Hi,
I can help you with foreclosures/bank owned/REO, short sales, builder sales, standard sales, and more
good luck!
$$$BUYER CASH REBATE 50%-60% / SELLER DISCOUNT 50%$$$
Flavio Tejada, MBA-Finance, Realtor, Broker/Owner
(415) 305-2958
Web Reference: http://americarealtyonline.com/... more
City $3.30 per $1000, paid 50/50
County $1.10 per $1,000 paid by seller
Two sites for information:
http://www.dirtlawyer.com/ttax.html
https://www.ortconline.com/web1/ProductsServices/InformationServices/WhoPays.aspx?sid=
Besides expected expenses there are often questions about things such as fences not being on the property line. See http://julianalee.com/reinfo/property-ownership.htm
Juliana Lee
650-857-1000
Top 2 agent nationwide at Keller Williams Realty
Over 30 years experience
Over 1,000 homes sold in Santa Clara and San Mateo Counties
.,... more
Top agents don't change what they try to accomplish just because the market favors buyers or sellers. They always strive to achieve great results for their client. There is always a learning phase where the agent learns your needs, abilities, and preferences. Similarly you need to be brought up to speed understanding the market for what you want, and to develop sufficient trust in your agent's advice. You will not have the expertise a top agent has for evaluating a property.
"Be willing to see the place ..." hmmm, yes there are neighborhoods and houses (some houses which I've sold more than once in my 30 years) that I could evaluate because I've recently seen them but making an good offer isn't just running recent a recent sold history and sending an offer to the listing agent.
There is more to buying a house than just finding one and making an offer on it. Everyone can play baseball but professionals win the competition.
It is easy to see trends:
http://julianalee.com/portola-valley/portola-valley-statistics.htm
http://julianalee.com/saratoga/saratoga-statistics.htm
The key to understanding is making and listening to hundreds of purchase offers each year, talking with buyers at open houses, working with people who really want to buy the best house they can get, ....
Give me a call or send me an email. Let's talk.
Juliana Lee, MBA LLB
cell: 650-857-1000, email: homes@JulianaLee.com
Top 2 agent nationwide at Keller Williams Realty
Over 30 years experience
Over 1,000 homes sold in Santa Clara and San Mateo Counties
.... more
I would also say around $2,000. A client's daughter recently looked in that area. Google has hired quite a few new employees and although rentals are available, they are being taken. There may be a bubble of additional pressure from young recent hires.
I don't know if you have or are in a position to consider buying. With the low interest rates buying can be a very good choice. Not only is your payment less, but more total dollars go towards equity at the beginning of the loan. Look at the equity vs time vs interest rate at
http://julianalee.com/reinfo/mortgage.htm
Juliana Lee
650-857-1000
Top 2 agent nationwide at Keller Williams Realty
Over 30 years experience
Over 1,000 homes sold in Santa Clara and San Mateo counties... more
Hi Kjro, welcome to Mountain View. I am a proud resident myself for 19+ years and growing. Rents are really up in the past two years. For your budget, you should be able to get a very nice 1/1. For 2/2, it's running up to $2,700. but really depends on what environment, amenities and locations the complex can offer. If you like the conveniences, apartments close to downtown Castro St, are pretty desirable and offers all kinds of perks. You will be surrounded with restaurants, shops, parks, library, City Hall, Performing Center and CAL train station too. Downtown restaurants, Cafes and bars are actually major network environment for Tech companies. Welcome and good luck!
I offer guidance and consulting in home purchases. At your service when you are ready! 650-207-1421.... more
There appear to be some people trying to place rental scam ads on Trulia. It has happened a lot on Craigs list.
Marcy Moyer
Keller Williams Realty Palo Alto
marcy@marymoyer.com
DRE 01191194
650-619-9285... more
Most of the time ordinary power lines will not have a significant impact on the price of the home. There are some buyers who do put effort into avoiding homes with overhead wires but most buyers accept them if they want the house. Keep in mind that your house is full of wires which are a lot closer to you than the power lines in your back yard.
