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Home Buying in La Jolla : Real Estate Advice

  • All163
  • Local Info3
  • Home Buying27
  • Home Selling2
  • Market Conditions6

Activity 38
Walter 'Skip'…, Real Estate Pro in Brea, CA
Wed Oct 26, 2016
Walter 'Skip' Kersten answered:
The home last sold in 2012 for $14,000,000. There is a significance difference in square footage between the information in the MLS and the tax records. Without knowing the size of the home it is difficult to answer your question.
Good luck,
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0 votes 1 answer Share Flag
,  in
Wed Jun 1, 2016
answered:
California the property tax is usually 1%. Call the county recorders office and get the exact number or the lender will try to collect 1.25%. It could be the taxes are higher too, then the lender will not be collecting enough and it is actually worse. Because a few years later you end up with a big shortage.

I call the county and get the correct tax rate for all my real estate and mortgage customers so the do not pay too much nor too little.

If you are going to buy a house, I would love to compete for your mortgage.My rates are among the lowest around most of the time.

714-968-2500

lic 287206
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0 votes 2 answers Share Flag
Claudia Mull…, Real Estate Pro in Fremont, CA
Wed Jan 6, 2016
Claudia Muller answered:
The estimated value on these sites are based upon transferred titles on public records.
If there is a property in your comparable area that has recently transferred as a result of a foreclosure or a short sale (lower value), then these sites are going to put those values into the calculation for a straight average price.

An appraiser and a professional real estate agent are going to take those properties and put them 'aside' from the valuation process.
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0 votes 3 answers Share Flag
Ruth and Per…, Real Estate Pro in Los Gatos, CA
Wed Nov 4, 2015
Ruth and Perry Mistry answered:
You have an un-enforceable contract.

A contract should have a start date and an end date.

Good luck and give us a call when you are ready.

Perry
0 votes 4 answers Share Flag
Sally Grenier, Real Estate Pro in Boulder, CO
Mon Jul 27, 2015
Sally Grenier answered:
Ah ha! There's more to the story. I agree with Cindy. Yes, you could owe the Realtor a commission. Sounds like he wants it, and it sounds like he has a very good case for procuring cause. Especially now that you're posting details on a public website, acknowledging that you DID go around him! If you really want the house, you might talk to the seller and see if you and seller can both come up with $$ to pay his commission. Or terminate the contract and move on.

This is a great example of why buyers and sellers really need to be fully informed about ALL ramifications when entering into a legally binding contract.

Good luck!
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3 votes 4 answers Share Flag
Cindy Davis, Real Estate Pro in San Diego, CA
Thu Jan 8, 2015
Cindy Davis answered:
I'd be glad to look up any properties that you want sold values on.

Cindy Davis, Broker, E-Pro, SFR
SD Home Source Realty
Phone (619) 379-8616
E-mail: cindydavishomes@gmail.com

Website: http://www.1sandiegohomesales.com
BRE: #01363537
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0 votes 1 answer Share Flag
homebuyer, Home Buyer in Reading, MA
Mon Sep 8, 2014
homebuyer answered:
Sorry to hijack this thread but we have a similar situation --

We saw a house in Open House and asked our Buyer Agent (no contract only representation) to write an offer. Offer was not accepted. We made offer for another house (again we saw in OH). This was a Owner Sale and Owner offered 1% commission. Our Agent insisted for 2% and the deal fell off ( we learnt about all these from the Owner after the deal fell off).

This made us upset. I think she should have told us that seller is offering 1% and she would not work for that. We told her we will not be buying anything.


Few days later, we went back to the first house directly through the Sellers Agent, negotiated further and offer is accepted. The Selling Agent has now added the following in the P&S -- "Buyer represents and warrants there are no other broker with whom Buyer has dealt in connection with purchase of the premises ". I am suspecting this will be a lie and our earlier Agent might come after us for commission . Please advise

Remember, our agent did not show us any of the property , just wrote offer.
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1 vote 24 answers Share Flag
Daniel Rascon, Real Estate Pro in Beverly Hills, CA
Fri Aug 8, 2014
Daniel Rascon answered:
Hello,

Better late than never but I know of three sellers that would be willing to carry paper with that down payment. If your client are still in the market then I have options for them.

