San Jose, CA Real Estate News

By Jessica Bell, Realtor, RCC
(Intero Real Estate Services)
Visitors...You will be one of the first to land upon the brand new Homes In Tuscany Hills website @ www.HomesInTuscanyHills.com - a website designed with you in mind, in this case, readers, realtors and residents (current and prospective) of the Community of Tuscany Hills in California's Silicon Valley, County of Santa Clara, City of San Jose, Area of Blossom Valley.  Whew!  Home to (currently) 750+ units situated on Communications Hill, this Hill undoubtedly has so many unique qualities to offer it's residents from the rare find in San Jose - that is, lots of developable land among the rolling hills (relatively speaking for California) for growth, schools, future parks,  retail, walking trails, the landmark Grand Staircase and views galore from every angle.  Along with the vast History...
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By Chris C., San Jose Mortgage
(BAYAREALOANGUY.COM)
Dancin' on the Avenue in Willow Glen is back for the 12th year running! Bust out the dancing shoes, call your friends and neighbors, and come to Downtown Willow Glen's annual street party for fun, folks, food, and music! We've got four stages of music and a kids court lined up for fun for all. Hope to see you at this fun event!Click Here for More
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By raman kandola
(kandola mortgage services)
 As you are undoubtedly aware, the 1031 qualified intermediary business has received a great deal of press over the past few weeks, as a well known QI in San Jose filed for bankruptcy last month (on the heels of a Las Vegas-based QI folding earlier this year).  I have received numerous inquiries from Realtors, investors, escrow officers and others about this situation and about IPX1031's security of client exchange funds. While investment property sellers must use a qualified intermediary in 1031 transactions, the qualified intermediary industry is not regulated.  How the QI decides to protect the clients' money during the transaction is up to each QI.  Some smaller QI companies may only have little or no fidelity bonding or E&O insurance coverage
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By Deborah Ryman, M.A. Feng Shui Services, Santa Cruz County
I suspect I am like a lot of people, hurrying through life - not noticing a lot of the detail of my surroundings. As a Realtor, looking at so many homes has caused me to become astutely aware of my own taste in everything from architectural style (Tuscan, Craftsman, Tudor) to the way light falls in the backyard (unfortunately, my own back yard is dark - I never paused to notice this fact before I bought my house, almost ten years ago). Working with buyers (and representing sellers), I have become more aware of the subtle nuances of features that create mood and make a house feel right and comfortable. I believe one of the most important features to effect mood is natural light.Being a person who is somewhat directionally challenged (I can find anything on a map, but if someone asks "is ...
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By raman kandola
(kandola mortgage services)
Hard Money loans is an effective way of getting fast money with almost no documentation. Hard money loans are collateral-based real estate loans made by private investors instead of banks. These loans fill a need for funding when banks won't lend for any reason, there are credit problems, or there isn't time to obtain conventional financing to secure a purchase or get cash from the equity in a property. These types of loans are sometimes referred to by different names such as private money loans, private equity loans, or  bridge loans.  Sometimes it is easier to get a hard money loans, than conventional loan.  Especially if time isthe essence of the deal.    
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By Pamela Hendriksz
(Boulevard Financial Group)
Yeah!  Spring is here and walking your farm is much more fun in this weather than in the cold winter.  The best time to walk seems to be dusk.... right after dinnertime when people are out puttering in their yards.  It is cool enough that I am not a sweating fool, but not so late that people are ready for bed.I generally bring newletters, and flyers with my advert on one side and coupons from parter vendors on the other.  Sometimes I put in short articals about neighbors that love to share their fruit ie. lemon tress, blackberry bushes, and good recipes on how to use these fruit products.  Think "How to make perfect Lemonaid"This allows me to think I am buiding community spirit - connecting neighbors with neighbors and advertising  the best small businesses in the neighborhood. For exam...
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By raman kandola
(kandola mortgage services)
submit your property to MLSsubmit copies of your listing to all our agents and their potential buyersprovide a customer info box on sign post for direct buyer exposurepromote your home at the rea estate board meeting to create maximum exposure to the other agents in the areadevelop a list of features and benefits of your home for the cooperating agents to use while showing the property to their potential buyers.make suggestion and advise you as to any changes you might want to make in your property to make it even more marketable to the buyer.constantly update you as to any changes in current market conditionsadd additional exposure through a professional sign and lock boxhold anopen house when necessary.advertise when necessarypre-qualify, when possible, all prospective buyers.make you...
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By Chris C., San Jose Mortgage
(BAYAREALOANGUY.COM)
http://www.bayarealoanguy.com/refinance.htmlI'm getting some refi business (mostly Neg Am loans), I wanted to make it easier for my clients to find the REFI page.Thanks for your feedback! Have a terrific Weekend!Exchange Links? 
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     We all know how Real Estate is very competitive with so many Realtors and Brokerage companies.  I have been providing a great service and a generous incentives to my new buyers by helping them with closing costs.  Do Buyers really need help on closing costs?  Is it okay to share my commission to help other buyers in making that big purchase? 
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By raman kandola
(kandola mortgage services)
   Are lenders trying to be an alligator, the whole foundation of the mortgage business has increased the volatility, and shaken the big position investor.  I did have a talk to a big financial hedge fund manager, according to him the mortgage industry is taking a big hit from the media, legislators, short term investors.This has made the wound more deep than expected.  It has really made the real people in refinancing, or purchasing the propertmore difficult.   Even all most all the presidential candidateshas made some bru- ha ha about the supprime meltdown, making the tightening of the credit more clear, andaffecting the average hard working middle class american in achieving the american dream.  We have to face the a lot of family's would be losing their hard eaned home because of th...
