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Santa Clara : Real Estate Advice

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  • Local Info24
  • Home Buying168
  • Home Selling11
  • Market Conditions8

Activity 252
Sat Nov 3, 2012
Terri Vellios answered:
Flight paths have been in place for years now so that isn't going to change values. As for the stadium that is a ways out. What you will want to review is how your house will be affected by traffic.

When the Shark stadium was built in San Jose it created jobs and brought money to the downtown. New businesses opened up and that brought cash flow to the city. In turn that cash flow allowed for city spending and funding for housing. People purchased high rise condos and the property tax income flows right back into the city. It changed the surrounding area of downtown for the better.

Let's see if the same circle of economic life plays out in Santa Clara. One should hope so.
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Sat Oct 6, 2012
John Bonfiglio answered:
Sat Sep 29, 2012
John Souerbry answered:
Can you clarify your question?
Are you asking if the landlord can have work done on a rental after he has given notice to a tenant to pay rent or quit?
As long as a tenant occupies a rental, they have the right to "quiet enjoyment" of the rental. In other words, the landlord can't send in a crew to intall upgrades that would inconvenience a tenant or deny use of all or part of the property. The landlord CAN make repairs, but generally not upgrades unless you agree to them. Until your lease expires or you are legally evicted, all your rights as a tenant remain in place. Even if you fall behind on your rent.
The question of sublets is a bit more complicated. Some landlords structure their leases so that the sublet agreement is more between the landlord and subtenant than it is between tenant and subtenant. They do this to have more control over the subtenant in the event that the tenant becomes a flake. Other landlords go the other way, making the subtenant the complete responsibility of the tenant and making the subtenant agreement void if the primary lease is terminated.
If you're having trouble with either of these issues, I recommend you speak with an attorney who specializes in landlord/tenant law and can advise you properly on your specific situation.
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Wed Sep 26, 2012
Terri Vellios answered:
Call your Escrow and Title Company. You have a title insurance policy which states what is covered.
0 votes 9 answers Share Flag
Sun Dec 20, 2015
Terri Vellios answered:
In order to represent others in PM yes, you need a Broker's license. If you have a Broker's License you can be an independent self employed PM.

http://www.dre.ca.gov

Above it the California Department of Real Estate website. It will direct you to what you need to do to get a Broker's license. You have classes to take, test to pass, fees to pay, and possibly experience required.

Once you have your Broker's license you can still keep your day job. The laws on Trust Funds and handling of the clients money is very specific. Failure to comply can be very costly to you.

You may want to call other PM's and pick their brains. Perhaps they may be ready to take on an assistant. But I doubt it if you have a full time job, as what's in it for them.
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Wed Sep 26, 2012
Norman Alessandrini answered:
In an unfamiliar area your best bet is to get with an agent that knows your area of interest, market conditions, and what is important to you. The properties you posted are nice, but you put in a 2 bedroom one, did you mean too? Your goal is not undoable, but you need to understand Santa Clara and the other areas you mentioned are in a HOT MARKET so be prepared to face stiff competition,
Please feel free to contact me with any questions.
At your service,
Allyson
allyson@homesbyallyson.com
408-705-6578
Certified Distressed Property Expert
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Tue Sep 4, 2012
Nina Daruwalla answered:
Hi Joypsalm91,

Please do pair up with a good Realtor here in the South Bay......I work all the above areas. Then sit down and go thru a full Buyers meeting so both - you and the Realtor, are on the same page and can help you meet your needs. Otherwise you will be all over the place! Let me know if i can help,
Be well and safe, regards,
Nina Daruwalla
DRE#01712223
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Sat Sep 29, 2012
Grace Hanamoto answered:
Hi Valerie:

Unfortunately, as you already know, the rental market is pretty tough in some of the more desired areas around Santa Clara county. My suggestion is that you daily review postings on Craigslist, Rental.com, MLSlistings.com and here at Trulia. You can also contact some property management companies such as Cal Western to see if they have any homes or apartments coming up that might suit your needs.

Please be on the lookout for any rental ads offering homes for far less than the market rate because, more than likely, it is a scam. Remember, if its too good to be true...it probably is untrue.

