Realty World - Innovative Realty Service

Video: 926 E. Evelyn, Sunnyvale

Michael Walters — Wed, 25 Aug 2010 00:53:00 +0000

After you watch the VIDEO Tour of this nice home you will feel like you have been there.
This remodeled 3 bedroom, 2 bath home lies directly in heart of Silicon Valley. The kitchen has been completely redone. Each room as a double pane, vinyl slider for lots of natural light and energy efficiency. There is new central A/C and, a new forced air furnace. The full size back yard is private and secure.
In addition to most of the major employers known to Silicon Valley many of their supporting companies are within a very easy commute as well.
This home is also conveniently located near many cultural venues. “Murphy Street” is just 3 blocks away. Schools, parks and every kind of shopping you could want are just a short walk or drive away.
So. Enjoy the VIDEO Tour. Any comments? Just add them here.

Today’s The Day

Michael Walters — Thu, 24 Jun 2010 15:52:00 +0000

If you have been waiting to buy a home, NOW is the time.
If you have been waiting to refinance your current home today is the day.
Neither these rates nor the sale prices will remain down here much longer. Some day soon the bills for “CHANGE” will come due and we’ll see the rates begin to rise.
Look at this AP article for more details.
Gilroy home values have already bounced off the bottom. Likewise, Morgan Hill and Hollister homes have seen a balance in demand and supply.
Time for your co-workers, friends and family to make their move.
What do you think?

Near But Far, 22 Acre Morgan Hill Home

Michael Walters — Fri, 18 Jun 2010 18:17:00 +0000

Wow! You’ve got to see this VIDEO Tour!
The featured home is literally “Off the Grid” (zero PG&E costs) and sits on 22 beautiful acres in the East foothills of Morgan Hill, CA. Even the well has it’s own generator.
Although you feel like you are in the mountains, on vacation when on this property, you’re only 15 minutes from Hwy101 and 40 minutes from down town San Jose. You pass Lake Anderson on the way to and from this home and can see Coyote Lake from this tree-studded parcel.
Call me for your own, on-site, personal tour. I look forward to your comments.

How to buy a foreclosure

Jack Kirk Sr — Fri, 07 May 2010 22:17:00 +0000

How to buy a foreclosure
Many buyers, especially first-timers, hope to purchase a foreclosed property at a bargain price. While purchasing a foreclosed home can be a wise choice for some buyers, it is important that buyers understand the differences in buying at different stages of foreclosure and be prepared to take on the challenges typically associated with each.
MAKING SENSE OF THE STORY FOR CONSUMERS

There are three basic stages of foreclosure in California: Pre-foreclosure, trustee’s sale, and repossession, often called an REO or real estate owned by the bank.
Pre-foreclosure homes are in the foreclosure process, but have not yet been auctioned. Owners of pre-foreclosed homes often try to sell the properties because they are “underwater,” meaning they owe more on the mortgage than the home currently is worth. Many homeowners attempt to sell via short sale, where the lender must agree to accept less than the amount owed on the mortgage. Buying at this stage of foreclosure often is a complicated and slow process. However, buyers of pre-foreclosed properties often are given the opportunity to inspect the home prior to purchasing, whereas this is not always the case when buying at other stages of foreclosures.
The second basic stage of foreclosure is the public auction at a trustee’s or foreclosure sale. Homes in this stage often are well priced, but also come with challenges to buy. These homes may not be available for inspection and buyers may later discover the property needs numerous repairs. As a result, many of the homes at auction are purchased by investors and contractors who have experience working with homes needing numerous repairs, or taken back as REO by the foreclosing lenders.
If a home does not sell to a third party at the trustee’s auction, the bank takes the property (REO Property)–the final stage of the foreclosure process. Although homes in this stage typically do not offer buyers the best prices, buyers generally can perform a thorough inspection of the property prior to closing.

To read the full story, please click here.

TAX CREDIT Chart, Easy to follow !!

Jack Kirk Sr — Tue, 13 Apr 2010 22:41:00 +0000

I found this through a CAR posting. This very easy to follow chart clearly defines how a Home Buyer may qualify for the California State and Federal Tax Credits. Please review this link:
Homebuyer Tax Credit Chart 2010.
This chart was provided by CAR