Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Albany : Real Estate Advice

  • All37
  • Local Info3
  • Home Buying9
  • Home Selling4
  • Market Conditions3

Activity 42
Fri Dec 9, 2016
Rich Reed answered:
It would depend on what the multi-unit housing is replacing. My opinion is, if it's replacing single family homes on large lots, then it probably would tend to decrease the value of surrounding homes. If it's replacing dilapidated and unsightly areas, then it would tend to increase surrounding home values. ... more
0 votes 1 answer Share Flag
Mon Dec 5, 2016
Angelica P answered:
Hi,

I am happy to help you get your listing posted on Trulia.

If you would like to post a rental on Trulia, you will be redirected to use our partner site, Zillow Rental Manager, to list your rental on Zillow, Trulia and other top sites. Please follow this link for instructions on how to post a rental listing:

http://www.trulia.com/post-rental/

If you have additional questions or have issues with posting your listing, please reply back to this email and I will be happy to help you.

Zillow Rental Manger Help:
https://zillowrentalmanager.zendesk.com/hc/en-us

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Wed Jun 1, 2016
Walter 'Skip' Kersten answered:
For the home to sell and title transfer to the new buyer, all loans and liens will need to be paid off. This usually happens with the escrow process. How the remaining proceeds, if any, are distributed is another matter.
Good luck,
... more
0 votes 1 answer Share Flag
Wed Oct 14, 2015
Terri White answered:
Trulia compiles that information under the "Median Sales Price" and compares the list price and the sales price. There is indeed a map showing where the sales are located and price. Let me know if you can't locate it, and I'll be happy to send it t you directly, as I'm not sure if it just shows up on the agent portal or the public portal.
Best,
Terri White
Berkeley Hills Realty
415-238-7293
... more
0 votes 1 answer Share Flag
Thu Jul 23, 2015
Cindy Davis answered:
Ask the listing agent of the property to remove them.
0 votes 1 answer Share Flag
Wed May 6, 2015
Sheryl Arndt answered:
Hello Julie, due to the low inventory the rentals vary quite drastically. If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria.

You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

You may qualify to buy with FHA as a primary residence with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
1 vote 4 answers Share Flag
Wed May 6, 2015
Sheryl Arndt answered:
Hello Angelina, you may have to put a larger deposit to rent and you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities with NO FICO scores with alternative credit.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria.

The rentals in Berkeley start from $1,800 for 1bd 1ba apartment and up and even more expensive in Albany. The purchase in Berkeley start from 349k for 1bd 1ba condo and 339k in Albany for 1bd 1ba condo which is as low as $1,700 down payment with a minimum 580 fico score @339k.

You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

You may qualify to buy with FHA as a primary residence with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score.

You will need to be pre-approved if you decide to buy to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, home price, loan program and how much you want to invest into the down payment and closing costs.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt

If my response was helpful, consider clicking Thank, Link or Best Answer.
... more
0 votes 1 answer Share Flag
Thu Mar 19, 2015
Randy Stoker answered:
All listings featured on Trulia were originally posted by the Realtor who input the data into their respective MLS data base. Contact your Realtor and make the correction there; Trulia will pick up the new data within 72 hours ad adjust their listing information. ... more
0 votes 1 answer Share Flag
Wed Sep 10, 2014
Roger Grubb answered:
No Realtors are touching this question? I'm a little surprised. Ask 3 General Contractors and get 3 radically different answers. The shame is that you're supposed to know the loopholes and what questions to ask.

Keep in mind I'm a Journeyman Carpenter, who has built custom and tract homes, who became a Realtor later in life. My insight is multifaceted and volumes have been written on this topic.

First, get at least 3 estimates stating specifically what you want, from the foundation to the roof and everything in between. Will it include the utility hook-ups, driveway/sidewalk, landscaping/seed/or simple grading? Do you need an Architect or will they providing plans? Is the A/C and heating units green?. Solar? Warranties? Tile? Exactly what kind, where, quality, imported or domestic? Carpet, pad thickness, manufacturer, plain or cut pile, level loop, pattered loop... you're starting to get the idea.

Saving a buck is in most peoples minds and you may want to take care of installing floor ocverings yourself and that might save you a few bucks. Kitchens and baths are where the price/sq ft can be quite high and is where you can save if you're a do it yourselfer.

Most estimators in the bay area are throwing out numbers starting at $150/sq ft. Add tile in the kitchen and baths and that number goes up.

I can direct you towards a few Contractors who have built homes locally and whom I've done business with. Just let me know if you'd like those numbers. I am happy to help.

Take care,
Roger Grubb
... more
0 votes 1 answer Share Flag
Sat Mar 15, 2014
Don Tepper answered:
One rent site calculator that I like (not as good as the MLS, but really quite good) is http://www.rentometer.com That may give you an idea.

And then call a Realtor who specializes in rentals. Some do ... more
0 votes 2 answers Share Flag
Mon Oct 7, 2013
Rae Claire answered:
For good public schools (including high school), Albany is pretty much it. For instance, Oakland has some pretty decent neighborhoods, with decent elementary schools, but forget about high schools in Oakland (imho). ... more
0 votes 5 answers Share Flag
Tue Jun 25, 2013
Jamie Edson answered:
As a native of Albany, I would love to tell you that Albany is safe. However, I was personally a victim of crime in Albany. The brother of a girl I was friends with at Albany High School murdered another Albany girl. Of late, I can think of two serious crimes that occurred in Albany. Now I am talking about over a span of many years, but there is no place that is "safe".

There is only "safer than". Some streets in Albany are "safer than" others. Albany is safer than some towns and less so than others. Those databases mentioned will help you determine statistics. Another tool for you to compare cities is the Megan's law database.

