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Home Buying in Alameda County : Real Estate Advice

  • All54
  • Local Info6
  • Home Buying20
  • Home Selling3
  • Market Conditions4

Activity 2,365
Thu Jul 7, 2016
MCM_STL answered:
I don't care where you are, that is something you should ALWAYS get inspected. Do not gamble with the plumbing! Repairs can get expensive quickly if you have any sort of drain related problems. Those are not something you want to find out about after you've purchased a home! ... more
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Thu Jun 30, 2016
Pl.estacio answered:
Sat Jun 25, 2016
Home_seeker answered:
Sagar,

Pretty much my thoughts as well. I really don't see a lot of value in buying a 800k+ home in Dublin and commuting 2 hours to and from the valley for work.

The new communities are making use of this inventory shortage to their best interest. But, that is their business. I hate going to open houses these days where agents proudly talk about multiple offers, market competition, "hot" market, and encourage their clients to quote 10% more than the list price. I don't want to single out agents here. Every agent is thinking the same, and they want to secure the house for their client. So, they want to stay in the higher range of the bidding war. And I have personally seen agents who ask clients to disregard the comps, as they say that the "market has changed".. BS..

I was ready to buy Windwood home at 720k, when I signed up. Because of their release plan, they called me when the price was low 800s. I passed it on.. I already felt 720k was high... I don't know if there is a right price for a house.. But, the price I see now are just not right...
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Wed Jun 15, 2016
Mahesha_in asked:
How is the Bay Colony community in west union city? I see the homes listed there usually have a lower per sqft price than ones in Ponderosa or other neighbouring communities. Any reason…
0 votes 0 Answers Share Flag
Sun Jun 12, 2016
Andersonkarl1032 answered:
Am Anderson Karl by name, I live in Arlington, United State Of America, NOVEMBER last year,am grateful to God so much that He has finally put smile on me by connecting me to this lender who put a smile on my face. This lender whose name is Mr Morison Webb gave me a Business loan which amount is $250,000USD last week,after my agreement to their company terms and conditions and one significant thing i love about this loan company is its fast service and also its God fearing attitude for not been like others. I give glory to God that my storm is over now,and am now that busy man that i used to be and also my business is now growing here in my country because i now have much capital to do my business properly before the year runs out without having to go and meet my bank for any assistant .Thank you Mr Michael David for this dream come through and i promise to try all my best to refer your loan company to others this year as you have also lend me a loan to start up my own business this year 2016,i will also refer customers to your company who are also in need of loan.. thanks so much over and over again and may God guide you all . here is their email to contact them if you need loan too..morisonloanfirm@outlook.com because he is the most understanding and kind hearten lender. ... more
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Sun Jun 5, 2016
Dgiannec answered:
As a new owner, you step into the old owner's shoes....

go back to the seller and ask for his/her copy of the lease addendum--be sure the tenant's copy is legitimate. Then look over the estoppel documents the tenants signed. Is the tenant that is still in the property on the lease--as a tenant, sub-let, etc. etc.?

You are obligated to walk through the property with the existing tenant not sooner than 2 weeks before move-out. Let them know what they can do to minimize the amount of money you will keep from the security deposit for cleaning, damage, etc. You have 21 days to itemize and return the money (if there is any leftover from the security deposit) BUT the 21 day clock starts ticking when the last tenant has surrendered possession of the property to you (usually with the return of the keys).
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Thu Jun 2, 2016
Ws Homeowner answered:
I am not an agent but have lived in Warm Springs for the last 10 years. Seems from your multiple questions you are considering Fremont area and Pleasanton and considering what area in Fremont. Quickly as far as area, others have hit on some things but consider:

1. Fremont area is cooler, closer, and you avoid 680 daily hell - a draw for east and south Asians
2. Pleasanton area just seems nicer, cleaner, quieter, less 'urban', less crime

Considering Fremont districts if you are thinking school, seems like the scores favor (in descending order) MIssion San Jose, Weibel, Warm Springs, Ardenwood. Here it's tricky as if your kid is not a going to be a super-student, works well under extreme pressure for good grades, AP, and homework, MSJ might be not needed and overkill. Weibel and Warm Springs have come up in scores (close to 900 K-12)dramatically so that if you might want more well-rounded kid who does sports and arts these are a valid consideration and can save a few $100, 000.

