Rossmoor : Real Estate Advice

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Markzjordanz, Home Buyer in New York, NY
Markzjordanz answered:
How much monthly income is required to buy a co-op condo priced around 400K? Is home insurance included in HOA?
No credit check, 1 percent interest 30 year fixed, 4.5 proof of funds in which u can use vet status or 401k, the property has to be appraised at 350 k and up. 30 day close, 8037576801
0 votes Share Flag Tue Aug 2, 2016 Home Buying in Rossmoor
Alexander Gr…, Real Estate Pro in San Jose, CA
Alexander Greer answered:
TO: Meridith Zomalt Empire Realty W.C. CA Are the financial requirements exactly the same for condo purchases in Rossmore as they are for co-ops?
No. Co-Ops are completely different and need different financing.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Gr ... more
0 votes Share Flag Mon Jul 6, 2015 Home Buying in Rossmoor
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Occupying my mother's co-op in Rossmoor, Walnut Creek that is in a trust
You are posing legal questions to a bunch of Realtors. Who ae they 'they' you refer to in your question? If 'they' are attorneys, then I would follow thei advice.
0 votes Share Flag Sun Jul 5, 2015 Home Buying in Rossmoor
Margaret Pri…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
I am interested in getting a loan on my co-op in Rossmoor.
HI, Getting a loan on a co-operative unit in Rossmoor from most lenders is difficult as the lender will always want the first lien position. Because of the way the co-ops are set up in ... more
0 votes Share Flag Fri Jul 3, 2015 Financing in Rossmoor
Dclandry, Renter in Lafayette, LA
Dclandry answered:
How can I change the search area?
Hi Joy,

Log in and got to you profile (upper right)

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You can edit from here. If you are looking to buy, y ... more
0 votes Share Flag Sat May 30, 2015 Home Buying in Rossmoor
Mary Beth Ma…, Real Estate Pro in Orinda, CA
Mary Beth MacLennan answered:
Does the HOA cover your property taxes if you purchase a Co-op in Rossmoor?
To add a little more clarification, when you purchase a co-op in Rossmoor, your monthly payments will consist of your HOA dues PLUS 1/12th of the annual property taxes due on the proper ... more
0 votes Share Flag Fri Nov 21, 2014 Home Buying in Rossmoor
Jason Wheeler, Real Estate Pro in Pleasant Hill, CA
Jason Wheeler answered:
What are the HOA dues and annual property taxes?
HOA dues cover garbage, maintenance and landscaping among other things that the homeowners and the board determine needs attention. This is determined by the HOA board and is different ... more
1 vote Share Flag Sun Sep 21, 2014 Foreclosure in Rossmoor
Monica Velis…, Real Estate Pro in Pleasanton, CA
Monica Velis Fosbery answered:
what do the home owners dues cover?
Home owners dues usually cover all the common area maintenance, some of them like at the keys cover even basic cable and electricity, water and garbage. Some times dues seem high but if ... more
0 votes Share Flag Sat Jul 19, 2014 Home Buying in Rossmoor
James Collins, Real Estate Pro in Walnut Creek, CA
James Collins answered:
last sold price
Knowing the last selling price of a property that you're interested in buying is an important thing to find out in regards to what the seller can accept. But don't stop there. Finding ... more
0 votes Share Flag Thu Jul 17, 2014 Market Conditions in Rossmoor
Margaret Pri…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
what do the homeowners dues cover?
Hi,
Rossmoor HOA fees, commonly called the "coupon," cover different things depending on whether the property is a condo or a co-operative unit. The "Mutuals" are the Homeowners Assoc ... more
1 vote Share Flag Thu Jul 10, 2014 Home Buying in Rossmoor
Margaret Pri…, Real Estate Pro in Lafayette, CA
Margaret Price answered:
Are there many co-ops in Rossmoor that are changing over to condos? Co-ops seem to have troublesome rules so I would prefer a condo.
Rossmoor Co--Ops have certain advantages in what is covered by the HOA fees over what is covered by condo fees. Remember, too, that the property tax is included in the so-called "Coup ... more
0 votes Share Flag Thu Jul 10, 2014 Home Buying in Rossmoor
Kim Benedict, Real Estate Pro in Overland Park, KS
Kim Benedict answered:
Is there anyway around the HOA dues? Is low $500's the best that can be done? 6/9K a year in dues is a lot. What do people do who have no income?
Nope there isn't. if you stop paying them you can be foreclosed on by the HOA for lack of payment... some places are higher then others just depends on where you live... Ive seen them f ... more
0 votes Share Flag Sun May 11, 2014 Home Buying in Rossmoor
Keith Boswor…, Real Estate Pro in Oakland, CA
Keith Bosworth answered:
Can I get through gates to see open house?
I just came across your question and wanted to know if you were able to attend the open house? If not you most likely need to speak with a Realtor that can help you. Sometimes the infor ... more
0 votes Share Flag Tue Feb 25, 2014 Market Conditions in Rossmoor
Steve Curtis, Real Estate Pro in Walnut Creek, CA
Steve Curtis answered:
What types of properties can you purchase in Rossmoor without having to pay any HOF? Thank you.
listen to Jackie Giffin below... dues are high but the amenities and services included exceed anything else out there for the active senior.
0 votes Share Flag Mon Dec 23, 2013 Home Buying in Rossmoor
Pacita Dimac…, Real Estate Pro in Oakland, CA
Pacita Dimacali answered:
Is it possible to live in Rossmoor if you are not 55 and relatives who are 55 and older are not there all the time? Policy, exceptions, Disabled, etc
At least one resident must be 55 years of age or older to live in a home in Rossmoor. If the resident travels all the time that may be advantageous to you and the resident to have someo ... more
0 votes Share Flag Tue Nov 26, 2013 Home Buying in Rossmoor
Elizabeth Ha…, Real Estate Pro in Walnut Creek, CA
Elizabeth Haslam answered:
Are there any units for rent in Rossmoor @Walnut Creek?
Rental and Rossmoor are few and far between. The best resource is the Rossmoor newspaper which comes out every Wednesday. You can access it online at www.Rossmoornews.com. Owners in Ro ... more
0 votes Share Flag Tue Oct 22, 2013 Home Buying in Rossmoor
DeAnn J Simp…, Real Estate Pro in Walnut Creek, CA
DeAnn J Simpson answered:
Can I help my mom buy a co-op?
Yes, of course, if you qualify with terms & conditions of loan financing. I have a team of professional ready to help! With 30+ years in the industry I would welcome the opportunity to ... more
0 votes Share Flag Mon Sep 23, 2013 Home Buying in Rossmoor
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
can you buy with less than 20% down?
Yes! There are loans that allow you to buy with as little as 3.5% down. I recommend you speak with a lender like myself if you would like to know more about loans that will work best fo ... more
0 votes Share Flag Sun Sep 22, 2013 Home Buying in Rossmoor
Mehran Saky |…, Real Estate Pro in Walnut Creek, CA
Mehran Saky | Broker answered:
I would like to know about renting market in walnut creek. I am planing to buy a condo or townhome 1 or 2 bedroom and rent it out. Any advice.?
Yes, I'm glad you asked this question because many people don't consider the condo route as a viable option for income stream. However, I work with clients who buy condos for that reaso ... more
0 votes Share Flag Fri Aug 9, 2013 Market Conditions in Rossmoor
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