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29. September 2008

Top 10 “Corporate Owned” Properties in Blossom Valley

Yes, “Corporate Owned” is the new phrase being utilized on the multiple listing service (MLS) to describe a home foreclosed upon and belonging to a corporation. These listings are also called “bank owned” or REO (Real Estate Owned) properties. With the recent bail out plan we may have to add another description, “tax payer owned” [...]

2. August 2008

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Top Ten Bank Owned Properties in Willow Glen

Fortunately for Willow Glen neighbors, there are actually 7 bank owned properties in the neighborhood. That is good news. In Alum Rock there are 129 homes that are bank owned. Fewer foreclosures equals better neighborhood home values. Recently, the banks have become “motivated sellers”. Over and over I see banks listing the price about 5% under [...]

25. July 2008

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Gov Getting Closer to Having Banks Volunteering to Help Home Owners

Yes, you have probably heard the news they are getting closer to passing a bill that would help home owners that are struggling to make their mortgages. According to the California Association of Realtors (CAR) market watch update, a bill that will assist nearly 2 million borrowers in danger of foreclosure was passed by [...]

16. July 2008

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The Housing Market Hits Bottom!

The most common question I receive is, “Do you think the housing market has hit bottom yet?”. While I am pausing to pull together my answer the person will normally add, “I am thinking about buying a house but if it is going to come down more I want to wait.” Historically, the recognition of [...]

1. June 2008

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Here are the keys to your new home. Now, change the locks!

I bought a home several years back and called the locksmith to change all the locks. The neighbor seeing the locksmith’s van parked in front of my home comes over, introduces himself and then extends a hand with a couple of keys. “I guess, these won’t be any good now. Joe (the [...]

2. April 2008

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How Do You Decide Where to Buy a House?

San Jose itself is the 10th largest city in the United States. San Jose is also surrounded by over 10 other cities. Each neighborhood is fairly unique and it can be quite overwhelming for those who have been raised in the area, much less for those of us who have relocated. Unless [...]

7. March 2008

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Jumbo Loans Help Home Buyers or lenders or both? Maybe.

As you probably have already heard, the government is helping out the housing industry by raising the jumbo loan limit here in Santa Clara County from the previous $417,000 to $729,750. Woohoo! But as my friend Gabe Bodner at Lawson Associates points out on his blog, this may not be as helpful as [...]

4. March 2008

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Hawaii is still the place to be!

Not every market in the U.S. is heading down. Interesting that in spite of sub-prime woes and lenders tightening their grip on monies there are still markets that will appreciate during this crazy real estate market. A great web site, Housing Predictor released their Top 25 Market Predictions for 2008. Hawaii ranked [...]

26. February 2008

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Are short sales real deals?

Coming from an analytical background, I find myself digging through the local real estate statistics for San Jose and Santa Clara County into the wee hours of the morning more times than I should admit. I am always in search of a trend whether it is about one of the neighborhoods I work for [...]

22. February 2008

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How to let go, sell your home, and laugh while doing it.

There are a lot of reasons why I enjoy working with Karen Negrete at Transform Your Home. She is an amazing talent, an efficient professional, and most importantly she keeps me laughing while working in this sometimes challenging world called real estate. This week Karen has allowed me to post a recent article [...]

15. February 2008

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What is a declining market and what it means to you as a buyer?

I have now come across several articles and blog posts on the idea of declining markets and their impact on a buyer’s ability to follow through on a contract they have signed for purchasing a home or their simple ability to even shop for a home. The same lenders that were willing to write loans at [...]

9. February 2008

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New home owners here is how to fix…

I always like passing on great web sites that provide real time help. Gary Dullect at The Home Inspectors is a local home inspector in San Jose and offers some great online help for home owners. With quick, get-it-done videos Gary goes through a variety of topics like fixing a faucet where [...]

Top 10 “Corporate Owned” Properties in Blossom Valley

Top Ten Bank Owned Properties in Willow Glen

Gov Getting Closer to Having Banks Volunteering to Help Home Owners

The Housing Market Hits Bottom!

Here are the keys to your new home. Now, change the locks!

How Do You Decide Where to Buy a House?

Jumbo Loans Help Home Buyers or lenders or both? Maybe.

Hawaii is still the place to be!

Are short sales real deals?

How to let go, sell your home, and laugh while doing it.

What is a declining market and what it means to you as a buyer?

New home owners here is how to fix…

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