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Cupertino : Real Estate Advice

  • All197
  • Local Info26
  • Home Buying98
  • Home Selling16
  • Market Conditions11

Activity 227
 Betty, Real Estate Pro in Saratoga, CA
Sun Jul 21, 2013
Betty answered:
Hello Ron,
I think the trend is to smaller and smaller kitchens. In this fast paced world many of these professional couples don't have the time to cook. Prepared meals are going to become more and more common. I think doing away with the standard kitchen----i.e. stove---and just having a microwave is the way to go. I have seen this trend already starting. The space that was once used for a stove can be used for other things. Having just a nice microwave is very modern, and your potential buyers will appreciate this.
Good luck.
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0 votes 6 answers Share Flag
Kenny W. Lo,  in Cupertino, CA
Wed May 29, 2013
Kenny W. Lo answered:
Ravi,

The starting point will be the comps. Ultimately, the property is worth what your buyer is willing to pay for it, when it's made available on the market. Finding that best buyer, however, will take a good planning and execution. So the real question is whether you'll risk to do it on your own (FSBO or relative who happens to be licensed) for a full-time dedicated realtor to get the job done right, leaving no regrets behind.

In any case, I wish you the best of luck!

Kenny Lo
Intero Real Estate Services
DRE # 01859971
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0 votes 5 answers Share Flag
Trang Beusch…, Real Estate Pro in Campbell, CA
Fri May 17, 2013
Trang Beuschlein answered:
In addition to checking out the ones that Grace mentioned, you can also check out USA Realty and Loans.
0 votes 6 answers Share Flag
Juliana Lee, Real Estate Pro in Palo Alto, CA
Fri May 3, 2013
Juliana Lee answered:
I would recommend also looking at homes having a view of a park, a creek or even a golf course. I live across the street from a creek. It feels like a rural setting but I have a very short walk to downtown.

As your dad gets older his mobility will probably decrease. Having a coffee shop, and food nearby where he can go talk with friends will probably become more important as time goes by. You should take him on some short field trips and see how he reacts.

There is an active listing at 22306 Rancho Deep Cliff Dr that is in an area you might like ... near hills and a golf course.

Cupertino real estate statistics at http://julianalee.com/cupertino/cupertino-statistics.htm

Don't hesitate to call and chat.

Juliana Lee
Top 2 agent nationwide at Keller Williams Realty, the nations largest
Cell 650-857-1000

Over 30 years experience, and many more to come
Over 1,000 homes sold in Santa Clara and San Mateo counties.
.
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0 votes 3 answers Share Flag
John Juarez, Real Estate Pro in Fremont, CA
Mon Apr 8, 2013
John Juarez answered:
Over five dozen single family detached homes are available in Union City, Newark, Fremont and Hayward. Since you are posting from Union City, I would think the nearby area would be the first place in which you would look.

Your stated budget will also stretch to a lot of condos or townhouses in those areas.

Your first step, if you have not already done so, is to get approved for a mortgage. I can recommend a quality lender if you need a referral.
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0 votes 5 answers Share Flag
Russ Ravary, Real Estate Pro in Commerce Township, MI
Tue Mar 5, 2013
Russ Ravary answered:
The best advice is to consult your real estate agent or a real estate attorney. We are smart here but go to your team for answers
0 votes 10 answers Share Flag
Russ Ravary, Real Estate Pro in Commerce Township, MI
Tue Mar 5, 2013
Russ Ravary answered:
You can't. I just had this happen to me. The agent actually told me she made the decision not to submit the offer and just turned it down. Now she wants to submit the offer to the seller. 99% of the realtors are honest. You can't really find out if they submitted the offer and due to the realtor code of ethics your realtor can not contact the seller directly. ... more
0 votes 12 answers Share Flag
Jerry, Home Owner in Cupertino, CA
Sat Feb 2, 2013
Jerry answered:
I just finished a new residential construction in Cupertino last year. For the school fees (they call it "Developer Impact Fee"), CUSD charged $1.782 per square foot while FUHSD charged $1.19 per square foot.

