Offered at: $59,750
Single family starter home in need of some TLC. Priced to sell for handyman or investor. Features 2 beds/1 bath; HW flooring, large backyard and fenced parking area. Garage converted to addtl living space, permits unknown, buyer to verify.
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Offered at $259,900
Large spacious home, needs TLC. Hardwoods in the LR with fireplace; formal DR; Eat in kitchen with large window for sunlight; 2 bd/1ba street level. 2 rooms/1 ba lower level. Large backyard, corner lot.
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Ranch style home with laminate flooring in LR and bedrooms; tile in bathroom. Features beam ceilings throughout. Garage has been converted to additional bedroom. Large backyard w/ patio. Close to all amenities and transportation. Needs some TLC, put in a little sweat equity and make it shine!
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Want the Home Buyer Tax Credit? Here’s the “Who, What, When, Where, and Why”
Posted on 30. Jan, 2010 by Stacey.
Time remaining to take advantage of the credit:
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One of the most unusual — and generous — programs ever rolled out by the Federal Government is the recent $8000 and $6500 tax credits for home buyers.
Whether you’re a first-time home buyer, or you’ve bought and sold dozens of homes, it’s an amazing time to buy! [...]
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FHA Increases Upfront MIP Fee; Raises Credit Score Requirement; Reduces Seller Concessions
Posted on 21. Jan, 2010 by Stacey.
As promised in December, the Federal Housing Administration has announced the details of changes intended to strengthen its capital reserves which were reported to be headed into dangerously low territory late last year. The changes are designed to increase the FHA’s income from customers while reducing its portfolio’s risk.
Read the full story here on Mortgage [...]
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The busiest season for home sales traditionally begins the day after the Super Bowl. But putting off getting the word out about your property would probably be a mistake, some experts say.
To read the full story, please click here
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California remains ahead of the nation in market recovery with many first-time home buyers entering the market due to affordable home prices, low mortgage rates, and first-time home buyer tax credits from the state and federal governments. However, credit still is tight and unemployment remains high, which could hinder a full market recovery until 2011.
KEEP [...]
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Fast Facts
Calif. median home price: November 09: $304,520 (Source: C.A.R.)
Calif. highest median home price by C.A.R. region November 09: Santa Barbara So. Coast $750,000(Source: C.A.R.)
Calif. lowest median home price by C.A.R. region November 09: High Desert $124,710 (Source: C.A.R.)
Calif. First-time Buyer Affordability Index - Third Quarter 2009: 64 percent (Source: C.A.R.)
Mortgage rates – week ending [...]
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Bay Area real estate investors snap up properties in Sacramento, Vegas
Posted on 18. Dec, 2009 by Stacey.
Bay Area real estate investors have gone on a shopping spree, snapping up homes in low-cost communities outside the region as falling home prices and low mortgage rates make the economics of buying rental property far more appealing.
To read the full story, please click here.
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Fannie Mae Home Path Financing & Renovation Loans
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Sold! 3450 Morcom Avenue, Oakland
- A Sprinkler With a Brain
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Water - Use It Wisely!
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New rules come at a cost for appraisals
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Jeff Green: Stacey, this is a timely article on the home buyer...
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Stacey: Hi Jason, The buyer was unable to secure financin...
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jason: what does "buyer unable to perform" mean?...
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Betty: I recently came across your blog and have been rea...
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Gordon's Credit Report: I also had this worry, but when I asked about this...
