Profile picture for 1st tyme

how much would u expect to pay for a foreclosure in benicia?

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 14 2009 - Benicia
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

If you are speaking about a specific property that you are looking at and you are wondering what to offer?  That's where an experienced Buyer's Agent will help out tremendously.

Depending on where the seller of the home (bank) lists the home and what the buyers are paying to live in that neighborhood - that will determine what you should offer in order to be "in the game".

Offering less than what is being offered because you think you can "get a deal" is a myth unless you're a mostly cash buyer and the seller thinks they can unload the home quickly and with no hiccups.

If you are asking for the seller to pay closing costs, and if you REALLY love the home.....the bottom line is - everything on the market right now is a GREAT buy if you plan on living in the home for a while.

Another thing to consider, for the sake of being competitive, is that you can not buy the home for "more than it's worth".  Regardless of the sales price, if the appraised value of the home comes in less - the seller will typically reduce the sales price to meet the value.  The lender will not finance more than the home is worth.

Hope this helps - if you're not working with a Buyer's Agent yet, start interviewing one now.  A good agent will give you a significant edge when making offers.  Rod sounds like he know his market...maybe start there.

Scott
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 15 2009
That really depends on where you're looking and what you're looking for. Size, location, view, condition, etc. will all affect the price.

Right now, there are 22 bank-owned ("REO") listings on the market in Benicia (out of 109 total active listings), ranging in price from $72,900 to $699,900). In addition, another 31 listings are being sold as "Short Sales" -- so just about half of Benicia's current listings are distress sales.

If you'd like more details or have any questions, please contact me directly at 707.747.6600 or via email (you can do so from either from our Zillow profile or by using the the "Contact Us" form on our web site: http://HomeSection.com ).

I've also posted lots of recent local RE news and market statistics on our web site, too, so feel free to check it out.

- Rod Herman
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
March 15 2009
 
Related Questions
how much would u expect to pay for a foreclosure in benicia?
Profile picture for Real Estate blueBird
Latest answer by Real Estate blueBird
March 15 2009 | 2 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 955 W L St APT 20, Benicia, CA Home For Sale
    955 W L St APT 20, Benicia, CA 94510

     For Sale: $169,900

    • Beds: 2
    • Sqft: 900
    • Baths: 1.0
    • Lot: 871
  2. 100 Sunset Cir, Benicia, CA Home For Sale
    100 Sunset Cir, Benicia, CA 94510

     For Sale: $179,000

    • Beds: 2
    • Sqft: 1012
    • Baths: 2.0
    • Lot: 435
  3. 4884 Summer Grove Cir, Fairfield, CA Home For Sale
    4884 Summer Grove Cir, Fairfield, CA 94534

     For Sale: $379,000

    • Beds: 4
    • Sqft: 1816
    • Baths: 3.0
    • Lot: 4952