I've listed this immaculate 3BR Vallejo home with a huge back yard with fruit trees and a garaage for $199,000. This home has been owned for decades by the widow who is selling to move closer to her daughter. It's paid for, so there is no need to negotiate a short sale with the bank. It has been
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01/26/2009
I signed a listing this week on a 1BR condo in Benicia that a client of mine bought in Sept of 2006 for $312,000. She is now on disability and needs to short sale. I've listed it for $115,000. She wants to stay on as a tenant and will pay an above market rent of $1300/mo to do so. Another one ju
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01/23/2009
Half Price Sale on Condos! Unless you've been hiding under a rock in 2008, you already know that the deflation in housing prices finally hit Marin in a significant way, and that the phenomenon of "short sales" (where more is owed than the home is worth) and foreclosures have become news here a
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01/20/2009
If you're one of the lucky ones to be prospering in this down economy, and are looking for a private, secure, high-end rental in Marin County, CA, then I have a gorgeous, 5BR, 4BA, 5000+ sq.ft. home with views of the San Franciso Bay for you! This home, on Highland Avenue in San Rafael, is locate
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01/15/2009
Mary Southall's column in today's Marin IJ indicates that of all the Marin condos on the market, half of them are either in escrow or have offers-to-buy pending. My experience confirms that. I have an investor that wanted to put in an offer on a bank-owned condo in the Canal area of San Rafael la
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01/01/2009
I received an inquiry from a client who is "under water" in her condo (i.e,. owes more than it's worth) who asked "I was told I have to pay taxes on the difference between a short sale and what I owe. Is that true? If I just let it foreclose, will I owe taxes? In either a short sale (when you get
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01/01/2009
just finished 6 Broker Price Opinions (BPOs) for various lenders, on properties in Tiburon, Mill Valley, San Anselmo, Woodacre and San Geronimo. These are similar to an appraisal, but don't go into such detail as applying additions and substractions for each feature that differs from a property t
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01/01/2009
There are currently 25 single family homes in Mariin that have been foreclosed and are now bank-owned and listed on the MLS. They range from a 1BR/2BA, 608 sq.ft. home in Forest Knolls to a 4BR/4BA, 4425 sq.ft. home in Novato. The banks have already taken their losses on these REO (Real Estate Ow
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01/01/2009
Believe it or not, it's possible to own a home in Marin for under $100,000 -- a mobile home! This is a bit of a misnomer, since they typically are only mobile while traveling from the manufacturer to the lot or mobile home park on which they will sit. Some mobile homes are not considered real es
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01/01/2009
As today is the start of a new year, it seems a great day to begin my real estate blog on ActiveRain.com. My focus is on real estate in Marin County, California, just over the Golden Gate Bridge from San Francisco. I'll be commenting on issues that I deal with on a day to day basis and on the sta
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01/01/2009
