Better Homes and Gardens Real Estate | Mason McDuffie
3320 Grand Ave. Oakland CA 94610 (510) 834-2010, (510) 418-9443, Ernest@GoErnest.com.
Real estate service in regular sales (equity), foreclosure (REO, Real Estate Owned), short sales, probates, trusts, conservatorships, single family residences, luxury homes, condos, and multi-units. Also, skilled with 203K loans, divorces, flips, BPO (Broker Price Opinion), and trustee sales. Service in small commercial real estate.
Service in Spanish. (Hablo Español.)
>>Check out my Google + Local reviews.<< | >>Check out my Yelp reviews.<<
This Week's Real Estate Story
- I Don't Just Want A Deal, I Want A Steal
I'm working with a few investors. They are good guys, but they are frustrated by what they see in the market: Low inventory and most of it is trash. There is nothing at the trustee sales. Tax sales don't offer much. Basically, everything is too expensive and they don't want to lose their shirts.
I've explained to them that the purchase price has gone up but so has the sales price. There has been a shift upward. But my explanation doesn't make them happy. Everything is so overpriced and some investors have thrown caution to the wind and overpaid for properties. Some investors are settling for lower returns.
The other day I met an investor who told me, "Ernest, I don't just want a deal, I want a steal." To which I replied, "OK, do you have any guns? Give me one. Let's go."
Realtor Oakland CA - Real Estate Agent Oakland CA - Realtor Oakland CA
(Problems with the map? Phone me at 510-418-9443.