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Home Buying in San Jose : Real Estate Advice

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  • Home Buying878
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Activity 942
Sun May 1, 2016
charles butterfield answered:
Thank you, Ashley:

I recommend that you contact the REALTOR who made the offer for you. That is your best source of information..

However if the MLS status has been changed to pending sale, and your REALTOR has not heard back from the listing agent, that indicates that the bank selected another offer. ... more
0 votes 9 answers Share Flag
Thu Jun 30, 2016
Nathan Neely answered:
Look on Trulia for an agent that specializes in REOs.
0 votes 25 answers Share Flag
Sun Jul 15, 2012
John Souerbry answered:
Yes, I'm very familiar with this neighborhood. It's a one minute walk to downtown Mountain View, but the Central Expressway is in the back yard and a couple car repair shops are 2 buildings away. A bit noisey. ... more
0 votes 6 answers Share Flag
Tue Nov 20, 2012
Tim Moore answered:
Sellers look at the bottom line, how much will they net on an offer is the key. FHA scares some sellers more than conventional because there is a FHA inspection that must be done where the conventional does not have to have an inspection. FHA can sometimes take longer to get to closing too. But it does not matter too much, each has some advantages and disadvantages. Bottom line is the main thing. ... more
0 votes 31 answers Share Flag
Sun Jul 8, 2012
Terri Vellios answered:
I am familiar with Willow Glen. What are you looking for in an investment?
0 votes 8 answers Share Flag
Thu Jul 19, 2012
Terri Vellios answered:
What do YOU want? What do YOU need?

That is so very personal. The old adage in real estate still stands true, Location, Location, Location.
0 votes 20 answers Share Flag
Tue Jul 22, 2014
Ron Thomas answered:
That would depend heavily upon what you think the violations are:
If they converted a garage or enclosed a back porch, you may only have a problem with asking for an inspection and a certification.
Possibly, they will require you to have a licensed electrician do some rewiring and then an inspection.
It depends:

Why not pay a visit to the County Building Office and ask the horse's mouth instead of the other end.

Good luck and may God bless
... more
0 votes 25 answers Share Flag
Sat Jun 23, 2012
Johnson Hormoz answered:
I am Certified Distressed Property Expert(Short sale specialist), Give me a call so we can talk.

Best Regard,
Johnson Hormoz
Certified Distressed Property Expert
Cell:(408)821-0420
Fax: (408)559-1636
Lic#01768924
NMLS#264726
... more
0 votes 12 answers Share Flag
Thu Jun 28, 2012
Ron Thomas answered:
If a Realtor is familiar with that area, and they tell you,
Yes, it is a low-crime area, or they tell you,
No, it is a bad area for crime;

Either way they can be held accountable, and get in trouble.

This is a question that you should ask the local police: It is their job and their responsability.
And they won't get into trouble for answering you.

Good luck and may God bless
... more
0 votes 4 answers Share Flag
Tue Jun 19, 2012
Kendrick Kwan answered:
Hi Lakisha,

Congratulations on being in such an enviable position of being able to pay all cash for a property.

Waiting until Fall or Winter depends on when you would like to purchase a property. Is there a reason why you have identified these 2 seasons? Are you trying to avoid the competitive buying seasons of the Spring and Summer?

Currently we are experiencing a shortage of inventory in San Jose as well as other Bay Area cities. Not sure if inventory levels will change at that point in time but having all cash even in a low inventory environment, you should still have a greater advantage over other competition. The real question is whether you can find a property you will like with the little inventory we have so you may want to start the home search process eariler.

Hope this helps and let me know if I can help you with your home search.
... more
0 votes 14 answers Share Flag
Mon Jun 11, 2012
charles butterfield answered:
This is a very important legal question. Many people who buy houses at foreclosure auctions lose a great deal of money because they do not know that not all liens are cleared in foreclosure auctions.

The law with respect to this issue is State Law and that law is different in different States.

I recommend that you contact an Attorney in Florida who has a great deal of experience with Real Estate Law with this question.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
.
... more
0 votes 1 answer Share Flag
Wed Jun 6, 2012
Hollie answered:
The seller said they are going to move out on COE. It's hard for us to sign docs.
Can we ask them to move out before signning docs?
0 votes 6 answers Share Flag
Thu Jun 28, 2012
Elena Talis answered:
Don't guess how much you can afford based on web calculators. Go to a reputable mortgage broker and get pre-approved. The mortgage broker will be very helpful while making the purchase offers as they can help you make your offer more competitive. ... more
0 votes 17 answers Share Flag
Thu May 31, 2012
Gilbert Richards answered:
NACA transaction tend to be extremely difficult so a lot of realtors are not accepting offers on NACA loans so it it may take awhile.
0 votes 10 answers Share Flag
Wed Feb 1, 2017
Ron Thomas answered:
I may be wrong,
(I'm wrong a lot)
but I think that the homes you see on auction.com
are not the homes on trustee sales.

I've had people tell me to beware of real estate "auctions"
but then,
I've been wrong a lot.
... more
0 votes 20 answers Share Flag
Wed May 30, 2012
Carlos Piña answered:
Hello Pavla,
You can contact me at 408-386-1787. Would like to speak and get more information on what you are looking for in your next home.

Thank you,
Carlos
0 votes 13 answers Share Flag
Fri Mar 10, 2017
charles butterfield answered:
The most common objections to mobile homes that I hear from clients, are that they depreciate like cars, you do not own the land in the mobile home park, you must rent your space, they are difficult and expensive to finance, the space rent is often very high, they are not as well built as "stick built:" single family homes ... more
0 votes 98 answers Share Flag
Wed May 23, 2012
Terri Vellios answered:
This is a tough one. Call me and let's chat.

408-482-1800
0 votes 5 answers Share Flag
Thu May 31, 2012
Bill Mccord answered:
Alice,
This is a routine problem which should be handled by your agent i.e. The person who was paid to take care of such issues both during and after your purchase.
You should have received a Section 1 Termite Certification that the property was free of infestation and might also contact the company which issued it.
Bill
... more
0 votes 12 answers Share Flag
Sun Feb 26, 2017
Tim Moore answered:
There is no closing per say as you are thinking of one. The closing you are thinking about is to satisfy the lender and all their documents and conditions that protect you and them. A foreclosure auction is for the pros and big boys and they require cash, no loans. The home is placed in your name and you own it after the auction papers are filed and recorded and guess what, you also get all liens on it. You won't have the liens all paid off prior to a closing where the bank requires it as a condition of the loan. You won't have a title search as a condition of the loan and so you better do those things to find out what you are biting off before you make a bid. Like I said, foreclosure auctions are for the pros. ... more
0 votes 17 answers Share Flag
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