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Mission San Jose : Real Estate Advice

  • All29
  • Local Info4
  • Home Buying13
  • Home Selling0
  • Market Conditions2

Activity 26
Tue Jun 28, 2016
nishasahjani asked:
Sun Aug 16, 2015
Susie Kay answered:
I would suggest that you contact a lender or two. You can start with your own bank and go from there or contact Richard below.
0 votes 3 answers Share Flag
Thu Feb 12, 2015
Arthi Keat asked:
I heard that a few properties on Bryant street have a historic significance which would deny potential buyers to make any kind of modifications to the already existing structures. Is that…
0 votes 0 Answers Share Flag
Mon Oct 13, 2014
Steve Burgess answered:
Well you truly seems to be a good pet lover.That is why it would be better for you to own a property rather then going for a rental scheme. Since rented accommodation doesn't provide any guarantee for sticking around for a long time. For this reason owning is better for you & your pet too. You can also avail housing with low rate of interest to find a permanent accommodation for you guys. ... more
0 votes 1 answer Share Flag
Sat Jul 19, 2014
Robert Lei answered:
Prices in Silicon Valley always seem high when compared to other parts of the country. I remember when people thought prices were out of control when we had to pay $200,000 for a single-family home in Cupertino's Rancho Rinconada. Prices went higher and higher, then when the downturn hit, it still didn't go back down to $200,000. Real estate is better than stocks in that it is a real asset which you can live and sleep in and there is a limited amount of land available and more people are born everyday so the growth in demand outstrips the growth in supply. ... more
0 votes 3 answers Share Flag
Fri Jul 18, 2014
Robert Lei answered:
I hope you bought lots of property during the downturn. Based on the date of your question, you were one of the early people to jump right in. Sounds like you must have benefitted handsomely. ... more
0 votes 11 answers Share Flag
Fri Jul 18, 2014
Robert Lei answered:
Yes, it is a good strategy to buy in a good school district if you think you might sell in just 5-7 years. Properties in good school districts tend to keep their value better if we happen to see a down market and rebound the quickest and highest in an up market.

For Fremont Mission San Jose School District, you should be careful to buy only properties that are safely near the center of the attendance zones. In the past, Fremont has had some issues with having to redraw the lines due to overcrowding.
... more
0 votes 12 answers Share Flag
Thu Jul 17, 2014
Ali Qureshi answered:
Hello Kiran,

You are on a great platform to connect with some great agents. There is plenty of land opportunities to build. What price range are you looking at?
0 votes 6 answers Share Flag
Sun Apr 6, 2014
Dhoang3400 answered:
Hi,

This message is for those who didn't purchase a home @Mission Estates in 2009-2010. Location is very important, however, when the market is up, anything and everything goes!!! Basically, you missed your opportunity to make a huge profit during the downturn and now you can only dream of those old prices. The location of my previous home in Mission San Jose was backed up to Mission Blvd and next to the power line sold in 2010 for twice as much as what I paid for it originally. So location is not the only factor you should be looking at, market trend is another factor. Every home will eventually have a buyer. What more can you ask for, buy a new home at Mission Estates with good schools during the downturn and resell for a huge profit 10-15yrs down the road. ... more
0 votes 35 answers Share Flag
Sun Mar 9, 2014
The Medford Team answered:
The best approach is to establish a relationship with a local realtor who will walk you through a comprehensive comparative market analysis for the property. At the end of the day, any property is worth what a buyer is willing to pay for it and in these days of freshly minted IPO money, there is a lot of cash available for homes like these, so the sellers are obviously eager to cash in when they can. ... more
0 votes 7 answers Share Flag
Mon Jan 28, 2013
The Medford Team answered:
Guess what … if the listing has the logo for RealtyTrac ...

Then what you are seeing is NOT an actual listing … it is an advertisement for RealtyTrac.

