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Home Buying in Almaden : Real Estate Advice

  • All49
  • Local Info13
  • Home Buying20
  • Home Selling3
  • Market Conditions5

Activity 17
Thu Jun 25, 2015
Steve Mun answered:
Very good answers below. But there is no simple answer to your question, unfortunately. You and your agent have to customize your offer by responding to the needs of each seller. Money is the driving factor, but there are other factor that may be important to one seller that may not even be on their top 10 for another seller. A seller who is also trying to buy a move up or move down home will need rent back and will respond positively to a rent back offer; whereas to an investor a rent back offer will have zero value. Some sellers will respond a certain way to a quick close and other will not. The key is to have your agent do their due diligence and find out what is important to the seller and hit those issues in positive manners. ... more
1 vote 9 answers Share Flag
Sat Apr 12, 2014
Joseph Roraff answered:
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 that talks all about down payments...
https://www.youtube.com/watch?v=zrknTzBvcS0
... more
0 votes 13 answers Share Flag
Sun Mar 31, 2013
Juliana Lee answered:
There is only one home currently listed for sale on the MLS in Almaden Hills Estates: 6029 Crossmont Ct. listed at $1,295,000. The kitchen looks very nice (unlikely to be original). The home was built in 1979.

You can see the details for 6029 Crossmont Ct, San Jose at:
http://julianalee.com/real-estate/idx/mls-81306660-6029_crossmont_ct_san_jose_ca_95120
or
http://www.silicon-valley-homes-for-sale.com/listing/mlsid/204/propertyid/81306660/

If you would like to see real estate sales statistics for zip 95120 please visit:
http://julianalee.com/zip-code/95120-statistics.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
0 votes 2 answers Share Flag
Wed Aug 22, 2012
nang03 answered:
can a home inspecter in the state of tennessee ck for asbestos & lead paint or does it depend on the inspector you choose?
0 votes 4 answers Share Flag
Sun Mar 4, 2012
Roland Barcos answered:
Hi Want_to_buy_,
That is a good question and the simple answer is yes, there are many homes in the Graystone area that have sold in the $1.4-1.5 mil range. It gets more complicated when you separate the newer Pinn Bros. homes in the northern part, with the spread out, large parcel, custom homes in the county section to the south. The full price range is from $1.0 to $1.8 mil for the Pinn Bros. area and $1.0 to $3.5 mil. in the county section. There is a similar difference on the country club side, with newer Shapell homes and older custom homes. Both areas offer a variety of quality homes with attractive features and both areas have the potential for spectacular views. It really comes down to what you may find available with the limited selection that we have today. Unfortunately, there is very little currently for sale in those areas.
If you need help in finding the right home in Almaden, I have helped others get homes in these areas and would be pleased to assist you.

Take care,
Roland
... more
0 votes 3 answers Share Flag
Tue Jul 5, 2011
Denise A. Szyszlo answered:
Hello Sam~

Once a buyer does any inspections on their property the seller will have rights to the reports. As a buyer I would still do your own inspections. But is a good reference before you go in with an offer to go over these inspection reports. I don't think the flood issue is the problem since a lot of Almaden is in the flood zone. I think it is the layout of the back yard and a lot of buyers with children do not want the master bedroom on the lower level.

Denise A. Szyszlo Realtor
DRE 01441160
Office:: (408) 369-2000 x319
Mobile: (408) 768-7097
Fax: (888) 334-0888
Email: denise.szyszlo@century21.com
Website: http://www.DazzleHomes.com
CENTURY 21-Alpha
419 E. Hamilton Ave, Campbell, CA 95008
... more
0 votes 20 answers Share Flag
Mon Oct 11, 2010
Terri Vellios answered:
Hi The Star Dust,

Cj was spot on. New Almaden is out there and it doesn't appeal to the masses, so supply and demand is off compared to other parts of the county. It does offer a nice respite those willing to drive a little. This is true about Los Gatos Mountains too. Homes can sit on the market for a while because buyers don't want the commute or remote areas. ... more
0 votes 10 answers Share Flag
Fri Sep 10, 2010
Ruth and Perry Mistry answered:
Yes is a solid and tough bank.
A BPO will be ordered, soon and just before closing.

If the market moves up considerably at closing time , you maybe asked to bring in more money if a buyer.
If the market is going down, you may have an option to back out.

No quarters given by Chase, business minded, sharp and very good.
Hope you have expert guidance.

