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Investment Properties in Concord : Real Estate Advice

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  • Home Buying105
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Activity 2
Sat Aug 10, 2013
Yoann Baral Baron answered:
Hi Kace,

You should talk to a mortgage specialist about it. Every situation is different unfortunately,

For investment properties, there are a lot of factors to consider:
-The property itself
-the amount of money you can put down
-your personal financial statement

...

Talking to a mortgage broker is usually free and with no obligations. Give it a try!

Good luck.
... more
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Tue Jul 30, 2013
Judy Masters answered:
Each home requires a unique look at the particular home. Location, location, location still remains one of the primary elements in valuing a property. The area of Levee Rd. in Bay Point would likely rent for less than a comparable home in Antioch. The issue with “Zestimates” is only raw data is considered and the analysis for the specific home is not fine-tuned. Currently prices have been rising due in part to many cash investors. The best way to get a true analysis is to hire an appraiser which could cost a few hundred dollars but for a free comparative market analysis your best support will come from an agent willing to do a free analysis. These still are ballpark until the agent has actually visited the home but should be closer than a “Zestimate.

Properties are currently experiencing a high demand and there is low inventory so the dynamics of “supply and demand” comes into play and prices rise.
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