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Sunil Sethi's Advice

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  • 11 Contributions
  • 0 Best Answers
  • 0 Helpful

Sunil Sethi wrote:

Fremont, Calif. Retrofit Update

Response
Hi Barry, Thanks for posting. Did they say what the Residential Energy Conservation Ordinance (RECO) will require seller's to be in compliance with?thanks,-Sunil
November 23 2011
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I am in the Bayarea condo vs townhouse which one is better for investment /retirement home

Answer
I prefer townhomes for the fact that fewer walls are shared, however from an investment point of view, statistically they fared about equally on the run up in pricing and the retreat. Focus on your needs for a future retirement home, for if you plan to live in it during retirement, you won't be selling if even if it goes up in value. -sunil
September 07 2010
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Pros and Cons of investing in a 1 BR,1 Bath Condo vs. 2 BR, 2 Bath condo.

Answer
I agree with David, two bedroom, two bath units are much easier to rent out and have greater appeal than 1Br/1BA units. If you get units near BART, they attract people professionals who commute to the city. good luck,Sunil Sethi[Content removed by moderator due to self-promotion]
April 20 2010
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how may I get more information on foreclosured houses?

Answer
What kind of information are you looking for? New REO's, or properties coming up for auction or those in pre-foreclosure?There are subscription sites like Foreclosureradar.com and also realtytrac, but there are limited access free sites as well out there. I offer a link off my site as well [Content removed by moderator due to self-promotion] which is powered by foreclosureradar.com -Cheers, Sunil
March 16 2010
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All About APR

Response
I've never been a fan of APR. It's an imaginery number, that few people loan officers know how to calculate. I prefer to comparision shop the rate & fees (including points. It's simple to understand, and since escrow & title will be the same - all you need to do is focus on the rate and lender fees.
March 15 2010
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Any good home inspection company recomended in the bay area especially Fremont?

Answer
Your buyer agent should have a go to list of reliable, experienced inspectors. They would be the best people to work with.-Sunil Sethi
January 19 2010
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Is this a new owner or existing owner that took ownership - just saw a sale date of 12/9/09.

Answer
The listing says it was a short sale that closed on 12/9/09. Which would have to be to the new owner. Beautiful house. They had asked $999,000 and sold it for $1,200,000 with mulitple offers. -sunil
January 17 2010
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This home is not in Gomes, Hopkins or Mission High. FUSD says its Vellejo, and Washington?

Answer
That is correct. The schools associated are Vallejo Mills, Centerville and Washington.-Sunil[Content removed by moderator due to self-promotion]
January 17 2010
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Are the schools available for that home?

Answer
Vij,call Fremont Unified or quick link from here to their boundary map (http://sunilsethi.com/schools.htm).The lisitng says it go goes to Gomes Elementary, but it also says the property is sold.Good luck.Sunil Sethi[Content removed by moderator due to self-promotion]
January 17 2010
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Is it possible ?

Answer
this home was sold on 12/14/09 for $410,000.it went pending in July, and is listed in MLS as a 2Br/ 1.5 Bath. It was a short sale.
January 17 2010
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