RealtyTrac is a provider of data for distressed homes. This data is used by investors and Realtors to track distressed homes. When you see the RealtyTrac logo, you are not looking at a home that is actually available for you to buy: what you are seeing at is either (1) the notice of default for one of the mortgages on the property in question, (2) a notice of an impending trustee sale or (3) a notice of a completed trustee sale.

RealtyTrac notices can be very deceptive because they usually give loan amounts, not the purchase price or fair market value. When and if this particular property hits the market, it will be at market price for the neighborhood.

Bottom line: RealtyTrac is trying to get you to sign up for their service.

The following links may be helpful:

When Is The Price Not The Price?
http://bit.ly/p11iq

It’s Too Good To Be True: REALLY – Top 4 Buyer Myths
http://bit.ly/4PKTHT

If you want to know when these or similar properties will actually hit the market, have a Realtor set you up with an auto-feed that will alert you the moment they become active on the MLS.
... more
0 votes 4 answers Share Flag
Thu Jun 14, 2012
Kanwal Chaudhary answered:
Hello Ira
Most landlords will allow section 8 and it say so in their rental ad, "Section 8 OK"
Please let me know if you need any other help.
Ken
0 votes 1 answer Share Flag
Sat May 12, 2012
Jason Huang answered:
i use RealtyJuggler

http://www.realtyjuggler.com/?Source=nihow99%40gmail.com

i did tried top producer,act.outlook.etc...lots lots other CRMs. I spend too much $$$ on CRM....

RealtyJuggler is working for me. ... more
0 votes 4 answers Share Flag
Wed Mar 7, 2012
Laura Feghali answered:
Hello Mkda,
Thank you for posting more information about your home. Since you already have two tubs in the home, I would only add a second sink in the master bathroom and keep your needed storage space. Sounds like your master shower is pretty nice!

Good luck on your remodel!

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 6 answers Share Flag
Thu Jan 19, 2012
The Medford Team answered:
Yes - there are experienced agents here.

Truthfully, you are going to have a hard time finding a CAP rate in the bay area that is as high as 8%. They are out there, but they are all typically condos and many are currently in litigation - which is why their prices are so low. If you are willing to buy with 100% cash, then these might be a possibility.

You can get a higher ROI, but that's not what you asked for.
.
... more
0 votes 4 answers Share Flag
Thu Jan 12, 2012
Lisa T. answered:
SK,
I'm a licensed structural engineer and do both architectural design and structural engineering. Our office is located in Fremont Mission San Jose. Please feel free to call or email me to schedule a time to meet up at the property.
Lisa Tse, S.E., LEED AP
Integrand, Inc.
510-299-7520
lisat@integrand-inc.com
... more
0 votes 5 answers Share Flag
Sat Jan 7, 2012
Mindy asked:
Hi -- if a real estate income investor has an option of buying a multiplex versus a bunch of condominiums, which strategy is better and for what reason? I'm sure there's no right/wrong…
0 votes 0 Answers Share Flag
Mon Jul 18, 2011
The Medford Team answered:
We cannot make this decision for you – there are so many more factors involved than those you have listed. It would seem obvious to me that you want to live in a home where the landlord will assume responsibility for issues that go wrong. I own rentals myself and it is our policy to correct issues as they arise. There are other more important issues: proximity to major streets, railroad tracks, safe places for children to play, overall security and safety, convenience – just to name a few.

My recommendation here is to go with your gut – make the choice that feels the best for you and your family.
.
... more
0 votes 1 answer Share Flag
Wed Mar 9, 2011
Dq asked:
0 votes 0 Answers Share Flag
Sat May 15, 2010
Ss answered:
Hi Marlene,

Thanks for your answer, this is the information I was looking for. It is not located at an entrance or exit and the freeway wall is about 80 to 100 yards away from the property back yard. I could hear some noise but there is a high wall in between, so some what less noise.

Thanks
SS
... more
0 votes 6 answers Share Flag
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