Home Buying in Palo Alto : Questions & Answers

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Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
How do I know if a rental listing is real? The price is too good to be true and the responses from the contact are a little suspicious.
You are right to have that nagging feeling in your head. If something is too goo to be true, it's probably not true. I would move on and not spend any more time on it.

Best of luck S ... more
1 vote Share Flag Sat Dec 27, 2014 Home Buying in Palo Alto
Sam Shueh, Real Estate Pro in San Jose, CA
Sam Shueh answered:
My husband just found out that he is being transferred from Google office in New York to head quarters. We have been looking at homes on MLS online
EPA is not what you were familiar with. Some neighborhood homes are asking over your budget due to close proximity to job centers.

Before you get confused and worry about this and ... more
0 votes Share Flag Thu Nov 6, 2014 Home Buying in 94306
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I purchased a house "AS-IS" nothing stated about appliances included or not included. Seller removed some appliances and ceiling fans. Is this?
It will depend what it states in your purchase agreement. Hopefully you included appliances, ceiling fans or fixtures (meaning anything attached) to your contract. The stove and dishwas ... more
0 votes Share Flag Mon Oct 27, 2014 Home Buying in Palo Alto
Brett Cavine…, Real Estate Pro in Menlo Park, CA
Brett Caviness answered:
Are PA home prices going to stabilize in 2014?
we have seen prices in the area stabilize a bit as we head into the final quarter of the year. however, prices have continued to climb
0 votes Share Flag Sun Oct 26, 2014 Home Buying in 94306
Brett Cavine…, Real Estate Pro in Menlo Park, CA
Brett Caviness answered:
Is Bay Area housing too bloated to appreciate further ?
it would be great if we had a crystal ball to tell us. We can look at the facts and numbers historically speaking. Even with the housing crises that occurred several years ago, the hi ... more
0 votes Share Flag Sun Oct 26, 2014 Home Buying in Palo Alto
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
How significant is a mold issue in a home inspection?
Mold should always be taken seriously. There has to be a reason for it and the reasons are not usually very positive news. First you need for find the cause of the mold. Could be as sim ... more
0 votes Share Flag Wed Oct 15, 2014 Home Buying in Palo Alto
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
I am planning to deconstruct an existing home and construct a new approx 2200 square feet home with decent features a 2 car garage in palo alto.
To deconstruct and haul away, about $25K.

To construct about $250-$350 per square foot.

The total time will be based on do you have approved plans, or an architect.

