Buying or refinancing a home in a high cost market? With so many attractive interest rates advertised and loan programs available in the lending environment today deciphering what interest rate and program is needed to successfully pull off your transaction can be something else entirely. Need a big mortgage loan? Read on… $417k Conventional Conforming […]
7950 Barcaglia finally sold for $580K. It’s a beautifully rehabbed 2 Br 1 Ba home on 1.17 acres that is at the corner of Hwy 116 and Occidental Rd, The sellers bought the place in September of 2007 and put it on the market on 8/12/2011 at $880K. It wasn’t a “Quick Flip”, they took […]
A smoother deal, more offers and likely a higher price. Pest, well, septic and complete home inspections often reveal issues. Sometimes an offer is formally contingent on one or more inspection reports, in reality all offers are. Each inspection and report is a potential failure point in the deal, if you are already in escrow […]
And what I have seen since confirms it in my mind. After talking to Mike Williamsen and reviewing July Data for Marin, yup. Marin has hit a peak in prices. There will be a few outliers as always. How soon and how harsh the correction will be are the big questions. Your guesses are invited, […]
I’ve been following Bill McBride ( And the late Doris Dungey) at Calculated Risk Blog for more than 8 years and I have learned to have confidence in Bill’s numbers. The other day he mentioned that inflation since the year 2000 has been 40% ( Not in wages, sadly). So to break even on a […]
A couple of months ago I ran into an acquaintance who expressed an interest in flipping his first home. There was a good prospect coming up I was aware of and I showed it to him. It was a nice prospect and a minimum net $30K return after commissions. He said he’d get back to […]
I think it would be a lot of fun to do a deal that involved bitcoins although fixing the exchange rate might take a bit of negotiation. Would you accept payment for your home in Bitcoins?. Why? Why not?