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21530 Almaden Road, San Jose, CA 95120
Posted on February 26, 2013 by Joey.
Believe it or not, you can own your own single family residential Almaden home in the for less than $450,000! It’s a quaint 1,392 square foot home with 2 bedrooms and 1 bath, but it also features a studio unit on a lower level. It also has an eat-in kitchen and an attached one-car garage. Most importantly, you will get to own a nice property that is 12,300 square feet in size, so you’ll have plenty of space to build and upgrade in the future as you see fit. In the meantime though, you can still enjoy the quiet location on the outskirts of Almaden Valley. You will be withi... Read More »
New housing development to open in March 2013 near Hillsdale Avenue
Posted on February 25, 2013 by Joey.
A brand new housing development is scheduled to open next month near Hillsdale Avenue and Meridian Avenue. This community will have 4 different floorplans ranging from 1,502 to 2,053 square feet, 3 and 4 bedrooms, all with 2-car garages. These homes will obviously have all new features and appliances. The kitchen will have granite slab countertops with full splash, built-in GE ovens with microwave ovens above, 5-burner stove, recessed maple cabinetry, stainless steel sink, and tile flooring. You will be able to save money on energy with dual pane windows, high efficiency faucets, showers, a... Read More »
Higher-end Zip Codes Like Almaden Valley Among the First to See a Return to Positive Equity
Posted on February 23, 2013 by Joey.
There's good news for Almaden homeowners. Housing website Zillow.com is reporting that rising home prices in the Silicon Valley have finally pushed many homes back above water. It’s yet another sign that the Bay Area’s housing market is recovering. At the end of 2012, Santa Clara County saw the number of homes underwater drop from 22% to 15% from a year prior.While the numbers are encouraging, that negative equity is keeping many homes off the market, forcing buyers to scramble to purchase anything that is for sale. Almost non-existent inventory is causing a huge rise in home price... Read More »
Here are some upcoming events of interest in and around the Almaden Valley community
Posted on February 21, 2013 by Joey.
Here are some upcoming events around Almaden Valley that may be of interest to you. 1. Montalvo Arts Summer Camp http://www.montalvoarts.org/programs/camps/ Montalvo Arts Center is sponsoring a children’s camp for the fourth year in a row. They are offering a one- and two-week camp for children focusing on music, dance, culinary arts, theatre, design, visual arts, and world culture. Classes start as early as June 10, and the last one ends on August 16. Registration begins on February 22. To learn more or register, use the website above or call the Montalvo Box Office at 408-961-5858.... Read More »
Here are some deductions you may qualify for.
Posted on February 20, 2013 by Joey.
With April 15 approaching, do you know which deductions owning your Almaden home may qualify you for? Tax laws can be daunting, so make sure to consult a tax professional or the IRS if you’re unsure which deductions you can take. Here are a few of the home related tax breaks you’ll want to investigate:Mortgage Interest Paid at SettlementOn a mortgage of up to $1 million, you can deduct the interest that you pay at closing if you itemize your deductions. The interest amount should be included in the mortgage interest statement provided by your lender.PointsIf you paid points on your... Read More »
1111 Corvallis Dr., San Jose, CA 95120
Posted on February 19, 2013 by Joey.
Own your own single family residential Almaden home in the Glenview Serenity neighborhood for only $719,950! This 1,740 square foot single-story home features 3 bedrooms and 2 bathrooms on its lot of 9,894 square feet. It has a great floorplan with a breakfast room, a breakfast nook, and an eat-in kitchen to go along with its living room/dining room combo with a wood-burning fireplace. There is an interior laundry area to make that mundane task a little more bearable. The two-car garage is attached to make storing and retrieving items a little more convenient. Amenities include central ai... Read More »
Almaden home buyers are once again looking at 100% financing
Posted on February 18, 2013 by Joey.
The recent housing bubble was caused in large part to home buyers overextending and over-leveraging themselves. Would it surprise you to learn that, once again, 100% financing is starting to make a return? On the surface, it would appear that perhaps we didn’t learn from our mistakes. However, all things evolve, including intangible products such as mortgage loans. The latest variation of 100% mortgage loans comes with a few caveats. First, the loan must be backed by sizable and “tangible” collateral such as an investment portfolio. Often, this investment account must b... Read More »
1106 Barnes Lane, San Jose, 95120 - $1,795,000
Posted on February 16, 2013 by Joey.
