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Home Buying in San Anselmo : Real Estate Advice

  • All40
  • Local Info11
  • Home Buying14
  • Home Selling0
  • Market Conditions3

Activity 15
Rosemary Sil…, Home Buyer in San Rafael, CA
Thu Mar 17, 2016
Rosemary Silvia asked:
your info is shockingly incorrect stop harrassing me
0 votes 0 Answers Share Flag
sundysign, Both Buyer and Seller in Cambridge, MA
Fri Jun 27, 2014
sundysign answered:
Best thing is to invest in Pattaya Thailand. Visit my website for all our projects at www.5stardeveloper.com
0 votes 11 answers Share Flag
Denise Monta…, Real Estate Pro in San Anselmo, CA
Sun Nov 10, 2013
Denise Montalvo answered:
I sold a fixer in Fairfax to a buyer in 2008 and the value has gone up significantly. San Anselmo and Fairfax are very popular communities and in an excellent school district. For this reason, many families like to rent here to keep their children in our schools. There are not very many duplexes or multi-unit buildings but I have lots of resources for investment properties. ... more
0 votes 3 answers Share Flag
Denise Monta…, Real Estate Pro in San Anselmo, CA
Sun Nov 10, 2013
Denise Montalvo answered:
I live in San Anselmo and have represented many buyers in Marin. I've helped buyers who are looking for upside potential. You have to know what you're getting into as some "deals" can be costly like major fixers. I work with Bradley Real Estate, a family owned real estate company and we specialize in great service. There are not too many short sales and REO properties on the market as things have improved, but there are still values to be had. ... more
0 votes 7 answers Share Flag
Claudia Mull…, Real Estate Pro in Fremont, CA
Thu Aug 22, 2013
Claudia Muller answered:
Here is the link to the Marin County property tax collector.
It will give you the tax calculation factor.
You may also type in your address and it will give you the current tax bill information.


www.co.marin.ca.us/taxes
... more
0 votes 6 answers Share Flag
Sylvia Barry,…, Real Estate Pro in Marin, CA
Wed Aug 21, 2013
Sylvia Barry, MAS,CIPS,SRES answered:
The house you are looking at is certainly an extreme example of difference between assessed value and listing price (which is not necessary market value)! One might suspect the house never changed hands after it was built in 1908 and the owner benefited from Prop 13 later!

Assessed value for a home is used for property tax purposes instead of marketing purposes; which is why they can be quite different.

As mentioned below, Assessed Value is arrived using Purchase price adjusted by property 13 allowable annual increases, adjusted by taxable improvements to the property through the years.

This is why when people are selling or buyer a home, instead of using assessed value or listing price as guidance, a comparable market analysis for similar properties and working knowledge of recent sales of similar properties instead of assessed value is used to help arrive market value for a property.

Hope this helps!

Sylvia Barry
www.SylviaBarryRE.com
... more
0 votes 4 answers Share Flag
Vance & Anna…,  in San Anselmo, CA
Wed Aug 21, 2013
Vance & Anna Frost answered:
Of course if you live in S.A. you can put your kids in S.A. schools. Other exceptions include town employees and others service persons. Best to call the Ross Valley District office. If you would like to discuss this further, please call us at 415-459-5900.
Best, Vance & Anna Frost (we do live in San Anselmo and help people buy here).
... more
0 votes 3 answers Share Flag
Liz Williams…, Real Estate Pro in Mill Valley, CA
Thu Jul 11, 2013
Liz Williamson Williamson answered:
Hi Raine,
There is no such thing as "unrestricted lots" The term is "zoned" meaning what is the lot and area zoned for? There are good reasons for a lot and any property, having restrictions. It protects the surrounding neighbors from having a bar in the middle of a neighborhood.. The best thing is to go to planning in The City of San Anselmo to find out what a lot is zoned for and what the zone parameters are first.
As far as a builder coming with a property, the closest thing is a lot may have "approved" plans for a home and a builder may have done the plans and will build the home for you.
For a pre-fab homes you would need to go a pre-fab company, like Bluhomes.com to find out what the necessary lot specs are first. Pre-fab homes are great however, they work best on level lots which you probably know, a rarity in Marin County. None of these options by the way, are inexpensive! They take additional time and money. If you can, talk to someone in planning and having them take you through the steps of what it would take to build a home on a vacant lot. This way you know what you are getting yourself into first.
Good Luck!
Liz
... more
0 votes 1 answer Share Flag
Vance & Anna…,  in San Anselmo, CA
Fri Feb 15, 2013
Vance & Anna Frost answered:
Marin foreclosures are down 41.7 % year over year as reported in the following article.

http://www.marinij.com/ci_22435627/foreclosures-drop-marin-trend-continues?IADID=Search-www.marinij.com-www.marinij.com

There are still bank owned homes for sale, and they are usually offered at very reasonable prices, however the "buyer" interest in these homes is strong. Prices can be in the high $300s up to $600k. Usually they do need work, because by the time the foreclosure process in done, they have been neglected. Best of Luck in your search.
... more
0 votes 3 answers Share Flag
Shel-lee Dav…, Real Estate Pro in Rolling Hills Estates,...
Sat Feb 5, 2011
Shel-lee Davis answered:
Jean:

I see a string of questions regarding this home and the seller cancelling the contract. This must be one special home for you to want to try and force the seller to sell, even though they have changed their mind about selling. My questions to you: Is this home really worth the time and trouble to enforce the contract? How cooperative do you think the seller is going to be, if you force them to perform? What are the chances that they may damage the property before moving out? If they are willing to refund your full deposit, plus any out of pocket expenses, doesn't it make more sense to just move on?

