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San Mateo : Real Estate Advice

  • All204
  • Local Info18
  • Home Buying80
  • Home Selling15
  • Market Conditions3

Activity 152
Tue Jul 2, 2013
Jeff and Sue Kockos answered:
It is very hot! Great location and price for the area! I will even rebate you 1% if you need a realtor to represent you. Feel free to contact me with any questions. 650.430.8587 Jeffrey@JeffreyRealtors.com
I am available to show you the Meadows whenever you have time!.
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0 votes 6 answers Share Flag
Sun Jun 9, 2013
David Tapper answered:
Try giving Terry a call at Heritage Realty in San Mateo, he is on B street.

Best,

Tap
www.DavidTapper.com
www.TeamTapper.com
0 votes 4 answers Share Flag
Sun Sep 21, 2014
answered:
Check the first time home buying programs on San Mateo County Department of Housing website http://www.co.sanmateo.ca.us/portal/site/housingdepartment

Cheers
0 votes 6 answers Share Flag
Mon May 27, 2013
Cindy Morris answered:
I'd be happy to help you with your rental serach. Contact me directly so we dicuss your serach and wants a bit more. Cindy Morris, Alain Pinel Realtors, cindy@apr.com (650) 031-2834
0 votes 3 answers Share Flag
Sun Feb 17, 2013
Victoria Ferrando answered:
Looks intriguing and will help alleviate our inventory shortage we're currently experiencing. We'll be learning moe in a couple of weeks.

Vicki, Intero
0 votes 3 answers Share Flag
Thu Feb 14, 2013
Gregory Grialou answered:
Hello RDV,

That's a good question. Zip codes are zip codes....right? Basically in comes down to the desirability of the area/neighborhood.....or zip code. Yet even within a specific zip code there will be areas/neighborhoods that are more or less expensive. Factors that influence prices in a certain area/neighborhood include: Size,design and quality of original homes and how neighborhood is laid out. Are there parks, schools, shopping, transportation within walking distance or hearby? What type and how nice are the schools, parks, shops, etc? What percentage of properties are rentals? Rental properties are in general not as well kept, therefore a neighborhood might not look as nice if it has a higher percentage of rental homes

An interesting fact: As a general rule of thumb, in San Mateo (and other cities on the Peninsula) there are certain boundary lines that separate neighborhoods, tracts of housing. When you cross one of these "boundaries"....prices go up (or down). The boundary lines I speak of are Hwy 101, El Camino Real and Alameda de las Pulgas. The least expensive homes (generally) are on the East side of Hwy 101. The homes situated west of Hwy 101 and east of El Camino are more expensive than east of Hwy 101. Go west of the El Camino and the homes are generally priced higher......and the same is true with The Alameda.

If you haven't already done it.....drive through the South Shoreview neighborhood (east of Hwy 101)...just cruise the streets. Then drive through the Sunnybrae, Fiesta Gardens neighborhood or San Mateo Village. You'll note a difference in the "feel" of all of these neighborhoods. Look at the streets, the homes and how they're kept. You'll then know why prices are different. I hope this help you!
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0 votes 8 answers Share Flag
Sat Jul 6, 2013
David Gowans answered:
Off the top of my head, I think a 2/1 around there should be going for between $1800 and $2k a month. A little more or a little less, depending on the homes condition.

I hope this helps:) ... more
0 votes 2 answers Share Flag
Fri Jul 26, 2013
Ron Jensrud answered:
Well with selecting a real estate agent you need to understand there are 2 types of Buyer Agents:

1) Exclusive Buyer Agents - work in a firm that never represents sellers, they only work for and represent buyers on ANY home they want to purchase.

2) Non-exclusive Buyer Agents - work in a firm that ALSO represents sellers. They may only be your buyers agent on homes NOT listed by their brokerage. Any home listed by their brokerage, they become a Dual Agent. When acting as a Dual Agent, they have a limited ability to represent you, they are prohibited from acting exclusively for either party and may not advocate for either party to the detriment f the other.

Your best bet is an Exclusive Buyers Agent, typically there is No additional charge for their service. Contact John Rygiol 949-525-7344.

Tell John, I told you to call him. He's a friend of mine. Send me an email, and I can put you in contact with a lender that will save you a lot of money on your financing.

