First of all, the lender pays the commission on the short sale - so you do not need to worry about that! There is nothing that you or your agent can do to move the short sale forward. Do you happen to know who the lender is? And how many lenders are involved? It is the listing agents job to stay in touch with the bank and make sure the process moves forward.
Is it possible that the seller filed BK to stay in the home longer? That would be a question for your agent to ask the listing agent.
As far as how long sort sale approvals take, it depends on the lender, how quickly the seller responds to requests for documentation, and the follow up from the listing agent. I have had approvals in as little as 45 days - and I had one that lasted 11 months!
I am sorry you are in this situation.
The Hagley Group... more
As in any real estate sale, the seller pays the commission from the procedes of the sale. However, since it a short sale, the bank must approve it. They will not allow a commission that they feel is excessive.... more
Hi Lak Lam,
Rentals are extremely hot in San Ramon, especially Gale Ranch Area. Based on where the market is at, I would say for a town home that you have described, you can expect to rent it for around $2750/month.... more
Are you asking if your credit score is impacted because you rent with Section 8 housing? If that's correct, I've never seen Section 8 housing impact a credit score. Your rental status does not impact your credit score.... more
There are numerous apartment complexes in San Ramon, located near the high school. Rents for 1 bedroom start around $1700/month and go up from there. Moving to a new place can always be a scary thing. Let me know if I can help with additional info about the area.
There are several factors that would make a house easier to lease out.
Some include properties that are:
1) Close to a major employer
2) Close to a major university
3) Close to a top school
There are other factors as well.
All the best,
I recommend that you take a drive through the neighborhood once in the morning, afternoon and evening Monday through Friday and then one day on the weekend. I also recommend that you knock on some of the homeowners doors and introduce yourself as someone who is looking to purchase a home in the neighborhood an would like to ask them a few questions about the area. This will enable you to get a good feel for the area and determine first hand if it is right for you and your family. I hope this helps. Good luck!
This is a great question. It is a relatively small sector of the buying market that pays attention to Feng Shui. What more buyers may care about is the direction the house is facing. I would not advise you to spend a lot of money but give thought to what your realtor tells you in more traditional ways to prepare your home.
Hello there! My name is Henry Brooks and I would love to help! I currently own 8 properties with 28 tenants from the Bay Area to the Central Valley. I have an office in San Ramon and one in Ripon, so I cover the East Bay, Bay Area & Central Valley. While there may be some good investments properties in the San Ramon area, I can also expose you to better cash flowing investments between, Mountain House, Tracy, Manteca, Lathrop & Salida. These areas are prime for investors and very ripe for the picking! Call or text me anytime @ 209-814-0119 to chat more and set up some time meet at my San Ramon or Ripon office! Thanks, your Friend & Realtor, Henry Brooks... more
Hello Anil, I have some options but not quite up to 1 million. The maximum FHA loan limits is $729,750 but you need to have $22% down to avoid mortgage insurance on an FHA loan. Here are some links to study and consider. It only takes a few dozen questions to qualify you in minutes. I can get you up to $850k. The maximum loan limit for conventional is $625,500 and then 20% down up to 2 million.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
9am till 9pm 7 days... more
Yes there are, if you would like me to set you up on a direct MLS listing watch let me know.
If so, email me your search parameters
Minimum & Maximum price range
Minimum bedrooms & bathrooms
House or condo or both
Different cities or zip codes
Larry F. Gallegos
Real Estate Collaborative Specialist-Divorce
Broker Consultant, e-PRO Certified
CRS-Certified Residential Specialist
Luxury Home Specialist
ASR-Accredited Seller Representative
GRI-Graduate of Realtor Institute
SRES-Seniors Real Estate Specialist
ABR-Accredited Buyer Representative
ASP-Accredited Staging Professional
Better Homes and Gardens, Mason McDuffie
43430 Mission Blvd.Suite 100, Fremont,Ca.,94539
Visit my Website at http://CustomBayHomes.com
DRE license # 01253795... more
These is a prime example of what a real estate agent is meant for. You will likely have many more like this that can be answered with a quick call to your real estate agent. Do you have a real estate agent? Also, have you been pre-approved for a loan? These are the first two steps in the home buying process.
Sump pumps are not uncommon in homes in some of the older parts of San Ramon and if there is a standing water problem, it is better to have a sump pump rather than just ignore the issue.
Most home inspectors I know ould recommend a drainage inspection when there is a sump pump in place. It is likely that standing water could indicate a drainage problem. If that is the case, a more permanent solution is generally to improve the drainage system.
If I was the buyer, I'm sure I would have a drinage inspection carried out.
Bernard Gibbons, J. Rockcliff Realtors
DRE License # 01331583
Phone (925) 997-1585 - firstname.lastname@example.org
I can help you with your home purchase.
Do you need help with getting a mortgage -- if so, I can also refer you to at least a couple of lenders who can discuss your options.
Pacita C. Dimacali
REALTOR, ePRO, SRES, MBA
CDPE, Distressed Property Certified
ALAIN PINEL REALTORS
Cell 510 205 2992
Efax 510 550-7977
Blog http://activerain.com/blogs/pacita... more
Best place to start is to hire an Exclusive Buyer Agent to represent you. EBAs represent home buyers only, and work to get you the best price and most favorable terms. You can go to NAEBA.org for a referral to an EBA in your area.
I'm an EBA and I wrote a book called "Buying a Home: Don't Let Them Make a Monkey Out of You". It will be the best $6 you've ever spent.
Best of luck!... more