This beautiful single-family Almaden home has 5 bedrooms and 5 bathrooms and is only eight years old. The home is 3,980 square feet and is on a large 12,250 square foot lot in the Mountain Shadows neighborhood of Almaden Valley. There are upgrades galore – gleaming hardwood floors, granite slab counters, top-of-the-line appliances, just to name a few. Custom paint and crown molding can be found throughout the home. The huge great room has built-in cabinetry to hide electronics, and a beautiful stone fireplace. The gourmet kitchen has a large center island, granite counters, and fabulou... Read More »
Here are some upcoming events of interest in and around the Almaden Valley community
Posted on February 14, 2013 by Joey.
1. Free Prom Dresses!http://www.mercurynews.com/almaden/ci_22494788/san-jose-vice-mayor-madison-nguyen-collecting-dresses If you are searching for an inexpensive (free even!) prom dress for your daughter this season, San Jose vice mayor Madison Nguyen is once again driving Operation Prom Dress. For the fifth year in a row, donations are being accepted for dresses in new or gently used condition that can be worn by high school juniors and seniors this season. There are many drop-off locations include the following. Almaden Branch Library (6445 Camden Ave.) PG&E Office (111 Almaden Blvd.) ... Read More »
Bass Pro Shop Coming to San Jose in 2015
Posted on February 13, 2013 by Joey.
A 145,000 square foot outdoor and entertainment retail showroom is planned for the new Almaden Ranch retail center at the corner of Highway 85 and Almaden Expressway in the Almaden Valley. The Bass Pro Shops Outdoor World mega-store is due to open in 2015 and will feature a showroom for fishing boats, hunting, fishing and all kinds of outdoor gear. There will also be a bowling alley with an underwater theme as well as Uncle Buck’s Fishbowl and Grill restaurant.San Jose officials think a Bass Pro Shops will be a destination for locals and folks from further afield. And with the healthy, o... Read More »
6798 Elwood Road, San Jose, CA 95120
Posted on February 12, 2013 by Joey.
A brand-new Almaden Valley single family residential home in the Country Club neighborhood just came to market for $1,890,000. This 3,600 square foot four bedroom three bath home was built in 2013 and sits on a lot of 18,295 square feet. The kitchen has granite countertops, top of the line Thermador kitchen appliances, and a walk-in pantry. There is also a huge bonus room and storage area. The house itself is ultra-modern as it’s wired with cable, ethernet, and & surround sound. Amenities are almost too numerous to mention. They include central air and heat, a tankless water he... Read More »
Investors show optimism in real estate
Posted on February 11, 2013 by Joey.
Almaden Valley home owners will be happy to learn that major investors are placing their wagers on the real estate market right now. Hedge funds and private equity firms have been purchasing assets in all parts of the housing supply chain, including undeveloped land, foreclosed homes, and even manufacturing parts. In the last two years, a major hedge fund manager, John Paulson, has grabbed enough land in California, Arizona, and Nevada to build 25,000 homes. He’s not stopping either. His hedge fund is just one of the players investing heavily in real estate. Private equity firms are ... Read More »
New mortgage rules designed to protect consumers
Posted on February 07, 2013 by Joey.
Consumer Financial Protection Bureau (CFPB) officials unveiled new mortgage rules last month to protect consumers. Basically, they are attempting to reduce risky lending and improve transparency so borrowers understand exactly what they are agreeing to. This should prevent a mortgage crisis that spawned the housing bubble several years ago. During that housing bubble, many lenders had extremely relaxed underwriting standards. It seemed as if the goal was to simply obtain more and more loans with no attention to actually qualify borrowers. Documentation was not verified, minimum credit scor... Read More »
6504 Hirabayshi Drive, San Jose 95120 - $875,000
Posted on February 06, 2013 by Joey.
This single-family Pierce Ranch home in Almaden Valley near Camden and Meridian Avenues has 4 bedrooms and 2 1/2 baths in 2,383 square feet of space. This updated home has a formal entry with immense cathedral ceilings. The separate living and family rooms both have gas fireplaces. The gourmet eat-in kitchen features granite slab counters, a double-oven, and gas cooktop. There is also a formal dining room with wet bar.The master bedroom suite has a full bath with a jetted tub. One of the additional bedrooms has been converted to an office with a built-in office suite. There is an interior laun... Read More »
Better buy soon if you’re in the market for an Almaden Valley home
Posted on February 05, 2013 by Joey.
The San Jose housing market continues to run hot. According to RedFin’s monthly report, the home prices are up drastically in the San Jose area. The average price per square foot rose 23.1% year-over-year to $375 in December, the most expensive of all the nineteen markets covered by RedFin. Only Phoenix had a higher percentage gain (28.8%), but their price per square foot was only $91. Part of this drastic increase is due to the extremely limited inventory of houses for sale. In December of 2012, there were only 645 homes for sale in the San Jose metropolitan area, a decrease of 67.9... Read More »
6518 Bose Lane, San Jose, CA 95120
Posted on February 04, 2013 by Joey.