Some cities are slowly moving the power lines underground. If you own a home where that is going to happen you will probably be responsible for the cost of running the underground power from your property boundary to your main disconnect/power meter. When I built a new house I had underground conduits put in so that I wouldn't have to do it in the future.
(see my diary of building a new Palo Alto home http://julianalee.com/diary.htm)
High voltage power lines often have easements associated with them which could limit what you want to do with your property. Trees can interfere with ordinary power lines. The utility company may trim a tree and make it look pretty odd. Your real estate agent can check on easements.
Juliana Lee, MBA LLB
Cell: 650-857-1000
Top 3 agent nationwide at Keller Williams Realty
Over 20 years experience
Over 1,000 home sales completed in Santa Clara and San Mateo Counties
.... more
Before showing you houses an agent will want to know that you are qualified, so yes the pre-approval letter does matter.
Concentrate on finding a real estate agent to help you navigate the process including recommendation on mortgage professionals.
Being debt free and with that income, it seems you should be able to achieve
your goal.... more
Jodeepali,
I am not sure what you mean by safe. If you mean are you in danger from the trains then I think you are probably fine. While it is possible that Cal Train could derail, I am not aware of any incident where someone has been hurt who lives in an adjacent property. If you are talking about your investment being safe, that is another matter.
Homes next to trains will always be worth less than a similar home that is not next to a train. The noise will devalue the property. When the market is good, a home next to a train will still sell, just for less money than one without the noise. However, when the market is bad, homes next to trains will not only sell for less, but will also be harder to sell. In a buyer's market, buyers get to choose between many homes, and the train track home may not be chosen.
Marcy Moyer
Keller Williams Realty
marcy@marcymoyer.com
650-619-9285... more
I see 2013 as a bad time to buy in the Bay Area as the supply-demand balance appears to be heavily skewed in the seller's favor. Unlike the uncertain days of 2010-2011, buyers are feeling much more confident about housing and that strong buyer interest will mean almost constant bidding wars and rapidly escalating prices. If the end of 2012 is any indication, we will likely see a double-digit percentage jump in prices in 2013.
For those who purchased a home in 2012, they'll be able to side-step the fray and enjoy the rapid and effortless increase in equity. Rising rents is a good proxy for the overall level of demand. As the population has continued to grow over the past 4 years of the housing bust, new home construction has been near historical lows, meaning very little new supply of housing. As housing prices go up, more rentals are being converted for sale, driving up rents further.
Still, if you're in the position to buy and plan to stay for 5-10 years, then I'd recommend buying early in 2013 before further price appreciation. Otherwise, you'll have plenty of company by spring.... more
A couple of weeks ago I was showing properties to a couple who had children.
They found the home they were looking for. They chose the homes to go and see.
One of the buyers would not buy the home because of the children would have to change schools. The other party was fuming mad. The words I heard were you are going to let your children dictate our lifes? They have not called to look at homes since.
I am thinking it went very bad as they were arguing in a bad way.
Does it affect price? It depends who makes the decisions. Some people make it sound like the school you send you child to will make al the difference in the world. I personally disagree. I believe it is parenting skills, the friends who the child hangs with and the childs ambition is what makes or breaks the kids. If you think your child is going to be better because he learns the periodic table as opposed to learning algebra, I think you are mistaken.
Real Estate is about making the most you can when you sell it as it becomes a commodity the day you try to sell it.
all in all School districts matter to some but not to all.
Do I get calls from some parent who says I need to find a home in xyz school district ? yes
You would be amazed at how many bemoan the rule and move to a neighboring town.
Some say stability is the key.
Most to the biggest successful people were NOT Stable in the same home for 18 years.
I say keep your options open. Besides who says your kids friends are stable?
Oh by the way,...
Sometimes being close to a university has its pluses and minuses so that might be a consideration.
Harold Sharpe - Broker
So Cal Homes
(951) 821-8211
harold@socalhomesrealty.com
www.socalhomesrealty.com
California Department of Real Estate Broker License # 01312992... more
Hello David, Here is a link to study and consider. You may qualify for Stated Income Loans with 30% down. You don't need a US fico score or credit as a Foreign National. You may qualify with a few dozen questions in minutes.
http://www.under640ficoscoreloans.com/Pages/StatedIncome.aspx
http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days... more
Nigel,
There are many variables for an investor to consider before I can provide any advice.
