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Jason Walter's Advice
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0 Best Answers
Jason Walter wrote:
Where may I find a home that has a guest house to?
Are you looking for a house to buy? If so, a Realtor would be happy to search the MLS for you. Please let me know if you have any questions. Thanks, Jason Walter, CPARealtor at Hammer Real Estate Group(916) 716-1341
5 days ago
I have my home listed in the MLS for the scramento area but it is not listed on Zillow - Why?
Just call your Realtor and have him/her put it onto Zillow. For additional exposure have them post onto Trulia as well. The listings on Zillow and Trulia are not a complete list of active homes for sale but your Realtor has the ability to add them manually.
How do I ensure that Zillow has the correct information about my house?
Res assured, your lender cannot use Zillow in order to do a refinance of your loan. Often information on Zillow is inaccurate so it is not to be relied upon. I would contact your lender to get clarification.
Should I sell in Sacramento, or wait?
If I were you, I would list your home ASAP. This is for 2 main reasons reasons. First, interest rates are still favorable but as they rise, the number of buyers that could purchase your home could also decrease (i.e. the maximum amount that they could borrow will decrease as interest rates rise). Second, inventory (i.e. the number of houses for sale) in Sacramento County went up 68% in January compared to December 2013! Historically, the number of listings is still fairly low. I expect inventory will continue to rise as we enter the Spring/Summer buying season. The ideal time to sell is when supply is low so buyers have fewer options which drives up home prices. Please let me know if you want any more information or have any questions. Thanks, Jason WalterREALTOR - lic #01923240Certified Public Accountant (CPA) - lic #103885
Is the CALFHA Down Payment Assitance Program worth it?
Hello and thank you for your question. My main concern is the amount of savings that you have compared to the cost of the house that you want to buy. When you purchase a house, you want to make sure you have a solid financial foundation. Would you have enough emergency reserves if your hot water heater broke, had major plumbing or electrical issues, lost your job, had a medical emergency, etc.?Here is a great video that I think you may find helpful:https://www.youtube.com/watch?v=MEniw46-U-UThe decision is yours but you may be better off renting longer and saving more money for a down payment, closing costs and an emergency fund. Thanks, Jason WalterREALTOR® - lic #01923240Certified Public Accountant (CPA) - lic #103885
what is the current value of my home?
Hi Daniel, It certainly won't be the value listed on Zillow because their estimation (called a Zestimate) is an automated system! If you are curious to find out the estimated current market value of your home, then contact a local Realtor who can view your house and give you an analysis about current sales in your neighborhood. Please let me know if you have any questions. Thanks, Jason WalterREALTOR® - lic #01923240Certified Public Accountant (CPA) - lic #103885Hammer Real Estate Group(916) 716-1341
Purchasing 2 Acres with existing home but want to build a second home on same lot.
You would purchase the 2 acres much like any other property. If you want to build a second home a construction loan may be a good option but I would consult with a local loan officer. I would recommend [promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]
how can i find out my home value if i want to refiance
If you want to determine the approximate current market value of your home then contact a local Realtor who can do that for free. He/she will research the MLS and run comps for you (i.e. similar homes that have sold recently in your area). After that talk to a loan officer about your options. If you want a referral please let me know.
If I buy a home and can't sell the home I already own, what happens?
Wetdawgs is correct (i.e. you would own 2 homes). Could you please provide more detail about what your trying to accomplish?
I assume you are referring to the Zestimate (i.e. the value of each home listed on Zillow). This is created by an automated software process designed by statisticians. The estimates are meant to be neutral. Zillow does not change individual Zestimates in response to customer feedback. To provide more data on your Zestimate, you can post your estimated value and comment in the Owners' Estimate section indicating your support for a different valuation but this will not change the Zestimate.The Zestimate of your home in no way effects the actual value of your home. It's simply a starting point and should not be relied upon. Click here for more information. Hope that helps but I know it can be frustrating when you see inaccurate information about your home.
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