Discussion/information about Oakland real estate from a buyers perspective.
This category currently has 29 blog entries.
They have been common in SF for years, but only in the past several years have we started to see TIC or "Tenant In Common" units for sale. Unlike a condo, ownership as a TIC means that instead having a deed to the property, you own a 25% or...
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Fortunately Oakland and the surrounding East Bay Area is still one of the most desireable places to live, and this means that even in the toughest markets there is still more activity than in other counties. All you have to do is go one hour South, o...
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Although the government struck a deal to freeze mortgage interest rates for five years on adjustable rate loans, the reality is that only a small percentage of the people who are in trouble will actually benefit. So the Oakland real estate marke...
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Prices on homes in the flatlands of Oakland have come down considerably in the last year. Many of the best priced homes on the market are bank owned properties which have been put back on the market after the owner lost it to foreclosure. Ther...
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The Fed cut the interest rate by a 1/4 point on their last meeting, which is another positive development for the real estate market. Although rates are still historically low, every time the rates drop by even a little it can mean the difference bet...
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Bank of America has a program called Acorn, which is a special program for first time buyers in Oakland and the Bay Area. The great thing about Acorn is that qualification is not based on your Fico score alone, but more based on your income. It ...
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There is much talk in Oakland and the surrounding Bay Area about how much harder it is to get financing now. The recent problems in the mortgage industry has many people thinking that getting 100% financing is not available anymore. The truth is...
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Seismic retrofitting is the process of reinforcing your home against the forces of earthquakes. In general, it includes "sheer walling" your foundation walls to help prevent them from twisting during an earthquake, and bolting your home to ...
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