Lynda, I would be happy to assist you in completing a market analysis on your property on Buckskin. I'm very familiar with the area. If you would like to contact me, I can be reached at (530) 249-2833. My name is Carol Murray and I am with RE/MAX Gold in Portola, CA.... more
Portola, California is located in Plumas County. just 1 hour north of Truckee and 1 hour northwest of Reno, Nevada. The Plumas County building department is relatively easy to deal with. For more information about sloped lots, contact the county office at (530) 283-7011.... more
In the state of NJ, the banks require that we keep taking offers until they have accepted an offer and all contingencies of that offer have been met.
I am only basing my information on NJ and suggest you speak to your agent or the listig agent (whoever submitted your offer to the bank on your behalf) but I believe that you were making an offer based on certain criteria and disclosures by the bank,,,those criteria have changed. I believe if you ask your agent to resubmit your office acknowledging that you are aware of the oil spill, you will again be on the table.
Your question interested me because I had this happen to one of my listings (except I did not fill the oil tank -the owner did) and we became aware of the situation during the buyer's inspections. It took almost a year to get the property cleaned up along with health officals certifications as to ground water quality that needed to be done every 3 months for year. This might not be true in your state but it will still get complicated...perhaps you should speak to an insurance specialist and your mortgage reps to make sure that don't have special requirements too with regards to this issue...... more
wait.............sellers and agents are resistant to lowering their prices. My guess is, if they can hold on, these people are hoping the government money will help buoy the local RE market. Unemployment is way up still!!! Houses are sitiing for months. Unheard of in this area. Take a look at the Trulia MLS for PV and you will see many large price reductions. 2 houses have dropped their prices over one million dollars!!! $100000 reductions are common Over 5 houses in "pre-forelosure" Make sure you make the appraisal part of your agreement because they are not coming in. My guess is that tis time next year July 2010 will be safer to buy. Jumbo loans are still difficult to get and this type of loan is the bread and butter in PV... more