Home Buying in Walnut Creek : Real Estate Advice

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Mike Sears, Real Estate Pro in Livermore, CA
Mike Sears answered:
is it advisable to rent for a year then buy a home next year or is it better to rent for a few months while looking for a house and then buy it?
Shamila,

When talking about paying rent vs. paying a mortgage it is always more advantageous for you to pay for something you are going to own.

If you are paying rent your just h ... more
0 votes Share Flag Yesterday at 3:16pm Home Buying in Walnut Creek
Richard Litt…, Real Estate Pro in Fountain Valley, CA
Richard Littlefield answered:
1031 Exchange Question - relating to multiple owners
Yes you may, but do it correctly or the government will be showing up in a year wanting back taxes and penalties. I have seen people really get killed on this. There are companies that ... more
1 vote Share Flag Thu Mar 17, 2016 Investment Properties in 94596
Johnlabarge, Home Buyer in Walnut Creek, CA
Johnlabarge answered:
walnut creek, ca vs Lafayette, ca: quality of life; school districts; cost of living; commute to Alameda
We are renting an older home in Lafayette, and while the schools are really really good, the house we are renting is old and expensive. And because the house is so old, the insulation ... more
0 votes Share Flag Sun Jan 10, 2016 Home Buying in Walnut Creek
Terry Bell, Real Estate Pro in Santa Rosa, CA
Terry Bell answered:
I need a simple California purchase contract for a mother and father who are selling their house to their son (with no Realtor involved.)
It is always best to consult with your tax attorney and a real estate attorney if you are not using the services of a realtor. There are no "simple" contracts, especially with family:) ... more
0 votes Share Flag Sat Aug 22, 2015 Home Buying in Walnut Creek
Mariah Bradf…, Real Estate Pro in Walnut Creek, CA
Mariah Bradford answered:
Agent issuing us a 1099 for split commission that won't go into Closing costs because Lender Bank won't allow it.
This is most appropriately a question for your CPA. However, in my experience it is true that the lender will only allow credits for closing costs. Therefore, if the Realtor gives you ... more
0 votes Share Flag Mon Jul 13, 2015 Home Buying in 94598
Alex Greer, Real Estate Pro in San Jose, CA
Alex Greer answered:
TO: Meridith Zomalt Empire Realty W.C. CA Are the financial requirements exactly the same for condo purchases in Rossmore as they are for co-ops?
No. Co-Ops are completely different and need different financing.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Gr ... more
0 votes Share Flag Mon Jul 6, 2015 Home Buying in Rossmoor
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Occupying my mother's co-op in Rossmoor, Walnut Creek that is in a trust
You are posing legal questions to a bunch of Realtors. Who ae they 'they' you refer to in your question? If 'they' are attorneys, then I would follow thei advice.
0 votes Share Flag Sun Jul 5, 2015 Home Buying in Rossmoor
Dclandry, Renter in Lafayette, LA
Dclandry answered:
How can I change the search area?
Hi Joy,

Log in and got to you profile (upper right)

select e-mail preferences
select e-mail alerts
select saved searches

You can edit from here. If you are looking to buy, y ... more
0 votes Share Flag Sat May 30, 2015 Home Buying in Rossmoor
Tom E. Chance, Real Estate Pro in Livermore, CA
Tom E. Chance answered:
i am interested in forclosed property in walnut creek. do you have more info for the property on ones rd #7?
Hi Inna,

I was able to find a property on Jones Rd that I believe is the property you are inquiring about. This property is currently in the pre-foreclosure process with the bank and ... more
0 votes Share Flag Wed Feb 11, 2015 Home Buying in Oak Road
Claudia Mull…, Real Estate Pro in
Claudia Muller Gravelle answered:
Renting from Family - Preventing Jumbo Home Loan Approval?
My suggestion would be to change the application to no rent for the past 12 months as you have been living with family to save money.
This would negate the need for rent history.
0 votes Share Flag Wed Feb 11, 2015 Home Buying in Walnut Creek
Randy Stoker, Real Estate Pro in Roseville, CA
Randy Stoker answered:
Are you accepting offers for this property?
Please provide an address so I can respond, thanks!
0 votes Share Flag Thu Feb 5, 2015 Foreclosure in Northgate 1
Bill, Home Buyer in Los Angeles, CA
Bill answered:
80-15-5 mortgage in California
Are there any 80-15-5 programs available in CA with a purchase price in the $700-$800k range?
0 votes Share Flag Mon Jan 26, 2015 Home Buying in Walnut Creek
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
What is the definition of a "bedroom" in Contra Costa County?
A bedroom is one with a closet...I have seen agents and sellers manipulate this term, and a call something a bedroom when it really isn't.
0 votes Share Flag Sun Jan 25, 2015 Home Buying in Diablo Hills
Becky Johnson…, Real Estate Pro in Canton, MI
Becky Johnson, ABR, e-Pro, CNE answered:
I just bought a house. Due to privacy concerns, how do I go about getting the photos of the house removed from your website?
I Agreed with Anna. BUT The pics start on are MLS and are sent over to TONS of websites. Getting them removed from here is just step 1. Most listing agents wouldn't remove from all beca ... more
1 vote Share Flag Tue Dec 23, 2014 Home Buying in 94596
Mary Beth Ma…, Real Estate Pro in Orinda, CA
Mary Beth MacLennan answered:
Does the HOA cover your property taxes if you purchase a Co-op in Rossmoor?
To add a little more clarification, when you purchase a co-op in Rossmoor, your monthly payments will consist of your HOA dues PLUS 1/12th of the annual property taxes due on the proper ... more
0 votes Share Flag Fri Nov 21, 2014 Home Buying in Rossmoor
Jason Wheeler, Real Estate Pro in Pleasant Hill, CA
Jason Wheeler answered:
What are the HOA dues and annual property taxes?
HOA dues cover garbage, maintenance and landscaping among other things that the homeowners and the board determine needs attention. This is determined by the HOA board and is different ... more
1 vote Share Flag Sun Sep 21, 2014 Foreclosure in Rossmoor
Kevin Chapin, Real Estate Pro in Pittsburg, CA
Kevin Chapin answered:
What is the average rent on apts. in 94597 area code, and does it make more sense to rent at this rate (financially) or to buy a home in AZ for $200k?
Hello Elizabeth. IT DEPENDS. There are a lot of variables involved that are not in question. How large of a place are you looking to rent? Why are you considering renting in Walnut ... more
0 votes Share Flag Thu Sep 18, 2014 Home Buying in 94597
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