And a shout out for 8790 Sonoma Hwy Kenwood, which has been on the market ( Several listings) since 7/7/2008! It started at $2.799MM and is down to $1.595MM which will cover the loan, the commission and not a lot more. It’s a 1912 built B and B subject to the “Mills Act” ( It’s [...]
There are only five, perhaps because it is Mother’s day. The first is MLS # 21309962, which is located at 5187 Volkerts Rd. This is a flip by private parties and they did a good job, putting in a lot of effort and money. 1925 built 2 Br 2 Ba, 1733 Sq Ft home on [...]
Alameda has had property prices increase BIG-TIME this year. That’s old news. But this link may be of interest to those who are buying or are trying to buy at this time. Here’s a line from the Wall Street Journal article, dated May 1: Even with the gains in home prices, housing is more affordable [...]
It was “George Elliot Day” at the Broker’s meeting. George has been with Mission Hills Mortgage for quite a while and he is both a regular at the meeting and someone who does a lot of volunteer work in the community. His boss provided a catered breakfast and after giving a short speech enumerating George’s [...]
Zombie Foreclosures — A new term, though I have seen them, especially after bankruptcy with 3rd party loan servicers. http://www.findmywayhome.com/home-mortgage-news/zombie-foreclosures-haunt-boomerang-buyers/
It’s very noticeable that clean well priced homes sell quickly, quite a few were in escrow before they formally hit the MLS or within 72 hours of hitting the MLS ( They were announced as upcoming listings at the Broker’s meeting, someone got an early look and a preemptive offer was accepted). “Greater Sebastopol” encompasses [...]
If you are not a US Citizen trying, it can be a long and difficult road to obtain a mortgage. Many lenders won’t makes mortgages to people who don’t have social security numbers or permanent work stability. For the purposes of getting a mortgage, US Citizens and Permanent Resident Aliens are the same, with one [...]
