,If you email me personally through my bio, I'll send you a copy of, "California Tenants, a guide to Residential Tenants' and Landlords' Rights and Responsibilities."This is addresses on page 47, the section titled, " Landlord's Sale Of The Rental Unit," which is directly related to your situation.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-style-parent:""; line-height:115%; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-fareast-font-family:"Times New Roman";}
July 21
(0)

What's the best time of the year to sell a home?

Answer
Hi there,Spring/Summer is when sales start to perk up, although it depends on the area. One reason Spring/ Summer is a good time to sell, is because families tend to want to make that transition in between school years.Don't hesitate to contact me off forum, to let me know what other questions you have; I'm happy to answer them.Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
July 17
(0)

public record is not updated for the home listed for sale

Answer
Hi Leo,I see that your question was answered, but if you can, delete this question so that your name, property address, email address, and phone number are not online for everyone to see. I always worry about that! Zillow and other consumer real estate sites are often not up-to-date, but eventually the information shows up, even if too late to use for real estate transactions. Consumer real estate sites are tools only. For accurate information, people need appraisers, the actual tax record, and real estate agents, etc. I can't count the number of "active" listings my buyers call about that aren't available!Warm Regards,Cory La Scala, REALTORIndependence RealtyCalBRE Lic # 01443391
July 08
(0)