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Home Buying in Foster City : Real Estate Advice

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

Activity 12
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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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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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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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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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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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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