Profile picture for Jessica Foote

Jessica Foote

Zillow All Star

The All-Star badge is given to top contributors of the Zillow community. These are active Zillow users who share their real estate knowledge and help others by contributing high-quality content. The more and better the contributions, the more likely an award will be granted. Users' contributions can be seen in their profiles.

AgentTeam

16 Recent Sales (last 12 months)

REALTOR, CA DRE (6 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Consulting

Advice

  • (29 Contributions,
  • 1 Best Answers,
  • 2 Helpful)

Contributions are sorted newest to oldest.

I just passed my state exam and want to begin a career in real estate but I have some concerns

Answer

Joe,I am a full time realtor who started part time because that is what I had to do. I would schedule and automate as much as possible, and showed property at night and on the weekends when I wasn't doing an open house! If you are passionate about real estate, you can make it happen.  Also - Berkshire Hathaway Home Services CA Properties has been a great company to work for and be trained by.  When I started with them it was Prudential, but they were notorious for their phenomenal training.  Best of luck!

  (0)
If I buy a house jointly with my parents is it a good investment for me if I have never bought a hou

Answer

It depends on your relationship with your parents and the expectations of everyone.  What is the benefit to you? Would you get a portion of the proceeds if it sells? A reduced rent/housing cost?It can be complicated to decide how you and your parents feel comfortable doing such a deal, although I have had two clients go this route. Where the dad paid the down payment and and he paid the mortgage.  Another family literally came up with a split ownership and cost deal where they split the down payment and also the monthly mortgage expense.  These two clients of mine clearly spelled out how the deal would work, which is important to do if you are going to make it work.  Best of luck!

  (0)
Rent out current place and buy new one - does my income have to support both mortgages?

Answer

I just heard about a mortgage that could work for you from a lender I know. Here are the details below.  I'm happy to connect you with him to see if this option would work for you.  It's the best I've heard of lately for someone looking to make a move like you are, without having significant rental history. 7) Step-Up Program - Allows a homebuyer (even if underwater) to eliminate 75% of their current home's monthly mortgage payment from their DTI by renting out their current home in order to "step-up" or buy another home. No minimum equity requirement in current home, no need to claim rental income on tax returns. Guidelines are below: /* Style Definitions */table.MsoNormalTable {mso-style-name:"Table Normal"; mso-style-parent:""; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} Purchase onlyPrimary only Single Family Residence Detached PUDOne Unit Properties OnlyNo Condos20% down (No gift funds for down payment)720 FICO for jumbo680 FICO for conforming43% DTI6 months reserves (only 3 months can come from retirement)No 60 day lates on any tradelines in past 12 monthsNo collections, charge-offs or judgments in the past 24 monthsLoan amounts from 100,000 - 1M

  (0)
why is my home listed for so less compared to my neighbors?

Answer

Anila,I have spoken to Zillow about this issue a handful of times for my sellers when their homes have been listed.  It does help to make sure that all the features are listed on your home.  If you are the owner, you can go to the Zestimate Details Header and under it click on add owner estimate and edit facts about your home.Best of luck!Jessica 

  (0)
Has anyone ever heard of this?

Answer

It appears that this guy is simply trying to gain business and the opportunity to list your home by offering to put it in his advertising directory for free. It doesn't appear that he will sell your home commission free.  When agents list homes, they only get paid when it sells.  Most agents like myself will pay for all marketing fees for sellers.  This includes photography, videography, flyers, direct mail, advertising, you name it.  The marketing strategy will vary from agent to agent. Nothing comes for "free", but you'd be surprised at how many clients I speak with who are shocked at how much their home could sell for, without any upfront costs, and their bottom line profit is what they are hoping for, which includes realtor commission. This is a market of possibility in San Diego... buyer demand is still strong, prices are up.  You should consider what the best way is to market your biggest investment. Which may or may not include listing with an agent.

  (0)
Property value estimate

Answer

You should have the ability to comment on value on Zillow, and I am happy to give my assessment of value on your property if that would be helpful. I can also ask the Zillow team if they have any suggestions as well. I just need to know your property address, and also, the best value assessment is done if I am able to preview your home. Sorry to hear you are having trouble with the Zestimate.

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How do I remove photos of my home off of zillow?

Answer

I can ask a Zillow representative or you. Please email me the link to your home [deleted by Zillow moderator] and I will forward your message on. They are usually very prompt. Thanks!

  (0)
i need to find home remodeler that gets paid when i sell

Best Answer

What type of renovations are you hoping to complete? If there are just a few improvements, let's talk. I may be able to put you in touch with a contractor that would be open to this. You have some different options depending on your equity, the condition of your home, and the market in your neighborhood. If you need massive upgrades, you may want to checkout renovation realty. I just represented a buyer on a home that they sold. They're awesome! Best of luck to you, feel free to reach out to talk next steps or with more questions.

  (0)
Questions regarding buying second home

Answer

The question depends on where you are looking to buy the investment property and what return you can expect. You would want to make the decision based upon how you could best put the money to work and what you are most comfortable with, whether it be in real estate, the market, or in paying down your existing mortgage. Best regards! Jessica Foote

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