Holy Cow! I don't think I have ever been so busy showing and selling Brentwood, Oakley, Antioch, Discovery Bay. And now Concord and Pleasant Hill. Mostly it's for investors, but the "little guy" is jumping in too. ALL of my listings have multiple offers and almost all of the offers are for over asking. It's crazy. I just don't have enough time in the day. And now I am working with an investor who is buying homes for people who for one reason or another cannot purchase their own home and then is leasing it to them as an option purchase. We just can't keep up! I love it!
What we are doing is finding homes that are in short sale status but are tenant occupied. We are offering to buy these homes for the tenant on a lease option basis. So far everyone has been signing up, and it's been great. Banks are happy and tenants are happy, Realtors are happy. It's a win-win situation for everybody.
But because so many people are doing this now I am seeing the prices of homes going up, up, up! EXPECIALLY in the mid 300 and under range. I would encourage anyone thinking of waiting to see what is going to happen, not to wait any longer.
The time is NOW!!!
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