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94526 : Real Estate Advice

  • All31
  • Local Info1
  • Home Buying11
  • Home Selling4
  • Market Conditions0

Activity 110
Fri Oct 30, 2009
Arturo Shivers answered:
Hi Valley,

The MLS indicates that this home is now Back on the Market due to Buyer Non-Performance; the buyer possible had a significant change in their FICO score or was unable to provide funds to close, etc.

Regarding condition, the MLS also indicates 'pride of ownership'. This doesn't mean anything isn't wrong with the property; only a detail whole house and wood destroying pest inspection will reveal significant defects to the structure and systems.

Showing is easy and the listing agent in a well respected long time Realtor and is in my personal network of real estate practitioners.

Are you working with an agent? If not, please give me a call to schedule a showing. You may also search properties and contact me through my web site.

Arturo C. Shivers, Realtor
Lic. #01779941
Keller Williams Realty
760 Camino Ramon, Suite 200
Danville, CA 94526
Office: (925) 855-8333 Ext. 272
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0 votes 4 answers Share Flag
Thu Oct 15, 2009
Steve Curtis answered:
Good evening ... First welcome to the East Bay. You are now residents of at least one of the best places in the country to live. McGee Ranch contains both semi-custom and full custom homes. And the range of prices is large running from $1 million to over $2.1 million for a couple of recent sales. It is a delightful community with a great sense of being way out in the country and yet reasonably accessible to almost everything.

There are literally no undesirable areas of either Danville or Alamo (I know that sounds like a Realtor talking). We do have a wide variety ranging from post World War II bungalows to long, low ranchers on big flat lots to very upscale mansions on several acres for several million dollars.

The averages in Danville are apx $1,050,000 list price and $919,000 sale price, while Alamo is at $1,135,000 list and $1,028,000 sale price.

We can find new, old, view homes, big yards, small yards, isolated and downtown. Let me know what your ideal home is and we'll go find it.

Contact me at your convenience at 925-408-0037 or email at: Steve@SteveCurtisHome.com .

SteveCurtis
Broker / Owner
Windermere
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0 votes 7 answers Share Flag
Wed Oct 7, 2009
John Herrigel answered:
I would say it all depends on how honest you want to be and what your actual loan documents say. If you were the bank, would you want to know if somebody was not renting it whom has originally said they were living in it?

Most banks probably don't really care, as long as you keep making your payments. I personally would not worry about changing your address.
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0 votes 7 answers Share Flag
Mon Nov 30, 2009
Steven Ornellas answered:
Hi Gigi,

You DO NOT have to tell the bank you are renting the property.

Best, Steve
Realtor® / Mortgage Broker / Certified Mortgage Planning Specialist®
0 votes 3 answers Share Flag
Tue Oct 6, 2009
answered:
It's attached to that property address. You can't move it around. That's called a line of credit which is not attached to anything...and I wouldn't recommend closing it because those suckers are hard to get on investment properties. You'll have to qualify for another Equity line on the new property. ... more
0 votes 2 answers Share Flag
Sun Jan 10, 2010
Bob and Debbie Gibbs answered:
Hello,
Only time will tell if it is priced high. The location, albeit industrial, offers many benefits such as easy freeway access, plenty of shopping and restraunts within walking distance, and the San Ramon Valley Unified School District. I do know that sellers are open to negotiate so a well written offer supported by comparable sales will get the attention of the sellers. ... more
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Wed Nov 30, 2011
Tammy Durbin answered:
When I worked on the selling side of a short sale with Chase it took two months to get the approval and then another thirty days to settle. Some short sales transaction can take less it just depends which case manager they are assigned to and how many properties that person is currently handling. Once they receive an offer they usually have other brokers perform bpo's (broker priced opinion) to verify the value. These are like mini appraisals. Unfortunately this can be a long process, but usually the discounted price is worth the wait. Good luck. ... more
0 votes 5 answers Share Flag
Tue Aug 18, 2009
CCC answered:
I had been dealing with them and they are very good.
Once you have an offer they dont care about the sellers finantials. Fax them a complete package.
If you dont know what you need, call them an ask. They are friendly.
In one case, they ordered BPO in about a week.
In one property I got a counter offer in a week. I could not believe it.
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0 votes 6 answers Share Flag
Sat Jul 11, 2009
Richard Hoag answered:
Simple answer...NO, because I will offer $2 to outbid you...then someone else will bid something approximating the fair market value.
0 votes 2 answers Share Flag
Wed May 26, 2010
Johnny Huang, MBA answered:
I'm sure what you are asking but don't building anything unless your name is on title.
0 votes 3 answers Share Flag
Sun Jan 10, 2010
Richard Hoag answered:
Hi Ajayc,

