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Marina : Real Estate Advice

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  • Home Buying11
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Activity 18
Sat May 28, 2016
answered:
Sorry to hear about that.

I would guess there is no equity, if there is equity one of the owners could file chapter 13 and you could put it for sale. Actually wait to file chapter 13 until about a week before it goes up for auction. You do not want to file that if you do not need to.

No equity, list it quickly and try to sell it as a short sale.

The short sale will be better on your credit than the foreclosure.

I used to work in the loss mitigations for a major bank, I am always willing to consult anyone in trouble, with no cost or obligation, however any advice I give should be followed up with a licensed attorney.
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Mon Mar 16, 2015
Erwina Pattison asked:
I have a Voucher for section 8. There were two places that do take section 8 in Marina, I submits my application to these two places and one she keeps on telling me that well the person…
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Fri Dec 12, 2014
Jared Taubert answered:
Prices in Marina are continuing to steadily climb. With the growth of the CSUMB, the building projects and hard work of FORA, I don't see Marina home prices doing anything but going up in the near future. ... more
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Sun Jun 22, 2014
Ryan Rudnick answered:
I do a lot of work with an LLC that renovates homes in the bay area, so I have a fair amount of experience with this. Generally, it's not too difficult to get permits for additions, but this can depend greatly on the specific home. Like Gregory said below, there is a limit to setbacks from all sides of the property, and there is a minimum amount of outdoor space in a given property that can not be covered by the home itself.

In addition, there are height limits, and restrictions regarding how close to your neighbor's home you can build. If you're adding space into existing interior square footage that is currently not living space (garage, attic, storage room, basement etc) there generally is no problem getting a quick permit. The more complex the addition, the more difficult your permit may be.

If you'd like any more information, let me know a little be more about what type of renovations you want to do, and what home you'd like to do them on, and I'll do a bit of digging to see what I can find.

Hope this helps!
-Ryan
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Sun Jun 22, 2014
Ryan Rudnick answered:
Hello,

If you give me the address on the home I'd be happy to do an extensive search and pull up any information I can find on it (sales history, current owner, tax records, details of the property itself etc).

Feel free to contact me any time!
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Thu Jan 23, 2014
John Arendsen answered:
Franklin,

First of all not everyone chooses to PURCHASE. A lot of folks have been there and done that and are on the back nine of their lives. In many cases they've sold their family homes because their children have moved and started families of their own and they now just want to downsize and not have the burden of ownership.

Second, It's not always about not being able to afford a home. It's about preference, community and an opportunity to choose neighbors you have something in common with. There's lots of Manufactured Home communities that offer just that.

Third, It's not always about credit. I've dealt with literally thousands of folks over the past 3 decades I've been in this business who have excellent credit and lot's of money and investments. They just want to be free to come and go as they please and as mobile as possible (pun intended).

Fourth, Some folks don't like sharing a common wall with someone else. They would prefer to have a little space, perhaps a yard for their pet and a workshop to dilly dally in and work on their hobbies. Manufactured Home communities offer just that.
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Fri Jul 12, 2013
Michele Henderson answered:
Marina is a very peaceful area in general. A lot of fog though. Call me to find out more.

All the best,

Michele Henderson
Realtor & U.S. Navy Veteran
0 votes 1 answer Share Flag
Tue Jun 25, 2013
snoheen answered:
Auntybee, you are less than astute. I own my home which is worth $450,000 in Marina. The average home is worth something like $350,000 or more. How many poor people can afford that? There are all kinds of upstanding people here. You yourself are a renter. ... more
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Wed Apr 17, 2013
Annette Lawrence answered:
Yes they can...but not for what you are believing the reasons are.
What is sinking the deal is the final conditions the bank has presented to the owner. The owner is unwilling to sink a single dime more into the transaction, or the bank is not living up to the origninal deal agreed to with the owner, and may simply be offering you the option of keeping the deal alive. If you decline the offer, the deal, (and be aware, there is no good faith partner (bank) on the other side of the table) can be recinded and wait for another buyer who may or may not say, "We have a deal."
-
You can not know what is happening behind those 900 Billion dollar curtains the banks have erected.

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
http://RealEstateMadeEZ.us
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Sun Aug 12, 2012
Long asked:
Thu Jun 14, 2012
James Gordon ABR SFR SRS answered:
I never heard of such an animal. I do not think that you can get a 30 day extension on your eviction. That would damage the property owners rights and may cause them tofall behind in their payments as it sounds like you are not paying rent now.
Check with an attorney to see if you can do it.
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Sun Jun 5, 2011
Michele Henderson answered:
Hi there Jay65!

There are many homes at this time that are less than $450,000.



Best Wishes,

Michele Henderson
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Wed Jun 1, 2011
Michele Henderson answered:
Mon Jun 14, 2010
Lori Jakubowski answered:
Luis,

Congratulations! It is very exciting to own your first home. Like all the other posts, your biggest responsibility is to pay your mortgage each month, and on time. This is very important to keep a good credit score. Next, pay your taxes and insurance...which are most likely included in mortgage payment each month.

Next enjoy your new home. Remember though that a home takes regular maintenance. Keep all the major appliances in good working order. Fix itmes in the home as needed, keep your yard up, and your home well maintained. Enjoy! It is well worth the effort.
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Sat Jul 18, 2009
Empower Group answered:
Financing is the primary issue regarding lenders and institutions. Some of these projects may never materialize at all or will not materialize for an extended period of time, depending on whether we begin to see an easing of lender restrictions and some real economic growth and not false "greenshoots". The truth is that we are anticipating many more job losses and increases in unemployment and corresponding defaults and foreclosures with no end in sight. Until we see these numbers stemmed not by regulatory or artificial means, but by real supply and demand, we will continue to see major slowdowns and outright halts in building projects and developments. It will all be very interesting to see where we are 6 months down the road. ... more
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Sat Jun 20, 2009
Empower Group answered:
We have seen that Marina historically has hot and cold zones and areas where houses are likely to sell within a time window. There are some deals currently in the Reindollar and Cresent areas that you should look into. We have also seen that many Marina properties have the tendency to hold their market values better than other local cities but please be advised that the average home prices will have the propensity to decrease when more foreclosure homes flood the market, despite some of the price increases now due to investors and buyers putting in bids. Though I believe Seaside, Salinas, and a few other pockets will bear a larger burden of the new foreclosures that are coming and creating an average downward price trend, you can certainly find some great deals in Marina if you keep looking. You can take advantage of interest rates right now while they are still relatively low, and you have to be aware you may find better deals price wise in 6-12 months even with slightly higher fixed rates. Hope this has been helpful and good luck searching. ... more
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Tue Sep 23, 2008
Neil @ Trulia answered:
This would depend on how much you put down and the interest rate you receive for your mortgage. The mortgage calculator should help with figuring this one out =)
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