Of course, if you want to pursue the matter through arbitration, you must first go to mediation (assuming you signed a C.A.R. Residential Purchase Agreement when you made your offer). Your agent, their broker, the local Board of Realtors and/or a real estate attorney, are good places to get additional information about how to proceed. Just make sure it is worth it, as this can be a relatively long process and there are no guarantees. Dare to Dream.

Shel-lee Davis, QSC®
Certified Distressed Property Expert – CDPE®
Short Sale & Foreclosure Resource – SFR®
Certified HAFA Specialist – CHS®
SSG Pro®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
424-2HELP12 (424-243-5712)
myrealestateanswers@gmail.com
http://shel-lee.listingbook.com
... more
1 vote 2 answers Share Flag
Ed Favinger, Real Estate Pro in Folsom, CA
Fri Dec 3, 2010
Ed Favinger answered:
Scott...

Emily Murphy has a good answer for you. I've done some short sales and some of them take a while to close and some are not much longer than a so called "normal" transaction.

The big question in my opinion along with Emily's position, is if the listing agent has a full "short sale" package that either has been submitted or is going to be submitted with your offer. If not... it might take a little longer to complete your sale. The Seller has to cooperate with the Listing Agent and provide those required documents she described or it never happens and you wind up waiting for nothing.

As for 2nd liens...? it depends on who the 2nd lien holder is as to how fast they allow a deal to close.

One thing I would suggest is that you have your agent run comparable sales prior to writing your offer and assuming you don't have any competition for the house, make an offer based upon recent sales... no older than say 3 months.

Since the Seller will not receive any $$ at the close of escrow, most of the time they don't care how much the house sells for as long as they can walk away cleanly. So you might find a bargain if you just make an offer that otherwise might not work in a "normal" market.

I hope this helps.

Make it a great day...
... more
2 votes 4 answers Share Flag
Richard Schu…, Real Estate Pro in Los Angeles, CA
Wed Jun 2, 2010
Richard Schulman answered:
My colleagues below have given some great answers. To put it as succinctly as possible: Time and Uncertainty are the two big differences. Time = you will have to wait (and wait...) for the bank to approve the short sale. Uncertainty = you are not guaranteed the bank will approve that price, or the property may go into foreclosure during the waiting process.

Good luck and feel free to contact me for any further clarification,

Richard Schulman
Keller Williams Realty
... more
0 votes 6 answers Share Flag
Gary York,  in Fairfax, CA
Thu Mar 11, 2010
Gary York answered:
Offers usually aren't denied unless they are insulting to the sellers who may have listed at or near com parables . If sellers aren't insulted, they usually counter at a price that works for them.
Imagine having your spotless dollhouse on market close to comparable sales in past 3 months ..say 825k and getting an offer at 700? When 2 in neighborhood just sold for 815 and 805 in bad shape?
Still... you get to offer any crazy price you want without getting disgruntled.

Broker 1 should NOT have contacted you after your offer was presented with your friend/agent (not broker) 2.

A broker is an "agent" but an agent (your friend) is not a broker BTW - its confusing, but agents must work "under' a broker till they get experience (2 years in ca ) and pass another test for their broker license..

In my scant 37 yrs in this business, I have found whoever writes the offer that is accepted is procuring cause.
I've never been to arbitration over a commission since 73, and I have spent many hours wasted with buyers who wrote offers with another agent....that got accepted on my listings...Thats the nature of this business.

People deserve to work with who they don't get "disgruntled with".... we advise on what is reasonable to offer (based on recent comps) , and then let buyers do what they will , and then they quickly learn what gets them a house and what doesn't.

Never work with any agent you get disgruntled with, there are too many to choose from!
... more
0 votes 13 answers Share Flag
Keith Sorem, Real Estate Pro in Glendale, CA
Mon Feb 8, 2010
Keith Sorem answered:
C
My recommendations for you:
Normally the buyer does not pay for the services of a Realtor as your personal representative, therefore it makes sense to have professional representation because the seller has the professional representation.

If the purchase of a property was simple then anyone could do it. The fact is that there are distinct advantages to having competent representation.

Do you want to pay more the than property is worth?
Do you want to have terms imposed on you that are not fair?
Do you want to have access to all the protections offered to buyer by law?

Then the smartest thing to do would be to interview a couple of Realtors and select one to represent your interests and help you find the right home, for the right price, for the best terms.

Here are some examples of where a great Realtor can help you?
1. Do you know if the property is priced correctly? A Realtor will.
2. Do you know that interest rates are probably going up in March? A Realtor should know market conditions, and can help you work with a lender so you pay the lowest rate possible.
3. Do you know that you need to be in escrow by April 30th to take advantage of the first time home buyer Federal income tax credit of up to $8,000?
4. 75-80% of homes are priced higher than market value. How do you know?

Find a great Realtor. If you'd like a referral to a top Realtor who works with buyers like you in your area let me know.

Good luck.
... more
1 vote 11 answers Share Flag
Mary Kay and…, Real Estate Pro in San Rafael, CA
Tue Sep 2, 2008
Mary Kay and Kathy Yamamoto answered:
Veronica,

Investing in Marin historically has been a good investment choice. The market seems to be picking up and we are seeing some multiple offers on competitively priced properties. San Anselmo and Fairfax are very desirable areas and have typically held their value over time. If we can help you find an investment property please feel free to contact us. ... more
0 votes 1 answer Share Flag
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