8612 Passons Blvd. Pico Rivera 90660 | Offered at $549,900
Converted to Living Quarters
Inside & Exterior
Beautiful upgraded home in the city of Pico Rivera, bordering Downey, CA ready to move in! Updated flooring and fresh paint throughout the 2 bedroom 1 bathroom home with BONUS laundry room, BONUS exterior bathroom and BONUS Converted Garage into a STUDIO with Kitchenette and Bathroom. The Open Concept Kitchen is also updated with a bar top counter to host guests. Large back yard all recently cemented for low maintenance and perfect for gatherings. Back yard includes a storage built-in and patio for shade during summer events featuring an exterior bathroom for guests to use when hosting family and friends. NEW ROOF installed, and a converted garage to a studio perfect for additional income, or to have a friend or loved one stay with privacy. So many upgrades and ad-ons you must see!
If you’re ready to make your dream of owning a home a reality, you’ve probably already heard that you should consider getting prequalified for a mortgage. Find out how much house you can borrow before you start looking with no obligation. Home buyer workbook included.
One Step Closer to Homeownership:
frequently asked questions:
Documents required for review:
• 2 year tax returns including W2’s
• Bank statements for 2 months
• Paystubs for 1 month
• Full Credit Report (We can provide with consent)
What is mortgage prequalification?
Mortgage pre-qualification is an evaluation by a lender that determines if you would qualify for a home loan. It also shows how much the lender would be willing to lend you. Getting pre-qualified is the first step towards getting a mortgage, but it does not guarantee a loan. Your pre-qualification letter should be submitted along with your offer to show sellers that you are a serious and qualified buyer.
How to get pre-qualified for a mortgage?
The lender will ask for some basic information about your financial history and will need to run a credit report. If you meet the lender’s guidelines for issuing a loan, he or she will issue you a pre-qualification letter, which states the home loan amount the lender is willing to let you borrow.
How long does it take to get prequalified for a mortgage?
Because it’s an informal, nonbinding evaluation, you can get pre-qualified in a day or two, sometimes less. Depending on the lender, pre-qualification can happen in person, over the phone or online.
Why should I get pre-qualified for a mortgage?
There are a number of reasons why it’s a good idea to get pre-qualified for a mortgage. A pre-qualification letter can help your offer stand out in a competitive market, and help show sellers that you’re a credible buyer who can act fast and secure the financing needed to purchase a new home. In some cases, sellers may require a pre-qualification letter from every prospective buyer who needs financing to purchase the home. Getting pre-qualified can also help you during your home search because it can tell you what you can comfortably afford to spend on a home.
What if I am turned down for my mortgage pre-qualification?
If you don’t qualify for a mortgage pre-qualification, there are some things that you can work on that may increase your chances: work to improve your credit score, fix any errors on your credit report, or create a plan to reduce debt and/or save for a larger down payment. In many cases, your lender can work with you and give you tips on how to improve your chances of getting your home loan pre-qualification.
4) Need a referral to find an agent in another city or state? Please fill out the form below:
Frequently Asked Questions
HOW CAN I BUY WITH $0 DOWN?
The most common $0 down program for Veterans is VA Loan requiring 620+ Credit, and the Calhfa Loan requiring 680+ credit score. There are various programs with $0 down, but will all still have fees to consider. Contact me to schedule a free pre qualifying appointment to see which loan is best for your needs.
2. HOW CAN I BUY WITH DACA?
The home buying guides for DACA are constantly changing, but you can currently use the CONVENTIONAL Loan. To maximize your qualification work towards a 740+ credit score, you can buy with as little as 3% down.
3. HOW CAN I BUY WITH AN ITIN?
The ITIN program requires 15-20% down, if you have the savings ready contact me to schedule an appointment to see if this program makes sense for your needs.
4. WHERE DO I START TO BUY A HOME?
The basic general requirements are 1) Two years of stable income & filing taxes [unless you just graduated with a degree and started working in the field you studied]. 2) A minimum credit score of 620+. 3) Savings in your bank account, at least 3.5% of the home price. Once you have those basics ready, contact me to start!
In real estate, an attractive exterior can make or break a home sale.