Generally 9 ... more
0 votes Share Flag Thu Oct 2, 2014 Home Buying in Palo Alto
John Souerbry, Real Estate Pro in Palo Alto, CA
John Souerbry answered:
If you make an offer on a property, can you withdraw your offer within 3 days without forfeiting the deposit (3% check)?
In almost every instance, yes. Your contract should include several "out" clauses that you can use to cancel and get your deposit back. The most common usually relate to problems foun ... more
0 votes Share Flag Mon May 26, 2014 Home Buying in Palo Alto
John Souerbry, Real Estate Pro in Palo Alto, CA
John Souerbry answered:
3724 Feather Ln, Palo Alto - affected site of PCE dumping / chemical plume?
At the end of 2012 I sold a land parcel in Palo Alto (Barron Park, a few miles from Fabian Way) that had been an orchard for almost 100 years. A licensed engineer was hired to conduct ... more
0 votes Share Flag Wed May 21, 2014 Home Buying in Palo Alto
Paul Levine, Home Owner in Palo Alto, CA
Paul Levine answered:
WWYD...Cresent Park or Community Center almost tear down house or Barron Park new house?
Hi - my wife and I live on Waverley St, very close to Community Center and Crescent Park. Our kids go to Addison Elementary. We've found it to be a great school and a wonderful commun ... more
0 votes Share Flag Sun May 18, 2014 Home Buying in Palo Alto
Monique &…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
Our real agent deceived us
What a mess. That really isn't fair. I think it's time you took this up with the agents office and hired an attorney and send them a letter requesting the money. The money the agent was ... more
2 votes Share Flag Thu May 15, 2014 Home Buying in Old Palo Alto
Erica, Real Estate Pro in San Jose, CA
Erica answered:
3253 Ramona - why has it not sold quickly? I know people that looked at it and decided not to make an offer (but didn't share the reason).
It's my understanding they received many offers and sold for $1m over asking at $2.9M. I believe the offers were very strong!
0 votes Share Flag Wed May 7, 2014 Home Buying in Palo Alto
Erica, Real Estate Pro in San Jose, CA
Erica answered:
In CA, is it required for the "For Sale" sign to stand in the middle of our front yard with the "pending" sign on it for the entire 60 day escrow?
You can ask the agent to remove it. It is OK. It is already sold! You are the client, it is you that should be happy.
:-)
Erica
0 votes Share Flag Mon Apr 7, 2014 Home Buying in Palo Alto
Erica, Real Estate Pro in San Jose, CA
Erica answered:
Can I become a homebuyer even if I have I've had bad credit, and don't have much for a down-payment?
You may want to explore seller-back financing opportunities. If you do have a monthly cash flow that exceeds the mortgage requirement by a good %, you can usually look good to a seller ... more
0 votes Share Flag Mon Apr 7, 2014 Home Buying in Palo Alto
Bryan Sweeley, Real Estate Pro in Los Altos, CA
Bryan Sweeley answered:
Planning to buy a condo in Rickey's Way. Need suggestions on appreciation of these condos and location. Is it considered good HOA?
Prices for Condos and Townhomes in Palo Alto have appreciated on average 6.6% per year over the past 17 years. I expect appreciation rates to be in the 6-8% range over the next couple o ... more
0 votes Share Flag Sun Mar 23, 2014 Home Buying in 94306
Juliana Lee,…, Real Estate Pro in Palo Alto, CA
Juliana Lee,MBA answered:
780 Palo Alto Ave on the creek--does this make it more flood prone, especially in an earthquake? Is that why it hasn't sold?
I don't believe the flood hazard at 780 Palo Alto Ave is what would worry buyers the most. Much of the damage from the flood of 98 was caused by the narrow channel at the Newell bridge ... more
1 vote Share Flag Tue Mar 4, 2014 Home Buying in Palo Alto
Patrick, Home Buyer in Palo Alto, CA
Patrick answered:
Past home buyers: What are the most important factors to consider in selecting an agent for buying a house in Palo Alto?
This may be a moot point since the question was asked last year. But my two cents... At the end of the day, there are two buckets of factors in selecting an agent in my experience. Fi ... more
0 votes Share Flag Sat Mar 1, 2014 Home Buying in Palo Alto
taipeiracer, Home Owner in Palo Alto, CA
taipeiracer answered:
We are looking for a home in the 1.5 m price range. 3 br 2 bath, decent commute to Google, great schools, family neighborhood /area. Help please :)
I am not a realtor, but I've been through the process a few times, and I live in Palo Alto. The first thing I will tell you is that, if you wish to have any chance at success here, you ... more
0 votes Share Flag Wed Dec 11, 2013 Home Buying in Palo Alto
Pqs0103, Home Buyer in Palo Alto, CA
Pqs0103 asked:
Why the house on 751 coastland does not sell fast? The house looks good. problems with the neibourhood or the house itself? It's like 100k less than a similar house on the same street.
0 votes Share Flag Sun Dec 1, 2013 Home Buying in Palo Alto
Juliana Lee,…, Real Estate Pro in Palo Alto, CA
Juliana Lee,MBA answered:
Price of 424 Homer Ave, Palo Alto?
Often a homeowner wants to "test the waters" and will not listen to the advice given to them. Perhaps they were in no hurry to sell but thought there might be one buyer who the house is ... more
0 votes Share Flag Wed Nov 20, 2013 Home Buying in Palo Alto
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