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Interested in buying or selling your home?
If purchasing a home to live in for the first time there are a number of programs that can assist you; and now is a great time to buy. Most cities in the bay area like Oakland, Berkeley, Emeryville, and San Francisco have first time buyer assistance available for those that qualify. The state also offers first time buyers assistance in the form Cal HFA financing. With the new changes to FHA properties in California you are now able to be insured by FHA, in places like the Bay Area. This allows you to have a lower down payment with out having to pay PMI. And while there are some homes that do need a lot of work, there are affordable homes in good neighborhoods that are at near move in condition. With a little pride in homeownership it could really shine again. |
Jon Dickinson
Broker/Principle
(510) 830-8122
jon(at)drbayarea.com
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Investing and Property Management. |
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Now is a great time to invest in residential real estate. With the glut of available residential units on the market in the east bay, prices dropping, interest rates still relatively low, rental rates increasing, and vacancies decreasing investing now is the right move. As a long term investment real estate has a proven track record to provide an excellent return on investment. One to four unit rental properties in Oakland can finally cash flow with less than 50% down.
Many properties can be bought at what the bottom will be in six months through short sales or directly from the lenders.
As small team of motivated real estate professionals, we are diversified in most aspects of real estate, from first time home buying to complex real estate investments and developments. Dickinson Realty is dedicated to providing quality service, managing expectations, and good investments. |
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