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Contra Costa County : Real Estate Advice

  • All67
  • Local Info5
  • Home Buying38
  • Home Selling3
  • Market Conditions1

Activity 2,054
Thu Feb 12, 2015
The Medford Team answered:
To calculate the CAP rate for anything, you do the following:

1. Get the most recent sale price or, in the case of new construction, order an appraisal and get a fair market value.
2. Determine the net operating income for the property (current or projected gross rental income minus current or projected expenses paid by the owner (taxes, insurance, any financing costs, operating costs, etc.).
3. Divide the net operating income by the sale price (or appraised value, if new) to get the CAP rate.

NOI / Price = CAP Rate

In this case, we would need extensive information from you to actually determine the CAP rate. Since you’ve given us nothing, I’m hoping the above formula is what you actually need.
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Sat Nov 24, 2012
Michelle Saputo answered:

This may help you? I'm not exactly sure what your question is...I'm here to help if you need anything.
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Tue Nov 20, 2012
Ron Thomas answered:
Mon Nov 19, 2012
Tina Lam answered:
If you have a mutual cancellation with instructions for escrow to return your deposit and you don't sign it, then escrow must hold on to the deposit per standard CAR instructions. It's not a threat, just procedural. You should discuss with your real estate broker how this should be handled as we're not in position to offer you advice. ... more
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Mon Nov 26, 2012
Plenty of other lenders will do manual underwriting besides Fremont Bank. Fremont Bank tends to focus on high volume refinances and call centers to drive their mortgage business. Their rates are competitive but I would anticipate the service not being as good as other lenders and that purchase business is not their focus. To be fair, most lenders are not going to have a lot of raving reviews online considering the lending environment we are in. ... more
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Wed Nov 14, 2012
Taj Weldon answered:
Hi Judy,
Each home has specific tax amounts and HOA fees.

The tax rate is approximately 1.25% of the property's assessed value -Not including any bonds and assessments /mello Roos .

If you can provide a specific address in Magnolia Greens,I can provide the actual last reported tax amounts .

Taj Weldon
DRE 01816152
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Fri Nov 9, 2012
Kevin and Julie McLaughlin answered:
Typically 'off-calendar' means the lender is trying to work out a modification or short sale with the borrower and the Trustee has been asked to take the sale off the calendar. Be very careful, though. You should always contact your lender to confirm, or if you are doing a short sale, have your agent provide you with the proof - ... more
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Sun Dec 9, 2012
Ron Thomas answered:
We lived in Dublin for 16 years:
When we moved there, everyone wondered why we would buy in the "toolies" it was so far out.
We went through all that road construction on 680, probably 2 years of insane commuting.
Pleasanton is little more up-scale and I understand has a little bit better schools. But I believe that the quality of their education is more you to YOU and what you do at home.
Pleasanton is a little more expensive, but, in the long term, all three will appreciate about the same.
Restaurants are all great and close.
Stoneridge is central and other shopping is great.
Your budget may be the deciding factor.
Pick a winner!
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Fri Jun 14, 2013
Vikki Bearman answered:
Hi Kathy,
Usually the new purchase price with determine your taxes. If this is in Rossmoor???? the tax rate is.1.25% of the purchase price. There may be ways to save money however. Was the co-op in a trust for example. It would be good to understand the details. Please call me anytime and I would be happy to review with you.
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Sun Nov 4, 2012
Kevin Hubbard answered:
Hi Sheryl,
Yes, Kevin is a licensed contractor and has been for 22 years. I am a designer and have my own company as well. We are a fmaily of 5 and looking for an rental property for a year and can offer our services as a trade in part. Also, I am interested in buying - feel free to contact me for further discussions!
Thank you.
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Mon Nov 5, 2012
Alison Hillman answered:
Hi Alexandria,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's Trulia listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Ali, Trulia Voices Community Manager
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Tue Apr 30, 2013
Bernard Gibbons answered:
It is not unheard of but in general, rental properties are leased unfurnished with the possible exceptions of fridge, washer & dryer.

Most landlords expect a tenant to sign a 1 year lease and most tenants already have there own furniture. For shorter terms, people sometimes rent furniture or stay at one of the extended stay hotels in the area.

You will find virtually all the rentals of all types on CraigsList.
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Mon Nov 5, 2012
Bernard Gibbons answered:
That is a fact! I specialize in these areas and listings are few and far between right now. I know of a couple that will likely come on the market in Bollinger Hills early next year. I listed three homes in Twin Creeks View earlier in the year and that is more activity than usual in one year.

Twin Creeks View homes really don't turn over very much for good reason. Home owners there are very happy with them. Bollinger Hills activity is lower than usual but it should pick up in the new year.

You can read more abou all of Twin Creeks at and you can see a Bollinger Hills update at

Contact me off-line if you would like to get an advantage in buying a home in either of these areas.

Bernard Gibbons

Bernard Gibbons, J. Rockcliff Realtors
DRE License # 01331583
Phone (925) 997-1585 -
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Fri Nov 2, 2012
Pacita Dimacali answered:
Your best bet may be to attend one of these events, see how it's done. The rules may be different depending on who the foreclosing bank is.

Since you've seen, then you may also have seen events planned on when people can go and bid on the spot. You don't have to bid to attend. has a calendar of events --- make plans to attend one
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Wed Oct 31, 2012
John D Fink answered:
A good source of information regarding HOA's in Brentwood can be gotten from a local title company or you can call the City of Brentwood's Community Development Department and they have a list. ... more
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Wed Oct 31, 2012
Michelle Prebilic Reese answered:
I am not aware of any restricted hours for trick or treating in Walnut Creek. The City website does not list anything either. I'd say between 5:30 pm for the little ones, to 9:00 - 9:30 for the teens. Have a safe and fun day! ... more
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Wed Oct 31, 2012
Tina Lam answered:
Are you asking if there is a crime rate in that zip code?
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Tue Oct 30, 2012
Denise Russo answered:
This is a quiet, established community in Concord. I have a relative who lives there and refuses to move because he loves how he is close to everything such as bart, freeways, restaurants and more. There are quite a few homes that have been remodeled over the last few years and currently as well. Here is a link with more info below. If you need more help or a list of available properties, please contact me at or call 925-783-6749. ... more
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