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95003 : Real Estate Advice

  • All14
  • Local Info0
  • Home Buying6
  • Home Selling2
  • Market Conditions1

Activity 11
Thu Apr 27, 2017
James asked:
Tue Mar 28, 2017
ken jordan asked:
Is there a way that I can use your website to determine the sale price of recently sold properties ?
0 votes 0 Answers Share Flag
Fri Feb 12, 2016
Cupertino_flyer asked:
Thu Feb 27, 2014
Michael Young answered:
Absolutely yes! Recent changes in California law prohibit 1st or 2nd lien holders, including lines of credit to pursue for any deficiency after they agree to a short sale. In fact, that is one of the greatest advantages to doing a short sale. If you let the home go to foreclosure you are not necessarily protected from those 2nd lien holders. ... more
0 votes 6 answers Share Flag
Wed Aug 28, 2013
Don Amante answered:
Mon Sep 10, 2012
Ruth Bates answered:
Hi - currently on Craigslist we see 2 bedroom rentals from $1300-$1900 and 3 bedroom rentals from $1950 to $3000. Last year the average 3 bedroom rental was $2800. So - it appears that rents have not really gone up significantly in Rio Del Mar/Aptos. BUT - there is not very much to rent!

AND - it's the best time ever to BUY. Prices are down, rates are lowest in over 60 years.
So consider buying now if you can.
... more
0 votes 1 answer Share Flag
Mon Aug 27, 2012
John Watson answered:
Get the print outs and have them go over it with you until you understand what the discounts are. You could also get a second quote from another title company. Call and ask around.
0 votes 4 answers Share Flag
Mon Nov 15, 2010
Molly Thompson answered:
Well... depending on the nature of the red tag, it is possible for the county to "abate" a property and/or declare it uninhabitable, typically for safety reasons. The best way to understand teh nature of the issue is to go talk to the folks at the Planning department and understand their expectation and needs so it can be removed. Banks won't lend on red tagged properties and some repairs are much more costly then they appear... and some are not!
CHEERS!
... more
0 votes 9 answers Share Flag
Sat Jun 19, 2010
Emelia Sanchez answered:
You are legally being informed that they are about to begin eviction proceedings against you if the default is not cured within the set amount of days in the notice.

Under the Helping Families Save Their Homes Act, tenants have the right to stay in their homes after foreclosure for 90 days or through the term of their lease. No where does it state "rent free" so I don't know about that.

You may wish to provide them with your receipt showing that you have already paid for June your next payment is not due until July.

Many lenders will allow you to remain in the home until the sale of the property so that it is not vacant. Some will offer you cash for the keys if you leave the home clean, intact and ready for sale.

I recommend you contact them and advise them that you are paid up and will forward the next payment as agreed. The last thing you want is to to nothing and an eviction on your record.
... more
0 votes 3 answers Share Flag
Tue Apr 27, 2010
Molly Thompson answered:
All good answers! Banks set a minimum bid that will allow them to recoup what they can from any insurance (PMI) that may exist for that loan, then re-sell property later thru MLS or auctions at a lower price. IF you buy at the court house steps (as I have) you need cashiers checks for the whole amount of your bid immedialtely and you don't get Title insurance so you could then be responsible for other liens. You will frequesntly get a better deal after the Trustee sale thru MLS listings and you will get title insurance and be able to finance the purchase and inspect the property thoroughly.
CHEERS!

Molly Thompson, Broker Assoc, APR
... more
0 votes 5 answers Share Flag
Fri Aug 14, 2009
Mindy Greenberg, M.S. answered:
Hi Summer,

Have you made a decision yet? When priced well, Rio Del Mar homes are selling quickly with multiple offers right now. It's all about price and marketing. Call me to discuss and good luck!

Mindy Greenberg
... more
0 votes 12 answers Share Flag
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