Good luck
Perry
... more
0 votes 6 answers Share Flag
Wed Mar 10, 2010
Sam Shueh answered:
Wed Mar 10, 2010
Rebekah Owen, Broker answered:
Jacob

So is everyone! :-)
400K is hard to find in Santa Teresa.

The last REO I sold in Almaden was $725K and we got multiple offers.

How flexible are you on location?

Rebekah Owen, MBA
Managing Broker
www.BenchmarkProperties.com
650-492-5958 214-257-0193
CA#00994952. TX#0555675
... more
0 votes 6 answers Share Flag
Sun Nov 1, 2009
Charles Coachman, SRES answered:
Realsearch,
There is absolutely no guarantee that a short sale will be completed. But your odds are greatly increased when you have a a listing agent that has completed many short sales. There are techniques and ways of dealing with the banks that a short sale pro can use to help his/her client(s) to get out of their predicament and give a buyer an opportunity to make a great purchase.
Yes, banks can ask for more money to complete a deal and the buyer and/orseller may be asked to contribute additional money to complete the transaction. The buyers agent must also be aware of the situation with the bank(s) and be prepared to ask the right questions of the listing agent.
I wish you the best in your search.

Charles Coachman
Keller Williams Realty
San Jose , CA
ccoachman@kwsv.com
ccoachman@kwsv.com
... more
0 votes 14 answers Share Flag
Fri Oct 2, 2009
Joe Salcedo answered:
Tue Jul 14, 2009
Sam Shueh answered:
Hi Sam,
This is the other Sam. Sam I am...
You did not specify your budget, square footage, lot size. Keep in mind San Jose is no longer
a new city as it was before. 40 Years homes are common.

If you really like original hard wood(real oak) floor 45-50 years ago all homes had them. To refinish it is only $2.20/sf... If you work in SJ have a limited budget certain parts of 95127(Berreasa) hill side got homes with views.
They are very reasonable relatively speaking.

It is hard to get jumbo loan again so you need to have a price target only look at these areas.
... more
0 votes 6 answers Share Flag
Thu Apr 16, 2009
Roland Barcos answered:
Hi Colin,
No, there is no such thing as an insulting offer, as long as there is a sincere intentioin to purchase the home. All people are different, however, and it's impossible to predict how they will react to a low offer. How they choose to behave should not be a concern of yours. There is only one way to find out; put it in writing and see what they say.

Take care,
Roland
... more
0 votes 18 answers Share Flag
Fri May 23, 2008
Roland Barcos answered:
Hi SJ_Resident,
I live and work as a Realtor in Almaden and do a lot of market analysis. After a very slow winter, the Almaden market is returning to a normal healthy level. Compared to most other areas that have a 6 to 12 month inventory of homes, Almaden has 3 months. The pending ratio, which is in the mid-teens for Santa Clara County, is nearly 30% in Almaden. As a reference, a ratio of 25% is considered normal, below that is a buyers market and above is a sellers market. Average days on the market for homes sold in April in SC Co. was 49 days and in Almaden it was 42. Of the homes sales pending in Almaden, average days on market is 32. Flying off the market might be a slight exageration, but compared to other areas and the slow fall and winter months, things are definitely looking up.
As for the homes you mentioned, Surian has been stygmatized by coming on the market at the wrong time, at the wrong price. It's a fine home and the price is pretty realistic now, but may have to be reduced further to motivate buyers. Hamida Court is a gorgeous home in a prime location and has been on the market less than a month. The median price in Almaden is around $1,050,000 and these two homes are close to $1.4 mil., so it should be no surprise if they take a little longer to sell. It's just a matter of time for the right buyer to come along for both of these homes.
Now I'll turn the question around. What is your interest? If you are a buyer, there is not a big selection in this price range, but I know of 3 more homes that will come on the market shortly. If you have a home to sell, I am working with a pre-approved buyer that has seen everything on the market now and isn't satisfied with what is available. If you want more information, either you or your agent can contact me.
Take care,
Roland
... more
0 votes 6 answers Share Flag
Wed Apr 23, 2008
Caroline Stavjanik answered:
Hi SK,

The best thing I can recommend is that you go to the street at different times of the day and see for yourself how busy it really gets. I wish that I had done that when I moved to where I live now. We moved before I went into real estate and our realtor only met us on the weekends when it wasn't busy. The upside is that it inspired me to become a realtor. The downside is that I live on a busier street than I anticipated. Let me know if you have another questions. Best of luck! ... more
0 votes 5 answers Share Flag
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