There are very few homes for sale in Ripon, especially in the entry level segment of the market. Therefore, demand far outpaces supply and values are going up substantially. To answer your question, the Madsen property was only on the market for 8 days and is pending already. This likely means that there were multiple offers on the property and this one could actually sale higher than the listed price. There are two others that are similar in size and area on 4th Street and Wilma Ave that are in the low $200's and pending too.
Prices are definitely going up, the house will likely sale at or above that value, and if you are interested in the Ripon market, you should definitely start looking as values look like they are going to continue to rise.
Let me know if you have any questions about Ripon as I am a broker in Ripon and I live in Ripon myself.
Broker Associate, Realtor
PMZ Real Estate - Ripon
Cell: (209) 627-8501
Fx: (888) 863-7601
CA DRE#: 01382377... more
Walnut Ave in Ripon is a decent area, but most all locations are good in Ripon. Walnut Ave happens to be a little less shady, so the street doesn't have the appeal that the neighborhoods just to the west have.
You may want to contact the Ripon police department and visit the Megan’s Law website.
I hope this helps,
Rocky G.H. Hawrysz, | Prudential California Realty
(209) 444-6610 – Direct | Rocky@PruCalifornia.com | www.TeamHawrysz.com | License No. 01468373... more
Hello there! My name is Henry Brooks and I would love to help. I have 2 rental properties in Ripon, but they are currently occupied. However, I can add you to my applicant list and keep you informed if one becomes available. You may also want to consider purchasing a small condo or town home here in Ripon as the mortgage could be cheaper than rent. Whatever your decision, I am only a call or text away @ 209-814-0119. Feel free to reach out anytime. All the best to you and the family! Your new friend & Realtor, Henry Brooks... more
Ripon is a great community to live in! It is a small town, but has proximity to larger city amenities. Therefore, you get small town living, but don't have to sacrifice the conveniences of living in a larger town.
Right now inventory is really low everywhere, especially in smaller towns, so it will be difficult unless you are diligent and have some patience. In the price range you listed, there are currently only 4 homes available in Ripon!
Because of this, competiton can be fierce and the result is often a bidding war. Key to getting a good deal is to be prepared to act quickly when something does come up and try to beat the rush of other buyers. Some suggestions are:
1. Be prequalified with a lender. Don't want another person putting a bid on a house you want while you're waiting for a letter from your lender saying you are qualified to buy it.
2. Know the area(s) that you are interested in. That way you can focus on what is available in the areas you want.
3. Work with a realtor that knows the area. Often things are coming on the market soon that haven't hit the MLS yet. Many realtors that specialize in an area know about things weeks and sometimes months before they hit the market.
4. Have the realtor you work with send you an auto-search. This can easily be set up and will notify you that something has come on the market that is in your search criteria.
5. Have your earnest money deposit ready to go. Don't want to rush around with prequal letters and getting your deposit ready. If this is already taken care of, you can write a clean offer as soon as you see something you like.
6. Finally, make yourself available to see things as soon as they come up. Again, if you write first, you have an opportunity to get something accepted before other buyers get to see it.
Here is a link to my website: http://sjvproperties.com/resources
It has buyer resources, community information links, calculators, and an MLS search.
I hope this answered your questions and feel free to contact me. I live in Ripon myself, so I'd be happy to share any info with you about the community or housing in Ripon.
PMZ Real Estate
3516 Deer Park Drive, Suite A
Stockton, CA 95219
Office: (209) 472-2010
Cell: (209) 627-8501
Fx: (888) 863-7601
CA DRE #01382377... more
ripon is more expensive, but nicer and a whole lot safer!!!! schools are good. downside highschool does not offer as much as big highschools.but because of the size of the highschool there is more one on one with students vs a big highschool. turlock has nice areas... i have family members in the nice areas but even they would like to move to ripon!... more
I would locate a CPA, not an accountant. You don't really need a lawyer unless you don't want to do some research yourself. Nolo Press in Berkley publishes a very good landlord/Tenant book. I used it for advice when I was buying rental property.
Residual income property has good tax advantages depending upon your tax bracket. Are you looking for income, appreciation or tax relief?
Now is a great time to acquire rental property. I don't have names in Ripon but do know a good CPA in Stockton. If you need further assistance, call me at 209-815-3387 or email email@example.com... more
Do you need to move or have a hardship that no longer allows you to keep up with the payments of your current mortgages? There are options available if you would like to stay in the home such as applying for a loan modification. You can also try to rent out the property if that is financially possible. If you must sell due to extenuating circumstances, there is a possibility of purchasing again after your short sale if you do not have any delinquent payments and the banks will fully release the debt owed. The problem with this is getting your current banks to work with you when you are not delinquent. You also have to find a lender that will qualify you afterward. I have a local lender who would be a good resource to talk to about that option and would be more of an expert in the financing side post-short sale.
Letting a home be foreclosed on or completing a short sale with delinquent payments can afftect your ability to purchase a new home for several years.
Let me know if you would like to speak more in depth about your options, my email is below.
Best of luck,
Adam Dalton, Realtor - Century 21 M&M and Associates
WHAT! can you explain this a little better, Are you say you have ARM and now it is increasing as it was structured and outlined to do! You have a confusing explanation above, go slow and get the info out!... more
Just offer it for sale, if you happen to get someone that is interested in an lease option they will come your realtor can put it in the remarks section of the mls that it is in fact an option. But in my experience over the last 12 years they rarely go through. Why are you wanting to do a lease option? thinking values are going to be higher in a couple of years? What if they are not an the buyers walk or worse you are stuck selling at a lower value than you could have gotten today? I say just sell it if you can and offer it as additional terms. Obviously the best source of inforation is your selected Realtor in your community but that would be my advice to a client here.
West USA Realty... more
I understand that with 4-10 Rental Units you have to obtain a 115 Business License for Rental income property. This is for owners or managers renting four to ten residential units and the fee is $75.00. You may want to call 209-599-2108 of visit www.cityofripon.org for more information.
Rocky G.H. Hawrysz
Prudential California Realty
(209) 444-6610 - Direct Office
(209) 915-6209 - Mobile
License # 01468373... more
someone from califorina will give you a better answer. But to address the issue if a lender can foreclose on someone being considered for a modification;the answer is YES! This happens all the time. The mortgage companies try to mitigate there losses by foreclosing and doing work outs at the same time. The first one to the gate is the winner. This is why you must make sure you are in communication with the lender at all times.
The lenders are reviewed on how many work outs they complete in a month and if the time in foreclosure meets the investors foreclosure state time frame. So the mortgage companies are always working both ends and trying to make sure they are meeting the standards and goals.
For the time period after trustee sale, it depends on your community and it requirements and how they treat people renting and occupying foreclosed properties. As a general rule it would be no more than 60 days. But again, you need to get the input from someone in your area.
First Weber Group
Certified Distressed Property Expert