Dublin Short Sales are on the rise and hiring a Short Sale Realtor and local expert is extremely important. Messing up your Dublin short sale could lead to foreclosure.

If you are a Dublin homeowner it might be interesting to know there are currently 64 short sales in Dublin.

What is a Short Sale? Basically a short sale is selling a home short of what is owed on the mortgage. If you owe $500,000 on your home and similar homes are selling for $400,000, you would be shorting the bank $100,000 if you had to sell. Fore more info contact us at 925.621.4064.

Benefits of Short Sale. Avoiding foreclosure and saving credit score. Most of the negative effect of a credit score comes from missed payments on your loan, that is why hiring an agent who knows the short sale process can actually help save your credit too.

Negatives of Short Sale. Time and a lot of lookers. If you need to sell your home and you are short, you need to price it well enough to attract buyers and keep them around. The process of a short sale can take months and buyers can walk away. There will also be a lot of activity if the pricing is right to keep acitvity high. Again make sure the agent you hire knows the short sale process.

If you are a Dublin resident and need help selling a home and you fit the scenario above, contact us at 925.621.4064, or send us an email. We have successfully sold many short sales in Dublin and Pleasanton.

After I did my duty of voting and then posting the Pleasanton Election Results and Dublin Election Results the following day I ran the home sales numbers as I do every month and was excited to see Pleasanton Home Sales, Danville Home Sales and Dublin Homes sales did very well in October. Below are home sales for the Tri Valley cities.

Tri Valley Home Sales November 2008 - Octobers numbers

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condos Sales

Livermore Home Sales

San Ramon Home Sales

Danville Home Sales

Dublin Election Results are in… Did the city make the right choices?

Mayor of Dublin

Tim Sbranti – 84.49%

Liz King – 9.48%

Shawn Costello – 5.73%

Dublin City Council – 2 Elected

Kasie Hildenbrand – 35.79%

Kevin Hart – 34.49%

John Zukoski – 16.89%

Robert Boboc – 7.40%

Elpi Abulencia – 5.02%

Dublin School Board – 3 Elected

John Ledahl – 23.51%

Dan Cunningham – 23.50%

Greg Tomlinson – 20.34%

Norm Lee – 18.23%

Dan Cherrier – 14.10%

Dublin Measure L

Yes – 72.05%

No – 27.95%

East Bay Measure WW

Yes – 71.70%

No – 28.30%

US Representative 11^th Congressional

Jerry Mcnerney – 64.56%

Dean Andal – 35.25%

www.acgov.org

The Promenade at Dublin Ranch has been one of the most anticipated developments in Dublin Ranch. Club Sport has been in talks with the Promenade at Dublin Ranch developers for some time. Last August a preliminary plan was presented to the planning commission of Dublin.

Plans call for 3 buildings at the South East corner near the Terraces (1 of 6 phases).

Building 1 - A ‘Main Street’ building at the entrance will house the fitness center with a group exercise room, pool, spa, spa treatment rooms, aerobics room, lockers, cafe and offices. They expect to employ 85 people with 35 working at a given time.  

Building 2 - 3 Stories with a restaurant and offices.

Building 3 - 4 tier parking structure to the North

This aspect of the Promenade is not yet approved because of the use permits. This section of the Promenade is part of the overal 230,000 total square feet of the Dublin Ranch Main Street, The Promenade at Dublin Ranch. The Promenade will have dining, entertainment and office space located within the Villages at Dublin Ranch community.

Did you hear the news! Congress OK’s a Rescue Plan. We will not feel the effect of the plan on Pleasanton Home Values, Dublin Home Values, Danville Home Values, San Ramon Home Values and Livermore Home Values for some time. So… here is what we do know, the the stats from the home sales in the Tri Valley are below.

Tri Valley Home Sales Update October ‘08

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condo Sales

Livermore Home Sales

San Ramon Home Sales

 Danville Home Sales

The Dublin Unified School District is placing Measure L on the ballot in November for Dublin residents to vote on a $96 parcel tax (seniors citizens and disabled persons can elect to not to be a part of the tax). Measure L is intended to…

“To support high academic achievement in math, science, reading, writing, and technology; attract and retain highly qualified teachers; maintain small class sizes; and provide ongoing teacher training, shall the Dublin Unified School District levy $96 dollars per parcel annually for five (5) years with an exemption for seniors and disabled persons, an independent citizens’ oversight committee, no money for administrator salaries and all dollars staying in our community to maintain a high quality education.” DUSD.

