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93110 : Real Estate Advice

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  • Home Buying1
  • Home Selling3
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Activity 4
Mon May 29, 2017
Rblanch222 answered:
Cancel your listing agreement asap! Call the board of Realtors in santa Barbara if he doesn't respond asap!!
0 votes 8 answers Share Flag
Fri Oct 14, 2016
Rich Reed answered:
What does your contract say? Generally if the buyer cancels in good faith using a contract contingency, you are not entitled to the earnest money deposit.
0 votes 1 answer Share Flag
Sun Sep 8, 2013
Irina Karan answered:
Hello Sharon,

The best area to find out the exact procedure of "reconverting" or "legalizing" the garage conversion is with the city. Sometimes, there is "grandfathering" and they even tax the property as if the house was built without a garage. Sometimes, you have a certain time period to bring the place "up to code".
Yet, there are times, when you do have to pay fines - normally, when the owner disregards all notices from the city for a very long time. After such a long time, there could be potential liens on the property, put by the city, running at $100/day. Any bills like that could be negotiated down as the city is interested in resolution of the conflicting situation. The lien is not on the owner, it is on the property.

The best course of action is to hire an architect/structural engineer - possibly the one known to the city as a reliable professional. The architect prepares the plans and a licensed contract fixes the issues, and you are good to go.

Cooperation with the city yields good results!

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 5 answers Share Flag
Sat Jan 17, 2009
Kevin Schmidtchen answered:
The only true way to get an idea would be to have an experienced real estate agent come by and give you a value of your home. Then based on costs you could do a comparison although nothing truly 100%. The only way to know ultimately would be to see what the home would get on the open market (listing it for sale) and then based on this do a comparison back to the costs of the project. You would then take this and compare against the latest comp of a property that did not have a remodel done (if possible).

Hope this helps.

Kevin Schmidtchen
Sotheby's Int'l Realty
Santa Barbara CA
www.SantaBarbaraRealEstateVoice.com
805-689-6877
... more
0 votes 4 answers Share Flag
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