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Home Selling in Monterey County : Real Estate Advice

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  • Local Info1
  • Home Buying12
  • Home Selling2
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Activity 30
Wed Aug 17, 2016
Derek Jones answered:
Seller credits to buyer's is a common occurrence but why would they pay you back the credit? Take whatever you have in WRITING and seek legal advise if you feel you are owed an additional $7750. ... more
0 votes 2 answers Share Flag
Wed Aug 17, 2016
Lewis George answered:
we have fund available
lggatorfinance @ financier.com
0 votes 2 answers Share Flag
Thu Jun 4, 2015
Cindy Davis answered:
No. Trulia only accepts posts from Realtros. You can post your fsbo on Zillow.
0 votes 1 answer Share Flag
Sat May 9, 2015
Shelly Glennon asked:
Tue Feb 17, 2015
UpNest Top Realtors answered:
Hi Debbie,

You would have to look up a flat fee listing service to get your home on Trulia.

For sale by owner (FSBO) can seem like a money saver at first. But there are a lot of dangers with doing so. There’s a huge liability issue, and roughly 30% of FSBO homes even get sold. Usually your home would get a lower offer than what you list it for, defeating the purpose of saving money by doing FSBO.

The best way to sell your home fast and at a desired price is to work with a top performing realtor. We created UpNest (http://www.upnest.com) for sellers looking to work with a great agent and save money at the same time.

With our online marketplace, home sellers can confidentially submit their homes, and multiple top local agents will compete to obtain your listing. Some agents lower their commission rates to stand out, and every agent that submits a proposal is an experienced agent, so it's not the same as working with a low grade discount brokerage.

Good luck selling!
... more
0 votes 5 answers Share Flag
Fri Dec 19, 2014
fosterkicks99 answered:
It would make sense that the repairs will be at least requested before making a deal to buy the house. Even if they are looking for a place to remodel and completely redo, people will want a furnace that works. You should look into what it might cost to repair or replace it.
http://www.danielsheatingandair.com
... more
0 votes 2 answers Share Flag
Wed Jul 9, 2014
Danny Ceja answered:
If you bought your rentals within the past 4 years there is definitely equity in your investment properties. The market is really strong and will probably continue to remain strong but there is never a guarantee. Investment properties are great to have if you are getting a good return after you pay all your expenses and your tenants are great. On the other hand rentals can be tough when your tenants don't maintain your property in good condition or are not responsible.I would suggest you look into selling 1-2 rentals at a time while you keep the ones with the best tenants longer, your equity will also have to be considered. Either way I think you are in a great situation with your investment properties really just depends on what your real estate goals are. Let me know if you have any questions at all.

Danny Ceja, Realtor
Flora Real Estate Group
(408) 579-9575 cell
(831) 222-3617 office
dannyceja@yahoo.com
CalBRE 01873812
... more
0 votes 2 answers Share Flag
Thu Aug 15, 2013
Alexander Greer answered:
I was just looking through old post and I noticed yours. If you were not able to refinance at the time of the post, I can certainly help you out now. You can call me at 408-352-5147 or email me at AGreer@themortgageoutlet.com. You can check us out at http://www.TheMortgageOutlet.com. I will look at your situation and present you with some options.

Alex Greer
NMLS #1056079
... more
0 votes 4 answers Share Flag
Fri Apr 5, 2013
Barbara Ehrenpreis answered:
In most of Monterey County - the escrow fee (the fee for handling the deal) is paid 50% buyer 50% seller. The title insurance is usually paid by the seller. The transfer tax (basically a sales tax) is paid by seller. Other Counties have different customs. And of course, all these fees are negotiable. A savvy buyer, trying to make a "great" deal, may offer to pay these fees.

Please call me for the most in-depth, hands-on, carefully handled real estate transaction!

Bobbie Ehrenpreis, Carmel Realty Company
... more
0 votes 5 answers Share Flag
Fri Mar 29, 2013
Randall Ortiz answered:
It's impossible to predict the future, but it is definitely a great time to sell a home right now. In my area homes are getting multiple offers within a couple days being on the market, often times selling for above asking price. ... more
0 votes 3 answers Share Flag
Tue Mar 19, 2013
Noe Renteria answered:
Your best solution is to list with a real estate professional as you will receive wide market exposure through the multiple listing service and increase your chances of not only selling but also selling faster than as a for sale by owner. ... more
0 votes 1 answer Share Flag
Sun Dec 16, 2012
Annette Boggs, REALTOR answered:
Julie, Give me a call so we can talk about the commission. I would be happy to help you. If you need a market analysis I can do tat too. (831) 601-5800 Annette
0 votes 9 answers Share Flag
Wed Oct 31, 2012
Lance King answered:
You have some good information below. To sum up, essentially it comes to this:

