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Home Buying in San Ramon : Real Estate Advice

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  • Home Buying595
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Activity 569
Sun Oct 16, 2011
Don Tepper answered:
In my opinion, they're all rip offs.

However, they do claim to cover different things--not all policies are the same. The best you can do is look at the brochures from the various companies and determine which seems to provide the best coverage for the property in question.

Then just pray like heck that the house is in good shape, nothing breaks, and you don't need to call them.

Good luck.
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Thu Oct 13, 2011
Mack McCoy answered:
You should "consider" buying this house, if you like it and it's priced "right," and you should ask for more specific information about this lawsuit.
0 votes 3 answers Share Flag
Sat Oct 29, 2011
Andy answered:
Looks like the browser posted it multiples times,
if anyone has any opinions,suggestions it would be great to know,thanks.
0 votes 3 answers Share Flag
Thu May 31, 2012
Steve Mohseni answered:
Vivek,

I am impressed as you have covered all the bases on your question. To give you a better answer, of course I need to know the actual location, neighborhood and type of profile homeowners in the area as different profile buyers would weigh this issue differently....To give you a general answer here anyways, I would say at least a 5% discount but more importantly and something that you may not have considered in your analysis is that this blemish to a property, i.e. powerline within close of proximity of a house will by far prolong your DOM (day on the market) and marketing time when you go to sell it unless it happens to be a hot market and buyers being more forgiving. In a soft market, a property with this type of issue could take months before it sells regardless of its sale price.

Hope this shed some light on your question....best wishes.
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Tue Aug 16, 2011
Margaret Hassani answered:
Tue Oct 18, 2011
Lisa and Greg Doyle answered:
Hi There,
All of those areas area popular and have a lot to offer. Many buyers like the Bent Creek area because it is so family oriented and each area has a different price range to chose from. The neighborhood has Bent Creek Park, The Bent Creek Valley, Bent Creek Estates, Bent Creek Hills, Old Ranch Estates and The old Ranch Summitt. The park is the least expensive, typically $650k-$750k and the Summitt, the newest homes typically $1,200K and above. Many buyers like this area as compared to Windemere because the taxes are based on a 1.25% of your sales price rather than up to 1.75% in windemere. The bridges is beautiful and very popular but prices will be $750k and most above that. Camp parks really doesn't come into play for most people. You won't see or hear much from there.
We have specialized in those areas for many years and I'm happy to answer any questions you may have.
call me anytime.
Lisa Doyle
J.Rockcliff Realtors
www.thedoyleteam.com
(925)890-7443
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Sat Jul 23, 2011
Steve Curtis answered:
Sam ... there are 6 active listings and 4 sold properties that meet your criteria. Of the 4 sold one closed at $890k ... the other 3 were between $1 million and $1.1 million and the average sales price was $1,019,000.

So a good deal would be under $1 million ... a great deal would be closer to $900k. Obviously that all depends on the neighborhood, the property condition and the kind of sale you are dealing with.

Hope that helps ... let me know if I can be of further assistance

Steve Curtis
Broker / Owner
DRE # 350257
925-408-0037
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0 votes 5 answers Share Flag
Sun Jul 17, 2011
Ron Thomas answered:
You can ask a lot of people their opinions, but the correct way to do this is to contact a Realtor and have them do a CMA on the property.
I gather that you have been inside, that someone showed you the house. If you are considering buying the house, you especially need an Agent to assist you and protect your interests.

A Buyer's Agent is paid by the Seller and costs you nothing, but not having an Agent can cost you a lot.
If you need a referral to a good Agent, please contact me.

Good luck and God bless
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0 votes 7 answers Share Flag
Wed Jun 15, 2011
Shanna Rogers answered:
Hi Spring,

You can try to negotiate anything. Sometimes you can get design centers to negotiate, sometimes you can't. I say you should at least try it. Worse case scenario, they say 'no'.

Shanna Rogers
SR Realty
www.RealtyBySR.com
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Tue May 31, 2011
Steve Mohseni answered:
Dear Jennifer,

I am very pleased that you are aware of some of the issues that are out there in condo communities. Seems like that you have done your homework and I am very pleased to see that , however you need to get up-to-minute information on any community you are considering as these information can change ongoing and every HOA can change them as needed. Some of the condos project are experiencing higher turnovers (more recent foreclosures), hence have a higher percentage of owners that have been delinquent on their HOA dues. Such delinquency creates complication in receiving conventional financing. Some communities are not FHA approved and this equates to fewer qualified buyers that can purchase those units. Some are going through pending litigation and become un-lendable. Just about every well-run condo community has a cap on number of rentals they allow and restrict lease to any units above and beyond such percentage or a newer owner......All and all, buying condos can get a bit tricky these days and any of above issues can complicate financing process. I believe you are referring to Siena Hills Condos and I do not know of any of the above issues there at this time. Know that you will also be receiving all pertinent documentations and financial report in respect to the HOA as part of seller’s disclosure which you will have a chance to review, approve or reject during escrow period. I suggest you align yourself with a great local real estate professional so they can assist you along the way. I am a phone call away if I can further assist you.

