Home Buying in Pinole : Questions & Answers

change location

cancel or

Q&A

17
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
what are the chances of the bank or home owner to pay for closeing cost with a FHA LOAN??
Old question, but still very current.
Although the home owner (seller) may not want to assist with closing costs on a transaction...especially in today's market in Contra Costa County. ... more
0 votes Share Flag Thu Dec 11, 2014 Foreclosure in Pinole
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
We bought a home in the FRENZY of2005.Were underwater by2008 and sought help through many sources...HELP was either too little,too late or
Zero down programs are available with a minimum 660 fico score with CHDAP or minimum 620 fico score with USDA Rural. It only takes a few dozen questions to qualify you in minutes for th ... more
0 votes Share Flag Sun Mar 17, 2013 Home Buying in Pinole
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
Question Regarding PMI
Update:

As mentioned below, currently MI expires in five years and when loan to value drops to 78%

Effective June 3, 2013 MI Will No Longer Expire!

http://portal.hud.gov/hudpor ... more
0 votes Share Flag Sun Mar 3, 2013 Home Buying in 94564
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
I've read a lot of negative things on Short Sales, do they always end up bad. Not really sure how they work.
They do not always end up bad. There is no guarantee whether they will go through or not. If the seller has a true hardship and there is one loan you have a good chance of the short s ... more
0 votes Share Flag Sun Mar 3, 2013 Home Buying in 94564
Russ Ravary, Real Estate Pro in Commerce Township, MI
Russ Ravary answered:
I have horrible credit . I earn 85K and hope to buy a home. Renting a 3 bedroom is outrageous. Would a private lender be the route to take?
A private lender is only going to be very expensive because they are going to want a sizeable down payment and higher than market interest rate. Best to fix and rebuild your credit whi ... more
0 votes Share Flag Sun Mar 3, 2013 Home Buying in Pinole
Mark D Fleys…, Real Estate Pro in Las Vegas, NV
Mark D Fleysher, MBA answered:
How do you value a home without recent comps?
Agreed, interview multiple Realtors and work with a Knowledgeable and Skilled Buyer's Agent.
0 votes Share Flag Tue Jan 1, 2013 Investment Properties in Pinole
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
I have a middle score of 606 and a yearly income of 80,000. Can I qualify for an FHA loan?
Hello Butler, Yes, you may qualify for FHA CHF Access half percent down payment program with a minimum 580 fico score which can also contribute towards your closing costs as well if you ... more
0 votes Share Flag Fri Nov 16, 2012 Home Buying in 94564
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
For FHA loans do credit scores matter if your not the primary buyer, my wife has excellent credit i do not.
You can qualify FHA with fico between 500-579 with 10% down. If you have a minimum 580 fico score, you may qualify for CHF Access half percent down payment program. I specialize in Unde ... more
0 votes Share Flag Mon Oct 22, 2012 Home Buying in 94564
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
First time buyer, I'm thinking of buying a condo in Pinole or maybe a cheap house.
Hello Hazel, do you have your down payment and closing cost saved? I offer CHF Accss half percent down payment program with a minimum 580 fico score to qualify. This can also contribute ... more
0 votes Share Flag Mon Oct 22, 2012 Home Buying in Pinole
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
I've been with the same agent for a year. shouldn't I have found a place by now? should I get a new agent?
You are:

(1) Searching for a home in a market with VERY limited inventory in your price range
(2) Intense competition from investors with cash
(3) Multiple offers on almost prope ... more
0 votes Share Flag Mon Aug 6, 2012 Home Buying in Pinole
Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
Approximate closing costs and taxes in Pinole?
Richard,

Your closing costs would be very minimal because you buy the property cash. (no broker fees, no lender fees, no processing, no lender insurance policy, no appraisal, etc...) ... more
0 votes Share Flag Tue Mar 29, 2011 Home Buying in Pinole
Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
My wife and i have been pre approved through a broker for an FHA loan for 350000 at 5.75%, I heard it is better if you shop around for a better loan,
Gregorio, I was just referring to what you mentioned a couple of emails ago;

"If I charged a 1% origination fee that would still leave $11,500 credit for closing costs."
0 votes Share Flag Tue Mar 29, 2011 Home Buying in Pinole
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I have a question about the short sale process
cbg,

Extended amounts of time, questionable information, and frustration are common elements in a "short sale" experience. It is the exception when things happen otherwise. ... more
0 votes Share Flag Sat Mar 5, 2011 Home Buying in Pinole
Jeff Kim, Real Estate Pro in Hercules, CA
Jeff Kim answered:
I would like to buy a house in scanlan way in pinole ca which is infront of the railroad.How does it effect the selling price of the house?
The previous answer is correct regarding market condition of the home for future sale. However, if the home is newer most have dual pane windows installed which can minimize the sound o ... more
0 votes Share Flag Thu Nov 18, 2010 Home Buying in 94564
Bob Georgiou, Real Estate Pro in Walnut Creek, CA
Bob Georgiou answered:
Anyone know what properties were/are being auctioned at Martinez Court House (California) today? How do I find out what is on the slate for the next?
Househunting,

There are seveal good internet sites, forelcosure radar and fideltiy has a good one was well. These are not comprehensive lists and if you want the most complete ifnorm ... more
0 votes Share Flag Mon Nov 15, 2010 Home Buying in Pinole
Jennifer Sei…, Real Estate Pro in Walnut Creek, CA
Jennifer Seidelman answered:
so i see the foreclosure bargains for homes they have prices like example: $48,000 -* so whats the catch with the houses being so cheap????
I agree with the other agents that many times the prices you see are not from reliable sources and/or they are opening bid prices for auctions which are not typically the amount the ban ... more
0 votes Share Flag Sun Feb 28, 2010 Foreclosure in Pinole
Jennifer Sei…, Real Estate Pro in Walnut Creek, CA
Jennifer Seidelman answered:
SO HOW DOES IT WORK AND CAN YOU BUY THESE HOUSES WITH A FHA LOAN???
The biggest limiting factor with an FHA loan is typically the condition of the property. As @Pacita has stated there is a loan called an FHA 203k loan which helps out with homes that a ... more
0 votes Share Flag Sun Feb 28, 2010 Foreclosure in Pinole
Search Advice

Followers

320
Email me when…

Learn more

Home > Q&A > California > Contra Costa County > Pinole > Home Buying in Pinole
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer