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92821 : Real Estate Advice

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  • Local Info1
  • Home Buying15
  • Home Selling4
  • Market Conditions0

Activity 44
Mon Apr 21, 2008
Keith Sorem answered:
Michael
I do not work that market, however I can tell a few things that you might want to check out.
Home values are driven by a couple of key things:
1. School test scores. There are even differences within school districts, meaning that you can have a school district, and if a cluster of schools are have higher test scores, home values will reflect that.
2. City services - particularly police. Crime statistics affect home values,
3. City administration - The way a city manages building permits, zoning permits, affects the quality of the housing stock. For example, are set backs (the distance from the street edge to the front of the house), generally the deeper the set back the higher the value. Also, fencing. Some cities prohibit fences in the front yard. Other cities have no code and you can drive along blocks where you have very little set back and chain link fences.

If you are considering purchasing a home I recommend working with a Realtor that is familiar with the area you are considering. Realtors track local market conditions, and know market values. When looking for a home, a good Realtor can save you time, money, and stress.

Good luck
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Tue Feb 16, 2010
Durenda Fachtmann CEC CRS GRI answered:
Ktong
If you are leveraging your purchase by borrowing money, your lender will order the appraisal. The entire reason for lender appraisal on a purchase is to determine the risk the lender is taking in lending you the funds to purchase.
If the property isn't worth the purchase price in accordance with the terms of your loan program, the property will not appraise out.
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Wed Apr 23, 2008
Kirsten Hagen answered:
There is an expert on these radiant heating systems in Redwood City - his name is William Lipp, Wm. Lipp Hydronics, INc. 650-261-1457. He can tell you the benefits and drawbacks of your particular system, and do an inspection for you, if you're in his area. If not, maybe he can refer you to someone in your area who can help you. Good luck.

Kirsten
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Tue May 26, 2015
Bruce Lynn answered:
You might try Lisa Vander and Pacific Blue Investments. http://www.lisavander.com/index.htm . My advice is just don't spend a LOT of money taking seminars. I see too many people spending TONs of money on seminars and not doing any deals. You'll never have enough information to be 100% risk free. ... more
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