First, ROI is a very generic term which has caused much confusion for new investors. For my investors, I provide simple metrics like cash-on-cash returns to give them an idea of how much cash they should expect to pull out each year for every dollar of initial investment. Since appreciation is not dependable, I advocate that investors seek good cash returns.
Second, the cash return target determines where and what you should look for. If you're looking for modest returns of 4-6% per year, then duplexes and 4-plexes make sense. If you'd like to push for leveraged returns of 20% or more, then other properties make more sense, including condos.
If you have $700K cash, then you can get a few good units in the South Bay.... more
A quick search shows there have been 19 homes sold in Mountain View since 1/1/2009 which sold for over $1,800,000. Nearly all were either brand new or in Los Altos school district boundaries.
Only 8 homes were sold during this time period at $2M +. Six of them were brand new. Of the two which weren't brand new one had a nearly 16,000 sf lot, was a 1920 home in incredible condition offering a style seldom seen in Mountain View. One had 4,309 sf living space and a 19,400 sf lot. A ninth home sold at just under $2M, wasn't brand new but had Los Altos schools. The listed living space of the Brookdale home is 668 sf larger than the county records.
The asking price puts the home where it has to offer desired features that essentially no other home offers.
Juliana Lee, MBA LLB
cell: 650-857-1000
Top 3 agent nationwide at Keller Williams Realty
Over 20 years experience
Over 1,000 homes sold in Santa Clara and San Mateo Counties... more
Go to the city of Mountain View and look up the permit history. There should be names on the permit of who did the work. If there is a disclosure package for the sale the permits may be in there so you could ask the listing agent.
Marcy Moyer
DRE 01191194... more
Tracy is a tricky investment area for new investors. If you get the right deals, then you can do ok on rental properties. Since there's a significant population there, there's a healthy rental market. Unfortunately, too many new investors overpay for deals as prices seem low, especially relative to the peninsula.
I wouldn't count on much appreciation in Tracy, since it lacks the key drivers that other Bay Area cities have.
Rental income is always relative to the deal, so it's hard to say. If you get a good deal, then your rental income could be as high as 8% per year. If you get an average deal, then you should expect 3-5% rental returns.
Since I work with plenty of investors and invest myself, I must say that we're all looking for the magical land where you can get both appreciation and good rental income. The reality is that doesn't exist. Once in a very long while, you can get a great deal, but that's just a market discount, not appreciation. So, we all have to pick what's more important to us as investors and look for properties that match.... more
Hi,
good answers below...here is a list of homes and condos in Santa Clara county for under $300K
http://www.trulia.com/for_sale/06085_c/0-300000_price/resale,new_homes_lt/price;d_sort/
good luck!
BUYER CASH REBATE 50%-60% / SELLER DISCOUNT 50%
Quality Full Service! Work directly with the Broker/Owner.
Flavio Tejada, MBA-Finance, Realtor, Broker/Owner
(415) 305-2958... more
Hello Cindy, There are no houses available at that price? I can pre-qualify you by asking a few dozen questions? You will need steady income and a minimum 500-579 fico requires 10% down payment. If you have a minimum 580 fico score, you may qualify for only half percent down payment FHA CHF Access program. I specialize in Under 640 Fico Score Loans. I also offer credit repair at no cost to raise fico scores to qualify. Give me a call and let's see what loan programs you qualify for today. Here are brochures and a needs list to qualify.
CHF Access half percent down brochure, pdf
http://tinyurl.com/9fak6ho
Sheryl Arndt, standard needs list checked, pdf
http://tinyurl.com/9m2rsb2
Why Rent brochure
http://www.frankandsheryl.com/Documents/Why%20Rent%20brochure,%20outside.jpg
http://www.frankandsheryl.com/Documents/Why%20Rent%20brochure,%20inside.jpg
CHF Access income limits http://tinyurl.com/8lzf8he
http://www.Under640FicoScoreLoans.com
http://www.FrankandSheryl.com
http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Broker – Loan Officer
DRE# 01440252
NMLS# 297251
760-486-4225... more