admin on December 24th, 2010

Has anyone seen the “sales bank began short” term in a postseason mark? Not sure what that means. style = “float: left; margin: 5px; font-size: 80%”>

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admin on December 24th, 2010

Hi everyone It appears there are a lot of foreclosure and short sale properties in these areas. A friend of mine is very serious about getting a bank owned property in the Antioch area for investment.  I’ve passed by these cities when i went friut pickings in Brentwood but never lived there. Can someone please tell me some pros [...]

Continue reading about rental property in the Brentwood/Antioch/Pittsburg area

admin on December 24th, 2010

It seems like home inventory on the Peninsula is really low right now – makes sense due to the holidays.  I wanted to see if anyone had an idea how soon after the start of the year that things usually start to pick back up?   Thanks! by TheTruthAbout

Continue reading about When does the market tend to pick up after the new year?

admin on December 24th, 2010

I see what people are saying about the recent rise in mortgage interest rates. In the last 4-6 weeks, which have risen for a reason I do not understand. December is a season low, low for the industry have been uploaded yet. Obama’s tax deal with the Republicans are right about it. Plenty of news [...]

Continue reading about Mortgage Rates —- If you go and why?

admin on December 24th, 2010

I’ve read about some of these before, such as here: http://www.nakedcapitalism.com/2010/09/latest-real-estate-time-bomb-title-of-foreclosed-properties-clouded-wells-fargo-dumping-risk-on-hapless-buyers.html   Now it’s my turn (after 4+ years of being a Redfin lookie-loo!).  We’ve had an offer verbally accepted on an REO property, and I have to agree to the 21 page REO addendum, which overrides the contract where there is conflict.   I [...]

Continue reading about REO addendums

admin on December 24th, 2010

For a 1960′s house, could you make the original ceiling into a vaulted high ceiling?   How would that compromise structural or earthquake safety?  Would energy efficiency suffer since there will be less insulation.  Obviously we would seek an engineer’s advice before actually doing anything, but I was wondering if people here had any general advice?  [...]

Continue reading about Vaulted ceilings? Structural or earthquake concerns?

admin on December 24th, 2010

Hello,   My family and I are currently living abroad, but we hope to move back to the East Bay area with our son in 3-4 years. We’re contemplating the possibilities of purchasing a 3-4 bedroom single family home around San Ramon/Danville/Alamo area and renting it out while we’re away.   My question is: what’s [...]

Continue reading about Rental Market in San Ramon/Danville/Alamo

admin on December 24th, 2010

I am purchasing a house that is now in escrow.  The listing agent is threatening now to block the sale of the house even though we have all signed paperwork and agreements in place.  I don’t want to go into the full details of the reasons why but I can say it is about commission [...]

Continue reading about Big Problems on Closing of House

I am a lazy fence buyer, currently renting and keeping funds in cash and stocks (1:1).   I have not bought yet, due to lack of good homes and higher listing prices (in good areas, IMHO). Or maybe it is just an excuse.   Last two weeks, with rates skyrocketing (not in absolute terms, but [...]

Continue reading about Rising rates – who should be scared more now, buyers or folks with variable rate mortgages ?

admin on December 24th, 2010

http://www.redfin.com/CA/Menlo-Park/775-17th-Ave-94025/home/1931958 "ALL CONTRACTS MUST LIST SELLER AS OWNER OF RECORD’"   what does this mean? by homesbythomas

Continue reading about ALL CONTRACTS MUST LIST SELLER AS OWNER OF RECORD?