Home Buying in San Luis Obispo : Advice

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janinslo, Home Owner in San Luis Obispo, CA
janinslo answered:
what is the meaning of "condo" vs "townhouse" vs "duplex" vs "multi-family" homes?
A condominium is a form of ownership.
A townhouse is a style of architecture, meaning it has stairs and several levels, as opposed to a flat. A flat is all one one level thus more use ... more
0 votes Share Flag Fri Sep 13, 2013 Home Buying in San Luis Obispo
Pacific Coast…, Real Estate Pro in Los Osos, CA
Pacific Coast Brokers, Inc. answered:
Can anyone tell me what is happening with the sewer in Los Osos?
The town is currently being sewer by the county. The residents are being assessed the cost of the sewer project since 2012/2013. The most common $24K per property sewer assessment is ... more
0 votes Share Flag Mon Sep 9, 2013 Home Buying in San Luis Obispo
Bart Powers, Real Estate Pro in San Luis Obispo County...
Bart Powers answered:
As an incoming college student, is it a better investment to buy a cheap property or rent a studio apartment?
It depends on how much money you have to put into purchasing an investment property and if you can qualify.

I have several options that you could take advantage of if you were intere ... more
0 votes Share Flag Wed Jul 3, 2013 Home Buying in San Luis Obispo
Cheryl Priolo, Home Buyer in San Luis Obispo, CA
Cheryl Priolo answered:
looking for a Lot/Land loan to purchase a property in the pismo beach/ Arroyo Grande area. I am in the military and will be retiring in the next 3-5 y
I have a 5 acre parcel for sale and have found a lender who will loan on raw land.
Give me a call if you would like more info or email me at Cheryl@triadslo.com
Cheers,
Cheryl Priolo ... more
0 votes Share Flag Tue Jun 18, 2013 Home Buying in San Luis Obispo
Sarah Flicki…, Home Buyer in San Luis Obispo, CA
Sarah Flickinger answered:
I would be accompanying my daughter to attend a summer program at Cal Poly for a month. Besides renting a hotel room, what are the other optionals?
Stay at Old Edna's Suite Edna guesthouse or their new DeSolina House. It's out in wine country, beautiful, incredibly quiet and just a couple of minutes to town. The Suite Edna property ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in San Luis Obispo
Kelly Sans-C…, Real Estate Pro in San Luis Obispo, CA
Kelly Sans-Call Me! answered:
My husband and I have a current mortgage. Combined income is 170,000. can we qualify for condo for our son to live in during college?
Hello there.

Congratulation on your son attending college in SLO - I graduated from Cal Poly. I have lived in San Luis Obispo County for over 24 years and been a real estate agent ... more
0 votes Share Flag Fri Feb 15, 2013 Home Buying in San Luis Obispo
Robert Maria…, Real Estate Pro in San Luis Obispo, CA
Robert Mariani answered:
what are the hoa fees for los verdes park two, san luis obispo, ca?
$280.00 monthly, I manage a property there. My owner may be considering selling let me know if you are interested. I would be able to save you on commision.

Sincerely,
Robert Marian ... more
0 votes Share Flag Tue Jun 19, 2012 Home Buying in San Luis Obispo
Michael Byrd, Real Estate Pro in San Luis Obispo County...
Michael Byrd answered:
are prices going down?
To update my previous answer, most everyone agrees that all markets are local and we can all say with certainty what has happened to prices but not what will happen in the future. By wa ... more
0 votes Share Flag Wed May 9, 2012 Home Buying in 93401
Rob Spinosa, Real Estate Pro in Mill Valley, CA
Rob Spinosa answered:
I'm looking to rent a 1 or 2 bedroom home or apartment. I live alone and am single. Any suggestions on areas in SLO?
Makal,

