Home Buying in 95404 : Advice

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Scott Lawson, Real Estate Pro in Santa Rosa, CA
Scott Lawson answered:
My husband did a short sale in Dec 2010. Although this is not our fault our credit score is still below average. Can we buy again?
Hi Jessica,

There is no short answer to this question. You can certainly qualify for an FHA loan now--but you may also qualify for conventional (non government) financing as well dep ... more
0 votes Share Flag Tue Feb 25, 2014 Home Buying in 95404
carolacollier, Home Seller in Sonoma, CA
carolacollier answered:
Will the market in Santa Rosa, CA, open up?
Buy my beautiful home in Sonoma instead. 4bdrm. 3 ba. 3 car garage, nice street. nice neighbors. $835K. Carol: 707-996-1047
0 votes Share Flag Mon Dec 16, 2013 Home Buying in 95404
Mike Kelly &…, Real Estate Pro in Santa Rosa, CA
Mike Kelly & Allison Norman answered:
what does contingent on a short sale mean?
Courtney, Did you ALSO make a bid? Did your Realtor ask to be put in "back-up" position? The reason I say this is that "Short-Sales" in Sonoma County STILL take an average of 5 months ... more
0 votes Share Flag Mon Mar 18, 2013 Home Buying in 95404
Joyce Conner, Home Buyer in Westchester, IL
Joyce Conner answered:
what does contingent mean?
i put a contract on this property in june of 2012, have not got it yet and its a short sale ,how long do you think i should wait on this property.
0 votes Share Flag Sat Mar 16, 2013 Home Buying in 95404
Scott Lawson, Real Estate Pro in Santa Rosa, CA
Scott Lawson answered:
We have a house that is worth about $480 conservatively that we owe $360 on. We would like to buy a house on the market for $540K. Is it possible to?
Many of the posters clearly did not read the post. The house is not underwater--there is no short sale needed here. Are you planning on renting your current primary residence and moving ... more
0 votes Share Flag Wed Nov 28, 2012 Home Buying in 95404
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
So many of the more reasonably priced listings are up for "Auction" what does this mean for the average buyer?
Auctions are simply another marketing tool and you should be wary. Tpo begin with many are not absolute auctions in other words the Seller has the right not to accept the winning bid. S ... more
0 votes Share Flag Thu Jun 28, 2012 Home Buying in 95404
Mike Kelly &…, Real Estate Pro in Santa Rosa, CA
Mike Kelly & Allison Norman answered:
what does active o mean?
You need to be careful with the "Active" moniker. Here in the BAREIS system which encompasses 4 counties--the "Active" can also mean, "Continue to show" (C ... more
0 votes Share Flag Thu Nov 4, 2010 Home Buying in 95404
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