Southern Pacific / Richards : Advice

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Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
What safeguards against self-dealing? Bank's listing agent using shill to purchase undervalued property for quick resale?
It is frustrating to get beat out when paying cash but keep in mind that you may be going up against other cash offers. In a flippers market they are most likely out bidding you and do ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Brand new homes
New homes sales are about supply and demand. In a hot market they will normally get their full price. In a slower market they will always negotiate to keep their inventory moving. On ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Why is it so hard to get a sellers agent to present a well qualified VA LOAN?
VA loans is a almost a great service for our vets but the terms of the loans make it more difficult to get accepted. I have had VA loans go really easy and really bad. It also seems t ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Short sale realtor commissions
It's not that it can't be negotiated but it is paid by the bank and not the seller. Short sales are very difficult for all and realtors on both side deal with a lot of extra work, stre ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Ali, Home Buyer in Virginia
Ali asked:
Flipping houses Where is ideal location to flip houses in Southern California.
0 votes Share Flag Thu Jan 21, 2016 Investment Properties in Southern Pacific / Richards
Richard Litt…, Other/Just Looking in Orange County, CA
Richard Littlefield answered:
Back property taxes owed on a trustee sale auction purchase in California
Sorry,

I think you owe the taxes. In fact you probably won the bid because all the other bidders looked up the tax liability in advance.

Many times there is a title policy take ... more
0 votes Share Flag Thu Sep 3, 2015 Foreclosure in Southern Pacific / Richards
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
I'm thinking of buying a MANUFACTURED HOME and renting it out on my own Lot. Cheaper than building a SFR.
I don't think so because of the loss of value with this type of "home". Build less and do it better. It will be worth more in the long term.
0 votes Share Flag Thu Sep 18, 2014 Investment Properties in Southern Pacific / Richards
Teri Andrews…, Real Estate Pro in Auburn, CA
Teri Andrews-Murch answered:
I am looking to relocate from Utah to to California and looking for at least a 3 bedroom but if possible 4. We can do no more than 1200 a month
Hi Maribell

To post your question in San Bernadino, go to Advice on the upper menu bar, in the blue bubble (find your community) type in San Bernadino, that will take you to the Q & ... more
0 votes Share Flag Mon Oct 28, 2013 Crime & Safety in Southern Pacific / Richards
candysmith282,  in Washingtonville, NY
candysmith282 answered:
How can I find housing on extremelylow income ssi ?
Hi , i could get something nice, if you really interest okay , you could just contact me through this mail , Tricia_courtney@ymail.com
0 votes Share Flag Mon Oct 28, 2013 For Rent in Southern Pacific / Richards
Sheila Smith,  in Sacramento, CA
Sheila Smith answered:
**I'm the buyer** What is a loan modification and can this be done on a home that's listed as a short sale?
Hi Robin,

I have experienced this scenario a few times with seller's after they listed with me to sell their home. In some cases when a seller contacts an agent to sell they hav ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Erin,  in South Lake Tahoe, CA
Erin answered:
What is a loan modification and can this be done on a home that's listed as a short sale?
Hi Robin; This a great question and thanks for asking it.

A loan modification is just what it sounds like. If the homeowner wants to attempt to keep their home, the homeowner can r ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Samantha Lees,  in Roseville, CA
Samantha Lees answered:
My husband's job is moving us to the west coast. We can pick anywhere we'd like, and we've narrowed down between Old Town Pasadena,
Hi There - I have lived in California my entire life and in both southern and now nothern California, now couldn't be a better time to invest in a home in CA. With that being sai ... more
0 votes Share Flag Fri Sep 17, 2010 General Area in Southern Pacific / Richards
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
How long do you think the market will be classified as a Short Sale market? Thanks for taking the time to respond. Thank you Sherry Ferfes
Hi Sherry,

I'm not local to the Sac market so I would not venture a guessabout your specific area (Jim looks like he’s measuring the pulse pretty well); however, I came ... more
1 vote Share Flag Tue Oct 6, 2009 Agent2Agent in Southern Pacific / Richards
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
How do you know if a selling agent presented your offer to the sellers? Is there a way to find this out?
SoCal thanks for clarifying.

So you suspect the listing agent is not transmitting your offer to the seller (A bank, I presume)
The banks will often instruct the listing agent to ... more
0 votes Share Flag Wed Sep 30, 2009 Home Buying in Southern Pacific / Richards
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