Jerry
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0 votes 11 answers Share Flag
Travis Jacks…, Real Estate Pro in Campbell, CA
Fri Jan 11, 2013
Travis Jackson answered:
I would say around $3,200 . I rented a 3 bedroom 2 Bath Duplex for $2,500 in 95051 earlier this year and it didn't even have Cupertino Schools.

Travis Jackson
Century 21 M & M Associates
DRE#01879566 http://www.408RealEstate.com
tjackson@c21mm.com
(408) 316-5954
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0 votes 4 answers Share Flag
Michelle Car…, Real Estate Pro in Coppertino, AL
Sat Dec 29, 2012
Michelle Carr-Crowe answered:
I am always happy to provide you with a no-obligation market analysis of your home's value. Just Call 408-252-8900. I have several pre-approved buyers looking to buy in Cupertino-is your home available to buy? ... more
0 votes 16 answers Share Flag
Richard Ho, Real Estate Pro in San Jose, CA
Fri Dec 28, 2012
Richard Ho answered:
Why worry?
http://blogs.wsj.com/developments/2012/07/27/housing-isnt-a-horror-show-anymore/

Great WSJ article. Have you been reading all the other horror stories and have night and daymares?
Indeed the housing upticks in fact any.......are always a lagging indicator of an improving economy. It is pan US that is the elbow of the recovery curve. The shape (speed) of recovery would be localalized- it could be a V or a U for Silicon Valley area. Deserve a careful watch for investors and homeowners (buyers and sellers) however you do not want to be left behind when the recovery tide arrives. Contact me for a complimentary personal session for strategy planning or coaching.
Richard K. Ho, M.D., MBA, Realtor. ePro
License#01407461

Cornerstone Realtors,

6455 Almaden Expwy., Suite 98

San Jose Ca 95120

408-828-0189

Fax 408-649-5212

Please visit: http://www.DrHoRealty.com
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0 votes 23 answers Share Flag
Sofitrends, Home Buyer in Cupertino, CA
Sat Dec 1, 2012
Sofitrends answered:
Mark Burns,  in Cupertino, CA
Wed Sep 5, 2012
Mark Burns answered:
Sell it. The City of Cupertino will likely approve the property as you describe. Let the next person tear down your home and build a new one. I sold my own property on the Lynbrook side of Bollinger 5 years ago and the contractor that bought it had a new one up in 4 months. I don't think he made much money but I was very happy and had no regrets.

Email me back with your decision. I'll likely be able to find a buyer for your property.

Mark Burns, Realtor
Coldwell Banker Elite - Top 2 % Worldwide
DRE #00896552 Licensed since 1985
Over 600 Homes Sold in Silicon Valley
Cupertino Resident and Cupertino Expert
408-777-2083
mailto:mark@markburns.com
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0 votes 7 answers Share Flag
Grace Keng, Real Estate Pro in Santa Clara, CA
Thu Aug 23, 2012
Grace Keng answered:
There are 5 high schools in Fremont Unionified schools district.
1). Monta Vista High - Cupertino
2). Lynbrook High - San Jose
3). HomeStead High - Sunnyvale
4). Cupertino High - Cupertino
5). Fremont High - Sunnyvale
Cupertino High area usually is located in between Stevens Creek and Bollinger Rd and Lawrence and Miller. It is pretty safe area to live.
Pro: Excellent Cupertino schools, Center of Silicon Valley easy commute to anywhere in Santa Clara County.
Con: This area is not as conform as some other are of Cupertino. There are small old home and huge newer home mixed in here.
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0 votes 4 answers Share Flag
Felix Hung, Real Estate Pro in Huntington Beach, CA
Sun Jul 15, 2012
Felix Hung answered:
Rick,

I hope your home sale went well or is still going well. With 8 days, that SHOULD be plenty of time to postpone a sale date but it depends on the bank, the new offer price/terms, and your agent's persistence. I don't see why they wouldn't postpone the sale date based on what you told me but if they didn't probably one of the following occured:

1. the new offer price/terms was not even close to what they would accept and they rejected it outright to move forward with foreclosure.

