94597 : Advice

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Cal Darrow, Real Estate Pro in Walnut Creek, CA
Cal Darrow answered:
Is there any exception to the minimum age restriction at Rossmoor to allow a disabled adult child to live with a resident? Do HUD rules apply here?
Emma: Yes, there is an exception for such a situation.
Let me know how else i can help.
Cal Darrow
925/285-3256
0 votes Share Flag Sun May 20, 2012 Home Buying in 94595
Brenda Feria, Real Estate Pro in 23233
Brenda Feria answered:
Can anyone recommend a questionnaire that helps a buyer define and prioritize what they and partner want/need in home? These exist for NYC.
We say in real estate that people buy features, not houses. I had a client who bought a 4 car garage and a house. The house was secondary for him.

The best thing that you can do ... more
0 votes Share Flag Thu Aug 18, 2011 Home Buying in Walnut Creek
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
How much leverage do I have if asking is $599,000 and I'm paying cash?
What is your agent advising...in order to determine a fair offer review comps, recently sold similar properties in the immediate area; see what the data suggests and go from there. Do k ... more
0 votes Share Flag Mon Feb 13, 2012 Home Buying in Walnut Creek
Bob Georgiou, Real Estate Pro in Walnut Creek, CA
Bob Georgiou answered:
Sliding house - ballpark idea on what it would cost to rebuild?
Pam,

Contractors hard cost is between $80 to $120 per square foot before some additional underground work and permit add ons. $200 per square foot is probably reasonable.
0 votes Share Flag Sun Jun 12, 2011 Remodel & Renovate in Walnut Creek
Catherine My…, Real Estate Pro in Walnut Creek, CA
Catherine Myers answered:
Is the Roosmoor community exclusively for the elderly population? Is it possible to purchase a condo/home in those communities? Thanks
At least one resident does need to be 55 or over in Rossmoor.
0 votes Share Flag Sun Sep 25, 2011 Home Buying in Walnut Creek
Brian Rayl, Real Estate Pro in Frisco, TX
Brian Rayl answered:
Small Investment Properties - Condos or homes - where to find a agent/property that specializes or has expertise in this area?
Walter,

We have been doing exactly this in the Dallas, TX area for some time. Condos are certainly not the way to go. HOAs chew into your profit margin and do not appreciate nearly ... more
0 votes Share Flag Sun Sep 25, 2011 Home Buying in Walnut Creek
Steve Curtis, Real Estate Pro in Walnut Creek, CA
Steve Curtis answered:
Looking condo on Alma Ave.
There are currently 4 properties for sale on Alma in Walnut Creek. Two 1 bedroom units at 1315, priced at $195,000 and $223k+. Additionally there are two units available at 1800 Alma, ... more
0 votes Share Flag Mon Apr 18, 2011 Home Buying in Summit Ridge
Sam Benson, Real Estate Pro in Walnut Creek, CA
Sam Benson answered:
we are thinking to buy a 3-4 bedroom single family home in Walnut Creek/Pleasant Hill area, for investment. What is the rental market in these areas?
Hello, the rental market in both Pleasant Hill and Walnut Creek is good. The low side is $1800 for a 3 bedroom 1 bath in an older Pleasant Hill home to over $4,000 for a large executi ... more
0 votes Share Flag Sun Mar 20, 2011 Home Buying in Walnut Creek
Kamal Randha…, Real Estate Pro in California
Kamal Randhawa answered:
How can I find a mortgage broker or bank willing to finance condos in $50-$60k in contra costa county?
Hello Mike,