A new Almaden Valley single family residential home in the Country Club neighborhood just came to market for $850,000. This ranch-style home is 1,867 square feet and sits on a lot of 8,250 square feet. It features four bedrooms and two baths. The kitchen has a breakfast nook, and there is a separate dining room and living room. The living room has a fireplace for those chilly winter nights. The property also has a in-ground heated pool for those warm summer days. Amenities include double pane windows, a TV antenna for going cable free, and central heat. The list price includes a dishwas... Read More »
Join other Almaden Valley residents in discussing this year’s topic
Posted on February 02, 2013 by Joey.
Since 2002, the Silicon Valley Reads program has selected a contemporary theme and chosen books about that theme. The program encourages everyone in Santa Clara County to read the same books at the same time. Free events are offered throughout Santa Clara County. The main objective is to engage the public to think about and discuss the topic, and offer their own perspective on the subject. Silicon Valley Reads’ goal is to encourage a love of reading and a life filled with learning. The unique diversity of Silicon Valley encourages different viewpoints and ideas.In recent years, Silicon V... Read More »
Here are some things of interest in and around the Almaden Valley community
Posted on January 31, 2013 by Joey.
Besides settling down to watch the 49ers in the Super Bowl this weekend, here are some other upcoming events around the Almaden Valley community. 1. Leland Bridge Night, February 2 Leland High School’s largest fundraiser of the year, the Leland Bridge Night, will be this Saturday from 5-8pm in their cafeteria. You can celebrate Chinese New Year with good food, live performances, and a raffle to win an iPad Mini! Tickets are $30/person and will support your local school. For more information, contact Ken Leung at firstname.lastname@example.org or look at their website at www.lelandbridge.org. ... Read More »
Bay Area Sales Up 24%
Posted on January 30, 2013 by Joey.
Median home prices of existing single-family home in the entire Bay Area jumped almost 24% from a year ago December, according to real estate data reports from DataQuick. The median home price in the Bay Area was $470,000 in December, up from $380,000 a year ago. That price is the highest it’s been for any month since July 2008. Even better news is that the mid to high level homes sales are increasing, while lower-end home sales have been slower due to lack of inventory and fewer homes ending up in foreclosure.The median price in Santa Clara County rose 21% to $602,500. Sales rose about ... Read More »
What are some unorthodox ways to sell your home?
Posted on January 29, 2013 by Joey.
If you are in the market to sell your Almaden Valley home, here are some tips you may want to consider to make it more marketable. 1. Be Creative - Almost everything can be positive with the right perspective. For example, if it’s small but near good schools, focus on the neighborhood. 2. QR Code – Add a QR code to your signpost. This will make it easy for foot traffic to save and remember your property in case the flyers are all taken. Generating a QR code is incredibly easy. Look here for instructions, http://www.qurify.com/en/. 3. Freebies – Everyone loves freebie... Read More »
1361 Shelby Creek Court, San Jose, CA 95120
Posted on January 28, 2013 by Joey.
A new Almaden Valley condo in the California Ridge neighborhood just came to market for $695,000. It is 1,585 square feet and sits on a corner lot of 3,038 square feet. It features three bedrooms and three full baths. The kitchen has been remodeled with slab granite counters, stainless steel appliances, tiled floors, and stainless steel faucets. All bathrooms have also been upgraded with slab granite counters, tiled floors, and faucets. Amenities include central air and central heat, a breakfast room, and a living room in the fireplace. It is in the school districts of Williams Elementar... Read More »
5874 DRY OAK DRIVE, San Jose 95120 - $899,000
Posted on January 27, 2013 by Joey.
This 3 bedroom, 2.5 bath Almaden Valley townhouse has many upgrades in its 2,334 square feet of space. A stunning 3 3-level entry greets you as you enter the townhouse. Soaring ceilings and a multitude of windows allows tons of natural light in. Beautiful hardwood floors add a sense of warmth. The gourmet eat-in kitchen boasts granite slab counters and stainless steel appliances. Beautiful views of the surrounding Almaden hills can be had from the first and second levels, as well as the outdoor patio.The private master suite has a generous sitting area, hardwood floors, a bay window, and outdo... Read More »
Here are some things of interest in and around the Almaden Valley community
Posted on January 24, 2013 by Joey.