Good luck! I'm sure you'll find something soon.
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Sun May 12, 2013
David Allen Rivas answered:
Impossible! Santa Clara county rents are way up and for a 3/2 your looking more like 2800+ Watch daily listings on craigslist.com and you might get lucky.
Best wishes and good luck.
0 votes 2 answers Share Flag
Thu Aug 16, 2012
John Juarez answered:
Su,

Many houses built in the 50’s are great houses and great values. Maintenance and upgrades – but mostly location – determines the value of these homes. A poorly maintained home with original features for the 50’s will be valued at far less that an attractive, well maintained, upgraded home from the same era.

Do not count on being able to build a new home on a smaller, sub-divided, lot without doing your homework. The city will have to approve any lot split and may not do so. Also, many cities have started to look at monster homes on small lots as undesirable and a poor fit for the neighborhood. A modern home that fits the neighborhood is a different story.

The property will appreciate based on its overall location and desirability and not based on who lives there.
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Fri Aug 17, 2012
Norman Alessandrini answered:
Hi,
The simple answer is No it wouldn't be accurate, get with a realtor and they can pull up the history and let you know when it was last sold and for how much.
If you have a specific property you would like to know about or would like some help with your search and purchase please feel free to contact me.
At your service,
Allyson
408-705-6578
allyson@homesbyallyson.com
Certified Distressed Property Expert
... more
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Wed Sep 26, 2012
Cindy Davis answered:
Ideally, both. Appraisers DO come to the home to assess condition, location, upgrades, etc.
0 votes 9 answers Share Flag
Sat Nov 12, 2016
Elena Talis answered:
For me it's the reputation, and not just the title company but the particular officer I am working with. Saying that, I had good experience with First American, Chicago Title and Cornerstone. ... more
0 votes 11 answers Share Flag
Wed Feb 25, 2015
Cindy Davis answered:
Good question...in San Diego, the norm is to split commission 50/50...I would call so short sale specialists in your area to see what's typical there.
0 votes 3 answers Share Flag
Tue Jul 24, 2012
Shirley Cheng answered:
I know there was a new listing there last week in the low $300k. If you're looking for a 2b/2bath then that is the price that is available. Give me a call and I can help you find one.
0 votes 1 answer Share Flag
Tue Aug 21, 2012
Andrea Wince ~ Lic. 01439761 answered:
Hi Matt, what are you looking for and in what areas and price range? If you'd like me to email you some listings that match your search criteria, please contact me through my Trulia profile. Kind regards. ... more
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Fri Jul 13, 2012
My NC Homes Team answered:
You're to be lauded for your ethical concerns. I don't personally see any particular reason this would need to be disclosed as long as you qualify to pay the rent. If the property owners lease application requires you to list your financial obligations (student loan,s credit cards, car payments etc, then you could list it, but that strikes me as a fairly invasive lease application. ... more
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Mon May 20, 2013
Elena Talis answered:
Have you tried craigslist? Most of the rentals are advertized there....
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Wed Jun 6, 2012
Tina Lam answered:
Alex,
The homes at Boulevard are in a desirable location (near Santa Clara University) and are priced accordingly. Prices are going up due to increased demand from buyers and a severe shortage of new construction inventory around the Bay Area. The property value offered by that unit for the price is very compelling. For that price, I can't find a bigger new unit.

As for your question about long-term appreciation, it'll take a crystal ball to answer accurately. But, you can take comfort in knowing that new construction units tend to perform as well or better than the general housing market. Being a long time resident of Santa Clara County, I don't see any significant deviations from the long-term growth trend. We had a hiccup in 2008-2010, but we seemed to be back on track again. So, if you're looking at 10-15 years, you'll very likely get many folds in return on your initial investment.
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Sat Jun 2, 2012
Ron Thomas answered:
You aren't serious, are you?

Assuming that you hire an Architect, go the route of a quality build; it could run $400 per sqaue foot, and that would be plus/minus $300/sqft.

There are just too many variables!
And does not include the permits.

You need to contact several good Contractors; and they probably are not here on Trulia.
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