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94568 : Real Estate Advice

  • All74
  • Local Info11
  • Home Buying44
  • Home Selling2
  • Market Conditions5

Activity 68
Fri Apr 28, 2017
Kathy Burgreen answered:
New homes take about 3 - 5 years to gain any equity so to see any appreciation value, you will have to live in it for about 5 years.

You need to learn that builders sell new homes at a premium so the minute you move in, your home is not considered new anymore. If you sell within 3 - 5 years, you could take a loss and need to bring cash to closing in order to sell - no profits for you. It's the same principle as driving a brand new car off a dealership lot and then selling it soon after you just bought it. You won't get 100% of what you paid for it. However with a brand new house, it will appreciate BUT it takes time.

Builders have the luxury to increase prices on brand new homes because there is such a large demand for it. If buyers wouldn't love brand new homes so much, builders would not be asking such high prices. Builders never negotiate on price either because they need to make a profit. Owners selling older homes can negotiate on price.
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Sun Apr 16, 2017
Raffo2 asked:
Calling a person while on vacation, traveling and asleep
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Thu Mar 23, 2017
Susie Kay answered:
Tue Sep 6, 2016
answered:
Depending on your credit score and your gross income, You could purchase price could be all the way up to $1 million and maybe more with a HELOC as a second mortgage. Your gross income and credit score are very important things to post as well. No one uses income after expenses to qualify someone.

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
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Thu Jul 28, 2016
Angelica P answered:
Hi Fdchomesite,

At this time, unfortunately, for rental listings, we do not allow for room for rent listings, short term rental listings and vacation rentals. For your additional information, we only accept residential listings on Trulia. We do not currently allow commercial, industrial, timeshares or farm and agricultural properties.

Please view our Listing Quality Policy here for additional information:
http://www.trulia.com/listings_quality_policy/

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
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Wed Jul 27, 2016
Ankit_ab asked:
Hello,
I have about $430K left on my current loan at 3.625%. I had refinanced beginning of 2015. My house value on extremely conservative end is about 780K (Lower than any of the online…
0 votes 0 Answers Share Flag
Thu Apr 14, 2016
Patricia Desautels answered:
AMPLIFY LIGHT: Many condos are interior units with limited light. A fresh coat of paint throughout goes a long way to amplifying existing light. If it's a small space, I would recommend using one neutral light paint color or paint it a classic white (e.g. Sherwin-Williams Alabaster). Be a bit more adventurous in powder rooms and add a splash of color with pillows and throws. Bounce light from windows by placing mirrors on the wall adjacent to the light source. Stainless steel appliances go a long way in making a kitchen feel updated...even if other parts of the kitchen are dated. ... more
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Mon Apr 11, 2016
Jane Siguenza answered:
Fri Feb 19, 2016
Karen and Paul Catania answered:
All of the new home builders need to keep their inventory moving. If things are selling fast they don't offer discounts or free upgrades. If a house is being built or built out without a buyer they offer discounts and free upgrades to move it quick. But every release in a moving market they have a price increase so you need to figure out if full price today will or will not be a better deal than later. ... more
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Mon Dec 21, 2015
answered:
A first time homebuyer need not have any more requirements than a buyer who has previously owned a home.
Your stated qualifications are more than excellent for this kind of loan.
0 votes 4 answers Share Flag
Thu Jun 25, 2015
Vijay asked:
how how do i add property photos after home is listed for rental?do i add property photos after home is listed for rental?
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Mon May 4, 2015
Karen and Paul Catania answered:
I hear complaints about all production builders. The KB home I lived in built in San Ramon in the 90's seem to be built well and I would always consider another one. They have been in business a long time and you don't do that without building a decent home. My advise is if they are any issues contact the builder and don't give up. There is always the initial blow off but the squeaky wheel gets the grease. ... more
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Fri Apr 24, 2015
Kenneth Er answered:
The population is continuing to grow out here. I continue to see a lot of people leaving San Francisco or the South Bay and use BART as an alternative to their commute. Additionally, a lot more people are working now, the unemployment rate is down and I am sure ridership is up.

Ken
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Mon Apr 13, 2015
answered:
Hello Fanny, that would be a tough price range for the payment you are paying in rent for a mortgage for a three bedroom. Are there any other cities or can you do with a two bedroom?


You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
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Mon Apr 13, 2015
answered:
Hello bansai, theses links should have the answers to any questions you may have on schools:
http://www.greatschools.org/
http://Www.schoolfinder.ca.gov
http://Www.education.com
http://Www.schooldistrictfinder.com
http://Www.schooldigger.com
http://www.sarconline.org/


If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 5 answers Share Flag
Mon Apr 13, 2015
answered:
Hello BuyHomeTriValley, a single family home is the best resale and value if you can afford it. If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 2 answers Share Flag
Tue Apr 7, 2015
Arpad Racz answered:
Hi,

In general, many investors seem to think single family outperforms condo's in General.

Looking at a dollar per sq. ft. and percentage difference(between the two types) market trend for Single family and then Condo's in the same area over time might be helpful.

Some data is available here: http://www.trulia.com/real_estate/Dublin-California/market-trends/

Kind regards,

Arpad
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0 votes 13 answers Share Flag
Thu Mar 27, 2014
Ali Qureshi answered:
Hi,

First of all you have a great question.

Everyone has an opinion but you know best what suite you needs both personally and financially. I can share with you my experience working with buyers and sellers in similar situation as yours. 3-4 years ago there was a lot of uncertainty in the market, people were not sure which direction the market was heading. As you know, we were all waiting for the market to " Hit the bottom".. Looking back now we can say we don't remember when we hit the bottom as home values soared up abnormally within the past 2 years.

Buyers of that time and home owners now are using this abnormality in the market to sell as a means of moving up to a bigger and a more " permanent" house. They understand that they will be paying a premium to buy the next home but at the same time, they will gain on the sale of the house. So, in sum the premium gained crosses out the premium spent. So then why should you buy a house? Well, for one simple fact, interest rates! Rate are still low and you can capitalize on that for a long term perspective. Also, over the long term, single family house tends to appreciate at a faster rate as appose to a townhouse. The best part is you won't be spending dollars paying HOA dues!!!
You have all the great reasons to consider buying a single family house now while timing the market right to sell your existing home at a great price. Good Luck!!
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0 votes 5 answers Share Flag
Wed Mar 19, 2014
Susie Kay answered:
Let Trulia moderator know.

Susie Kay, RealtorĀ® & Certified Stager
Residential, Commercial, Investment
------------------------------------------------------------------
United Real Estate
III Lincoln Centre, 5430 LBJ Freeway #280
Dallas, TX 78240
469-371-2899
susie_k@att.net
www.dfwdreamhomes.net

Servicing your real estate need is my priority!
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