Here are some upcoming events around Almaden Valley. 1. San Jose Sharks Return! The NHL lockout has finally ended, and our beloved Sharks have already returned to action on the ice. Our first home game of the year is tonight at 7:30pm at HP Pavilion against the Phoenix Coyotes. Find out the rest of our home schedule here, http://sharks.nhl.com/club/schedule.htm. 2. Silicon Valley New Year Business & Tech Mixer - Successful Planning in 2013 Also tonight from 6-9pm is the Silicon Valley Business and Tech Mixer at the Silicon Valley Athletic Club, Corinthian Grand Ballroom, 196 N. Third / S... Read More »
Learn to Protect Your Almaden Home
Posted on January 23, 2013 by Joey.
In light of the recent home invasion of an elderly couple in the Graystone neighborhood of Almaden, the timing couldn’t be better for the neighborhood safety meeting that is being held on January 27 at Amato Pizza.District 10 Councilman Johnny Khamis will join a San Jose Police Department lieutenant and organizer Mia Burnham in trying to get a better understanding of the recent criminal activity in the 95120 area. They will be offering advice for Almaden homeowners on how to protect their homes and themselves.Ms. Burnham is asking Almaden Valley residents to send questions they’d l... Read More »
How to avoid loan modification hoaxes
Posted on January 22, 2013 by Joey.
With foreclosure rates as high as they are and mortgage interest rates as low as they are now, it’s not surprising that scam artists have concocted methods of taking advantage of that and preying on unsuspecting victims. The most recent scam involves loan modifications. Victims near foreclosure are prey for these scam artists as outlined by a recent New York Times article, Avoiding Loan Modification Hoaxes. Basically, scam artists claim to be able to modify a struggling homeowner’s mortgage loan in return for an up-front fee, often a very expensive one. These criminals often pos... Read More »
6397 Vegas Dr., San Jose, CA 95120
Posted on January 21, 2013 by Joey.
This single family residential home just came to market in the Sunrise Almaden community. It is a 1,468 square foot single story home and sits on a lot of 7,316 square feet. It features three bedrooms and two full bathrooms. It has an open floor plan with a large living room and family room with a wood-burning fireplace. It’s in an ideal location in Almaden, near great schools, shopping, parks, and the great community center. You can start of the day enjoying breakfast in your eat-in kitchen or breakfast nook. The house includes an attached two-car garage. The list price includes ... Read More »
Are You Ready For Some Football?
Posted on January 19, 2013 by Joey.
This Sunday the San Francisco 49ers will continue their Quest for Six in Atlanta as they take on the Falcons for the NFC Championship. Root them on along with other Almaden Valley homeowners at one of these local watering holes:The Branham Lounge1116 Branham Lane at Almaden Expressway$15 Bottomless Rolling Rock PintsThe Britannia Arms5027 Almaden Expressway18 Large Screen HDTVs, authentic British menu with 18 Beers and Ales on Draught5th Quarter Sports Bar1373 Kooser Road at Blossom HillPlenty of TVS, bar food, and beer choicesTouchdown Tommy’s5837 Camden Avenue24 oz. beer cans, tequila... Read More »
What will the housing market be like in 2013?
Posted on January 17, 2013 by Joey.
According to a recent online article by Nin-Hai Tseng for Fortune magazine, 2013 real estate projections include rising home prices. Basically, the housing bust in 2007 created some of the cheapest real estate prices in recent history. When you combine that with historically low interest rates, the last few years have been some of the best times to purchase Almaden Valley real estate. However, home prices are starting to rise now. Last November, asking prices for homes increased 3.8% from the same time last year. That was one of the largest increases since the bust in 2007. Furthermore, l... Read More »
So Much To Do at the Almaden and Vineland Branch Libraries
Posted on January 16, 2013 by Joey.
Your local Almaden library is a wealth of information and fun times. Not only are the libraries home to a vast collection of books, periodicals, and videos, they are great places to study and do research. But they also offer fun and educational activities galore.Both Almaden Valley branches of the San Jose Public Library system offer toddler and preschool storytimes. Children can practice their reading skills with Reading Buddies and Reading to Furry Friends. Teens can take SAT/ACT practice tests. And adults can join an ESL Conversation Group or Book Club. Do you need help with computer skills... Read More »
1158 Fox Meadow Court, San Jose 95120
Posted on January 15, 2013 by Joey.
This single family residential home just came to market in the Almaden Springs community. It is a large 2,862 square foot two-story home and sits on a lot of 7,930 square feet. It is simply gorgeous and spacious, both inside and outside. It features four bedrooms and two-and-a-half baths, completely updated and remodeled. It’s in a quiet location as part of a court, but the open floor plan is inviting and great for hosting get-togethers. The kitchen has new appliances and new hardwood floors, the living area has new carpet, and the exterior has a new roof and new landscaping. The m... Read More »
Rates can’t get much lower!
