Home Buying in San Jose : Questions & Answers

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Sam Shueh, Real Estate Pro in San Jose, CA
Sam Shueh answered:
5939 PORTO ALEGRE DR $1,245,000 (how to get comps and determine offer price ? )
Almaden Valley market is hot as ever. For homes of that size the value is around 1.2M+.

Current bidders typ make 4-5% over the asked price.

Contact me if you have any other quest ... more
0 votes Share Flag Sat Apr 26, 2014 Home Buying in San Jose
Erica Glessi…, Real Estate Pro in San Jose, CA
Erica Glessing answered:
As a home buyer with children, how important is it for your new neighborhood to have children of a similar age nearby?
As a mom of three (now middle school ages) my experience is that my children play with friends they meet at school or in their hockey and extra curricular activities. We don't see as mu ... more
0 votes Share Flag Fri Apr 25, 2014 Home Buying in 95120
Finance1onli…, Real Estate Pro in Los Angeles, CA
Finance1online answered:
Are Hard Money Lenders ever a desirable way to secure financing for buying a home?
Only use hard money for bridge financing. Its very very expensive and the terms are often undesirable for the borrower. One strategy we tell our clients is to get pre-approved with ou ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in North San Jose
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
In a multiple offer situation what are ways to make your buyer's offer to stand out from the rest?
Anthony,
Popular question. The easiest is to outbid everyone else and have cash, no contingencies and close when the seller wants.
In reality you can't win all competitive situatio ... more
1 vote Share Flag Wed Apr 23, 2014 Home Buying in San Jose
Heidi McIrvin, Real Estate Pro in Rocklin, CA
Heidi McIrvin answered:
As a buyer, what are the top 3 things that you look for in a neighborhood?
1. Overall curb appeal of the neighborhood (do they maintain their yards, keep junk off of their driveways, etc).
2. Noise level/traffic-how far is the property from a main street?
3. ... more
0 votes Share Flag Wed Apr 23, 2014 Home Buying in 95125
Erica Glessi…, Real Estate Pro in San Jose, CA
Erica Glessing answered:
Is the area around William Street Park (woodborough drive) in San Jose safe - zip 95116? Thanks, NN
The schools are Olinder Elementary, Burnett Middle, and SJ High. Olinder is ranked 3 out of 10 and it's API score is 740, a 22# decrease from the previous year. Burnett is also ranked 3 ... more
0 votes Share Flag Tue Apr 22, 2014 Home Buying in San Jose
Elizabeth Bo…, Real Estate Pro in Cambridge, MA
Elizabeth Bolton answered:
Hello Everyone,
Truthfully I'm not sure many rental agents spend time on the Q & A section here. But you have more luck posting your question in the Rentals category and using a descriptive title so a ... more
0 votes Share Flag Mon Apr 21, 2014 Home Buying in San Jose
nik, Renter in San Jose, CA
nik answered:
Skyline at Taimen
Hi, I would recommend reading some of the most recent reviews at apartment guide.com or similar website. Skyline was a rental property until very recently that they started selling the ... more
0 votes Share Flag Sun Apr 20, 2014 Home Buying in San Jose
Grace Morioka…, Real Estate Pro in Sunnyvale, CA
Grace Morioka (408-426-1616) answered:
First time buyer looking for residential investment property in South Bay Area
Unfortunately, everything Erica has said is absolutely true. At $350k and with a VA loan you'll be looking for a long time without success in Santa Clara county. There are some homes av ... more
0 votes Share Flag Sun Apr 20, 2014 Home Buying in San Jose
Grace Morioka…, Real Estate Pro in Sunnyvale, CA
Grace Morioka (408-426-1616) answered:
Any over 50 active adult community in San Jose?
Hi Stella:

There are several prominent active over 55 communities available that you might consider. There are the Villages in San Jose, and also Rancho San Antonio in Los Altos Hil ... more
0 votes Share Flag Fri Apr 18, 2014 Home Buying in San Jose
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
When choosing a real estate agent to represent you, do you ask for recommendations or do you prefer to find an agent online?
I find most people start on the Internet.
0 votes Share Flag Wed Apr 16, 2014 Home Buying in 95126
Joseph Roraff, Real Estate Pro in Onalaska, WI
Joseph Roraff answered:
how common is it for a person to buy a home with a fuul (100%) down payment?
Usually you want to put a down payment down so that you have equity in your home and can get a lower monthly mortgage payment if you can, but many people can't.

Here is a great video ... more
0 votes Share Flag Sat Apr 12, 2014 Home Buying in Almaden
Omar Khamisa, Real Estate Pro in Stockton, CA
Omar Khamisa answered:
San Jose Down Payment Assistance Programs with a 620 credit score?
Hi yqsanjose

you should not be discouraged by low fico score, this is just a number. you can always fill it up just lowering you debt and paying it faster. there is many programs av ... more
0 votes Share Flag Thu Apr 10, 2014 Home Buying in San Jose
Shannon Jones, Real Estate Pro in Long Beach, CA
Shannon Jones answered:
For a first time home buyer, would it be better to buy an older home in a more sought after school district
School district is certainly one of the factors to consider, and homes in areas with highly rated school districts can carry higher price tags. However, the flip side of that is that yo ... more
0 votes Share Flag Wed Apr 9, 2014 Home Buying in 95126
Erica Glessi…, Real Estate Pro in San Jose, CA
Erica Glessing answered:
Clean history perfect credit score pre-appr $800K but can't find decent homes in Evergreen, San Jose. Not disappointed but worried abt
To get a home at the $800K offer point you want to be looking in the $725K to $790K range and offer over asking. These homes from what I am looking at are near Aborn/San Felipe/Murillo/ ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Evergreen
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence 727.420.4041 answered:
Do we really need to get a pre-approval loan before making offering for property? If the down payment is 50%
This question posted May, 2009.

I'm confident Mya got the pre-apporval.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
h ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in 95123
Anthony Rees…, Real Estate Pro in San Jose, CA
Anthony Reeser answered:
Is 2014 a good time to buy a house in the Bay Area. What do the trends look like. I see the prices going up especially with rents.
Bottom line if you can get into a property now, compared to throwing away money on rent you are in a much better position. Tax benefits, refinancing options, rent your new home, use th ... more
0 votes Share Flag Mon Apr 7, 2014 Home Buying in Berryessa
Anthony Rees…, Real Estate Pro in San Jose, CA
Anthony Reeser answered:
New Construction at N. Capitol Ave 95132 (Cenetered At Capitol)
Pisces,

I grew up right off Berryessa and Morrill Road, many things have changed in regards to businesses, demographics, and infrastructure. One thing that has remained constant is ... more
0 votes Share Flag Mon Apr 7, 2014 Home Buying in 95132
Erica Glessi…, Real Estate Pro in San Jose, CA
Erica Glessing answered:
How about schools for Arbor village, Evergreen San jose. Does this fall under Evergreen Elementary/Chaboya Middle?
One way to update yourself on the schools for a particular home is the "online district locator" available on the Evergreen district's website.

Here it is:

http://www.eesd.org/pag ... more
0 votes Share Flag Sun Apr 6, 2014 Home Buying in Evergreen
Houston Chau, Real Estate Pro in San Jose, CA
Houston Chau answered:
Smaller Lot size than advertized
As a buyer, you have just about all the rights to back out of the deal. In this case, the information was misrepresented to you...therefore, you have every right to back out of the dea ... more
1 vote Share Flag Sat Apr 5, 2014 Home Buying in Evergreen
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