Why Curb Appeal Matters
First impressions are everything – at least when it comes to selling your home. 63 percent of homebuyers will drop by after viewing a home they like online. What will they see? The home’s exterior – including the front entry, yard, driveway and sidewalk — should serve as a snapshot of what’s to come when potential buyers enter your home. Read on to learn 10 ways you can wow homebuyers from the curb.
Most homeowners don’t give their roofs a second glance, but the roof is an important curb appeal item that buyers do notice. Is yours missing any shingles, or is it dingy and streaked? A good cleaning or, if necessary, a roof replacement will up your home’s curb appeal factor tremendously.
2: Shiny, Happy Numbers
If your house numbers aren’t easy to see or if they’re dirty and dingy, replacing them carries a tremendous impact.
Budget-conscious homeowners will love this tip: Pressure-washing the dirty siding and deck, as well as the oil-stained driveway and faded walkways is an extremely cost-efficient way to increase your home’s curb appeal. If you don’t own a pressure washer, you can rent one from your local home improvement store for the day.
One of the most common curb appeal killers, and easiest fixes, is to simply give those tall and window-obscuring shrubs and bushes out front a nice flat-top trim. Letting prospective buyers see the full front of the house with windows and all will go a long way toward unloading your house quickly.
Regularly care for your lawn by mowing the grass, raking off leaves, and pulling weeds. Keep it well watered to prevent brown spots. As long as you keep up with it, lawn care won’t become a huge project.
Except for the dead of winter, some types of annual plants are always in bloom. Spruce up your porch containers, window boxes and front beds with some colorful flowers for instant lift. A few inches of dark mulch will brighten up the beds.
Paint is only about $25 per gallon, and painting the front door, trim and shutters is a great way to polish the look of your home. Other inexpensive fix-ups: a new mailbox, a new porch light fixture and a cheery new welcome mat.
If your driveway is cracked or stained or has vegetation sprouting from it, you can upgrade it for curb appeal without doing a complete redo. First repair the cracks and stains (and kill the weeds), then dress it up by staining the concrete or affixing flagstones. If you need more room to move your car or park, add stone, brick, or pavers to the sides of the drive to widen it with a decorative border. Establishing a crisp, clear shift between paved and unpaved surfaces can help to set off a driveway and enhance a landscape.
If the main walkway up to your house is a boring series of concrete slabs or is broken, cracked or otherwise rundown looking, you can easily create a new one for not much money. Cool flat flagstones can be attached to good, but bland, concrete or try laying out your own brand new walkway, just ask a home improvement store for tips.
9. Fix it up
Take care of any small repairs, like ripped screens, or burned out bulbs. Even tiny flaws can stand out against an otherwise picturesque exterior, so it’s worth taking a day to fix them. Walk around the outside of your house noting anything that requires a quick fix, and then get the tools you need and get to work.
10. Keep it simple
Whatever you’re planning on doing, don’t overdo it. Just keep it clean and tidy so that the whole place looks aesthetic and composed.
Giving your home a curb appeal boost can be done in just a day or weekend if you plan ahead and prioritize the projects that will really make a difference. Chances are, your home already has plenty of beautiful elements and it just needs some finishing touches to really look its best. Put some time and effort into it and you’ll be amazed by the results.
Selling your home means making dozens (if not hundreds) of decisions, starting with whether to work with a real estate agent.
Even after commissions, statistics show that listing your home with a professional versus trying to sell by owner (FSBO) results in not only a faster sale but more money for the seller. Here is 6 additional benefits to listing with an Agent:
1. They understand fair market value and pricing strategy: When you work with an experienced, local agent, they should have a great handle on just what your home is worth in your area, and what kind of pricing will get buyers through the door. They can help you walk the tightrope of getting you as much money out of your house as possible, while still appealing to a wide range of buyers.
2. They’re objective listing experts: Good real estate agents have a deep understanding of their local market and want to show your home in the best light. They also have relationships with photographers and home stagers, who can all work as a team to highlight the amenities that local buyers want.
3. They have access to extensive market exposure: With access to the local MLS and online listing portals, social media presence, professional networks, connections with other agents, and name recognition, your real estate agent can get a lot of eyes on your listing and plenty of potential buyers in the front door.
4. Buyer’s agents are more likely to show your listing to clients: Real estate agents are paid on commission, so some agents may not take the time to show your FSBO listing to their clients, since there’s no guaranteed commission.
