Home Buying in Mill Valley>Question Details

Brett, Other/Just Looking in Los Angeles, CA

I am looking to buy a house with the view to leasing it eventually. what is the demand like for long term rentals on 3 Bdr houses in Mill valley?

Asked by Brett, Los Angeles, CA Fri Aug 10, 2012

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The market is right with record low interest rates and home prices on the rise which includes rentals. There are very low down payment purchase loans owner occupied with as low as half percent down payment and which can also contribute towards your closing costs as well. Do you have 3.5% to 20% down and closing costs saved? If not, you may buy with CHF Access half percent down payment with a minimum 580 fico score up to $417k and up to $729,750 with a minimum 600 fico score. It is tougher these days to get sellers to pay buyers closing costs easily and if you pay your own closing costs without asking for them, you are more likely to get your offer accepted.

I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here is a link, flyer, maximum income limits and a needs list to gather for processing a loan approval. I only need to ask a few dozen questions to qualify you to offer which loan programs will benefit you the best financially.

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

CHF Access half percent down flyer, pdf
http://tinyurl.com/9ewk9nq

Sheryl Arndt, standard needs list checked, pdf
http://tinyurl.com/9m2rsb2

CHF Access income limits http://tinyurl.com/8lzf8he

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
0 votes Thank Flag Link Mon Nov 12, 2012
The rental market is hot right now however, it sounds like you are planning to lease the house quite a while form now. If that's the case, it's difficult to say how the demand will be say in a year or two. That said, the MV school system is great and 3br houses should usually be in demand for renters with children.
0 votes Thank Flag Link Sat Aug 11, 2012
Hi Brett,

Everyone's comments are spot on. Great rental market here!

I am throwing my hat in the ring....

Contact me if you like.




Kevin Cullen

kjcullen.com

415.860.6039
Web Reference: http://www.kjcullen.com
0 votes Thank Flag Link Fri Aug 10, 2012
Hi Brett.

There is a very high demand for rentals in Mill Valley, and Southern Marin in general. Should you be interested in discussing the possibly of buying, please don't hesitate to contact me at any time. I am a top agent in Marin, have sold 5 properties year to date in Mill Valley and I am very familiar with market. Please don't hesitate to call or email anytime.

Best,
Caroline Nelson
Pacific Union International
415.672.0849
caroline.nelson@pacunion.com
http://www.pacunion.com/agents/CarolineNelson
0 votes Thank Flag Link Fri Aug 10, 2012
Hi Brett,

The demand for long term rentals in Mill Valley is strong. According to the Multiple Listing Service In the past six months 30 homes have been rented in Mill Valley ranging in price from $1900 to $12,000 per month. Currently on the MLS there are 10 active homes for lease ranging in price from $2850 to $9500 per month.

These numbers do not take into account a lot of properties leased out by professional management companies or homes leased out by the owners themselves to individuals. Individuals renting outh their own homes often use web sites like Craig's list or zillow.

Happy to answer any questions about the most sought after type of home if your goal is to have it as a long term rental.

Very best, Phillipa Criswell
email p.criswell@deckerbullocksir.com
Cell (415) 613-2817
0 votes Thank Flag Link Fri Aug 10, 2012
Brett,

The rental market is quite brisk at the current time!! most tenants are looking for longer term rather than short term due to the cost of moving. With the low interest rates and more reasonably priced properties, investing in Marin real estate is a good move!!

Let us know your minimum criteria for bedrooms, baths, square footage, etc. plus your price range. Are you only looking in Mill Valley or are there other areas that you would consider??

Mary Kay and Kathy
0 votes Thank Flag Link Fri Aug 10, 2012
Hi Brett,
Currently there is a very high demand for rentals in Marin and I'm sure there are many people that would be interested in a long term rental. When are you thinking about purchasing a home? If you do not yet have an agent in the area, I'd love to help out. Our inventory is somewhat low these days but depending on what you can spend, I'm sure we can find something. Please feel free to contact me at any time.
Bev
Alain Pinel Realtors
415-297-7811
bevs@apr.com
0 votes Thank Flag Link Fri Aug 10, 2012
Brett,

There is a big demand right now. Email me your criteria. I will email you homes and what you can rent them for.

Warm regards,

Miguel A Paredes III
mparedes@fhallen.com
415-233-3235
0 votes Thank Flag Link Fri Aug 10, 2012
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