Yes, they still exist. Here are a couple of links to web sites on the subject and I suggest that you contact a few lenders to learn more first-hand what the criteria is as they are the experts.
Prudential Connecticut Realty... more
In California, the Seller's are responsible to disclose all known material facts about the home to the Buyer's. This includes all HOA fees current & passed due and the fact that the home is located within an HOA. Good luck to you.
Construction costs should not be variable in this location vs others in the San Diego community. The assessments paid to the government can vary some. This is city of San Diego and they can provide input on those fees. The price per square foot can vary significantly depending on the finishes you are looking for, number of bathrooms and other factors. You also need to determine site work required on an individual lot. Grading, utilities etc. A rough estimate would be $150 to $200 per square foot. If you need a referral to an excellent builder who can also help you sort out the other issues and questions, give me a call.... more
The loans available are quite varied and for land + construction many options exist. Walk in to the Wells Fargo Bank in Rancho Santa Fe and see what's being offered to you from their private lending.... more
Which surrounding areas? At the coast or inland?
Coastal Zip Codes Narby are 92014,92075, 92024,92007
Inland Zip Codes are 92129,92127,92131
Let me know if you need any additional assistance!
Cash makes no difference in purchasing a property. Have your buyers agent work on your behalf determine the best interest in submitting an offer.
http://www.lynn911.com http://www.homes-for-sale-dallas.com... more
Three things come to mind. First, can you get a loan on the property. Second, can you get insurance. Third, when you try to sell it you will face the same issues facing the seller's today.
I hope that helps.
Warm regards, Walter... more
Have you been in touch with your realtor or the title company? that would probably be the best first step, because yes as part of the title commitment they should have researched the taxes and any amounts due should have been paid so that you could take over clear title.
If neither your realtor or the title company can provide a solution then you should contact a real estate attorney... more
Sounds like you did a rent back to the sellers. If you did, I'm guessing they're paying you rent for the 12 days. That rent should have included the HOA fees, but if you didn't include them, they don't have to agree to pay them now. If you're using an agent, ask your agent if the HOA fees were included. If you didn't use an agent, chalk it up to a lesson learned. And, it could have been a much more expensive lesson!... more
First, the easy answer. The school ratings are a national average so a 10 in Carlsbad is equivalent to a 10 in Carmel. Just as a 10 in the west coast is the same as a 10 in the east coast.
Now, the hard answers.
Elementary and middle schools are less important than high schools. Why? To go to a good elementary or middle school often one just needs to live in the district those schools are in. Some high schools, on the other hand, are grade and test based entrances and location is less of a factor. Plus, it is less important which elementary or middle school one comes from in moving to a higher education as high schools are to a better college.
The other factor I would consider is why schools rate the number they do. Most parents think that the reason a school is rated high is because of the schools excellent program and teachers. If you analyze the numbers involved that really isn't the case. If you look at the test scores of students of most any "good" school you would think they would increase as they go up in grade. For example, 6th graders would score @ 80%, 7th graders @ 85%, and 8th graders @ 90%. This climb in test scores would imply that students get better from the good teachers and programs that school provides with each school year. However, that isn't the case. Most often you will find that all grades (6th grade to 8th grade) will generally score the same across the board, meaning that the students came into the school already that smart. So, the reason for their smartness, isn't the school, although that helps. It is more often that these high scoring students have a good family based structure in their home. And, the reason why some schools have a higher incidence of smart kids is just for the plain fact that we, as parents, just want our kids to be around other kids that are just as smart.
As far as your question on whether to commute a longer distance for a better school. I wouldn't do it for elementary or middle, but I would probably do it for a high school.
Good luck!... more
In my opinion, it is inappropriate for the seller's agent to contact YOUR lender.
I would be surprised if the lender would engage in a conversation with the agent.
The seller's agent can discuss an earlier closing with your agent, who, in turn, would discuss it with you, and speak with your lender.....with your permission.
Best wishes!... more
I believe that it begins when the offer is accepted by the bank but...consult your real estate agent about it or look at your purchase agreement as it should be stated there.
Good luck to you!
Prudential Connecticut Realty... more
A short sale is when the selling price is negotiated between seller, buyer and the bank, and the bank agrees to take less than the actual mortgage pay-off amount.
Typically, a buyer has to expect a protracted time to negotiate and close a short sale, since the permission is needed from the lender to proceed. That said, they can work and result in good value for the buyer, and save the seller from potential foreclosure.... more