Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in Contra Costa County : Real Estate Advice

  • All65
  • Local Info5
  • Home Buying37
  • Home Selling3
  • Market Conditions1

Activity 1,910
Fri Jun 23, 2017
Dave Arena answered:
I used Select Us to clear up my credit before I bought my house. I went from a 563 to a 678 in 3 months. Those guys a freaking amazing.
4 votes 7 answers Share Flag
Tue Jun 20, 2017
Rich Reed answered:
Hi, Meagan. The short answer is yes, it's possible.

The longer answer is that there may be a procuring cause dispute between your old broker and your new one. Agents typically work for a broker and your purchase agreement, and other agreements, are actually with the broker not the agent. When you are represented by an agent/broker a legal "Agency" is created. Some possible reasons to seek termination of Agency could be due to the broker's/agent's professional abilities or conduct. Examples could include misrepresentations or failure to disclose, lack of knowledge with an area or type of property, being non- responsive to the client by failing to be timely or return calls, disclosures of conflicts of interest, self-dealing or negotiating skills. You should be certain that any Agency you have with your old broker is properly terminated. You should advise your new agent of the previous purchase agreement.

Many difficulties between clients and real estate professionals result from misunderstanding, miscommunication, or lack of adequate communication. If you have a problem with a real estate professional, you may want to speak with them or with a principal broker in the firm. Open, constructive discussion often resolves questions or differences, eliminating the need for further action.

If your agent is a Realtor (not all agents are Realtors), you could also seek help from the CAR Ombudsman at http://www.car.org/marketing/clients/resources/

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.

Hope this helps!
... more
0 votes 3 answers Share Flag
Sun Jun 18, 2017
Sheryl Arndt answered:
Hello Molly, many agents do not show rentals but like me can set you up for automatic daily emails to fit your search criteria. You can study both RENT vs BUY listings to compare. You would be able to secure a rental very quickly as there are many that are ready for immediate occupancy. You want to get into a month to month from the beginning if you can.

If you figure out what cities/zip codes he is considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent like myself can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

If and when you decide to buy you will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. What is the maximum rent you are looking to achieve in a rental payment?

The rentals in Walnut Creek start from $2,750 for 3bd 1.5ba 1,251sf condo and the single family home start from $3,475 for 3bd 2ba 1,556sf home.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million.

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.

Theses links should have the answers to any questions you may have on schools:
http://www.greatschools.org/
http://Www.schoolfinder.ca.gov
http://Www.education.com
http://Www.schooldistrictfinder.com
http://Www.schooldigger.com
http://www.sarconline.org/

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 1 answer Share Flag
Wed Jun 14, 2017
Justin Miller answered:
Jv2,

Personally, you have NO BUSINESS buy a home for $400k if your down payment can only be $10k. These 3% down buyers need to understand, that's in large, why our housing market collapsed! Banks has no business throwing money out to people who can only put 1-3% down on a house.

I understand times have changed and people like staying cash heavy, I get it, but jeeeeez, put at least 10% down or buy a cheaper home than $400k!!!!!!!!!!!!!!!!!!!

-Justin
... more
0 votes 15 answers Share Flag
Tue Jun 13, 2017
Claudia Muller answered:
Your contract should have a loan contingency removal date.
These dates are usually within 30 days of closing.
I would also discuss it with your agent at the housing development. They want these to close and will be happy to work with you. ... more
0 votes 2 answers Share Flag
Mon Jun 12, 2017
Sheryl Arndt answered:
Yes, yes and yes in CA you may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million.

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.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 15 answers Share Flag
Mon Jun 12, 2017
Hermey38 answered:
Sat Jun 3, 2017
Casanovamaria40 answered:
If i owe 59 thousand and my house sells for 110 thousand do i get the difference
0 votes 11 answers Share Flag
Sun May 28, 2017
Kamjam211 answered:
I would hypothesize that most homeowners wouldn't be down to pay $250/hr upfront when there's so much uncertainty as to how long it will take to sell a property.

Despite all the complaints about 6%, etc. paying nothing upfront and having someone bear all the risk of investing his/her time sounds like a pretty good deal for the seller! ... more
0 votes 83 answers Share Flag
Tue May 23, 2017
Sean.briski answered:
I'm doing the same thing, selling a house I own to my daughter. I'm using a contract I got from FSBOfish.com. I did the same thing with my son a few years ago. It's really not that complicated since I'm not worried my kids will sue me. Fear diminishes the soul. ... more
0 votes 12 answers Share Flag
Sat May 20, 2017
Spost8260 answered:
I grew up and lived here on and off since 1960. I've lived here solid now for well over 30 years. Montalvin is a close knit community. Its all working class people and always has been. Usually the people who move in stay here. We tend to look out for each other. As far as gangs, I don't hear or see anything indicating we have gangs. As far as crime goes, I can day that we have less than our share. We are so tightly knit that everyone knows everything about everyone else. However, today, 2017, we are mostly Hispanic, non-English speaking. These people tend to live in a world separate from everyone else. Still, the same rules apply...we all look out for one another. We may not closely associate everyday but we all know who belongs here and who doesn't and we still are there for each other when needed. Its an old tract, from the 1950s. The streets need repair and the homes show their age. The elementary school was recently rebuilt and we are not as isolated as we once were. But come in here from the outside and you will notice that you're being watched. We do not avert our eyes from strangers like most places. For me, there is no other place to live. This always has been and always will be home. ... more
0 votes 4 answers Share Flag
Fri May 19, 2017
Kathy Burgreen answered:
Yes you can file a lawsuit against your realtor /brokerage BUT BEWARE - realtors pay annual fees for legal protection. Also the situation that you believe is illegal may not be. There are many issues that realtors are allowed to do legally. It may be ethically wrong but it is legal. ... more
0 votes 1 answer Share Flag
Tue May 9, 2017
Sheryl Arndt answered:
Hello Andrey, yes we offer 20% down hard/private money loans with great credit.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 9 answers Share Flag
Mon May 8, 2017
Donald D. Hensel answered:
A $750,000 purchase with 30% down is possible BUT the borrower must be able to verify their income (W2s or tax returns) and remain below a certain debt to income ratio if the property is going to owner occupied. This required due to current federal regulations and even hard money lenders must comply. https://www.northcoastfinancialinc.com/hard-money-lenders-california/vallejo-hard-money-lenders-loans/

There are not many hard money lenders in California able to provide owner occupied hard money loans but North Coast Financial is one.
... more
1 vote 16 answers Share Flag
Mon May 8, 2017
Petula.patrick answered:
there is a corner property with a fire hydrant on the outside corner of the property. Ive always been told having a hydrant around the house area is not a good idea... is that a huge concern? ... more
0 votes 10 answers Share Flag
Wed Apr 26, 2017
Susie Kay answered:
No one can tell you whether it is good time to purchase or not as everyone's situation is different. What motivates you into purchasing a home? Do you need a loan or are you paying cash? If you need a loan, have you talked to a lender?

I would suggest that you pick up the phone and call a local realtor to assist you.
... more
0 votes 2 answers Share Flag
Sat Apr 22, 2017
Amy Seng asked:
We're considering putting an offer on a home in a seismic hazard zone (El Cerrito hills). We had the home inspected by a structural engineer who says it is in pretty good shape in terms…
0 votes 0 Answers Share Flag
Thu Apr 6, 2017
Susie Kay answered:
It's up to you whether you'd like to hire an agent to represent you or not. There's always pros and cons on every transaction.
0 votes 5 answers Share Flag
Wed Mar 22, 2017
vleaver58 asked:
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

195