You can buy the 2 bedroom/1 bath condo located at 2975 Rockview Place #20 in SLO for $183,500. This is a Fannie Mae Homepath property, which means your down payment requireme ... more
0 votes Share Flag Tue Apr 12, 2011 Home Buying in San Luis Obispo
Jane Faber, Real Estate Pro in San Luis Obispo, CA
Jane Faber answered:
411 Henderson House. What year was it built?
The tax records show that it was built in 1949.
0 votes Share Flag Tue Apr 12, 2011 Home Buying in San Luis Obispo
Traci Fergus…, Real Estate Pro in San Luis Obispo, CA
Traci Ferguson answered:
What is the going price per square ft. on condo properties in SLO? What % has the SLO condo market declined?
Hi Rose,
The answer is that the market has declined and this is a great time to buy. I own an investment property that was worth $435,000 at the peak of the market (2005)for a 3bed/2- ... more
1 vote Share Flag Tue Oct 26, 2010 Home Buying in San Luis Obispo
Jerissa Park…, Real Estate Pro in San Luis Obispo, CA
Jerissa Parkhurst answered:
List of foreclosures in San Luis Obispo
Hi Alina,

I see that you are up in the east bay. I am not sure how familiar you are with the San Luis area, but there are definitely different communities. Some have a lot of REO's a ... more
0 votes Share Flag Thu Aug 26, 2010 Foreclosure in San Luis Obispo
John Villaes…, Real Estate Pro in California
John Villaescusa answered:
Why can't I access foreclosure listings on Trulia?
You can search all available foreclosure on my website. Here is the link: http://www.mlsfinder.com/ca_socal/johnvillaescusa/?primarySearchType=foreclosure&searchType=city

John & ... more
0 votes Share Flag Fri Jul 16, 2010 Foreclosure in 93405
Wendy Langst…, Real Estate Pro in 93402
Wendy Langston answered:
What is the best way to go about doing a 1031 Exchange with my home in Paso for a home in SLO?
A 1031 is for investment property exchanges. In the current market conditions sell your home in Paso first. You will have 45 days after the close of escrow on the Paso Home to identify ... more
0 votes Share Flag Mon Sep 28, 2009 Home Buying in San Luis Obispo
Johnny Costa, Real Estate Pro in Pismo Beach, CA
Johnny Costa answered:
Can I sue my ex because he refused to sign to lower interest rate which caused me all sorts of problems?
Being that I am not licensed to practice law, I cannot answer your question.

However, it looks like you are just looking for a prelimary answer to see if you should pursue this furt ... more
0 votes Share Flag Tue Jul 7, 2009 Foreclosure in San Luis Obispo
Dominic, Real Estate Pro in San Luis Obispo, CA
Dominic answered:
How can I obtain a bank owned properties list without contacting a real estate agent?
I echo what the other answers say for obtaining information about getting foreclosure information. However, I do caution you to use discretion in using the sites. From my experiences I ... more
0 votes Share Flag Tue Jun 23, 2009 Foreclosure in San Luis Obispo
Ken Taylor, Real Estate Pro in Arroyo Grande, CA
Ken Taylor answered:
Am Interested in buying a 3-400K rental in 94301 area, which is better: Condo or House?
I assume you meant to say the 93401 area of San Luis Obispo. If that is the case your choice is simple as there are almost no houses for sale in that area between $300,000 and $400,000. ... more
0 votes Share Flag Tue Jun 16, 2009 Home Buying in San Luis Obispo
george strai…, Home Buyer in Harahan, LA
george straight answered:
What do you think of the new Laurel Creek Condo's on Broad & Orcutt. Would they be a good investment?
Obviously, they are brand new and we don't have many brand new complexes in SLO. Generally, new developments have been a good investment in the area, however, it depends on what you ar ... more
0 votes Share Flag Tue Apr 28, 2009 Home Buying in San Luis Obispo
Mary Lou Joh…, Real Estate Pro in San Luis Obispo, CA
Mary Lou Johnson answered:
Resale opportunity in 5 years: Atascadero or San Luis Obispo?
Buy in San Luis. There is a finite resource of housing here. I do not think that large developments will come on board within San luis Obispo for another 10 years. The climate is great, ... more
0 votes Share Flag Wed Apr 1, 2009 Home Buying in San Luis Obispo
Christine, Home Buyer in Pasadena, CA
Christine answered:
Anyone interested in helping find a rental in SLO for my daughter?
If she's a student, there are new dorms and a new development right next to the school. there are many many choices now. housing isn't as limited as it used to be. also check out cr ... more
0 votes Share Flag Sat Mar 7, 2009 Home Buying in San Luis Obispo
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