95050 : Real Estate Advice

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Nnati, Home Buyer in Santa Clara, CA
Nnati asked:
My Online Realtor details Hi, I need to change my Realtor details on your website - how can I do it?
0 votes Share Flag Sun Jul 31, 2016 How To... in 95050
Brook S., Other/Just Looking in Niles, OH
Brook S. answered:
Is it illegal to mark up the price of a home to justify paying a realtor's fee?
Yeah many do this and call it 'creative financing' however if you can afford it have a real estate attorney look over the details, and then decide what to do based on his/her findings t ... more
0 votes Share Flag Thu Jul 28, 2016 Home Buying in 95050
Brook S., Other/Just Looking in Niles, OH
Brook S. answered:
My brother and I hold the title to his property but the mortgage loan is in his name only. Can I transfer my share to my parents ?
Properties have a deed, not a title. Cars and trucks have a title. This makes me wonder a company is called a "title company" when relating to the process of researching the deed, etc.
0 votes Share Flag Thu Jul 28, 2016 Home Buying in 95050
 Christyswip, Real Estate Pro in Jacksonville, FL
Christyswip answered:
Broker said she can get 3% referral fee on new homes and rebate 2% to me. If I the buyer negotiate the selling price directly, will I get better deal?
The 3% is the commission the builder typically pays the real estate agent for bringing them the buyer. We do the same thing: keep 1% of the 3% commission and give you 2%. That's $8,0 ... more
0 votes Share Flag Mon Jul 11, 2016 Home Buying in 95050
Kskhan00, Home Buyer in Chicago, IL
Kskhan00 asked:
Can we sell rental income property after 3 months if tenants moving out? We used our previous residence for a future rental income to get mortgage for new home. Tenant wants to break the lease within 3 months, can we sell the property instead of renting it? Any…
0 votes Share Flag Thu Jun 30, 2016 Home Selling in 95050
Alex Greer, Real Estate Pro in San Jose, CA
Alex Greer answered:
NEED EQUITY LINE OF CREDIT, original homeloan is 490K, the house is valued at 1.2 mil, 720 credit score, DTI is 64%, need about 100-200k,
I would be more than happy to help you with a HELOC.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Off ... more
0 votes Share Flag Tue Jun 14, 2016 Financing in 95050
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Hi, my dear friend's new husband had her sign away all interest in the house he bought before they were married. This document was notarized and
if her name is on the loan, she's liable for it.
0 votes Share Flag Sat Sep 26, 2015 Financing in 95050
Huey Nguyen, Real Estate Pro in San Jose, CA
Huey Nguyen answered:
Are market conditions in Santa Clara such that all areas would expect to appreciate over next 5 yrs?
Hello Priscilla Horn:

Like my colleagues have stated, this is a difficult choice to make. I have many clients myself who are wondering if they should sell now, take in the money, ren ... more
0 votes Share Flag Mon Jul 6, 2015 Market Conditions in 95050
Michelle Car…, Real Estate Pro in Coppertino, AL
Michelle Carr-Crowe answered:
Can a 15% down payment still get a jumbo non-conforming loan (say around 850-900K loan) in today's market?
Yes, I helped a client do this recently-at a price point of $1.5M, so it is possible with stellar credit and income. Text or Just Call 408-252-8900 for details.

