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Auburn : Real Estate Advice

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  • Local Info2
  • Home Buying14
  • Home Selling3
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Activity 50
Thu Feb 2, 2017
Rich Reed answered:
The Broker earns a commission according to the terms of the Listing Agreement or a separate commission agreement. You would have to reference your specific agreement. CAR Lease Listing Agreements state, "Payment is due upon Tenant's direct or indirect acquisition of any legal or equitable interest in the Premises..." Your specific agreement may be different. ... more
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Mon Jan 30, 2017
Sheryl Arndt answered:
Hello David, you are venting on the wrong avenue as you should be complaining to the BRE, Bureau of Real Estate, where he would have to address your claims or have his license suspended or revoked. ... more
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Wed Jan 18, 2017
Davidtravis07 asked:
in co court of appeals...bought 3 houses thru Ted miller...2 for rent since 2012 and 2013 with renters...he has not payed me for what the renters paid him Jan 2016, Feb, Mar... He owes…
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Wed Jan 18, 2017
Davidtravis07 asked:
in co court of appeals...bought 3 houses thru Ted miller...2 for rent since 2012 and 2013 with renters...he has not payed me for what the renters paid him Jan 2016, Feb, Mar... He owes…
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Thu Oct 13, 2016
Rich Reed answered:
A homeowner can't be forced to sell, except by operation of law, such as a court order or foreclosure, etc. Even though you can't be forced to sell, you may still be liable for damages, specific performance, or broker commissions. We don't know what's in your specific agreements with your broker and your buyer, and even if we did, we would recommend that you seek legal advice from an attorney.

I am a real estate broker qualified to advise you on California real estate matters, not the law. If you desire legal advice, consult with an attorney.

Best of luck!
... more
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Thu Jul 21, 2016
Derek Jones answered:
If you are using a property manager they can help you with pricing, if not you can search around for similar units and see what price they are renting for.
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Tue May 10, 2016
Sheryl Arndt answered:
Hello Cindy, be very careful with rentals these days, there are a lot of scams.

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 should study RENT vs BUY options as you may qualify to buy and pay less than rent in many local cities. You may qualify to buy with minimum out of pocket expenses and pay less than rent.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

If you decide to buy you will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ 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
... more
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Sat Apr 30, 2016
VeronicaLKing57 asked:
Wed Jul 1, 2015
Cindy Davis answered:
That's a tricky one. Normaly I would say that yes, you should pay your rent. Given however that the landlord won't return your calls and does have your security deposit, I too would be tempted not to pay. My major concern for you would be that the landlord either dings your credit or refuses to give you a good recommendation for your next rental. ... more
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Mon May 4, 2015
Jennifer Williams-Orozco answered:
Try Joyce Howard with Farmers, this is her specialty. She insured ours when our insurance dropped us because of the new fire lines. Her # is 530 320-5788. Very excellent, very responsive. ... more
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Mon May 4, 2015
Jennifer Williams-Orozco answered:
Thank goodness your friend tried to verify info for you, and you weren't scammed! There are a lot of scams out there, everywhere! It is getting huge on Zillow, trulia, and craigslist too! When in doubt.....contact a realtor, we have access to verify info. ... more
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Thu Apr 30, 2015
Derek Jones answered:
There are a few automated valuation systems online that you can use (check the link below). You can also hire an appraiser. Without someone actually seeing the condition of your house it's hard to give you a value. ... more
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Fri Apr 24, 2015
Trevolyn Haines answered:
In many areas it is usually more cost effective to buy an existing home since there are so many variables to building that can effect the final cost. The cost of the lot, any lot improvements including if the utilities are already at the property or if they need to be brought in, the permits, the plans (are you having them designed or buying pre-designed plans) or are you considering a prefab home?, what type of materials are going to be used and that is just for the building itself since many people bust their budgets on the decor items needed such as counter tops (are you going to use a laminate, granite, solid surface, or other more custom material?), appliances (a plain jane stove can start around $300 where a professional range can be $5,000), even faucets can vary wildly in price.

A good compromise maybe for you to consider a new track home.

If you still want to but have never built a home before you would really benefit from using a good and experienced licensed general contractor. This may add around 10% to the cost but it can save your sanity, marriage/relationship, time, and help stay in budget.

Best of luck.
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Mon Feb 23, 2015
Jennifer Williams-Orozco answered:
Depends on where you are seeing the photo. Was it posted on Zillow, Trulia, or is it a metrolist photo? I would start off by identifying the source(s). Once identified locate the previous listing agent who posted the home for sale. Most realtors should have the capability of taking it down at homeowners request. If they are unable try the broker of the company for additional help. ... more
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Mon Feb 23, 2015
Jennifer Williams-Orozco answered:
Hi Karie, once you have found a property you would like it is best to consult a professional to protect your interests. Most offers are written with an EMD (small check as a good faith deposit if offer is accepted) along with either proof of funds or a letter from your lender stating that you are qualified to purchase the property. After that it is pretty easy, decide the price you would like to pay, a timeline for closing and any additional things to ask from sellers. If there is a septic tank usually buyers request pumping and inspection at sellers cost. If you are purchasing an auction or bank owned property they are not likely to grant your requests for these sort of things. If you have any additional questions feel free to call or text me at 5303443322. I am also able to do paperless transactions and have you sign online from the comfort of your own home:) ... more
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Thu Jan 22, 2015
Bryn Fortmuller answered:
I have a rent to own program you can contact me at 530-308-0795 or email bryn.resource@gmail.com
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Mon Jun 23, 2014
Teri Andrews-Murch answered:
Your agent should be able to ask for multiple estimated charge sheets for you from the various companies in the area. Title insurance fees are regulated, but the escrow fees are not, so you may see variations there. I have found most of the companies in our area to be competitive and within a reasonable range of each other. Some include every "what if" in their estimate (for example a mobile notary, which you may not use and then wouldn't be charged that fee) Also will depend on your offer terms, are you and Seller splitting title and escrow or is Seller paying 100% owners Title? Then don't forget your lender fees and pre-paid impound account fees, pre-paid HOA fees all add to your closing cost bottom line.

Some Sellers have opened a pre-escrow with a company, quite common if dealing with a trust or probate to verify who has authority to transfer property.
... more
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Wed Apr 30, 2014
Bob Candler answered:
I have referred clients to Sutherland Property Management here in Auburn, they have been a good resource for finding the right rentals in the past. Their phone number is (530) 885-0664

Good luck.
... more
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