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Warm Springs : Real Estate Advice

  • All52
  • Local Info9
  • Home Buying32
  • Home Selling1
  • Market Conditions2

Activity 31
Mon May 6, 2013
Ron Thomas answered:
Overpriced compared to what?
Condos have the advantage of maintenance and security.
But they have the disadvantages of No land, No garage, an HOA looking over your shoulder as well as HOA fees, and being harder to sell, (among other things.)
No matter what you are considering; you should enlist a Realtor to give you the facts and figures.
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0 votes 8 answers Share Flag
Sun Mar 10, 2013
Brian Ripp answered:
Well, the number could have been wrong last year, or incorrect this year. You should contact the HOA for the numbers.

However, there are a lot of investors buying property - so there might have been a few investors in that complex. As well as homeowners keeping their condos and renting them out and moving up to a larger home.

It's not good or bad, it's just shows at this time there are more renters there. We hope the HOA will continue to maintain the complex and make it a great place to live.

Brian
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0 votes 1 answer Share Flag
Fri May 18, 2012
Pacita Dimacali answered:
Here's the story of someone in the same boat. When he bought his house, the previous owner added on an extension -- without a permit

When it was time for him to sell, buyers wanted the extension to be permitted. He even got into contract. But the process of getting a contractor to design the plan, getting the city permit department to approve the plan, and getting the work done took longer than he wanted, and the buyers backed out.

Other buyers didn't want to buy a house with unpermitted work, especially since this was already known to the city.

So the seller took time off, got the permits, got the extension done correctly (ripped out the old, put in new according to code), submitted request to have the additional 240 sq ft recognized and had the public records changed.

When done, he put the property back on sale (minus some $$ for the cost of permits and construction), but also sold the property quickly and at over his last list price.

If you choose to fight the city's assessment -- you may be asked to
1) remove the extension since it was done without permits,
2) get a permit and pay fines for the extension, and have the work done according to code

And if you choose #2, when all is done, go back to county records and have them reflect the correct square footage on the public records. When it comes time to sell, you have the peace of mind (and pride) that the extension is permitted and that the square footage is legitimate. It could be your competitive advantage over other houses that may come up for sale in your area but do not have the extra space.
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0 votes 3 answers Share Flag
Sun Sep 8, 2013
Dawn Rivera answered:
Hi, Ive never heard of anything as far as that goes. Your best bet is to call the city and find out.....Dawn
0 votes 5 answers Share Flag
Tue May 1, 2012
Anna M Brocco answered:
See link for helpful information http://www.epa.gov/radtown/power-lines.html
0 votes 7 answers Share Flag
Sun Apr 29, 2012
Ron Thomas answered:
There have been two major earthquakes in the Bay Area in the last 106 years.
I am sure that there has been signifcantly more loss due to Hurricans, Tornadoes, Automobile Accidents or Smoking.
This is totally up to you; statistics aside, you must determine your risk.
Statistics do not kill people.
If it is that important to you, you should move to Denver.
And do not listen to other people's opinions; including mine.
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0 votes 6 answers Share Flag
Mon Jul 29, 2013
Steven Ornellas answered:
Dale:

"Any idea why lot of Warm Springs newer (2004) homes are out in market/sold recently."

Demand is stronger than Supply.


"Any possible rezoning of schools?"

I doubt it. FUSD has been down that bumpy pothole road before. There have been two notable "Boundary Controversies":

The most contentious came in 2000 when FUSD announced plans to redraw the school boundary lines. The plan would route students from high-scoring elementary schools (such as Weibel Elementary School, which at this time held the 3rd highest elementary API score in CA) to a lower-scoring high school (Irvington High School). The school district claimed this action was normal “load balancing.” In the fall of 2000 a lawsuit was filed in the U.S. District Court in San Jose against the school district, five school district board members, and Superintendent Sharon Jones. The parent’s lawyer argued that the district was trying to maintain a racial and socio-economical balance within the district, which violated the equal protection clause in the 14th Amendment. The lawsuit was later dropped, as a compromise between the parents and school district was made.

Boundary line controversy was revived in June 2007 when the Fremont Board of Education proposed as an option to route students from Gomes Elementary to Kennedy High, once again citing overcrowding at MSJ High. Even though the option was not recommended by the Board in the meeting, the mere mention of the school name incited strong concern and reaction from parents. A town hall meeting was held on June 12, 2007. More than 1500 people attended, and Gomes was dropped from their option list.


"Any idea if it could be rezoned to Milpitas school district?"

Highly doubt this. Warm Springs [ http://docs.Steven-Anthony.com/IrvingtonAttendanceMap.pdf ] is within the Fremont Unified School District. http://www.fremont.k12.ca.us Milpitas has its own School District. https://www.musd.org/


"New constructions that could cause dip for existing properties?"