This is a hot topic - See the Around Dublin Blog post from Sept. 28th. Measure L Parcel Tax.

Many home owners are concerned over how Measure L will affect their home values.

Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.

Thinking about a Foreclosure in Pleasanton or maybe a Short Sale in Dublin? Sure you are, who isn’t. I say that because many buyers are looking at Foreclosures or Short Sales in the Tri Valley as a great deal opportunity. I wrote a post in February about Foreclosures in Pleasanton and Tri Valley where I said ‘bank owned homes in Pleasanton are some serious deals.’ I now update my statement. Today many foreclosures in the Tri Valley are being listed under comparables of recently sold homes and then you have a bidding war on the home, bringing the price up. While I believe there are still ‘deals’ to be made on foreclosures, they are not the only way to go.

Change of strategy… Go for short sales if you want a deal too. Short sales in the Tri Valley will eventually become Foreclosures, so show the bank the benefit of avoiding foreclosure and hope that the listing agent and your agent know how to work a short sale, it’s an art. Also, hire an agent with short sale and foreclosure experience.

Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.

Shopping for a Condo in Dublin Ranch or maybe a new home in Pleasanton? Rather than walk down the street of the home you see on your email updates. Hop online and virtually walk the street. Yes, we now have the ability to pretend walk.

Two fun websites to use:

www.WalkScore.com to see what the ‘walkability’ of a home. 4576 Del Valle Pkwy.

Then hop over to Google Street View - Here is how we use it on our site DublinRanchCondos.com
View Larger Map

These tools are helpful when receiving an email from your agent of a new home. You can see what schools, shopping and entertainments is close by and use the Street View to check out the neighborhood.

So you are thinking about buying an investment property and thinking about a foreclosure in Pleasanton or a short sale in Dublin. Unfortunately every time one comes up that is a deal, you get out bid or can’t get an offer in soon enough because you are too late.

For a list of foreclosures or short sales in the Tri Valley comment below.

Here is a game plan incase you don’t have one:

1. At the least get pre-approved, even if you think it will be no problem to do so. If your offer on that short sale in Dublin Ranch does not have one, the bank won’t look at your offer, sorry.

2. Know what you are looking for. 3 bedroom minimum in Pleasanton, must have garage, close to school, no pool, single level, indoor laundry… Focus on those properties you want only.

3. If it’s a rental, know neighborhood rents and be conservative. Don’t forget HOA dues. Dublin Ranch condos are a great investment with prices below $400,000 and rents above $2,000.

4. Looking at a fixer? Don’t sweat the appliances being gone or destroyed carpets and paint. Those are easy to take care of - Visit the Sears Outlet Store in San Leandro. How is the structure? How is the roof? How are the schools? Latest on Tri Valley School scores.

5. Be realistic in pricing. $400,000 condo in Dublin Ranch rents for $2,300. If you put 20% down your payments are pretty close to even cash flow. Most investors looking for a property like this will not go much higher than $400,000, so it will be hard to get it for $350,000. Think about who else might be looking at that foreclosure in Pleasanton you have an eye on.

6. Sweeten the deal. Short sale in Dublin was just secured for our buyers because the seller wanted to stay in the home and the buyer wanted a renter. We told the seller they could stay in the home. Offer Accepted! What makes your offer different from the other 7 offers written?

7. Not everyone is hurting. Even if the economy is ‘weak’ there are a lot of people with money investing in properties and flipping homes. Right now the competition for buyers is an investor who has done their homework. Have you done your homework? If you have, you will get an A in investing and make some great money from this market.

If you would like us to help you develop a plan, email us here.

For a list of foreclosures or short sales comment below.

Remember to do your homework. Here is a post covering that idea. Is Your Home Convenient.

Do you watch the news, read the papers or other real estate blogs? If you do then you know interest rates took a drop this week. Pleasanton Home Sales, San Ramon Home Sales, Dublin Home Sales, Danville Home Sales and Livermore Home Sales will hopefully see a continued increase in home values as we are starting to see in Pleasanton, San Ramon and Danville from the drop in rates. Visit the Housing Value Stats page.

Tri Valley Home Sales Update September ‘08

Pleasanton Home Sales 

Dublin Home Sales 

Dublin Ranch Condo Sales 

Livermore Home Sales 

San Ramon Home Sales

Danville Home Sales 

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