I currently live in a town which the media crucifies as being incredibly unsafe. Yet I feel safe where I live for the most part. Enough to walk my dog late at night, at least in the neighborhood where I live. So neighborhoods are perhaps more a barometer than an entire city or smaller town, and I don't believe you will find statistics for those.

One thing I do, is ask the local police about the number of calls made to specific neighborhoods. I would ask long before I gave myself the opportunity to fall in love with a specific house, so your judgement is not clouded.

Choices that you make are as big a factor in your safety as your location. As a teen in Albany, I made a bad choice and put myself in totally avoidable danger. I am not blaming myself. This is simply a fact, from which I learned not to make similar mistakes.

A choice you can make after you find your new home is to head a neighborhood safety group. There are both online (Nextdoor.com) and in person groups (www.nnwi.org). All neighborhoods are made safer when residents become actively involved.

Good luck, Jamie Edson

DRE# 01796294
510.828.4243
... more
0 votes 4 answers Share Flag
Mon Jun 17, 2013
Norman Gee answered:
General inventory is still well below historical norms. Over the past 15 years the average inventory of available homes in Alameda & Contra Costa counties has been around 4500, today we are sitting around 2000. There are many factors that go into deciding if the time is right, the biggest for most people is monthly affordability. As interest rates go up affordability usually goes down. The other big factor is the very limited supply of 3 bedroom homes in Albany. If you decide to wait a while, do yourself a favor and continue to monitor the market. You never know when the right house might come along and a slim chance of getting the home you are looking for is better than none should you completely withdraw. Your agent or broker should be able to set you up on a automatic notification system for homes that fit your general criteria. ... more
0 votes 8 answers Share Flag
Fri Apr 12, 2013
bmattson66 answered:
i need comp info on house sold near me
0 votes 2 answers Share Flag
Thu Apr 4, 2013
Lisa Cartolano Ellen Diamond answered:
Hi,

The differences are not particularly significant. Base property taxes are the same across Alameda and the difference in the tax basis comes from the cities and local ordinances that have been applied. There are ordinances that have been voter approved for libraries, schools, etc. and this can change the tax rate in different areas of a particular city as well.

The county is portion of the property taxes are the same for all cities located in Alameda County. This county portion is 1.0%

The average tax rate in Albany is 1.3814% with the city portion .1620%, the education portion .2032%, miscellaneous 0.162

In Berkeley the average tax rate is 1.2472% with the city portion 0.0470%, the education portion .1840% and miscellaneous .0162%

This is just an average, but it at least gives you an idea of the tax basis overall for each city. When looking a particular property, it is important to review the preliminary report to find out the exact tax basis and to see if there are any special assessments for that particular home.

Pricing in both cities can vary a lot. Berkeley is a larger city, so there does tend to be more variation in pricing. Location within each city plays an important role in price along with size and condition. Albany does tend to have a lower rate of turn over with less inventory than Berkeley. If you are beginning your search, there is currently a dearth of inventory and lots of competition for the few listings that are currently on the market.

Hope this helps! If you have any further questions regarding the market in Albany or Berkeley, do not hesitate to contact me.

Lisa Cartolano
DRE 01715440
Lisa@LisaCartolano.com
510.213.1139
www.LisaCartolano.com
... more
0 votes 2 answers Share Flag
Tue Oct 23, 2012
Felix Hung answered:
Tedgeline,

I recommend you connect with a mortgage loan officer and go over FHA financing as well as a 5% down conventional - side by side, you'll be able to see the difference and which one fits your needs better.

Why do you prefer not to go FHA?

Felix
... more
0 votes 7 answers Share Flag
Sun May 6, 2012
Yours Truly answered:
Regarding Albany, I recognize the trend you are referring to in the “Median Sales Price” graph.

Anecdotally, I know of three properties on part of my street alone (~0.6 mile stretch) that have been vacant and not for sale for more than a year. Another property that went on sale a few months ago was recently pulled—it remains vacant.

As well, I agree with your projection about the direction of real housing prices. However, due to inflation, nominal prices could decline less or remain flat for several years.

By the way, did you notice the phase shift in “Number of Sales” after the middle of 2009? What does this imply about liquidity in the Albany market?
... more
0 votes 5 answers Share Flag
Sat Mar 17, 2012
Kamal Randhawa answered:
I dont think you will be able to find it on Trulia. This information can be easily provided by your real estate agent. If you like, I can look up the prices for you...just need the address or the area in Albany. ... more
0 votes 7 answers Share Flag
Tue Dec 13, 2011
David & Devin Ratoosh answered:
Hi Betty,

I am a real estate agent working in Albany and I would be happy to provide you with some comps. Call me on my cell phone: 510.919.5499


Devin Ratoosh
Marvin Gardens Real Estate
www.DevinRatoosh.com
... more
0 votes 2 answers Share Flag
Tue Sep 13, 2011
Tomi Thomas answered:
Carrie, I can't help but wonder whether you went on market in July, and how you did? I list and sell in Albany, and the market there has definitely performed differently this year than in the recent past. Larger homes, because there are so few, still sell for a premium, and homes that have been very upgraded. There was simply too much info left out of your query to reply, but overall, I would have said that $700K would be hard to achieve unless it was a large home and very unique. To several points below, Zillow is never a reliable source for comping, and location, architectural style, street, and upgrades are all very critical factors that have to be taken into account. Yuo didn't say whether you bought to sell for a profit, and whether you had to get 700K to make money, or were hoping for a windfall. Hope you did well, and hope you hired a local agent who understands the microdetails~ ... more
0 votes 5 answers Share Flag
1 2 3
Search Advice
Search
Albany Zip Codes

Followers

198