Superb news, Roz! If I buy this house, I can rent it out to multiple families and thereby help stave off the unnecessary need for low income housing in Pleasanton. Perhaps we can notify the Governor of this recent development? By the way, does the house come with a shed in the back? I imagine at least of couple more renter families might be squeezed in if that's the case. So far more preferable to the warehousing of families in their own homes. Keep up the good work.

but wait...what if I purchase the property and only rent to people of color?

might that pose a problem?

what if one of the bidders lives in abject poverty could they possibly win the auction...hmmmmmm...ponder that...i rest my case

Ah Morris, it is a "new" world in the east bay (-and of course, permeates MUCH of California already and other parts of the US) With multiple family/relatives living "style". I find many immigrants, Asian, Eastern Indian, Arab as well as Russian and others think nothing of this manner of living and it isn\'t always temporary. It\'s we Americans who seem to value our independence, privacy, space. Cousins, Aunts, Uncles, doesn\'t matter to them. It truly is amazing how many they can "pack in". They seem to enjoy this tribal type living no matter WHAT the size of the property. I find for me? It\'s far more a concern of numerous cars parked on our residential streets continually creating more hazardous road conditions (i.e., animals, people crossing, street cleaning efforts thwarted as well as trash pickup, etc.)

I\'m afraid it\'s here to stay (sigh)

One should use great caution when purchasing a home in this manner. The homes are sold as-is with no inspections, and in this case the home is occupied as well. Buying a home sight unseen with no inspections is not desirable to say the least, as there could be major issues with the home structurally or major items in need of repair. If it is on auction.com, it is either a bank owned or short sale property,so there is a distinct possibility of financial hardship with the current occupant, which may not make them the ideal tenant. The fact that there are no pictures on the listing also indicates that the tenants are not cooperative in the whole process and will probably have to be evicted. Evictions can be long and very costly. The huge risks involved outweigh the potential upside and considering that bid is now up to $425K, any potential upside is quickly vanishing.

Yes, sigh, all these tribal immigrants. Disrupting trash collections and street sweepings. I mean, sign, where will it end?

Signed,
Freedom Loving American

Adding to cautions already mentioned is that it is not financeable which indicates that indeed there are problems with the home itself regardless of the buyer's ability to pay or the size of the down-payment.

Re Immigrants: Most first generation immigrants do what the prior immigrants have done. They come here to live free and for a better life. Except for their dreams they have very little so they pool their resources. By the time they are 2nd and 3rd generation they adopt the "American" style although the family connections remain stronger than average.

Hopefully it will all end up with Plutonians being forcibly relocated to a reservation in Montana...i rest my case.

It's gone from the Auction.com website. So the last bid, which would have been $450K, must have met the Reserve. Now whoever bought it has to deposit $22,500 or 5% of the price as the buyer's premium, and come up with the $450K when the deed is ready for transfer. We might hear stories about the eviction soon if the current occupants do not go quietly. Not such a bargain after all!

Roz