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94002 : Real Estate Advice

  • All27
  • Local Info0
  • Home Buying14
  • Home Selling3
  • Market Conditions0

Activity 30
Wed Oct 29, 2008
Stew Keene answered:
Dear REI,

Any market will suit you if the area, location and neighborhood is right and you buy the home cheap enough.

If you are using a Realtor who knows the Bay area, you would already have the numbers.

You should be able to find an investment property close enough to you.

Good Luck,

Stew Keene
Ph (480) 220-7491
Fax (8660 711 8573
Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient
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Wed Oct 1, 2008
Glen Mitchell answered:
Al, in many cases the broker doesn't charge you a fee. They get rebated by the lender. Typically when you pay a fee it is to get the loan percentage lowered. For example and purely example.. say you pay 1 point(1% point) your rate may be 5.5% and if you pay 2 points 5.0%. You could get the same loan terms without paying any points and maybe that rate is 6%. In all those cases the bank will most likely be rebating the broker some amount. It could be 1% or more. It could also be less. Shop around a little and ask brokers what their fees are and current rates. Keep in mind these can change daily and sometimes even more often in these current markets. If you don't have a real estate broker check in with me for any needed help. I also do loans for some clients through a loan company I'm associated with.
Glen Mitchell
Licensed Broker in Calif. and Hawaii
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Fri Apr 9, 2010
Jonathan James answered:
welcome to the world of short sales. Is the listing agent requesting the agent reduce their commission?
0 votes 10 answers Share Flag
Fri Aug 8, 2008
Vicki Moore answered:
It sounds like the situation has really deteriorated and perhaps legal counsel is necessary. Legal Aid Society of San Mateo County,
800-381-8898 They'll be able to review what's happened and advise what your next steps should be.

I also suggest keeping a record of every interaction you have - phone calls, conversations, messages, etc.
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Tue Aug 19, 2008
Gene Yakubovich answered:
I have a listing in Belmont for $ 598,900., this house is own by Bank. In one day I recieved multiple offers all over asking price. This house need updates and infested with termites and dry rod. The market in Belmont didn't change a lot. In my opinion you need aRE agent to see how the price offered by seller compares to the current area market and agent will help you to determine how much youtr offer should be

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Mon Jun 2, 2008
CJ Brasiel answered:
Ann -

Lead is normally an issue if there is peeling or chipping paint. For many homes built between 1940 and 1960 lead paint was used. You can have a section of paint tested by using a test kit or take it to a lab. Here is one online site that sells the test kits.

If there is lead in the sample hire a professional to scrape,sand, remove the existing paint and then repaint. The key is removing chips or peeling areas and then fresh paint. You don't want to inhale the dust or ingest the old paint. Particularly, do not have children in the house while the work is being done.

Here is a link to a resource article:
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Mon Mar 10, 2008
Alan Louie answered:
How about a 4BR/2Ba home in the Millbrae hills at $3,200. Fantastic view!!
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Tue Oct 23, 2007
The Hagley Group answered:
What is your specific question? Are you looking for auction info?
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Fri Apr 26, 2013
Infinity Realty Network answered:
Depends on a couple of things. If you take out the garage is there enough parking on the street. Are you planning on doing this by yourself or with permits using a contractor. Also do most of the homes in your immediate area have the garages converted. ... more
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