Good luck
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0 votes 6 answers Share Flag
Tue May 31, 2016
Mike Sears answered:
Candysfung,

Right now there are no BMR or BMP homes available in Fremont. Also, per this link from the city website, https://fremont.gov/1635/Below-Market-Price-BMP-Program they are not looking to have any available in the near future.

If you would like to speak about this or anything else related to this, please feel free to reach out to me anytime and I would be happy to help.

Thanks
Mike Sears
Berkshire Hathaway HomeServices
925.784.3527
mike.sears@bhhsdrysdales.com
... more
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Tue May 31, 2016
Mike Sears answered:
FirstTime Home Buyer,

Right now there are 22 properties (SFR, condos, townhomes) currently available in Irvington or Warmsprings area of Fremont. As the school year approaches you will see less inventory because families are less likely to want to move right before school starts or after school has already started.

The more inventory on the market the better the opportunity to purchase.

I would be happy to send over the list of homes or discuss further exactly what you are looking for. Feel free to call or email when you have some time.

Thanks,
Mike Sears
Berkshire Hathaway
925.784.3527
mike.sears@bhhsdrysdale.com
... more
0 votes 1 answer Share Flag
Fri May 27, 2016
Charo Bhatt answered:
Hello Jaivin,

When you asked the question about the future value of property close to freeway, I realized that we share the same concerns about a property which is 500 yards away from the freeway. I have often heard about noise concerns from clients over the 25 years I have helped buyers and sellers in Fremont. In my experience, a high noise factor does lower the desirability of a home. This leads to lower prices than other homes which are a few blocks further away from the freeway.

However, it is important to note that the resale value is determined primarily by when you are selling the property. If the property is sold in a seller’s market, when the demand for homes is much higher than the supply, interest rates will consequently be low. Furthermore, reasonably priced homes, as determined by the condition of the property, sell quickly and for significantly higher than then asking price while in a seller's market.

My primary suggestion to you is to purchase a home for a lower price in a buyer's market, and then sell for higher in a seller's market. Regardless of the home's proximity to the freeway, the relative return on investment of such a sale make this the best investment strategy. If someone is currently renting a property, I recommend to buy in any marketplace because home ownership has many advantages. For more information, please feel free to contact me at CharoBhatt@gmail.com.

Good luck,
Charo Bhatt
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0 votes 3 answers Share Flag
Wed May 25, 2016
Tamara asked:
I'm a city employee in SF, and my husband is a teacher. Wondering if any other public servants had good experiences with a particular lender who really knew their stuff?
0 votes 0 Answers Share Flag
Sun May 15, 2016
Manasgopujkar answered:
Hi Reddy,
did you decide to buy this property? If yes then can you please share your feedback re. train noise? I am looking at a TH very close to the tracks and am trying to assess how big a factor the train traffic would be.
thank you!
Manas
... more
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Sat May 14, 2016
Wdqqjb answered:
dont move here you gon get robbed nigga
0 votes 12 answers Share Flag
Sat May 14, 2016
Shane Attell answered:
Yes, this can be done.

I have been in this situation before. Your agent needs to disclose this to both buyers. As an Agent the best thing you can do is explain to your clients the situation and give them all options and go over the pluses and minuses letting them tell you how they would like to proceed.

Keep in mind the seller will decide which offer they would like to ratify, as each offer will be different.

Thank you,

Shane
... more
0 votes 9 answers Share Flag
Sat May 7, 2016
Dorene Slavitz answered:
Do you have a Buyer/Broker agreement with your Realtor? The buyer/broker agreement outlines the Agents duties and responsibilities to you. I don't think it's actually illegal, it could be considered unethical if you have this agreement in place. ... more
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Sat Apr 30, 2016
Susie Kay answered:
I would suggest that you work with a local realtor to assist you. I used to live in TriValley before relocating to DFW and yes, there are some areas with soil liquefaction and foundation issues. ... more
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Fri Apr 29, 2016
Five Stars answered:
5% down payment is fine up to 1 mil loan amount. Higher loan amounts available with 10%+ down payment. 700 credit score required, full income and asset documentation will also be required.

Five Stars Mortgage
National Jumbo Loan Resource
7 days week - 9am-8pm
Ph: 800-871-2636
www.FiveStarsMortgage.com
... more
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