Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in Pittsburg : Real Estate Advice

  • All113
  • Local Info12
  • Home Buying42
  • Home Selling0
  • Market Conditions3

Activity 33
Fri Aug 25, 2017
Sally Grenier answered:
I'm sorry you are going through this. Didn't you have the property inspected before you bought it? Didn't you have the sewer scoped as well?? Unfortunately, it's up to the buyer to conduct the right inspections on a house. You could try to sue the previous owner for not disclosing the problem, but it's going to be hard to prove he knew the pipes were bad. ... more
0 votes 2 answers Share Flag
Mon Oct 3, 2016
Sally Grenier answered:
There are so many variables here and so many question marks. Who knows how long it's going to take for them to find their replacement property squared away. And what happens if that deal falls through again? What if they don't get loan approval? This is why it's a TERRIBLE idea to sell (or buy) as a FSBO. Nobody knows what they are doing. You're dealing with the largest purchase of your life and there a big legal and financial consequences if not executed properly. Go hire a Realtor as your Buyer's Agent and make the sellers pay him/her a commission. ... more
0 votes 1 answer Share Flag
Mon Apr 4, 2016
Alex Dongallo answered:
Lived here for over 5 decades and I can say that it is a safe place to live in. Your 2-5 minute walk to BART! San Marco Homes are being sold at 450-700k+ why? Because of location! we have the Delta Views, School District is in the Mt. Diablo Dist, Affordable homes for the SQF. We have Bart, If your a commuter coming home you will exit before hitting that hwy 4 traffic going to Pittsburg\Antioch\ Brentwood. Buying in the newer development your get more home for the money. Your only 5-8 minutes away when driving to Concord. It is close to several amenities to get to with Spaced Homes that gives you that country feeling. Those who question about Safety & Schools should do there research on the net. As for me I feel that all homes should be armed and well lighted to keep your home safe. If you want Simple, Affordable, with a country feeling and BART. Bay Point is the Location your looking for. My honest opinion Yes Bay Point is a Safe place to live! ... more
0 votes 4 answers Share Flag
Sun Feb 14, 2016
Amelia Robinette answered:
BTW - it IS your responsibility to research neighborhoods and perform your own due diligence on properties you like. BUT you also should not be mislead or lied to.
0 votes 2 answers Share Flag
Thu May 28, 2015
The answer to this depends on you. Lenders will only let you go to 55% of our income towards your house payments, but most will not let you do that.

I find one person will have perfect credit making $1000 a month and another will make $20,000 a month and not be able to pay their bills.

As far as a down payment. The more you put down the less expensive the mortgage might be, as you might be able to avoid mortgage insurance.

What if you don't buy in order to save money, pay out just as much as if you were making house payments. and property values go up 20% while you are waiting?

So if you do not have a down payment, you should probably go with a low down payment program. If that is in your budget.

1. Sit down write out a budget.
2. Find out what you can buy and how much that would cost.
a. Is the house acceptable?
b. Is the payment acceptable given your budget?
3. Make your decision based on your personal situation.

Keep in mind.

Historically rent doubles every 10 years or less.
The sooner you start paying on a mortgage the sooner you pay it off
With a mortgage you build equity that you can tap in for a number of good causes or emergencies.
Remember to compare the cost of the mortgage after taxes the tax benefits of either can be minimal or you may have great benefits from buying.
... more
0 votes 1 answer Share Flag
Thu Jan 22, 2015
Hi Dande,

Robert is correct. The minimum down payment for a second home is 10%.

