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Home Buying in San Mateo County : Real Estate Advice

  • All60
  • Local Info4
  • Home Buying22
  • Home Selling1
  • Market Conditions4

Activity 394
Wed Feb 22, 2012
Shirley Kraus answered:
Hi there, you are absolutely correct in assuming that this home is priced to attract a lot of interest, especially in the market we're in right now in which there are so many prospective buyers and very few homes for sale. Sunnyslope is a great street in Belmont, and this home has a lot of charm and even though it's in original condition, it has great potential. Of course, we don't know what condition it's in and what the professional inspection reports will indicate. If you'd like to view the home and get more information about it, just give me a call. I'd be happy to help you put together a winning offer on this home, or any others that may come for sale. Shirley Kraus, Intero Real Estate, 650-315-5338. ... more
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Sun Nov 18, 2012
Yu Lam answered:
Your agent should be able to help you to ask for extension on the time required to get the 30 yrs fix. If that's not an option, better go with the 7/1 ARM or cancel the contract before the loan contingency date. ... more
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Mon Aug 27, 2012
Sue Vaterlaus answered:
Hi David, It depends exactly where you are in Fairmont. There is an airport noise area where you can hear the planes more than other parts. There is one of the many reasons why you should use a local agent to purchase property. ... more
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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; proqvest@gmail.com ... more
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Mon Apr 30, 2012
David Gowans answered:
Hi Cindy. I've seen a number of homes that fit that description recently. What price range are you interested in?
0 votes 11 answers Share Flag
Thu Apr 12, 2012
David Tapper answered:
Hello William,

If you are looking for good rentals, I would say SSF, San Bruno and San Mateo. Prior to 2007, it was very difficult or next to impossible to purchase a SFH on the Peninsula and be able to rent it out for your mortgage payment.

With declining values coupled with the low cost of money, there are some good oportunities out there.

Cheers!

Tap
... more
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Wed Apr 18, 2012
Svetlana Raleigh answered:
There is nothing else currently available. Two are pending. We can notify you if they fall through and come back on the market. Svetlana and John Raleigh 650-743-4111. Martinique is well priced and available to show. ... more
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Sun May 26, 2013
David Gowans answered:
1)Yes. You risks losing the cost of the repairs. I wouldn't recommend doing this. Short Sales are usually "as is" and FHA's are always strict of condition of the property. I'd have to be honest with a client that wanted to do something like this and recommend that, unless they absolutely fell in love with this house, don't do it. Find another one that is in better condition or one that is not a short sale. However, if you love the house and are willing to take the risk, you certainly can give it a shot. Only way to mitigate the risk is have a really good lender and hope that can perform. ... more
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Wed Mar 6, 2013
Anna M Brocco answered:
It's in your best interest that the property be vacated by closing day; for any legal rights you may have, it's best to consult with an attorney who specializes in real estate. ... more
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Thu Jan 19, 2012
Marge Bennett answered:
3.5% is what is required for FHA. There are USDA loans that are 0 down, but those are in rural areas. 20% down will let you avoid PMI.
0 votes 10 answers Share Flag
Wed Jan 11, 2012
Robert Applegate answered:
sguc,
you are correct about the neighbor and drive, but for a 3/2 in this area it is well priced today.
Kitchen original but functional. Bank owned just waiting for an offer. 5000 sq.ft lot.
Let me know if you would like more information.
Thanks,
Robert Applegate
Coldwell Banker
650-303-2994
... more
0 votes 2 answers Share Flag
Tue Dec 6, 2011
Que Foor answered:
The Homeview/Sterling Downs area (near Nesbitt Elementary School) although at close proximity to Northampton is quite different. This area has a better neighborhood feel than the area on the other side of Ralston Ave. If you love Belmont and its excellent schools, then this would be a good neighborhood to think about as a starter home. The easy access to the elementary school, Hwy 101, the Belmont Sports Complex, the Belmont train station, etc. are some of the amenities.
Northampton is in a newer development (right across Oracle) consisting of townhouses and detached single family homes. There is a monthly HOA to maintain the common areas. The lot size of these homes tends to be smaller, so not much yard work for you to worry about. It is a small development that is well kept and desirable. Check out the long Bay trails by Belmont Slough and enjoy a run or walk. You will sure meet outdoor enthusiasts.
Good luck!
... more
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Fri Nov 25, 2011
Tina Lam answered:
Simona,

