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94563 : Real Estate Advice

  • All13
  • Local Info1
  • Home Buying5
  • Home Selling3
  • Market Conditions1

Activity 10
Mon Aug 28, 2017
Mary answered:
Hi,

I apologize we have false foreclosure information listed on our home details page. This data is provided to us from Zillow foreclosures and we currently do not have the ability to edit or remove the information that they are sending us.

Please be advised that I created a new ticket request to Zillow Consumer Care to remove the Foreclosure status of the property. Once the status is removed from Zillow, it will automatically update to Trulia after 24-48 hours.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Tue Jun 23, 2015
Arpad Racz answered:
Hi,

Your local agent for Orinda can look back in time at the MLS sales for a particular area.

Kind regards,

Arpad
0 votes 4 answers Share Flag
Wed May 7, 2014
Steve Stahle answered:
Sun Mar 6, 2011
Michelle Minch answered:
There is no state or national government oversight of home staging accreditations, designations or certifications. The certifications are given by the staging training providers, not an objective 3rd party. There are many professional home stagers without "accreditation" who do an excellent job. There are many professional home stagers who are accredited by their staging training provider. Look for the home stager with the most real world experience, with lots of home staging jobs under their belt. They should also carry home staging business insurance (liability) and all their employees should be covered by a workers comp insurance policy by law in CA.

I'm including a link below to an article about how to choose the best home stager.
... more
0 votes 9 answers Share Flag
Wed Jun 30, 2010
Ann Sullivan, MBA answered:
Dear Home Buyer,
Having lived in Orinda for 18 years, I have been tracking foreclosures for a while now, and have even personally purchased them...and the answer is yes. Some homes, end up going to the court house steps and get purchased by investors/home buyers. Others don't receive a bid and revert back to the bank and become REO's. By analyzing the trends and being knowledgeable about value you can identify those properties that are a "good deal". They are not always REO's. Buying an REO can be risky in that most have had a lot of deferred maintenance and/or have damage or structural issues. For example, if the plumbing hasn't been used in a year or so, there may be issues that will need correcting... Please feel free to contact me or go to my website for more information. I also specialize in assisting people who are upside down. My best to you. Sincerely, Ann

Ann Sullivan
Coldwell Banker Orinda
License 01488386
cell: 925-330-8214
ann@annsullivanrealestate.com
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0 votes 7 answers Share Flag
Thu Jul 16, 2009
Adrian Huntington answered:
Clara,

You should be able to get a pre-approval the same day. I suggest that you get approved now, so that you know what your options are. Having 740 and higher credit scores doesn't mean you can buy any house. Making $400,000 dollars a year doesn't mean your 620 Fico will qualify. By being pre-approved, you have time to save more money and raise your credit score if necessary. It is also good to have an estimate of your future mortgage payment. Just because a bank says you can afford it, doesn't mean it is in your comfort zone. Some of us like to go out to eat and drive nice cars also. I have seen many people become house poor. The housing inventory is low in the Bay Area. I think you need to start looking at houses now. In July and August you can preview some homes and see what money can buy. If you see one you love, put an offer in. Most ransactions take about 45 days to close. Once in contract you will close in 20-30Days, but it takes time for your offer to be accepted and executed. The current market is also very competitive in certain price ranges. You should be prepared to write more than one offer. Best of Luck. ... more
0 votes 5 answers Share Flag
Fri Jun 19, 2009
Bob Georgiou answered:
The market in Orinda and Moraga is still tight and prices had been holding unitl recently when sales seemed ot be slowing. The inference I take for your question is one of finding "value" or bargains in one of the best markets in Northern California. Since the profile of the buyer in these areas is more affluent the homeowners have been able to withstand the downswing but due to the length of the downturn they are now faced with the considerations that owners east of Walnut Creek had faced over the last 2 years. There are short sales and foreclosures which are pressuring prices but I might suggest one look at the homes before getting excited about is offered.

I would advise that your timing is almost ideal and that over the next 18 moths the prices will change opportunities will make themselves available.

There are opportunities out there and would be pleased to assist your search. Contact me for concrete details bob@bob2sell.com
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0 votes 3 answers Share Flag
Sat Jun 6, 2009
Bob Wegener answered:
Hi Pankaj,

I'd be happy to help. Let me know what type of property you are looking for in Orinda. The REO properties are not always the best deals though. You should get alerts for the type of property you desire. There are bank-owned properties that have been sitting on the market for a long time. If they were even a decent buy, they would have been purchased. There are a lot of pre-qualified buyers hanging around right now, looking for a good buy. The desirable properties are going pending in less than a week. Contact me and I'll set you up on the alerts.

Sincerely,

Bob Wegener
Hacienda Real Estate
Bob@BobWegener.com
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0 votes 3 answers Share Flag
Sun May 3, 2009
J R answered:
When the competition is hundreds of other homes, the "as is" homes sell last unless they are WAY below comps. If your home needs staging, do it. You'll put more money into your OWN pocket when you do sell. ... more
0 votes 6 answers Share Flag
Mon Mar 3, 2008
Bob Wegener answered:
Without citing past statistics, I’ll give you the Lamorinda Real Estate market in a nutshell. I live in Orinda and couldn’t think of a better place to live. I could go on and on about the physical beauty, the wonderful people, the best schools, the ideal climate, the excellent youth sports programs, the arts, the food, the theater, the community….
Add Moraga and Lafayette, each with their own unique subtleties, and you have Lamorinda. There are some differences in the Real Estate between the 3 communities, but 1 block in any 1 town can bring a difference.
Orinda is one of the most desirable communities in the Bay Area. If a house comes on the market with all the right pieces, I’d say it will go pending faster than it would in 90+% of the other Bay Area communities, considered one of the top areas in the whole country.
If you are thinking about buying in Orinda and prepare correctly, you can’t go wrong. That means, be ready when your dream house comes on the market, because dream houses go very fast in Orinda. You should be familiar enough with the community to know that when “Your House” hits the market, you are seeing it that day, and ready to write an offer, with everything in order to write a strong offer, at a fair price, pretty quickly.
This scenario is for the “Wildly Fantastic” houses. IF they hit the market, they will go pending within a week, sometimes even a couple of days or less.
The “Good Ones” usually go pending within 10 days.
Plenty of homes will sit long enough to think about, but if you are doing that, you’re missing out on the first two categories, and you don’t want that to happen. So be prepared. Every price range (Orinda is generally amongst the higher priced Bay Area communities) has some good buys, and some not – so - good buys.
Having praised the area enough, the all important inventory number is now relevant to this discussion. Compared to previous years, inventory hovers very close to the same numbers for Lamorinda, around 170 units as of today, March 3, 2008.
That about covers the market conditions of the Orinda Real Estate market. A running commentary is available at my blog, http://www.lamorindarealestateblog.com . Please feel comfortable contacting me directly ( mailto:bob@bobwegener.com ) with any questions. Selling or buying, I’d love to help you realize your Orinda dream.
... more
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