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Bakersfield : Real Estate Advice

  • All678
  • Local Info49
  • Home Buying232
  • Home Selling15
  • Market Conditions21

Activity 369
Thu Apr 12, 2012
Robert D Hughes answered:
Heidiho, in my experience everything is negotiable.Some pay on the gross others on the Net. All depends on what is agreed upon by the parties involved. Variable rates adjusting down are also common on 5+ year NNN leases. Speak with your representative to get a clear understanding on the payment structure.

Happy New Year and good luck,

Rob Hughes-Long and Foster RE INC.
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Mon Dec 12, 2011
Amanda Mitts answered:
Yes it is. It is also currently contingent. Please let me know if you have any questions.

Thank you.
0 votes 3 answers Share Flag
Mon Dec 12, 2011
Anna M Brocco answered:
See links for helpful information.
http://portal.hud.gov/hudportal/HUD?src=/topics/homes_for_sale
http://www.homepath.com/
0 votes 4 answers Share Flag
Fri Feb 17, 2012
Valerie Ulrey answered:
Sites like Trulia and Zillow are not used by the real estate appraisal industry... they are for marketing and public information. In real estate, homes are compared by proximity and likeness. As a Realtor, if I am comparing homes in order to establish a listing price or an offering price, I look at homes within 1/4 mile. Then the size of the home and the lot, along with amenities and number of bedrooms and bathrooms are taken into account.
I wouldn't be concerned for a moment by what homes Trulia or Zillow is comparing yours to... They don't have any influence on the value of your home. If you are trying to establish the market value of your home just because you are curious, then look at the recent sales (last 6 months) within your neighborhood. Find the homes that have similar number of bedrooms and bathrooms and comparable size... then you'll find the market value of your home.

Have a good evening,
Valerie
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Wed Nov 23, 2011
Rudi Hofmann answered:
Google Rental Application. There are several free ones on line. Call and ask if they will accept one of these or would they email you on of theirs.

Happy renting, Rudi
0 votes 1 answer Share Flag
Thu Oct 25, 2012
Terry Bell answered:
Buying foreclosures can be a frustrating venture, especially when you don't have cash. I hope you have found a good agent to work with as that is the most important way to get your ducks in order to prepare for an offer. Your agent should be clear on what your looking for and when you find something, should be calling the listing agent immediately to find out what the competition is like. although selling agents cannot tell you what the actual other offers are, they can give you some general idea. Also, I try and encourage my clients to choose houses with minor defects that have fewer buyers competing, or watch for a short sale. If your pre-approval is for a very low down, you might try and increase your downpayment. Best, Terry Bell, Realtor, Santa Rosa, CA ... more
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Sun Nov 13, 2011
Ron Thomas answered:
HOA's are not the gentilest and kindest businesses in the world;
You may have a lot more concerns than just the RV parking:
I would suggest that you go there, walk around and meet some of your new neighbors;
Ask them about living there and the HOA in particular.
The HOA Board is probably made up of residents and you may run into one of them.
It would be best to get a copy of the CCR's, but you can find out a lot before you commit.