Real estate regulations in California prohibit real estate brokers like myself from steering you away from certain neighborhoods. About the only thing we can provide you is a link to a crime map like this: https://www.crimereports.com/

Admittedly, it's not very useful when you're specifically seeking a professional opinion, but that's about as far as we can go. If you work with a local Realtor, you can have her help you narrow down the neighborhoods that fit your criteria.

As for getting a home for around $50K in a decent neighborhood, it might be possible to get a condo in the Roseville are for that price. Single family homes and townhouses in decent neighborhoods still start around $200K.
... more
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Sat Nov 10, 2012
Laura Coffey answered:
It means they have a contract, have opened escrow, and are not taking back up offers.
0 votes 6 answers Share Flag
Tue Oct 25, 2011
Cliff Keith answered:
Here is how to buy a home step by step: http://wp.me/p1Kaw0-y1
0 votes 0 Answers Share Flag
Sun Oct 2, 2011
Moises Pelayo answered:
Good morning. My name is Moises Pelayo and I am an agent with Prudential California Realty in San Bruno. I would love to spend a few minutes to talk to you about your plans and come up with a strategy to find the home that best fits your needs. My primary focus of my business is serving home buyers and sellers in San Mateo and San Francisco Counties. Feel free to give me a call at (650) 333-0207 or contact me by email at moe@moecanfind.com ... more
0 votes 10 answers Share Flag
Mon Apr 16, 2012
Marcy Moyer answered:
ABC,
The Willows tend to be more expensive than Flood Park for several reasons. It is closer to downtown Palo Alto and downtown Menlo Park. It is a larger neighborhood so there are more streets that do not hear any or much noise than Flood Park. Flood park tends to be noisier than most but not all of the Willows so that affects value. While nether neighborhood has a lot of new or newer construction there is more in the Willows.

Marcy Moyer
DRE 01191194
... more
0 votes 3 answers Share Flag
Fri Sep 16, 2011
Sue Vaterlaus answered:
It means that it is staill available to show because most likely you have not removed all of your contingencies yet. When you have done that it will be changed to Pending DO NOT SHOW! Good luck in your purchase. ... more
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Tue Sep 11, 2012
Ron Thomas answered:
With a home, you will have Land, Yardwork, Exterior Maintenance, Room, Double Garage (probably), less Security (maybe), normal neighbors.

With a Condo, you will have no land, No Exterior Maintenance, Little or No Yardwork, Single Garage, (probably), Security, (some), closer Neighbors, and an HOA.

The HOA could be an Ally, or it could be a source of exasperation.
I am not a fan of HOA's.

I would really suggest, before you buy a Condo; go out there and walk around, meet some of your new neighbors (some of which may be your HOA Board Members) and find out if you are comfortable with them.

You can choose your Family, but you're stuck with your HOA.

Good luck and may God bless
... more
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Tue Apr 17, 2012
scott farmer answered:
Dear Jimmo,

If it comes down to it you could do an eviction if needed. The seller may be strapped for money and a cash for keys is another option if they have not vacated the home by the time it closes escrow. Cash for keys is a cheaper option than eviction and it's basically giving them some money to move out and leave the place in good shape. You also most likely have the option of suing the seller for non-contract compliance if your contract states the terms of property possession. Of course trying to get blood from a stone doesn't really work.

Hopefully they will find another place to live soon and things will continue moving forward smoothly for you.

good luck,

Sandy
... more
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