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95116 : Real Estate Advice

  • All9
  • Local Info3
  • Home Buying0
  • Home Selling0
  • Market Conditions0

Activity 7
Tue Apr 18, 2017
Mary answered:
Hi,

I apologize for the inconvenience this has caused you. Kindly please allow 24 to 48 hours for the listing to completely syndicate to Trulia.

Let me know if you have any questions and I will be happy to assist you.

Thank you for using Trulia!

Mary
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Sat Jun 6, 2015
Cindy Davis answered:
Suggestion: Stop using Zillow for shopping active listings. You would get far more accurage information by using either a local Realttor's website or Relator.com.

Trulia does not update or delete listings which is why they show up forever. ... more
0 votes 1 answer Share Flag
Wed Apr 8, 2015
Olufemi8 answered:
Me and my wife just bought a building and got a 203 loan, at the closing no one showed up but us and the lawyer not there lawyer. So we signed all the paper work and a week later they said the building is yours. We had a construction loan added to that to get a new porch, garage, and fix the basement. Now the porch is done we can't get in contact with the people to pay out to the GC, now my wife feels like it was a scam and we don't even own the building. What should we do? ... more
0 votes 7 answers Share Flag
Fri Jun 22, 2012
Sam Shueh answered:
That depends on the length and what the commercial realtors do for you.
If it is for sale, 1 year lease at 3-4% for an office does NOT even cover the big LEASE SIGN invested.

Sam Shueh
Keller Williams Realty
... more
0 votes 6 answers Share Flag
Thu Mar 22, 2012
Elva Wormley answered:
Hi Kim,

The interest rates are better for second homes vs. rental properties. However, for the property to be considered a second home it must be in a location remote in distance from your primary residence and cannot be located in the same metropolitan area.

Best regards,

Elva Wormley
C2 Financial Corporation
... more
0 votes 3 answers Share Flag
Thu Sep 16, 2010
CJ Brasiel answered:
Bechuot

Here is the City of San Jose brochure link for "in-law units".
http://www.sanjoseca.gov/.../secondunit.../secondary_units_brochure.pdf

From the brochure - Highlights:

MINIMUM LOT SIZE
• Attached unit – 6,000 sq. ft. lot– an attached unit is structurally
connected to the main house
• Detached unit – 8,000 sq. ft. lot–the unit stands independent
of the main house (minimum 6 feet from the main house)
MAXIMUM UNIT SIZE Lot 9,000 sq. ft. or less - 600 sq. ft.
Lot 9,001 - 10,000 sq. ft. - 650 sq. ft.
Lot 10,001 sq. ft. or greater - 700 sq. ft.
MAXIMUM NUMBER OF BEDROOMS One
MAXIMUM BEDROOM SIZE 400 sq. ft.
MAXIMUM NUMBER OF BATHROOMS One
MAXIMUM CLOSET/STORAGE SIZE 60 sq. ft.
REQUIRED PARKING One open or covered parking space
outside of front and side setbacks (this is in addition to those
spaces required for the main house)
SITE CRITERIA
• Attached unit – Same setback requirements as main house
• Detached unit – Same setback requirements as main house
• Must be behind the main house
• Minimum of six feet from existing structures
• Maximum height = 18 feet. Average height = 14 feet
• Maximum 40% rear yard coverage for total of secondary
unit, accessory buildings and structures
DESIGN CRITERIA
• Exterior materials must match main house
• Roof pitch and form must match main house
• Front door elevation must be different from the front door to
main house
• Windows shall not have views into adjacent residences or
backyards of residential properties


Hope this helps.
CJ
... more
0 votes 3 answers Share Flag
Tue Oct 6, 2009
Mario Pinedo, Ccim answered:
Definitely there is a good rental market in 95116. If you are priced correctly, then you should be able to rent your unit within a couple weeks. When buying for investment (both rental and resale) you should look at the property with a certain focus. Certain bedrooms and baths combo rent better than others. A small sized 2 bed/2 bath is preferrable to a spacious 1 bedroom unit. Also, certain ammenities, while not hugely beneficial to higher rents, will make big impact when you sell the unit (garages, outdoor private space, top floor units, etc). You may also consider a duplex/fourplex which will eliminate the HOA fees and give you a far better GRM (gross rent multiplier). ... more
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