Home Buying in 95060 : Advice

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Mike Young, Real Estate Pro in Santa Cruz, CA
Mike Young answered:
Is a mold-inspection with elevated (15x outdoor level) myxomycetes a deal-breaker? Myxomycetes is a wood decay indicator.
You should probably walk away from this deal. An alternative would be to ask the sellers to do the $3K mold remediation at their expense and retest. If myxomycetes levels come down to o ... more
0 votes Share Flag Thu Nov 6, 2014 Home Buying in 95060
Mike Young, Real Estate Pro in Santa Cruz, CA
Mike Young answered:
If you offer full asking price on a house can the owners counter offer at a higher price?Is this a common practice?
In a word, yes. If you made a perfect full price offer, with no contingencies, you may have a legal argument that sellers are obliged to accept your offer, but in practical terms it wou ... more
0 votes Share Flag Thu Nov 6, 2014 Home Buying in 95060
Liz Kroft, Real Estate Pro in 95062
Liz Kroft answered:
I'm looking at a house that is perfect in every way except..... drywood termites, fungus/dryrot and some
Welcome to the California Coast :) Unfortunately, with such low inventory and high demand sellers do no have to make concessions or address repairs the same way they would if the market ... more
0 votes Share Flag Tue Nov 4, 2014 Home Buying in 95060
Fred Herman, Real Estate Pro in Staten Island, NY
Fred Herman answered:
If I offer asking price of a home in NY State is the seller obliged to accept offer? Or can they wait for other offer from another potential buyer?
it's the seller's home. they can sell to whomever, whenever the want. also, sometimes it's the terms that are just as important or even more important to the seller than the price.
0 votes Share Flag Sun Nov 10, 2013 Home Buying in 95060
Philip E. Ca…, Real Estate Pro in Santa Clara, CA
Philip E. Cabral answered:
What are the risks to me signing the inspection report for a home I am about to make an offer?
The bottom line is that signing the inspection report is merely acknowledging the receipt of the information. That's it.
0 votes Share Flag Thu Dec 13, 2012 Home Buying in 95060
Molly Thomps…, Real Estate Pro in Santa Cruz County, CA
Molly Thompson answered:
What should I be aware of when buying a home from a trust advisory (California Real Estate)?
Ken:
You would actually be buying a property from the Trust and the Trustee may or may not know anything about the property. I've listed 2 recently and in one case, the Trustee had li ... more
0 votes Share Flag Tue Nov 13, 2012 Home Buying in 95060
Molly Thomps…, Real Estate Pro in Santa Cruz County, CA
Molly Thompson answered:
Will the newly passed Prop 30 affect taxes on capital gains from real estate sales?
You should be more concerned about the 3.8% tax that's part of the ObamaCare program. It takes effect Jan 2013... so you have 6 weeks to sell to avoid it completely and I'd be glad to ... more
0 votes Share Flag Tue Nov 13, 2012 Home Buying in 95060
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