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Foreclosure in Pacifica : Real Estate Advice

  • All74
  • Local Info5
  • Home Buying28
  • Home Selling2
  • Market Conditions3

Activity 4
Alexandra Ro…, Real Estate Pro in San Mateo, CA
Thu Dec 11, 2014
Alexandra Rodriguez answered:
Foreclosed homes that are been offer for sale has many disadvantages! The asset manager are basing their listing price with an online appraisal. It shall not stop anyone from making an offer. As a buyer’s agent I would put a CMA together and submit the offer! Local agents are familiar with the market and the CMA of a local broker along with the offer is the way to make an offer to an over price listing. ... more
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John Juarez, Real Estate Pro in Fremont, CA
Wed Mar 27, 2013
John Juarez answered:
The deal is that sellers and their agents tend to like offers with a higher likelihood of completions. FHA is a wonderful program but it is more likely that a buyer with 20% or more down with a conventional loan will have less trouble with an appraisal, making up the shortfall if an appraisal falls short or overcoming other difficulties that may arise during underwriting.

As others have said…don’t give up. That will only assure failure.
... more
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Zack King, Real Estate Pro in Calabasas, CA
Mon Mar 25, 2013
Zack King answered:
I am not sure about the loan owed, but I can tell you the last sale was December 26 2012 $505,000. The sale before that was June 11 2011 for $380,000. I don't see any record of a June 26 2012 sale. It appears that the 505,00 in December was pretty close to market value at the time.

Zack King
Keller Williams Estates Calabasas
(818) 825-7388
... more
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Andre Mettler,  in Daly City, CA
Thu Oct 8, 2009
Andre Mettler answered:
I would assume you are from NY or similar state where lawyers handle escrows. We do it much cheaper and more efficient out here with escrow agents at title companies. The only real estae transaction where lawyers get involved usually are probate and divorce cases. ... more
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