Hercules : Questions & Answers

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Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
Is 2yrs post short sale ok to buy house through FHA loan?
Should be. Looks like you've improved your credit score. I think three years is if the house goes to foreclosure. I would advise talking to a local mortgage banker, someone who speci ... more
0 votes Share Flag Thu May 22, 2014 Home Buying in Hercules
Chris Corriv…, Home Seller in San Francisco, CA
Chris Corriveau asked:
where do these values come from? This question was asked from http://www.trulia.com/foreclosure/3105486297--Park-St-Hercules-CA-94547
0 votes Share Flag Tue Feb 26, 2013 Market Conditions in Hercules
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
Why are there so many cash sales? Why is FHA number #6 of the buying power? Do you think the FHA and VA could be respected more?
The problem is that currently, and for a limited time, California property is on sale and investors from around the world are snapping up properties with cash while prices are still low ... more
0 votes Share Flag Thu Feb 21, 2013 Home Buying in Hercules
Rohaj Puri, Home Buyer in Concord, CA
Rohaj Puri asked:
Does anyone know of rent to own homes in Hercules? Open to Townhomes, Condos, or Detached.. --
This question was asked from this property: http://www.trulia.com/property/3102703007--Chelsea-Hercules-CA-94547?ecampaign=con_day_propertysearchforsale_bk&eurl=www.trulia.com/pr...
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in Hercules
Laura Coffey, Real Estate Pro in Valencia, CA
Laura Coffey answered:
As a buyer I canceled my contract because I concluded that repairs were to expensive. I did release the buyer investigation contingency.
I would send in a cancellation as soon as possible and do not give a reason. Just reference paragraph 14 in the CAR purchase agreement. But I would also seek legal advice. Good Luck.
... more
0 votes Share Flag Sat Dec 1, 2012 Home Buying in 94547
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
We let our home go as cash for keys basis. I'm told that this does not count as a foreclosure. How long do we have to wait before buying another home?
Who told you that?

If you had a debt, that you were behind on; it was reported to the Credit bureaus.
If you did a "Deed in Lieu" becuase you couldn't pay your mortgage, then it was ... more
0 votes Share Flag Thu Feb 21, 2013 Home Buying in Hercules
Lance R King, Real Estate Pro in San Francisco, CA
Lance R King answered:
Why do some condos list HOAs and others don't? I tend to pass by those that don't because I figure they're so high, they don't
I wouldn't assume they are high because not listing. Although it could be because they're high, some agents are lazy and some probably forget
0 votes Share Flag Sun Jul 8, 2012 Home Buying in Hercules
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
How much room of negotiating do i have for short sale homes.?
You need to understand that likely the bank, which has the final say on a short sale, has not come up with the listed price. Normally the seller and the agent dream up a price to encour ... more
0 votes Share Flag Thu Nov 8, 2012 Home Buying in Hercules
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
What's the Fair Market Value for homes in Hercules, CA?
All homes will be different. You will need a Realtor to work up fair market value for the home in question.
0 votes Share Flag Fri Jul 6, 2012 Market Conditions in Hercules
Didi Huntley,…, Real Estate Pro in Lexington, SC
Didi Huntley, Realtor answered:
How is the market for renters? Is it favorable? Is it better to rent or uy now?
At this moment in time renters are jumping to get in place for the summer. Rentals are getting scooped up quickly. If you can buy now I recommend you do so. Rates are low, lenders are e ... more
0 votes Share Flag Tue Jun 12, 2012 Market Conditions in Hercules
Didi Huntley,…, Real Estate Pro in Lexington, SC
Didi Huntley, Realtor answered:
Is it a sellers or a buyers market?
Jacqueline, It is definitely a Buyer's market with loads of inventory available and fabulously low mortgage rates.
0 votes Share Flag Tue Jun 12, 2012 Market Conditions in Hercules
Barbara Wils…, Real Estate Pro in Danville, CA
Barbara Wilson answered:
What is the sell market conditions, at this time?
there are so few homes on the market that we are in a sellers market. there are many offers on homes, within a few days of becoming available, and many going over asking. especially u ... more
0 votes Share Flag Tue Jun 12, 2012 Market Conditions in Hercules
Sergio Sosa, Real Estate Pro in Hercules, CA
Sergio Sosa answered:
looking for a seller financing property in zip code area 94547
Hello Caleb,

In this market, where most homes being sold are either bank owned or short sales you will not find much in the way of seller financing. The few homes that are being sol ... more
0 votes Share Flag Sat May 19, 2012 Home Buying in 94547
Ed & Margie…, Real Estate Pro in Seattle, WA
Ed & Margie Santos answered:
I'm considering purchasing a home in Hercules to rent out. How quickly can a 4 bdrm, 2 bath single family home be rented in Hercules, CA?
Hello
Depending on Hercules Location and size a 4 Bedroom can rent anywhere from $1,700 to $2,500.
It can rent in less then 2 weeks if you price it at market or less...Our office also ... more
0 votes Share Flag Thu Feb 16, 2012 Rentals in Hercules
Neil Case, Real Estate Pro in Contra Costa County,...
Neil Case answered:
Can I use my credit score from another country to buy a house in California ?.?
Frankie,

I have never encountered this question and I don't know the answer. But I do know who will have the answer. Call or email this fella. Mike Trejo of Bridgepoint Funding ... more
0 votes Share Flag Wed Jan 30, 2013 Home Buying in 94547
Marston Myers, Real Estate Pro in Brandon, FL
Marston Myers answered:
how many offers can you make on a house in california?
When dealing with Short Sale and REO properties, all time frames begin when you have an answer from the Bank, therefore you have 72 hours to deposit your good faith funds and ratify the ... more
0 votes Share Flag Sat Dec 8, 2012 Home Buying in Hercules
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
In California, are my other assets (SF 2nd property, 401K, non-401K brokerage accounts) safe if I allow my current house to go into foreclosure?
You need to check with an attorney who is familiar with foreclosure laws in California. Are you a recourse state? If so, they bank may be able to get a deficiency judgment against you ... more
0 votes Share Flag Tue Jan 25, 2011 Foreclosure in 94547
Andre Plessis, Both Buyer and Seller in Canoga Park, Los Ang...
Andre Plessis answered:
I have a client in Canada who wants to buy an investment property in California.
Depends on who will do the loan? If it is in CA, then a pre-qual will be needed here, but if a Canadian bank lends money to your client, then he will deal with his bank there.
0 votes Share Flag Fri Oct 16, 2009 Home Buying in 94547
Barbara Wils…, Real Estate Pro in Danville, CA
Barbara Wilson answered:
how can i tell if a sewer lateral inspection is required in the city of Hercules, CA. before i by a house?
You will need to contact the City building department first to verify, and then perhaps the county building departments to be sure. Even if a realtor in the area tells you about it, th ... more
0 votes Share Flag Sun Jun 5, 2011 Home Selling in 94547
TEAM SULLIVAN, Real Estate Pro in Newnan, GA
TEAM SULLIVAN answered:
Help getting a Realtor???
The buyer does not pay the Realtor's commission. The seller offers the percentage. If a realtor would give up 25 % of their pay to get you to use them, would you be upset if they ... more
0 votes Share Flag Mon Oct 18, 2010 Home Buying in Hercules
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