94526 : Advice

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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
If i put $50,000 down on a townhome that costs $409,000, what would my mortgage payment be?
Hello Jfaber, your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and c ... more
0 votes Share Flag Mon Mar 16, 2015 Financing in 94526
The Shawn Sp…, Real Estate Pro in 46383
The Shawn Spaw Team answered:
We've done a cash purchased on a historic property. Could we still get a 203k loan to take care of structural repairs?
It would not be a 203k loan. You would have to refinance with a renovation loan.
0 votes Share Flag Thu Jan 2, 2014 Remodel & Renovate in 94526
Mary Ann Cad…, Real Estate Pro in Walnut Creek, CA
Mary Ann Cadorna answered:
Looking for a house
Hi Gigi,

There are currently 26 homes under one million dollars in Danville, the most that l've seen in the last couple of years. If an agent has such a home, they should be able to ... more
0 votes Share Flag Sat Apr 13, 2013 Rental Basics in 94526
Neil Case, Real Estate Pro in Contra Costa County,...
Neil Case answered:
looking for investment property (condo) Dublin or Pleasant Hill.area and any area in between. Under $200,000.
Agent Jeri Mladnich,

Please show all of us these properties in Walnut Creek that are priced under $200k.
0 votes Share Flag Thu Sep 20, 2012 Investment Properties in 94526
Tom Duggan IV, Real Estate Pro in Pleasanton, CA
Tom Duggan IV answered:
We are deciding between two houses.
Go with house number 1. Cheaper to purchase, lower down payment and lower property taxes every year... Also, when you remodel, you can create your own interior, like the style and co ... more
0 votes Share Flag Tue Aug 28, 2012 Home Buying in 94526
Patty Ballard, Real Estate Pro in Danville, CA
Patty Ballard answered:
I am looking for a 4 bd. w/pool Rental Home in Danville. There seems to be a limited amt. With so many short sales/foreclosures, is it possible to
Contact your realtor to search the multiple listing service for all rentals in Danville. She will also be in contact with the property managers in the area for a fresh list of rentals. ... more
0 votes Share Flag Wed Aug 22, 2012 Foreclosure in 94526
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
is FHA 203k loan for remodel possible if we already bought the house and already have a mortgage?
Absolutely you can. You will need to have the plans (with a complete materials list) before the appraisal can be completed.
You will need to utilize a licensed contractor.
Once the w ... more
0 votes Share Flag Tue Jul 3, 2012 Remodel & Renovate in 94526
Patty Ballard, Real Estate Pro in Danville, CA
Patty Ballard answered:
How are homes selling in the West Side of Danville Ca selling?
Westside has the charm, location and lot size. It has always drawn buyers so has kept home prices higher-the old supply and demand trick. Many properties are pulling in multiple offer ... more
0 votes Share Flag Thu Jun 14, 2012 Home Selling in 94526
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
I am looking for a house is near to Monte Vista high school.
Ken H:

To search for property within the Monte Vista High School attendance area:

1) Go to SchoolandHousing's "Find Homes in School Boundary" search http://tinyurl.com/77a8gaw
2) ... more
0 votes Share Flag Tue Apr 17, 2012 Home Buying in 94526
Scott Hulen, Real Estate Pro in 64068
Scott Hulen answered:
New Construction in 94526 - price per square foot?
Sorry price per sq. ft. may be the worst question in real estate! Let me explain and break it down for you as there are many components and there is no standard formula for what goes i ... more
0 votes Share Flag Wed Mar 7, 2012 Home Buying in 94526
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
Found home for $625K to buy w/ FHA. But needs $350K remodel/renovation.What are loan options for reno?
It's all about "After Repair Value" (ARV). You need to consult with an experienced "Distressed Property Professional" in your area. They have very astute buying ... more
0 votes Share Flag Fri Nov 11, 2011 Financing in 94526
Kamal Randha…, Real Estate Pro in California
Kamal Randhawa answered:
Are banks in CA writing 95% OR 93% loans on homes in contra costa? (strong credit, $250M income)
Hello Dg8trs,

These loans are very possible. You can go to any mortgage broker or bank and get pre-approved. Good luck :)

Kamal Randhawa
Broker
510-932-1066
0 votes Share Flag Sat Jul 24, 2010 Financing in 94526
Arturo Shive…, Real Estate Pro in Walnut Creek, CA
Arturo Shivers answered:
What advise would you provide when billding on a foreclosed property that is being sold at a trustee sale?
Before bidding, I would recommend request a title search of the property to see what other liens might be recorded against the property. i.e, mechanics liens or subordinated liens that ... more
0 votes Share Flag Wed May 26, 2010 Foreclosure in 94526
Jane Grant, Real Estate Pro in Temecula, CA
Jane Grant answered:
what is the rental value of 2243 gladwin dr in walnut creek?
Raya12, If you know the number of bedrooms you can get a very accurate estimate of rental rates from this website: www.rentometer.com.

This website is up to the date with advertised ... more
0 votes Share Flag Sun Feb 14, 2010 Rental Basics in 94526
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
Is it legal for a real estate agent to disallow an fha borrower from making an offer on a short sale?
John no it is not allowable for a real estate agent to disallow an offer with FHA financing. The seller however can instruct the listing agent not to present any offers with FHA financi ... more
0 votes Share Flag Wed Jan 20, 2010 Home Buying in 94526
Jane Grant, Real Estate Pro in Temecula, CA
Jane Grant answered:
Please help me out...If I put in an offer that is higher than the next person and my loan was approved...
SQ, Tran: You will have much less competition from cash buyers if you put offers on short sales. Cash buyers typically don't want to wait for short sales to be completed. Cash b ... more
0 votes Share Flag Mon Jan 18, 2010 Home Buying in 94526
Arturo Shive…, Real Estate Pro in Walnut Creek, CA
Arturo Shivers answered:
We have made an offer on a Cartus relocation home, and another offer was accepted (presumably a higher offer). We would like to also present a
I am in agreement. On a relo property, often is not the amount of the offer, but the closing timeframe and contingencies that the seller is interested in. In that case shorter and/or ... more
0 votes Share Flag Thu Nov 12, 2009 Home Buying in 94526
Richard, Real Estate Pro in Los Angeles, CA
Richard answered:
If I bid $1 on a foreclosed trustee sale property what other costs can I expect? I am the current renter of
The banks always have a minimum bid and it’s normally the amount of the balance of the mortgage they hold on the property. I have never seen a property go for 1 dollar. And what ... more
0 votes Share Flag Sat Jul 11, 2009 Foreclosure in 94526
Judy-Lynn Ki…, Real Estate Pro in 94506
Judy-Lynn Kiersey answered:
Million $ homes in Danville/San Ramon (REO/Short Sales)
A short sale is very different from a bank-owned property. For example, the list price of a short sale home may be 'wishful thinking'. The seller may list his home below market, and he ... more
0 votes Share Flag Sat Jul 11, 2009 Foreclosure in 94526
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