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Mariposa : Real Estate Advice

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  • Home Buying6
  • Home Selling1
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Activity 13
Tue Aug 2, 2016
Remoteview08 asked:
I spoke to one your agents; who informed; you don't except section eight; yet' your a listed as excepting section eight vouchers' " are you discriminating? I'm my…
0 votes 0 Answers Share Flag
Thu Nov 12, 2015
Cindy Davis answered:
It is always best, and advisable for a home buyer to have their own buyer's agent. This is a glaring example of why buying from the listing agent is a bad idea.
0 votes 2 answers Share Flag
Thu Nov 12, 2015
Offherrocker answered:
You might try the Mariposa county office of Records....All sales are subject to Reconveyance of title and needs to be recorded.
We just encountered the same problem, the home we are purchasing had a clouded title from the estate of previous owner. The same real estate broker handled the deal but did not have any of this info on file. This occurred 2 yrs ago. our daughter in law entered into contract to purchase and not until we had become coborrowers and asked questions did we find out the problem. We did an extension so they could clear the problem. We refused to go forward until they had clear title and had notification with copy of recording.
Good luck. Mariposa County has a lot of clouded ordinance issues that can be a problem if trying to resale property. Check out the ordinance on Septic tank Leach line and Well rules.
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Sun Apr 27, 2014
Bill Eckler answered:
This depends on your personal circumstances including your current credit condition. Usually, lenders will look at you again in two years...give or take.

Bill
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Sat Feb 15, 2014
Anna M Brocco answered:
Why rely on others' opinions, why not take the time and visit more than once; check out shops, dine at local eateries, perhaps chat with area residents, etc.; see and hear all firsthand.... ... more
2 votes 3 answers Share Flag
Fri Feb 14, 2014
answered:
The average for CA is 30-45 days for this time of year going into the hot spring market. Just email me if you have any further questions.

Alex Greer
Loan Officer
NMLS #1056079

http://www.TheMortgageOutlet.com
408-352-5147
AGreer@TheMortgageOutlet.com
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0 votes 2 answers Share Flag
Wed Oct 16, 2013
My NC Homes Team answered:
You don't, the bank does and if they cant' my advice to you is to walk away form the deal and not assume their problem. You need to bear in mind that the municipality where the property resides has every right to force the owner of the property to re-do all the work to conform to today's codes, even if the work met the codes at the time the work was done. Before I would even consider doing this I'd want the town or city building inspectors to come out and tell me exactly what they would require to issue a permit so you have a very clear understanding of what it's going to take; then it's a matter of evaluating the risk versus the reward.

Buyers still mistakenly believe that buying foreclosures is a way to get a deal, with more than 25 years of experience buying, selling, and flipping homes I can assure you that less than 1 in 200 is actually a good deal. I've attached a link below for more information on foreclosures which I hope you find helpful.
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Wed May 1, 2013
Tolley Gorham answered:
Hi Deaan,

The Rental Network is the largest and oldest Property Management company in the county. Check out their website at www.therentalnetwork.net. They allow the owner to see everything about the property, including copies of leases, maintenance orders and more through the website so you have access to your information 24/7, worldwide. Tenants can pay through the website, and your payments are placed directly into your bank account. They make your life easy. ... more
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Tue Nov 6, 2012
Tolley Gorham answered:
There are areas within Mariposa County where the only option is some type of satellite based Internet connection, but most of the more populated areas have relatively good access. Cathey's Valley and Hornitos have recently been treated to upgraded broadband service. Anywhere else in the county that is served by Sierra Telephone usually has good DSL service, and it is getting better. As you drive around the county, be on the watch for the crews using the horizontal boring equipment putting fiber optic cable in place. There's a lot more of it out there everyday. ... more
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Tue Nov 6, 2012
Tolley Gorham answered:
Short sales are probably more widely used than most people think. The real determination is made by the lender. I have even seen sellers of investment properties accomplish a short sale. It's all about preparing the lender required documentation and being prepared to follow through with the lender's procedures. Seek out an agent who has actually been through the process a few times, and you will find the journey will generally be a smoother one. ... more
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Tue Nov 23, 2010
Terri Vellios answered:
http://www.foreclosurelaw.org/California_Foreclosure_Law.htm

This link may answer your question. Foreclosure law and right of redemption in California is different than other states. So I caution you to read up on California Law instead of relying on out of state responders if they are not familiar with our laws here in California.

The law here is very specific. A Notice of Default is recorded, It must be Posted and notice given in the paper. Your have time lines to follow.

You may want to try to work something out with the owner, perhaps pay the taxes and add it to the loan and work out a re-payment schedule. Check that they have maintained home owners insurance as well naming you as additionally insured.

Good luck.
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Sun Apr 25, 2010
Pacita Dimacali answered:
Sarah

Go ahead and open escrow ---- more evidence that both parties have reached an agreement subject to lender approval.

Although your initial deposit will be transferred into an escrow account, as long as you don't release your contingencies (buyer investigation, loan appraisal, loan approval) you can back out and get your initial deposit back, or in case the short sale isn't approved.

If the listing agent has told your agent that the lender has approved the short sale, document your conversations or communications which are driving your decision to open escrow.

Good luck!
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1 vote 3 answers Share Flag
Fri Nov 6, 2009
Emily Erekuff answered:
Hi Mia,

The source for this listing is Postlets and they still show the old listing price of $625,000 on their site:

http://www.postlets.com/res/2897326

If you make sure that this price is updated on Postlets it should update on our site automatically once they include the new price in the data feed they send to us. However you have a few other options available to you that will also correct our display.

Since you are a Trulia Pro subscriber, you can select which source of listing information we use for each of your listings. For this property, we receive listing information from two other sources that appear to show the updated price. If you would prefer to use on of these other sources for our listing display, access the My Listings section of your account via the link below and select the option to 'Edit listing details'. Then select the option to edit the Listing Source and you'll be able to make the change.

Please be sure to let us know if you experience any difficulties with this process or if you have any other questions or feedback for us.

Best Wishes,

Emily Gibson
Community Moderator
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