Posted on January 14, 2013 by Joey.
In an article for Fortune magazine, http://finance.fortune.cnn.com/2013/01/03/mortgage-rates-federal-reserve/, senior editor Stephen Gandel writes that mortgage rates may be as low as they are going to get. If you are in the market to buy an Almaden Valley home or refinance your property, you should probably do it soon. At least, that’s what two economists at the New York Federal Reserve conclude. The truth is, we’re in very confusing territory. Generally, mortgage rates move along with mortgage bond rates. However, mortgage bonds have continued to fall, and based on pric... Read More »
Here are some things of interest in and around the Almaden Valley community
Posted on January 10, 2013 by Joey.
Here are some events around Almaden Valley that might stir your interest as we start off the new year. 1. 2013 Silicon Valley International Auto Show http://www.motortrendautoshows.com/sanjose/ The 2013 edition of the Silicon Valley International Auto Shows will take place starting today and will run through this weekend (January 10-13). If you are into cars, there will be enough to keep you busy the entire day! You can test-drive a Toyota Camry, Nissan Leaf, and a new CODA electric car, sit behind the wheel of a Camaro and Cadillac CTS, and, of course, participate in the legendary Jeep all-... Read More »
Is Your New Year’s Resolution To Get Fit?
Posted on January 09, 2013 by Joey.
Many of us make the resolution to finally get fit and lose weight in the New Year. There are many places in the Almaden Valley to help you achieve your goals. There are many Almaden parks where you can enjoy the outdoors while getting some exercise. Almaden Lake Park has volleyball, hiking, and biking trails. Almaden Meadows Park has wide open spaces for walking, running, or biking. Fantastic views can be had after hiking to the top of one of the trails at Almaden Quicksilver Park. There are so many parks in the Almaden Valley, there’s bound to be one near your Almaden home.If golf is mo... Read More »
1008 Redmond Avenue, San Jose, CA 95120
Posted on January 08, 2013 by Joey.
A great Sunrise Almaden home recently came to market for $755,000. It is 1,862 square foot and sits on a lot size of 6,000 square feet. It features four bedrooms and two baths and a beautiful Koi pond entryway. It also has an energy-saving solar feature that will save you lots of money on your utility bill. The kitchen and bathrooms have been remodeled in this ranch-style home. The home also features large bedrooms, a separate family room with a wood-burning fireplace, and an attached two-car garage. Amenities include central heat, an interior laundry area, a view of the mountains, and a... Read More »
Is the fiscal cliff over now?
Posted on January 07, 2013 by Joey.
Hope your holidays were enjoyable. The real estate market doesn’t take holiday though, and there was an important event that transpired during the last couple weeks. The “fiscal cliff” was finally resolved. There were many provisions contained within, including a few that will significantly affect an Almaden Valley housing search. The “Mortgage Forgiveness Debt Relief Act” has been extended another year. Basically, mortgage debt that has been forgiven due to a short sale, loan modification, or foreclosure will be exempt from taxation. This was critically impo... Read More »
Hope you enjoy the holidays!
Posted on December 21, 2012 by Joey.
Due to the holidays, I will not be updating this blog until the new year begins. I will still be working though, so if you need any help with your Almaden Valley real estate needs, please don't hesitate to contact me. I'm here to help! Happy holidays!... Read More »
Here are some things of interest in and around the Almaden Valley community
Posted on December 20, 2012 by Joey.
Almaden Valley is a great community, and here are a few things you may be interested in this holiday season. 1. The Unicorn Thrift Shop http://www.unicornthriftshop.com/ The Unicorn Thrift Shop is a hidden gem in our community, located at the shopping center on Almaden and Redmond. Generous donations from Almaden Valley community members, friends, and customers have helped this shop thrive for almost 20 years. It is run by volunteers with all proceeds benefiting EMQ Families First, a private non-profit agency that helps children and families in need. They provide many services, mental healt... Read More »
1461 Athenour Court, San Jose 95120
Posted on December 19, 2012 by Joey.
A great Almaden Valley home recently came to market in the Almaden Meadows community. This 2,0008 square foot home sits on a lot size of 8,748 square feet and has a list price of $929k. It features four bedrooms and two-and-a-half baths. From the living room, you have a spectacular view of the mountains! There are numerous upgrades including double-front doors, double pane windows, new cabinets, granite countertops, and remodeled bathrooms. There are separate family and dining rooms as well as a breakfast room. This tri-level home also has an in-ground pool in the back yard. Amenities i... Read More »
What will the economy be like in 2013?