RealtyTrac is not reliable information for your needs...what it shows is properties who may be going down the road of foreclosure and the loan amount for the lender who is foreclosing. For example, a $1,000,000 home with two mortgages, first mortgage for $800,000 and second mortgage for $200,000. Homeowner stops making payment on the second, but keep the first mortgage payments current. Holder of second mortgage files foreclosure (about a 120 day process)...RealtyTrac reports the public foreclosure filing showing the property address and the amount of the second mortgage...then consumers see it and think "Wow, a million dollar house for $200,000". Well, in your Deer Meadow example, yes, a bank may be getting the property back through a foreclosure proceeding, but it may take several months before it becomes available on the market and most certainly will be listed on MLS at a price approximating fair market value. The best deals are those investors with ALL CASH who are scooping up properties on the doorstep of the county office the day they are "auctioned" (not really an auction, per se, but a bank rep will be there and if anyone makes on offer, they consider it." The average consumer will still have to wait until the properties are listed at a price based on several Broker Pricing Opinions that the banks use to decide what to list the price for. The BPO prices are based on (3) active comparable listings and (3) recently sold comparable properties....so not room for much discounting. That said, I have seen many REO's coming on the market priced well below the average of the most recent solds...by about 10% on average. So decent REO buys are available, but you need to move quickly...and I mean quickly (make your offer within 24 hours of the property being listed), otherwise you may find yourself competing with many others. I have more tips for pursuing REO properties; if you would like to chat and develop a winning REO buying strategy, give me a call. I would enjoy assisting you!

Rich
925.876.1460
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0 votes 8 answers Share Flag
Wed Jul 8, 2009
Rachel Knight answered:
If you are referring to Alta Vista Way in Danville (off Camino Tassajara Road), that is a very nice area. The homes are bright and spacious, the yards are large (some yards back to open space) plus the schools are top-rated. How can you go wrong? Most of the homes there in Cameo Crest and Northridge Hills were built by Signature Homes between 13-16 years ago. If I can be of further help to you, please let me know. ... more
0 votes 1 answer Share Flag
Fri May 29, 2009
Suzanne Looker answered:
Hi SQTran,
There are some foreclosures for these prices that reflect their condition, location or other factors. If they are a foreclosure, not a short sale, the price should be close to the actual purchase price, however, we are finding that multiple offers are bringing the actual prices up. Each property should be evaluated individually when making an offer. I can send you statistics on foreclosure homes in Danville to get a feel for their actual sell price.
Regards,
Suzanne Looker
... more
0 votes 5 answers Share Flag
Wed Nov 4, 2009
Scott Summers answered:
Hi. I use home guard. They did one for me on tuesday. Very thorough inspections. http://www.homeguard.com/livermore/main.html
0 votes 4 answers Share Flag
Wed May 13, 2009
Arturo Shivers answered:
Hello Rodeo-Friendly Family,

There are several properties for sale that meet your needs (area, staging area, barn/stables). But they are not for lease. I also searched Martinez/Lafayette/Orinda/Moraga for lease properties greater than 10 acres and turned up zero. I would be glad to be your 'eyes and ears'. You may contact me through my web site. ... more
0 votes 1 answer Share Flag
Sat Jul 11, 2009
Rachel Knight answered:
Hiring a Realtor® is a lot like buying shoes... there are sizes and styles to fit everyone! Obviously, you'll want someone who knows your target area inside and out -- homes, prices, neighborhoods, schools, parks, shopping, etc. Choose a licensed agent who is a good fit for both your and your wife's styles, because you're going to spend a LOT of time with them! It also helps to work with someone who has experience helping families, because visiting properties and signing documents with young children presents specific challenges.
Home prices and interest rates are at historic lows, so this is a GREAT time to be a buyer! Please contact me if I can be of further help to you. Best of luck!
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0 votes 2 answers Share Flag
Wed Nov 4, 2009
Suzanne Looker answered:
Hi Steve,

I tend to agree with you. Properties in upscale neighborhoods are no longer insulated from the economic downturn. In fact, in almost every community, foreclosures have had a tremendous impact as conventional sellers price their homes to appraise.

Truly this year is, THE year to purchase a home, if the purchaser has enough income to support payments, credit scores are in the correct range and there is some down payment money.

Suzanne Looker
... more
0 votes 7 answers Share Flag
Fri Mar 27, 2009
Jerry Flynn answered:
Al,

I know right where they are, I live right up the street from them. I'm not sure what the membership fees are, but I can find out for you if you like.

This is a hot area, and it is hard to find property for sale in the Blackhawk Tennis Villas. If you want me to keep an eye out for you, just let me know.

Thanks Al and you have a Great Day.

Jerry Flynn
Old West Realty Inc.
Danville, Ca. 94506
925-820-6550
oldwestinc@yahoo.com
http://searchdanvillesanramon.com
... more
0 votes 3 answers Share Flag
Sat Oct 24, 2009
David Chamberlain answered:
Sounds like a baited question.

First I would ask, Can you afford to buy a home?
0 votes 27 answers Share Flag
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