94533 : Questions & Answers

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mike.spangler, Home Buyer in Fairfield, CA
mike.spangler asked:
This real estate up cycle is similar to the last up cycle in that it started in Silicon Valley/SF, but the jobs economy outside of tech is not the same; there is no breadth. What we do have that we did not have last cycle is cash buyers from China buying property. How long can we expect property values to climb in Solano County without…
0 votes Share Flag Sat Jul 19, 2014 Market Conditions in 94533
Jill Murty, Real Estate Pro in Mission Viejo, CA
Jill Murty answered:
How much would you charge a potential tenant for a credit check if the fee for running their credit is $29.95?
I'd charge cost for the credit check.

For pets, I'd add $500.00 per pet to the total deposit.
0 votes Share Flag Fri Mar 7, 2014 Agent2Agent in 94533
Hank Wilson, Real Estate Pro in Bowling Green, KY
Hank Wilson answered:
I'm wanting help with selling my house. I know there is no "crystal ball" advice when it comes to predicting when prices will go back up.
Every market is different. Your local market may be positively or negatively affected by economic factors like a factory opening or closing etc... The only crystal ball would be knowing ... more
0 votes Share Flag Thu Mar 6, 2014 In My Neighborhood in 94533
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
Any lenders doing 5% down on Jumbo loans? Like $25K down on a $485K home. 800 scores...
It would be difficult to find a jumbo loan with less than 10%. A loan of 10% will likely be the lowest jumbo loan you can find offered by most lenders including myself. If you have at l ... more
0 votes Share Flag Wed Mar 5, 2014 Home Buying in 94533
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
When looking at comps and a property is built in the mid 2000s and the area around is in the 1950s and 1960s, how do you adjust for comps if....?
well Sameer - hope by now, 9 months later, you have figured it out................
0 votes Share Flag Wed Jan 22, 2014 Agent2Agent in 94533
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
How do you pre-screen leads off Trulia?
I set up an initial consultation in my office. If they are serious they will take the time to come to the office.

Chris
0 votes Share Flag Fri Jan 17, 2014 Agent2Agent in 94533
Steve Parsons, Real Estate Pro in Salisbury, MD
Steve Parsons answered:
Anyone know the status of this property? MLS ID 13023070
According to Realtor.com, the property is listed as pending 3rd party approval. This means if the bank approves the buyer, the property will be sold.
0 votes Share Flag Mon May 13, 2013 Home Buying in 94533
Kathryn Hirsh, Real Estate Pro in 91302
Kathryn Hirsh answered:
Does a buyer have any options when a home is priced too high and square footage is off?
In my area we not only list the square footage, but the source of the number. If it is provided by the owner it may not as reliable as if it is from the county assessor office.

If ... more
0 votes Share Flag Wed Apr 3, 2013 Home Buying in 94533
Lowell Sterl…, Real Estate Pro in Plano, TX
Lowell Sterling answered:
Interested in purchasing 3rd home.
Yes you can pull equity from your home, keeping in mind that that home would be classified as investment property and would be subjected to those guidelines, It would look more favorabl ... more
0 votes Share Flag Mon Apr 1, 2013 Home Buying in 94533
Sameer Punja…, Real Estate Pro in Fairfield, CA
Sameer Punjani answered:
rentals in Fairfield CA
What's your question regarding rentals?
0 votes Share Flag Sun Feb 3, 2013 Rentals in 94533
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
how & when should a real estate agent pre-qualify a prospective home buyer? Why?
Now a days, you must have an NMLS license to quote rates and terms of pre-approval process. Most Real Estate Agents don't pre-qualify their clients, they use a NMLS licensed Loan Office ... more
0 votes Share Flag Sat Oct 20, 2012 Home Buying in 94533
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
As a seller, can I insist on seeing a prequalification letter before I counter their offer or before I sign the final offer?
Yes, absolutely. Your agent should be asking for them and providing them with the offers.

http://www.Under640FicoScoreLoans.com
http://www.FrankandSheryl.com

http://www.under640 ... more
0 votes Share Flag Sat Oct 20, 2012 Home Buying in 94533
Bob Lowry, Other/Just Looking in Moraga, CA
Bob Lowry answered:
Getting Frustrated on Buy Side, want to Focus on Short Sales Only or Quit?
Being in the business for over 20 years, it's just another dip in the roller coaster of this business. Having said that I am selling in the same area as Sameer, I do understand his fru ... more
0 votes Share Flag Wed Oct 10, 2012 Agent2Agent in 94533
Sameer Punja…, Real Estate Pro in Fairfield, CA
Sameer Punjani asked:
Any Bay Area REALTORS attending CAR - Expo in San Jose? If so, what hotel deals are you guys getting? Also, will you attend the PRE? There are some great speakers, but not sure if its worth the extra $85 to get in the day before?
0 votes Share Flag Sun Sep 11, 2011 Agent2Agent in 94533
John DL Aren…, Real Estate Pro in Encinitas, CA
John DL Arendsen answered:
How does one report a scam posted on this site?
Email "Emily Gibson" <emily@trulia.com>. She'll get it handled. What's the scam?
0 votes Share Flag Sat Aug 27, 2011 Using Trulia in 94533
John DL Aren…, Real Estate Pro in Encinitas, CA
John DL Arendsen answered:
Quantum Servicing 22 complaints with the BBB within the last 3 years. Anyone ever deal with Quantum on a short sale? They are a nightmare
22 complaints? That's your first clue............................NEXT!
0 votes Share Flag Thu Aug 11, 2011 Agent2Agent in 94533
Jo Soss, Real Estate Pro in Bremerton, WA
Jo Soss answered:
Seller would like to cancel listing agreement, can't get response from agent..what to do?
The seller who is in a legal contract with the listing broker needs to go into the office and handle the situation. Without that you may be in violation of several of your mls rules. ... more
0 votes Share Flag Sun Aug 7, 2011 Agent2Agent in 94533
Sameer Punja…, Real Estate Pro in Fairfield, CA
Sameer Punjani answered:
Short Sale approval letter has 6% commissions, MLS has 2.5%, I want 3% on the buyers side...can I demand 3%?
Yup, I called the legal hotline, and it looks like the 2.5% is what sticks. I vented my frustrations with the listing office, but I guess that's how it goes sometime. Had me thin ... more
1 vote Share Flag Fri Jul 1, 2011 Agent2Agent in 94533
The Morrisse…, Real Estate Pro in North Attleboro, MA
The Morrisseys answered:
Took a Short Sale Listing, Prelim pulled, and credit card judgments there...What should I do? It's a pre-approved short sale listing.
Are you doing this yourself or do you have an attorney's office (experienced in short sales) involved? We did a few on our own before it became common. We now work with an attorney ... more
0 votes Share Flag Thu Mar 31, 2011 Agent2Agent in 94533
Mark D Fleys…, Real Estate Pro in Las Vegas, NV
Mark D Fleysher, MBA answered:
Anyone have experience in dealing with overseas investors?
Sameer, Allan,

Quite the opposite... many of these investors don't care what the property looks like... it's all about the net gains.

I do end up going to the property, ... more
0 votes Share Flag Fri Mar 18, 2011 Home Buying in 94533
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