(858)-736-1516
danielrascon@coastalpacificre.com
BRE 01929415
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0 votes 9 answers Share Flag
Rebecca Marv…, Real Estate Pro in Palmdale, CA
Fri May 2, 2014
Rebecca Marvel answered:
I would also suggest that you ask for as little as possible - no contingencies, nothing - if you can. You want your offer to be as sweet as possible. Even if you're not the highest in price you can still be the best offer by limiting any concessions. ... more
0 votes 4 answers Share Flag
Kristin Bene…, Real Estate Pro in La Jolla, CA
Thu Apr 24, 2014
Kristin Benedetti answered:
Yes. Please visit my website at www.lajollaluxuryhomefinder.com and leave me your info in the Contact Form and I will send you all pictures of the property, all of the details you need about this community, HOA information, and if you would like we can schedule a time to visit this property and others in the area you might be interested in, at your convenience. Welcome to La Jolla!

Sincerely,

Kristin Benedetti
Berkshire Hathaway HomeServices
California Properties
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0 votes 5 answers Share Flag
Nikole Carte…, Real Estate Pro in Coronado, CA
Mon Apr 21, 2014
Nikole Carter-Curtis answered:
It sounds like the due diligence was not done upfront to determine the actual bank payoff and/or the seller was not completely forthright with the listing agent. As mentioned in comments before, the bank ultimately has the final say in what they will accept. My experience has been a skilled negotiator - like myself - can often get the bank to reason if what they are willing to accept cannot be justified - i.e. major damage, incorrect values given, etc. ... more
0 votes 6 answers Share Flag
Steven Roman…, Real Estate Pro in San Diego, CA
Fri Jan 31, 2014
Steven Romanoff answered:
Tony:

I am a broker and an attorney who has practiced in La Jolla for 25 years. I have handled many purchases over the years.

Have them contact me at:

Steven M. Romanoff, Esq.
LJLAW, APLC
1150 Silverado Street, Suite 203
La Jolla, CA 92037
(858) 551-5542
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0 votes 4 answers Share Flag
JR Thrasher, Real Estate Pro in San Diego, CA
Wed Nov 20, 2013
JR Thrasher answered:
Did you click on the interactive map that Trulia provides on the listing?

J.R. Thrasher
www.SanDiegoRealEstateVeterans.com
619-929-0105
0 votes 7 answers Share Flag
Melissa Mate, Real Estate Pro in La Jolla, CA
Mon Nov 18, 2013
Melissa Mate answered:
A lender would estimate your taxes in 92037 as 1.25% of the purchase price. It depends on what type of loan you are getting, but many will require the set up of an escrow account with the lender where you are paying your property tax monthly as part of your mortgage payment. So $8,125 monthly is about $677/mo towards taxes ... more
0 votes 7 answers Share Flag
The Stephen…, Real Estate Pro in Portland, OR
Tue Nov 5, 2013
The Stephen FitzMaurice Team answered:
If you had an appraisal done - that is their job. If you didn't, you can usually order one after the fact for your own information.
0 votes 11 answers Share Flag
John Arendsen, Real Estate Pro in Leucadia, CA
Sun Sep 8, 2013
John Arendsen answered:
In our business we have access to the best home inspectors in the business. Please feel free to contact us anytime: 760 815-6977. onthelevel@cox.net
0 votes 7 answers Share Flag
Alexander Pf…, Real Estate Pro in San Diego, CA
Thu Aug 8, 2013
Alexander Pfleger answered:
I wanted to thank you all for your answers! Not sure why the question keeps popping up but I appreciate the responses.
0 votes 10 answers Share Flag
Jay Becker S…, Real Estate Pro in La Jolla, CA
Thu Jul 4, 2013
Jay Becker Sotheby's answered:
Choose an agent that shows genuine interest in your success and does not shun you away because your price range is low.
0 votes 6 answers Share Flag
Jay Becker S…, Real Estate Pro in La Jolla, CA
Thu Jul 4, 2013
Jay Becker Sotheby's answered:
Generally Mt.Soledad sits above and looks over the fog. It is a bit warmer, but often sunnier.
0 votes 5 answers Share Flag
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