Archive for Market

Upper Rockridge Q4 2009 Homes that have Sold

February 2nd, 2010

This Upper Rockridge real estate sales report covers single family homes that have sold in Oakland’s Upper Rockridge district during the fourth quarter of 2009.

I am a resident of Upper Rockridge and a long time real estate agent that specializes in the area.  You are welcome to contact me via email or call me directly at [...]

Want to find out if Fannie or Freddie owns your Mortgage?

November 10th, 2009

In the past it has been much more difficult to find out if federally owned mortgage giant Fannie Mae or her brother, Freddie Mac, is the owner of your mortgage.  It has become important, because only their loans are eligible for the fedrial governments new refinancing program for people that have less than 20 percent [...]

Best house on Brokers Tour November 2, 2009

November 2nd, 2009

Monday’s Brokers tour consists of properties in southern and eastern Oakland and the city of Piedmont.  There are lots of good properties out there but the one that stood out to me was 6300 Estates Drive in Oakland CA 94611 Oakland’s Piedmont Side of Montclair.  It’s a smaller Spanish Mediterranean style home very close to [...]

Oakland Real Estate Market 10/13/09

October 13th, 2009

 At our Pacific Union office meeting this morning in the Oakland Montclair office some interesting topics were discussed.
 
It is sounding more and more likely that the first time buyer’s tax credit that was implemented as part of the stimulus package will be going away on November 30, 2009.  The government has extended the program for [...]

How to successfully negotiate as a home buyer

September 22nd, 2009

I can’t believe how many of today’s home Buyers and home Sellers believe that “take it or leave it negotiations” are productive.  I’ve negotiated over 200 transactions of my own as well as another 100 for other agents as a real estate office manager in the city of Piedmont.  A simple rule that I recommend [...]

Pitfalls of purchasing a REO forclosed home in Oakland and Berkeley Hills CA

May 6th, 2009

Though REO (bank owned) properties, foreclosures and short sales are much less common in the Oakland Hills, Berkeley Hills and Piedmont real estate communities, the worsening economy is resulting in these type transactions becoming more prevalent.  Many of today’s Oakland Hills home buyers want to see how they can take advantage of this situation.  Finding [...]

What is a shortsale in oakland hills and berkeley CA

May 6th, 2009

A short sale is a situation when a homeowner is trying to sell their home for less money than they owe on thier mortgage.  Economic conditions being what they are, short sales are becomeing more prevelant, even in trophy real estate districts like the Oakland Hills: Montclair, Upper Rockridge, Broadway Terrace, Berkeley: North Berkeley, Elmwood, Claremont [...]

sunday open homes for Oakland, Berkeley and Piedmont CA

March 20th, 2009

When looking to educate yourself on real estate values and homes for sale in the Oakland, Berkeley and Piedmont areas you may want to do so by visiting Sunday open homes. As a full service Realtor, one of the ways that I provide with real estate services designed to make life easy on my clients [...]

Conforming loan limits and their affects in Oakland and Berkeley Hills real estate

October 23rd, 2008

Loan amounts fall into two main categories, Conforming and Jumbo.   Conforming loans have a limit up to $729k.  Jumbo loans are all loans over $729k.  Until recently the Conforming loan amount was all the way down in the $400’s.  As an economic stimulus the Congress temporarily increased the Conforming loan limit to $729 through January [...]

If a full price offer comes in, is a Seller obligated to accept it?

October 11th, 2008

The bottom line answer is NO. Barring imminent domain, foreclosure and a handful of other specific situations, nobody can force you to sell them your property. A better question may be “What are my risks if a full price offer comes in and I don’t accept it?” The main risk is that you may be [...]

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  • Brian Santilena

    Brian Santilena

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