If you plan to purchase a home in Carriage Hills, be sure to check the tax records. My first deal in C.H. the listing Agent incorrectly wrote down "El Sobrante" instead of "Richmond" in the MLS. I warned my buyer that I did not believe the house was in El Sobrante, but Richmond, and to brace himself for the big transfer tax. All Realtors worth anything know that Richmond calls for a $7.10 per $1,000 transfer tax in addition to the County $1.10 per thousand tax. At $500,000 that equates to an additional $3550 in taxes! Just make sure you get a good detail oriented, strong negotiator, local Realtor to represent you. ;-) I'm here if you need me! Call anytime. Roger Grubb 510-504-0402... more
The school district is to big for its own good. However I hear the monies received from Chevron have a lot to do with it. At one point Hercules tried to break away and it never happened. The school district touches the flat lands of Richmond as far south to El Cerrito and as far North to Hercules. Huge foot print, hard to place a one size fits all. Its been like this for ever....and it will continue to be this way.... more
Many factors would have to play into that. There could be a house listed for $250K that is really worth $275K that will end up in multiple offers. There could be a house listed at $250K only worth $200K because the seller is unrealistic at the time.
If you want to look at houses higher than you can get a loan for I would bid on short sales. They take a while with no guarantee but if you can snag one you can usually get a good deal.
I work the area if you are looking for a Realtor.
Good Luck if I don't hear from you.... more