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Home Buying in Gilroy : Real Estate Advice

  • All102
  • Local Info16
  • Home Buying25
  • Home Selling1
  • Market Conditions2

Activity 43
Thu Aug 11, 2016
Derek Jones answered:
Assuming no hoa and preliminary title report already received you should be able to close within a week. But things like inspections, hoa docs, prelim title reports can delay the process. ... more
0 votes 2 answers Share Flag
Wed Oct 14, 2015
Scottjohnson1432 answered:
I agree that building a home from scratch might take a bit too long. My wife and I lived in a modular home at the start of our marriage and it is not as bad as people might think. In fact, we rather enjoyed it. It was a great starter home for us. http://www.hartmodularhomes.ca/en/ ... more
0 votes 7 answers Share Flag
Tue Jun 30, 2015
answered:
Hi Ruby,

If you are in California and have a foreclosure question, I try to answer all of those. It is more of public service thing with me, as I know how much grief people who go through that suffer. I missed your question and can not find it.

In 1993-1995 I actually worked for BofA and our division was attached to the loss mitigation dept and I was actually was the person who communicated with the customers who were losing their homes or if they were destroyed in a fire or earthquake. I have specialized knowledge of the process and know how you may be suffering.

I make it a point to try to help people in that situation if that is your situation please feel free to call me directly, 714-968-2500.

I do not make any money on a call like that, just glad to help people going through a very hard time.
... more
0 votes 2 answers Share Flag
Sun Jan 11, 2015
Sam Shueh answered:
YOu are priced out. Try Hollister, Salinas.
0 votes 1 answer Share Flag
Sat Sep 27, 2014
Lisa and Pete Fleming answered:
Hi Pam,

I have four kids under 12! Gilroy is an awesome place for families and children. The schools are great and the brand new high school is even better. If you should have any questions let me know

Peter
... more
0 votes 20 answers Share Flag
Fri Jun 13, 2014
Sam Shueh answered:
Rural neighborhoods safety is way less than any bigger cities.
Excellent schools and definitely more bang for the buck,

Few realize Gilroy has very excellent schools academically. Gilroy College Prep High has much
higher test scores than Palo Alto, Gunn which did not meet their goals in 2 major objectives.

If you can find lower priced homes for what they are building anywhere in SF Bay Area.
Pls let all of us know.

Sam Shueh
Keller Williams Realty
... more
1 vote 2 answers Share Flag
Fri Feb 21, 2014
Jennifer Doak answered:
Hello,

Happy Friday! Attached please find a link to the property that your children purchased at 2532 Narin Way in Gilroy. Eagle Ridge is a wonderful gated golf course community! It features a 18-hole public golf coarse, Club House, Community Swimming Pool, 3 parks and a man guarded entrance. Congratulations to your kids and hope that you get to visit the real soon and enjoy the sunny California weather!

http://www.trulia.com/property/7329678-2532-Narin-Way-Gilroy-CA-95020
... more
0 votes 1 answer Share Flag
Tue Jan 28, 2014
Jennifer Doak answered:
I have been a resident of Gilroy since 1975. I attended the local elementary school in my neighborhood and I am a graduate of Gilroy High School. My spouse is an Engineer and has made the drive to Silicon Valley for the last 18 years. I would be happy to put you in touch with friends and past clients that make the drive daily. You will find that your drive time can vary based on your work schedule. This along with making the drive a time or two would be beneficial to you. As far as elementary schools go, Gilroy has two schools that are top ranked. Luigi Aprea has an API score of 875+ and Las Animas which has an API score of 860+. Each of these schools offers great housing choices. There is also a charter school in Gilroy which is public. Gilroy Prep has an API of 975. There is no geographic boundaries for Gilroy Prep but there is an application process. The "Northwest Quad" as we refer to it is where Luigi Aprea and Gilroy's top rated high school, Christopher High is located. Their API score is 800. Inventory remains very tight in this area and based on a quick search today 1-28-14 the lowest priced home available in that area is $585,000. It is 4 bedrooms, 2 bathrooms and approximately 1,922 square feet. Contact me today to discuss your real estate goals further. I am confident that you will feel that Gilroy is a great choice! Jennifer Doak, Intero Real Estate Services, 408-799-3737, jdoak@interorealestate.com ... more
0 votes 6 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
Quite the contrary. Selling a house in either of these areas is not difficult at all. These are both very desirable areas. Morgan Hill is a little hotter than Gilroy because it's 10 miles north, and closer to San Jose. When a property is priced right (and that's the key, along with making sure it shows well), it will sell in any market in any location. No need to worry about Morgan Hill or Gilroy. You'll love the area. It's rural yet you have the benefits of an urban atmosphere (good schools and a wide variety of shopping options. Plus larger homes on larger lots in many neighborhoods. You go girl!

