Location Archives: fremont

Permits for Home Improvements

Homeowners find themselves doing home improvements in  need of  a new roof, or a new water heater, electrical etc with  bids from contractors includes cost of permit etc….. Homeowner assumes all work is being done to code and permit protects them……..NOT so fast………this is what has been happening throughout the Bay Area with certain contractors….. Permit […]

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Buyers-Consider FHA 203K loans

Why should buyers consider FHA 203K loans? Because of this market.  The competition is fierce with low inventory. Many homes left are in need of a repair…..This is where a 203K loan can leverage a buyer to get into a location or school system previously unaffordable. 203K FHA loans are rehab loans. There are two separate […]

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Chinese Investors Flocking To Bay Area

Home prices in China appear to have peaked so droves of Chinese investors are turning to the San Francisco Bay Area instead. The Contra Costa Times reports: Wei Luo, an electrical engineer-turned-contractor and real estate investor, said he has helped at least 10 friends from China buy about 15 homes and condominiums in the Bay […]

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Danville To Become A “Festering Cluster Of Humanity?”

Danville is updating it’s general plan, which will include 9.6 acres of high-density, low-income housing to comply with state requirements. The townsfolk are not happy. From The Contra Costa Times: A crowd of about 200 packed into the Danville Community Center and more than 20 speakers told the town’s planning commission to essentially leave well […]

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Wells Fargo Peddling Down Payment Assistance Crack

Wells Fargo is now peddling down payment assistance crack to potential FHA home buyers in Oakland, Fremont, Hayward, Concord, Antioch, Bay Point, Brentwood, Pittsburg and Richmond – areas that have been hardest-hit by foreclosures. Similar to the glory days of down payment assistance programs, borrowers could buy homes with zero money out-of-pocket. Back in 2008, the FHA […]

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