Fremont Real Estate Blog

Identifying Red Flags on a Preliminary Report Here are a few things to look for on a Preliminary Report that might cause problems prior to closing:  INCOMPLETE OR INACCURATE LEGAL DESCRIPTION   The legal description on the title commitment should always be compared to the legal description in the purchase and sale agreement. This ensures all property being conveyed has been included and thereby covered in the preliminary title commitment and forthcoming title policy.  OUTSTANDING DEED(S) OF TRUST   Deeds of Trust which were paid off, but not reconveyed, will require a reconveyance from the trustee or a court-ordered satisfaction to remove it from the record. In certain situations, with proof of payment an...

  California mainly uses two types of deeds: the "grant deed" and the "quitclaim deed." Most other deeds you will see, such as the common "interspousal transfer deed," are versions of grant or quitclaim deeds customized for specific circumstances. Since the interspousal deed is so commonly requested, we are including a sample in this guide. DEFINITION GRANT DEED: A grant deed is used when a person who is on the current deed transfers ownership or adds a name to a deed. The grantor(s) promise that they currently own the property and that there are no hidden liens or mortgages. QUITCL...

The Bay Area, long renowned as the epicenter of technological innovation, continues to see immense wealth generation, particularly among employees of the highest capitalized technology companies. As we delve into the data, it becomes evident that the current market dynamics are creating a prime opportunity for potential home buyers. The Surge in Tech Wealth Year to date, the largest technology companies in the Bay Area—such as Apple, Google, Meta, and Salesforce—have seen significant gains in their stock prices. This surge has directly translated into increased individual wealth for their employees, especially those with stock options or equity grants. Let's examine the average wealth of employees at major tech companies, based on their stock holdings. The following table showcases the significant financial power held by employees with six years of experience, assuming an average shareholding between 2,000 and 5,000 shares. For Nvidia, I adjusted the average share to reflect the re...

Find out the latest Sustainability news for Fremont. View this email in web browser. ...