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Camp Pendleton : Real Estate Advice

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  • Home Buying1
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Activity 16
Mon Aug 21, 2017
Haudelramirez answered:
I have a contract where I pay 2,500 for rent gas and electric included! Landlord came and said the electric bill was high and she wanted me to give her $700 when we share the meter with 4 other units. If my contract states 2,500 rent electric and gas included I am not liable for the Electric Correct??? ... more
0 votes 8 answers Share Flag
Sun Jul 31, 2016
Jenn asked:
I'm curious how well a secured credit card helps with improving your score. Since most of my collections are over 24 months old, I was told I am better off getting a secured card than…
0 votes 0 Answers Share Flag
Tue Mar 18, 2014
Rebecca Kallhoff Team answered:
Good Morning!

I work with a GREAT team that expands across the country and I would be more than happy to set you up with a reliable agent who will go above and beyond to meet your needs. Please contact me today, so I can get you started on your home buying journey!

www.rebeccasellsaz.com
rebeccakallhoff@gmail.com
4802759566

I look forward to hearing from you soon!
... more
0 votes 4 answers Share Flag
Mon Feb 10, 2014
Katea Henderson asked:
iam newly single mom 3 fantastic kids 1y 2y and 9y looking to rent condo/townhome 2b 1.5 or more section 8 voucher for 2b 1370 south fire mt a plus
0 votes 0 Answers Share Flag
Wed Feb 5, 2014
JR Thrasher answered:
It's a pretty wide range. I found four currently active homes between 3500 and 4000 square feet close by that should give you a good idea of the competition. I'll put a link to them in the web reference below.

J.R. Thrasher
www.SanDiegoRealEstateVeterans.com
(619) 929-0105
RealEstate@JRThrasher.com
... more
0 votes 1 answer Share Flag
Mon Dec 2, 2013
JR Thrasher answered:
I use rent-o-meter to learn about market rents for my rental properties:

https://www.rentometer.com/

I use market insider to learn about the market around my rental properties and how it affects me:

http://www.sandiegorealestateveterans.com/mimarket/zip/92054/

and I use Metro Home Value to determine the value of the homes I own:

http://www.metrohomevalue.com/

Now you have all the resources that real estate agents use.

J.R. Thrasher
www.SanDiegoRealEstateVeterans.com
619-929-0105
... more
0 votes 1 answer Share Flag
Mon Jun 18, 2012
Ron Thomas answered:
The HOA will have their own Insurance which covers the grounds, security buildings, common buildings, roof tops for fire, theft, vandalism, accidents as well as Liability.

The residents would be responsible for their own insurance for internal fire, theft, contents, vandalism as well as their liability.

Your Lender would require proof that you had both.

Does this answer your question?
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0 votes 2 answers Share Flag
Wed Jan 25, 2012
Sinead McAllister answered:
Are you looking for a vacation rental? Feel free to contact me directly, or check out my website for Oceanside rental searches via the link below.

Thanks!
Sinead McAllister
Broker
McAllister Homes Real Estate and Property Management
858-205-5215
brokermcallister@gmail.com
... more
0 votes 3 answers Share Flag
Fri Aug 12, 2011
John Arendsen answered:
Simple solution? If you like the home. Buy it. cut the roots and branches back within your property line. End of problem. Very simple. Or you can make a lot bigger deal of it than you need to. ... more
0 votes 5 answers Share Flag
Wed Aug 10, 2011
answered:
Hi Susan, I am not working as a real estate agent; however, as a lender I can attest that trying to sell for sale by owner in any market is a daunting task. In today's market it is doubly so. In fact, I think many agents would agree that listing and selling homes is very difficult in today's market even for professionals. Part of the difficulty, of course, in that financing does not flow freely as it did a few years ago.

The suggestions for finding an agent are very good, if you decide to go that route. Which ever way you go, you want to be sure the potential buyers are pre-approved to actually buy your home and are not just lookey loos. I would be happy to create you financing flyers if you would like. Just contact me via my Trulia profile. Best of luck!
... more
0 votes 7 answers Share Flag
Tue Apr 26, 2011
Brian Flock answered:
It is neither listed nor the subject of foreclosure proceedings according to my RealtyTrac account.

