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Home Buying in Placer County : Real Estate Advice

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  • Local Info3
  • Home Buying7
  • Home Selling1
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Activity 189
Mon Aug 12, 2013
Luca and Alisa Adriani answered:
Hello,
To name a few areas in North Lake Tahoe; Kings Beach, Agate Bay, Carnelian Bay, and Tahoe City are all great vacationing spots and are excellent for investments. All of these areas mentioned are located in the basin,right around Lake Tahoe. If you go north about 12 miles, Truckee also would fit your vacationing and investment needs. And yes, you are able to get a 3/2 home for $500K. Please let me know if we can help you with your search. Thank you for your question.

Best,
Luca

Luca & Alisa Adriani
DRE# 01269402
530.583.1354
www.TahoeDreamTeam.com
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0 votes 3 answers Share Flag
Thu Apr 4, 2013
Elizabeth Schmitt answered:
Yes! If you have more questions about Sun City Roseville, please call our Coldwell Banker Sun Ridge office we specialize in the Sun City Communities.
0 votes 3 answers Share Flag
Fri Sep 8, 2017
Shanna Rogers answered:
Hi Tiffanitimmons,

Since you are still legally married, he needs to sign a Quit Claim Deed or he could have rights to your house since California is a community property state. Check with your Divorce Attorney on possible ways to resolve this since you can't find your ex to sign. I'm not an attorney but maybe you could just have your Mother on Title until your divorce is final (unless you can get your ex to sign the Quit Claim Deed before the house closes) and then once your divorce is final, you can be added to Title with a Quit Claim Deed. Again, I'm not an attorney but check with your Attorney to see if that is possible.

Shanna Rogers
SR Realty
www.RealtyBySR.com
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0 votes 14 answers Share Flag
Fri Apr 28, 2017
answered:
We do Private Money Lending (hard money loans) in California, with No Pre-payment penalty periods (you can pay the loan off/refinance anytime).

Feel free to give me a call

Thierry Abel
Senior Loan Consultant
All California Mortgage
A Division of APMC
P: (415) 464-8261
C: (415) 378-7508
F: (415) 464-2367
E: tabel@allcalifornia.com
NMLS 304353 - DRE 01380701
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0 votes 5 answers Share Flag
Thu Apr 4, 2013
Bill Dietz answered:
This is a popular strategy in hot market segments of the Bay Area, but less common in the Tahoe area. Tahoe tends to be a slower paced market with less overall activity, and listings spend longer time on market. Therefore, the strategy of intentionally pricing below market value with the intent to attract multiple offers and push the price upward can backfire in Tahoe. That said, a listing agent's job is produce the most favorable outcome for his/her client - the seller. If the strategy is successful to that end, I have no problem with it. The agent has done his/her job. ... more
0 votes 7 answers Share Flag
Sun Jul 14, 2013
Zac Bacon answered:
Good evening! This really depends on a lot if things. I would estimate between $150-$250 per sqft depending on the exact location, size, and the amenities you desire.
I'd be glad to put you in contact with great local contractors that can accommodate you from start to finish! ... more
0 votes 4 answers Share Flag
Tue Apr 30, 2013
Tina Lam answered:
You've got the cause-effect relationship inverted. Roseville is appreciating price which is what driving all the new development. At a certain point, enough new homes will be built to stop the appreciation. If you're looking to ride up the market appreciation, you just need to find a good location where buyers are most likely to go.

I don't think anybody would know exactly what the split between owner occupied vs investors across all of Roseville. You may be able to ask each development for that info or check the monthly statistics published by the county.
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Sun Mar 10, 2013
Morgan Larson answered:
25% is the normal down payment for a second home or investment property.
0 votes 6 answers Share Flag
Wed May 29, 2013
Ranjit Sandhu answered:
I can refer you to a loan officer and he might give you a better suggestion. It all depends if it will be your primary residence. Are you transferring to Lincoln for job related?

Email me or call me
sandhu6470@yahoo.com
916-276-6768
Coldwell Banker Sun Ridge
Roseville, CA 95747
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0 votes 7 answers Share Flag
Sun Feb 24, 2013
Michele Peterson answered:
KD.
You need to change lenders.
This will be the only way that a new appraisal will have any relevance.
Different compnay
Different Appraisers

Sorry.
Your lender will understand and want to assist you too.

Good luck!
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Mon Feb 18, 2013
Jesse Coffey answered:
This is likely just an error on Trulia's part. MLS and the tax records reflect the correct sales price. Are you planning to buy or sell a home in the area?

Jesse Coffey
Keller Williams Realty
548 Gibson Dr. Ste 200
Roseville, Ca. 95678
Ph (916) 872-7775
Fax (916) 960-4594
http://www.homesearchinplacercounty.com/
Realtor
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0 votes 4 answers Share Flag
Tue Dec 3, 2013
Tim Moore answered:
They are available but only from the MLS system.

