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Market Conditions in Concord : Real Estate Advice

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  • Home Buying107
  • Home Selling10
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Activity 9
Thu Feb 12, 2015
Curt Bulloch answered:
In addition to the knowing the CAP rate, know what the insurance cost will be, this will help you with your break even point on cash flow. Having the correction insurance coverage to protect your investment is important, have at least $ 1 Million in liability coverage and coverage for loss of income and rents, plus wrongful eviction. We work with many carriers to find the best coverage for the right property. ... more
1 vote 2 answers Share Flag
Mon Aug 11, 2014
Mai asked:
This question was asked from http://www.trulia.com/property/1079836230-3043-Wildwood-Dr-Concord-CA-94518
0 votes 0 Answers Share Flag
Wed Apr 2, 2014
answered:
I see this post is an old post. If you were to ask today, the inventory levels have decreased because much of the distressed housing has worked its way through the market. With better weather coming, and Summer, the market should improve. Interest rates are increasing so if you were looking for a key moment to jump in, now would be the time. Hope this helps. ... more
0 votes 6 answers Share Flag
Mon Jul 23, 2012
Monika Luedtke, Walnut Crekk, Ca asked:
This question was asked from http://www.trulia.com/homes/California/Concord/sold/2974758-1450-Bel-Air-Dr-102-Concord-CA-94521
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Tue Jul 17, 2012
Pacita Dimacali answered:
This property is still available for sale, with price reduced from $349K to $325K

It's currently offered as a short sale

Listing agent said that buyers should offer at least the list price, and should be willing to wait up to 60 days (very common) to get answer from short sale lender

Looks like they have two loans on the property, both with Washington Mutual, now with JP Morgan who posted Notice of Trustee Sale (foreclosure at auction) back in April 20....It's possible the bank gave extension for sellers to find buyer.
... more
2 votes 1 answer Share Flag
Tue Jul 28, 2009
Erica Starkey answered:
Colleen,
There are a number of areas both in and out of Concord I would suggest given your price range and where you work. We have worked with a number of first time home buyers and would love the opportunity to help you. I also have young kids so I understand how important finding the right schools and neighborhood can be.

I can also recommend a great lender if you need to get preapproved for a loan. Please feel free to check out http://jscarealty.com/mls-search-c10346.html for the most recent property listings. I look forward to hopefully working together.
Best,

Erica

Erica Jones Starkey
Broker, Co-Founder
DRE# 01503540
JSCA Real Estate Group
Providing Superior Solutions for Your Individual Real Estate Needs
www.JSCArealty.com
office: 925.989.1613
fax: 925.905.2417
... more
0 votes 8 answers Share Flag
Tue Jul 14, 2009
D & G answered:
I like Concord I am thinking about moving there myself. I found this neighborhood in North Concord called East Sun Terrace. They a have an informative website all about the neighborhood eastsunterrace.org. The site was up to current, that’s always a surprise.

My wife and I took a drive around and it’s an established older neighborhood. The neighborhood has a very nice trail that goes to the North Concord Bart its completely walking distance. We talked to some neighbors, who seemed really nice, they all said the neighborhood was quite and safe and liked living there. Its also walking distance there is a very nice neighborhood shopping plaza, downtown concord is 15-20 minute walk via a trail, so is are a couple of parks and a hospital.

My daughter starts school next year and the Elementary school is Holbrook. I talked to the principal Mrs Dasho and she mentioned that East Sun Terrace is an amazing neighborhood that is a huge part of the school. I have never heard accolades come from the principal about a neighborhood. She doesn’t live there, I asked.

The only problem is that when I was looking up some properties in the neighborhood, it kept saying these places were in Holbrook Heights,…..but I think that was because the agents don’t know the area very well and many don’t do their homework.

Future neighbor
... more
0 votes 7 answers Share Flag
Mon Jun 30, 2008
Barbara Wilson answered:
If the kitchen is missing, or there are significant problems (like you said, $20,000?) have your agent check out the possibility of a renovation loan. Wells Fargo offers them, and some other banks do too. Basically, they lend you money based on the fixed up price, and but you pay the seller the original agree-upon sale price. The difference is paid to your contractor as the renovation work is completed. Good Luck! ... more
0 votes 17 answers Share Flag
Wed Feb 27, 2008
Marston Myers answered:
Ok everybody....time out! Flores lives in Concord, NORTH CAROLINA, not Caaalllleeeeforrniaaa! (Sorry that is the way Gov. S says it).

FYI
0 votes 4 answers Share Flag
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