Donald Wong, SFR, MBA
Oakland - Grand Lake
3320 Grand Avenue
Oakland, CA 94610
CA BRE Number: 00657900
PhoneNumbers
Main Office:510-834-2010
Direct:510-986-2042
Mobile:510-393-6008
Fax:510-834-3841
Slogan

Knowledge + Taking Action = Wealth Creation

It would be my pleasure to assist you with your property search. My website will provide you with all the tools you need to find the right property for you.
 
For the past two years, we have been in a deflationary phase due in large part to collapsing real estate values.  With property prices beaten down by foreclosures and increasingly, with short sales, combined with low interest rates, we are witnessing a rare opportunity to significantly increase one's wealth by acquiring real estate. 
 
Though one does not know if we are at the bottom in terms of valuation, if we are not already there, we are very close.  When the bottom is reached, we will only know it from hindsight for it takes months, perhaps a year, before it becomes evident, and by then, the window of opportunity will have narrowed significantly.  Once the economy returns to normal and as people become more confident in their future, they will be in the marketplace to purchase properties thereby driving up prices.  Furthermore, interest rates that we are seeing now are artificially depressed due to federal government intervention to stimulate the housing market which has a major impact on the overall health of the economy.  The combination of rising prices and higher interest rates will prevent some people from investing in real estate and therefore, resulting in a missed opportunity.  My advice to clients is if the math works on a purchase, go for it.  Years later, they will be glad that they made the decision and acted on it.
 
I see my role as a facilitator to assist people in acquiring real estate asset and in so doing, with time, increase their net worth and thereby enabling them to have more options in their lives.  I specialize in short sales and bank-owned properties for these are where many of the best deals can be found. 
 
I am certified with the National Association of Realtors in Short Sales (SFR), Five Star Institute in Shorts Sales, National Association of Real Estate Broker as a REO Specialist, and Five Star Institute in REO (REO= Real Estate Owned or Bank-Owned Properties).
 
I wish all of you much good fortune with your real estate investments.  If I can be of assistance, please feel free to contact me for a free consultation.
 
Donald Wong, SFR, MBA
Broker Associate
Prudential California Realty

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