Fremont Real Estate Blog

Notices of Default in high-end zip codes are running higher than lower priced neighborhoods. More here: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/11/08/MNMC1ABRBC.DTL&feed=rss.business -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA / SUNIL SETHI REAL ESTATE 38750 Paseo Padre Pwky Suite B3 / Fremont, CA 94538 Main 510 388 2436 / Fax 510 431 9046 My Bio: http://sunilsethi.com/about_me.htm Personal: http://www.sunilsethi.com My blog: http://fremontrealestate.blogspot.com/ LinkedIn: http://www.linkedin.com/in/fremontrealtor CA DRE#: 01173766

I saw this property shortly after it came on the market because it was priced at $779,900 for a 4 bedroom, 3 bath with 3281 of living sq ft and an 8800 sqft lot. The price per sqft asked was $238. The neighboring homes were selling for about $950k. The faults were the property was that the previous owner (currently bank owned) had gutted the master bath . All in all it needed about $50k of work. it just closed on 6/12/08 and the buyer got a great deal.