Let me ask a question. If there was an agent in my office that was answering the phone one day and an owner came in and said, "I have a million dollar house I want to list with you". A week later another agent in a different office and company shows it to a buyer that buys it. Do you think that listing agent was the greatest thing since sliced bread or just lucky? What about the agent that actually had the buyer? You only see the listing sign and the sold sign on it, but the other agent sold it not the listing agent. Which is the top agent? ... more
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Fri Feb 15, 2013
Teri Andrews-Murch answered:
According to Trendgrphix data base, Colfax zip 95713 is actually down on foreclosures, we peaked at 16 active on the market in March of 2012 to just 5 active REO's last month.

Colfax has a limited job market and most working residence commute, so the combination of poor job market and higher gas prices put more home owners in a bad position.

If you are using Realty Trac as your data source, take it with a grain of salt.
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0 votes 1 answer Share Flag
Thu Feb 14, 2013
Ahmad Zeki answered:
Cher,

Yes, there is Mello Roos in that community.

If you have a particular address, I can provide the Mello Roos tax information and I can also show you how to pull it up on any property.

Feel free to contact me direct.

Ahmad Zeki, J.D.
Broker/Realtor
(916) 295-0071
www.ZekiHomes.com
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0 votes 2 answers Share Flag
Thu Jul 24, 2014
Jesse Coffey answered:
You can dispute the appraisal and often your lender can order a new appraisal. Most appraisers recognize that prices are on the rise and adjust their appraisals accordingly. Some are more conservative and do look at older sales to determine value which does not accurately reflect the current trends. Your agent and lender should be ready to go to battle for you. ... more
0 votes 10 answers Share Flag
Sat Feb 9, 2013
Debra (Debbie) Rose answered:
...........and your question is?
0 votes 4 answers Share Flag
Wed Feb 6, 2013
Steve and Linette Quaranta answered:
A major reason for working with a realtor/agent that is there to represent your interests is to do just what you are asking. I assume that the reason you want to learn more outside of your realtor is that you are lacking trust in him/her. Your agent should be able to provide you good information about the sales and pricing in any area and should prepare a competitive market analysis for you on any home that you are considering making an offer. I'd suggest the short answer here is to determine why you don't want to rely on your agent and if you cannot come to a place where you trust in the agent's intent and ability to represent your interests, you may do well to find another agent.

As far as disparity in pricing.........

Prices have been on the rise in the Sacramento area for about a year now. However, there typically is a price spread between foreclosed homes back on the market, short sales and what we could call equity sales. There's good reason for this.

Let start with an equity sale. This is a home being sold by a homeowner who (generally speaking) will make money or at least break even on the sale of the home. Typically the owner has lived in the property and knows all the issues or material matters affecting the property that must be disclosed. The new buyer will receive disclosures from the seller/homeowner informing the buyer of all known defects and issues. In addition, an equity sale home is most likely to be kept in very good condition and will usually require less work than other homes. So, these homes usually show better, are in better condition, and carry less risk associated with knowledge of any issues in the home. That's why equity home sale usually sell at a higher price than short sales or foreclosed homes. Most buyers see value in this and are willing to pay more.

In a short sale, the homeowner wants/needs to get the home sold. There is little interest in maximizing the home price. In many cases, these homeowners may feel a sense of urgency to get the home sold to avoid a foreclosure (and further damage credit) and many are behind on payments. In some cases, but not all, the homes are not as well cared for since there is no financial benefit in doing so. Short sales typically take quite a bit longer to complete than an equity sale. After a homeowner accepts an offer, the bank will review and ultimately has the final say as to whether the price is acceptable or not. The time period for bank acceptance is getting better and now usually takes 30-60 days. As a buyer, you write the offer, get it accepted by the owner/seller and then have to wait an extended period of time not knowing whether you're going to get the home. That's why short sales typically sell at a discount to equity sales.

When purchasing a home that was foreclosed on and is now being sold by a bank, the home may not be in the best of condition. In some cases, homes are damaged and are being sold "as is." More importantly, since the owner (the bank) has no knowledge of the history of the property and is likely unaware of any known issues, a buyer may not learn about any material defects or issues in a home unless the buyer discovers them (of course with help from the buyer's agent and home inspection company). Because of potential lack of information in the home and it's condition, bank owned homes typically sell at a discount to equity sales.

Each scenario above offers positives and negatives. A good agent looking out for your best interest can help you through each scenario to a successful close.

Hope that helps. Good luck!

Steve Quaranta
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0 votes 4 answers Share Flag
Mon Feb 4, 2013
Ute Ferdig answered:
I think it would be best to call the manager. It looks like there are a total of 22 lots in this community. The phone # that I found for Rockanna Royale is (916) 823-2983.
0 votes 3 answers Share Flag
Tue Apr 14, 2015
Nichole Bancroft answered:
Yes zillow is not accurate. Owners can contact zillow and change the value of their house. Your realtor should have comps for your area on what has sold. That is more accurate than zillow. ... more
0 votes 7 answers Share Flag
Tue Jan 29, 2013
My NC Homes Team answered:
My honest thoughts are this is lousy advice and unless you have this discussion prior to signing a buyer brokers agreement you should have no expectation that your broker will give you part of her commission. How willing are you to give someone who asks you for part of your salary

Here's what I know to be true, agents who rebate commission do so because their weak, hungry for any business and don't have any real idea what their doing or even supposed to be doing. It's all they have to offer and if you choose to work with a discounting agent you'll get what you pay for.
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