Posted on December 18, 2012 by Joey.
Don Lee wrote a recent Los Angeles Times Article entitled “Economists see mediocre growth in 2013.” The National Association of Business Economics has a panel of forecasters. They are economists who work at companies, universities and government. Together, they predict is a GDP growth in 2013 of 2.1%. This is virtually the same as 2012 growth of 2.2%. They also predict no change in the unemployment rate. It was 7.7% in 2012, and they forecast the exact same rate in 2013. In other words, they don’t see much change from this year. However, this consensus opinion is derive... Read More »
6358 Camden Avenue, San Jose 95120
Posted on December 17, 2012 by Joey.
A beautiful Almaden Valley home in the Crossgate neighborhood just came to market at $835,000. It’s a 2,258 square foot home on a lot size of 8,600 square feet. It features four bedrooms and three full baths. There have been many upgrades throughout the years. There is a wood beam ceiling in family room, a beautiful garden with lots of mature fruit trees, double entry doors, tile flooring, new laminate flooring, new carpets, and copper piping. This single story home has separate family and dining rooms as well as a breakfast room. There is a wood-burning fireplace in the family and... Read More »
6521 Fall River Drive, San Jose 95120
Posted on December 14, 2012 by Joey.
A huge Almaden Valley home just had another price cut, this time to $1,349,000. It features 5 bedrooms and a whopping 8 baths in this 3,000+ square foot home. It has been completely remodeled with a designer’s touch including custom cabinets, granite counters, refinished floors, and new paint. Other amenities include double pane windows, high ceilings, built-in air purifier, and central air and heat. It has plenty of room for your belongings in the three-car garage. It is in a quiet area of the Country Club neighborhood, but it is also only a short walk to the Almaden Branch Community Ce... Read More »
Here are some weekend events for the San Jose area
Posted on December 13, 2012 by Joey.
Do you have plans yet for the weekend of December 14 to 16 in the Almaden Valley area? If not, here are a few ideas. 1. 99.7 [NOW!] Triple Ho Concert http://www.ticketmaster.com/997-NOW-Triple-Ho-Show-tickets/artist/1512443 Catch two of the most viral artists ever at one concert this Friday at the Event Center at San Jose State University. PSY of “Gangnam Style” fame will be there as will be Carly Rae Jepsen of “Call Me Maybe” fame. They will be joined by Owl City, Cheryl Lloyd, Conor Maynard, and Austin Mahone. Tickets are actually sold out, but you can try StubHub... Read More »
What are the 4 Cs in regards to getting a good mortgage loan?
Posted on December 12, 2012 by Joey.
Diamond grading has their four Cs: color, cut, clarity, and carat. In Almaden Valley real estate mortgage lending, there are also four important Cs: credit, collateral, capacity, and capital. If you excel in all four categories, you will undoubtedly qualify for a great loan! 1. CreditEveryone knows that you need good credit rating to get a good loan. The basics of having a good credit rating are (a) pay your bills on time and (b) don’t overextend and use more than 30% of your overall credit limit. Note that many bills can affect your credit rating though, not just credit card bills. ... Read More »
6309 Desert Flame Drive, San Jose 95120
Posted on December 11, 2012 by Joey.
A great Almaden Valley home in the Crossgate community just had a price cut to $869,888. It’s a 1,840 square foot home featuring four bedrooms and two baths. It sits on a lot of 8,000 square feet. It has an eat-in, updated kitchen, large family and living rooms, and a two-car garage. The open floor plan is great for entertaining guests, but the quiet neighborhood is peaceful when you’re not. The backyard has a beautiful patio to enjoy warm evenings outside. Amenities include central air and heat, a double-sided fireplace for both the family and living rooms, and canned lights... Read More »
Know the pros and cons before taking out a reverse mortgage
Posted on December 10, 2012 by Joey.
Initially, reverse mortgages were designed to help those who are “house rich” but “cash poor.” Basically, some homeowners have a lot of equity in their homes but not much in monthly income, especially retired people who no longer have jobs. This may be particularly true in areas of expensive real estate such as owners of Almaden Valley homes. The reverse mortgage concept allows these homeowners to take out loans called reverse mortgages against their homes. In many situations, these loans don’t ever have to be paid back while the homeowner is alive. Instead, ... Read More »
Before you seriously start looking for a home, you should address these issues
Posted on December 07, 2012 by Joey.
