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Nora Moore, Home Buyer in American Fork, UT
Nora Moore answered:
During purchase of a Short Sale, the appraisal tagged the roof as needing repairs before loan. What are my options?
That's tough since you don't want to waste money doing a repair on something you are going to fix anyway. It might be a good idea to talk to the bank about your plans. They might be mor ... more
0 votes Share Flag Earlier today Home Buying in San Francisco
susanmschuler, Home Buyer in Wayne, NJ
susanmschuler asked:
Buying a home in the Bay Area...only for the wealthy? We live in the Bay Area, and want to buy a home in the North Bay or Marin, but we don't have 20% to put down on an $800K or $1 million home, and rents are at an average of $4k/month.…
0 votes Share Flag Yesterday at 2:13pm Home Buying in 94118
Gus.steyer, Renter in Los Angeles, CA
Gus.steyer asked:
Is it possible to see average prices per square foot over a certain amount of time? I am looking for prices per square foot in the year 2013. I am looking for prices per square foot in the year 2013 in several neighborhoods. I want to use the average over this year, so as to avoid insignificant volatility in the market and get…
0 votes Share Flag Wed May 27, 2015 Tech Tips in Russian Hill
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
who may provide short term loan for buying at auction?
You will need cash. You can check the online auction sites to see when sales will take place. Very rarely will you have time to get a loan to do that.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94117
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Hpw do you purchase a home in fore closure?
If you mean by at auction, you will need cash. You can check the online auction sites to see when sales will take place.
0 votes Share Flag Tue May 26, 2015 Foreclosure in Central Richmond
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What resources are there for homowners who are behind on their mortgage payments?
You can try: http://www.makinghomeaffordable.gov/

I recommend calling an agent specialized in short sales however to discuss your options.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94114
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
I live in a house that was foreclosed in January. The bank says it doesn't want rent "at this time." Will the bank make me pay back
You may want to contact a local attorney at this point.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What is the best way to purchase a foreclosure in San Francisco?
I recommend getting a buyer agent to start your searches as they will have access to all bank owned properties and will be able to represent you in the purchase and make sure you are th ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
How do I find foreclosed homes?
You can look for homes here on Trulia or your realtor can always send you foreclosed listings.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94115
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What is the difference between a Short Sale, a Foreclosure and a Bank-Owned home?
Short sales - Sellers own home and are asking the bank to forgive the amount they will be short at settlement. Foreclosure - technically is a home that is in foreclosure and hasn't bee ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Tenents rights
The bank may honor the contract, but I would recommend looking for a new place to rent.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
i was foreclosed and my house was auctioned without me being personnaly notified
They would have been required to notify you. They have to post in on the home and in the news paper and online. They also would have mailed you a notification.

If they truly did no ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
when is auctiom?
The auction dates and times will be posted in the news papers and online.
0 votes Share Flag Tue May 26, 2015 Foreclosure in Pacific Heights
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Bank owned property
Never say never, but its probably not likely.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Why Do Real Estate Agents Need personal contact?
Well, for any professional to better help you, it better for them to have a way to contact you.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Deano Turchi, Home Owner in Los Angeles, CA
Deano Turchi asked:
If I had an offer in hand in bernal in March 2009 for 1.165M and sold June1 2013 What would the estimated sales be on that day? 4 Bds 3 Bth 1car/new appliances Remodeled with in 10 yrs includ. Kitch/Bths/Roof/SomeFlrs/Insul/Heat cyst, Grading/Landscaping and Retaining walls Ext paint.
0 votes Share Flag Mon May 25, 2015 In My Neighborhood in San Francisco
Bruno Boudje…, Real Estate Pro in 10002
Bruno Boudjemai answered:
I'm moving out of my apartment after two years. I've been living their with a verbal month to month sublet agreement. Do I owe a 30 day notice?
30 days is a standard notice and it's customary even if there no lease. You might want to check with you landlord to see if there is already someone that will take over, so you don't ha ... more
0 votes Share Flag Sat May 23, 2015 Quality of Life in San Francisco
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
What is the maximum amount of unit I could purchase under a owner occupied VA, FHA or 203k loan? I am looking at buying a multiplex 3-6 units.
Hello Daniel, your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and c ... more
0 votes Share Flag Thu May 21, 2015 Financing in San Francisco
Lucytinaa, Home Buyer in Dallas, TX
Lucytinaa answered:
What is the debt-to-income ratio for FHA loans?
For the most part, conventional mortgages require a qualifying ratio of 28/36. An FHA loan will usually allow for a higher debt load, reflected in a higher (29/41) ratio.

In these ra ... more
1 vote Share Flag Thu May 21, 2015 Home Buying in Lower Pacific Heights
Michelle Car…, Real Estate Pro in Cupertino, CA
Michelle Carr-Crowe answered:
I will be transferring to San Fran for my job next fall. When should I look to buy - is this a fast market to buy in?
Yes, it is a fast market and the earlier you familiarize yourself with it, the more prepared you will be to act decisively when you jump in.
0 votes Share Flag Wed May 20, 2015 Home Buying in San Francisco
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