Location Archives: antioch

Escalation Clauses and this market.

Escalation clauses are making a come back in this market. What is an escalation clause? Well, it is an addendum to attach to your purchase offer…. Lets say you are offering $250000…..you find out there is multiple offers, you want your offer to automatically escalate up if a higher price comes in….But how do you […]

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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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2013 Outlook: Antioch Home Prices Up 30% From Lows

Antioch was ground zero for rampant speculation and overbuilding during the housing boom: Prices crashed spectacularly, plummeting 71% from the peak in 2006 to the nadir in 2009. But if you were intrepid — and lucky — enough to buy at the bottom, you’d be up a cool 30% already. Investors, both flippers and buy-and-holders, […]

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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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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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Trespassing Squatters Occupying Short Sale Property File TRO Against the Selling Agent. Yes You Read That Correctly.

Happy Monday!  We’ve got another exciting story for you, about some riveting residents who really respect realtards.  Read on! Squatters issue restraining order against real estate agent KTVU Channel 2, Posted: 9:49 p.m. Friday, April 20, 2012 ANTIOCH, Calif. —  A Bay Area real estate agent said she’s being taken to court by squatters in […]

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