Home Buying in 94503>Question Details

Anon, Other/Just Looking in California

After renting in Walnut Creek for several years we are hoping to get into the RE market we are considering a home purchase in American Canyon and

Asked by Anon, California Sat Jan 30, 2010

Fairfield/Green Valley. We are wondering if homes are still selling really fast? Are investors still buying homes right away, or has that died down a bit as time has gone by? Do we find separate realtors for the two areas? Or one that knows both well. We had one person tell us that we would have trouble getting our offers approved if we used an FHA loan, we are having a hard time getting different information from everyone we speak to, so I'm thinking we need to find one person that we trust for all of the areas we are intersted in, including the East Bay, but am unsure if that is the smartest way to go. We find these properties in the internet and drive by them, they have signs in front, but then when we call about them they are in escrow , so we know we need a professional to guide us through all of this. Obviously from all of the rambling, we are feeling a little overwhelmed with our options and deciding which path to take. Thanks so much.

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Fl’s answer
Before you buy anything, check out the location you are buying in. Good source is http://www.city-data.com/
It's important to know the crime rate, school quality, city problems, etc. Also a realtor who specializes in an area would be better than one who is not familiar with the area (if they are willing to drive all over the place for you to begin with). You can very well have different agents for different areas. You can find a lot of info by internet search or talking to Open House agents-- even sign up with them if you like them. Hot deals can be gone in 2 days...so you definitely need an agent and get prequalified if you need a loan.
0 votes Thank Flag Link Sat Jan 30, 2010
Hey Anon,

Great question. Since Napa and Solano Counties are so close, you should not have any trouble finding an agent that is fluent in both areas.
The market is still moving strong since there aren't a lot of banks that are releasing there inventory. Less inventory usually stimulates more competition for what is out there. I know it can get frustrating but what you need to do is work with a Realtor that can put you onto a direct MLS search engine that works in real time. Sites like Zillow, trulia, Google, and a host of others tend to show properties as being active even after an offer has been accepted.

I do a lot of work in Solano and Napa county since my partner has quite a bit of foreclosure business with some of the banks. I would be honored to help in any way I can and get you started on the right foot.

My cell is at your disposal if you need me.
Good luck out there.

Ken

Kenneth Schrier Real Estate Group
CPS Property Advocates
cell - 707-529-4819
email - http://www.kenschrier@aol.com
web - http://www.kenschrier.com

lic. #01370974
Web Reference: http://www.kenschrier.com
0 votes Thank Flag Link Sat Jan 30, 2010
You really need a Buyer's Agent to assist you. And, you should retain only one Buyer's Agent, because your chosen Agent will show you homes you want to see in all areas in which you have interest & help you compare the homes in the different areas. And, your Buyer's Agent can send you homes in your price range, so you can decide which ones you want to see & when, which is better than drive-bys & going to open houses. And, best of all, you don't pay the commision, the Seller does. But, the Buyer's Agent represents only you.
0 votes Thank Flag Link Sat Jan 30, 2010
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