5. They’ll negotiate professionally: Experienced agents can spot serious buyers and guide you toward the strongest offers, which eliminates the burden of calls and negotiations with less motivated shoppers. Agents are extremely familiar with both the selling process and your local market, so they can recommend appropriate counteroffers. Bottom line: They’ll help you get as much money as possible. No wonder 82% of sellers surveyed by Zillow said they value their agent’s ability to lead contract negotiations.
6. They know the paperwork: There’s a lot of documentation involved when you sell a home, and without an agent, the burden of making sure it’s complete and accurate falls on the seller (or an attorney you’ve hired to help). Seasoned real estate professionals are experts at the purchase and sale process, and all the legalese that comes with it.
A proper home inspection is your best defense against buying a property that will be a home improvement nightmare. Your Real Estate Agent will recommend you hire a licensed and bonded home inspector when your offer is accepted so much in fact, you will have to sign a waiver form if you refuse to complete an inspection. They charge on average $400-$600, use these tips to get the most out of your home inspection.
1) Show Up
Make sure you are present for the home inspection and be prepared to ask questions and point out specific problems you’d like to check out further. This will be the first time your home inspector has been at the property, so your knowledge of potential issues is invaluable.
2) Use Someone You Trust
Doing your homework to find your own home inspector can really give you peace of mind. While your realtor probably has a few inspectors that he or she can recommend, you can still find your own. An impartial, third-party home inspector will be able to talk freely and frankly about potential issues. You may have to pay a little bit extra for a quality home inspector, but compared to the purchase price of a house, it’s well worth it.
3) Don’t be Afraid to Ask Questions
The reason you hired a home inspector is because this person has the necessary knowledge to evaluate whether or not this potential property has any issues that would make purchasing the home a bad decision. And you should respect your home inspector’s knowledge and time. However, if something doesn’t look right or you don’t understand what a home inspector is referring to, speak up. It’s better to ask a question now than have an issue arise after you’ve purchased the property.
4) Get Pictures for Proof
Any home inspector worth using will bring a camera along on the inspection. The inspector will also be heading into places that you won’t want to go if you don’t have to (the roof, crawl space, under decks, the attic, etc.). Ask your inspector to photograph any potential issues that arise so you can see the issue for yourself and make sure you fully understand the problem.
Infrared and thermal cameras can give you and your inspector a look behind walls and floors that you otherwise wouldn’t be able to get without ripping out drywall or flooring. Because this technology is so accessible, your home inspector should use these pieces of equipment throughout the inspection (though some home inspectors may charge an additional fee for this service).
5) Pay Attention to the Roof
A home’s roof plays a huge role in keep the interior in good shape. It’s also one of the most expensive and labor-intensive parts of a house to replace. Try to find out when the roof was last replaced, the age of the shingles and weather or not any warranty exists. Make sure your home inspector actually goes up on the roof during the inspection (unless it’s physically unsafe to do so) ? there’s only so much you can see while standing on the ground. Keep eyes peeled for curling or missing shingles and pay special attention to anywhere there’s a chimney, vent or skylight to look for signs of water intrusion. You can also see signs of water issues in the attic if it’s accessible.
6) Look for Cosmetic Fixes
Freshly-painted walls and new floors are often signs a homeowner cares about the home they’re selling. But sometimes these things can also be cosmetic cover-ups of underlying problems. Pay attention to any suspicious fixes — only part of a floor patched or repaired or only part of a wall is freshly painted ? and ask your inspector to take a closer look.
7) Test GFCIs
GFCI outlets are part of the building code in rooms where moisture is present (kitchen, bathroom, laundry room, etc.). Your inspector will know how to test these outlets properly, and malfunctioning or non-working GFCI outlets could hint at bigger electrical problems.
8) Look in the Attic
A well-functioning attic is crucial to protecting a home. If your home inspector can get into the attic without trampling insulation, you can often learn a lot about the home and any renovations or repairs. One very common inspection red flag is improper venting of bathroom fans into the attic (and not extending the vent all the way through the roof). If your bathroom fan is venting directly into the attic, all it’s doing is sending moisture and humid air into the attic where it cause mold, rot or worse. It’s also not up to code. If possible, have your inspector check for attic air leaks. While you can fix these attic air leaks, an attic with air leaks could have potential issues with insulation, moisture, mold or worse.
