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Newark : Real Estate Advice

  • All72
  • Local Info11
  • Home Buying25
  • Home Selling4
  • Market Conditions3

Activity 32
Sat Apr 6, 2013
Ron Thomas answered:
A lot of factors come in to play:
Moving before schools start.
Climate.
The Super Bowl.
A lot of other ACTIVE listings.
A shortage of other ACTIVE listings.
The President announcing a new Program to help Unemployment.

This is really one of those times where the world really does revolve around YOU!
It will depend more on your needs.
You can try to guess the needs of your prospective Buyers; but you never will, until you meet them.
... more
0 votes 11 answers Share Flag
Sun Jan 27, 2013
Tim Moore answered:
NO. Never heard of Grand deed. A quit Claim adds or removes a name on a deed. If you sold it to your son or relative you can use the quit claim to add their name or remove yours from the current deed. ... more
0 votes 3 answers Share Flag
Sun Jan 27, 2013
Tim Moore answered:
It is what you get when you buy a property at a foreclosure auction that shows you now own it.
0 votes 3 answers Share Flag
Fri Feb 1, 2013
The Medford Team answered:
Sorry … if the listing has the logo for RealtyTrac ...

Then what you are seeing is NOT an actual listing … it is an advertisement for RealtyTrac.

RealtyTrac is a provider of data for distressed homes. This data is used by investors and Realtors to track distressed homes. When you see the RealtyTrac logo, you are not looking at a home that is actually available for you to buy: what you are seeing at is either (1) the notice of default for one of the mortgages on the property in question, (2) a notice of an impending trustee sale or (3) a notice of a completed trustee sale.

RealtyTrac notices can be very deceptive because they usually give loan amounts, not the purchase price or fair market value. When and if this particular property hits the market, it will be at market price for the neighborhood.

Bottom line: RealtyTrac is trying to get you to sign up for their service.

The following links may be helpful:

When Is The Price Not The Price?
http://bit.ly/p11iq

It’s Too Good To Be True: REALLY – Top 4 Buyer Myths
http://bit.ly/4PKTHT

If you want to know when these or similar properties will actually hit the market, have a Realtor set you up with an auto-feed that will alert you the moment they become active on the MLS.
... more
0 votes 4 answers Share Flag
Thu Dec 13, 2012
John Juarez answered:
Hafner Street in Newark is no more or less safe than any other area. No one can guarantee absolute safety for you. I recently listed a house on Hafner Street for owners who had lived there for several years before renting it out. The enjoyed their house before moving to a larger house. The tenants have been living there for over a year and stayed when the house changed hands. They also enjoy the area.
Here is a link to the Newark School site to determine the attendance area: http://nusd.ca.schoolloop.com/cms/page_view?d=x&piid=&vpid=1240064940878

Here is a link to the API scores for Newark schools: http://nusd.ca.schoolloop.com/cms/page_view?d=x&piid=&vpid=1232963806535

Both of these links are found on the website of the Newark Unified School District.
... more
0 votes 5 answers Share Flag
Tue Jul 24, 2012
Robert Chomentowski answered:
The seller traditionally just has to pay the owners title policy and the transfer tax. A good rule of thumb for that price point is about 1.5%-2% for the buyers closing costs.
0 votes 1 answer Share Flag
Mon Oct 1, 2012
answered:
Hi Minh,
Search Like an AGENT!

Check out my website to get the most upto date information of houses for sale the only difference between what you see and what I see is the confidential office commissions how does that sound?

www.sarahramos.listingbook.com

You will see a sign up by going to my main webpage.

You will not waste anymore time of searching homes for sale that are outdated.

Happy browsing.
... more
0 votes 2 answers Share Flag
Thu Jul 19, 2012
Dd answered:
Also seems this comes in flood and fault zone.. how does that affect my Home Insurance.. and whats roughly the insurance around here...
0 votes 3 answers Share Flag
Wed Jun 27, 2012
Tim Moore answered:
With no link and no address no one will know what house it is.
0 votes 3 answers Share Flag
Fri Jan 20, 2012
Brian Ripp answered:
Hi Tamara,

MLS records show:
1/19/2011 sold: $309,000
6/16/2006 sold: $595,000

Tax records show:
4/8/2011 sold: $315,000

That's the best I can do at this point.
Hope that helps,
Brian
... more
0 votes 2 answers Share Flag
Thu Dec 8, 2011
Anna M Brocco answered:
Much will depend on the individual landlord; therefore consider being upfront as to your bankruptcy, be prepared to show proof of employment/paystubs, possibly some reference letters, etc. ... more
0 votes 3 answers Share Flag
Tue Sep 13, 2011
Dawn Rivera answered:
Hi, you can call Realty World Viking Realty in Fremont. The brokers there handle rentals as well as homes for sale. ask for Barry or Brian Ripp 510-794-9922.....FYI they list their rentals on Craigs list. check out craigslist.com.....Good Luck, Dawn ... more
0 votes 2 answers Share Flag
Sat Aug 13, 2011
Cathy Sloan answered:
You are waiting on the bank to verify that teh current owners financial data supports that they have a financial hardship and qualify to short sell.

Once the seller is qualified, the bank will order an appraisal or Broker's Price opinions to determine the value of the home being sold. Next they will evaluate your offer to determine if it meets within their guidelines regarding % to current market value and terms the bank will accept.

If everything goes well they will approve your offer. If your offer does not net adequate funds they bank will counter your offer and you will have an aopportunity to accept the new price and terms or withdraw your offer.
... more
0 votes 9 answers Share Flag
Wed Nov 2, 2011
Tina Lam answered:
Tina,
Great name by the way. A pre-approval is an indication from a lender that they are willing to finance your purchase if it meets all their conditions. Once you have gone into contract to purchase a home with a pre-approval, you'll still need to get final approval from the lender who must get appraisals and verify your financial status. Your lender or agent should be able to let you know when that is. If you're still in the process of looking for a home, I can help explain the process in detail. ... more
0 votes 6 answers Share Flag
Tue Nov 30, 2010
Gtpubs asked:
for a single parent and one child. Any leads appreciated!
0 votes 0 Answers Share Flag
Tue Nov 30, 2010
Dawn Rivera answered:
Hi I have a friend who has a 2 bedroom condo that she rents out in Newpark village I will check to see if she has rented it. Dawn
0 votes 4 answers Share Flag
Sat Apr 6, 2013
The Medford Team answered:
Workingmom48:

You need to check with your accountant - Realtors cannot provide taxation information.
.
0 votes 11 answers Share Flag
Mon Jul 26, 2010
Jane Pacheco answered:
Your lender will accept a short sale when you owe more than your mortgage balance. I'm not exactly sure if this is so in your case. But if it is, and you can show hardship in paying your mortgage on this house, your lender will most likely accept a short sale based on the fair market value of your home, or thereabouts. Obviously, you need to list your home and get an offer on your home so you can submit this to the lender together with other documents coming from you. There are many other details in a short sale that need to be addressed, and I would suggest for you to consult with a trusted Realtor. I hope this helps. ... more
0 votes 2 answers Share Flag
Fri Mar 5, 2010
Dawn Rivera answered:
Hi peach my hubby calls me peaches LOL. As for rents my brokers are also property managers and have been for at leasr 20 yrs you can call and ask them...Brian or Barry Ripp 510-794-9922...Dawn ... more
0 votes 3 answers Share Flag
Thu Dec 10, 2009
Brian LeBars answered:
There are additional options including teacher programs and VA. In addition to rural housing loans depending on the area of the purchase. I would be happy to discuss your options if you're interested. ... more
0 votes 12 answers Share Flag
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