Fremont Real Estate Blog

  Black Friday Sale 50% off Everything * Use Promo code SHOP11 for 50% off your purchase. * This discount price is good through Tuesday, 12/3/2013 . This is an email offer only and cannot be combined with other special offers or coupons from Nolo. It also cannot be used by 1) trade, library or academic sales accounts, 2) Affiliates, (3) other resellers, (4) or in the Nolo Outlet Store. Not valid for Nolo's Online LLC, PPA, Trademark products. Our products are covered by our "No Hassle" return policy. - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

Alameda County Property Tax News & Announcements - 11/25/2013 This is a reminder that the 1 st installment of the 2013-2014 Secured Property Tax was due on Friday, November 1, 2013.  If not paid by Tuesday, December 10, 2013 the tax will include a delinquent penalty of 10%. You can get information about your tax and whether it has been paid, pay your tax by eCheck or credit card, or get answers to Frequently Asked Questions at the Alameda County Tax Payment Web Page or by phone at (510) 272-6800.   New Mobile Property App The Alameda County Treasurer-Tax Collector is pleased to announce that the AC Property App is now available on Android devices as well as Apple devices. You can lookup your assessed value, property taxes, and parcel map. You can even pay your property taxes right from the app. Download it from Google Play or the iTunes store . Visit our website to learn more http://www.acgov.org     - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great

From DS News Foreclosure Inventory Plunges Nearly 30% The nation's foreclosure inventory has contracted for 18 consecutive months and is now at its lowest point since the end of 2008, totaling 1.28 million loans, or just 2.54 percent of today's active mortgages, according to Lender Processing Services. The company's latest report assessing the performance of mortgage assets through the end of October shows the industry's foreclosure inventory rate has plummeted 29.61 percent from last year. » Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

FUSD website: General enrollment Info - http://www.fremont.k12.ca.us/site/Default.aspx?PageID=275   Timeline for registration - http://www.fremont.k12.ca.us/cms/lib04/CA01000848/Centricity/Domain/83/TimelineElementaryRegistration2013-2014.pdf     -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

These represent my short list for Fremont, Newark and Union City today. Click Here to View Listings   Here they are ranked on a cost per sqft   Here they are priced lowest to highest.   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

This is the same company that has been praised for having one of the best CEOs in Banking. So I’d expect BofA’s fine to be twice as large than. Right?   From DS News.   JPMorgan Chase Reaches $13B RMBS Settlement with U.S. Government JPMorgan Chase has struck a deal with the U.S. Department of Justice to resolve civil claims from both federal and state officials over residential mortgage-backed securities (RMBS) issued prior to January 1, 2009, by the bank and two financial institutions it acquired in 2008–Bear Stearns and Washington Mutual. The $13 billion settlement is the largest in American history between the U.S. government and a single entity and includes $4 billion in relief for consumers and communities impacted by the housing crisis. Federal officials say the relief funding could benefit more than 100,000 borrowers. < Read More >   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search

Elon Musk is not only an amazing technologist but exceptionally smart in business strategy and PR. He's handled each Tesla fire with such finesse. I'm looking forward to model X and beyond.     November 18, 2013 The Mission of Tesla By Elon Musk, Chairman, Product Architect & CEO   Our goal when we created Tesla a decade ago was the same as it is today: to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible. If we could have done that with our first product, we would have, but that was simply impossible to achieve for a startup company that had never built a car and that had one technology iteration and no economies of scale. Our first product was going to be expensive no matter what it looked like, so we decided to build a sports car, as that seemed like it had the best chance of being competitive with its gasoline alternatives. I suspected that this could be misinterpreted as Tesla believing that t

From DS News   High-Distress Markets Continue to Lead Recovery Rising home sales and declining foreclosures drove Q3 home prices to the highest three-month increase since the national housing recovery began, FNC Inc. reports. The company says national home prices have risen 11 percent since the beginning of the recovery, a timestamp that FNC considers to be the start of 2012. Continuing to lead the way are the markets that saw the highest levels of distress in 2008 and 2009. » Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

It happened again. The appraisal came in above the purchase.     - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

  NO FEDERAL DEBT RELIEF INCOME TAX FOR SHORT SALES A short sale in California is generally not subject to federal income tax for mortgage debt forgiveness, according to a recent letter from the Internal Revenue Service (IRS). C.A.R. worked closely with Senator Barbara Boxer to obtain this IRS guidance. We are also hopeful that we can promptly obtain similar guidance regarding state income tax for mortgage debt relief income from the California Franchise Tax Board (FTB), which has been awaiting this IRS letter. Given that a homeowner in California generally cannot be held personally liable for a short sale deficiency (see below), the IRS stated in its letter that it would consider the mortgage loan as a nonrecourse obligation that is not subject to federal debt relief income tax .  The amount of indebtedness, however, must be reported as the amount realized for capital gains purposes. Of course, a principal residence is generally excluded from capital gains tax up to $250,000 for sin

  Thursday, November 14, 2013     http://www.whitehouse.gov/share/two-very-important-lines  

This is good news, such a quick payback.   From DS News GSEs to Return Another $39B to Taxpayers Both Fannie Mae and Freddie Mac continue to see strong profits as the housing market improves. With the release of their third-quarter results the GSEs announced they will be making substantial payments to the U.S. Treasury in December--$8.6 billion from Fannie Mae and $30.4 billion from Freddie Mac. Together, the two companies will have paid back about $185 billion to taxpayers as of December, nearly equaling the $188 billion in bailout money provided to the two mortgage financiers. » Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

No surprise here. -sunil   From DS News California Home Values Improving, Foreclosure Activity Declining Pro Teck Valuation Services' October Home Value Forecast (HVF) report shows that California isn't the market's black eye anymore. The HVF update also examines the impact of state judicial and non-judicial foreclosure proceedings on the housing recovery in markets across this country--all of October's best-performing metros are in non-judicial states, and all of the worst-performing metros can be found in judicial states. » Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

Rates are incredibly low right now!   At some point they have to go up. The bay area housing market has increased so much the last 12 months, that the FED should be concerned about inflation, but unfortunately our tech economy seems to be one of the hot spots in the nation.   From DS News Mortgage Rates Reverse Trend, Heading Higher After three weeks of declining, borrowing costs reversed trend this week as mortgage interest rates headed higher on strengthening economic data in the wake of the government shutdown. Freddie Mac's weekly survey puts the average 30-year fixed-rate mortgage at 4.16 percent for the week ending November 7. Bankrate reported similar findings but with its averages a bit higher as the 30-year fixed rate settled in at 4.35 percent. » Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property

Click Here to View Listings   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .    Love Us on Yelp!      Like Us on Facebook  

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Housing Inventory Snapshot October 28, 2013   Average List Price for active listings Median List Price for active listings Average DOM: for active listings/ for sold listings Alameda County, CA Single Family under $1M $531,009 $525,900 46  / 59 Single Family over $1M $1,922,395 $1,500,000 72  / 54 Condo/Townhome under $600K $372,870 $363,000 42  / 59 Condo/Townhome over $600K $765,702 $716,000 42  / 53 San Mateo County, CA Single Family under $1M $708,677 $699,000 41  / 23 Single Family over $1M $3,775,195 $1,999,000 72  / 26 Condo/Townhome under $600K $432,309 $435,900 36  / 16 Condo/Townhome over $600K $930,053 $778,000 46  / 20 Santa Clara County, CA Single Family under $1M $673,843 $660,000 45  / 20 Single Family over $1M $2,515,978 $1,785,000 72  / 13 Condo/Townhome under $600K $406,244 $398,888 47  / 29 Condo/Tow