I Wish Everyone Thought Like Me. In Silicon Valley's hot real estate market, Listing Agents are hog tying buyers into such short due diligence inspection periods they can barely breathe. They think this negotiation helps justify their brokerage fee; they're protecting their client. It has become
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11/11/2012
When Do Silicon Valley Home Inspections Expire and Become Immaterial? At what point does an old inspection, like a termite or general property inspection, become immaterial to a Silicon Valley home buyer? After how many years does an inspection not need to be disclosed to a buyer? One year, th
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11/02/2012
The Day Funding Checks Bounced If "outrageous" is defined as a something that causes outrage, the following story qualifies for the Outrageous Real Estate Stories contest. Is everyone familiar with the "Good Funds" law? It's probably called a different name in other States, but in CA "Good Fun
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10/23/2012
The Case of the Runaway Wife The current AR contest about Outrageous Real Estate Stories is bringing back buried memories, and I'm enjoying that. This is my third entry and I don't usually enter the contents. I had a listing in South San Jose, a blue collar neighborhood. It was a single family
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10/21/2012
Why Are You Selling? To Get Rid of My Grown Son. The AR contest about outrageous stories has caused old and forgotten memories to percolate up into my consciousness. I'm enjoying that. It's the outrageous, and the weird, and the strange situations and people that keep this business fresh and
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10/19/2012
An Outrageous Real Estate Story That's All in the Family. Many years ago I listed a home in central San Jose. It was Real Estate Owned (REO) by a Hard Money Lender from San Mateo County, the neighboring county. The condition of the house surprised me. From the address I knew it was probably old
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10/12/2012
Boom and Bust in Silicon Valley; 22 Year History of Median Home Prices in Silicon Valley, Santa Clara County, California and the United States. A graph of the Median Sale Price of Single Family Residences in Santa Clara County and California looks like a roller coaster ride. The Median Sale Pri
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10/09/2012
I look forward to the annual Fall Cactus and Succulent Society Show and Sale. Simple Pleasures. Saturday, Sept. 29 2012, from 9 am to 5 pm Sunday, Sept. 30 2012, from 10 am to 4 pm. Buchser Middle School, 1111 Bellomy Street (off Lafayette) in Santa Clara For more information, call 408-480-1533
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09/28/2012
Would You Buy a Perfect Home Next to a High-Pressure Natural Gas Pipeline? Two years ago a 30" diameter, high-pressure natural gas pipeline ruptured and exploded in San Bruno, a small town located on the San Francisco peninsula between Silicon Valley and San Francisco. The pipeline was owned and
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09/27/2012
Hello? Borrowers and Lenders Are Part of the Same Equation. I just read a fine Featured post about the large percentage of homeowners who are unable to refinance at today's low interest rates. The LA Times reports that two-thirds of homeowners still have mortgage interest rates at, or above, 5%
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09/24/2012
