Better Homes & Gardens Real Estate/Go Ernest

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Real Estate Agent - Better Homes and Gardens Real Estate - BRE #01330018
Real Estate Topics, discussing everything relevant to real estate from stolen copper plumbing to the economy.
     I got a phone call from a potential buyer. I went to see her at her house. She said she had lost a house three years ago in a foreclosure. Her current home was underwater, and she was renting out all the rooms to make ends meet. She had gotten a loan modification and was now going through a ...
Casi todas las casas a la venta REO (Real Estate Owned - pertenecientes a bancos) están desbaratadas, sucias y apestosas. Es por eso que los bancos las venden baratas. El problema es que los compradores financiados no pueden comprar casas con hoyos en las paredes, ventanas rotas, baños que faltan...
Almost all for sale REO (Real Estate Owned, Bank Owned) houses are run down. That’s why banks sell them cheap. The problem is that financed buyers can't buy houses with holes in the walls, broken windows, missing bathrooms, filthy carpets, etc. Or buyers don’t have the money for repairs. That’s ...
A couple of people have asked what's better to buy: houses that are foreclosures (REO, Real Estate Owned, Bank Owned) or short sales? Well, first off, what is meant by better? Cheaper, easier, surer? Let's address all three. Foreclosures are generally priced very low, because banks want them sold...
There is mold everywhere. Mold has always been here and always will be. Mold, mildew, yeasts are microscopic fungi. Like dust and pollen, mold float freely through the air, settling where there is moisture and warmth. Mold blackens the grout lines in showers, the sheetrock in walls and ceilings....
There's a lot of bank-owned, Real Estate Owned (REO) property on the market right now. (Short sales follow second.) However, getting an offer accepted is challenging, and then getting the loan is something else. I've got buyers and I'm having a hard time buying!   Many REOs require buyers to get ...
There's a lot of bank-owned, Real Estate Owned (REO) property on the market right now - most of the inventory is REO with short sales following second. The REOs are generating multiple offers; however, getting an offer accepted is challenging with acquiring the loan adding to the challenge. I hav...
Not all probate listings involve deceased parties. Sometimes the owner is physically or mentally sick and unable to care for himself much less the property. This is called conservatorshipr or sometimes probate conservatorship. If the probate sale is indepedent administrator's a regular...
Are real estate prices still falling? This is a common question among buyers. It appears that prices are falling because sellers are still overpricing their properties. When the property has to be reduced/lowered to the real market price, buyers interpret that as 'falling prices.' Sellers still w...
Oakland Marketing Meeting at Oakland Association of Realtors, at 1528 Webster St., every Monday morning, 8:30-9:30 am. There is free parking on the side. (Please don't park in reserved spots.)For real estate professionals who want to promote their listings and comment on the market. Also a good p...

Ernest Villafranca

3923 Grand Ave. Oakland CA, 510-418-9443
local_phone(510) 834-2010
smartphone(510) 418-9443
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Real Estate Agent covering Berkeley-Oakland-San Leandro, East Bay in Alameda county. Experienced in short sales, flips, investment properties, probate sales, and the Hispanic market.