If you are in the market to purchase Almaden Valley real estate, then there are a few things you should address immediately before you even start looking at houses.1. Price RangeBefore you get down on underwhelming properties or teased by unaffordable homes, you need to know what price range of home you can truly afford and how much loan you will be approved for. This is something a mortgage broker can help you with, but a previous blog, How Much Home Can You Afford?, outlines some guidelines that you can calculate yourself. Best case is to actually get a pre-approval letter before you start... Read More »
Sign your child up now for upcoming sports seasons
Posted on December 06, 2012 by Joey.
Signups for upcoming sports teams around the Almaden Valley area have already begun. If you have a child interested in softball or lacrosse, reserve your spots now before they fill up.1. South Valley Chiefs Lacrossehttp://www.southvalleylacrosse.com/Do you have children aged 9 through high school? Are they interested in learning or playing lacrosse. If so, you should look into South Valley Lacrosse. It is a volunteer organization designed to promote the sport of lacrosse. Players of all skill levels are welcome to join. It’s a great chance to learn a new sport, be part of a team, g... Read More »
20748 Scenic Vista Drive, San Jose 95120
Posted on December 05, 2012 by Joey.
If you have the budget and can afford it, Almaden Valley homes don’t come much better than this great property on 20748 Scenic Vista Drive. It truly is a resort-like property. It is a massive 4,472 square foot gated-home on an even more massive 102,801 square foot property (2.36 acres). It features four bedrooms and three full baths, and the open floor plan is fantastic for hosting parties. It has all the standard amenities that you would hope for in a modern home: central air and heat, breakfast nook, breakfast bar, eat-in kitchen, wood-burning fireplace, interior laundry area, etc.... Read More »
You can still buy a home after a foreclosure!
Posted on December 04, 2012 by Joey.
Do you have a foreclosure on your record? Were you a victim of the housing bust in 2009? Did you give looking to buy another Almaden Valley home because of it? If so, don’t give up hope quite yet!You might be familiar with common loans such as Fannie Mae and Freddie Mac. You were required to wait seven years after a foreclosure before you could be approved for one of those loans. However, FHA loans only require you to wait three years. If you had a foreclosure during the housing crisis in 2009 but have had a clean credit report since then, you might be able to qualify for an FHA lo... Read More »
6314 Lillian Way, San Jose 95120
Posted on December 03, 2012 by Joey.
A single family residential home just came to market in the Sunrise Almaden community. This 1,423 square foot home features three bedrooms and two baths and sits on a lot size of 6,000 square feet. The kitchen has a breakfast bar and has been remodeled with granite counters, custom cabinets, and recessed lighting. It will include the dishwasher, cooktop range, and built-in oven. The living room has a wood-burning fireplace for those cold winter nights, and both bathrooms have been updated recently. Amenities include central air and heat, dual pane windows, and hardwood floors. There is a... Read More »
How do the Almaden Valley schools rank?
Posted on November 30, 2012 by Joey.
If you have children in school, you are probably concerned about the schools in the area of your [future] home. Fortunately, Almaden Valley is full of fantastic schools. In fact, you really can’t go wrong with any school in the entire Almaden Valley. That being said, if you want to research individual schools, there are countless number of sites to find information. Here are a few.Great Schools School Ratings TruliaWhen assessing schools, the Academic Performance Index (API) is the most common referred to figure of merit. Basically, it’s a score between 200 and 1000, the highe... Read More »
Get in the holiday spirit with festivities this weekend
Posted on November 29, 2012 by Joey.
If you have an Almaden Valley home or just live in the San Jose area, Christmas festivities have begun. Here are a few to enjoy for the weekend of November 30 to December 2.1. Vasona Park Fantasy of Lightshttp://www.sccgov.org/sites/parks/Pages/14th-Annual-Fantasy-of-Lights.aspxVasona Park’s 14th Annual Fantasy of Lights actually began last weekend, and it runs through December 31. However, catch it early to save a few dollars. It’s only $10 per vehicle until Thursday, December 6. After that, it goes up to $15 per car. In case you didn’t know, it is a 1.5 mile drive thro... Read More »
1157 Pheasant Hill Dr., San Jose 95120
Posted on November 28, 2012 by Joey.
A large 1,835 square foot Almaden Valley townhouse in the Country View Estates neighborhood just had a huge price cut from $849,000 to $765,000! This home features three bedrooms and two-and-a-half baths. The kitchen has granite counters, stainless steel appliances, and a gas range. There are separate family and dining rooms, a private patio, and a fireplace in the living room. The master bedroom has a large walk-in closet, and the bathrooms have been remodeled with travertine counters and showers. Amenities include central air and heat, an interior laundry area, and a private patio. The... Read More »
6847 Dalmeny Ct., San Jose 95120
Posted on November 27, 2012 by Joey.