an as-is offer does not mean they can't back out on an inspection contingency
buyers can back out during the inspection contingency for pretty much any reason they want

the buyers' deposit can only be returned to them if seller(s) and buyer(s) both sign cancellation papers, but if they were inside their inspection contingency period and hadn't signed off you are likely wasting your time trying to keep it.
... more
0 votes 13 answers Share Flag
Wed Sep 5, 2012
Sharon Matthams answered:
Julie,
The answers you have received so far, really sum it up: Pacific Grove is a HOT market.
If the home you want to sell is priced competitively, it should sell very quickly. We have
all seen the trend....put a good, clean, well priced home on the market and you can start
getting offers right away.
It's great to have a market that is both buyer and seller friendly!

Sharon Matthams
Coldwell Banker
831-320-4161
... more
0 votes 9 answers Share Flag
Wed Jul 11, 2012
Juliette Ferguson answered:
It appears this question is old; however, still a great question for others. I recommend interviewing 3-4 agents. Have a list of questions prepared prior to the meeting and follow your list exactly so that you are comparing apples to apples. I was recently video taped during my presentation so the owner could re-review later before selecting. You are right to be selective, as real estate involves big money. You must find an agent you trust, who is knowledgeable on market trends, and who is able to keep up with marketing and technology changes in terms of advertising these days. It is a different world now and individuals need to stay informed. Trulia has a mixture of agents, meaning a mish mosh of good and bad advice - take the good and ignore the bad and you will be ahead!
Juliette Ferguson, Broker Associate, John Saar Properties, Carmel, CA
www.JulietteFerguson.com
www.MontereyDunesHomes.com
Juliette@JohnSaar.com
831-402-3800
... more
0 votes 14 answers Share Flag
Tue Apr 24, 2012
Pete Gamble answered:
Hi:
Just let me know when and where to meet you at the property to discuss your plans.

Peter Gamble
Steinbeck Real Estate
0 votes 1 answer Share Flag
Mon Nov 14, 2011
Sinead McAllister answered:
Hi Frank,
What costs are you referring to? Taxes on your profit? There is a county transfer tax on every sale that usually the seller pays. In San Diego County, it is $1.10 per thousand. (For example, a $300,000 home would have a county transfer tax of $330.00). If you want to talk numbers and need me to run a seller net sheet for you, which would give you a good estimate of your profit when selling, feel free to contact me directly- I would be happy to assist.

Thanks!
Sinead McAllister
858-205-5215
brokermcallister@gmail.com
... more
0 votes 2 answers Share Flag
Wed Oct 26, 2011
Leslie DeLuca answered:
Understand that short sales are common and people do not understand what it means to them. Do not give up and lose your home to foreclosure. There is no cost to you as the banks pay all of the fees and some even have programs to give you money at closing to help with moving expenses. Every situation is different..but a short sale is better for your credit profile. Most homeowners do not understand their options..If you need answers on what a short sale is, and how it can benefit you please. feel free to contact me if you are not already represented and I will answer all of your questions. ... more
0 votes 8 answers Share Flag
Thu Sep 15, 2011
Alex Lopez answered:
Generally, all closing costs from the sellers end are covered by the banks proceeds. If there are additional expenses that the bank will not cover, it will be the responsibility of the buyer. If the buyer will not cover them, I can assure you that you will find a buyer who will.

It is assumed that the seller in a short sale is in financial distress and they are not expected to pay anything at closing. YOu must look into the HAFA short sale program as you may be eligible for up to $3,000 in moving assistance from this government program, learn about it here: http://www.shortsalespeople.com/portfolio_2/how-the-hafa-short-sale-program-can-help-you

Good luck and God bless!
... more
0 votes 10 answers Share Flag
Sat Jul 2, 2011
Curt Abramson answered:
Honestly, it probably just means the seller has accepted an offer and now it's going to the bank for review and possible approval of the short sale. There doesn't seem to be any consistent use of the pending statuses PR or PS for short sales.

FYI, per MLS rules "pending release" means the accepted offer is contingent on the sale of the buyer's current property. "Pending show" means the buyer's investigation, appraisal and loan contingencies have not been removed. An offer with "PR" status could be bumped by another buyer if the existing buyer cannot remove the contingency for the sale of their property within 3 days. An offer with "PS" can't be bumped by another buyer.

Hope this helps.
... more
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