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Marina Bay : Real Estate Advice

  • All17
  • Local Info1
  • Home Buying12
  • Home Selling0
  • Market Conditions0

Activity 10
Sun Sep 15, 2013
John Corten answered:
It depends on the size and location of the unit but generally speaking they are anywhere from about $275-360 per month. Right now it's a bit tricky to purchase there because of pending litigation but feel free to contact me for more information.

John Corten
Better Homes and Gardens | Mason-McDuffie Real Estate
2095 Rose Street, Suite 100
Berkeley, CA 94709
DRE # 01902004
efax 510.288.1399
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Sun Nov 18, 2012
Kamal Randhawa answered:
Hello AQ,

Yes, those condos are very nice but you may also want to look at some single family homes in the same price range as you will have more freedom, no HOA fees and you single family homes appreciate in value faster then condos.

If you like, I can send you a list of condos in the Marina Bay area which are available for sale and also a list of single family homes so you can compare. :)
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Fri Sep 18, 2009
Jesse Sierra answered:
Talk to a local Realtor®, I could find it on the MLS.

Best Regards,

Jes Sierra, B.Sc.
0 votes 7 answers Share Flag
Mon Oct 15, 2012
Dave Sutton answered: is a web site of the Richmond Police Dept that will let you map crimes in Richmond. You can select what type of crime(s) or all crime. You can specify the neighborhood by several different means, and you can specify the time period (last 30 days, 90 days, etc). It seems to me an excellent way to answer your question because "safe" is a relative term and I'm not you. You don't want my definition of "safe", you want yours, and I think this will do exactly what you want. ... more
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Wed Sep 17, 2014
Liz Stevens answered:
The best part of the Marina Bay story now is that all the developers want to sell enough to really negotiate. The Pulte townhouses are the "new toy" in town. The shiny new, two story homes - they are condos in the way that they are owned. Condos are always more reasonably priced, and in a descending market like we have now, they are the first to lose value. I like Marina Bay, and when things stabilize, it will gain value quickly. Where else can you live so close to the water for such a reasonable price. I am representing a client buying at The Cove - the nicest of the straight condo developments. Good layout of the units, nicely done inside and willing to negotiate. Look at those too. Ask for Peggy. All the Best. Liz ... more
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Wed Sep 26, 2012
Liz Stevens answered:
Just sold one at The Cove at Marina Bay, and yes, they will negotiate - prices are now very attractive, and you can get something that is quite lovely for $300,000 or less. I like the Cove because the units are laid out well and most outlooks from most windows are nice. Those sold by owners who need to get out are "short sales", many times they go on and on while the bank decides whether to say yes to the "short" part of the sale - many times they will not go along with the agreed upon price between buyers and seller and the property ends up in foreclosure. I don't know if those units will be sold individually by banks at really good prices, but rather to investors who buy 4-10 units at a time and get a good discount. ... more
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Fri Feb 29, 2008
Liz Stevens answered:
Please be careful how you are buying in Richmond. You should probably meet with a mortgage specialist first so you know what kinds of loans are available in Richmond. It is now designated as a "declining values" area along with many other surrounding areas, so your available loan is the first issue. After that, negotiate with any seller, whether they be existing owner of one unit or the developer. This is an opportune time if all the pieces fall into place. Short sales will drive you crazy. The lenders say they are open to them, but they sit on offers for so long hoping others will come in. All the Best to you. Liz ... more
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Tue Feb 12, 2008
Liz Stevens answered:
we are seeing Lennar doing two things: one is negotiate with buyers to sell the units, and two is rent out more and more units. You need to know that if rentals are the majority of the units, you will have a difficult time getting financing, and the value of the sold units goes down. Crime rates are low due to the gated community. Negotiate hard! Liz ... more
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Wed Sep 26, 2012
smartxtai answered:
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Wed Sep 26, 2012
Dave Rivera & Sheila Small answered:
Hi Megan,
It is customary in CC County for the seller to pay the county transfer tax, and the buyer and seller to split the city of Richmond transfer tax 50/50. However, we sell re-sale homes, so if there is a different custom with brand new homes, please, agents, step forward! ... more
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