Home Buying in Union City : Advice

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Huey Nguyen, Real Estate Pro in San Jose, CA
Huey Nguyen answered:
I'm planning to purchase a home in Union City, CA. In terms of resale value, what is the single most important thing to consider when buying a
Hi Renee,

I agree with my colleagues here - Definitely focus on the location when purchasing a home! This is always the most important thing to consider when buying a home! You can ... more
0 votes Share Flag Wed Feb 4, 2015 Home Buying in Union City
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
Can seller back out after all the contingencies are removed by the buyer.?
While in a contract seller legally cannot black out unless otherwise stated in the contract such as the verbage " contingent upon seller finding another house"
0 votes Share Flag Thu Jan 22, 2015 Home Buying in 94587
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
After my wife passed I wanted to put my daughter on the house with a new loan. Her credit is in the mid sevens and mine is in the low eights. We were
Hi Bill,

Shortfall wait time now is 4-years on conventional financing. However, there are programs depending on your " individual " case that may allow you to get financing even 1 ... more
0 votes Share Flag Thu Jan 22, 2015 Home Buying in Union City
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
What is the best area in Union city, CA to buy a home in less than 650K range?
Where did you end up buying?
0 votes Share Flag Thu Jan 22, 2015 Home Buying in Union City
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
Is getting preapproved and pre-qualified the same thing? And what do I need to know about choosing lenders?
Preapproval and Prequal not the same thing.
Prequal is an 'opinion' based upon a few questions the lender will ask you. The lender is not necessarily asking you to provide to document ... more
0 votes Share Flag Wed Dec 10, 2014 Home Buying in Union City
Austin Oney, Real Estate Pro in 94536
Austin Oney answered:
Would you rather buy a home in Fremont with good schools at a premium or buy in Union City and send kids to private?
Great question Anand. Overall, you'll get a lower cost per sq ft in Union City. However, one thing to consider is that Delaine Easton Elementary in Union City is very compare to Warwick ... more
0 votes Share Flag Mon Dec 1, 2014 Home Buying in Union City
pyee, Real Estate Pro in Fremont, CA
pyee answered:
I am looking for a buyer's agent in Fremont, CA area.
What kind of rebate are you looking?
0 votes Share Flag Thu Jul 17, 2014 Home Buying in Union City
Sam Shueh, Real Estate Pro in San Jose, CA
Sam Shueh answered:
what is a process to buy a for-closure home?
1 Often with cash buy as is at court house without inspection or knowledge of interior.
2 REO sale from MLS, with a mortgage.


There are few if any inventory right now. The REO sal ... more
0 votes Share Flag Fri Jun 13, 2014 Home Buying in 94587
Randall Ortiz, Real Estate Pro in Sacramento, CA
Randall Ortiz answered:
Loan requirements
663 isn't as bad as you think. You can definitely get a loan with that score. The lenders may charge you a little more for that score, but you should be able to get a loan. It would ... more
0 votes Share Flag Mon Jun 9, 2014 Home Buying in 94587
Jessica Aggs…, Real Estate Pro in 93465
Jessica Aggson answered:
what is a process to buy a for-closure home?
Hi Anthony,

There are couple different ways to buy a foreclosure. You can purchase the home at auction when the bank first takes the home back they auction the homes off in my area r ... more
0 votes Share Flag Mon Jun 9, 2014 Home Buying in 94587
Mike McLaren, Real Estate Pro in 94587
Mike McLaren answered:
What the price difference betwwen single family house with manufacture house in single family house lot?
Actually there is a small development of about 8 homes in Newark (near the center of town) that consists of manufactured homes. They blend in so well that most people are unaware of thi ... more
0 votes Share Flag Wed May 28, 2014 Home Buying in 94587
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
Why is this SFH so cheap?
Hi Steve, did you end up buying?
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Union City
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
What about the 7 hills neighborhood? Houses look really cheap compared to other parts of Union City...
It is great area and many buyers are looking to buy there. The way the market is you will see the home prices of 7 hills appreciating at a fast pace over the next year.
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Union City
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
Shouldn't buyers wait for home prices to fall back down? Home prices are acting like the stock market. So, why not wait? Examples are Earthquake.
Prices have gone up a lot but buyers are still buying. I think it is important to note that Interest rates are still low. If you can still capitalize on a lower interest rate and buy a ... more
0 votes Share Flag Sat Feb 8, 2014 Home Buying in Union City
Tom Sommers, Real Estate Pro in Eagan, MN
Tom Sommers answered:
Who's responsibility to pay unpaid property tax for a short sale house?
It is my understand that it is the responsibility of the bank who is allowing the short sale. However in many cases especially with HUD homes they will not pay any assessments and the ... more
0 votes Share Flag Thu Dec 5, 2013 Home Buying in 94587
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
So many homes now selling by flippers. If any buyer these homes, flippers will be making over $100,000 to $300,000 in a very short time.
Hi Michael,

In any free market economy you have the potential for bubbles that can pop due to excess speculative demand - this isn't going away any time soon because it's driven by h ... more
0 votes Share Flag Mon Oct 21, 2013 Home Buying in Union City
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
What would be the appreciation of a condo/town home near union city BART area 5-10 yrs down the line?
This is an impossible question to answer and it totally depends on who you listen to - there are some on this site who are predicting a drop in home values of 33% over the next year, an ... more
1 vote Share Flag Fri Sep 20, 2013 Home Buying in Union City
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
What is the home inspection contingency? Can anyone explain it?
If you find things in the disclosures that you are not comfortable with AND the seller will not deal with those issues, then you should have the right to cancel using the Inspection Con ... more
1 vote Share Flag Sat Sep 14, 2013 Home Buying in Union City
Michelle Car…, Real Estate Pro in Cupertino, CA
Michelle Carr-Crowe answered:
Is there a way to find out the winning bid price for pending sales rather than waiting for close of escrow?
Not with certainty. You can ask your buyer agent to ask the seller agent, but many times they don't want to release that info until all contingencies are removed, or it's closed.

The ... more
1 vote Share Flag Wed Aug 28, 2013 Home Buying in Union City
Michelle Car…, Real Estate Pro in Cupertino, CA
Michelle Carr-Crowe answered:
Can i still get back our deposit if we cancel the transaction since we cant put up the funds for the diff between the appraised value and purch price?
Joy, I understand after other failed offers, you finally have a counter offer from a seller.

Based on what you've shared, you have protections in place. It's a competitive market an ... more
0 votes Share Flag Wed Aug 28, 2013 Home Buying in Union City
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