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Berkeley : Real Estate Advice

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  • Local Info9
  • Home Buying110
  • Home Selling5
  • Market Conditions12

Activity 163
Mon Sep 17, 2012
Eric H. Wong answered:
The 2 first things I would do are to;

1. Speak to a lender to find out what you can afford.
2. Familiarize yourself with the Berkeley rent control laws.

Berkeley has very stringent rent control, and that may affect which properties you are going to make an offer on, especially if the building has tenants.

After that, find an agent you can work with, and move forward. But those 2 first steps will be your foundation.
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Sat Jan 19, 2013
Ivan Diaz answered:
Hello,

I can help you. Jumbo financing niche type of lending...Not all lenders have the same guidelines or competitive pricing. It sounds like you understand some of the guidelines...however, to properly advice you, a full application is necessary.

My contact info is below.

Best,

Ivan Diaz
Home Mortgage Consultant
idiaz@lhfinancial.com
(415) 271-7740 direct/cell
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Sat Aug 18, 2012
Lance King answered:
There are agents, and agencies who handle rentals. Do a google search in your area for such as many only handle sales/purchases
0 votes 2 answers Share Flag
Wed Oct 24, 2012
Bill & Elijah Fletcher answered:
I love south berkeley! The energy is awesome. Loads of diversity , New cafes new restaurants. Now there's the tuesday evening farmers market As far as safe goes , You have to decide for yourself. city of berkeley has a website that has a crime map on it. I suggest you check it out and I suggest you check out the neighborhood that you're interested in. go there different times of the day see what's going on. Pay particular attention to about 5 o'clock on a friday afternoon because that's prime dealing time. I have a house on fairview street and I love it. But keep in mind there is really no safe neighborhood anywhere. ... more
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Fri Apr 29, 2016
Fred Yancy answered:
This disclosure statement is a disclosure of the condition and information concerning the property, known by the Seller. Unless otherwise advised, the Seller does not possess any expertise inconstruction, architecture, engineering or any other specific area related to the construction or condition of the improvements on the property or the land. Also,unless otherwise advised, the Seller has not conducted any inspection of generally inaccessible areas such as the foundation or roof. This statement is not awarranty of any kind by the Seller or by any Agent representing the Seller in this transaction, and is not a substitute for any inspections or warranties the Buyer may wish to obtain.

I do not beleive that the agent was trying to mislead you. We rely on the homeowners to complete the seller's disclosure to the best of their knowledge. Not sure why you think that the in-law suite is not legal. Did you go to the local building permittting office to see if a permit was pulled to construct an addition? This addition could have been constructed prior to the current homeowner's knowledge or that homeowner built the addition under the impression that they had followed local laws. Bottom line I doubt anyone was purposely trying to mislead you.

Good research on your part though. Good luck in your home search.

Fred Yancy, Broker
Crye-Leike Realtors
(678) 799-4663
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0 votes 12 answers Share Flag
Fri Jun 21, 2013
John Corten answered:
As a realtor I am strictly forbidden to cast judgements about what is considered "safe" or "unsafe" since it can be somewhat subjective, but I would encourage you to check out websites the give you crime stats like:

http://www.neighborhoodscout.com/ca/berkeley/crime/
http://police.berkeley.edu/crimemap/

You can also call the Berkeley police department directly via phone and ask about crime in specific neighborhoods.

Good luck in your search and let me know if you have any other questions!

John Corten
Better Homes and Gardens | Mason-McDuffie Real Estate
510.918.8661
2095 Rose Street, Suite 100
Berkeley, CA 94709
john@johncorten.com
http://johncorten.wordpress.com
DRE # 01902004
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0 votes 8 answers Share Flag
Thu Jul 26, 2012
Elisa Uribe answered:
Hopefully you are aware of this portal too: https://calrentals.housing.berkeley.edu/UCBOCH/och.htm Best of luck and enjoy your stay in the U.S. If a property I manage becomes available, I will let you know. Thank you. ... more
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Wed Aug 15, 2012
Davey Cetina answered:
Peter Barnes of RPM Mortgage (a direct lender) is my preferred loan consultant. His office is located in Berkeley and they offer many great loan products- including a 20 day close, conventional loan. This has sealed the deal for a couple of my last transactions.

Peter Barnes
Senior Loan Consultant
Conventional and FHA Certified

RPM | MORTGAGE
1385 Shattuck Ave. Ste B
Berkeley, CA 94709
Phone: 510.647.5337
Cell: 415.302.3398
Fax: 888.266.6330
CA DRE License #01739948
NMLS #239580

Feel free to contact him at your convenience.

