Palo Alto : Questions & Answers

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Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
Post - Facebook IPO, how is the market in Palo Alto compared to pre-Facebook IPO?
Hi Mindy,

The inventory is a bit higher but it is consistent with the seasonal fluctuations - see charts at http://paloaltocal.com/palo-alto-real-estate-market-action-report-ma . Wh ... more
0 votes Share Flag Mon Nov 19, 2012 Market Conditions in Palo Alto
Andrea Wince…, Real Estate Pro in San Jose, CA
Andrea Wince ~ Lic. 01439761 answered:
Buyer in Palo Alto. Which form or contract should be used if I allow the seller to stay 1mth for free?
This depends upon what contract was used in the initial purchase contract. Are you buying a home and not using a Realtor to represent you? Usually in these types of situations, it' ... more
0 votes Share Flag Fri Oct 5, 2012 Home Buying in Palo Alto
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Which neighborhoods in palo alto ca are a ft for young families seeking in at 1.8mm or less? Walking access to neighborhood park for kids?
agents are prohibited from discussing family, children, etc. You may want to look to Midtown.
0 votes Share Flag Wed Jun 27, 2012 General Area in Palo Alto
Jenny Wan-Me…, Real Estate Pro in Palo Alto, CA
Jenny Wan-Mernyk answered:
is buying in ventura something to consider? prices are a bit lower than other PA areas but comments are mixed re Ventura...what's your view?
Ventura is a good area to consider because prices are lower, and schools are very good. I have a client who bought a house in Ventura a year ago, and the price has gone up by over 15% ... more
0 votes Share Flag Sun Jun 10, 2012 Home Buying in Ventura
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Homes that don't go on MLS for Palo Alto & Los Altos
I don't believe it benefits the Seller at all. When a property is not exposed to the buyers the Seller is loosing out on potential multiple offers.

I know this is happening in a lot ... more
0 votes Share Flag Sun Jun 10, 2012 Home Buying in Palo Alto
Brian LeBars, Real Estate Pro in Pleasanton, CA
Brian LeBars answered:
A good lender for a Jumbo loan, great credit?
Hi P...

We directly fund loans from 3 major JUMBO investors. They include ARM products as well as a 30yr fixed option. We also have a great option of a 90% option with the old tradit ... more
0 votes Share Flag Sat Jul 20, 2013 Home Buying in Palo Alto
John Souerbry, Real Estate Pro in Palo Alto, CA
John Souerbry answered:
Can you recommend a good specialist for Palo Alto rentals? And what are the rental trends right now?
I work with many rentals in Palo Alto, both as a property manager and a broker.
In most areas of the city, rents have kept pace with rapidly-increasing prices for residential property. ... more
0 votes Share Flag Thu May 3, 2012 General Area in Palo Alto
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
looking at Palo Alto prices and the cost of ownership (prop tax rate interest), isn't it better to rent than to buy?
You also have to consider the tax implications. Homeowners are able to take tax deductions renters do not enjoy. As to prices increasing, it will probably not happen overnight, but wh ... more
0 votes Share Flag Wed Oct 31, 2012 Home Buying in Palo Alto
Hassan Sabba…, Real Estate Pro in 95008
Hassan Sabbagh answered:
I am looking for an agent to refer a client looking to rent in Palo Alto. I need a local expert I can contact?
Are you a real estate agent or a broker?
0 votes Share Flag Thu Aug 30, 2012 Rentals in Palo Alto
Lynne Mercer, Real Estate Pro in Palo Alto, CA
Lynne Mercer answered:
How do you find out what school district you are in? Are they flexible- could I send my child to Gun or los Altos high school?
Goto www.pausd.org
Click on "Schools and Sites""
Click on "School Finder"
Type the name of the street you will live on (do not include street number)
The program will show you which ... more
0 votes Share Flag Mon May 14, 2012 In My Neighborhood in 94304
Mindy, Home Owner in 94306
Mindy answered:
What areas in Palo Alto are likely to appreciate in the next 5 years?
I am not a real estate professional, but my experience is that whenever a new construction happens in the neighborhood, the existing homes appreciate as well. The reasoning seems to be ... more
0 votes Share Flag Sat May 19, 2012 Home Buying in Palo Alto
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Question of the Day: What makes a great buyer's agent
From the responses I get from my clients, see below;

They schedule a pre-meeting to discuss the buyers goals and objectives and to get an understanding of how the process works, alon ... more
0 votes Share Flag Thu May 3, 2012 Home Buying in Palo Alto
Vicky Le, Real Estate Pro in Cupertino, CA
Vicky Le answered:
I need a discount real estate agent for a purchase in Palo Alto
Hi JJ,

I am a Redfin Referral agent and would be happy to honor the credit. Please let me know if you would like to discuss further.

You may email me at vle@interorealestate.com ... more
0 votes Share Flag Fri Jan 11, 2013 Home Buying in Palo Alto
Chris 832-60…, Real Estate Pro in 77008
Chris 832-607-8073 answered:
What are some tips for renters before signing a lease?
Tip #1
Make sure that you have "diplomatic clause". Different markets call it different things, but ultimately this is the portion of the contract that spells out clearly wh ... more
0 votes Share Flag Wed Mar 7, 2012 Rental Basics in Palo Alto
Thomas Feng, Real Estate Pro in 95051
Thomas Feng answered:
What are some tips for first-time home buyers?
The first step to buying a home is to get pre-approved for 2 reasons. #1 so you know what you can afford, if you start looking for homes before this you are just wasting your time and i ... more
0 votes Share Flag Tue Mar 6, 2012 Home Buying in Palo Alto
Bill Mccord, Real Estate Pro in San Jose, CA
Bill Mccord answered:
Which costs are potentially negotiable in closing costs
Every County has "normal and customary" allocations of closing costs but in all cases these can be changed by mutual agreement between Buyers and Sellers. Your agent will know ... more
0 votes Share Flag Sat Mar 3, 2012 Home Buying in Palo Alto
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
What are some effective ways to increase the value of your home before selling?
It depends on the condition of your home compared to what you will be competing against. An agent can come out and give you ideas what specifics would work for your home. Below will b ... more
0 votes Share Flag Tue Apr 10, 2012 Home Selling in Palo Alto
Paz Bar-am, Real Estate Pro in Palo Alto, CA
Paz Bar-am answered:
What are some surprises that first-time buyers encounter when purchasing a home?
For first time buyer this is the first largest purchase they are making in their life so educate your self on the process of Real estate purchase. The do’s and do not before, dur ... more
0 votes Share Flag Wed Mar 7, 2012 Home Buying in Palo Alto
George Nowic…, Real Estate Pro in San Jose, CA
George Nowicki answered:
How does Trulia assess market value of houses- same formula across the board or tailored to specific areas?
Jorgen

Trulia, Zillow, RedFin etc. are all just number crunchers and they do not provide any real intelligence regarding pricing. They basically look at the cost per square foot for ... more
0 votes Share Flag Sun Feb 26, 2012 Home Buying in Palo Alto
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
How significant is a mold issue in a home inspection?
By "occasional" mold...........Do you mean mold, as in mildew (dark spots) that can get in the tile grout around the tub or shower - which comes off after a spritz of some cl ... more
0 votes Share Flag Wed Oct 15, 2014 Home Buying in Palo Alto
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