The Promenade at Dublin Ranch has been one of the most anticipated developments in Dublin Ranch. Club Sport has been in talks with the Promenade at Dublin Ranch developers for some time. Last August a preliminary plan was presented to the planning commission of Dublin.
Plans call for 3 buildings at the South East corner near the Terraces (1 of 6 phases).
Building 1 – A ‘Main Street’ building at the entrance will house the fitness center with a group exercise room, pool, spa, spa treatment rooms, aerobics room, lockers, cafe and offices. They expect to employ 85 people with 35 working at a given time.
Building 2 – 3 Stories with a restaurant and offices.
Building 3 – 4 tier parking structure to the North
This aspect of the Promenade is not yet approved because of the use permits. This section of the Promenade is part of the overal 230,000 total square feet of the Dublin Ranch Main Street, The Promenade at Dublin Ranch. The Promenade will have dining, entertainment and office space located within the Villages at Dublin Ranch community.
What will 2025 look like for residents of Pleasanton? For one, probably no more new housing built as we approach the voter approver 29,000 Pleasanton Housing Cap. Side note, if you want to develop some land into housing, you might want to do it sooner than later since there are only a few thousand units left before the Pleasanton housing cap it met.
The City Council and Planning Commission have revised the general plan after 5 years of meetings and planning.
To view the updated plan visit www.pleasantongeneralplan.org or pick up a hard copy at the Planning department at 200 Bernal Ave.
This is your opportunity to review the Pleasanton General Plan and make your voice heard to the Council at the upcoming meetings. With issues like the Oak Grove in Pleasanton it is important to make sure the city leaders are heading down the right path.
Biggest thing I see is a home buyer who thinks they know what they are doing, even if you have bought a dozen homes, you are probably not in the ‘market’ every day. It would be similar to getting on a medical site or a ‘how to carpenter’ site, the problem here is I am not trained as a doctor or a carpenter. I may have built a deck or repaired a sink, but sometimes projects get a bit too complicated. Look to an expert for help.
Number one – Look to an Expert
An experienced agent handles many transactions in many different ways, there is little an experienced agent hasn’t heard or experienced. If you have something on your mind or something you want to hide, ask it and tell it. Your agent will probably have a better plan or better way to help because they have seen it before. No two transactions are the same, but an experienced agent has the knowledge of previous transactions to help you in yours.
Two – Changing Your Credit
Lenders lend money based on credit scores, income and the ratio it provides. Ratios are key. For sake of easy math let’s use a word problem to explain, if you make $100,000 a year and have expenses of 35,000 you have a debt to income ratio of 35%. If you add on a debt (car purchase) before obtaining a loan you could exceed the maxim amount of debt to income a lender will allow. The moral of the story is, don’t make large purchases on credit prior to obtaining a loan.
Three – Buying a House You Shouldn’t Have
When you hire an expert agent you will most likely go over your wants and needs in a home. By doing so you will narrow down your search and ultimately purchase of a home that matches your needs and desires. Do you need 2 bathrooms or 5? If you have 1 child probably 2 will be fine. If you have a family of 8, you might need a few extra bathrooms. Make sure the home you purchase matches your finances first, your needs second and your emotions last.
Did you hear the news! Congress OK’s a Rescue Plan. We will not feel the effect of the plan on Pleasanton Home Values, Dublin Home Values, Danville Home Values, San Ramon Home Values and Livermore Home Values for some time. So… here is what we do know, the the stats from the home sales in the Tri Valley are below.
The Dublin Unified School District is placing Measure L on the ballot in November for Dublin residents to vote on a $96 parcel tax (seniors citizens and disabled persons can elect to not to be a part of the tax). Measure L is intended to…
“To support high academic achievement in math, science, reading, writing, and technology; attract and retain highly qualified teachers; maintain small class sizes; and provide ongoing teacher training, shall the Dublin Unified School District levy $96 dollars per parcel annually for five (5) years with an exemption for seniors and disabled persons, an independent citizens’ oversight committee, no money for administrator salaries and all dollars staying in our community to maintain a high quality education.” DUSD.
This is a hot topic – See the Around Dublin Blog post from Sept. 28th. Measure L Parcel Tax.
Many home owners are concerned over how Measure L will affect their home values.
A short sale in basic terms is selling a home for less than what is owed on the home.
Other than the seller being ‘upside down’ and as a buyer needing to deal with the bank, most aspects of a short sale are similar to buying a home in which the seller has equity.
What is different in a short sale?
The biggest difference is the obvious, getting the lender to accept less than what is owed to them.
One point to remember is that just because a home is listed for sale as a short sale doesn’t mean the bank will accept less, they may decide to go to foreclosure even if the seller accepts your offer.
If you write an offer on a short sale, prepare to wait and wait and wait for an answer from the bank. Many times the home you made an offer on and received acceptance from the seller is still on the market as available. The seller may hope to receive another higher offer, and some banks can request all offers to be submitted to them and you could be bumped out of acceptance if a higher comes in, despite the initial acceptance from the seller.
