94086 : Advice

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Kendrick Kwan, Real Estate Pro in Los Altos, CA
Kendrick Kwan answered:
What is the average utility bill for a 1600 sq ft home that's 50 years old in Sunnyvale?
Hi Dojey,

This is a pretty difficult question because there can be so many variables that can affect your utility bill like the efficiency of all appliances, how well the home is ins ... more
0 votes Share Flag Tue Jan 24, 2012 In My Neighborhood in Sunnyvale
Michael Robe…, Real Estate Pro in 95124
Michael Roberts (408) 505-5614 answered:
I have bofA FHA loan. Payed Mip for 6 yrs. Can I pay down mortgage to 20%equity then streamline refi with no appraisal?
Hi JetJohn, Your strategy to refi is a great one. However, to refinance a home the lender will need to appraise it for value. If the appraised value does not exceed 88% your go ... more
0 votes Share Flag Thu Jan 26, 2012 Financing in 94086
Marcy Moyer, Real Estate Pro in Palo Alto, CA
Marcy Moyer answered:
How is the market for Condos & Townhomes in the south bay area, ca? which areas can give me a good ROI in 5-6 yrs or invest in for a future
Sam, In general condo and town home prices are pretty low through out the Silicon Valley as compared to 2007-2008. They have not come back as much as single family homes have, and some ... more
0 votes Share Flag Thu Jan 19, 2012 Home Buying in Sunnyvale
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Which location preownd evlyn glen by KB Homes in sunnyvale and boulevard by shea homes santa clara is better ? I am planning to put a offer on both.
You might try Google to see what experiences other have had.
0 votes Share Flag Wed Dec 28, 2011 Home Buying in 94086
Greg & Sheila…, Real Estate Pro in Sunnyvale, CA
Greg & Sheila Benson-Sunnyvale answered:
Looking to buy a house near a mobile home. Any disadvantages living next to mobile homes and how much does if affect my resale value?
Location, location, location. I think inherently there is nothing wrong with mobile home communities, however they are not considered to be on the same scale as a single family home co ... more
0 votes Share Flag Wed Dec 21, 2011 Home Buying in 94089
Marge Bennett, Real Estate Pro in Fort Myers, FL
Marge Bennett answered:
What are the things I need to look for a Lender other than APRs and closing costs ? In which ways can a Lender take advantage of me ?
get a referral from your agent. find one who is responsive and keeps their word, Maybe more importantlly, works for a company who is ethical and actually funds the loans they say they w ... more
0 votes Share Flag Mon Nov 7, 2011 Home Buying in Sunnyvale
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I am interested in purchasing a 2-3 bedroom townhouse in the Sunnyvale area as an investment. Can I get a positive cash flow with a 20%?
Dawn,

I'm confused......

Are you asking this question relative to your personal needs or are you inquiring because to attract potential buyers?

Bill
0 votes Share Flag Wed Dec 28, 2011 Home Buying in 94086
Pat Chadwell, Real Estate Pro in San Jose, CA
Pat Chadwell answered:
for appraisal, when comparing a three bedroom to a two bedroom, how do you allocate value for the third bedroom.
What I have been seeing has been 10K plus the square footage.

Pat Chadwell, broker
Realty World-Residential Specialists
408-927-6565 x 11
0 votes Share Flag Wed Dec 28, 2011 Home Buying in Sunnyvale
Robert Lei, Real Estate Pro in San Jose, CA
Robert Lei answered:
At what rate does it not make sense to NOT get a FHA loan if you are trying to buy a house which down payment exceeds US$ 417K ?
Hi Mel,
If your main reason for concluding FHA is better than conforming is you get to keep and invest a greater amount, then why not go even further down to a 3.5% down payment instea ... more
0 votes Share Flag Thu Oct 27, 2011 Home Buying in Sunnyvale
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
my lender said that if I purchase a home while deployed it is considered INCOME PROPERTY since I wont occupy it until I return in 3 months.
When you are using any type of financing, and will be buying the home as owner occupied, then you will need to occupy the home within a certain amount of time. FHA & conforming (Fa ... more
0 votes Share Flag Sat Oct 15, 2011 Home Buying in 94086
David Rivas, Real Estate Pro in Sunnyvale, CA
David Rivas answered:
My house is 200k underwater.I'm in process of loan mod. No communication, Chase scheduled to auction the property for the price 200k below
You do have options. You can let them Foreclose, you can ask for a deed in lieu of foreclosure or you can do a short sale. Call a CDPE in your area. I am a CDPE here in Sunnyvale. W ... more
0 votes Share Flag Sat Oct 15, 2011 Foreclosure in Birdland Neighbors
Robert Lei, Real Estate Pro in San Jose, CA
Robert Lei answered:
My house is 200k underwater.I;m in process of loan mod. Chase decided to auction the property. Price is 360k sunnyvale,ca. What do I do?
A couple of your options are:
Try to do a short sale to stop the foreclosure..
Just let them foreclose