I understand the concern; however, Builders are not stupid; they build when they see demand, which would be a good sign!


"Or Bart extension etc that could cause issues? Any other red flags?"

BART may introduce some noise; however, being able to use public transit to access San Francisco-to-Santa Clara job centers is a big plus. Perhaps a small red flag is that primarily during the summer months; there is a smell (assumedly methane) from the Dixon Landing landfill when the right combination of heat, wind direction, and one's outside proximity combine. I have personally come across this while viewing the newer attached housing bounded by Kato Road and Warm Springs Blvd.; however, I have never personally considered it to be absolutely overpowering.


"We are especially concerned of the possibility of Warm Springs elementary school being rezoned out and if that could be a possibility. Not sure if it is currently overloaded due to all the new construction?"

Boundary changes and re-zoning into Milpitas is unlikely. James Leitch and Warm Springs Elementary are the two schools for the Warm Springs area (both 900+ API schools). The following chart shows overload transfers as of Sept 2011 to give you an idea of where those transfers went (Weibel and Harvey Green). http://docs.Steven-Anthony.com/FUSDK-6Overload+QA091211.pdf

Now, a question for you: Why isn't your agent providing you this info!

Additionally, if you are considering buying a new home see:
http://docs.Steven-Anthony.com/BuilderRealtorAgent.pdf

-Steve
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0 votes 3 answers Share Flag
Wed Aug 15, 2012
Brian Ripp answered:
It does not seem to be a problem with the many of hunderds (or thouands) of people living in the Warms Springs / Mipitas area. Location, schools, re-sale all seem to do very well.


However, if you feel you do not like it or if it effects your health or life somehow - then you should think about a different area.

You may consider talking to friends or residents in this area and see how they feel.
Hope this helps.
~ Brian
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0 votes 5 answers Share Flag
Wed Feb 29, 2012
Shan Saigal answered:
Hi Dutt,
Thanks for your inquiry.
Warm Srpings is running close by, however, it is not a freeway, so the noise factor may be all right.
It may be more so during commute hours.
However, if you were closer to 680, then that gets pretty noisy.
It also depends upon your tolerance level.
If you stand out on the street, you can hear the noise level. Inside the home, probably a bit less.
Pl. let me know if I can answer any other of your concerns.
Regards,
Shan Saigal
Broker
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0 votes 7 answers Share Flag
Fri Jul 1, 2011
Brian Ripp answered:
Being different or unique is a good, (as long as the floor plan makes sense and not a mystery house).
As for being larger than others, appraisers often use price per square foot, so finding a value for your house should not be impossible.
good luck,
Brian
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0 votes 11 answers Share Flag
Wed Jan 27, 2010
charo bhatt answered:
Hi Sk,

In my opinion expert is the one who has knowledge, experience, great grip of the
legal aspects to protect your interest and who can negotiate the best deal for you.

You sound like a very knowledgeable home buyer and have done
your homework.

Yes, you are right about the homes in Fremont at Kato road, the
KB homes and Robsons homes… have nice floor plans but are lacking good size yard.

I have sold homes in Fremont in Warm Springs area as well as in Pleasanton.

Please feel free to call at 510-381-2105
Or email me CharoBhatt@gmail.com
for a no obligation consultation appointment.

Here are my websites for references.
http://www.HomesByCharo.com
http://www.InstantHomeValue.info

Good luck to you for your Realtor search.

Charo Bhatt
510-381-2105
CharoBhatt@gmail.com
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0 votes 11 answers Share Flag
Sat Jul 28, 2012
Brian Ripp answered:
Hello Nano,
Well, time will tell. However, I understand that Toyota needs to 'cut' the strings from GM - and this is the way they need to do it.

I have heard that our Lt. Gov. is working with Toyota, and Toyota may come back/stay after the official breakup. So we will have to wait until March and see what is going to happen.

We all hope Toyota will stay and keep our local auto plant busy.

Brian Ripp, CRS, GRI
Broker, Notary
Check my new web site: www.BrianRipp.com

Real Estate Market Weekly Update Webcast: http://realtytimes.com/REUv/BrianRipp
510-710-4905 cell
510-794-9006 wk
Realtor since 1985
DRE Lic. 00886348
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0 votes 3 answers Share Flag
Sun Apr 26, 2009
Brian Ripp answered:
It's either 'condominium' or 'planned unit development'. These are "forms of ownership", 'townhouse' is a style - typically 2 story. You can check the preliminary title report for the correct ownership type. KB should be able to tell you.

Hope this helps you.

