http://www.trulia.com/voices/Home_Buying/WOODSTOCK_HOMES_COOPS_IN_ALAMEDA_CA_IS_ON_A_YEAR_-93135SO IF I BOUGHT THIS HOME IN WOODSTOCK COOPERATIVE. WOULD I HAVE TO GIVE IT UP IN 29 YEARS WHEN IT WAS JUST ABOUT PAID OFF? DOES THE LEASE BELONG TO THE NAVY?en-ushttp://www.trulia.com/voices/profile/Home_Buyer-Albany_CA-671430/http://www.trulia.com/voices/profile/Home_Buyer-Albany_CA-671430/It turns out that anyone buying into the woodstock homes co-op corporation Is on a new 99 year lease. The land was purchased from the navy in the 60's. Woodstock owns it's own land. The co-op is 100% owner occupied. No one can rent their unit out without some special arrangement with the board of directors.Fri, 27 Feb 2009 18:01:58 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-Alameda_CA-177795/http://www.trulia.com/voices/profile/Real_Estate_Pro-Alameda_CA-177795/update. The listing agent said she has already received two offers, and possibly another one. She set the deadline to submit offer by 5 pm tomorrow, Friday, Feb. 27. I showed this property today --- and it has one of the largest lots in the community. There haven't been any upgrades, but it looks clean especially since it was repainted and re-carpeted. It will need new electrical and increased amperage. And the bathroom and kitchen (there are no appliances) need updating. Otherwise, it appears to be a really good value for the price. Good luck!Fri, 27 Feb 2009 00:11:22 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-Alameda_CA-177795/http://www.trulia.com/voices/profile/Real_Estate_Pro-Alameda_CA-177795/Barb Troy is right. Glad you're considering Woodstock. Being a co-op, there is a strong sense of community in this area. As of this writing, there is only one unit available for sale, at 214 Cypress, listed at $279K. It's townhouse sthyle, with 3 bedrooms/1 bath. You are probably already aware that they will require a 20% downpayment, and that financing is done through NCB. The contact for financing is Jeremy Morgan. Phone 866-ncb-ohio extension 31 oe email him at e:jmorgan@ncb.coop Good luck, and hope that you will soon consider Alameda your home.Thu, 26 Feb 2009 11:32:37 -0800http://www.trulia.com/voices/profile/Real_Estate_Pro-94501-187526/http://www.trulia.com/voices/profile/Real_Estate_Pro-94501-187526/Hello Barb my understanding of he Woodstock Coop homes is that the coop iself owns the land and everytime one of the homes sells the lease renews so a buyer is never in any danger of the land reverting to the navy or any other body. I hope that answers your questions if you have any others about Alameda feel free to contact me. Thanks TroyThu, 26 Feb 2009 11:12:10 -0800