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94025 : Real Estate Advice

  • All30
  • Local Info6
  • Home Buying13
  • Home Selling1
  • Market Conditions0

Activity 50
Wed May 21, 2008
Pam Winterbauer answered:

Your mortgage broker or bank will contact an appraiser that works in conjunction and approved by the lender who is making the loan. It will be an independant party.
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Fri Apr 9, 2010
Allison Klein answered:
Appraisal values are usually based on comps of surrounding homes that have recently sold so they are a good indicator of what your home would sell for. However, your home will only sell for what someone is willing to pay for it and this may be different than what figures the appraised value came in at. ... more
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Fri Apr 9, 2010
Vicki Moore answered:
There are standards for each county. It's true that in San Mateo County it is standard for the buyer to pay closing costs such as title and escrow fees and loan points. Sellers typically pay the city (if there is one) and county transfer taxes and the hazard report. ... more
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Fri Mar 25, 2011
Terry Lasky answered:
Hello Matt,
Keep in mind that only 2% of homes nationally sell off an open house. Open houses are very effective for agents to try to attract buyers (with the hope that just one will be interested in your home). I have sold over 500 homes and only 2 of my sales came off the open house. I generally try to hold open my listings every 3 weeks (not too often as to look desperate and hurt your negotiation position with prospective buyers). My listings get advertised in the Sunday Homes section of the local paper (which helps to give extra exposure). Open house schedules should be discussed when interviewing agents and ultimately it's important that you feel the agent you hire understands your needs and can implement solutions to arrive at your desired goals (open houses only being one venue). I hope that helps, but feel free to contact me if I can be of any more assistance. ... more
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Fri Apr 9, 2010
Shirley Andriopoulos answered:
Hello Marie,
The last sales history on the property at 1730 Stanford was in 2004 when it sold for $1,900,000. Currently it is on the market for $2,799,000. The marketing states the homes has been extensively remodeled. The property located at 1868 Camino de Los Robles last sold in May 1999 for $1,750,000 and is currently on the market for $2,799,000 as well. If you need further information please feel free to contact me directly 650-619-8434. The location of both homes are highly desirable, thus the great upward trend . ... more
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Wed Apr 23, 2008
Kevin Boer answered:
I've done several transactions in that's what records show for these properties:

2101 Camino a los Cerros
Sold in 2/2004 sold for $660K
Sold in 1/2007 for $1.15M

2001 Sharon Road
No sales history found

2007 Sharon Road
No sales history found

2021 Ashton
Sold in 5/2007 for $1.225M

Homes in West Menlo / the Alameda have generally weathered the recent storm fairly well, a testament to the good local schools, which is the main driver of property values in this area.

Hope this helps.
... more
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Fri Apr 9, 2010
Mario Pinedo, Ccim answered:
Having lived in the far west of Menlo Park - the county portion by Alameda de las Pulgas - I can confidently say there are no cons except for the cost of it all! It is a wonderful community. The one thing that is a downside though is the quality of Menlo Atherton High School. This is in stark contrast to living in Palo Alto where both high schools are outstanding, as are the lower grade schools too. Many parents opt for private high school options in Menlo Park. ... more
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Fri Apr 9, 2010 answered:
Mariano, are you looking more for rental income or price appreciation? I know ideally you would like both, but sometimes the properties that give the most rental income/cashflow are not in the best areas. If you want more price appreciation a place like Sharon Heights is great. If you are looking for rental income, multi-unit properties around El Camino Real might be the way to go. ... more
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Sun Jun 28, 2015
The Hagley Group answered:
Your best bet is to call the local police department and get information from them.
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Tue Oct 21, 2014
Deborah Madey answered:
The greatest value a pool will add to your home is the value it brings to you, your family and friends in terms of enjoyment and memories. In certain communities, where pools are common, a "nice" pool will help sell a property faster, perhaps for slightly more. In a community where pools are common, a pool that is not up to the typical pools of the neighborhood will detract from the value of the property. Some buyers seek pools, while others specifically and purposely avoid them. Put in a pool for personal enjoyment, not as a 'money maker.' A nice pool may add only a small amount of value to a property. ... more
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