Feel free to check at the link below:
0 votes 2 answers Share Flag
Tue Sep 14, 2010
Homertsimpson answered:
Hello David, I've worked with Commercial property for many years and based on my experience I've yet to find a GRM Chart for any zip code or area probably because it's a moving target based on market conditions and property type.

The basic formula to calculate a properties GRM is, the current market value divided by the annual gross income = GRM

Example: current market value = $900,000 and the annual gross income = $120,000, then you're GRM for that property would be, 7.5%. So in reverse, if you knew the GRM = 7.5% multiplied by annual gross income of $120,000 you get the value of $900.000

If you're new to the commercial side then you may or may not have heard of CAP Rates. Capitalization Rates are also used when placing a value to real estate and are usually more accurate then the GRM but both are still a moving target and can vary greatly in accuracy.

The only sure way to value commercial property is to have an experienced underwriter actually underwrite the subject property plugging in real and true numbers for comparison. I've underwritten hundreds of commercial property here in San Diego, and various other cities and counties throughout the US. After underwriting so many properties I can tell you that it really doesn't matter what the property is selling for or what anyone believes it's worth; what's important is what an appraiser believes it's worth after doing a complete analysis with Real Numbers and Historical Factual Figures based on the properties past performance. That's exactly the type of analysis I do when underwriting potential properties to purchase for all my clients, which then gives them the best possible projection as to what the true value really is for the property they’re thinking of purchasing.

So, if you really want to purchase commercial property, and would like assistance from someone who's actually underwritten hundreds of commercial property here in San Diego, you can email me at travel@cox.net and let me know you'd like further assistance.

I hope this information has been helpful.
... more
1 vote 2 answers Share Flag
Fri May 14, 2010
Melissa R Landreth answered:
If you can putting more money down or offering to pay your own closing costs might make your offer more enticing to a seller. Also, like has already been stated it is very important to have an agent who is going to "sell" you and your offer to the seller. Reo is probably a long shot as most have plenty of all cash or conventional offers already and they are looking for highest and best. ... more
0 votes 6 answers Share Flag
Sun Feb 7, 2010
Debra (Debbie) Rose answered:
Jennifer, just so you know.....since you are new to trulia.....your answer is considered to be spam - ie: self-promotion, and isn't allowed. You might want to read the community guidelines for further reference.


Also...........this question was asked back in August............2007 !!!!!!!!!!!
If you look under the question, in a lite font, you will see when questions were posted.

By now I am sure Susan listed and sold her home, and is happily living elsewhere
... more
1 vote 8 answers Share Flag
Mon Aug 11, 2008
Jacqueline Walker answered:
Hey Wayne.... The first thing you need to do is find yourself a good agent. I just helped a military family use VA benefits to get into a great bank-owned home in Vista....they had previously been working with another agent for over a year with no sucess. There are 42 detatched homes available in those zip codes that meet your general search criteria - not including those marked as short sales. Send an email to jacquelinewalker@firstteam.com and I will send you more information. ... more
0 votes 2 answers Share Flag
Fri Jun 13, 2008
Tony Cannon answered:
Hi Gracie,

As I list bank owned homes, and have worked with buyers on buying them too, I can say that most of the banks behave in similar fashion with respect to your question.

The standard CAR puchase contract has a default 3 day time to respond to an offer. This number can be changed to something else. It sounds like you have specifed a 30 day closing, but I am assuming the time to respond to the offer is still at the default 3 days. So at 5pm on the third day after you wrote the offer, the offer has offiicially expired.

In practise, this date often slips, and banks will usually do their counter offer "verbally" anyways. So negotiations are happening, but the contractual dates have long sinced passed. After "verbal" acceptance, it may take a week before the bank will sign your purchase contract and you can officially open escrow and get the clock ticking on any contractual time periods. As a listing agent or a buyer's agent, I am not happy with the process, but I guess we have to learn to live with it. In a court of law, I'm sure a buyer could challenge many of the policies and procedures banks are using in both REOs and short sales.
... more
0 votes 3 answers Share Flag
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