Make sure the agent you hire has checked the important foreclosure proceeding dates. Nothing could be worse than waiting to receive acceptance from the bank only to see someone come in and buy that home at auction out from under you.
If you are thinking of buying a short sale, talk to a Realtor who has experience with short sales and a Realtor who is local and knows the neighborhood.
Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.
Thinking about a Foreclosure in Pleasanton or maybe a Short Sale in Dublin? Sure you are, who isn’t. I say that because many buyers are looking at Foreclosures or Short Sales in the Tri Valley as a great deal opportunity. I wrote a post in February about Foreclosures in Pleasanton and Tri Valley where I said ‘bank owned homes in Pleasanton are some serious deals.’ I now update my statement. Today many foreclosures in the Tri Valley are being listed under comparables of recently sold homes and then you have a bidding war on the home, bringing the price up. While I believe there are still ‘deals’ to be made on foreclosures, they are not the only way to go.
Change of strategy… Go for short sales if you want a deal too. Short sales in the Tri Valley will eventually become Foreclosures, so show the bank the benefit of avoiding foreclosure and hope that the listing agent and your agent know how to work a short sale, it’s an art. Also, hire an agent with short sale and foreclosure experience.
Comment below and we will email you a list of Foreclosures in Pleasanton, Dublin, Livermore, San Ramon and Danville.
Shopping for a Condo in Dublin Ranch or maybe a new home in Pleasanton? Rather than walk down the street of the home you see on your email updates. Hop online and virtually walk the street. Yes, we now have the ability to pretend walk.
Then hop over to Google Street View – Here is how we use it on our site DublinRanchCondos.com View Larger Map
These tools are helpful when receiving an email from your agent of a new home. You can see what schools, shopping and entertainments is close by and use the Street View to check out the neighborhood.
So you are thinking about buying an investment property and thinking about a foreclosure in Pleasanton or a short sale in Dublin. Unfortunately every time one comes up that is a deal, you get out bid or can’t get an offer in soon enough because you are too late.
For a list of foreclosures or short sales in the Tri Valley comment below.
Here is a game plan incase you don’t have one:
1. At the least get pre-approved, even if you think it will be no problem to do so. If your offer on that short sale in Dublin Ranch does not have one, the bank won’t look at your offer, sorry.
2. Know what you are looking for. 3 bedroom minimum in Pleasanton, must have garage, close to school, no pool, single level, indoor laundry… Focus on those properties you want only.
3. If it’s a rental, know neighborhood rents and be conservative. Don’t forget HOA dues. Dublin Ranch condos are a great investment with prices below $400,000 and rents above $2,000.
4. Looking at a fixer? Don’t sweat the appliances being gone or destroyed carpets and paint. Those are easy to take care of – Visit the Sears Outlet Store in San Leandro. How is the structure? How is the roof? How are the schools? Latest on Tri Valley School scores.
5. Be realistic in pricing. $400,000 condo in Dublin Ranch rents for $2,300. If you put 20% down your payments are pretty close to even cash flow. Most investors looking for a property like this will not go much higher than $400,000, so it will be hard to get it for $350,000. Think about who else might be looking at that foreclosure in Pleasanton you have an eye on.
6. Sweeten the deal. Short sale in Dublin was just secured for our buyers because the seller wanted to stay in the home and the buyer wanted a renter. We told the seller they could stay in the home. Offer Accepted! What makes your offer different from the other 7 offers written?
7. Not everyone is hurting. Even if the economy is ‘weak’ there are a lot of people with money investing in properties and flipping homes. Right now the competition for buyers is an investor who has done their homework. Have you done your homework? If you have, you will get an A in investing and make some great money from this market.
If you would like us to help you develop a plan, email us here.
For a list of foreclosures or short sales comment below.
Do you watch the news, read the papers or other real estate blogs? If you do then you know interest rates took a drop this week. Pleasanton Home Sales, San Ramon Home Sales, Dublin Home Sales, Danville Home Sales and Livermore Home Sales will hopefully see a continued increase in home values as we are starting to see in Pleasanton, San Ramon and Danville from the drop in rates. Visit the Housing Value Stats page.
As a second-time customer in using Tyler's services in two separate transactions, we are still impressed with his professionalism and ability to work with people.
Sharon & Lun
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Moxley Team serves Pleasanton Home Buyers and Pleasanton Home Sellers. From Dublin Ranch Condos to Dublin Ranch Luxury Homes the Moxley Team of Alain Pinel in Pleasanton provides Home Buying Tools and Home Selling Tips. MoxleyTeam.com provides info from Pleasanton Home Sales to Dublin Ranch Developments, Dublin Ranch News and Foreclosures in Pleasanton and Short Sales in Dublin Ranch.
