$245,000
1980 Shea Dr
Pinole, CA
Great 3/2 needs new owners! Make an appointment today to see this wonderful property. Bamboo floors, beautiful tile and vaulted ceilings accent this home. This home has a nice courtyard that you can access from the dining room or living room. Access to the 2 car garage is from the rear. Imagine the possibilities for this home!
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$1,750,000
37 Nunes Dr.
Novato, CA
Amazing home on a cul-de-sac in the hills of Novato on approx 1.25 acres! Open kitchen w/ built-in appliances and ample storage. Formal dining room has sweeping valley views. The living room has a stunning wood-beam vaulted ceiling. The easy layout is great for entertaining. Level outdoor space - potential for a tennis court, pool & more.
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$420,000
7335 Sheffield Ln.
Dublin, CA
Cute as a button contemporary home in a quiet neighborhood near schools and parks. This home has been lovingly maintained. It has an updated eat-in kitchen, formal dining room, living room with fireplace, 3 nice size bedrooms and 2 bathrooms. The nicely landscaped front & rear yard.
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$155,000
500 Grove Ave.
Richmond, CA
Built in 2003, this home has an open layout w/ lots of room for everyone! The spacious living room has a wood burning fireplace. The kitchen is open to the dining room. This home boasts 4 big bedrooms w/ good size closets and 2 full bathrooms. Both baths have separate showers & tubs. This home is fully encompassed by a lovely white wrought iron fence. In addition to the 1 car garage, there is off-street parking for at least 4 cars!
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$175,000
560 Miflin Ave.
El Sobrante, CA
Charming El Sobrante home with a great layout waiting for a new owner! This home features a spacious living room w/ real wood burning fireplace, an open kitchen w/ beautiful granite counter tops and lots of storage & a nice size dining room that opens to the yard. The front yard has beautiful flowering trees, a rose tree and other flowering bushes. The back yard has flowering vines, a delicious lemon tree and wonderful rosemary bush!
Currently pending but contact us to make a back-up offer!
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$273,000
920 39th St.
Oakland, CA
This incredible home has been lovingly cared for and is now available for a new owner! This home has a large entry that flow to the separate living and dining rooms. The main level has 1 nice size bedroom and bath. Also on this level is a small bonus room that would be perfect for an office/study or child's play room. This is a split-level home. Up a short flight of stairs is the master suite. The master suite has a very nice size bedroom and an incredible bathroom with separate shower and tub. There is interior access to the finished basement which contains a utility room, laundry area and bonus room with closet (currently being used as a 3rd bedroom). This home has awalk score of 74! 3 blocks to BART and minutes to 580, 80, 24 and 880. This is a wonderful home.
Currently pending but contact us to make a back-up offer!
More information.
In the Bay Area, most people who purchased their home after 2004 and are planning to sell now will have to do a short sale. If you are having trouble paying your mortgage and other costs associated with the maintenance of your home (property taxes, homeowner’s insurance, etc.) then it makes good financial sense to short sale, especially if your decision is between a short sale or letting the house go into foreclosure.
Unfortunately, for most people the process is not short. The name short sale refers to the payoff to the lender. If the cost to sell your home (i.e. paying off all liens and transaction costs such as commissions, escrow, etc.) is more than your home is worth, the payoff to the lender will be short because the lender will receive less than owed.
Until the home is no longer your responsibility (i.e. a new deed has recorded), you must maintain it and keep electric, water and sewer accounts active and paid. If your home is part of a homeowner’s association, then you must also continue to pay your HOA dues. Failure to pay these bills will have a negative impact on your transaction.
Click here for more information on the short sale process.
If you are in need of a short sale, you are not alone.
According to a recent Bloomberg article, “Owners of about 11 million homes, or 23 percent of households with a mortgage, owed more than their property was worth as of June 30, according to CoreLogic. Another 2.4 million borrowers had less than 5 percent equity in their houses and probably would lose money on a sale after paying broker fees and closing costs…”
According to a recent Bloomberg article, “Owners of about 11 million homes, or 23 percent of households with a mortgage, owed more than their property was worth as of June 30, according to CoreLogic. Another 2.4 million borrowers had less than 5 percent equity in their houses and probably would lose money on a sale after paying broker fees and closing costs…”
“According to the Fiserv Case-Shiller analysis for Moody’s, your home will not likely return to its boom-era values until at least 2015 or later. If your home is located in the Southern California coastal regions, expect prices to rebound to 2007 or 2008 levels between 2015 and 2025. If you own a home in central California or inland cities, then it may take until after 2025 for the prices to rise again to the boom levels.”
Visit our Short Sale FAQ page for more information about short sale.
To read the full text of either of the articles quoted here,
visit:
Bloomberg Article
California Real Estate Forecast