How do I buy houses in San Jose at these prices ? Somebody knows something I don't ?

Asked by Barry, San Jose, CA Wed Jan 7, 2009

Recently sold homesRank
Sold price
Sold date
Lot size
Yr built

- 3623 Groesbeck Hill Dr, San Jose, CA - sold for $33,461 Jul 11, 2008 6 3 2,650 sqft 436 sqft 1987 $12
1 1524 Leeward Dr #1, San Jose, CA 2.49 mi $54,900 Nov 20, 2008 4 2 1,353 sqft 5,227 sqft 1968 $40
2 3678 Lightfare Ct, San Jose, CA 3.37 mi $55,000 Oct 14, 2008 3 2 1,402 sqft 4,792 sqft 1972 $39
3 2062 Pacina Dr, San Jose, CA 3.31 mi $65,301 Jul 30, 2008 4 2 1,664 sqft 5,663 sqft 1960 $39
4 1186 Raposa Dr, San Jose, CA 3.51 mi $66,000 May 19, 2008 4 2 1,633 sqft 6,098 sqft 1978 $40
5 525 Skall Dr, San Jose, CA 4.54 mi $73,500 Jun 13, 2008 4 2 1,215 sqft 4,792 sqft 1959 $60
6 125 Pala Ave, San Jose, CA 3.77 mi $32,000 May 30, 2008 2 1 602 sqft 7,405 sqft 1946 $53
- Average: 3.5 mi $57,784 Jul 31, 2008 4 1.75 1,312 sqft 5,663 sqft 1964 $46

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Kathleen Sha…, Agent, Gilroy, CA
Thu Jan 8, 2009
Can you see how all these answers are the same. We as licensed Realtors are not hiding anything from you. There are no such deals out there.....if there were, we would be buying them first.

This information you are reading is so much like the infomercials on TV, partial information that is basically untrue.

Again, get approved, find a good Realtor, check the MLS with them.
0 votes
Scott Godzyk, Agent, Manchester, NH
Thu Jan 8, 2009
Barry you are looking at transfers which are not the same as sales. The registry records, refinances, second mortgages, switch into or out of a trust, switch into an estate or out of an estate. Your best bet to find deals is through the MLS. A good buyer broker can give you an initial list of peoprties that meet your search criteria then update you daily with new listings or price changes. You need to see what is for sale, not what has been transferred or even sold.
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Ali Moein, Agent, Saratoga, CA
Thu Jan 8, 2009
Hello Barry,
As CJ mentioned this information does not show you the complete picture. Here is just an example of how "incomplete" this information is. Regarding 3623 Groesbeck, here is a cut and paste info from MLS:
80841889 12/13/2008 Sold $709,900

I'd be happy to discuss this in details with you.

Ali Moein
0 votes
CJ Brasiel, Agent, San Jose, CA
Thu Jan 8, 2009

If you are looking for great deals, ask one of us to help. There is a lot of misleading information out there.
Web site push information but it doesn't always tell the whole story. I am happy to sit down with you, at no obligation to purchase or hire me as your agent to discuss these or any other properties you might be interested in.

Web Reference:
0 votes
Rebekah Owen,…, Agent, San Jose, CA
Thu Jan 8, 2009
Hi Barry,

I am not sure where this info comes from but, I pulled up one of the addresses.

The same people have owned this property since 1993. They recently made some changes on the title including putting their name into a trust.

On another one, the records you pulled are one bank giving a trustee deed to another bank.

There are all sorts of title changes that have nothing to do with the "sale" of a property.

What are you trying to do Barry?

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