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Annalyn Artadi's Advice

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  • 21 Contributions
  • 0 Best Answers
  • 7 Helpful

Annalyn Artadi wrote:

Interest Rates Up - Are Prices or Activity Falling?

Answer
In the bay area it seems like buyers are easing up a bit due to increasing rates however prices are not dropping. Buyers are still aggressively writing offers so they can lock in a good rate before they go up even higher. Sellers are still getting multiple offers over asking.
July 11 2013
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When do you start working with a Realtor?

Answer
That is awesome news. It would be best to reach out to a realtor to learn more about the home buying process and current market conditions. This way you know what to expect and how to make the best educated decision possible. Zillow is a good source or ask friends/family in order to find a good realtor. I recommend doing this when you get preapproved by your lender of choice this way you can interview them and get a feel of who you feel comfortable working with.
July 02 2013
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How do I get a clear title?

Answer
You should contact the title company who was involved when you bought it from the previous owner. They should have provided you with a clean title and had the previous owner clear the lien before your bought it. Any title company should also be able to guide you as to other possibilities/options. I would also contact a real estate attorney to seek legal advice against the title company who sold you the home.
June 19 2013
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DO YOU TELL PEOPLE WHATS WRONG AND HOW IF OWNER HAS JUST LET IT GO

Answer
I'm not sure exactly what you mean by owner has let it go. In today's market, it could mean let condition go or stop paying mortgage and willing to let it foreclose however my best advice would be to disclose as much possible to the best of your knowledge to any buyer. This way you reduce future liability. Get the highest and best offer. Most buyers are now buying homes in a 'as is' condition..
June 19 2013
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Is it typical that the realtor does not show you the comparative market analysis that they do?

Answer
An agent should educate you and provide any supporting information that will allow you to make the best educated decision. That includes showing you the comps. It is very important for you to understand the market conditions and what the status is of that property. That is good you are also doing your own research however can work together with your agent to figure out your best offer.
June 18 2013
(1)

How do I post an Open House for my properties?

Answer
You can post your home for sale and open house dates on postlets.com which will distribute it to all other websites such as trulia, Zillow etc. Postlets is actually powered by Zillow. Good Luck.
June 16 2013
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how much should i put away for an aparment

Answer
Happy Belated Birthday, my birthday is may 9th too. I recommend going on craigslist or go in the rental guide to see how much a 1-3 bedroom apt rents for in your area. Check with your local housing authority office as well for low income rental apartments and get the list. These units are rented at a discount. Also ask if they're accepting applications for section 8. This is another program for low income housing. Check to see if you may meet those requirements. These programs are designed to help you so you can create self independence not to be on it forever as that's what some people do and hinder themselves from exceeding in life. You need to know in order to move into an apt typically requires a deposit, 1st month rent and sometimes last. Usually they require a 1 year lease agreement so be sure you are prepared to enter into a contract. Most often if you are dealing directly with a homeowner, you can try to negotiate the terms of your lease or paying only deposit and 1st months rent. If your looking at an apartment complex with a leasing office, the terms are most likely non negotiable however you can still try. Also salvation army or other local programs may help you with the deposit however you must qualify for this as well. Good source is to ask local housing authority or your utility company. They usually base it off the zip code you live in. After you have done your research, how much the average rent price is for the size of the unit you are looking for and move in cost, you can better determine how much you need to be putting away. Also factor in the target date you want to move. Hope this helps. Good Luck!
June 16 2013
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Can I ask for PROOF OF FUNDS before I show my FSBO house?

Answer
You can ask to see proof of funds prior to show which I think is a great idea if you must drive far to show it every time. As you mentioned it will weed out the none serious buyers. You're already offering a great deal. Consider doing an open house for a weekend, and note an offer deadline with theyre offer instructions. This will help with your process as well. Good Luck.
June 16 2013
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Everyone is moving

Answer
There could be several reasons why people move and most often because of personal reasons. Typically the best time to move is in the summer time and when school is out.
June 16 2013
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Should I sell?

Answer
Recently I helped my friends mother in law sell her home of 40 years. She raised all her kids in the home and had so many memories. She was ready to retire and all the kids had moved out raising they're own families. No friends or family in her area anymore. She took a leap of faith and we sold her home. Right after I helped her buy a brand new home much much bigger. Can you believe her mother moved in with her and sold her home, and also her oldest daughter and her family moved in too. She was able to vision a new chapter in her life and the result was grand! When she realized and saw that the new buyers who bought her home were so excited, it made her process easier knowing that someone else can enjoy raising they're family in the home she did. Sometimes you have to trust faith and logic. Hope this helps. Good Luck!
June 16 2013
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