Brian Ripp, CRS, GRI
Broker, Notary
www.BrianRipp.com
www.RealtyWorld-Viking.com
Real Estate Market Weekly Update Webcast: http://realtytimes.com/REUv/BrianRipp
510-710-4905 cell
510-794-9006 wk
Realtor since 1985
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0 votes 1 answer Share Flag
Thu May 15, 2014
Angie Mead answered:
Hi Home buyer,
No, this is not legally right, however when new construction is concerned, the general rule of thumb is to expect up to a 10% difference from the initial quoted estimate. Wouldn't it be nice if the final price came in 10% lower than the quoted price!?!? If the "new price" is more than 10% higher than the price quoted, fight it. Your second option is to talk to another builder, or at least get other WRITTEN estimates from other local builders. Good Luck! ... more
0 votes 8 answers Share Flag
Thu May 15, 2014
Lubna Sheikh answered:
Hi J, I just signed a purchase agreement for my client on site 41 at KB homes on Kato today, it is single family home. Today they only had 2 available at the time I left this afternoon. There is not much room for negotiation at the KB homes ( close to the Robson homes) since the homes have started moving. They acturally had a 5k increase in the price from last week on the model we signed. Ask your realtor to get you other incentives like closing costs, up-grades etc.
Good Luck
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0 votes 3 answers Share Flag
Mon Apr 13, 2009
Nina Daruwalla answered:
Dear Fremont buyer,

Bart is extending to Silicon Valley, but is it going to be using the tracks near Warm Springs? find that out for sure. I have 2 clients currently looking for a home close enough to a railway line so that they can take a train to work, and not have to drive.....they are fine with some train noise. So it depends totally on each individual client what their personal needs are.......doesnt mean that your property values go down. .......Yes, there is the noise factor, and some will absolutely not buy anywhere near a railway line......so all depends on who needs what. If the railway track is right behind your home, yes, there will be that many less buyers for it....

You have to decide for yourself if you are fine with buying there, make a peronal choice. I have two clients who have bought at KB, if you want to buy there call me before you go in first time, your realtor has to register with you. If you need any further assistance, feel free to contact me.
Have a good week, be well and safe, regards,
Nina Daruwalla
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0 votes 3 answers Share Flag
Wed Nov 19, 2008
HomeBuyer answered:
I'm rewriting the Legal terms here.
Shall be entitled to an amount which does not exceed 3% of the purchase price of the property or such greater amount as is consistent with section 1675(d) of the Califnornia civil code as reasonable liquidated damages (BUT IN NO EVENT SHALL THIS AMOUNT EXCEED BUYER'S DEPOSITS HEREUNDER)

Here is the URL link for Ciivl
http://law.onecle.com/california/civil/1675.html

http://gweston.wordpress.com/2008/02/05/residential-real-estate-purchase-contract-cancellation-in-california-several-relevant-laws-apply/

http://gweston.wordpress.com/2008/02/03/condo-buyers-may-need-to-hire-and-lawyer-and-sue-to-get-partial-deposit-refunds-from-condo-developers/

http://gweston.wordpress.com/2008/02/04/allen-v-smith-a-san-diego-home-buyer-gets-a-big-deposit-refund/
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0 votes 9 answers Share Flag
Wed Oct 1, 2008
ali ghatala answered:
I went there this past weekend and looked at plan one. There are offering lots 53 and 58 for $662K. They would not negotiate any concessions or incentives. What did they offer you?
0 votes 14 answers Share Flag
Sun Jul 20, 2008
The Medford Team answered:
Satya:

Hi there -- my advice would be to get a very good Realtor who knows the area well and who has represented a large number of buyers in the current market. A proficient Realtor will run the comps for you, devise an effective offer strategy designed to get you the best price and best terms. They will support you through the entire transaction to make sure all of your needs are taken care of. In addition, a great Realtor will provide you ongoing support for years to come!

We can help!

carl@carlmedford.com
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0 votes 4 answers Share Flag
Tue Jan 21, 2014
; answered:
Kanwal, be very careful when looking at the floorplans- ask for the blueprint, and take measurements. While builders have a disclaimer that dimensions can vary slightly, having their actual "vision" is imperitive. See if they have this product up elsewhere- it's worth the trip. My assessment of KB in Denver was that they offer lots of square footage for the buck, but the finish work is less than what you might find with a builder more focused on details. They are value-focused, which is great if it's square footage over detail that you seek.
It's also possible that KB in your area differs, so ask to see the specifications (it's a long list of all standard items included in the home- more comprehensive than a brochure, and what the builders on site use to order materials, etc.)- that should give you a good feel as to what to expect. The specifications include plumbing fixtures, insulation, drywall application, windows, baseboards, doors, etc.- well worth asking for. While it's unlikely that you'll be permitted to take the specs with you, the sales rep should be willing to sit down with you and go over each item.
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0 votes 12 answers Share Flag
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