Thursday, July 29, 2010

From the category archives:

Buyers' Tips

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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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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Buying a Short Sale: From a Buyer’s Perspective

I have a friend who is a very intelligent person, highly organized, and very resourceful.  He  decided to purchase a short sale utilizing the listing agent of the home.   He has been kind enough to detail out his experience and has allowed me to share step by step here.   His experience is not unlike many [...]

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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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New Truth and Lending “Reg Z” Requirements May Delay Buying Your Home

I am all for helping the consumer understand the complicated loan process connected to purchasing a home.  In that light, I wanted to make sure everyone is aware of the changes to the Regulation Z requirements that went into affect on July 30th, 2009.   These changes will definitely inform the consumer about changes in fees [...]

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Defining “AS-IS” when Buying or Selling a Home

The “AS-IS” title has a different meanings to different people.  When I speak with buyers and sellers about selling or purchasing a home, they rarely have the same definition of what “AS-IS” means.  If you speak with a seller they might believe that by having their real estate agent advertise the home “AS-IS” on the [...]

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Choosing a Real Estate Agent. What Should You Expect?

I am not necessarily a fan of the National Association of REALTORS®.  I don’t agree with many of their political maneuvers.   I only have one reason for being a member.  I commit to the ethical standards the organization created.  I believe making a promise to uphold high integrity, market knowledge, and consumer protection will make [...]

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Want to Know More About Asbestos and Your Home?

Asbestos is a material that many of us have heard about in the news.  The inhalation of asbestos fibers has been linked to a cancer called mesothelioma.  To know whether or not your home contains asbestos, it is first important to recognize where asbestos can be found  in the home. The two most common places [...]

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Tax Credits for First Time Home Buyers Explained

This is a really great video that explains the tax credit for first time home buyers.

Tags: Buyers’ Tips, first time home buyer, home buyer, tax credit

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The Hurdles to Purchasing a Home in Today’s Market

Today’s housing market is like none other we have seen in awhile.  I hear agents talk about how bad the ’80s were but this market is different in many respects.  In order to purchase a home in this market, it is best if the home buyer prepares for potential hurdles that can be placed in [...]

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Alum Rock San Jose – Housing Market at the Bottom?

In the last couple of weeks, I have heard more and more real estate agents and loan officers tell me that they believe we might be near the bottom of the housing market in San Jose.  Their biggest support for this theory is kind of interesting.  It goes like this: ” How much lower can [...]

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Deed of Trust, Note, Mortgage: What are all these papers I’m signing?

Buyer’s look forward to closing escrow (COE), because they have been told that after escrow closes they will receive the keys to their new home.  Signing documents regarding the purchase of a home can be a little overwhelming for some and for others a white and black blur.  For many clients simply signing their legal [...]

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