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95050 : Real Estate Advice

  • All34
  • Local Info0
  • Home Buying14
  • Home Selling4
  • Market Conditions1

Activity 28
Fri Mar 31, 2017
Derek Jones answered:
Did the house sell or did the seller's take it off the market? If you feel the agent acted unethically you can file a complaint through the Bureau of real estate.
0 votes 1 answer Share Flag
Sun Jul 31, 2016
Nnati asked:
Hi, I need to change my Realtor details on your website - how can I do it?
0 votes 0 Answers Share Flag
Thu Jul 28, 2016
Brook S. answered:
Yeah many do this and call it 'creative financing' however if you can afford it have a real estate attorney look over the details, and then decide what to do based on his/her findings that would relate to the real estate laws in your state. ... more
0 votes 5 answers Share Flag
Thu Jul 28, 2016
Brook S. answered:
Properties have a deed, not a title. Cars and trucks have a title. This makes me wonder a company is called a "title company" when relating to the process of researching the deed, etc.
0 votes 3 answers Share Flag
Mon Jul 11, 2016
Christyswip answered:
The 3% is the commission the builder typically pays the real estate agent for bringing them the buyer. We do the same thing: keep 1% of the 3% commission and give you 2%. That's $8,000 we would give you on a $400,000 new home purchase. This is on top of any of the builder's promotions or incentive that they offer at that time. We represent you in your purchase, including negotiating a price for you if that is what you want. We offer this 2% cash back on any new construction home in Florida, dependent on the builder agreeing to pay us a typical 3% commission. www.We Give Realty.com
Christy Redmer
licensed Realtor
We Give Realty
call or text me at 904-580-GIVE (4483) for more information
... more
0 votes 14 answers Share Flag
Thu Jun 30, 2016
Kskhan00 asked:
We used our previous residence for a future rental income to get mortgage for new home. Tenant wants to break the lease within 3 months, can we sell the property instead of renting it? Any…
0 votes 0 Answers Share Flag
Tue Jun 14, 2016
answered:
I would be more than happy to help you with a HELOC.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
... more
0 votes 1 answer Share Flag
Sat Sep 26, 2015
Amelia Robinette answered:
Mon Jul 6, 2015
Huey Nguyen answered:
Hello Priscilla Horn:

Like my colleagues have stated, this is a difficult choice to make. I have many clients myself who are wondering if they should sell now, take in the money, rent for a while, and then buy when the market hits low again. I have been in real estate in the Bay Area for over 12 years now, and the most most important thing I have learned about market conditions is that you just never know.

While the real estate market is cyclical, there's not a definite way to tell if the market will peak soon or has already peaked and what the real estate market will be like in a couple of years from now.

I would contact a Realtor and discuss the comparable sales for your property and discuss potential growth. I cannot offer you too much insight here, since I don't know the address or info about the property. Mixed use properties are rare, so it might be a great opportunity to sell and make some money. Your Realtor can also help you figure out what the costs of selling are, how much equity you have in the property, and how much you can get for rent to help lay out the options for you to decide what is the best plan for you.

I also encourage you to discuss the tax ramifications/issues with your CPA/accountant to see how best to proceed. What do you plan to do with the money once you get it? If you want to reinvest in something else, it might be time to discuss options with an investments advisor. If there are any legal issues that need to be addressed, I encourage you to also speak to a real estate attorney.


Good luck! If you would like to further discuss your options with me, please do not hesitate to contact me.


Best regards,


Huey Nguyen
VS Realty & Loans, Inc.
408-219-9776
hueyhome@gmail.com
... more
0 votes 3 answers Share Flag
Wed May 20, 2015
Michelle Carr-Crowe answered:
Yes, I helped a client do this recently-at a price point of $1.5M, so it is possible with stellar credit and income. Text or Just Call 408-252-8900 for details.

Michelle Carr Crowe
0 votes 9 answers Share Flag
Wed May 20, 2015
Michelle Carr-Crowe answered:
Have you checked with the City yet? Many guidelines are online, and they are usually helpful even when you just walk in. I've seen homes done both ways in Santa Clara-you just want to ensure you are in compliance and have a permit before you start. ... more
0 votes 8 answers Share Flag
Wed May 20, 2015
Michelle Carr-Crowe answered:
First go talk to the City to see what is allowed. While I see many converted, the City has the right to make you put it back if it wasn't done with a permit first.
0 votes 5 answers Share Flag
Wed May 20, 2015
Michelle Carr-Crowe answered:
While I know homeowners with baths in the garage in Santa Clara, go down and get a permit first.
0 votes 4 answers Share Flag
Sun Mar 22, 2015
Sam Shueh answered:
http://www.trulia.com/for_rent
create your listing and submit it
0 votes 1 answer Share Flag
Thu Mar 19, 2015
answered:
Hello Kathleensheridan1, this is a legal question which we can not answer or post and this would have to be discussed with either a legal aide or lawyer. There are options depending on many other factors as well.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program, estate proceeds value and how much you want to invest into the down payment and closing costs.

You may qualify FHA from 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 or Link.
... more
0 votes 1 answer Share Flag
Tue Mar 10, 2015
Arpad Racz answered:
Wed Feb 25, 2015
Vicky Chang answered:
Thank you for posting your question on Trulia!
The norm is to split it evenly even for short sales in Pittsburgh. It seems like the listing agent just want to make more money for him/herself. It does attract more buyer's agent to bring their buyers when you are offering more for the buying side. I can refer you some reputable agents in your area if you like.

At your service,
Vicky
... more
0 votes 3 answers Share Flag
Fri Nov 22, 2013
Robert Spinosa answered:
Hi Miriam,

I hope that by now you were able to contact your insurance agent and ask this very astute question and get it answered to your satisfaction. Personally, I don't think I'd get an attorney involved at this point, but I would certainly make sure your insurance agent understood your specifics and provided coverage consistent with your risks.

A two-month rent back will not be a surprise to them. These things happen all the time and they will have an answer and solution for you.

Rob Spinosa
rspinosa@rpm-mtg.com
... more
0 votes 10 answers Share Flag
Wed Sep 25, 2013
Zachary Daniel answered:
$800/month is on the low end of the spectrum. It'll be difficult to find a studio apartment. You may find a single room in a shared home or apartment for this rate though.

As an example, individual room rentals near Stanford University can be found for $750-$900/month on the Stanford off-campus housing page. Meanwhile studios / single bedroom apartments generally are in excess of $1,300+ a month. ... more
0 votes 6 answers Share Flag
Sat Aug 10, 2013
Andrea Gomez answered:
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