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General Area in 92507 : Real Estate Advice

  • All18
  • Local Info0
  • Home Buying5
  • Home Selling1
  • Market Conditions7

Activity 12
Thu Jul 19, 2012
Alison Hillman answered:
Thu May 10, 2012
John Bender answered:
Thu Dec 30, 2010
Ginny Mueller answered:
Yes, you can get first time homebuyers loan here and renovation loan attached.

Please call me with any and all questions. 714-396-8229 I am out today, however will be in all day tomorrow,.

Ginny
... more
0 votes 5 answers Share Flag
Tue May 8, 2012
x answered:
Hi California jewel,

Many times there is not much sense to how the listing agents come up with the prices. It doesn't really matter what the listed price is anyway. The reason is that there are far more buyers than there are sellers. Some homes are over priced but many are under priced so each one has to be looked at carefully. By reviewing the recently SOLD similar homes in the area and the current market conditions we can get a pretty good idea of what a home will appraise for. What it will sell for is appraised value and in many cases nowadays - plus 5% or more.

So if you see a home that according to recent data is over priced don't be afraid to make a fair offer. If you see one that is under priced you need to ignore the asking price and offer what it's worth and plus some if it's in good condition and/or in a highly desirable neighborhood. If you don't, many other home buyers will.

Under pricing a home is an annoying but effective way of getting multiple offers. Only the very best offer will get accepted and all the others will be out searching again. In Riverside and Moreno Valley areas it is not uncommon to have at least 3 offers the first day and as much as 70 by the end of the week.

The type of listing makes no differance on how much the home will sale for. Rrather it's a short sale, REO, or standard sale. It's worth whatever it's worth and that's what it will sell for regardless of list price. All the sellers and banks are looking at the same comparables that we are. They know what it's worth. There is no magic, just marketing techniques or sellers who really don't want to sell their homes... yet.

Now if you are interested in a seriously flawed property - you may still be able to find a pretty good deal. Maybe.

If you let me know which home you are referring to I am happy to look up the history and see if the current price makes any sense or not.

Linda Christopher, Realtor
951-780-7225
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0 votes 3 answers Share Flag
Mon Sep 14, 2009
Jesse Sierra answered:
Ider,
Each city has its good communities. It all depends where you will be working at. How far are you and your spouse will be willing to drive to and from work.
Have you been pre-qualified.
If you are not working with an agent I can send you some properties by email with your price range and interests.

Your top source for buying real estate,

Jes Sierra, B.Sc.
Realtor®
... more
0 votes 2 answers Share Flag
Sun Jul 26, 2009
David Chamberlain answered:
A Realtor can be involved in the whole process but you should do some of your own footwork and become an educated buyer/seller.

Going to open houses is a good way to shop for agents you can qualify them on the spot with no obligations. It also shows they are active in the community and might actually know something about it.

A seller should not proceed with selling their home without an agent unless they are very familiar with real estate marketing and disclosures. A seller at a minimum should use a real estate attorney to help with the disclosures. On the marketing end an agent typically has the infrastructure already in place.
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0 votes 10 answers Share Flag
Sat Dec 13, 2008
Dallas Texas answered:
You need to contact a real estate attorney and a CPA who can more qualified with all the details handle your file. Brief statements a realtor can potential overlook issues/concerns/ we are not versed in all tax laws and could provide wrong information. ... more
0 votes 3 answers Share Flag
Sat Oct 4, 2008
David answered:
Do you have Mortgage Insurance? You probably do... and didnt you have to show reserves?
0 votes 3 answers Share Flag
Sun Jun 22, 2008
Ute Ferdig - Atty. Negotiator answered:
Most county building departments have a website where you can research the building permit status. I have included the link for the permit status check site for Riverside County (see web reference below). It looks like you'll have to have at least the parcel # for the property to research permit information. If you only have a property address, you'll have to find the APN first and you can do that on that site as well (see Most Popular Queries & Downloads section). I hope this helps. ... more
0 votes 2 answers Share Flag
Thu May 10, 2012
Michael Barron answered:
Hi Claire, I can help you with this but need more specific information. Do you an actual Street address,and I can get this information to you

Kind Regards
Michael Barron
First Team Real Estate
(714) 552-6817
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0 votes 4 answers Share Flag
Tue Sep 25, 2012
Cindy Vedder answered:
The average cost of remodels (from what I hear) is between $90.00 and $120.00 per sq. foot. If you visit the National Association of Realtors, Realtor.org. page you will find 1190 returns on this very topic and will undoubtedly find just what you are looking for. Good Luck. Cindy Vedder. ... more
0 votes 3 answers Share Flag
Sat Dec 13, 2008
Deborah Engel, GRI, ABR, e-PRO answered:
In addition to what Jennifer said (I am in San Diego, so I agree with the weather), there's the ocean and you are close to just about every activity you can think of, no matter what area in California that you live in. California is also a front-runner to a lot of policies and laws later adopted by other states. ... more
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