"Elementary school for this property"
According to FUSD Elementary school attendance boundaries this property should pull to Hirsh Elementary (FUSD will have the final word on this): http://tinyurl.com/8kthrjt
"Do you think is it a good neighborhood and good property to invest ?"
Re: "good neighborhood "
RealtorsÂ® typically do not comment on "crime & safety" due to Federal/State anti-steering law exposure. An individual who "directs a particular race to a certain neighborhood and away from others" may be accused of "steering".
Since an overwhelming majority of Clients I work with express concern regarding â€œarea and communityâ€ one of the tools I suggest they use to come to an opinion is http://www.crimereports.com
-- the most important opinion of any area is your own!
User Tip: once you enter an address, or an entire City, go to the "Incident Layers" tab to select what type of information is important to you. Next, choose the duration of time you want to look at under "Date Range" (for example, you might look at 2011 verses 2012 to date, etc.).
Re: "good property to invest ?"
Check the details; however, BMR units typically restrict the owner from capturing all equity gain over the time you own the BMR. For this primary reason, and the other purchase criteria listed below, I would not approach this property as an "investment".
City of Fremont
Below Market Priced Program
Irvington Common Development
Income Eligible Purchaser must meet of the following criteria:
a. Currently live, work, or had previously lived in Fremont (must provide proof).
b. Must be a first time homebuyer (s).
c. Must obtain a loan pre-approval letter from a City Approved Lender
d. Must provide the City with Loan pre-approval letter from a City Approved Lender
e. Must agree to City of Fremont program terms (including the owner occupancy requirement; use of the property as a rental is prohibited).
f. Income eligible purchaser(s) must agree to sign a 30-year Resale Restriction and Option to Purchase Agreement.
g. Must have a good FICO score of 680+.
h. Income eligible purchaser(s) annual income must meet the minimum income level and can not be more than the income limits listed below.
2012 Income Limits listed below: [Household size, min income,--max income (110% of median)]:
Best Regards, Steve