A large 2,167 square foot Almaden Valley home in the Shadowbrook neighborhood just came to market for $918,000. This ranch-style single family residential home features four bedrooms and two full baths, and it sits on a lot of 8,050 square feet. The kitchen has a breakfast nook and will include the dishwasher, cooktop range, disposal, and built-in oven. There are separate family and dining rooms in addition to a utility room. Amenities include central air and heat, an interior laundry area, and a security alarm system. There is an attached two-car garage. It’s in a beautiful area nex... Read More »
There are fewer opportunities to purchase foreclosures
Posted on November 26, 2012 by Joey.
If you are simply sitting on the sidelines waiting for a rock-bottom price on a foreclosure, you might want to stop sitting. The number of foreclosures is declining, so you might have to open up your search for a more conventional Almaden Valley home. According to an report from the San Jose Mercury News, Pete Carey reported that the Bay Area sees a big increase in cancellation of foreclosure options, http://www.mercurynews.com/business/ci_21990195/bay-area-sees-big-increase-cancellation-foreclosure-auctions?source=email.The numbers clearly show foreclosures are decreasing. ForeclosureRadar... Read More »
What to do as an Almaden Valley resident the weekend of November 22 to 25
Posted on November 21, 2012 by Joey.
If you have an Almaden Valley home or just live in the San Jose area, there are always many interesting things to do on the weekend. Here are a few for Thanksgiving weekend.1. Tree Lightinghttp://www.christmasinthepark.com/tree-lighting.htmlKick off the holiday season in downtown San Jose for the annual tree lighting ceremony to open a new year of Christmas in the Park. The festivities begin on Friday, November 23, at 5:30pm at Plaza De Cesar Chavez Park. After the lighting, enjoy an evening downtown riding carnival rides, looking at arts and crafts, and seeing all the different holiday dis... Read More »
Some good deals to find on Black Friday
Posted on November 20, 2012 by Joey.
If you feel like waking up early after your Thanksgiving feast and want to find some great deals on holiday shopping, there is surely a bargain to be found. Here are a few Black Friday deals courtesy of http://www.bfads.net.If real Christmas trees are too expensive, messy, and time-consuming to maintain, then you can find a great deal on an artificial Christmas tree at Lowes. They have a 6 1/2 foot tree with clear lights for only $48 on Friday, regularly priced at $98. Price is effective Thanksgiving Day at 12:01am ET.http://www.lowes.com/cd_Black+Friday_584207998_?cm_mmc=search_google-_-Ho... Read More »
Prices are on the rise, time to buy now
Posted on November 19, 2012 by Joey.
If you are not looking for an Almaden Valley home yet, you should be! Home prices in the entire Bay Area have been increasing steadily as reported by the Mercury News, http://www.mercurynews.com/business/ci_21995556/bay-area-home-sales-continue-yearly-gains. Data specific to Almaden Valley weren’t reported, but Santa Clara County had a 24% increase over last year in number of single family residential homes sold. Similarly, prices on those homes in Santa Clara County also increased almost 20% over that same time period, to a median of $619,750. Naturally, part of those increases is d... Read More »
What to do as an Almaden Valley resident the weekend of November 16 to 18.
Posted on November 16, 2012 by Joey.
If you have an Almaden Valley home or just live in the San Jose area, there are always many interesting things to do on the weekend. Here are a few for the weekend of November 16-18.1. Christmas Treeshttp://www.summerwindsca.com/As you must know as an Almaden Valley real estate owner, our beloved Summer Winds Nursery was destroyed by a fire on August 28, 2012. What better way to show Christmas spirit than to help them get back on their feet again? They will open to sell Christmas trees on November 20 with a Christmas tree lot. They will sell fresh cut trees, poinsettias, wreaths, and more ... Read More »
6911 Serenity Way, San Jose 95120
Posted on November 15, 2012 by Joey.
A large, 2,243 square foot Almaden Valley home in the Glenview Serenity neighborhood just came to market under $1,000,000. This tri-level single family residential home features four bedrooms and two-and-a-half baths, and it sits on a lot of 10,000 square feet. The spacious kitchen has a breakfast nook and will include the dishwasher and built-in oven. There are separate family and dining rooms in addition to a utility room. Amenities include central air and heat, an interior laundry area, bay windows, and vaulted ceilings. There is an attached two-car garage and enough space on the propert... Read More »