Fremont Real Estate Blog

I'll be at the Wells Fargo Home Buyer Workshop on Saturday at the Oakland Marriott from 1:00pm to 3:00pm. Please stop by and ask for me. Cheers, Sunil

I can now help you in getting Lot Loans! Below are some of the highlights. 18 month interest-only balloon Max loan amount $800,000 Only a land appraisal is required Stated to 80% with 700 fico (70% with 680 fico) Full doc to 80% with 660 fico No reserves on full doc Builder/owners not permitted Pricing is as follows: Prime + 1.00 @ 1.00 cost - Full doc Prime + 1.50 @ 1.00 cost - Stated income 1.00 cost is credited back to borrower if we do the construction loan! Note: Land must have utilities. This product is intended for borrowers who are looking to build on the property fairly quickly, and not for borrowers who are looking to purchase land simply as an investment. Please call for lot type specifics (Spot lot, Approved Subdivision/Established Community), and for loan structuring questions. I appreciate your business, and look forward to speaking with you soon. Sunil Sethi sunil@sunilsethi.com (510) 388-2436 www.sunilsethi.com

You can meet the author of "Find it, Fix it, Flip it" - Micahel Corbett at Books Inc. at 301 Castor St. Mountain View on Friday - March 24. I read the book 2 wks ago. It's a good read, for anyone interested in buying real estate. I'm interested in finding out more on how he sourced his deals, as that's often the hardest part.

It seems more and more people are interested in the Help-U-Sell model to selling real estate. We're going to meet tomorrow to discuss whether we want to go that route. Definitely for most having a barrier between the buyer and seller helps.

the Tri-city marketing meeting had more people this week than last week. Maybe 150 vs. 125 last week. There were more properties on tour, and the properties are being presented in better shape than during th boom. There were two properties in Ardenwood. A duet in with 1739 sqft listed for $739.5K that was in the Forest park elementary school district, and the other going a detached single story home with about 1300 sqft going to ardenwood elementary for asking $725K. Both were in excellent condition in the interior. however i'd probably opt for the duet. this week so far has been focused on investment property. Three of my title officers bought investment homes in Atlanta. I learned of an interesting opportunity in pocatello idaho (PP $325K with rent of $3000/mth, already rented, built in 2006 4plex). It's already gone. But don't worry, it can't be the only one on the block as such. Another person called me today, telling me about getting a SFR detached for $115K rent...

Fremont Real Estate Report the Tri-city marketing meeting had more people this week than last week. Maybe 150 vs. 125 last week. There were more properties on tour, and the properties are being presented in better shape than during th boom. There were two properties in Ardenwood. A duet in with 1739 sqft listed for $739.5K that was in the Forest park elementary school district, and the other going a detached single story home with about 1300 sqft going to ardenwood elementary for asking $725K. Both were in excellent condition in the interior. however i'd probably opt for the duet. this week so far has been focused on investment property. Three of my title officers bought investment homes in Atlanta. I learned of an interesting opportunity in pocatello idaho (PP $325K with rent of $3000/mth, already rented, built in 2006 4plex). It's already gone. But don't worry, it can't be the only one on the block as such. Another person called me today, telling me about getting a ...

Homes available today dropped to 547. 2br/1.5 ba