Thursday, July 29, 2010

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CJ Brasiel

Real Estate Appraisals Now Lagging in Many San Jose Neighborhoods

Investors are back in the market, and they’re paying all-cash, mostly for property under $500,000. The effect of this is to freeze out first-time home-buyers who have to get a loan. Banks are still chary about providing loans. About the only loans left for first-time buyers are FHA loans.  So, while the first-time buyer is [...]

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Why Rainy Days are Best Days when looking for a Home to Buy

In the past two weeks San Jose, California has been experiencing almost continuous rain.  I have been out almost everyday previewing or showing homes.  It would be nice to stay in the office and hang out on Twitter but the reality is, these are some of the best days to learn about houses and neighborhoods.  [...]

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Beautiful Cambrian Park Home for Sale San Jose, California

Cambrian Park Home For Sale

Overview
Maps
Photos
Description
Neighborhood
IDX Search

$899,000

Single Family Home
For Sale

Main Features

6 Bedrooms
3 Bathrooms
1 Partial Bathroom
Interior: 2274 sqft
Lot: 9,625 sqft

Location

14906 Conway Avenue
San Jose, CA

CJ Brasiel Broker Associate, SRES, GREEN
Fireside Reatly
(408) 406-6035
CJ@CJBRealEstate.com
http://www.CJBRealEstate.com

Listed by: CJ Brasiel Fireside Realty

Our recent listings
Cambrian Park Home For Sale
Extra Large Lot R-2, 4BR/2BA, Downtown San Jose

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Waiver on 90-day flipping rule will help FHA buyers find a home.

It is not uncommon over the last two years to find a statement on the multiple listing service that reads “no FHA loans 90 day rule applies”. Which basically meant that an investor had purchased a home, most likely and REO (foreclosed home), completed repairs, new carpet, paint and then placed in back on [...]

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Is your refrigerator ruining your kitchen floor? Simple protection device.

In my daily travels, the most common problem I see in homes for sale is water damage.  One of the first things I do as an agent previewing a home is look underneath every sink for drippy pipes and water connections.  Even the smallest drip can cause incredible damage over time.  The water slowly penetrates [...]

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Home Sales Bounce Back, Ending the Year on an Up Note

Sales of single-family, re-sale homes rose 27.9% in December compared to December 2008.  With the extension, and expansion, of the tax credit for buyers, we expect sales to be strong through Spring because of the first-time home buyers tax credit of $8,000 for buying a principal residence. First-time buyer is a buyer who has not [...]

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FHA Updates Policy. Not Good News for First Time Buyers.

FHA loans have been a large part of Silicon Valley housing recovery in the last two years.  Previous to 2007, the loan limit for an FHA loan was $417,000 and there simply were not that many homes in the Bay Area that were priced low enough to utilize FHA.  In 2007 the government increased the [...]

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How does non-permitted work impact the buying or selling of a home?

Before we can discuss the impact  non-permitted work has on a home, it is important to talk about what a permit is and why it is required for work completed on a home.  Permits are typically issued in accordance with a city or county ordinance.  Therefore, not obtaining permits for required items is unlawful.  Permits [...]

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Does it come with the house? How to decide.

As buyers walk through a home it is not uncommon that they fall in love with a certain room or aspect of the home.  Maybe it is the dining room and the beautiful chandelier.  Maybe it is the basketball hoop in driveway.  Maybe it is the six-burner professional grade gas stove in the kitchen.  Whatever [...]

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Inventory Declines, While Pending Sales Continue to Rise. Where are the REOs?

Inventory of single-family, re-sale homes continued falling in August, and it is now down 59.3% year-over-year.  Pending sales, meanwhile, climbed 52.2% from July, and were up 90.7% compared to August 2008.  After rising four months in a row, the median price for homes took a breather last month and was down 6.4% from July, a [...]

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Is the Real Estate Market in San Jose still a Buyer’s Market? Bottomless Answer.

I have been thinking about this topic for the last two months.  Trying to figure out how to get it encapsulated into the shortest blog post as I am constantly being told blog posts should not be too long.  It seems impossible to crunch this topic into a quick read, but I am going to [...]

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Want to buy an REO in San Jose with a FHA loan?

The San Jose real estate market is changing.  Even though the media hasn’t quite got it yet, there are changes that are making it very difficult for first time buyers to take advantage of the market.   The first challenge is that there exist a small number of homes for sale.  Don’t believe anyone that tells [...]

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