New Listing in Pleasanton

2171 Goldcrest Circle is a gem! 2171 Goldcrest Circle

Single story remodeled home with custom touches inside and out.

2 bedrooms and 1 bathroom with large, private backyard.

Close to Historic Downtown Pleasanton.

Offered at $375,00.

Open House on Sunday, 1/31 from 1pm-4pm or contact us for a private showing.

New Listing in Pleasanton’s Mohr Park

1812 Sinclair Drive in Pleasanton’s Mohr Park neighborhood is ready for you to move in! Nicely updated1812 Sinclair Drive with dual pane windows, new carpet, granite counters, tile flooring, neutral interior paint, and much more. Open floor plan with kitchen/family combination and master suite with retreat.

This one won’t last!

Offered at $649,000.

Open house on Sunday, 1/10 from 1pm-4pm.

Or contract us for a private showing.

New Listing in Pleasanton

4817 Funston GateTerrific family home in a popular neighborhood.

4817 Funston Gate in Pleasanton has 4 bedrooms and 2.5 bathrooms. Situated on a large lot within a cul de sac, this home is within walking distance to the Pleasanton Sports Park.

Open House on Sunday, 11/22 from 1pm-4pm.

Or contact us for a private showing.

Buyer’s Choice Act Changes REO Transactions

 Q. What is the reason the Legislature passed the Buyer’s Choice Act?buyers choice act

A. The Legislative findings and declarations state that the recent troubled real estate market has resulted in a concentration of the majority of homes available for resale within the hand of foreclosing lenders and has dramatically changed the market dynamics affecting ordinary home buyers. The act declares that the potential for unfairness occasioned by the resale of large numbers of foreclosed home requires that protections against abused be made effective immediately.

 

Q. What is the Buyer’s Choice Act?

A. The Buyers’ Choice Act is a new law that prohibits a seller who acquired property as a foreclosure sale from requiring a buyer to purchase title and escrow services from a company chosen by the seller as a condition to receiving offers or selling the property. It was enacted by Assembly Bill 957 (Galgiani).

 

Q. Who is a seller under the Buyer’s Choice Act?
 
 
A. A seller is defined as a mortgagee or beneficiary under a deed of trust who acquired title to the property at a foreclosure sale, including a trustee, agent, officer or other employee of any mortgagee or beneficiary.
 

 Q. When does the Buyer’s Choice Act become law? 

A. On October 12, 2009. The law is an urgency measure and became effective when it was signed by the Governor on October 12, 2009.
 

 

 

Q. Can a buyer agree to accept the recommendations of the seller as to which title or escrow provider to use?

 

A. Yes, provided that a written notice of the right to make an independent selection of those services is first given by the seller to the buyer.

 

Q. Does the new law apply to all real estate transactions? 
 
 A. No. The law only applies to residential property improved by four or fewer dwelling units.

 

Q. What settlement services are covered by the law? 

 

A. The law covers title insurance and escrow services.

 

Q. Are there penalties for violating the Act? 

 

A. Yes. A seller who violates the new law is liable to the buyer for three times all charges made for the title insurance or escrow service. In addition, a seller who violates the law is also considered to have violated their licensing law.

 

Q. If a person violates the law can the sale be set aside?
 

 

A. No. A transaction cannot be invalidated solely because of the failure to comply with the law.

 

Q. Does the Act continue indefinitely? 

A. The Act is only effective until January 1, 2015 unless it is extended by the Legislature.

New Price on Pleasanton Heights Home

628 Del Sol Avenue has been reduced in price to $739,000.628 Del Sol

This home has been remodeled with custom cherry cabinets in the kitchen and Brazilian hardwood flooring throughout the downstairs. 4 bedrooms, 2.5 baths. Private backyard. Walking distance to our historic downtown.

Contact us to see this terrific home.