Happy Investing!
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Mon May 23, 2011
. answered:
I would be curious to know too. Knowing Shapell and their mode of operation- I would not hold my breath !
0 votes 5 answers Share Flag
Tue May 17, 2011
Martin Feinberg answered:
Hi Potential Buyer,

Usually that means that there are two houses on one lot. In otherwords, it is a duplex but instead of being attached units, they are separate which is a huge plus. You say that is the only one you have seen like that in your area. In my area, that is quite common, though not every lot is zoned for multiple units. Since it appears to be rare in your area, you might want to check and see if that lot is zoned for multiple units. Do your due diligence if it is a property you are interested in so as not to have any surprises down the line. ... more
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Fri Apr 29, 2011
Steven Ornellas answered:
Ld:

Keeping cost out of the discussion, this is really up to YOUR personal preference. Some enjoy being in the backyard entertaining, lounging, or perhaps having a garden; others, might prefer the functionality of a private office, in-law quarters and reduced maintenance.

Best, Steve
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Fri Apr 22, 2011
Steve Curtis answered:
Mike ... there are currently 21 four-plexes listed in the East Bay mls between $650,000 and $1,200,000 including 4 in Alameda, one in Moraga and several in San Jose. The client I am working with on one was told by Wells Fargo that they needed to put 25% down. Depending on the rents you may want to consider more down to get a positive cash flow. If you would like that list pop me an email and I will send it to you.

Steve Curtis
Broker / Owner
DRE # 00350257
Windermere
925-408-0037
Steve@SteveCurtisHomes.com
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0 votes 12 answers Share Flag
Sun Apr 3, 2011
Julia Murtagh answered:
Hello Atul,
You have two very different communities that you are looking at, and two very different types of living spaces.
I would ask you , what is the most important aspect of your move? Both areas offer great attributes .

Pleasanton is a larger city, and a single famity home usually fairs better when it comes to resale value and rental opportunity.
Gale Ranch , has the newer developments, great schools, but you are situated back in the valley. All of those Townnhomes have high HOAs, and there have been many Short Sales and REO's which is a sign of
decreasing value.
I would need to know more about what is really driving your move, to give you the best guidance. I would be happy to help you further if you need a Strong Buyer's Agent that services those areas.

Sincerely
Julia Murtagh
"Bringing Integrity To Your Front Door:
925-997-2411
Alain Pinel Realtors
www.JuliaHelpsDistressedSellers.com
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0 votes 5 answers Share Flag
Mon Mar 28, 2011
Tim Moore answered:
To gain access to the MLS listings you must join the local Board Of Realtors and join the national group. You will have to take an ethics class for the Board of Realtors and be sworn in. Each board is different so you need to contact yours and ask. I would expect $1k to $2K and then a monthly MLS fee to access. ... more
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Thu Mar 24, 2011
Suzanne Looker answered:
Hi Tictactoe,
That's a great question! Is this for your primary residence or investment? There is information to consider that may come into play in these types of scenarios; the condition of the properties, the neighborhoods, historical sales history, disclosures that the sellers may have on the properties and other considerations that when examined together, give you a more complete picture. In essence, there is no quick answer without further information. The good news is that both areas are very viable and in good demand.
Regards,
Suzanne Looker
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0 votes 6 answers Share Flag
Fri Apr 1, 2011
Kristine Erickson answered:
Prices are going up but only by about 1% final sale price. There are still some agents who will overprice in order to get the listings, but the prices eventually comes down in the final sale price. After all most people love their homes and in their minds they are all worth a million dollars ... more
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Fri May 6, 2011
Phil Rotondo answered:
Dob10;
You may want to consult with a local Real Estate agent how has sold a new Shapell home. You may be able to negotiate for either price or upgrades....in some cases only upgrades.
Good Luck.
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0 votes 12 answers Share Flag
Thu Mar 31, 2011
Kathy Weber answered:
Chenter,

You can go to your County Assessor's office or look on your tax bill for the assessment(s) attached to your tax roll.

Each assessment has a phone number next to it - you can call them individually to see how long that particular bond lasts. Many may be as long as 30-40 years.

But if you've purchased in an established area, a portion of those bond years may be gone leaving minimal years left.
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