Birdland is a relatively nice part of Sunnyvale. Where did you get the pri ... more
0 votes Share Flag Wed Oct 12, 2011 Foreclosure in Birdland Neighbors
Greg & Sheila…, Real Estate Pro in Sunnyvale, CA
Greg & Sheila Benson-Sunnyvale answered:
Hi, I am in the process of buying in arcadia terrace sunnyvale. Can someone please some insight about the area and community? is it goo to buy?
Well there's nothing wrong with Arcadia Terrace, but 350K might buy you a small house in some areas of Sunnyvale. Are you set on a condo? Arcadia is set up to have someone above ... more
0 votes Share Flag Tue Sep 13, 2011 Home Buying in 94085
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
are closing costs lower for buying new constructions versus buying existing homes ?
I don't know, what are you missing?
Attorney's are not normally needed in California.
If you went to your Title Company, they can do a HUD1 for you and you will see the numb ... more
0 votes Share Flag Sun Sep 11, 2011 Home Buying in Sunnyvale
Andrea Wince…, Real Estate Pro in San Jose, CA
Andrea Wince ~ Lic. 01439761 answered:
First time homebuyer looking for a $400k place in South Bay to fix up... any ideas?
Hello Dojey, Congratulations on your decision to become a homeowner, do you have any specific areas in mind? The most desirable neighborhoods with good schools and parks may not have a ... more
0 votes Share Flag Fri Sep 2, 2011 Home Buying in Sunnyvale
Brian Goldbe…, Real Estate Pro in Malibu, CA
Brian Goldberg answered:
Advantage of buying first floor condo vs 3rd floor with vaulted ceiling?
Exercise! Running up and down 3 flights of stairs every time you come and go will definitely keep you in shape, especially when you are carrying up the groceries and carrying out the tr ... more
0 votes Share Flag Wed Sep 25, 2013 Home Buying in Sunnyvale
Dave Blockhus, Real Estate Pro in Los Altos, CA
Dave Blockhus answered:
I am planning to rent apt arnd E Duane Avenue in SVL very close to San Miguel Elem school. Wondering how safe neighborhood is. Appreciate any advice.
Tapas,

Check out http://www.crimereports.com for all the info on crime stats in any area.

Dave Blockhus
650 917-4250
DRE: 01169028
Coldwell Banker - Los Altos
0 votes Share Flag Sun Dec 23, 2012 Crime & Safety in Sunnyvale
Allan Dajano, Real Estate Pro in Milpitas, CA
Allan Dajano answered:
I am wondering what is the resale value of a house on S.Wolfe Road in Sunnyvale in Louis.V. Stockelmier, Cupertino Middle, Fremont High SD?
Hi Vman,
Great question. Once that is asked over and over, can I resale. If there was a crystal ball answer for that we would all be rich.

In this market what we need to look at i ... more
0 votes Share Flag Sun Aug 14, 2011 Home Buying in Sunnyvale
David Rivas, Real Estate Pro in Sunnyvale, CA
David Rivas answered:
Sunnyvale West or Mountain View? Which location is better? Will it depend on renter demographic?
Rental income in both areas are high. Downtown is hip but your going to pay more in a great location probably with a newer condo near downtown Mountain View. Sunnyvale west does not h ... more
0 votes Share Flag Fri Dec 14, 2012 Home Buying in Sunnyvale West
Carol Perdew, Real Estate Pro in Central Valley, CA
Carol Perdew answered:
what does FHA approved complex means? Where can I find the guideliness?
The FHA financing is structured to help the home buyer. FHA has requirements for the condition of the home which is assessed at the time of the appraisal. This statement indicating th ... more
0 votes Share Flag Sat Feb 9, 2013 Financing in Sunnyvale
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