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93725 : Real Estate Advice

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Activity 237
Mon Mar 19, 2012
John Bender answered:
Hi Connie. Locating an owner of a property is a simple matter of a title search, but I doubt that a professional is going to post owner information on a web forum like this.
0 votes 2 answers Share Flag
Fri Mar 9, 2012
Bill Pfeif answered:
93720,93730,93619,93722,93727 will have the most appreciation but all areas will appreciate. It is my qualified opinion we are at the bottom of the market and if you are on the fence it is time to get off and buy. Properties are scarce and buyers are abundant. Interest rates are as low as you can ever expct them to be. The monthly payment of each $1,000.00 at 4% over 30 years is only $ 4.77 per month. Multiply that by how many thousand dollars you want to borrow and you have a principal and interest payment. As you can see rents are higher. On the FHA loan you only need 3.5 % down which is no more than first, last, and a deposit.
Don't wait as the market is turning and we are approaching the busy time of year.
Sincerely,
Bill Pfeif
Pfeif Residential Group
9415 N FT Washington Blvd
Fresno, CA 93730
559 433-1929
559 260-0974 cell
... more
0 votes 2 answers Share Flag
Sat Apr 21, 2012
Ron Thomas answered:
I have found that LISTENING is the key:
The Buyer has wants and needs; and we must satisfy those for there to be a good sale.
0 votes 3 answers Share Flag
Wed Mar 7, 2012
Ron Thomas answered:
make sure it is not a scam.
Read the lease.
Keep a copy of everything.
0 votes 3 answers Share Flag
Mon Mar 5, 2012
Laura Corey answered:
Average time is about 3 months to get an approval, but I've seen it take as little as two days, and as long as a year and a half. The listing agent is the one who does the processing, it's important that he is knowledgeable and diligent.

One advantage to a short sale over a foreclosure is that you still have the homeowner as a resource for information on the home, and he is obligated to give you disclosures about the home. On the flip side, most sellers either can't or will not do repairs, even if they are necessary for financing.

An experienced agent in your area should be able to guide you through the pitfalls, and make sure all of your questions are answered along the way.

Good luck!

Laura Corey
Guarantee Real Estate
License #01303203
559-949-SOLD
laura@guarantee.com
... more
0 votes 3 answers Share Flag
Sun Mar 4, 2012
Stephanie Greenberg answered:
1) Get pre-approved for a loan. This way you will know how much home you can afford. It will make the home shopping experience more pleasant if you know what you can afford.

2) Hook up with a a Realtor who is local and knows the market. A large percentage of our inventory are foreclosed or short sale homes and you have to write your offer in a way where it will be accepted.

3) Inventory is short in Fresno and Clovis right now so do not be discouraged if you get bid out of the first couple of homes you put offers on.

Good luck!
... more
0 votes 1 answer Share Flag
Thu Mar 8, 2012
Tom Avent answered:
All closing costs can be negotiated, both recurring and non-recurring. If you email me, I can send you an estimated closing cost sheet with itemized closing costs for you to look at based on any sales price. ... more
0 votes 2 answers Share Flag
Fri Jan 25, 2013
Marcantoni & Sanderson answered:
Go to www.Fresno-RE-Group.com 'Sellers Resources' section for a list of effective things you can do.
0 votes 6 answers Share Flag
Thu May 10, 2012
Alain Picard answered:
If your agent is telling you that they aren't accepting backup offers then she's probably right. If you don't believe her or it says that they are have her call the listing agent and ask. If they are accepting backup offers then you could make an offer however the current offer that they have accepted has to fall through for them to accept yours. They can't just take your offer even if it's a better offer if they are under contract with a buyer. ... more
0 votes 9 answers Share Flag
Wed Feb 1, 2012
Linda S. Cefalu answered:
Your agent may have a good reason for listing it way he/she did. However, usually the extra bedroom would win over the study, but not always.
0 votes 5 answers Share Flag
Tue Jan 31, 2012
Art Falcon answered:
I can provide you with plenty of information. I work with several investors and have listings in that area. Feel free to contact me at (559) 960-2812 to discuss. Thank you.
0 votes 5 answers Share Flag
Mon Jan 23, 2012
Ron Thomas answered:
Sue,
I will give you more than you asked for, so that you analyze what you are seeing:

1st Quarter, 2011 54 houses 98 DOM Median $192,500 Average $220,423
2nd Quarter 2011 106 houses 104 DOM Median $210,000 Average $265,000
3rd Quarter 2011 131 houses 131 DOM Median $234,137 Average $248,000
4th Quarter 2011 84 houses 84 DOM Median $206,950 Average $253,356
Last 90 days 97 houses 87 DOM Median $220,000 Average $278,521

Understand that this is only for 93711, as you asked, so it isn't a large sample.
But you probably can see some trends.

Good luck and may God bless
... more
0 votes 1 answer Share Flag
Mon Jan 23, 2012
Pamela Santy answered:
This depends on the pricing. If a property is priced at market value it will move quickly 5 -6 days.Fresno's inventory of homes are very low right now in all zipcodes. However, buyers are still not willing to pay over market value so if a home is priced over market value it usually sits on the market until the seller reduces the price ... more
0 votes 4 answers Share Flag
Sat Jul 27, 2013
Craig Barton answered:
Hi Nikki, FHA financing will allow for a new home purchase 2 years after a BK has been discharged. Conventional financing requires 5 years. What type of loan do you have on your current home? All lenders will requires that you have re-established credit, at least a 640 middle credit score and no late payments after the BK. if I can be of assistance in any way answering additional questions please let me know!

Craig Barton
Valley Wide Homes
CraigBarton@vwhl.com
559-349-1950 Direct
... more
0 votes 6 answers Share Flag
Sat Jan 21, 2012
Tom Avent answered:
Tue Jan 3, 2012
Mark Overholtzer answered:
Not only do we have access to more homes for sale but we have access to more up to date information.
0 votes 11 answers Share Flag
Thu Dec 29, 2011
Edith Karoline Jasser answered:
Wow all good questions, but I suggest to you Ron to put all of the above into the blog section of this site, there you will get more detailed thoughts and responses from Agents who are just as frustrated as you are. This part of Q & A is really for the buying and selling public as I understand the terms.

Good luck hope to see all of the above in the block section soon.
Edith YourRealtor4Life and Chicago and Northern Illinois North Shore Expert
Working always in the very BEST interest of her clients....
... more
0 votes 8 answers Share Flag
Fri Dec 9, 2011
Shawn Ryan Rosa answered:
You can place as many offers as you want as long as you are qualified to buy. If you are placing an offer on 10 different homes and will only actually buy 1 of them, then yes it is unethical and you are wasting the time of numerous people (seller, rea ltor, bank, etc.). However, if you are placing an offer on 10 different homes and have the financial capability to buy all 10 homes (should you offers be approved by every bank), then there is nothing wrong that. ... more
0 votes 7 answers Share Flag
Wed Oct 31, 2012
Ted Canto answered:
Yes you can so long it will continue for 3 yrs or more and make sure to document the legal guardianship and the 3 yr continuance.
0 votes 5 answers Share Flag
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