We have a new listing at 5591 Newfields Lane in Dublin that is open this Saturday from 1 to 4. This home offers a very livable floor plan with 5 bedrooms, a loft and a bonus room! This home is in great condition and has numerous upgrades including slab granite kitchen counters, gleaming marble flooring with custom inlays, an upgraded master bathroom and much more. This is a great move up market as interest rates are at all time lows! Please be sure to stop by this Saturday!

What a great time to buy a home! Interest rates are incredibly low again, we just had a client lock in a 30 year fixed rate at 4.625%. What a perfect move up market. Be sure to check out www.2450.LunadaLane.com. This home is open both Saturday and Sunday from 1 to 4. This home offers so much value!

Thank you for everyone’s support in helping us become the #1 Producers for J. Rockcliff Realtors in 2009. Being named #1 out of more than 600 agents takes a lot of commitment to customer service. We could have never obtained this coveted award if it were not for the incredible team work and support that we have at the Frazzano Team. Please click on the heading to view the video of the #1 award being presented today.

Alameda County will conduct an online auction to sell tax delinquent parcels of property.  The auction will take place at www.bid4assets.com through March 29. If a potential bidder does does not have Internet access, an Offline Bid Form is available from the Tax Collector's Office, which is located at 1221 Oak Street, 1st floor, in Oakland.  The properties for sale are located primarily in Oakland.  To be eligible to participate in the auction, a bidder must pre-qualify with a $5,000 deposit.  More information regarding the online auction can be obtained from the Treasurer Tax Collector's Web site by clicking here.

Most of our listings are now selling with multiple offers including our most recent listing in Gale Ranch at 2044 Feathermint. This home was put on the market last Thursday and held open both Saturday and Sunday. The weekend traffic was very good, there were at least 20-30 groups through each day. We received several offers on this home and it looks like it will be pending within 24 hours. The comments were very favorable in regards to this home and most visitors loved the floor plan, numerous upgrades, yard and views! There are just not enough homes on the market now that even compare to this one. It is so tough for buyers when they are writing offers on homes with multiple offers. Here are some things we look for when determining the best offer: Price, terms, contingency periods, lender approval letters or cash offers with documented funds. Some buyers think that offering cash means getting a discounted price. It all depends on the situation as there are never 2 situations the same. Good terms can include fast closes, free rent backs, quick contingency removals, no appraisal contingency, 3% deposits, and strong approval letters. One thing that makes a really strong approval letter is getting DU (Direct Underwriting) approval. This shows the seller that you are fully into the process with a lender. It is not fair to a seller for a buyer to still be shopping for a lender in the middle of an escrow. These are just some of the things that we look for in an offer. I mention price because price is still #1 for most sellers. My last tip is this, if you know there are multiple offers, why bother writing an offer $100k less on a home that is priced really well to begin with. Remember most homes that receive multiple offers are priced well or they would not any offers at all. It is not a good idea to low ball a new listing as most sellers are not willing to drop their price if they have been on the market less than 21-30 days.

If you are beginning to feel cramped in your existing home because your family is growing, your kids need more yard or you need more storage, the logical answer is to get a bigger home, right? The market for a move up buyer is favorable as the math works in your favor because in most cases the larger homes have dropped more in value than the smaller homes. Demand is high for the smaller homes and with mortgage rates still at near historic lows (not likely to remain as low) now may be the time to make such a move. Afraid of having to move twice? Or can not buy first without selling your current home? We are able to move you into your replacement home from your existing home all in one move. We can even negotiate a rent back after the closing date so you can have more time to move into your new home. There are so many options and that is why it is important to work with an experienced team of professionals to do the work for you.

New San Ramon, CA listing in Windemere – Brought to you by the Frazzano Team, Joe Frazzano & Alex Tse 925-735-SOLD (7653)

We had an open house today that resulted in over 25 to 30 groups of a minimum of 4 people (so about 100 people) that came to see our new listing in Windemere. It was interesting to see how much interest was shown and how many people were visiting from Cupertino or Fremont. I asked one family from Cupertino how much the home on Salisbury would sell for in Cupertino and they told me it would sell for $2,000,000! That is over 100% of the asking price of Salisbury. It was easy to understand why so many people are leaving Cupertino (many are renting and want to buy). Many of the visitors have been making offers on other homes in Windemere but have missed out. The market has shifted in Windemere since last summer. Just 6 months ago, a home selling for $725,000 would now be selling for $800,000. That is an increase of approx. 12% in just 6 months!

We are reviewing offers on Tuesday for Salisbury and we expect to get many offers. We have many more new listings coming on the market so stay tuned…

This is Alex Tse with the Joe Frazzano Team at J. Rockcliff introducing our new listing in San Ramon, CA.

Gorgeous Sunsets!

Please check out www.VRBO.com item number 219723. This gorgeous Wailea vacation condo has been remodeled. It offers a beautiful view of the Pacific Ocean and amazing sunsets. Currently there are several airlines that fly direct to Maui (OGG) from Oakland (OAK). Maui is such a relaxing destination and also offers many outdoor activities such as horse back riding, surfing, hiking, whale watching and of course some really great deep sea fishing!  Maui has never been more affordable!