I have a client that sold an income property and wants to do a 1031 tax-deferred exchange into a property in Santa Rosa, CA. He has $200,000 of gain that he needs to defer and so we have been looking for a rental property in the under $250,000 range. Nearly all of the single family homes and dupl
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02/13/2011
An award-winning Marin County builder is seeking an investor for a project to transform a distressed Tiburon home into an energy efficient, certified green 5BR/4BA luxury home. Anticipated costs include a purchase price of $1.1M + $775K development and construction costs + $75K contingencies = $
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01/31/2011
Comparing prices at the end of 2010 to those of a year ago, it appears that the market in Marin has stabilized, with single family homes up 2% from a year ago, and condos down just 1%. When looking at sub-markets within the county, though, the results are uneven, with single family home prices do
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01/20/2011
Enjoy the elite Belvedere lagoon, just a 5 minute walk to downtown Tiburon. For details, visit 222 San Rafael Ave
01/11/2011
This year, I mailed traditional "Seasons Greetings" cards to about 40 of the clients that I have worked with over the past few years. Last night I sent out an electronic greeting card to over 800 people that I have come in contact with, thanking them for their business and referrals and wishing t
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12/23/2010
The Fed's "Quantitative Easing" policy of buying up bonds is supposed to put more money into the economy and drive down interest rates even further than they already are. So why did my morgage broker call me and tell me that the cost of money is going up and he can no longer offer the terms he qu
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12/04/2010
Some states already require that carbon monoxide detectors be installed in homes. California will require them starting in 2011. The California Association of Realtors has provided this summary: "This law enacts the Carbon Monoxide Poisoning Prevention Act of 2010. The law requires a carbon mono
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11/16/2010
Last month I was the high bidder for a condo in San Rafafel, CA on an online foreclosure auction held by REDC (Real Estate Disposition Corp) but my bid was ultimately rejected by the owner/lender who had retained the right of refusal. So I'm trying again to purchase a property online, this time t
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11/15/2010
A few weeks back, I attended an REDC (Real Estate Disposition Corp) auction of foreclosed homes, hoping to purchase a bargain property in Marin County. Most were quickly bid above my self-imposed limits, but I did get into the bidding on one property, stopping just one bid short of the winning bi
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11/09/2010
A received an email asking some basic questions about how to buy a foreclosure property. After providing the answers, I decided to share them here. Question (Q): Besides REOs that are listed with agents, are all of the foreclosures or pending default properties listed as well or can I access thes
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10/22/2010
