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Stuart Santana's Advice

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  • 544 Contributions
  • 9 Best Answers
  • 37 Helpful

Stuart Santana wrote:

Is this a good time to Sell my Condo ? Want to buy a Detached Home?

Answer
The joys of living in Southern California are that usually the "bad" time to sell is between Thanksgiving and New Year's--in my opinion.  Most people don't want to move during that window, and those that do, usually have to for whatever reason, and tend to sell at a lower price.  Most homes are going into escrow in the first 30 days of being on the market--some the very same weekend they are listed.  If you would like to give me the opportunity to earn your business feel free to private message me, and I will prepare a comparative market analysis of your Condo with no obligation.  With that information you should be able to make an informed decision you are happy with.Greetings from So-Cal and good luck
3 days ago
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Questions regarding California mortgage for non resident from the United Kingdom

Answer
I work with 2 lenders that could answer some of your questions, and provide you with a few options. Every loan officer has at their disposal a few loan products, so it is to your benefit to speak to a few that have the ability to originate loans for non-Americans.   If you Private message me your email address I can forward it to them both, and then work with whoever you feel most comfortable with.Best wishes from So-Cal and good luck
3 days ago
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How much does solar add to the value of a home?

Answer
Adding further, I have sold a few homes now with Solar systems--and it didn't really boost the value much, if at all.  What the solar panel systems did do was boost the appeal over other similar homes, so the homes with Solar sold faster.  If you are looking for more return on your investment I would strongly encourage you to upgrade your Bathrooms and Kitchen.All homes I have sold owned the solar systems outright, and I have yet to sell one with a Leased system in place.I would imagine a leased system would have even less of an impact though, and maybe even be a deterrent due to the common terms in said leases.Best wishes from So-Cal and good luck
5 days ago
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How does a house drop this much in 30 days?

Answer
If you can believe it, I've seen worse.  I had a zillow estimate drop over 800k in 30 days.  I am not entirely sure how they hyper inflated the value the first time, but I told my clients it was a borderline cruel joke.Never rely on the Z-Estimate.  I wish Zillow would get rid of it entirely.  It serves no useful purpose for many property types.  Why create friction between Agent and Client?  If you are looking to sell your home, please do not hesitate to reach out to me, so that I can give you a custom market analysis with an aggressive marketing plan.  Private message me if interested.Best wishes from So-Cal and good luck
5 days ago
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how important is it to have a broker from the neighborhood vs successful broker having other areaa

Answer
We live in the age of technology, and things aren't limited by geography too much anymore.I recently showed a property in Los Angeles County with a listing agent in Sacramento.  After showing the house, the listing agent called me, and the only reason why I recognized the area code was because I went to UC Davis.  Point being you should use whoever you are comfortable with.  Be sure to ask how they will procure offers for you.  Many agents will take a handful of snap shots from their cell phones, and upload it to the MLS.  That's it.  You want an agent that does a bit more than that, and be sure to look at the Realtor's past listings.  Some agents do the bare minimum, and today's buyers want a LOT of information before committing to a showing.  We live in the age where more is usually better, so make sure your Realtor delivers...I service Los Angeles, and would love for the opportunity to earn your business.  Feel free to PM me if interested in exploring another option--a conversation doesn't cost you much more than a few minutes of your day.  Best wishes from So-Cal and good luck
5 days ago
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what kind of mortgage loan can a foreign national get when buy a house in CA?

Answer
I have worked with 2 lenders that have pretty reasonable foreign rates for buyers.  If you would like me to pass you their information, please do not hesitate to contact me.  If you aren't already working with a Real estate agent, I would also love for the opportunity to earn your business.Best wishes from So-Cal, and good luck
5 days ago
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At what point do we get to keep the deposit

Answer
Further adding to the conversation...even after a buyer removes all their contingencies, the security deposit does not necessarily revert back to the seller in the event of a cancellation.  I have had sales take place where the buyer will not sign the release of deposit from escrow, and so the money just sits there...until the State takes it.  Most buyers would rather work out a deal for a % of the deposit to go to the seller, but some would rather none of it go to the seller if the seller is unwilling to split the deposit in some fashion--even though they wasted the seller's precious marketing time.  Best wishes from So-Cal and good luck
5 days ago
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What are the reasons to use a professional to find a renter for my 4,300 sq ft house?

Answer
There isn't one if you are knowledgeable in such matters, and if you are available for most of the day.  It is a time consuming operation to take calls from prospective tenants, and then to screen them (going through financial documents, running credit reports, etc).  If you have a job that allows for an unlimited amount of personal calls you should be fine doing this on your own.  If you are able to create your own ads and put them wherever you can, people will surely come.  A visible sign from the street will also get you a lot of activity. Fees vary by each professional, and are negotiable.  I can help you with this Rental if you like, just message me if you are interested.  I am pretty strict with my criteria, and am a fellow landlord myself.Best wishes
April 27
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We have been waiting for 18 months on an answer from the bank on a short sale. Suggestions?

Answer
18 months is a long time.  Well beyond the average for a short sale, that's for sure.  Definitely put some pressure on your agent, and hope the file is still active.  I have heard of cases where the home has already been lost in foreclosure but the listing agent wasn't even aware of it.Best wishes
April 27
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Asset rich but cash poor-repost

Answer
If you message me what you have in mind, I may be able to connect you with a private investor.  Best wishes
April 27
(0)
 
 
 
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