Home Selling in 95124 : Questions & Answers

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Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
How much income towards a rental will the banks count as income when purchasing a second home?
Thank you for your question:

Banks will generally count 75% of the rental income for a property that is purchased for investment purposes.

Thank you,
Charles Butterfield MBA
Rea ... more
0 votes Share Flag Wed May 15, 2013 Home Selling in 95148
April Tavares, Real Estate Pro in Saratoga, CA
April Tavares answered:
WHAT IS THE COST OF STAGING A HOME FOR SALE?
Hi Jesse,

Great question. There are many factors to consider to answer it. The cost of staging varies based on the number of rooms you are staging, whether or not you are bringing in ... more
0 votes Share Flag Tue Sep 16, 2014 Home Selling in San Jose
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Is it standard practice for agents to have a different set of commission rates depending on the type of business the relationship requires.?
Trulia;
You know very well that we are not allowed, BY LAW, to discuss commissions in an open forum:
Why do you do this to us?
0 votes Share Flag Thu Jun 5, 2014 Home Selling in Cambrian
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
Easier to resell in East Foothills of Alum Rock or Morgan Hill after 5-7 years?
Having lived in this area for 15 years, I would bet on Morgan Hill. Prices there have more room to climb and Porter Lane is in one of the less desirable neighborhoods in San Jose. But ... more
0 votes Share Flag Wed Mar 13, 2013 Home Selling in San Jose
Jose, Real Estate Pro in San Jose, CA
Jose answered:
I am Seller of the property that I flipped. The property was sold to my partner, a few days later it was granted to me. It was sold as FHA loan
Thelma,

As far as i understand, If buyer is an FHA buyer, seller can NOT keep the deposit, no matter what. Good luck!
0 votes Share Flag Wed Mar 13, 2013 Home Selling in San Jose
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
"Auctioning" a house as a marketing strategy? Pros/cons...?
Is that where he listing it for 50% of market value, holds one open house and ask each person to submit a bid at the open house? If that is the case you are missing out on potentiall ... more
0 votes Share Flag Mon Nov 5, 2012 Home Selling in San Jose
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
Do better view and privacy increase value of the home?
Privacy and the view will make this unit more desirable for other people, the same way you liked it more than other units. Desirability translates in higher prices. You are doing well ... more
0 votes Share Flag Mon Feb 3, 2014 Home Selling in San Jose
Joseph Pytch…, Real Estate Pro in Plano, TX
Joseph Pytcher answered:
Our realtor has not been responsive to our needs and our listing agreement is expiring soon. Should we change realtors?
If you are not happy with your realtor, I would highly suggest finding a new one. One whom you can trust and who is in constant communication.
0 votes Share Flag Sat Mar 30, 2013 Home Selling in San Jose
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
How important is grass?
Not sure what the difference would be between what you have now and what you are proposing - do you mean that you have crab grass now but you want to remove it and install a normal lawn ... more
0 votes Share Flag Sat Sep 20, 2014 Home Selling in San Jose
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
How can I find out if home in san jose has been sold?
The last recorded sale was July 29th, 2011. It is not showing as an active listing on the MLS
0 votes Share Flag Sat Oct 20, 2012 Home Selling in 95128
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
The agent and ex-husband withholding info
Definitely get a lawyer. Real estate agents usually are not involved with the distribution of the sale proceeds. The title company does it based on the available documentation. Again ... more
0 votes Share Flag Mon Oct 15, 2012 Home Selling in 95125
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
Is there a ethical question when you find out the agent you are talking to has been having a affair with your husband.?
Having an affair with a married person is a breach of ethics right there... whether it's a Realtor, Butcher, Baker or Candlestick Maker.
0 votes Share Flag Sat Aug 24, 2013 Home Selling in 95125
John Juarez, Real Estate Pro in Newark, CA
John Juarez answered:
If the appraiser comes up exactly the asking price, would the bank approve the loan?
Pam,

The appraisal is a very important part of the loan approval process but an appraisal that comes in at the agreed upon sale price does not guarantee loan approval. The underwriti ... more
0 votes Share Flag Wed Mar 13, 2013 Home Selling in 95132
Erica, Real Estate Pro in San Jose, CA
Erica answered:
Would I sell my house now?
Hi Pam,
Do you mean, is it a seller's market? It is more of a seller's market than we have seen for a long time!

I'm just about to go to press with a new book called "Sell Your Hous ... more
0 votes Share Flag Mon Jun 18, 2012 Home Selling in 95132
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
i am trying to enter a new listing and it will not let me because the home was recently sold.
Congratulations for getting this back on the market. I went in and deleted it from my listings. Try it again. If that doesn't work, call Trulia directly.

I look forward to seeing ... more
0 votes Share Flag Sun May 27, 2012 Home Selling in 95136
Laura Coffey, Real Estate Pro in Valencia, CA
Laura Coffey answered:
what is current realtor commission?
Commission is always negotiable. There is no set fee. Some broker's charge a flat fee (you get what you pay for) and some charge a commission.
0 votes Share Flag Mon May 28, 2012 Home Selling in Willow Glen
John van Dyk, Real Estate Pro in San Jose, CA
John van Dyk answered:
How did this house 2353 Winepol Loop San Jose, CA sell for 1.2M in a neighborhood full of houses worth around $300-400k?
I checked this address through the MLS and do not show any homes on this street selling in the range you mention. Please call me at 408 202 4460 if you require additional info on homes ... more
0 votes Share Flag Fri Aug 2, 2013 Home Selling in 95125
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
How long does the bank take to approve a mortgage loan?
It depends... I had situations when purchase money loan was closed in 14 days, in other situations it was up to 45 days. For refinancing, 3 months is not unusual. Contact me directly ... more
0 votes Share Flag Tue Jun 11, 2013 Home Selling in 95148
Lance King-F…, Real Estate Pro in San Francisco, CA
Lance King-Founder/Broker answered:
Is it better to get a property inspection done prior to listing our home for sale even if the house is less than 15 years old?
Most buyers are going to want to do their own contractor's inspection, so one could argue why do it. However, if you have your own prior to listing and discover issues you can include w ... more
0 votes Share Flag Sat May 5, 2012 Home Selling in San Jose
Allan Erps, Real Estate Pro in 10954
Allan Erps answered:
Would it be worth listing at a much higher price than recent comps?
And if you list 40% higher than the current marketplace I believe you are unrealistic.... Only hope you would have is to get a ALL CASH Buyer and I consider that unlikely. Best of Luc ... more
0 votes Share Flag Thu May 10, 2012 Home Selling in San Jose
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