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Foster City : Real Estate Advice

  • All58
  • Local Info4
  • Home Buying22
  • Home Selling2
  • Market Conditions3

Activity 22
Thu Sep 27, 2012
Elena Talis answered:
I don't expect any dramatic moves in the near term. But don't underestimate the affect of politics. Things may start changing faster after the elections.
0 votes 7 answers Share Flag
Thu Sep 27, 2012
Jacob Varghese answered:
Hi Dhiraj,

The best person to answer that question correctly would be the broker/lender with whom you are working.

NMLS 327086
0 votes 3 answers Share Flag
Tue Sep 25, 2012
Tim Moore answered:
Do the conversion and sleep better at night. The one thing you can depend on with the future is that you can't predict it.
0 votes 4 answers Share Flag
Wed Aug 22, 2012
Michael Chalhoub answered:
Hi Steve,

I have some solutions for you.

Feel free to call me to discuss


Michael Chalhoub
Dolphin Real Estate
1700 S. El Camino Real #200
San Mateo CA 94402
650.465.9036 Direct
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0 votes 8 answers Share Flag
Wed Feb 6, 2013
Jeff Tepermeyster answered:
Unfortunately, high HOAs are found not only in FS, rather in all major cities of the Bay Area. And, YES in most cases the HOAa are unjustifiably high. Have you considered a home vs a condo? If you need any assistance please feel free to contact me directly: 415-722-6249; ... more
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Tue Jun 18, 2013
ralph smith answered:
try and find a realtor that deals with foreclosures and shortsales you will get more for your buck this way i can't help you due to the fact I'm an indiana agent

Ralph Smith
GoldStar Realty
574 259 7253
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0 votes 6 answers Share Flag
Sun May 23, 2010
David Tapper answered:
Hi Alex, the value of a home is usually based on location, condition, price and current market conditions like supply and demand. Interest rates also play a major factor.

It sounds like you need an appraiser if you want to know the sq ft of your home. If you need a referral, I have a good one who will not charge you that much if all you need is to find out the size of your home.


Cashin Company
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0 votes 6 answers Share Flag
Tue May 25, 2010
Steve Roake answered:
I'm not sure about your area, but in mine a pool could either be the reason someone buys the home or the reason they pass it up. Many people don't even want to look at homes with pools due to the added risks, maintainance, cost, etc.
As far as pricing, I would first ask your realtor more about comps that sold quickly and how your home compares. Again, my market is much different as there are very few homes over $1 million, but I'd venture to say that some buyers will, for instance search homes up to $1 mil. This would leave your home off the search results even though its within 1% and most buyers would probably still consider it. On the flip side, buyers may search $1 mil to 1.25 millions dollar homes. At $999,999 your home would be left off that list. If your home is really worth about $1 million, that's exactly where I would list it. Please consider this very general information as I am not familiar with your home or local market. Follow up with your Realtor and see what he/she says.
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Sun Sep 27, 2009
The Hagley Group answered:
check out the faq section of the site below...a lot of people use it as a resource
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Mon Sep 7, 2009
Glen Mitchell answered:
If the house is still owned by the person in default and they are willing to cooperate, you may be able to purchase the home as a short sale. That would allow you to get a conventional type loan. If you need help with the process let me know.

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Mon Aug 13, 2012
Mary Molinari answered:
Hi Am, unfortunately we do not see much newer construction of single family homes in Foster City. Have you considered Redwood Shores? Please let me know if I can be of any assistance - thank you
Mary Molinari 650.996.7981 / d.r.e. #01032961 / coldwell banker
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Tue Oct 12, 2010
Wilma L answered:
I think you'll find people that will say it is stable and others that will say that it is not. I personally believe that when you are ready to buy and if you are in it for the long run, the price fluctuations will not matter as you are in it for the long haul and real estate has tended to appreciate over time. ... more
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Wed Oct 7, 2009
Vicki Moore answered:
I can only address Foster City - I'm more familiar with it. There are some that are concerned enough with the fact that Foster City is built on fill that they won't buy there; however, during this downturn in the market Foster City prices have held up well and it's only recently that they've been affected at all.

There are so many desirable things about FC - the schools, convenient location to jobs, freeway and shopping - that they outweigh most people's concern about it.
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Fri May 1, 2009
Gixxersixxer asked:
I have a lease until end of July, but I'm planning to move out by last week of June. I need to sublease the property which I'm renting right now. Where do I place ads to reach people...
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Mon Apr 6, 2009
Steven Ornellas answered:
Hi Tj, a general conservative rule of thumb for estimated Closing Costs is 2-4% of the purchase price; however, where you will fall depends on points/origination fees attributed to financing. I'm not sure what you mean by "monthly mortgage fee."

You may want to pursue a Pre-Approval so you can obtain a Good Faith Estimate that lists all the fees estimated for the purchase scenario you are planning. As far as buying, this is your first step (not a pre-qualification, see:. for the difference between the two) so you can be ready to act when you need to, or be aware of any issues that may prevent you from buying when you want to.

Best, Steve

MBA, GRI, ABR, e-PRO, CMPS, RE Masters
REALTOR® / Mortgage Banker-Broker / Certified Mortgage Planning Specialist
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Mon Feb 23, 2009
Vicki Moore answered:
I haven't heard that as an issue from anyone I've worked with. I would imagine it would depend on, among other things, what type of flooring the unit had. Although it would be a matter of opinion and their observances, the seller is required to disclose something like that.

I'm also interested in hearing more input - it's a great question.
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Fri Nov 14, 2008
Glen Mitchell answered:
Most likely it has already been assigned to a realtor and even if you happened to get through to the right person they will tell you to contact their realtor. This is from what I've seen and experienced, I don't know if its always true. ... more
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Mon Feb 2, 2015
David answered:
What happens if a meteor hits us tomorrow, a month or year from now. Its good to plan for tomorrow, but you still need to thrive today.

2012 is right around the corner.... some say its "lights out" ... more
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Wed Oct 7, 2009
Raymond Stoklosa answered:
Foster City Elementary is rated a 10 by Insofar as earthquake and flood zones are concerned the answer lies in how risk adverse you are. Clearly, there is greater risk in Foster City when compared with Belmont or San Carlos with both cities having schools rated a 10 as well. Foster City has the potential for liquifaction meaning that during an earthquake the soli turn to a "jello-like" substance due the the landfill. How well or how poorly a particular Foster City house performs in an earthquake depends on the construction quality. Discuss the risk with a Structural Engineer, then decide whether you're ready to accept the risk. Consider earthquake insurance to help mitigate your losses, but it's very expensive and has a comes with a hign deductible. Other notable concerns about FC are air craft noise, weather, wind conditions and traffic patterns and accessibility. More for insights on real estate in this area can be found at . ... more
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Mon Oct 5, 2009
Rose and Nate Serdy answered:
Wow! Two different cities and two different lifestyles. Search places like and meet with the administration if you are having problems deciding on school district.

My suggestion is to follow your heart on this one...I don't think we should be here telling you what town is better : )

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