2. the lender postponed the short sale BUT the listing agent did not follow up enough or check with the trustee to ensure it was postponed.

3. the lender did not get the order to stop/postpone the sale to the trustee in time before the sale occured.

I hope none of the three above occurred.

Felix
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0 votes 10 answers Share Flag
Jeannie  Apo…, Real Estate Pro in Cupertino, CA
Sun Jul 15, 2012
Jeannie Apostole-Holden answered:
The Cupertino market has escalated even more, with multiple offers everywhere and with bidding over list price. In the 29 years I have sold in Cupertino. it is one of the hottest markets I have ever experienced. I'm happy to help you see what the market is doing. Check out my website at: www.siliconvalleyhomes4sale.com I'm happy to try to help you figure out what course of action is best for you. ... more
0 votes 24 answers Share Flag
Michelle Car…, Real Estate Pro in Coppertino, AL
Sat Jul 14, 2012
Michelle Carr-Crowe answered:
For clarity, are the listing agent and owner the same person? Or are you referring to you talking to the listing agent and also talking to the seller directly? Most sellers hire a listing agent to be their representative and their "buffer" between them and the buyer.

Are you also representated by a buyer agent? Or are you being represented by the listing agent also, making this a dual agency?

Dual agency is only allowed when both parties have been informed and both parties agree. Hope this helps.
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0 votes 18 answers Share Flag
Michelle Car…, Real Estate Pro in Coppertino, AL
Sat Jul 14, 2012
Michelle Carr-Crowe answered:
Hopefully you've resolved this. In California, we try to work it out at the agent level first, then the brokers, then mediation, then arbitration. Getting a free consultation from a real estate attorney may be the best idea for your peace of mind. ... more
0 votes 8 answers Share Flag
Elena Talis,  in Palo Alto, CA
Sun Jul 1, 2012
Elena Talis answered:
0 votes 6 answers Share Flag
Daniel Shi, Real Estate Pro in Cupertino, CA
Fri Jun 22, 2012
Daniel Shi answered:
Christy,

As Roland rightly pointed out, there're three stages of the foreclosing process:

1. Pre-foreclosure (Short Sale): because most likely it's still owner-occupied, showings are often by appointment only. Some owners may not even cooperate, and you never get a chance to see it. The short sale process is indeed very loooong! Depending on the hardship current owner is going through, their short sale filing needs to be agreed & approved by the bank, 60-90 days of wait is quite normal, so you just have to be patiently awaiting and hope the bank approve your offer price & terms. Even worse yet, if two banks are involved (i.e. first loan and secondary), they it could easily double the wait time.

2. If the property fails to sell during short sale, then goes to public auction (usually announced ahead on local media such as SJ Mercury, Los Gatos Weekly, etc). If you win, you must pay all cash.

3. If still doesn't sell, then bank foreclose upon and takes over as REO (real estate owned), from this point on, it's very much like a regular sale: you don't have to wait for approval any more, if your offer gets accepted by bank's authorized asset management, you enter escrow and close just like a regular transaction. You can still have your inspection contingency, loan contingency, etc. And you can get pretty good deals this way. The major disadvantage to you as a buyer is: REO has very limited disclosure other than some basic geo-reports, because remember, bank just took over, they didn't know much about what happened on this property in past years, right? So hiring an experienced inspector is crucial, check it out top-down and inside-out!

You may easily search for REO/Short Sales on our website:
http://SoGoRealty.com

Feel free to contact me if I could be any help, good luck :)

Daniel Shi
dshi@sogorealty.com
1.888.785.8818 ext.100
http://SoGoRealty.com
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