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95032 : Real Estate Advice

  • All24
  • Local Info4
  • Home Buying11
  • Home Selling0
  • Market Conditions1

Activity 73
Sat Jun 1, 2013
Mike Scherer answered:
You are a little remote out there. Overall the people in the Los Gatos mountains are wonderful, very few snobs, lots of people who care about their community and their neighbors. There are lots of activities for kids both at the Loma Prieta campus and downtown Los Gatos. Being so far out there you realize that you have to give up convenience for price. It looks like a very nice home on a nice lot at a very good price. I wish you the best! ... more
0 votes 7 answers Share Flag
Mon Feb 18, 2013
Terri Vellios answered:
Los Gatos, Campbell, Cambrian, Saratoga, Cupertino, Evergreen, Almaden Valley are just a few of the areas which have desirable schools.

You can go to Great Schools. net and do some more research on schools.

As for rental prices go to

Have an amazing day and best of luck in moving to our area.
... more
0 votes 2 answers Share Flag
Fri Feb 1, 2013
Ron Thomas answered:
If you've got that kind of money, you can do whatever you want.
No, it is not odd;
They tested the market, and didn't like the answer.
0 votes 7 answers Share Flag
Mon Jan 21, 2013
Keith Jean-Pierre answered:
Home currently has an offer in acceptance according to multiple websites.
0 votes 2 answers Share Flag
Mon Jan 7, 2013
Mike Scherer answered:
Craigslist is the best source. We do property management but have nothing available at the present time. If you go to my website and do a search for rentals in the areas you prefer, an automated email will be sent to you whenever a rental home gets listed on the mls. Also, we send out an email blast whenever we have a new rental coming up. Good luck! ... more
0 votes 3 answers Share Flag
Wed Dec 26, 2012
David Haidar answered:
Michelle, this location was approved to build a 2200 sf home plus a 800 sf basement
So to answer you question, this is a single building site that was graded and approved. there are many fees involved but roughly speaking it will cost more than $500,000 to build this home in Los Gatos. I have some recoomendations, so please call me when you have time, 1510=992-3873
Merry Christmas
... more
0 votes 3 answers Share Flag
Tue Oct 30, 2012
Gail Thomson answered:
Rentals in Los Gatos schools are few and far between unfortunately which means there's a price premium. The best place to look is Craigslist. I'll keep my ear to the ground and can let you know if I hear of something coming up. My kids are in Blossom Hill too.

How long are you planning to rent for?

Gail Thomson | DRE 01444563 |
Cell: (408) 205 3758 | Office: (408) 357 5710
Intero Real Estate Services
518 N Santa Cruz Ave, Los Gatos, CA 95030
... more
0 votes 1 answer Share Flag
Thu Apr 28, 2016
Julie Wyss answered:
here is who i reccomend, with Old Republic

Art Pratt
800-282-7131, ext 1232
0 votes 6 answers Share Flag
Fri Jun 21, 2013
Tom Rollett answered:
Hi Katherine,

Please contact me and I can recommend some reliable contractors. And generally, the land and construction loan can be wrapped with about 50% down.

Tom Rollett,
408-398-7005 ... more
0 votes 9 answers Share Flag
Wed Aug 27, 2014
The Medford Team answered:
I’ve never heard of single case where a homeowner managed to do it on their own. However, there are a few reputable companies out there – we’ve actually seen so very successful mods. You have to be SO careful about who your choose – as you’ve seen, there are SO many scams out there. ... more
0 votes 5 answers Share Flag
Thu Aug 8, 2013
Peter Mohylsky answered:
Possibly, but I am not sure I would participate if you were not planning on staying in the house long enough to recover the investment. It is very similiar to any other upgrades.
0 votes 11 answers Share Flag
Wed Oct 16, 2013
Nomita & Jagi Shahani answered:
Putting multiple tiny houses on one large lot may be difficult. It really depends on the zoning in that specific area, and whether the lot is sub-dividable. Is the lot on city property or county land? You have to talk to the appropriate Planning Department and find out if the land can be sub-divided. if they will entertain that, you then have to go through a lengthy process -- which varies from city to city.

Hidden costs could include lot improvement, clean up (if there are environmental issues), and more.
... more
0 votes 4 answers Share Flag
Sat Jun 1, 2013
Terri Vellios answered:
You have an agent who is most familiar with your contract. They should be advising you. Your rights are printed on the Contract you and the Buyer signed and any extensions and notice of performances issued. There is no harm in contacting your agents managing Broker and reviewing your options in the contract.

All the best to you.
... more
0 votes 13 answers Share Flag
Sat Jun 1, 2013
Mitchell Pearce answered:
Doug P:

In order answers are:

1) very rarely, as in extremely rarely, as in rarely enough to not worry about, this happens.
2) Yes, after discussing it in house.
3) No you don't have to be an all cash buyer to compete. You have to have your finances ready for the purchase and be able to prove you can complete the deal you offer. Not all of Los Gatos is on fire price wise. Prices are still substantially less then before the bubble burst. Los Gatos will always be a high priced area in the 95030 and 95033 areas. These are the real Los Gatos Schools zip codes.

As far as 1 and 2 are concerned, this is an old tried and true sales pitch for trying to catch the unsuspecting buyer into being represented in his search for homes by the agent in the open house. The fact of the matter is that sellers want their home on the open market before making a decision to accept an offer because that is the only real way they can gauge whether they are getting a fair price for their home.

Stay tuned. I am meeting with a seller in Los Gatos 95033 zip code on Sunday. If I obtain the listing, would you like me to tell you about it before I put it on the MLS?

Mitchell Pearce
... more
0 votes 11 answers Share Flag
Fri Aug 24, 2012
Tina Lam answered:
If the price is right, then there's nothing wrong with buying a house like that. Of course, we don't know what you mean by "a good idea". Are you looking for return on investment, lifestyle, or quality of schools? Those are conflicting goals that you'll have to balance out. ... more
0 votes 6 answers Share Flag
Sun Aug 5, 2012
Pat answered:
Sun Jul 29, 2012
Megan Archer answered:
Home is pending as of 7/11 and supposed to close 8/10. Home has a lot of deferred maintenance and is to be purchased strictly in "as is" condition. Agent requested that offers be all cash because a lender would not finance in it's current condition. ... more
0 votes 3 answers Share Flag
Thu Jul 26, 2012
Terri Vellios answered:
It is a pending sale. It is a short sale that went under contract on 5/31/2012 and an estimated close date of 9/3/2012.

Los Gatos Mountain homes all have interesting stories in one form or another due to their uniqueness. ... more
0 votes 4 answers Share Flag
Wed Jul 25, 2012
Terri Vellios answered:
It's a small house on a huge lot. Not in Los Gatos School district and close to highway. It's been on the market for 44 days

What are your main concerns?
0 votes 2 answers Share Flag
Sat Aug 11, 2012
Terri Vellios answered:
That is a tall order for a 3 bedroom house in Los Gatos Schools. You'll need to up your budget.
0 votes 4 answers Share Flag
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