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Santa Clara : Real Estate Advice

  • All309
  • Local Info24
  • Home Buying169
  • Home Selling11
  • Market Conditions8

Activity 252
Sun Nov 6, 2011
Eric J Soderlund answered:
There are options within the Short Sale Addendum that deal with this. Check out the web reference below. I wrote a blog specifically on this matter. Let me know what you think.

Best regards,

Eric Soderlund
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0 votes 15 answers Share Flag
Fri Aug 2, 2013
Norman Alessandrini Warren Weston answered:
So what is important to you? your childrens education? resale value? ease of commute? investment property for rent? Price for what you are purchasing? If you break down what it is that you need and want then the answers will be a lot easier to give. Please advise.
At your service,
Dre# 01397256
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0 votes 7 answers Share Flag
Fri Jul 20, 2012
Dan Tabit answered:
They do, but they are rare and often do not work out well. If you pursue this, make certain you have an agent with experience and that the deal is better than your alternatives.
One alternative is to repair your credit so that you would qualify to purchase with a conventional loan. You'll need to do this when the option becomes due on a lease option. You may find that you can improve your credit and save some money providing you with more options than getting locked into a lease option now.
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0 votes 16 answers Share Flag
Sat Nov 3, 2012
Terri Vellios answered:
Starfish, that is always a subject of debate. You can have PG&E do a free test.

You will hear a lot of debates on this. Resale is what you will also want to take into consideration, because if you are questioning it, so will others.

All the best to you.
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0 votes 4 answers Share Flag
Tue Oct 25, 2011
Sam Shueh answered:
Suggest you talk to a VA mortgage guy get preapproved first. Only % of the potential income is counted as income due to vacancy. Will need a signed lease for approval.
0 votes 2 answers Share Flag
Sun Nov 20, 2011
Angela White answered:
The primary reason for the difference in appreciation and home value pricing with Fremont vs. Cupertino is Cupertino is Peninsula living and Fremont is East Bay living. East Bay living has lower appreciation because it is a different lifestyle. Those willing to live in Fremont are willing to live in many other communities. Those wanting to live in Cupertino, only want to live in Cupertino.

Pros and Cons I will be happy to explain to you in person.

Answer 3 is no, not really, as there are older townhomes in Rivermark area. It is proximity to Peninsula living which is entirely different than East Bay living.
If you are ready to purchase, I have an 3 available client openings in my schedule at the moment.

Angela White
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0 votes 14 answers Share Flag
Sat Dec 15, 2012
Dan Tabit answered:
A legal asbestos abatement must be done under controlled conditions by licensed professionals. The cost will depend on many factors that need to be seen to be estimated. In addition to removing the existing duct system you will need a new one.
I'm afraid you will need to have some companies out to look over the project and give you estimates. Some heating companies may have connections to asbestos abatement firms or you may need to get separate estimates.
Electricians will need to see your panel to give you an accurate bid too.
I spent many years in HVAC, so I know a little about what you are dealing with. Get some estimates from licensed pros.
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0 votes 3 answers Share Flag
Wed Aug 30, 2017
Michael Abram answered:
Hello PQ,

There are a lot of factors that go into making the loan process go smoothly and quickly. Make sure to provide all documention to your loan officer in a timely manner so the process doesn't get delayed. 30 days isn't unreasonable, but you should trust the loan officer is moving quickly and prioritizing your file. Good luck!

Michael Abram
First Capital Mortgage
NMLS #235060
Direct: (310) 434-1718
Cell: (310) 995-0975
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0 votes 30 answers Share Flag
Fri Oct 7, 2011
Terri Vellios answered:
The City of Santa Clara is a good resource. The building and planning commission would have minutes from meetings on these questions. You can also attend the some of the meetings to be informed about your city.

