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94544 : Real Estate Advice

  • All22
  • Local Info3
  • Home Buying9
  • Home Selling2
  • Market Conditions1

Activity 16
Thu Dec 8, 2016
Derek Jones answered:
Nope, that's how they make money. They sell those advertising spots to agents.
0 votes 1 answer Share Flag
Fri May 29, 2015
Kelly Pessis answered:
I am not sure of the question, what is your concern? Disclosure of which units are section 8 followed by a tenant estoppel cert in escrow is what you need to do procedurally. The new landlord will have to abide by whatever rent stabilization and section 8 rules he/she inherits. ... more
0 votes 2 answers Share Flag
Fri May 29, 2015
Christopher Fritts answered:
Contact a local real estate professional in the Hayward area who can assist you.
0 votes 1 answer Share Flag
Tue May 12, 2015
Tony Grech answered:
All 3 of you would need to go on the loan, because you cannot receive a gift for the down payment on an investment property. So as far as the interest rate goes, it would be based off the LOWEST of the credit scores between the 3 of you. Between you 3, you might want to draft up some sort of ownership agreement to specify who is entitle to what. Talk to a CPA or attorney for this. I believe this agreement could also dictate who is responsible for what and how all taxes would be split.

But even though everyone trusts one another you should still have a lawyer draw up an agreement. Better safe then sorry, because a lot of friendships and marriages are tested when there are large amounts of money involved.

Good luck!
... more
0 votes 2 answers Share Flag
Wed May 7, 2014
Randy and Vicki Biehl answered:
That's all going to depend on the loan amount and the region of the Country. Here in SW Florida we have only a hand full of banks that will lend on mobile homes and there are minimum loan amounts and restriction on the age of the home. ... more
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Fri Sep 13, 2013
The Medford Team answered:
CityLift is a great program, but does have a few weaknesses as well:

1. Like any government program, CityLift has condition requirements.

2. The timeframe required to close can be a bit longer.

3. Most listing agents have never heard of CityLift and are reticent, after receiving multiple offers, to accept offers with CityLift funds.

4. Offers with CityLift funds are considered less than ideal by listing agents who DO understand the program - there are a lot of moving parts - especially when coupled with CHDAP, Section 8, CalHome or other programs.
... more
1 vote 1 answer Share Flag
Fri Aug 24, 2012
Dawn Rivera answered:
Hi Dungloan, I have a good friend who has been a mortgage broker for over 30 years and if you would like to contact her let me know i will forward her contact info to you....Dawn
0 votes 4 answers Share Flag
Thu Aug 9, 2012
Jesse Crum answered:
Sure, you have your seventeen day contingency period that starts when your offer is accepted by the seller. Typically you have three of these contingencies that you would normally sign off on within those seventeen days. One is the loan contingency, two is the appraisal, and the third is the pest and property inspection. Al of these need to be met to your satisfaction as well as your lenders. Any one of these is a loop hole for you to get out. ... more
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Thu Jul 26, 2012
Pacita Dimacali answered:
Never base your offer price on the list price. The list price is merely a starting point, and it all depends on what the bank/agent uses as a pricing strategy.

Some will price the property aggressively and artificially low to attract attention
Others will price it with a little "padding" to allow for negotiation with low offers

Best that you engage a realtor to help you by getting comparables to determine the fair market value of the property. Then use THAT as to guide you in writing an offer. For example, if the property is priced well but hasn't received any offers, then you may want to offer a bit less.

But if your market is hot, hot, hot....you yourself may want to write an aggressive offer to be more competitive in a multiple offer situation.

If you're working with a realtor, put your realtor to work for you by getting you those comps. If not, give me the address of the property and I'll try to help.
... more
0 votes 3 answers Share Flag
Wed Jul 25, 2012
dungloan1998 answered:
You could go to these website to see if what you are looking for around this area.

http://www.neighborhoodscout.com/
https://www.crimereports.com/
http://www.homefair.com/

It will tell you about neighborhood. ... more
0 votes 2 answers Share Flag
Mon Apr 30, 2012
Pacita Dimacali answered:
A property owner may add anyone on title --- it doesn't matter if the other person is a relative or not.

Adding your name on title doesn't mean you're also on the loan. If the property owners got a loan to buy their property, only the people whose names are on the loan are responsible for that loan repayment, etc.

Unless property owners and the other names on title decide to refinance -- then all of you can choose to have all your names on the refinancing loan making you all responsible for the loan.
... more
0 votes 9 answers Share Flag
Sun Mar 14, 2010
Anna M Brocco answered:
Do you have a lease in place, if so you may wish to have an attorney specializing in real estate review it, most professionals do offer a free consultaion. Without a lease, there may not be much that can be done. ... more
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Fri Feb 19, 2010
Jose Diaz answered:
JG. Let me know if you still need short sale advise. My office in Fairway Park in the 94544 zip code. I specialize in short sales and have7 short sales in the 94544 zip code currently.. If you are still in need of experts advise I am here to help. ... more
0 votes 3 answers Share Flag
Wed Nov 5, 2008
Serena Russell answered:
Hello Dee,

Let me know if you are interested in homes in Hayward. There are many choices in this price range, however I must caution you that some homes are not in move-in condition. The builder of the home that you are inquiring about is Silvercrest; they are out of south bay, and quite well known. Generally speaking, a manufactured home can give you a better value for your money and a much newer home with current upgrades. Some of them even include new appliances, full landscaped and sprinklered front and back yards.

I just sold a manufactured home (like this one) in Hayward. Let me ask you. Are you looking to buy in the next 3 months? Have you just started your search? What have you seen so far?

I work with buyers like yourself on a daily basis. I am easy to reach. I would be happy to assist with your search and answer your questions. I can meet at your convenience.
Take care.
Serena
... more
0 votes 2 answers Share Flag
Sun Aug 24, 2008
Charles answered:
1. Once you've been accepted by the landlord as a tenant you can explain your (justifiable) concern to your new landlord as ask to be allowed to contact his lender to determine the standing of his note. No, he's not obligated to give you the information, but if he's current, why wouldn't he?

2. You can visit the County Recorder's office and ask a clerk to help you determine if a Notice of Default has been recorded against the owner.

3. If the property is in Alameda County, you can visit thefollowing link and perform a search on the owner's name to see if a NoD has been filed against the owner: http://rechart1.acgov.org/search.asp?cabinet=opr

Be aware that the loan may not be in the owner's name. It may be in a business name, the name of a trust that may make it almost impossible to check. Your best bet is to discuss your concern with your new landlord.
... more
0 votes 3 answers Share Flag
Sat Aug 23, 2008
The Hagley Group answered:
Do you know for sure the home is in foreclosure? Have you tried asking the owner for a refund? I would think small claims court is your best bet if they refuse. Good luck!
0 votes 4 answers Share Flag
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