Debby Bright
Real Estate Broker
408.309.0777
CA DRE #00957311
... more
0 votes 1 answer Share Flag
Wed Jul 3, 2013
Debby Bright answered:
Most of the investment properties in Gilroy are located west of Welburn. Some of the units on Kelton Drive are very nice, among others. Call me and let me know your email address and I'll send you listings off the MLS.


Debby Bright
Real Estate Broker
408.309.0777
CA DRE #00957311
... more
0 votes 5 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
If you want to live in the most desirable area in Gilroy, make sure the property is located west of Welburn Ave. As someone already mentioned, the NW quadrant is a great location. But expect to spend $500K for something decent. Otherwise, there's a townhouse community off Forest Street on Fortunata Place where the 3 bedrooms are $325K and 2 bedrooms are priced at $275K. There are resale restrictions in this subdivision and a few hoops you have to jump through to purchase the property, but there are also low interest rate loans to supplement your down payment,, so give me a call if you want more details about this subdivision.

Debby Bright
Real Estate Broker
CA DRE #00957311
408.309.0777
... more
0 votes 6 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
It depends on whether or not the tenant is cooperative. If he is, then he's to be served written notice to move giving him a certain amount of notice (30 days or more) depending on the length of his tenancy. If he's not cooperative, then the Seller/Owner/Landlord shall have to initiate eviction proceedings and that could involve quite a few months. Figure about six months duration to accomplish an eviction. Tenants' rights are tricky so I'd definitely work with a broker who's familiar with tenancy law.

Debby Bright
Real Estate Broker
CA DRE #00957311
408.309.0777
... more
0 votes 3 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
Is this a short sale? Unfortunately, the banks take their sweet time responding or moving forward on processing sales. They were supposed to speed up the process as a result of billions of dollars in fines with the feds and the State of California but many of them haven't taken the settlement seriously.

I wouldn't stop looking. Something better may come along before your current transaction ever gets approved. You're in the "cats' seat" with an all cash offer.


Debby Bright
Real Estate Broker
CA DRE #00957311
408.309.0777
... more
0 votes 4 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
My favorite neighborhood in Gilroy is Eagle Ridge, hands down.



Debby Bright
Real Estate Broker
DRE #00957311
408.309.0777
0 votes 4 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
15% down payment is always better than 10% but as long as you have a pre-approved loan (not pre-qualified, it must be pre-approved, then you should be able to compete in the market place. Interest rates are probably going up so by the time you have 15%, a few up tics in the interest rate can translate into a lot more money over the life of the loan (30 years). Moreover, chances are the values will continue to appreciate so the property you can afford today will be out of your price range by the time you save the additional 5%. I'd go for it today, assuming you're pre-approved.

Debby Bright
Real Estate Broker
DRE #00957311
408.309.0777
... more
0 votes 3 answers Share Flag
Wed Jul 3, 2013
Debby Bright answered:
Yes, your property will be re-assessed by the County Assessor at the sales price you pay for the property. This is in case you pay more than the last recorded sale. If you're over 55yrs old, there are tax consequences you may want to learn about. Call me at 408.309.0777 or email me at debby@debbybright.com for more information.

Debby Bright
Real Estate Broker
DRE #00957311
... more
0 votes 7 answers Share Flag
Fri May 31, 2013
Sam Shueh answered:
There was a lender who also has a local real estate brokerage handling temp lease while selling it. I am not sure it is around anymore.
0 votes 5 answers Share Flag
Sun Jan 6, 2013
The Medford Team answered:
We need more information - if the bank has not foreclosed, you may be a candidate for a short sale to help keep a foreclosure off your credit record.
0 votes 4 answers Share Flag
Thu Mar 8, 2012
Sam Shueh answered:
If all REOs are released together they will be absorbed in about 5 weeks. In other words, the REO agents longing for more supply as the demand is strong.
As of March 2012, most of these properties have multiple offers. ... more
0 votes 8 answers Share Flag
Sun Oct 30, 2011
Anna M Brocco answered:
Since no link is visible, either directly contact the listing agent, or any local agent/realty office can also help, they all have access to the same information, or consider working with an agent of your own. ... more
0 votes 1 answer Share Flag
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