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Home Buying in Corning : Real Estate Advice

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  • Home Buying8
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Activity 8
Sun Jan 29, 2017
answered:
Hello Marco, the single family homes in 96021 zip code start from 159k for 3bd 2ba home. Are you looking to pay cash or do you need financing?

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
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Wed Oct 2, 2013
Michael Moller answered:
The price range of home sales in 2011 for 3 bedroom 2 bath homes ranged from $75,000 to $135,000. To give an accurate answer more detail is needed i.e. address of subject property and purpose of needing a value from 2011. 2012 was the year of stabilization. 2013 is now seeing appreciation in home prices. ... more
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Sun Sep 29, 2013
Suzanne Staley answered:
HI,

I am a Sacramento County Realtor and own investment property in Corning. How did your venture work out for you?

Best regards,

Suzanne Staley, Realtor
916-850-5082
Intero Real Estate Services
BRE#01864698
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Sun Feb 10, 2013
John Arendsen answered:
You really should start with the park manager of the park/communities you are interested in. You will have to fill out an application and be approved by them before you even make an offer on a manufactured home in a rent/lease park/community.

I would definitely make sure about the year the MH was built. Have the RE agent show you proof via registration info. Be wary of any manufactured home built before June 15, 1976 as they are "PRE HUD" homes and will be very difficult if not impossible to finance. Additionally many if not most PRE HUD homes were built using caustic and carcinogenic chemicals i.e. formaldehyde and asbestos.

But before you purchase any manufactured home you should have the home inspected by an experienced manufactured home inspector and not just any home inspector.Make sure the home is level and that the pier and pad assemblies are in good shape.

Be sure the vapor barrier and insulation are in tact and not ripped, torn or lying on the ground. Have the inspector look for drainage issues i.e. standing water, soil erosion, expansive (clay soil), rusted and deteriorating piers and dry rotted or decomposing wood pads supporting the piers.

Most importantly make sure the home has an approved set of Earthquake Resistant Bracing (ERBS) installed under it as much of California is in a Zone 4 seismic area:

(http://www.google.com/search?q=seismic+zone+3+map+for+califo…)

Feel free to contact us should have any more questions: 800 909-1110, Cell: 760 815-6877. Email: onthelevel@cox.net. Or log onto any of our very user friendly websites:
http://www.mh-processing.com
Web Reference: http://www.onthelevelcontractors.com
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Thu Sep 29, 2011
Genine Johnson answered:
There must be more to the story, if you work with a local agent, they can help you research the property to find out what is really going on with the property.
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Thu Sep 29, 2011
Genine Johnson answered:
Thu Sep 29, 2011
Genine Johnson answered:
In most cases the lender will provide a cook stove, since it has to be a functioning kitchen. Write it into the offer for the REO Seller to provide in escrow. The banks will reduce the properties every 30 days that there is no offer. I would not be afraid to submit a lower offer than they are asking. They are looking at their bottom line. Make the offer what is the worst that they can say "NO" ... more
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Sun May 16, 2010
Grace Hanamoto answered:
Hello Coprtop and thanks for your post.

In California, there is not a redemption period after sale. Once completed, the sale to a bonafide third party is final. The only recourse the previous owner has in the event of an error is usually a lawsuit against the bank. However, for the best and most accurate legal opinion, please discuss this matter with a qualified real estate attorney in your area.

Sincerely,
Grace Morioka, SRES
Area Pro Realty
San Jose, CA
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