Ali Moein

I'm a:	Real Estate Professional
Company:	remax

154 Answers
4 Best Answers
56 First Answers
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About Me

Serving the real estate needs of the greater bay area and silicon valley.
Currently have the following homes for sale:

Chalet Ln (NOW PENDING)
Saratoga CA 95070
19,000 sf lot
2500 sf living space (5 beds, 2.5 baths)
Saratoga Schools
Offered at $1.7Mil

Sea Gull Way
Saratoga CA 95070
10,000 sf lot
2750 sf living space (5 beds, 3 baths)
Cupertino Schools
Offered at $1.4Mil

Montpere way
Saratoga CA 95070
7500 sf lot
2300 sf living space (3 beds, 2 baths)
Campbell schools
Offered at $1.1Mil

Dale View Dr
Belmont CA 94002
5500 sf lot
1400 sf living space (4 beds, 2 baths)
Belmont schools
Offered at $850K PRICE REDUCED TO $799,888

RE/MAX Pioneer
20480 Blauer Drive Suite C
Saratoga CA 95070
(408)439-5748
amoein@remax.net

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Ali Moein's Questions (0)

Ali Moein's Answers (154)

Single family home in Campbell or Townhome in Los Gatos, Ca

Asked Fri Nov 14 2008, 10:45 by Bindu - 95008 - Home Buying - 4 answers

Ali Moein answered:

Hello Bindu,
Ultimately you need to decide which property fits your needs and life style better and go with that one. Here are a few general pointers that maybe helpful:

1. Location. I'd always pick the property with the better location and neighborhood. Factors like traffic noise, condition of surrounding homes and schools are very important in choosing a home.

2. Single family homes historically have appreciated at a slightly higher rate than town homes.

3. Depending on what the HOA offers for $480/mo, may not be a bad deal. Expenses such as insurance, gardening, garbage , ... that HOA may cover are the costs that you'll have to pay in a single family home as well.

4. The additional $100,000 cost for the town home plus a portion of the HOA fee will add up to about $1,000/Mo. How will this additional monthly cost affect your budget and life style?

Hope this bit of information helps.
Ali Moein
(408)439-5748 - Fri Nov 14 2008, 13:16

is this home already sold?

Asked Fri Nov 14 2008, 10:29 by Jennifer - Palo Alto - Home Buying - 3 answers

Ali Moein answered:

Hello Jennifer,
This home is under contract, scheduled to close in two weeks.
Regards,
Ali Moein
(408)439-5748 - Fri Nov 14 2008, 13:05

I am looking to buy an investment home in the bay area.

Asked Thu Nov 13 2008, 14:08 by Betty - San Jose - General Area - 3 answers

Ali Moein answered:

Hello Betty,

I'm sure you're aware of the fact that the higher number of units, the lower price per unit and higher rental income. The question is how much time are you willing to put in to this investment? Or are you planning on hiring property manager to manage your investment? Once you have the answers to these questions you'll be able to narrow down your search.
As for what is a smart investment? A property with better schools is always more attractive. Areas like Campbell, West San Jose, Cupertino, parts of Sunnyvale, Mtn View will be easier to rent to long term tenants. However in these areas with a budget of $1Mil, you can only get one four-plex .
There are many different issues to consider before you purchase an investment property. Consult with a Realtor, your tax consultant to better narrow down what suits your needs and wants.
Regards,
Ali Moein
(408)439-5748 - Fri Nov 14 2008, 08:49

I am representing a seller on a short sale. He is concerned that the amount the lender fogives will be

Asked Sat Nov 8 2008, 10:07 by Sheeba Sharma - San Jose - Foreclosure - 4 answers

Ali Moein answered:

Sheeba,
I believe the answer to your question regarding the tax liability in case of short sale is false. However this is something you'd want to check with the lender. I have a short sale listing and I checked with the lender and the lender will not report the loss to the IRS as income for the borrower. Contact the lender and make sure this is indeed the case for your particular situation.
There is no tax liability in case of foreclosure. However foreclosure will have a derogatory mark in the borrower's credit report and short sale will not.

Hope this helps!
Ali Moein
(408)439-5748 - Sat Nov 8 2008, 10:32

Palo Alto, Cupertino, vs. Sunnyvale - where to invest?

Asked Thu Nov 6 2008, 23:41 by Amy - Sunnyvale - Home Buying - 5 answers

Ali Moein answered:

Hello Amy,
You've received great responds so far. The points I'd like to add are:

1. Add Mountain View to the list of potential cities to consider. Mtn View is in the same vicinity and has similar appreciation rate as other places.

2. In order to reduce your negative monthly cost you may want to consider a duplex. A duplex will command just about the same rental value as a single family home and will increase your monthly rental income.

Its buyers market and a great time to buy.

Ali Moein
(408)439-5748 - Fri Nov 7 2008, 08:10

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