Saundra Allman Legacy Real Estate & Associates Agent

Saundra Allman

REALTOR® CalBRE #01188528

City of Oakland

I love selling City of Oakland. The vision for growth and expansion for City of Oakland is very exciting. a couple of well know companies are coming to Oakland to call Oakland their home, like Uber for one. There corporate quarters will add more new jobs, and bring more money in to City of Oakland,
A company known as Blackstone is Oakland's largest landlord state's an article that was posted last year, 2015. 
Investors right now really like to buy real estate in the City of Oakland. Housing prices are still more affordable than other East Bay Cities. The median price of homes in Oakland is much more than City of Hayward which took me by surprise. Housing values are rising. That is a good thing. Investors are buying, rehabing and selling the properties with improvements and that brings up the housing values in the neighborhoods. Investors, I love love working with Investors. I can assist in your 1031 Exchange Sales with Tax Deferral Strategies. Talk with your Certified Public Accountant and hire me to facilitate your listing of the the investment and exchange sale with a Neutral party that specializes in 1031 Exchange Sales. This will defer your Captital gains on your profits from the sale of the property you sell to make the exchange for the same or greater price point and value. It may be same property type or different that you exchange for. Ask me for more information. I will introduce you to my 1031 Exchange Professional Affiliate Company Representative. 
If you buy for investment for rental income City of Oakland has Rent Control and Rent Control Restrictions, and Requirements. You need to apply for Rental Application and also for rental income to be a land lord. The city will tax you a amount given according to your rental income receipts annually.
There is also a sewer compliance that buyers are responsible for when buying properties in Oakland. Of course all things are negotiable, however, it is well known buyers are responsible for the compliance. In my last transaction in the City of Oakland, my buyer purchased two home one lot. In this situation and escrow, my buyer had responsiblity to pay for the compliance repairs that were a total of $8,200. Seller completed the Inspection. It is a process for the sewer compliance and before the City will issue a certificate their inspectors have to reinspect the compliance repairs and approve them. Each purchase is different and may be negotiated based on the seller and buyer needs. The sewer compliance is required. The fees will depend on the inspection and the repairs estimated by the inspection. Each sewer compliance is unique according to the need of the property at time of transfer to new owner.
I love the art and culture of City of Oakland, I have many fond memories enjoyed on Jack London Square for Farmer's Market, Fourth of July, the Christmas Tree Lighting. I enjoy taking the Ferry from Oakland Jack London Square to Sausalito and San Francisco.
Many neighborhood exhibit beautiful architecture and design.
City of Oakland is known highly for it's walk able qualities and earned a most walk able city award.
Lake Merritt offers plenty of quality walking and running, boating, and children's Fairyland that even I remember my parents took us there when we were small.  
Since Housing Prices are increasing in San Francisco too, many people from the City of San Francisco working in the City of San Francisco are choosing to live on the East Bay side for more affordability and desire to live in City of Oakland and Alameda for their close Proximity and easy commute by Bart, Ferry and Driving, or Amtrak for further distances. 
City of Oakland is known for the Oakland Zoo, I also enjoyed taking my children when they were small. It 's just the right size to do in a day without too much exhaustion and it is really beautiful. 
City of Oakland is home to the Oracle Arena, Oakland A's.