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Date Created: 12/18/15
Berkeley CA Homes For Sale - Resources For Buying Homes "Knowledge is power". What you don't know will be used against you. Time spent on arming yourself with information will reap you dividends. Knowledge combined with the all the tools and information needed to make a decision. This guide is published to help you in your search for Berkeley Ca Homes for sale. In this market buying makes perfect sense. A buyer will get amazing deals because of all the foreclosures and short sales inventory available. But with ownership comes additional responsibility: The responsibility of monthly mortgage payments, home owner insurance, home owner taxes and maintenance of the property. A buyer should make a list of all pros and cons. If you are renter you are only responsible for your monthly rent. There are no additional costs of maintenance, property taxes and insurance. A stable income and down payment are very favorable indicators for ownership. Low interest rates, first time home buyer incentives for primary residence and tax break on your income are some of the advantages of buying now. You as a Home Buyer need access to all the resources needed to help make a decision. Some of the important aspects to be kept in mind are: 1.Demographics, economic indicators, schooling, neighborhood for Berkeley Ca Homes For Sale, Berkeley Ca Foreclosures A Home Buyer needs Information on the city and all major California cities. The median household income in Berkeley was $59,335 compared to $70, 079 in Alameda county, $61,154 in California and $52,175 in the US. Median Age in Berkeley was 34.1 yrs compared to 37 yrs in Alameda, 34.7 yrs in California and 36.7 yrs in US. Home Buyers should look for companies that provide data on all major cities and instant access to the latest demographics, economic indicators, schooling, and neighborhood information all in one place. 2.Latest sale data for Berkeley Ca Homes For Sale, Berkeley Ca Foreclosures compared to the local market: Home Buyers need updated Sales Research reports on your desired city and nearby market areas.You as a Home Buyer need access to latest MLS Listings,foreclosures,and research data for all major cities falling in East Bay, North Bay, South Bay, Peninsula, Santa Cruz, Sacramento, Stockton, Modesto, Merced, Monterey, Los Angeles Metro, Orange, Inland Empire and San Diego Metro.You need to compare monthly reports on Berkeley Ca Homes for Sale and Berkeley Ca Foreclosures comparing sales data, median days on market,sales price to list price ratio, months market inventory, bank reo sold for all major cities falling in the markets you are interested in. You should review latest reports on the market you intend to buy in. Brief details about the just completed annual report for Berkeley. Current Median Sales price is at $681,632 reflecting a decrease of 10.50% over last year. Median days on market changed from 31 to 33. The number of units sold in 2009 was 473 reflecting a decline of -7.07% over 2008 numbers. There was a sharp increase of 100.38% in the sales of Bank REOs sales over 2008. Home Buyers should get detailed breakdown of the city compared to nearby cities. 3. Access to up to date listing and foreclosures for Berkeley Ca Homes For Sale, Berkeley Ca Foreclosures: Sometimes even before competition comes to know about it.Home Buyers need Access to the complete market inventory and instant MLS access for all the markets listed above. Access to MLS listings and foreclosure / pre foreclosure listings not yet in the market. Look for a provider that allows Set up of daily email notifications, saving properties to your property organizer, map search and more. 4. Various financing options and a preapproval letter for your loan qualification: Compare various lending guides for FHA, VA, USDA, 1/2% Down Loans, First Time Home Buyer Benefits, Bad Credit Loans. You need access to online Instant Prequalification Tools. Use a lender that matches your profile against various loan programs offered and instantly communicates the Prequal amount and the Purchase price you are eligible for. Use providers that give you instant online access to all the above. Use providers that have latest listings, foreclosures, sales data, detailed financing information and much more for EVERY MAJOR city in California. North Hollywood real estate
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