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Home Selling in San Leandro : Real Estate Advice

  • All123
  • Local Info8
  • Home Buying46
  • Home Selling6
  • Market Conditions0

Activity 10
Thu Oct 1, 2015
Arpad Racz answered:
Hi,

A back yard remodel can be important, but adding living area sq. ft. or Curb appeal, can be better in some cases.

All the best,

Arpad
0 votes 6 answers Share Flag
Wed Oct 9, 2013
Antonio Cardenas answered:
At this time, there are all kinds of deals for remodeling, and a good kitchen and bathroom are always at the top of the list for would be buyers. I would say, go for it! don't overdoit, and keep it simple but elegant, soft colors that match the surroundings. If you are going to stay put after the remodel is even better! At least you'll get to enjoy your handy work. Best of Luck ... more
0 votes 5 answers Share Flag
Wed Aug 8, 2012
Jesse Crum asked:
Does anyone have something coming on soon or an exprired that didn't sell?
My buyers ready to go for anything just above 580 with a veiw of the bay.
Low 400's with half cash…
0 votes 0 Answers Share Flag
Sun Jan 30, 2011
Perry Vittoria answered:
Unfortunately this is a common tale. We've dealt with the situation a number of times and the only time we've gotten any results is after an extensive letter writing campaign to all parties involved including the media. After countless letters we finally stumbled upon someone with the authority and intelligence to make an informed decision. In these cases sometimes the squeaky wheel gets the grease. ... more
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Fri Jul 16, 2010
Antonio Cardenas answered:
This property shows that it sold on 10/05/09 for $430,000 What do you mean by "re-submit"...? Please clarify your questions so we can help you better.
0 votes 1 answer Share Flag
Tue Oct 20, 2009
Joanne Gardiner answered:
Hello Scourt123,

Be sure you get your listing cancellation in writing and signed by both your former agent and her broker. Once you have that very important piece of page, interview brokers who have good experience, good recommendations from their clients and time to devote to marketing your home. If you don't feel comfortable and confident in your initial interview, then move on to the next broker. Half of the success sellers have is in having a good relationship with their broker. The more hands on a broker is the more sellers succeed. If a broker assigns important tasks to their assistants, then they may be too busy to take a personal interest in your home's success. If you would like to interview me, just give me a call on my cell: 510-589-4794 ... more
0 votes 10 answers Share Flag
Mon Sep 14, 2009
Meena Gujral answered:
Hi Scourt,

Here is some information from the Bay East Assocaition on the inventory in San Leandro:

Days on Market (DOM) for the San Leandro area year-to-date is around 74. The median single family home price in San Leandro for August was $333,000. As of the last day of August there were 110 active homes in San Leandro. At current selling rates this means there is approximately 1 months of inventory in San Leandro remaining.

In other words the demand is increasing and inventory is low. I just wanted to give you the facts. What you do with this buyer and his getting appraisals for a lower price is up to you.

Meena Gujral
Help-U-Sell Achievers Realty
510-279-9580
... more
0 votes 8 answers Share Flag
Sun Sep 6, 2009
Isi Wu answered:
Hi Michele... the responses from both Carl and Keith should be factored into the valuation... if you have a local realtor he or she could help you with that... for your benefit it wouldnt hurt to ask more than one local realtor for their opinion...


Thanks for your question... If I can help please let me know.
Cheers...
Isi Wu
Realty World - Blue Property Group
888.880.7708 x 98
925.997.2426
isiwu@comcast.net
... more
0 votes 3 answers Share Flag
Sat Aug 15, 2009
Scourt123 answered:
Thank you for your response we tried everything that we could not to break the deal. Including lowering the price again.
0 votes 10 answers Share Flag
Tue Aug 11, 2009
Pacita Dimacali answered:
Something is very wrong here....

The agents, the sellers and the buyers SHOULD NOT and COULD NOT influence the appraisals, most specially now that we have very strict rules and guidelines pertaining to appraisals.

Take a look at this Home Valuation Code of Conduct http://www.freddiemac.com/singlefamily/docs/030308_valuationcodeofconduct.pdf

If the buyers are getting a loan, the lender will order an appraisal. It's that lender's appraisal that will trump over any other appraisals that the seller (or any other party, including the buyer) may have ordered separately. The lender and the underwriter will use their own appraisal as the basis for whether or not they will approve a loan for this property, and to determine if it's worth what the buyer is paying for.

If the buyers still want the property, perhaps they can negotiate with the seller for a lower price. But if the seller refuses, and the buyer still hasn't removed the buyer investigation and loan appraisal/approval contingency, the buyer can ask to cancel the contract and get his deposit back.

The seller can put the property back on the market....but there is no guarantee, and it's probably unlikely that the next time it's in escrow, that the next appraisal is going to be much higher or much different than the last one --- not unless it happens many months later when there may be different comps that the appraiser can use.

But wouldn't it be better for the buyer and the seller to try and negotiate a mutually acceptable solution?
... more
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