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     I was astound to get a quote from the biggest A paper lender in the mortgage industry.  Is it a mortgage spill over, added with the tightening credit, and not getting the right terms from the big investment backers has shaken the whole mortgage credit spectrum.  In one county in California last week, 179 homes were put up for auction at the courthouse, with a reserve price of the mortgage value set by the lender.  The catch is that these were 100% lender-financed homes.  The lenders did not sell one home. They are still hoping that buyers will come in and pay full price.  I wonder how many of those homes had very high appraisals."
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By Steve Leung
(Silicon Valley Real Estate)
Who says startup companies are the only reason Silicon Valley is glamorous?  Who says you need to head up to San Francisco for the urban scene?Santana Row is a uniquely Northern Californian fusion of design, culture and accessibility, recreating the atmosphere of Paris' Champs Elysees using a distinctly Silicon Valley neo-Mediterranean architecture.A bustling farmers market lines the streets on Sunday mornings in quaint contrast to the exotic car meets on Saturdays.But for all the testosterone from the horsepower and club life of the weekends, Santana Row is an amazingly eccelctic place where strollers share the spotlight with Ferraris and people of all walks of life can enjoy the live music.This walking tour starts from the garage on Olin Avenue, which is most easily accessible from Wi...
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By raman kandola
(kandola mortgage services)
    The Capital of Silicon Valley is suffering from the foreclosure wave throught out the country, or is it just a meltdown of the market, which is taking all over the nation. Pundit's, financial expert has been going "ga-ga" over the foreclosure loom which would be sweeping the country for the past two (2) years.    Time would justtell if it is just a "meltdown", or a real bust, like what happened five (5) years during the tech bubble.  At thattime, every one invested all most all their equity in the tech stock's, for the most part a big portion of their retirement has just evaporated.   At that time over $9 trillion dollar just "gone in the wind", but the sub prime sector which is the biggest loser in this sector is not as big as the tech bust was ! unless it does not go through out t...
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By raman kandola
(kandola mortgage services)
  Rumors have sprung up that Goldman Sachs is interested in buying Accredited, which helped their stock price yesterday.   National City said that it wrote off $11 million stemming from subprime home loans, expects to write off more, and may boost reserves by $50 million because an insurer is rejecting mortgage-related claims.   IndyMac Bancorp Inc., who is the ninth biggest U.S. mortgage lender with $90 billion in fundings last year and who has seen its stock drop 36% this year, said its exposure to subprime mortgages is small. The company stated that most of its loans were prime loans to borrowers with high credit scores, or Alt-A which had high credit score borrowers with alternative documentation.
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By raman kandola
(kandola mortgage services)
  Check this one folks !    This people are making our industry a bad reputation !  Whether you believe it or not, we have helped thousands of people save a lot of money, thru taxes, debt consolidation, lowering the house payments, etc...  But some folks right here, has just made us a mock, and a commodity in this professional field. There are two ways you can make money $$$, the right way, or the wrong way. These people have tried to make their money through their way ! Check this news:  http://origin.insidebayarea.com/argus/localnews/ci_5412059 http://sanjose.bizjournals.com/sanjose/stories/2007/02/19/story2.html     C'mon, let's make our industry based on trust worthiness, integrity, and full of trust. 
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By Kip & Tamara Barnard, Broker Assoc., Realtor ASP
(Coldwell Banker)
Running east along Highway 101 to the foothills, south of Quimby Rd and North of Silver Creek Rd lies the Evergreen area in San Jose.It encompasses the  95138, 95148, 95122, 95121 & 95135 zip codes.  You can still find affordable homes with good schools as well as multi-million dollar homes in the Silver Creek Ranch & Golf Course Community.If you would like more information about real estate in the Evergreen area, visit our web site http://www.kipandtam.com/ 
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By raman kandola
(kandola mortgage services)
      Subprime companies that specialize in B & C paper loans have suffered as housing prices stopped rising and interest rates climbed from record lows.  A credit crunch in the market for low-end mortgages has left companies specializing in these subprime loans at the mercy of big banks like Merrill Lynch & Co. Goldman Sachs and J.P. Morgan Chase.  The merge could save the ailling sub prime market, if all the sub prime meltdown takes place a lot family would go in default after the expiration of their ARM's.  The regulators inWashington has to take a shot, and encourage all the big financial investment bankers to come out with a solution.  A big demise of this market would follow cycle of economic slow down.  A big part of the investmentof the baby boomers are in their houses.  Housing...
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By raman kandola
(kandola mortgage services)
 Subprime mortgages are offered to home buyers who fail to meet the strictest lending standards. While these loans remain a small part of the home lending industry, they've helped more people buy homes who previously couldn't afford it, helping to fuel a surge in housing prices in 2004 and 2005.  By cutting off access to credit for these extra buyers, demand for homes may fall further, depressing prices and fueling a broader slowdown in the U.S. housing market. If a client is not able to meet the A paper guidelinets, they are transferedthrough sub prime guidelines.   Lately all the sub prime lenders have been behaving irrationally because of the rise in default, and a near triple rise in foreclosure.  A number of the sub prime lenders has to file a bankruptcy protection after having fin...
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