Good luck and may God bless
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Mon Jun 17, 2013
Walter 'Skip' Kersten answered:
Sun May 6, 2012
Dan Tabit answered:
Eldelle,
A home's value is always subject to change. A few years ago things were going up 10% to 20% a year, which is part of why we are in this mess. The decision will depend on your short, medium and long term plans and where you think the market is going. If you need the proceeds now, sell soon. If you bought it as a long term investment and are getting a reasonable rent, hold on and wait for things to recover. How soon that will take is anybody's guess. ... more
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Thu Nov 24, 2011
Anna M Brocco answered:
If unfamiliar with the area, do visit more than once and at different times of day, possibly chat with locals/neighbors. For any safety/crime concerns contact/visit the local police department with all all your questions, hear all there is to hear firshand; real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods.....
http://www.spotcrime.com
http://www.neighborhoodscout.com
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0 votes 3 answers Share Flag
Fri Feb 17, 2012
Teddy Richert, REALTOR answered:
Hello Patti, Your question invites a range of questions that you will want to answer to clarify your needs and desires as you consider the real value of your home. You cannot compare a phone book list of professionals to working with a trusted Real Estate Residential Specialist who is connected to a proven and accountable labor force. It would relate to an All Star Football team having no prior practice together, if you call contractors and experts with whom you have no previous experience. Call me, Teddy Richert, REALTOR, at 661-319-0401. My ReMax Magic team is already working for you I will be your single point of contact for your real estate needs. Just evaluating? Good. Let's look at your options in real terms. Yesterday's market is today's fantasy. However, today's market has it's own benefits. Let's discuss your answers to discover your real benefits today. Call 661-319-0401 for an appointment. ... more
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Thu Apr 12, 2012
Tim Moore answered:
I think Texas has some............
0 votes 5 answers Share Flag
Thu Apr 12, 2012
Cheryl Pauley answered:
McKinzie Nielsen has one listed. 20-30 minutes away from Bakersfield. 78 acres , new 3400 'ish (?) sq ft home) rv garage etc.
Give me a call for view by appt only
CherylpauleyGRI@aol.com
661-333-1987
McKinzie Nielsen Real Estate
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0 votes 8 answers Share Flag
Thu Aug 15, 2013
Juanita Brooks answered:
Were the comps around the 203 mark and your upgrades was anything other the 3rd car garage, pool, or extra bath, then the upgrades are just something that would help the house sale faster, but does not add a lot of value. The appraiser has to go by the comps in you area, the reappraisal is to verify what the value of the house is worth. If you have higher comps in your area that the appraiser can use, then the higher the value on your home. Hope this has help if you have any other questions just call me at 661 204-8669 Thanks Juanita Brooks ... more
0 votes 5 answers Share Flag
Sun Oct 28, 2012
Don Tepper answered:
Congratulations on paying off your debt.

What you did should have helped your credit score. Check with a loan officer or mortgage broker who can review your credit report and see what's going on.

Good luck.
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0 votes 9 answers Share Flag
Fri Feb 17, 2012
Alex Pereira and Secure Realty answered:
There is nothing wrong with ARM loans if you know how to use them. In order for your 7 year plan to work you have to be certain you infact are moving and more importantly expect the market to be higher than it is today in order to recoup your costs and agent fees when you sell. No one can predict rates 7 years from now with any degree of accuracy but suffice to say an arm is not the end of the world you just have to make sure you believe you can afford the payment should the arm adjust higher. Everything will depend on the index they have you under (usually tbill or libor). You can track those indexes by doing a search for them for the respective index the loan terms will give you. Historically those indexes have usually hovered between 4-6%. They are unusually low today (less than 1%). You then take a look at the margin the lender is offering you (most right now are at 2.25). you add the index plus the margin and that will give you an interest rate. Calculate your payment on that rate assuming whatever assumptions you feel comfortable with and see if you believe you can afford the payment along with new living conditions wherever you move. If the answer is a comfortable yes than you might be a candidate for an arm. If the answer is no then fix is the way to go. ... more
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Thu Aug 15, 2013
Brenda Feria answered:
If you will be moving within 5years, why would you want to pay for a 30 year loan if you are sure that you won't need it? The rate is higher for a 30 year loan for a reason.
0 votes 8 answers Share Flag
Sat Sep 10, 2011
Anna M Brocco answered:
Visit with any loan officer, after reviewing your overall financial information, income, credit, debt, etc., a determination can be made; at the very least, if you don't yet qualify, he/she can make great suggestions as to what needs to be done, in order to borrow in the near future... ... more
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Mon Sep 12, 2011
Alicia answered:
by the way we got qualified for $200,00 and i beleive credit scores 640ish???
0 votes 15 answers Share Flag
Sun Sep 4, 2011
Elizabeth Herbert answered:
Hello!

Anybody can buy real estate in America. However for financing, depending on your residency status and whether you're purchasing your property as an individual or as a business entity, certain lending programs may also be available to you as well. Each Lender has their own specifications and most would require at least a 40-50% down payment for a non-resident. ... more
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