Ron Jensrud
100% for Home Buyers - 100% of the Time!
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0 votes 12 answers Share Flag
Thu Dec 6, 2012
Ron Thomas answered:
When a Client asks to see SHORTSALES, I caution them about the loooooong time element.
Then, when we submit an Offer, I caution them about the looooooooooong time element.
I am reminded of the kid in the back seat, on a loooooong trip asking; "are we there yet?"
You obviously need to be reminded about the loooooooooooooooooooooong time element!
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0 votes 9 answers Share Flag
Fri Nov 9, 2012
Taj Weldon answered:
Hi Joan,

Your REALTOR should advise you on each house that you are interested in.
There are definitely more buyers than there is inventory on the homes under 400k.Above 400k it gets easier to make an acceptable offer an obtain acceptance.
Foreclosures and Regular Sales are very similar when it comes to pricing and offering strategies.

My advice is to our your best foot forward when making an offer in this market .

Because of the amount of offers that properties ate receiving , you may not get a second chance to come in with your best offer


Taj Weldon
REALTOR
209-749-4176
DRE 01816152
Tywelldone@gmail.com
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0 votes 16 answers Share Flag
Mon Nov 5, 2012
John Juarez answered:
If you don’t know the answer to that question then I think you are a long way from being ready to bid at an auction. You pay in cashier’s checks and immediately.

There is much, much more to know before you want to take that leap. ... more
0 votes 4 answers Share Flag
Wed Apr 24, 2013
David Gowans answered:
Jessica. That's a call only you can make. I recommend having an agent CMA your house, look at recent comparable sales and determine a likely sale price for your home. From that information, you should be able to decide whether it's right to hold the property and manage rentals, or sell it and wash your hands of the property.

Once you establish the likely result of a sale and a rental, It's really all about what works for your current personal situation.
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0 votes 12 answers Share Flag
Sat Oct 13, 2012
Nahum C asked:
I just whant to live alone but I'm looking for a Cheap aparment under $1000 in San Mateo, CA or near by especialy in burlingame.
0 votes 0 Answers Share Flag
Thu Oct 4, 2012
David Gowans answered:
You should totally be able to find that! In fact, I'd check Craigslist for Woodside, Atherton and Potola Valley. This might sound crazy, but there are a lot of wealthy folks out there with really big homes that will often rent out an in-law suite to the tune of $1000-$2000 a month.

If that's too far out of the way, try Belmont in the Sterling Downs neighborhood. There are a ton of duplexes in there. One side typically has 2br/1ba and they were going for about $1500 last time I checked.

Hope this helps. If you need more active assistance, just let me know.
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0 votes 1 answer Share Flag
Thu Nov 22, 2012
Debra (Debbie) Rose answered:
If you have no savingss, not to be disrespectful, but why are you looking to move to a bigger home?

Maybe the best thing to do is stay where you are......keep current on your payments, keep you credit scores up............ and save some money.

You don't mention any financial hardship, or job transfer.............so..........this might not be the time for you to "move up".
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0 votes 8 answers Share Flag
Wed Oct 3, 2012
Tina Lam answered:
For any foreclosure auction, you're allowed to see as much of the inside as you can from the windows. If you're looking to invest in those units, it's best to work with an experienced investment realtor and general contractor to make sure you can handle whatever surprise you find inside. ... more
0 votes 3 answers Share Flag
Sun Sep 23, 2012
Victoria Ferrando answered:
Are you referring tobtgecFarm Hill Vista complex? If so, then yes.
0 votes 1 answer Share Flag
Thu Dec 11, 2014
Sam Shueh answered:
Thu Sep 14, 2017
Lance King answered:
Depends on the property type and your financials. Typically speaking you will get better rates with more down. We work with 3 excellent lenders who all have different programs. I'm happy to send referrals - contact info below.

Best Regards,

Lance King/Owner-Managing Broker
lance@fixedrateproperties.com
415.722.5549
DRE# 01384425
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0 votes 6 answers Share Flag
Thu Dec 6, 2012
Michael Chalhoub answered:
Hello, the debt/payment of the investment property is counted agaist you you when applying for a new loan. However, if you have owned the property for over 2 yrs, and have reported it as a rental property on your tax returns for 2 yrs, then your new lender will allow you to offset the monthly payment by your rental income. In your case it will be a wash. Call me if you want to see some condos.

Regards

Michael Chalhoub
Dolphin Real Estate
1700 S. El Camino Real #200
San Mateo Ca 94402
650.465.9036 direct
Chalhoubmike@hotmail.com
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