Jean Powers, CRS, e-PRO, SFR, HAFA certified,
Broker, Alameda, CA
Central I believe was also a family transaction, In Alameda there are no deals, buyers are able to negotiate prices but the prices in Alameda have always held their values for the most part! We are again seeing some multiple offers on properties!
Jean Powers, CRS, e-PRO, SFR, HAFA certified,
Broker, Alameda, CA
This property is a 4 plex and was a non-arms length transacton between relatives.
Pam Winterbauer,
Broker, San Ramon, CA
It is my understanding this was not a pre-forclosure property and was a "NON-ARMS LENGTH TRANSACTION" and between two relatives.
This is a pre-foreclosed sale. The amount might be the loan amount owed by the owner. Mostly they just stated the amount of the first loan paid on the ads to attract buyers. You need to do some more research to know more about the buying foreclosures. You can request information on my website at http://www.AnnieFreeHomeReports.com
Lisa Cartolano,
Agent, 94611
It may be that these are a non-arm's lenght transaction which means that the seller and buyer know each other and are selling the property not based on current values. Often times you see this when one family member sells a property to another family member.
Web Reference: http://www.lisacartolano.com
Trulia Roger,
Home Buyer, Alameda, CA
Maybe those are repossessed properties and the prices are the amount owed to the bank at the time of repossession?
Melanie Narducci,
Agent, San Francisco, CA
It could be property being sold between family members. Just a hunch.
Web Reference: http://www.condocontessa.wordpress.com