You should contact the condo board or have your realtor contact them for you to find out if there is any ongoing litigation. And for financing, I always suggest you star ... more
0 votes Share Flag Wed Mar 16, 2011 Financing in Walnut Creek
Brian LeBars, Real Estate Pro in Pleasanton, CA
Brian LeBars answered:
Hi, I have a CA broker's license & wonder could I obtain the commission on the sale of property for myself?
In CA yes. How did you obtain the brokers lic?
0 votes Share Flag Sun Feb 20, 2011 Home Buying in Walnut Creek
Johnny Huang, Real Estate Pro in Walnut Creek, CA
Johnny Huang answered:
Rent in California. We have a lease through Dec 2011.Received a notice of trustee sale. Do we have to pay next rent and to who? Deposit refun?
Looks like your landlord hasn't paid his mortgage. You have rights under federal law. I've attached a link for reference only, but you should seek legal advice.
0 votes Share Flag Sat Feb 5, 2011 Rental Basics in Walnut Creek
Linda S. Cef…, Real Estate Pro in Franklin, WI
Linda S. Cefalu answered:
Why is there a big gap between the property tax (tax assessed value) and listing price?
The home could be a foreclosure or a short sale. There are any number of reasons for this difference, but those would be top two.
0 votes Share Flag Sat Feb 5, 2011 Home Buying in Wild Oak
Sally Grenier, Real Estate Pro in Boulder, CO
Sally Grenier answered:
what are the most important questions that need to asked about the history or the house and its condition?
First of all, make sure you have a good Realtor working for you and looking out for your best interests. Homeowners are required to disclsose any known defects or issues (past or presen ... more
0 votes Share Flag Mon Jan 24, 2011 Home Buying in Walnut Creek
Brian Rochfo…, Real Estate Pro in Lafayette, CA
Brian Rochford answered:
We live outside the Chicago area and my husband has a very good job offer in SF. We have two teenagers and a few rescue dogs. We have a very nice
Hi Denise,
Have you toured the area already and that is how you focused your search down to the Northgate neighborhood? A lot of the homes that are currently on the market in Walnut Cr ... more
0 votes Share Flag Mon Aug 13, 2012 Home Buying in Northgate 2
Susan Kingsl…, Real Estate Pro in Walnut Creek, CA
Susan Kingsley answered:
On average, how long do homes stay on the market in Rossmoor in this economy?
Hi Ester,
I used to be a teacher and am happy to share information. I know there are so many questions in this process.

Of the 37 properties in Rossmoor that are currently pending, ... more
0 votes Share Flag Thu Nov 25, 2010 Market Conditions in Rossmoor
Charles Swank, Real Estate Pro in Pleasant Hill, CA
Charles Swank answered:
In terms of percentages: How much under the listing price do buyers usually offer the seller in Rossmoor?
It depends who the seller is. Each situation is different. It also depends on how close to market value the property is put up for sale at. A bank reo often operates under pretty set gu ... more
0 votes Share Flag Fri Jan 14, 2011 Market Conditions in Rossmoor
Johnny Huang, Real Estate Pro in Walnut Creek, CA
Johnny Huang answered:
How do we see the prices in next 3-5 years for 2 BA/BH condo's in 94597? For eg. a place for $190K would be worth how much in 2015?
It won't go as high as it did three years ago for certain but to predict values is harder these days due to economic and political factors locally and globally.

If you were to ... more
0 votes Share Flag Wed Nov 24, 2010 Home Buying in 94597
Terrylynn Fi…, Real Estate Pro in 94521
Terrylynn Fisher answered:
Are the demographics for the Waterford available on any web site?
I am relatively certain when taking a client on a tour of the Waterford, that they gave that information. Quickest way is to do that, either call and ask and/or go on a tour. They are ... more
0 votes Share Flag Sun Nov 21, 2010 Quality of Life in 94595
Karen Martin, Real Estate Pro in Walnut Creek, CA
Karen Martin answered:
Is winter a good season for selling a home in Rossmoor? Is there a "best" season?
Hello Ester,

Any time of the year is a good time to sell. People do move year round. One thing positive about selling in winter, is when buyers are coming to look at your home in the ... more
0 votes Share Flag Sun Nov 21, 2010 Home Selling in 94595
Bob Georgiou, Real Estate Pro in Walnut Creek, CA
Bob Georgiou answered:
How is the real estate market in Rossmoor doing? Are homes selling quickly?
Ester,

Rossmoor is unique in that the co-ops bend the market a bit. Since those homes require (for the most part) all cash offers the statistics drag and extend numbers in favor of t ... more
0 votes Share Flag Mon Jan 10, 2011 Market Conditions in 94595
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