I have a client who was able to purchase a duplex in Richmond, CA in January of 2009 at the height of the bank failures debacle for only $25,000. It was sold at this price by Lehman Brothers, now out of business. They had foreclosed on it in Sept 2008 for $248,169. The previous market sale was f
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08/31/2009
Today's local paper, the Marin Independent Journal, carries the front page headline "Marin schools shine in state tests." As a REALTOR, I'm pretty well acquainted with the local schools, which are for the most part thought of as excellent, and are often a reason that young families are eager to r
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08/19/2009
I am handling the sale of a mobile home located in a Marin County, California mobile home park. Because it was built in 1969 and is not on a permanent foundation, it is not considered real property. Instead, it is personal property and the owner pays no real property tax. In the FAQ section of eF
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08/10/2009
I've noticed a tendency lately for agents to price short sale properties below what they know that the bank will accept, to stimulate multiple offers. As a case in point, I have a client who has been looking for a home for months. He is stretching his budget, willing to pay up to $500,000. Then
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08/08/2009
