I think that it would be a good idea to up grade your heating system. I don't think there is a certain kind of system required for home resale. I think that it is best to get a new model, because most people feel better about buying a house that has new heating. Good luck!
Amber | http://www.theenergyexperts.com/oil-heat-service-plan.php... more
In almost every instance, yes. Your contract should include several "out" clauses that you can use to cancel and get your deposit back. The most common usually relate to problems found during inspections, though there are usually other ways to get out of the deal without having to do much more than say you want out. As long as you cancel within the period required in the contract, the deposit should be returned to you.... more
At the end of 2012 I sold a land parcel in Palo Alto (Barron Park, a few miles from Fabian Way) that had been an orchard for almost 100 years. A licensed engineer was hired to conduct "Phase I" and "Phase II" testing that looked for contamination in both surface and sub-surface soils, plus groundwater (drilled down about 50 feet). In our study, contamination was found and the seller had to clean-up contaminated surface soils and have the parcel and test reports approved by Santa Clara County officials. My advice is to ask for Phase I and II test reports if you suspect contamination.... more
Hi - my wife and I live on Waverley St, very close to Community Center and Crescent Park. Our kids go to Addison Elementary. We've found it to be a great school and a wonderful community. I don't know Barron Park well, so don't have much basis to comment.
If you have school-age kids, schools/community will be a huge factor in your quality of life. And once you start growing roots you may not want to move again. Net - I'm biased, but I'd say start growing your roots in the community you want to live in, then rebuild the house when you're ready.... more
What a mess. That really isn't fair. I think it's time you took this up with the agents office and hired an attorney and send them a letter requesting the money. The money the agent was to have given you should have been given to you in escrow as a credit. I'd also take this up with the DRE.
If your question is "is Barron Park a good area for Stanford University" most definitely yes. You can bike from Barron Park to Stanford, and the Margarita bus (stanford's bus) picks up from very close by. Easy!
It is relatively challenging to rent in Palo Alto and I recommend you go to the rental on the morning it is listed, as quickly as possible, in person, and make a case for yourself. Have a pay stub or proof of "how you can pay rent" in hand.
You may want to explore seller-back financing opportunities. If you do have a monthly cash flow that exceeds the mortgage requirement by a good %, you can usually look good to a seller who is having trouble selling his or her home.
So you might also want to explore homes that have been on the market a long time or homes that need work. If you look up La Honda from Palo Alto there are some interesting opportunities up in the woods where the sellers understand that sometimes seller carry back financing is important.
It has so far. The first three months of 2014 has been every bit like 2013. Most Realtors think that prices will continue to rise, although not at the same pace as the past two years.
For Buyers, the issue is that you are facing hyper-inflation in home prices. For most buyers, prices are rising much faster than their income, resulting in dramatic reduction in purchasing power. Many of my Buyers can now only afford the home that was unacceptable a year or two ago.
A few Buyers say that they are going to wait for price to go down. I don't know anyone in the business that thinks that is going to happen. If it did, it would be due to some catastrophic financial event, in which case you are probably not going to be willing to purchase home then either.
My personal opinion is that real estate in Silicon Valley is one of the best investments in the world. Apparently the Chinese agree with me.... more
Prices for Condos and Townhomes in Palo Alto have appreciated on average 6.6% per year over the past 17 years. I expect appreciation rates to be in the 6-8% range over the next couple of years. I publish extensive charts on prices at www.SiliconValleyMLS.info/palo-alto-homes/condos
Prices for single family residences have risen dramatically over the past 2 years and are expected to continue this year. Palo Alto is the epicenter of money flowing in from China, which is making the Palo Alto market the hottest in the area.
As to Rickey Way, these are almost new Townhomes that are very desirable with their modern finishes and contemporary styles. Location close to Facebook, Google and other high-tech companies should ensure continued long-term demand.... more
I don't believe the flood hazard at 780 Palo Alto Ave is what would worry buyers the most. Much of the damage from the flood of 98 was caused by the narrow channel at the Newell bridge causing water to overflow the banks and enter storm sewers. The water came up out of the storm sewers in neighborhoods closer to the bay, flooding houses and condominiums nearer 101. There is a low probability but real hazard associated with these zones. Many Palo Alto homes are in the same hazard zones. 780 Palo Alto Ave has some disclosures which were of concern to my clients and probably others. Liquefaction http://julianalee.com/reinfo/liquefaction.htm Palo Alto home values at http://julianalee.com/palo-alto/palo-alto-statistics.htm ... Work with a top experience agent and learn to be your own expert. ... Juliana Lee
Top 3 agent for 3 years nationwide at Keller Williams Realty, the nations largest
Over 20 years experience
Over 1,000 homes sold in Santa Clara County and San Mateo County... more
This may be a moot point since the question was asked last year. But my two cents... At the end of the day, there are two buckets of factors in selecting an agent in my experience. First, you want some one who is knowledgeable and connected in the community you want to purchase. Second, you want someone who you can easily communicate and work with. The first bucket is objective, and you can find out who the "top agents" are in any neighborhood through various referrals or internet searches. The second is very subjective, and you never really know until you meet them and start to communicate with them. I used a website called www.UpNest.com that did the hard part (#1-top agents) for me by matching me with a handful of knowledgeable and connected agents in Palo Alto. That left me to meet with them and assess the 2nd factor (relationship) to see if we worked well together. Let me tell you, it felt good to know they really wanted my business (some agents don't really like working with buyers as much as sellers). Ultimately I found someone who helped me find the a great home for me and my family. Wouldn't have done it any other way.... more