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General Area in 95122 : Real Estate Advice

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  • Local Info0
  • Home Buying17
  • Home Selling3
  • Market Conditions0

Activity 65
Mon Apr 22, 2013
Richard Matusich answered:
My guest between the different boards in Santa Clara County I think the number is around 8000-8500
board members. The number of brokerages would be around 2,000 both large and small brokerages.
Richard Matusich Realtor DRE#00358728
... more
0 votes 5 answers Share Flag
Wed Apr 3, 2013
charles butterfield answered:
I would say that Cupertino appears to be the hottest with respect to the amount of buyer demand, multiple offers and overbids over the most recent comparable closed sales.
0 votes 3 answers Share Flag
Fri Jan 25, 2013
charles butterfield answered:
Thank you for your question, Meckel:

Your best source is someone who spends his or her life looking for the best deals for their clients.

I recommend that you talk with a number of REALTORS who specialize in finding properties that need a great deal of work for their clients to fix up and resell at a profit. Then select the REALTOR who will represent your interests the best for you.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
... more
0 votes 4 answers Share Flag
Sun Feb 16, 2014
David Sciplin answered:
Streets around the Story & Capitol Expwy area are nicely improved. Investors were buying and flipping homes around the Reid Hillview airport. Homes in the Alum Rock near King area before the hills are selling fast when sellers are being reasonable. New construction is in West San Jose around Hamilton and San Tomas and Stevens Creek and Winchester. I'm just waiting to see the traffic in the area once the units are sold. The overpass and freeway exchanges at Stevens Creek & 880 are being redone.

David Sciplin
Coldwell Banker Residential Brokerage
david.sciplin@cbnorcal.com
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0 votes 6 answers Share Flag
Sun Nov 11, 2012
Terri Vellios answered:
Do you realize you have posted a question about the UK under San Jose, CA USA?
0 votes 2 answers Share Flag
Wed Oct 3, 2012
Thuan Nguyen answered:
Hi tuanphung72,

For the that price range, the two "zip" codes you would want to search will most like be 95148 and 95121.

There aren't many choices in that price range, if you are shooting for Evergreen High School. I know the area pretty well, please call me if you need more help.

Thuan Nguyen
408-459-8382
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0 votes 2 answers Share Flag
Mon Sep 30, 2013
Ron Thomas answered:
You may find that the garbage cans may only be out there for 1-2 days before pick-up; call the city and have him cited.

The street belongs to him, as much as it belongs to you.

You have to ask yourself; what is LEGAL and DEVIOUS? ... more
0 votes 10 answers Share Flag
Thu Jun 28, 2012
Daniel Shi answered:
Assuming you're spending 2k/mo on a good rental, West San Jose area may be a good fit for you, zip codes such as 95117, 95129. It's bordering Cupertino, Campbell, and very close to Santana Row & Valley Fair Shopping Mall, where you shall easily find good bars, restaurants and other amenities. Another zip code is 95125, the prestigious San Jose Willow Glen area. Still another zip code 95008 Campbell, though not in San Jose but surrounded by, the Pruneyard area in Campbell has plenty what you're looking for.

Daniel Shi
dshi@sogorealty.com
1.888.785.8818 ext.100
http://SoGoRealty.com
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0 votes 9 answers Share Flag
Thu Jun 28, 2012
Elena Talis answered:
I am not currently aware of any companies specializing on placing tenants. I think Craigslist will be your best source.
0 votes 5 answers Share Flag
Fri Jun 22, 2012
charles butterfield answered:
There is no customary rate of Brokerage Fee on a commerical Lease or any other type of Real Estate Transaction, for that matter.

All fees are negotiable between the Real Estate Broker and the Client.


Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
... more
0 votes 6 answers Share Flag
Mon May 7, 2012
Terri Vellios answered:
I raised my sons in Cambrian. We had a 1960's two story home with a pool. Our utility bills changed so often depending on our usage. As we upgraded the home it changed and the cost of utilities changed as well.

The best source for this is to ask the seller of a specific home what their cost for Gas, Electric and Water. It can vary so much. Is the home insulated and if so what type? Roof Type? Which direction does the house face? Are there trees to shade the home of is it in the sun? Are there double pane windows? How new are the appliances? Do they have an use air conditioning? A pool? Hot Tub? Gas or Electric appliances? What type of water heater?

As you can see it can vary and I would not through a number out because it would be too general in nature.