If you have any other questions please feel free to contact me!

Davey Cetina
Buyer’s Specialist | DRE# 01887446

Better Homes and Gardens Real Estate
2095 Rose St, Ste 100 | Berkeley, CA 94709
[t] 510.517.7238 | [f] 510.780.2110
david.cetina@bhghome.com
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0 votes 10 answers Share Flag
Wed Jul 25, 2012
Tomi Thomas answered:
craiglist continues to be the best resource for rentals in the Bay Area, though you might try posting a wanted ad on Berkeley Parents Network, or try to find some of the neighborhood groups on yahoogroups.com

Trulia is not really a good resource for rentals, in general. With interest rates so low, and rents so high, have you explored purchasing?
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Sat Jun 30, 2012
Micheal Peck asked:
Wed Sep 19, 2012
Daisyk answered:
There isn't a magic spot in Berkeley where you can find street parking. So you'll need to drive around until you can find a spot. Just remember to move your car every two hours after 9AM otherwise you risk getting a ticket, which they are very strict about there.

--Daisy (PR Manager at Trulia)
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Thu Jun 21, 2012
amyjbelanger asked:
I'm looking for a BIG house to lease as master-lessor, and rent out rooms short-term to visitors of UC Berkeley (e.g. visiting professors, parents visiting kids, researchers, etc.). I'd...
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Sat Sep 17, 2016
Davey Cetina answered:
It is not necessarily a bad buy- it will even be a bonus for buyers with disabilities, if you plan to sell it in the future.

The only downside, as with any additional feature (such as spas, saunas, etc) is maintenance.

If you have any other questions please feel free to contact me!

Davey Cetina
Buyer’s Specialist | DRE# 01887446

Better Homes and Gardens Real Estate
2095 Rose St, Ste 100 | Berkeley, CA 94709
[t] 510.517.7238 | [f] 510.780.2110
david.cetina@bhghome.com
... more
0 votes 17 answers Share Flag
Fri May 4, 2012
Kamal Randhawa answered:
Hello,

Berkeley has many places like this as many residential streets have been turned commercial. It may some time to find a place suitable for you but it can be done.

Please call or email me so we I can send you some listings via email to get you started :)

Kamal Randhawa
510 932 1066
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0 votes 2 answers Share Flag
Thu Jan 16, 2014
Adam McClure answered:
As a developer and Realtor, I can say that Berkeley is probably the toughest jurisdiction for permits in the SF Bay Area. I've had better luck getting things through planning in San Francisco and that's no walk in the park. The permit records in Berkeley are also very detailed compared to many other areas. However, they only put those systems in place within the last decade so most homes don't have the kind of detailed information that you get from a new project today. Because of that I think the expectations of buyers are still below where they will be over time. You can probably do moderate remodeling without incurring much of a resale penalty. However, if there's a major addition of living space you will have an issue for appraisal. Some appraisers will give credit based on measuring your gross living area and others will choose not to. Of course, newly permitted work is given directly to the assessor and you will pay taxes on that space going forward. The only way to make sure you get the full count is to get permits on any expansion work. If the expansion is all interior and does not change the building envelope I would think you can get in and out of planning in 3-4 months. That's a long time in my book but it could be worth the wait. Finally, consider that without permits you need to be on exceptionally good terms with your neighbors because one phone call could stop your work and cause you to pay not only in time but triple the permit fees. Hopefully you can tailor these remarks to your specific needs and situation. Cheers! ... more
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Wed May 30, 2012
David & Devin Ratoosh answered:
Hi Drsw,

If you're trying to avoid students you will want to steer clear of the areas immediately surrounding the campus.

You should begin looking in neighborhoods such as The Berkeley Hills, Northbrae, Westbrae, and Ocean View. Elmwood may be suitable as well.

Feel free to contact me if you would like further assistance in your search.
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Thu Mar 1, 2012
Robert Chomentowski answered:
You could check similar homes in the area on a title company web site and look at the historical sales. You might find something that sold in 1989 and that would give you a good idea.
0 votes 1 answer Share Flag
Fri Jan 27, 2012
Bill & Elijah Fletcher answered:
Benita
I'd love to interview for the job.
Reviews and info available at link below
Best wishes
Bill
0 votes 14 answers Share Flag
Fri Jan 27, 2012
Marie Souza Team answered:
MBK - Try doinga google search for the address. If it's on the market it should show up. Otherwise, try The Marie Souza Team - Top Selling on Cape Cod
Cape Cod Real Estate Services
508-790-2000
info@mariesouzateam.com
MarieSouzaTeam.com
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