9) Give the Plumbing a Try
Losing water pressure or dealing with a slow drain can be indicators of larger plumbing issues. Make sure bathtubs and shower pans are leak-tested. And have the home inspector inspect the water main and shutoff points (very useful knowledge if/when you take ownership of the property).
10) Furnace and Water Heater
Beyond making sure the furnace and water heater work properly, you should find out how old each one is and the last time each received service. Replacing a furnace or water heater can be pricy, so if either one is in need of replacing soon, you need to keep that in mind while putting together your offer on the property. You can also get a feel for how the furnace is cared for by checking the furnace filter. A filter that’s in obvious need of changing can hint at other postponed or ignored maintenance.
11) Don’t Forget the Basement
An unfinished basement will give a lot of clues to the condition of the house and foundation. Look for cracks, signs of repairs and water issues. A crack in the slab or wall is not always a dealbreaker, but understanding why a crack appeared is important. Your home inspector will be able to tell you if anything needs further inspection from a structural engineer.
Plan on buying a home soon? Here are 10 words you should know during the process:
OFFER: An agreement between buyer to seller to purchase real estate. Also known as a sales contract.
2. CLOSING COST: Fees paid at the end of a transaction either by the seller, buyer, both, or lender. They include the taxes, insurance and other lender fees.
3. HOME INSPECTION: Examination of the property’s condition. Usually performed by a qualified home inspector of your choice.
4. APPRAISAL: Property and or land valuation completed by an appraiser who determines the market value, typically paid by the buyer when in escrow to purchase.
5. SIGNING: Typically occurs when you will be signing your loan documents for the home purchase. Scheduled by your lender near the end of the escrow period.
6. CONTINGENT: Occurring or existing only if (certain circumstances) are the case. For example your offer to purchase is valid if the appraisal, home inspection, and mortgage approval is approved.
7. EARNEST MONEY DEPOSIT: An upfront deposit made to the seller showing the buyer’s good faith in a transaction. Typically held in an escrow account until the close of escrow. Initial deposit can be returned to the buyer if no contingencies have been completed.
8. TITLE: A bundle of rights in a piece of property. The title company will provide you with the preliminary title to review before accepting the property.
9. INSURANCE: Choose your home owners insurance and provide the information to your lender. Gather 3 or more quotes before choosing.
10. RECORDING: The day after signing your final loan documents, the loan will fund and the ownership of the property will be transferred to the buyer. This is the day you will receive your keys!
Beautifully upgraded 2 Bedroom 2 bathroom Condo located in a great and convenient location of Harbor City. Drive into a gated garage with 2 assigned spaces and Visitor Parking. Enjoy an Open Concept kitchen to dining area, living room and balcony. New Paint and Laminate flooring throughout, Dual Central AC and Heat, Convenient Laundry area inside, enjoyable gas and wood burning fireplace. Bedrooms are spacious with lots of light and the master bedroom has a spacious walk-in closet and en suite bathroom. HOA is reasonable and includes, building insurance, water (hot and cold), trash, and controlled access for safety, along with a courtyard area. Enjoy a quick drive to Trader Joe’s, Theater, and FWY access, the condo is also VA approved!
You’re Invited to the Open House
Saturday April 6 & Sunday April 7 // 1- 4pm
Not sure if you qualify for this home? Fill out the form below:
New State laws took effect that create new opportunities for accessory dwelling units (also known as ADUs, “backyard homes,” or “granny flats”).
Need more living space for your family? Want to earn rental income? You can build an accessory dwelling unit on the residential or agriculturally zoned property that you own.
What is an ADU?
An Accessory Dwelling Unit (ADU) is a residential unit that can be added to a lot with an existing single family home. ADUs can be detached (a separate building in a backyard), attached to or part of the primary residence, or a garage conversion. ADUs are independent rental units that have their own kitchens, bathrooms, living areas, and entrances. The ADU can be used as a rental, but cannot be sold separately from the primary or main single family residence. The existing residence must be a legally established structure.
What is the law for ADUs in the City of Los Angeles?
The new state law (AB 2299) applies to LA and makes it easier to build an ADU on a single family lot. The state law encourages the construction of accessory units because the City needs more housing. You can read the entire lawat the California Legislative Information website by searching California AB 2299.
Contact your local building and safety department before hiring a contractor, each city may pass new laws that will affect ADU construction.