Best regards,

Elva A. Wormley
Mortgage Consultant
33+ Years Experience
Office (408) 615-8500

C2 Financial Corporation
2845 Moorpark Avenue, Suite 209
San Jose, CA 95128
NMLS #331981 / BRE #01274093
... more
0 votes 5 answers Share Flag
Sun Sep 7, 2014
Robert Chomentowski answered:
Fri Apr 11, 2014
aftervince1973 answered:
Don't let a foreclosure stop you from buying a new home. See Comstock if you have a buyer in need. They have a flexible credit loan. This program assists homeowners who have recently been through a foreclosure, short sale or have recently emerged from bankruptcy. ... more
0 votes 3 answers Share Flag
Sun Mar 30, 2014
J.Michelle Higbee answered:
Trang has given you good advice. Don't be afraid of walking away from a bad sale! I bought a short sale four years ago, and when I first saw it, everything was fine. When we took possession of it, the pool was a black swamp, and the jacuzzi had been torn out leaving exposed wires. My agent didn't tell us we could back out. The damage the old owner did to the property cost us more than $8,000! don't let that happen to you! I got into Real Estate to help other people avoid problems like that! ... more
0 votes 3 answers Share Flag
Tue Dec 31, 2013
Gary Geer answered:
This should have been included in your offer to purchase. I believe this may be considered a fixture if it has hard pipe ( gas) and a flue to exhaust ( like a gas furnace). Review your contract to see if it was included. If still in doubt contact a real estate attorney for expertise in this area. ... more
0 votes 4 answers Share Flag
Tue Dec 10, 2013
sesimanif answered:
I have the same proplem like this.I tried several agents with same thing.I believe they were all trained to fool the people.
0 votes 3 answers Share Flag
Fri Aug 23, 2013
Wolfgang Croskey answered:
Mr. Boomba,
It has been almost a year since you asked this question. Were you able to locate a property that fits your needs? Are you taking care of these homes by yourself? Long drive from Santa Clara. Let me know if I can help you. ... more
0 votes 4 answers Share Flag
Thu Jul 11, 2013
Damon Botticelli answered:
Sun Dec 2, 2012
hippycritter answered:

I just closed on a home in Pittsburg I started looking last year when there was more inventory. Now there is literally no inventory. Either it is taken before it goes on the market, won't accept any more rentals (in certain developments), only accepting offers from owner-occupieds, cash buyers, or is a foreclosure with someone occupying it.

I got lucky (I think!) because this property was actually purchased via an on-line auction. Still, there were some risks. Aside from clear title, there were no contingencies. I.e. cash purchase and no contingency for inspection. You could inspect, but your 'earnest money' (5-7k) would not be returned if you pulled out. Still, aside from lots of painting, new floors, and general cleanup, looks like this will work.

I found the most amazing agent to help me with this. She even sent her husband to put buckets under the leaks when it started raining. Let me know if you want her name. Oh, you can find a decent house for the $$, but there is only one elementary school in all of Pittsburg with an 800+ API score. It is a working class city!

Good Luck!!!!
... more
0 votes 3 answers Share Flag
Fri Jul 20, 2012
Wolfgang Croskey answered:
I see that no response was given to this question. Not sure if you are still looking, but the Stoneman park area has good opportunity. It really comes down to how many bedrooms, features of the home, and location to commute access. ... more
0 votes 1 answer Share Flag
Sat Oct 15, 2011
Ron Thomas answered:
The BANK is the SELLER.
The Homeowner is called the seller but they are really just a figurehead; you need their approval and they can throw s--- in the game, but the BANK is really the play-caller.
The Homeowner has agreed, but the real hurdle is the Bank, and that can take 4 weeks to 6 months:
You have to sit back, and relax, and don't get stressed over it. Your Agent should keep you apprised of things.
The odds for a SS have been around 10% but that has been improving lately:
My advice; do not buy anything on time and relax.

Good luck and may God bless
... more
0 votes 5 answers Share Flag
Fri Jun 17, 2011
John Arendsen answered:
As others have so aptly stated you could be going down a slippery slope on that one. I guess what really matters is how bad you really want this property and what you're willing to pay for it. ... more
0 votes 11 answers Share Flag
Tue May 17, 2011
Bob Georgiou answered:

I agree 100% with David. So long as the home is empty, don't wait for your keys, drill and change the locks if your agent didnt pull the keys before the listing agent pulled the lockbox> ... more
1 vote 12 answers Share Flag
Wed Apr 20, 2011
Interested Buyer answered:
Since the list price is $50K, would that mean a 10% deposit is $5k for this sale?
0 votes 3 answers Share Flag
Sun Apr 10, 2011
Gregorio Denny answered:
There are circumstances where you could potentially have 2 FHA loans simultaneously, however the situation you describe is not one of them.

You may purchase your primary residence with an FHA mortgage and you only need 20% down (not 25%) in order to qualify for an investment purchase. If you find a home that qualifies for Homepath financing, you can put down 10% on an investment property.

Please speak with a licensed California loan originator to get the most up to date and accurate information regarding your financing options.
... more
0 votes 4 answers Share Flag
1 2
Search Advice
Home Buying in Pittsburg Zip Codes