Home Buying in 94566 : Questions & Answers

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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
realtor showed me a home, would only write contrct if I get a pre approv letter. Have a prequal letter but wont use it. Can I use another realtor?
Hello chazhas3, I am afraid that any Agent/Realtor is going to have to include the pre-approval letter with the offer to be considered. You can use whom ever you want but they are ALL g ... more
0 votes Share Flag Fri Mar 27, 2015 Home Buying in 94566
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
My underwriter is asking for a paper trail of a specific deposit. I blacked out the unrelated transactions. They want to see all - is that legal?
Hello Matt, yes they are trying to clarify something so when you have blacked out things or left out a page that raises a red flag to underwriters too. Hope it all worked out or let me ... more
0 votes Share Flag Fri Mar 27, 2015 Home Buying in 94566
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
I am a first time home buyer looking for a fixer-upper condo/house near DT Pleasanton. Are there options out there for 300K or less?
There are many fixer uppers hitting the market but thank God very few foreclosures and bank owned coming in.
0 votes Share Flag Wed Jan 21, 2015 Home Buying in 94566
Bryan Horn, Real Estate Pro in 92101
Bryan Horn answered:
How much will it cost to add a secondary story to a 1200 sq house in zip code 94566. The house was built in 1969.
Based on the 150k answer below and assuming u owe about 200k. I could offer u a 350k loan to do your addition.
Rates are in the mid 4's

Call or email me for any questions Bryan.ho ... more
0 votes Share Flag Tue Nov 25, 2014 Home Buying in 94566
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
I am wondering about rent to own? What is the exact details and how can I find a house listing and if I would need an agent.?
Rent to own is not a common option available these days, especially in a sellers market. There are certain risk involved for a buyer.
0 votes Share Flag Tue Nov 25, 2014 Home Buying in 94566
Bryan Horn, Real Estate Pro in 92101
Bryan Horn answered:
How can I qualify to buy a $950K home on a $330K income but w/ only 3% downpayment? 720 credit, not much debt, short sale on former home 1.5 yrs ago.
If you are a Veteran with VA eligibility I can do the loan in 6 months.
0 votes Share Flag Tue Nov 25, 2014 Home Buying in 94566
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
Real estate buyers realtor representation legal/obligation question
Ethically, you should contact the old agent and have them write an offer. Agents do not work on a salary and a good agent goes out of his/her way to help a client find a home. An agent' ... more
0 votes Share Flag Thu Nov 13, 2014 Home Buying in 94566
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
There is a plot of land that has interested me in East bay. My Q is, can I construct a a home on it, and what permits and costs should I consider?
You need to check the county records to determine the exact zoning and what kind of construction you can do. For example, if a land is 1 acre and if it is zoned agriculture then city ma ... more
0 votes Share Flag Thu Nov 13, 2014 Home Buying in 94566
Ali Qureshi, Real Estate Pro in Dublin, CA
Ali Qureshi answered:
Am I legally obligated to one realtor that showed me a house (no offer made) and then I later decided to make an offer thru another realtor?
If you have not signed an exclusive representation agreement then you're legally not bound to use that agent. However, there is an element of procuring cause involved. It was the realto ... more
0 votes Share Flag Sun Dec 8, 2013 Home Buying in 94566
Doug Buenz, Real Estate Pro in Pleasanton, CA
Doug Buenz answered:
Dual-agency preferred for Pleasanton home buyers?
In my opinion there is no benefit to the buyer by using the seller's agent. It is unwise to make long term decisions based on a few thousand dollars, especially when making decisions i ... more
1 vote Share Flag Wed May 29, 2013 Home Buying in 94566
Sally Blaze, Real Estate Pro in 94550
Sally Blaze answered:
FOR SALE RESALE $165,0003263 Vineyard Avenue #16, Pleasanton CA 94566 What is the HOA fee?
Sue:
Thank you for the question. Jo and Carla Hunter have the listing on the unit you ask about. The HOA is $935 per month, per their MLS information and one of the residents must be ... more
0 votes Share Flag Fri Dec 28, 2012 Home Buying in 94566
Anna Campbell, Real Estate Pro in Pleasanton, CA
Anna Campbell answered:
Will I loose my deposit if I am received natural hazard report which contains some info that I didn't like for eg: Liquefaction/Hazardous Subs?
Hello Kaplan123,

Please ask your Realtor to sit down with you and go over what your contingency time periods are, when they started and how much more time you have.

Your Realtor i ... more
0 votes Share Flag Mon Feb 13, 2012 Home Buying in 94566
Joanna Jensen, Real Estate Pro in 94566
Joanna Jensen answered:
short sale sent to senior management - what does this mean?
Hi Buyer,

buying a short sale can be stressful.

There are a lot of things to consider. Who is the lender your dealing with?
what was the offer you submitted?
what is the curre ... more
0 votes Share Flag Sat May 7, 2011 Home Buying in 94566
Anna Campbell, Real Estate Pro in Pleasanton, CA
Anna Campbell answered:
Del Prado
Hi Hollie,

I live in Del Prado and love the vast opportunities that surround this community. We can walk to the Alameda Fairgrounds, Starbucks Coffee, and three completely different ... more
0 votes Share Flag Sun Mar 13, 2011 Home Buying in 94566
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
Is buying home with confirmed Hazardous Substance Releases within one mile OK?
Kaplan123:

I assume you are talking about sites identified on the National Priorities List Hazardous Waste Sites directory as identified by a JCP Natural Hazards Report. They are som ... more
0 votes Share Flag Mon Nov 22, 2010 Home Buying in 94566
Tracy Parker…, Real Estate Pro in Danville, CA
Tracy Parker | Listing Agent answered:
Ruby hills in pleasanton - is it a good area to bring up small kids?
This question is from November, but it is a question I get a lot. Ruby Hills is a very desirable gated community in Pleasanton- having said this, upon closer inspection or a quick drive ... more
0 votes Share Flag Mon Nov 8, 2010 Home Buying in 94566
Joanna Jensen, Real Estate Pro in 94566
Joanna Jensen answered:
The appraised value came lower than purchase price by 15K? What will be the right thing to do in pleasanton area?
Hi All,

It is important to know that the appraisal does not necessarily reflect the true value of the home...

My husband is a Loan Officer very recently doing a loan for clients i ... more
0 votes Share Flag Sat Sep 25, 2010 Home Buying in 94566
LUXURY HOME…, Real Estate Pro in El Segundo, CA
LUXURY HOME LOANS CA answered:
Please give your opinion
I think if the COLD & FOG doesn't effect housing prices, how could a little road noise? #:>) ... Beautiful area though. My kids moved there, Chris worked for Khakis Mens Sto ... more
0 votes Share Flag Sun Aug 22, 2010 Home Buying in 94566
Sylvia Barry,…, Real Estate Pro in Novato, CA
Sylvia Barry, MAS, CIPS, SRES answered:
What's your opinion?
All sounds great and I understand and applaud affordable housing for local workforce - My father was a professor in a public university in Taiwan, very respected but he did not make muc ... more
0 votes Share Flag Thu Jul 29, 2010 Home Buying in 94566
Joanna Jensen, Real Estate Pro in 94566
Joanna Jensen answered:
Condo in Pleasanton, good as investment property?
Hi JoJo,

Hey, if you are a real estate investor I hope you are claiming the Real Estate Professional Status.

Some CPA dont know about that tool. If you are in alternative minim ... more
0 votes Share Flag Tue Sep 1, 2009 Home Buying in 94566
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