Michelle Carr Crowe
0 votes Share Flag Wed May 20, 2015 Financing in 95050
Michelle Car…, Real Estate Pro in Coppertino, AL
Michelle Carr-Crowe answered:
I live in Santa Clara, California. Can I convert my detached garage to attached? I will lose one of my two sideway access by doing so.
Have you checked with the City yet? Many guidelines are online, and they are usually helpful even when you just walk in. I've seen homes done both ways in Santa Clara-you just want to e ... more
0 votes Share Flag Wed May 20, 2015 Remodel & Renovate in 95050
Michelle Car…, Real Estate Pro in Coppertino, AL
Michelle Carr-Crowe answered:
what possible penalties converting detached garage into living space, keeping original look of the garage and its door in Santa Clara?
First go talk to the City to see what is allowed. While I see many converted, the City has the right to make you put it back if it wasn't done with a permit first.
0 votes Share Flag Wed May 20, 2015 Remodel & Renovate in 95050
Michelle Car…, Real Estate Pro in Coppertino, AL
Michelle Carr-Crowe answered:
It's legal to ad a bath to my garage in Santa Clara?
While I know homeowners with baths in the garage in Santa Clara, go down and get a permit first.
0 votes Share Flag Wed May 20, 2015 Remodel & Renovate in 95050
Sam Shueh,  in San Jose, CA
Sam Shueh answered:
how can i lease my property on trulia?
http://www.trulia.com/for_rent
create your listing and submit it
0 votes Share Flag Sun Mar 22, 2015 Home Selling in 95050
Sheryl Arndt, Real Estate Pro in Woodland Hills, CA
Sheryl Arndt answered:
I am on disability with low credit score. I have a lien on an inherited life estate property. Will lien be paid off after house is sold?
Hello Kathleensheridan1, this is a legal question which we can not answer or post and this would have to be discussed with either a legal aide or lawyer. There are options depending on ... more
0 votes Share Flag Thu Mar 19, 2015 Home Buying in 95050
Arpad Racz, Real Estate Pro in San Jose, CA
Arpad Racz answered:
My home is in the old part of Santa Clara near the Franklin Mall and I can't decide if I should sell my house or rent it out to Santa Clara
Hi,

What did you end up doing in 2010? Renting or selling?

Kind regards,

Arpad
0 votes Share Flag Tue Mar 10, 2015 Home Selling in 95050
Vicky Chang, Real Estate Pro in Pittsburgh, PA
Vicky Chang answered:
Short Sale Commission of 3.5% / 2.5%
Thank you for posting your question on Trulia!
The norm is to split it evenly even for short sales in Pittsburgh. It seems like the listing agent just want to make more money for him/h ... more
0 votes Share Flag Wed Feb 25, 2015 Home Selling in 95050
Robert Spino…, Real Estate Pro in Mill Valley, CA
Robert Spinosa answered:
In a rent back situation for two months will my owner insurance and requiring the seller to get renters insurance protect us from liability?
Hi Miriam,

I hope that by now you were able to contact your insurance agent and ask this very astute question and get it answered to your satisfaction. Personally, I don't think I'd ... more
0 votes Share Flag Fri Nov 22, 2013 Home Buying in 95050
Zachary Dani…, Real Estate Pro in Palo Alto, CA
Zachary Daniel answered:
I am looking to rent a studio for my son who is a college student, want to spend max. $800 - any ideas?(Sunnyvale, Cupertino, Mt.View, or Santa Clara)
$800/month is on the low end of the spectrum. It'll be difficult to find a studio apartment. You may find a single room in a shared home or apartment for this rate though.

As an exam ... more
0 votes Share Flag Wed Sep 25, 2013 Rentals in 95050
Andrea Gomez, Real Estate Pro in San Antonio, TX
Andrea Gomez answered:
When would lenders start giving loans using the new loan limits announced by HUD raising the limit to 729K?
Now. FHA goes up to 729k in some counties in CA
0 votes Share Flag Sat Aug 10, 2013 Financing in 95050
Juliana Lee, Real Estate Pro in Palo Alto, CA
Juliana Lee answered:
Any thoughts on the Summerhill Homes near Santana Row? The prices keep going up like crazy, is it really worth it?
Santa Clara home prices haven't gone up as much as prices in Palo Alto, Mountain View, or Los Altos.

http://julianalee.com/santa-clara/santa-clara-statistics.htm
http://julianalee. ... more
0 votes Share Flag Fri Jun 7, 2013 Home Buying in 95050
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