THE RIGHT WAY TO RIGHT-SIZE

Last Sunday, I was in Oakland, visiting a property at 3990 Fairway Avenue, located not far from the beautiful Sequoyah Country Club golf course. It is a lovely, quiet neighborhood.

The home I am talking about has two bedrooms, a nice living room, and – most importantly – a wonderful covered outdoor deck, perfect for relaxing or entertaining. It’s a charming property, and there is also space on the lot with potential to build an ADU (Accessory Dwelling Unit).

I was there because the property has been recently listed by Fernando  Acosta and Gerard Guarriello. They asked me to prepare a flyer explaining how this home could potentially be purchased with only 5% down. Yes, it is possible. With a realistic interest rate and an income of around $200,000, a buyer may qualify with 5% down. Of course, you can always put more down if you wish.

This home could be especially attractive for right-sizing—for example, if you currently live in a larger house with many stairs and are looking for a simpler, more comfortable lifestyle.

Please click this link to view the video I took there. If you are considering something like this, give me a call: (415) 225-7920. I’ll be happy to help you understand how to structure the purchase and arrange the financing if needed.

Best wishes,

Manny Kagan,
President,
Pacific Bay Financial Corporation
Your professional mortgage broker since 1983