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Home Selling in Fairfield : Real Estate Advice

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  • Local Info13
  • Home Buying54
  • Home Selling8
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Activity 11
Thu Dec 29, 2016
Scott Godzyk answered:
It depends how you set up your listing contract. In most cases other agents contact the listing agent direct to show. If you hire a discount broker, most likely other agents will contact you. Ask your listing agent is the best advice and tell them how you want it to be ... more
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Thu May 22, 2014
Kathy Luebcke answered:
Hi Deborah - as long as you have owned your home for 2 years you each get a $250,000 deduction so that means no capital gain on your home if you cash out equity up to $500,000.

You can pay off any debt with your net proceeds. Depending on the value of your home and equity I could help you decide whether to rent or sell.

Deciding what to pay off first typically is determined by which debt has the highest interest rate. Payment is also a factor. The market has picked up sufficiently so that selling may be your best choice! 707-280-5753
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Thu May 22, 2014
Kathy Luebcke answered:
Hi - Market values have significantly increased since you asked this question - it may be worth getting a complimentary market analysis. In some cases the values are close to the peak. Eastridge is doing well with homes selling from 800K to $1.69M plus on a typical sized lot. Homes with acreage are going for more. This area and interest has picked up do to the great schools and beautiful wine country on both sides. Most recently Gallo purchased a winery in Suisun Valley and Caymus who produces a world class cabernet recently both vineyard land in Suisun/Green Valley. I would be happy to provide a complimentary analysis for you. I live and work in the area and have sold homes in East Ridge and Rancho Solano! 707-280-5753 or shownapa@yahoo.com ... more
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Fri Jan 24, 2014
Debra Longwood answered:
Jeez. Monica, give me a call. I own my own brokerage and would be happy to sell your home for you as a short sale - no problem. I own my own firm, answer to no one but myself and my customers and the State, and I'm a highly skilled short sale broker, not an agent, which means I'm your gal. I have done many short sales for my clients. They pay nothing toward the transaction. It gets you out from under your mortgage - clean. My clients in the past have taken a small, not long lasting hit on their credit score. There are never any guarantees (because we're dealing with your lender!), but I have never had a dissatisfied short sale client. My record the last few months has been two months to complete the short sale from start to finish. Short sales run more smoothly than ever these days. Give me a jingle. :) ... more
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Mon Jun 27, 2011
The Annette Davis Team answered:
I am having problems with Cooperative Short Sale Department and half the time the number is not in working order. If you have Office of the President / CEO of Bank of America phone number, please share with me.

I would really appreciate it.
annette davis,
Prudential Georgia Realty
... more
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Wed Feb 9, 2011
Sameer Punjani answered:
I think some of the factors you mention maybe negatives to some people, but positives to others. Some people don't want to deal with maintaining the yard. You probably have to look at other factors like price compared to other homes in the area. 94534 in general is a desirable area of Fairfield.

Here are a few links to help you..

Sales Data for Homes in 94534, with lot sizes of 1,500 to 3,000 sqft, between 1/1/10 - 12/31/10

http://tinyurl.com/4cujnoo

Thanks,

Sameer Punjani
Broker / Owner
mygpsAgent.com
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Tue Feb 8, 2011
Investor answered:
Hi Melanie,

I'm an investor in Vallejo. I'm interested in buying a short sale property. I work with an licensed agent that truly understands short sales, all the ramifications, and can put the transaction together. You really need to be careful with ... more
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Fri Jun 25, 2010
Keith Sorem answered:
Very good answers below, particularly the one that suggests talking with a CPA.
The truth is that you have an obligation. If you want to sell your home for less than your owe, you still owe the money. A lender may allow you to sell for less than you owe, however you will receive a 1099 for the difference, which will include closing costs.

California has special laws regarding this, so talking with a CPA is important. And if you need legal advice, talk with an attorney.
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Fri Jun 25, 2010
Karin Carr answered:
I hate when agents say, "We can stop the foreclosure." They are making promises they can't keep. They can TRY to stop the foreclosure but they cannot guarantee anything. Don't listen to anyone who guarantees they can stop your foreclosure and by the way, it is ILLEGAL for someone to charge you money up front to do so.

Is your home listed for sale as a short sale? If yes and you have an offer submitted to the bank for consideration, you may be able to postpone the foreclosure. No guarantees though. I sell a lot of bank foreclosed properties and most of the time those homeowners were trying for a loan mod or doing a short sale at the time of the auction.

Bankruptcy only seems to delay the inevitable. You could declare BK and lose the house three months later. Great - now you have a BK and a foreclosure on your record. Talk to a real estate attorney and get advice before you do anything.

In summary - the loan modification process does not stop a foreclosure and neither does a short sale in the works. Bankruptcy might buy you more time but it doesn't seem to be a long term solution from what I've seen. Making your house payment is the only surefire way to prevent foreclosure.

If you are considering a short sale to avoid foreclosure call a qualified Realtor and get someone with a lot of experience doing short sales to help you.
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Tue Mar 23, 2010
answered:
Wow, bail bonds too? In a short answer, any title issues must be cleared before the home can be sold. Hope that helps, Jim
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Mon Jun 9, 2008
Mary Storer-Sanborn answered:
Hello Mark! Your question is best answered by an Attorney who specializes in Probate, like Attorney Jim Storer 203-270-0772 or Anne Ragusa in Newtown, CT, and until the property has been properly probated by the Probate Court, it can slow things down. I would encourage you to call them for specific answers-keep in mind an attorney would also handle the real estate contract in CT and guide you through this process.

All the best!
Mary
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