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Home Buying in San Jose : Real Estate Advice

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  • Local Info143
  • Home Buying882
  • Home Selling129
  • Market Conditions32

Activity 1,373
Tue May 23, 2017
Arpad Racz answered:
Hi,
I work in the San Jose area. Please feel free to contact me from my profile.
Kind regards,
Arpad
0 votes 3 answers Share Flag
Tue May 23, 2017
Scott Godzyk answered:
If your contract says your purchase is contingent upon the satisfactory home inspection within xxx amount if days and you are within your dates. You will have to read your contract
0 votes 4 answers Share Flag
Thu May 18, 2017
Fadeaway asked:
Hi,
I recently bought a house in San Jose. There is an addition of family room that was apparently not part of original house, but the square footage of the whole house on city record seems…
0 votes 0 Answers Share Flag
Sat May 13, 2017
Susie Kay answered:
You can sue the builder, in fact nowadays you can sue whoever you want to sue. I would suggest that you read all documents that you have signed and bring to your attorney as well.
0 votes 1 answer Share Flag
Fri May 12, 2017
Andrey Sokurec answered:
Sellers lists their homes as-is for a quick sale. They're confident of the home's overall condition. Still there are few risks are inn minds of buyers when they want to buy it as is like All repairs are my own sole responsibility and repairs and upgrades may not payoff.

If you need any help related to home repair and upgrade let me know. We work for buy and sell house in any conditions.
... more
0 votes 15 answers Share Flag
Tue May 9, 2017
Arpad Racz answered:
Hi,

Was there a sump pump in place under the house for removing water when it reaches a certain level?

Also, you can talk to a foundation professional that can discuss de-humidifiers, vents, and other topics as needed for a particular situation.

Kind regards,

Arpad
... more
0 votes 1 answer Share Flag
Mon May 1, 2017
Marcycurbelo answered:
Hi, Im looking To save my home need a loan my mortgage is $00.balance
0 votes 10 answers Share Flag
Sun Apr 30, 2017
Sam Shueh answered:
Expand driving time from work is more realistic.
0 votes 2 answers Share Flag
Thu Apr 27, 2017
Greentekfirst answered:
Property liens can be Involuntary (I.E. HOA, judgment, mechanic, tax etc.) or Voluntary (mortgage, refinance, home loan etc. ).

Both have to be satisfied/paid in full before title can be conveyed properly. In most cases, Involuntary liens can be negotiated with the creditor for a smaller amount due to the nature of the encumbrance.

First mortgages (AKA senior liens) always take priority over second mortgages (junior liens) in a foreclosure proceeding or auction.

For more information on this subject you can visit https://www.ustitlerecords.com/title-search-resources/ for helpful resources.
... more
0 votes 18 answers Share Flag
Wed Apr 26, 2017
Kyongho24 asked:
I am looking into a property next to a small creek. It's in 100-year flood zone (code AE) and it's also in the area of dam failure inundation. Is this typical to buy a home in such an area?…
0 votes 0 Answers Share Flag
Tue Apr 18, 2017
LucyDiamonds answered:
I have the same exact situation! Right now we're considering renting out our Bucks County home and renting in SF until we know we like the neighborhood / area for a long-time investment. ... more
0 votes 13 answers Share Flag
Thu Apr 6, 2017
Arpad Racz answered:
Hi,

Older complexes can need more repairs more regularly in some cases. It would be important to review the HOA docs and budget.

Kind regards,

Arpad
0 votes 12 answers Share Flag
Wed Apr 5, 2017
Chrisupton2010 answered:
Home Appraisal, arranged for the bank loan, was a quick 20 minutes.
I provided a list of all the upgrades we've done and the year of improvement, which helped.
Appraiser took pictures of the outside, then of each area of the house, inside. He knew we installed new windows, but didn't look at them. They tilt in to easily clean. He doesn't know that though. We made our high-end cedar shed, which values at $10,000. He doesn't know that.
Our garage has new wiring, but, he said, he didn't need to look in the garage. I thought that was a bit strange. There are some really nice 'mancaves' out there. We don't have one. So, this is for the bank. We paid for the appraisal, but, probably won't be able to see it. My only tips: clean and de clutter; log all upgrades; and point out the great things about your home.
... more
0 votes 17 answers Share Flag
Mon Apr 3, 2017
Jesu49 answered:
Get a Realtor and discuss your options for loans. Speak to a loan officer to get pre-approved for your loan so you know your price-range for your home. Have a good credit score. Have extra money for escrow, taxes and insurance as well as one or two mortgage paymets. One will go into your excrow. You will need money to pay for inspections and appraisals, so budget around $800 to $1K more for that. Also, you will need to put earnest money down ususally $500 to $1K. Best of luck to you. ... more
1 vote 21 answers Share Flag
Sat Apr 1, 2017
Ngraham47 answered:
I have been in PLENTY of multiple offer situations as a buyers agent. YES it happens everyday and we hate it! Nothing worse than having to call your buyer and tell them someone else got the home they wanted.

I'll sum it up short for you: If inventory is low, don't expect to make a $20k offer below asking price and "think" you have a chance at getting a good deal, because someone else is probably making a offer too.

Low inventory = a sellers market.
... more
0 votes 22 answers Share Flag
Sun Mar 26, 2017
Derek Jones answered:
Review your contract. If using the standard California Purchase agreement there is a 17 inspection contingency built into it BUT if you say you waived it then it won't help you.


*I'm not a lawyer, don't take this as legal advice.* ... more
0 votes 3 answers Share Flag
Fri Mar 24, 2017
Gregg Pomeroy answered:
Hello, I'm a mortgage professional.

I would need more details.

There are programs specifically for mobile homes if they are on land.

If your mobile home is on its own land we have a program for that. Rates are only slightly higher than conventional mortgage rates.

If you have any other questions or would like help with this you are welcome to get in touch with me
... more
0 votes 1 answer Share Flag
Wed Mar 22, 2017
Susie Kay answered:
Probably not a preferred location by many buyers. However, it depends on you. Can you get the home lower than market price? If so, will that appeal to you?
0 votes 1 answer Share Flag
Fri Mar 10, 2017
Socalracegirl_14 answered:
I just bought my first new home and yes it is a 1980 manufactured home on a large lot in zipcode 91786. The home is over 2,000 square feet, 3 bedrooms and two baths, central a/c and all modern appliances - it's cost $123,000.00. If I was to try and find a house like that here in SoCal I would be looking at $500,000.00+ easily. Mobile/Manufactured home prices are on the rise here in SoCal - because people can't afford a traditional home (especially if they are single). So to say that a mobile/manufactured home never increases in value is ridiculous - here in the L.A. market they have gone up as high as 82% from 2014...... ... more
0 votes 98 answers Share Flag
Thu Mar 9, 2017
Al Farmes answered:
Short sales are tricky. To pursue the issue you need an attorney.
0 votes 17 answers Share Flag
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