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Home Buying in Walnut Creek : Real Estate Advice

  • All248
  • Local Info13
  • Home Buying106
  • Home Selling9
  • Market Conditions6

Activity 154
Sun Mar 19, 2017
Iventnor answered:
I live in N.J and our seller breached contract we got our money back, also for future get a real-state lawyer expensive but worth it.
0 votes 88 answers Share Flag
Fri Sep 2, 2016
If there is a loan, it is not a cash offer. What I have done in the past is made it so it was not contingent on the mortgage.
Why is the bridge loan taking so long. I get them done in about a week. Let me know if you want it done faster. It sounds like there is more to the situation. If not give me a call and let's close it.

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0 votes 2 answers Share Flag
Tue Aug 2, 2016
Markzjordanz answered:
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 1 answer Share Flag
Tue May 31, 2016
Mike Sears answered:

When talking about paying rent vs. paying a mortgage it is always more advantageous for you to pay for something you are going to own.

If you are paying rent your just helping someone else instead of helping yourself. IF you have the financial means for a down payment then it is better to purchase now.

Should you have any questions about a particular home or area, please feel free to contact me and I would be happy to help.

Mike Sears
Berkshire Hathaway HomeServices
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0 votes 2 answers Share Flag
Sun Jan 10, 2016
Johnlabarge answered:
We are renting an older home in Lafayette, and while the schools are really really good, the house we are renting is old and expensive. And because the house is so old, the insulation is not great and the utilities are expensive - hidden cost of an old home - don't fall for only a pretty renovation. The yard is ugly and while we are close to the bart, the roads here are pretty inconvenient (single lane, lots of stop signs etc.).
There is a huge NIMBY movement here that prevents any homes from being built - which probably keeps the class sizes small but also creates a situation where old tiny homes are asking 1.5 mil for slapping on some quartz and stainless.
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0 votes 22 answers Share Flag
Sat Aug 22, 2015
Terry Bell answered:
It is always best to consult with your tax attorney and a real estate attorney if you are not using the services of a realtor. There are no "simple" contracts, especially with family:)) Seek professional help. ... more
0 votes 11 answers Share Flag
Mon Jul 13, 2015
Mariah Bradford answered:
This is most appropriately a question for your CPA. However, in my experience it is true that the lender will only allow credits for closing costs. Therefore, if the Realtor gives you cash above that, ONE of you needs to pay taxes on it. Not knowing the details, it makes sense to me that if they gave you more than $600 they would give you a 1099 in order for THEM to avoid paying taxes for YOUR money. However, double check that with your CPA or accountant. ... more
0 votes 2 answers Share Flag
Mon Jul 6, 2015
Alexander Greer answered:
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:

Alex Greer
Loan Officer
NMLS #1056079
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0 votes 1 answer Share Flag
Sun Jul 5, 2015
Cindy Davis answered:
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 1 answer Share Flag
Sat May 30, 2015
Dclandry answered:
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, you should hire a Realtor who will send you these updates.

There are many good buys in Rossmoor. Some units need updating but these are typically cosmetic and, because prices are reasonable, enable the buyer to put their stamp on the place.

Derik Landry
Realtor, Goldman Land & Home
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0 votes 1 answer Share Flag
Wed Feb 11, 2015
Tom E. Chance answered:
Hi Inna,

I was able to find a property on Jones Rd that I believe is the property you are inquiring about. This property is currently in the pre-foreclosure process with the bank and is listed as becoming available on 4/30/15.

Should like any additional information please feel free to contact me at anytime.

Tom E. Chance
Berkshire Hathaway HomeService
... more
0 votes 1 answer Share Flag
Wed Feb 11, 2015
Claudia Muller answered:
My suggestion would be to change the application to no rent for the past 12 months as you have been living with family to save money.
This would negate the need for rent history.
0 votes 4 answers Share Flag
Mon Jan 26, 2015
Bill answered:
Are there any 80-15-5 programs available in CA with a purchase price in the $700-$800k range?
0 votes 5 answers Share Flag
Sun Jan 25, 2015
Cindy Davis answered:
A bedroom is one with a closet...I have seen agents and sellers manipulate this term, and a call something a bedroom when it really isn't.
0 votes 1 answer Share Flag
Tue Dec 23, 2014
Becky Johnson, ABR, e-Pro, CNE answered:
I Agreed with Anna. BUT The pics start on are MLS and are sent over to TONS of websites. Getting them removed from here is just step 1. Most listing agents wouldn't remove from all because of the contracts the sellers signed to list and it's TOO much time. The original contract was with the seller not buyer and it's advertising SOLD for them. "Pictures speak louder the Words". ... more
1 vote 2 answers Share Flag
Fri Nov 21, 2014
Mary Beth MacLennan answered:
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 property. To illustrate, if the HOA dues are $625/month and 1/12th of your property taxes equals $375/month, you would submit payment for $1,000/month. If you have financed your purchase, you will owe your monthly mortgage payment as well. Hope this helps! ... more
0 votes 2 answers Share Flag
Thu Sep 18, 2014
Kevin Chapin answered:
Hello Elizabeth. IT DEPENDS. There are a lot of variables involved that are not in question. How large of a place are you looking to rent? Why are you considering renting in Walnut Creek or buying in Arizona? Is this an investment?

If you could provide more complete info, I'd love to give you my opinion.

I can be reached via email at:

Typically buying holds greater benefit in the long run for investing, but as I said before it depends.

I do both lending and transactions and would love to give you some feedback.
... more
0 votes 2 answers Share Flag
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