Home Buying in San Mateo County : Advice

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Taj Weldon 2…, Real Estate Pro in Central Valley, CA
Taj Weldon 209-740-4176 answered:
Making an offer
Hi Joan,

Your REALTOR should advise you on each house that you are interested in.
There are definitely more buyers than there is inventory on the homes under 400k.Above 400k it gets ... more
0 votes Share Flag Fri Nov 9, 2012 Home Buying in San Mateo
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I was in the process of buying a home but problems came up and we had to cancel our contract. The appraisal was done and they are charging me for it.
Yes. You are responsible.

You ordered the work, the appraisal. The work was done. Your decision whether to buy--and your use or non-use of the appraisal--are immaterial.
0 votes Share Flag Wed Mar 13, 2013 Home Buying in 94015
Maria Gilda…, Real Estate Pro in 06040
Maria Gilda Racelis answered:
I do not have a very good credit score and I want to get out of renting would rent to own be more feasible than a traditional purchase?
My recommendation to you is to consult a loan officer to prepare yourself to trek the road to home ownership.

"Instead of looking at homes through the eyes of an economist, we†... more
0 votes Share Flag Thu Nov 8, 2012 Home Buying in South San Francisco
David Gowans, Real Estate Pro in San Carlos, CA
David Gowans answered:
I bought a new home. For my previous home, should I rent it out or sell it now?
Jessica. That's a call only you can make. I recommend having an agent CMA your house, look at recent comparable sales and determine a likely sale price for your home. From that informat ... more
0 votes Share Flag Wed Apr 24, 2013 Home Buying in San Mateo
Marcy Moyer, Real Estate Pro in Palo Alto, CA
Marcy Moyer answered:
buying after short sale
What is your question? You usually have to wait about 2 years but it varies, and with some banks the wait is shorter.
Marcy Moyer
DRE 01191194
Keller Williams Realty Palo Alto
0 votes Share Flag Tue May 7, 2013 Home Buying in 94061
Phil Chen, Real Estate Pro in Hillsborough, CA
Phil Chen answered:
What is the average cost in building a house from the ground up in Hillsborough, CA?
Hi,

I'd say on average you could use $400/ft as a benchmark for minimum Hillsborough quality work including demo, plans, permits with it going up for finer details and a custom owne ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in Hillsborough
Carole Fogel…, Real Estate Pro in South San Francisco,...
Carole Fogelstrom answered:
we're interested to look into a specific property at 2660 sean court. can you find out if it's for sale?
Sorry to tell you that this property has not been on the market since 2006 when it sold for $750,000. However, the link that shows up in your question is for a 2 bedroom condo for $285, ... more
0 votes Share Flag Thu Oct 11, 2012 Home Buying in South San Francisco
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
My home in CA has been in escrow since May 2012 for short sale. Chase finally accepted an offer of 455K (loss of 400K). Now the buyers want to reduce
"due to law change"; what law change?

The law, presently, excludes SHORTSALES from Deficiency Judgements;
So if you keep it LISTED as a Shortsale, you should not only be Okay, but ... more
0 votes Share Flag Mon Oct 8, 2012 Home Buying in 94015
Andrew T. La…, Real Estate Pro in San Francisco County,...
Andrew T. La Mont answered:
For the Millbrae real estate market in San Mateo county , what percentage of offers submitted are cash buyers for a listing price of 500,000?
There have been 4 sales of all cash, where list price was under 500k since 01/01/12. 2 were homes and 2 were condominiums, only two sold for under 500k, 1 home and 1 condo.. Feel free ... more
0 votes Share Flag Tue Oct 1, 2013 Home Buying in Millbrae
Sue Vaterlaus, Real Estate Pro in 94044
Sue Vaterlaus answered:
Hi, I am looking for a single family home. My middle credit score is 742. what do i do for my next step into renting to own my own place. Desperate
First thing that you should do is to talk to a mortgage broker or a mortgage banker. They will give you the maximum you qualify for in a purchase. Then you need to decide what you are c ... more
0 votes Share Flag Sat Dec 1, 2012 Home Buying in Pacifica
Laura Coffey, Real Estate Pro in 91355
Laura Coffey answered:
I'm wondering how hard it is to add a bathroom to a house, in terms of getting approval from city or county.
Go to your local building and safety and ask them your permit questions. I think its more the cost of adding a bathroom. A two bathroom house sells much better than a one.
0 votes Share Flag Tue Sep 25, 2012 Home Buying in San Mateo County
John Dutra, Real Estate Pro in Fremont, CA
John Dutra answered:
can i get a loan anywhere before 2 years of closing bankrupcy with good credit 17 mo out of bankrupcy have down pament loan under $150,000 10% down?
Chuck,

If it was a Chapter 13 Bankruptcy, then FHA will take a look at doing a loan for you 1 year after the pay out had begun with permission from the Trustee - or a year aft ... more
0 votes Share Flag Sun Nov 18, 2012 Home Buying in 94065
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I am on a 5/1 ARM and was planning to move to 30 year fixed. My broker is good and has helped me get a good rate. But after Fed's announcement to keep
Do the conversion and sleep better at night. The one thing you can depend on with the future is that you can't predict it.
0 votes Share Flag Tue Sep 25, 2012 Home Buying in Foster City
Glen Mitchell, Real Estate Pro in Half Moon Bay, CA
Glen Mitchell answered:
I do not understand why only the cost of the home is listed. What about the other costs, like rent on the land, etc.?
Phyllis, are you referring to leas hold properties? Most properties here are fee simple and there are no rents on the land. The only ones I can think of off hand are at Martins Beach. ... more
0 votes Share Flag Sun Sep 30, 2012 Home Buying in Half Moon Bay
Andrew T. La…, Real Estate Pro in San Francisco County,...
Andrew T. La Mont answered:
Downpayment % for Millbrae and offers?
For sales since 06/01/12 the average days on the market is 20. 7 out 11 have been over asking. There are 22 homes that are pending sale with 20 days on the market being the average. The ... more
0 votes Share Flag Mon Nov 12, 2012 Home Buying in Millbrae
Glen Mitchell, Real Estate Pro in Half Moon Bay, CA
Glen Mitchell answered:
What documents can I request from a rental property owner in order to verify their listing?
Not sure I follow you. Are you trying to verify that they own the house? There are a lot of scams out there for people that say send them the money and they will send you the keys. D ... more
0 votes Share Flag Thu Sep 6, 2012 Home Buying in Menlo Park
Kate Stevens…, Real Estate Pro in Redwood City, CA
Kate Stevenson answered:
Which elementry and middle schools is covered under the one marina homes area? How is the crime rate at this place? Is it safe for family living?
I think it is Clifford Elementary but you can check the exact property address on the Redwood City School District site: http://www.rcsd.k12.ca.us/site/Default.aspx?PageID=231#

Clif ... more
0 votes Share Flag Wed Sep 5, 2012 Home Buying in Redwood City
Michael Chal…, Real Estate Pro in San Mateo County, CA
Michael Chalhoub answered:
Does the debt/mortgage payment of my income property count against me if the income from it is greater than the mortgage/prop tax expense?
Hello, the debt/payment of the investment property is counted agaist you you when applying for a new loan. However, if you have owned the property for over 2 yrs, and have reported it a ... more
0 votes Share Flag Thu Dec 6, 2012 Home Buying in San Mateo
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Trying to get a loan, need help answering a few questions...
I have agood contact up there:
Dominic Silvestri
925-260-4894
Many years experience and Integrity too.
I wish I could help you further.

Good luck and may God bless
0 votes Share Flag Tue Aug 21, 2012 Home Buying in San Mateo County
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