Linda

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Linda,  in Oakland
  • 5 Answers
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About Me
I have lived,worked and Invested in Oakland for over 20 years! Please e-mail with questions about relocating, investing or general questins about the market!
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Linda's Questions (0)
Linda's Answers (5)
Linda answered:
Buying in Rockridge was a smart decision! E-mail me for the latest comps. - Mon Jan 14 2008, 13:54
Linda answered:
North Oakland,Laurel district and Maxwell Park! - Mon Jan 14 2008, 13:52

foreclosed homes do i havve to pay all at once?

Linda answered:
If a home is in foreclosure, this means it is up for auction at the county courthouse steps. Check your local newspaper for listings. You have to have a cashiers check when the bidding ends. This means CASH! There are hard money lenders out there that can lend you money for foreclosures at a very high rate, say 9-11% , for a short term loan 30-60 days. Many investors use this strategy. However right now there are other ways to go about a "bargain" . Short sales, bank owned properties, probate and trusts sales and desperate sellers that need to sell before they lose the property. - Mon Jan 14 2008, 13:48

East Bay or Marin?

Linda answered:
If you want a hip alternative to San Francisco with Restaurants, cafe's & shopping, Check out Rockridge! A 15 minute BART ride to Pleasant Hill. And Chabot Elementary is top rated!
Go to http://www.greatschools.net to see for yourself. Also check out http://www.eastbayhomes.us/Default.aspx?page=26
for more information on East Bay neighborhoods! - Mon Jan 14 2008, 13:36
Linda answered:
Yes!! It is a great time to buy investment property in Oakland. With over 1200 single family homes and over 430 residential income properties on the market, inventory and choice is up, up, up!!!!!!!!. We are writing offers up to $50,000 off of list price. Interest rates are low and may not go much lower. Buy Real Estate and wait, don't wait to buy Real Estate! - Mon Jan 14 2008, 13:13
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