Home Buying in Monterey : Advice

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John Burke, Real Estate Pro in Austin, TX
John Burke answered:
Is it possible to purchase a home with a tax lien on your credit?
Hi Mari,

Yes it is. I just got a client approved and closed on a VA mortgage with a tax lien.

Take a look at the recommendations from some of my past clients on my Trulia profile ... more
0 votes Share Flag Mon Feb 16, 2015 Home Buying in Monterey
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Is It A Law In California That The Landlord Has To Steam Clean The Carpets Before A New Tenant Moves in?
Klum,
Landlord Tenant Law is what is applicable. It's amazing what you can find with a search. Here is an excerpt from the link attached below;

A landlord cannot routinely charge ... more
0 votes Share Flag Sat Dec 20, 2014 Home Buying in Monterey
Giniellisqui…, Home Buyer in San Jose, CA
Giniellisquilts answered:
The map for 12135 Saddle Road in Monterey, CA shows it right near the Monterey Penninsula Airport. That cannot be accurate.
It's about 3 miles as the crow flies. Driving time from that address is about 8-10 minutes because of the winding road. Saddle Rd. is in the landing flight pattern for planes (on *final ... more
0 votes Share Flag Fri Sep 12, 2014 Home Buying in Monterey
Annie Giamma…, Real Estate Pro in 93940
Annie Giammanco answered:
I'm seeking investment properties in the Monterey Pen. area. Expired listings, "ugly" homes, etc. Thanks
Hi Alex,
I work with several investors in Monterey County.
Email me your criteria and I will forward you investments that I feel may fit your needs.
0 votes Share Flag Fri May 16, 2014 Home Buying in Monterey
Monterey Pen…, Real Estate Pro in Pacific Grove, CA
Monterey Peninsula Home Team answered:
Are there home owners that might want to trade their townhouse for a similar value Tahoe townhouse in South Lake, Nevada?
I rarely see trades work out as both owners seem to think their home/condo is worth more than the one they are trading for and ultimately they have a hard time agreeing to a price. If ... more
1 vote Share Flag Mon Sep 2, 2013 Home Buying in Monterey
Juliette
Juliette "Jette" Ferguson answered:
Hello, I'm considering Monterey bay for a second home for investment and retirement. Should I buy a condo or a house?
Hi Tarek, It will depend on your needs; however, generally speaking... resale is easier with a home than a condominium. There are also some in-between options (PUD) where you purchase a ... more
0 votes Share Flag Wed May 8, 2013 Home Buying in Monterey
Annette Boggs…, Real Estate Pro in Pacific Grove, CA
Annette Boggs, REALTOR answered:
I am moving from Florida , my home here will probably sell for 150k . Are there any homes I can buy in Monterey around that price range?
There are some wonderful mobile homes in Seaside and Marina under $150,000.
I happen to have a beautiful Mobile Home in Seaside for $68,000. It is a 55 and over park, 2 bed, 2 bath, ... more
0 votes Share Flag Sun Apr 14, 2013 Home Buying in Monterey
Annette Boggs…, Real Estate Pro in Pacific Grove, CA
Annette Boggs, REALTOR answered:
How do I know if the broker I choose to work with is doing right by me or just going through the motions?
Jeanne,
I would recommend that you ask the agent for referrals and check with them before working/choosing your agent. They will tell you how hard the agent worked for them, educated ... more
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Monterey
Annette Boggs…, Real Estate Pro in Pacific Grove, CA
Annette Boggs, REALTOR answered:
I would like a picture of my rented condo on 70 Forest Ridge Rd. #19 in Monterey, Ca 93940 What line to I use to view ariel shot of area and condo?
Use Google search and in the search bar type your address with city and state. You can then see the front of the unit.

Also Google Streets is a great one.
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Monterey
Patrick & My…, Real Estate Pro in Carmel, CA
Patrick & Myriam Kennelly answered:
Will home prices drop further to reasonable levels anytime soon on the Peninsula? Also, there seems to be a huge discrepancy between cost and
The "Monterey Peninsula" contains many different neighborhoods, each with its own sub-market. Basic housing in Seaside has already dropped from speculative heights of $600-$7 ... more
1 vote Share Flag Fri Jul 15, 2011 Home Buying in Monterey
Mike Kelly &…, Real Estate Pro in Santa Rosa, CA
Mike Kelly & Allison Norman answered:
If I sell a undeveloped land, can I pay down my primary residence's mortgage with the proceeds to avoid capitol gains tax on the land sale?
Christine, The operative phrase, "Contact a CPA who specializes in 1031 Tax Deferred Exchanges"! But remember, to avoid capital gains you need to exchange "like-kind" ... more
0 votes Share Flag Thu Nov 4, 2010 Home Buying in Monterey
Lori Jakubow…, Real Estate Pro in Monterey County, CA
Lori Jakubowski answered:
I'm looking for a beach front property in Monterey. I need a 2bed/2bth minimum.
Are you looking to buy or rent? The Chapman University extension campus is down by Fisherman's Wharf. Most beach front properties will be pricey, but there have been some good d ... more
0 votes Share Flag Mon Jun 14, 2010 Home Buying in Monterey
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Are there ANY advantages to buying a condo in a complex that is bank-owned?
If the place is cheap enough, sure. Just depends on how your expenses would compare to living elsewhere. Recognize, though, that you may have substantial difficulty if you want to sell ... more
1 vote Share Flag Tue Apr 13, 2010 Home Buying in Monterey
Mario Pinedo,…, Real Estate Pro in Beverly Hills, CA
Mario Pinedo, CCIM answered:
can an investor buy property for $300,000-400,000 with 25% down and get positive cash flow from rentals? Tom O
Absolutely! I don't think the returns will be as good as your market though. Monterey Peninsula tends to be a very pricey market.
0 votes Share Flag Fri Oct 16, 2009 Home Buying in Monterey
Albert, Home Buyer in 95121
Albert answered:
There seem to be a vast number of foreclosures in Salinas and relatively few in Monterey etc. What happened?
Salinas is having gang problem right now. Search about crime / homicide rate in Salinas, and you will find out why people avoid buying a house there. People from nearby cities (includin ... more
2 votes Share Flag Mon Jan 12, 2009 Home Buying in Monterey
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