All the best to you.
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0 votes 2 answers Share Flag
Sun May 6, 2012
Walter 'Skip' Kersten answered:
Hi Need2sell,
In my opinion any settlement for less than full value will have some negative impact to your credit.
Good luck,
0 votes 12 answers Share Flag
Fri Sep 23, 2011
Anna M Brocco answered:
Where would you be happiest living...which property best suits your wants, needs, lifestyle, etc., the most...a decision only you can make based on your personal preferences...
0 votes 7 answers Share Flag
Thu Sep 22, 2011
Grace Hanamoto answered:
Hi Inquiring Mind:

Unless your lease specifically states that your security deposit will gain interest at a specific rate, the answer is "no" and the assumption is that there is NOT any interest earned on the security deposit.

Sorry about that!!

Grace Morioka
Area Pro Realty
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0 votes 3 answers Share Flag
Mon Aug 29, 2011
Andrea Wince ~ Lic. 01439761 answered:
Make sure your agent runs the sold comparables and shows them to you. Conduct a thorough home and termite inspection prior to removing those contingencies. Also, if you are paying cash, invest in an appraisal. Your own due diligence will reveal whether or not it is a wise purchase. ... more
0 votes 5 answers Share Flag
Wed Aug 24, 2011
Robert Chomentowski answered:
Even with 10% down you still need to qualify with your income and credit as much as you would with a 3.5% down FHA loan. With 10% down you have some great conventional loan options with a lot less mortgage insurance than FHA. ... more
0 votes 9 answers Share Flag
Sat Aug 6, 2011
Andrea Wince ~ Lic. 01439761 answered:
What specific services do you want of an attorney? If you need market value comparables, I can provide them for you in your desired neighborhoods in Santa Clara. Please email me through my Trulia profile and I will email back a complimentary list for you. ... more
0 votes 3 answers Share Flag
Sun May 12, 2013
Boris Russanov answered:
Your experienced local Real Estate Agent can provide this information for you.
0 votes 3 answers Share Flag
Thu Jul 7, 2011
Nina Daruwalla answered:
Hi Ritarege,

Asking lots of questions is Good, then you are making an informed choice! I have Sold Property in the Rivermark area, just last sunday went to my clients "meet the new baby" party :O)
Are you working with a Realtor?? Have them help anwer your questions goes:
1. If you can afford it, better a Single Family than a TH, what do you like??
2. The Price is as Low as it can get, and has bottomed out end last year early this year! My clients bought 2 yrs ago in $900hundreds....
3. Properties will appreciate, but very slowly, economy ia still recovering, not boomimg!
4. Don Callejon is increasing, but impacted, cause everyone in that area want that school.....only school dist can decide on Attendance issues - CALL tham for that ques, and Confirmation on the New HS.
Wishing you only the Best, Contact me if I can hep you. References provided.
Be well and Safe, regards,
Nina Daruwalla
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0 votes 4 answers Share Flag
Sun Jun 26, 2011
Andrea Wince ~ Lic. 01439761 answered:
Personally, I do not know any Realtors who handle rentals. I hope one here on Trulia will respond to help you, however, the MLS has very few rentals. Trulia has a new and abundant rental section that you can browse and Craigslist is also a good resource for rentals as well. ... more
0 votes 6 answers Share Flag
Wed Jun 29, 2011
Tina Lam answered:
One word - litigation. As such it's all cash offer only. That reduces the buyers' pool and hence the prices. I have shown it to many clients. The complex itself is nicely laid out and well maintained. But location wise, it borders Agnew on one side and the train track on the other. So you need to get the inside units. The builder may be Citation Homes. You should call HOA to confirm.

If you have the cash and can ride out the litigation, you may be rewarded by a nice appreciation after a few years. If not, then we can help find other nice condos in the area.
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0 votes 1 answer Share Flag
Tue Aug 30, 2011
Daniel Berman answered:
There are often discrepancies between County records and reality.

Buyers with these types of concerns are always well-advised to visit the appropriate department at the city in which the house is located and talk with someone there about the property in question. The personnel at cities can be a veritable wealth of information.

You are also well-advised to examine the seller's disclosures thoroughly and ask any questions about any ambiguities.


Daniel Berman
Pacific Century Realty
Buyer Rebates to 50%
Listing Commissions as Low as 1%
Multilingual Services
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0 votes 10 answers Share Flag
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