Hello,
Are you still looking? If so, there are now 2 below $1.1M in Lynbrook (6650 Bollinger & 1327 Miller), both are 3 Br, updated & with big lots. Bollinger is $879K and Miller is $958K. I specialize in this area and also often have exclusive opportunities for buyers working with my team. You can visit our Website to find out more or call for a free educational over-the-phone consultation about past, present & expected trends for this area. If you haven't seen Bollinger or Miller, both are open this afternoon.

Sun Jun 29 2008, 12:58

Ksabuyer,

There are only about 6 homes that have Lynbrook high. They range from the high 800k (busy streets) to over 1.7m.. With recent API scores confiirming Lynbrook's prowess, I don't see prices coming down. You should find a good lender first and then work from there. Should you need one I would be happy to refer you a few. Just e-mail me off-line. Good luck. P.S. there are other quality schools in lower priced neighborhoods.

Thu May 29 2008, 16:23

Hi Ksabuyer,
Just an update....all homes in the 95129 W SJ area are NOT in Lynbrook High area, and YES those that are are higher priced than those that are not......some are in Cupertino High, and some even fall in the Moorland school dist....so working with a Realtor who knows the area inside out is helpful. I have sold homes in the Lynbrook area, and with the brief financial info you have shared I am sure I can help you get your pre-approval, and find you a home, help you from start to finish and beyond! Do call, 408-7773823; if what i have to share with you does not make sense,I will simply wish you well and walk away! be well and safe. Nina Daruwalla

Mon May 26 2008, 21:54

Hi Ksabuyer, I don't know where you have been looking, but I just found 11 single family homes in 95129 that are under $850k. Contact me if you want me to email you the list. I also work with a mortgage planner (not my company) that helps my buyers understand their mortgage options at a monthly payment that isn't going to kill their budget. Kind regards.

Thu May 22 2008, 13:05

Hi Ksabuyer,
Please let a professional Mortgage Lender PLAN your mortgage for you, not just lend you a mortgage! I work as a Realtor with Coldwell Banker in Cupertino, and have sold in the 95129 area. I have an exceptional lender(broker) who will sit down with you, go over your numbers and plan a mortgage for you based upon your comfort payment needs. Please call me- Nina Daruwalla, CB, 408-777-3823; and I will put you in touch with him. After you are pre-qualified and have identified your affordability, you can take the next step in finding a good home. Trust me, I can find and put you into a good home. Be well and safe.

Wed May 21 2008, 14:10

Hi Ksabuyer-

As the other individuals mentioned the calculators are not going to answer all of your questions. I am a mortgage professional in the bay area and I can certainly help you. Based on your income, purchase price range, and down payment, I believe that you could certainly qualify for up to a $1.1M home purchase. However, I cannot say that with any guarantee without finding out more information.

There are many factors that affect a buyer's ability to qualify for home financing. You have mentioned, your income and down payment but we also need to evaluate your monthly liabilities, credit score/ credit history, cash reserves post closing, residual income, income history/stability, debt-to-income ratios, and more.

As you look at home financing options, and identifying if you will qualify or not, you will be much better served by utilizing a mortgage professional than trying to find out all of the answers on your own. Many buyers think what they can qualify for versus what a lender will qualify them for are very different numbers. This is one of the many reasons why it is important to work with a mortgage professional that you trust and who is working in your best interest and not the banks best interest. Good luck and let me know if I can hep you with your financing options.

Sun May 18 2008, 17:26

Ksabuyer -

I agree with others to sit down with a lender. If you need recommendations, most of has names of professionals we could recommend. On line calculators can not possibly apply all the products that are available. When sitting with a lender, make sure you are clear on all the fees they charge and shop around for the best loan for your situation.

CJ

Sun May 18 2008, 10:22

Ksabuyer,
You need to contact a good lender who will help you to figure a loan program.
The lastest Jumbo Conforming($729K) + Line of credit (May be $50K) may be a good choice.
Last Wednesday the Jumbo Conforming rate has dropped to 6.125% 30 yr fix and line's interest is very low also. I will be happy to help you to find a Lynbrook high home. I sold Lynbrook high small home since the price was $250K ...of course it was many many years ago.

Fri May 16 2008, 23:27

Hello Ksabuyer,

The mortgage calculators that you find on the Internet are usually just supposed to give you an idea of what you can afford. They don't compare to a real mortgage broker who knows all the loans available at different rates. I would suggest seeing one to know for sure where you stand financially. I know a great mortgage broker that has over 20 years experience. His name is Jim McClenahan and he works at Eagle Home Loans. You can check out his website at the link on the bottom of this message or you can give him a call at 408-289-8050.

Good Luck!

Trisha Motter

Fri May 16 2008, 21:49