Have an amazing day!
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Tue Nov 27, 2012
Ron Thomas answered:
Not bloddy likely:
If there was a bidding war and the winner was unreasonably high, the Appraisal will bring everyone back down to earth.

About the only way to pay too much for a house now, is to pay CASH, and anyone who does that, deserves what they get. ... more
0 votes 23 answers Share Flag
Mon Apr 23, 2012
charles butterfield answered:
Thank you Sam:

It appears to me that we are in the middle of a buying frenzy. We have pent up demand from last few years of people sitting on the sidelines waiting for the market to continue to go down.

Now that the market is going up, that seems to bring even more people from off the sidelines and who do not want to be left behind.

Every offer that I write for an offer for a client, I am up against multiple offers and huge overbids over list price. Two weeks ago on one property, I was up against over 30 other offers.

Listing agents are no longer accepting appraisal contingencies and are requiring the buyer to make up the difference in cash when the property does not appraise. Even the Banks that are selling REO properties are requiring that.

Essentially in this buying frenzy any property that is decent, and even if it is not so decent, is sold with multiple offers in a matter of days. there is no way to build an inventory when the homes are sold within days of being placed on the market.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
... more
0 votes 2 answers Share Flag
Mon Apr 23, 2012
Terri Vellios answered:
Tue Apr 24, 2012
Chris & Michelle Spalding answered:
After obtaining a signed and accepted purchase contract the listing agent will update the MLS with either AWC or Pending. An AWC status continues to market the house and a pending status removes it from active views, including here on Trulia Are you asking why your home for sale is still showing active rather than pending? And are you seeing that on Trulia or some other site?

Depending on when your agent received the offer, it could just be as simple as they have not had a chance yet to update the MLS in your local area. Once MLS is updated then the other sites should follow suit soon after. Keep in mind however, that unlike a local MLS database that your realtor has access to, websites such Realtor.com, Trulia and Zillow as an example, are not REAL-TIME data.

Congrats on the sale of your home!

Chris Spalding
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0 votes 10 answers Share Flag
Wed Apr 11, 2012
charles butterfield answered:
Thank you for your question:

Yes, Real Estate prices are currently artificially depressed. It does not make sense to sell Real Estate now unless you are forced to sell.

Also, Appraisals are artificially low right now. Even the banks that own Real Estate recognize this. Many of the banks are selling their foreclosed properties, that if the property does not appraise, the buyer is to make up the difference in cash.

Currently I am seeing many buyers with all cash or down payments in the range of 40 to 50% or more. These sales at higher prices, above appraised value, will be the new comps and prices will rise.

The market that we see today is very similar to the market that we saw in 1986 and 1987 when the economy was rebounding. We had several years of pent up demand, and interest rates were coming down for the 20% rates that we had in the early 1980s.

The all cash buyers, and the buyers with large down payments picked up the bargain priced properties and bid the prices up. When the appraisals caught up with the market the prices took off in 1988 and 1989.

Now is the time to buy Real Estate not sell it. People who have homes to sell today are waiting for the inevitable price rise before they put their homes on the market.

The current rebounding economy and the pent up demand from the last few years will force up Real Estate prices in the next few years.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address: charlesbutterfieldbkr@yahoo.com
DRE#00901872
... more
0 votes 10 answers Share Flag
Fri Oct 10, 2014
Terri Vellios answered:
I suggest you shop around. Prices change by store. Here are some suggestions;
University Electric
Sears
Home Depot
Costco

It depends on what you are looking for.
0 votes 16 answers Share Flag
Thu Mar 1, 2012
Jeremy Lehman answered:
I bet redfin.com has some. Try that...unless you want the list to evaluate the value of your home. Then contact an agent in the area from the most active agents here on Trulia or a recommended one from friends or colleagues. ... more
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Wed Mar 14, 2012
Charles Coachman, SRES answered:
You definitely have distinct neighborhoods within San Jose. Is there an area that you have an interest in? East San Jose, West San Jose, North San Jose & South San Jose, they all are comprised of different neighborhoods, good & bad in each.

Have a great day!

Charles Coachman
... more
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Sat Nov 3, 2012
John Demarinis answered:
If your concern is being in a great school system your best option would be looking at Dublin. All the Schools in the area are rated very high if you want to search this out a little bit more check out eduation.com this can give you the rating on the schools in different locations and maybe narrow down your search. ... more
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