Property for Sale: 1660 Duvall Drive, San Jose, CA

This Updated Home Has 4 Bedrooms And 3 Bathrooms, Updated Includes: Recessed Lighting, Tiled Floors, Newer Countertops, Lazy Susan In The Kitchen, And Dual Sinks In The Master Suite, Composition Roof, Central Forced Air Heat, 2 Car Garage, Not A Short Sale! Asking $665,000. Information Provided By Sellers And Others Has Not Been Verified By CENTURY 21 Alpha.

Property for Sale: 954 Nantucket Court, San Jose, CA.

Wonderful Duet-Home Style Townhouse! No Home Owner Association Dues, 3 Bedrooms, 2.5 Bathrooms, Separate Family Room, Separate Dining Room, Fireplace In Family Room, Central Forced Air Heat, Breakfast Nook, Shower Over Tub, 2 Car Garage, Inside Laundry Hook-Ups. Great Price For This Home! Not A Short Sale! Asking $474,000. Information Provided By Sellers And Others Has Not Been Verified By CENTURY 21 Alpha.

What You Need to Know About Getting a Mortgage on a Flipper Home

In the past, getting a flipper home mortgage was easy. Not so anymore.

In fact, as recent as a year ago, buyers were happy to buy a home that was not a short sale or a foreclosure. Nowadays, if the home isn't a distressed sale, you might want to ask yourself why. In some parts of the country, half to three-fourths of all home sales are bank-owned or short sale offerings.

Conventional lenders are following FHA lending guidelines and invoking seasoning requirements on new financing. Before you get all excited over making an offer, pull up the title records of the home you intend to buy and find out how long the seller has owned it. Some investors are buying homes at foreclosure auctions or at trustee's sales and attempting to immediately resell them. However, your lender might refuse to lend to you under these circumstances . . . read more about Flipper Home Mortgages.

Property for Sale: 1025 Chula Vista Terrace, Sunnyvale, CA

View Album

Get your own

Location ! Location ! Location ! This Remodeled 3 Bedrooms And 1.5 Bathrooms Townhouse is Ready For You To Move In, Stunning and Spacious, Comfortable And Cozy, Home Features: Laminate Floor, Tile Floor, Double Pane Windows, Ceiling Fans, Private Patio, Fireplace, Inside Laundry, Easy Access To Everywhere, Asking $520,000. Information Provided By Seller And Others Has Not Been Verified By CENTURY 21 Alpha.

U.S. bank stress tests to show capital needs: source | Reuters

WASHINGTON (Reuters) - Financial regulators will soon launch a series of "stress tests" to determine which of the largest U.S. banks should get bigger capital cushions in case of a deeper recession, a person familiar with Obama administration plans said on Saturday.

The person, speaking on condition of anonymity, said if institutions were found to need additional capital, financial authorities would provide them with an "extra cushion of support."

More

Property for Sale: 108 Chetwood Drive, Mountain View, CA

View Album

Get your own

Location, Location, Location, This Whisman Station Home Featured 3 Bedrooms, 2.5 Bathrooms, Better Than New, Upgrades Includes: Granite Countertop, Bathroom Floors, Appliances, Paint Inside And Outside, High Ceilings, Bamboo Floors, Double Pane Window, Gas Hookup In Kitchen, Central Forced Air Heat, Gas Starter Fireplace In Living Room, Living Room/Dining Room Combo, 2 Car Garage, Light And Airy, Near Park, Community Pool And Spa, Convenient Location, Asking $799,888. Information Provided By Seller And Others Has Not Been Verified By CENTURY 21 Alpha.

Is It Smart to Buy Before Selling Your Home?

Almost one-third of the inventory in the Sacramento market where I specialize is sold vacant. Empty houses mean the sellers have generally bought another home and moved on, although it could mean it's a probate sale or the sellers were suddenly transferred to another city. But most of the time, they bought before they sold.

How risky is it to own two homes at the same time? Think about this: some sellers obtain bridge loans and don't make any payments until their old home sells. Would you say that's a motivated seller? . . . read more about Buying Before Selling.

Property for Sale: 914 Delmas Avenue San Jose CA

Desirable Willow Glen Neighborhood, Three Bedrooms, One And A Half Bathrooms, Full Basement, Central Forced Air Heat, Dinging Area In Family Room, Shower Over Tub, Composition Roof, Must See At This Great Price! Not A Short Sale! Asking $459,900

Property for Sale: 3179 Lone Bluff Way, San Jose CA

Walk To Los Lagos Golf Course ! This Nice South San Jose Home Has Three Bedroom, One And A Half Bathrooms, Hugh Lot, Some Double Pane Windows, Composition Roof, Central Forced Air Heat, Separate Family Room, Living Room/Dinging Room Combo, Shower Over Tub, Not A Short Sale. Asking $274,900

Porperty for Sale - 6106 Hutton Court, San Jose

Charming Blossom Valley Beauty ! This Four Bedrooms And Two Bathrooms Home Has Many Upgrades: Newer Kitchen Counter, Cabinets, Updated Bathrooms With Tile Floors, Central Forced Heat, Separate Family Room With Fireplace, Composition Roof, Two Car Garage, Not A Short Sale ! Asking $432,250

Porperty for Sale - 2960 Trinity River Court, San Jose

Better Take A Look ! This Lovely Three Bedrooms And Two Bathrooms Single Family Home Is Ready For You, Home Features Living Room And Dining Room Combination, Central Forced Air Heat, Shower Over Tub, Composition Roof, Garage Converted To A 1 Bath Studio With Kitchen (Permits Unknown), Hugh Lot, Must See! Not A Short Sale! Asking $305,000.

Cost-Effective Tips to Sell a Home

In today’s real estate market, sellers need additional advice on how to cost-effectively prepare their homes in order to sell quickly. With an abundance of homes on the market, waiting several months to sell a home could leave many recession-plagued sellers in financial distress.

More

Home for Sale: 1671 Grace Avenue, San Jose

Beautiful Home In The Desirable Willow Glen/Campbell Neighborhood !! This Four Bedrooms And 2 Bathrooms Is Updated Throughout, Beautiful Master Bedrooms With Wall To Wall Closet, Master Bathrooms With Soaking Tub And Separate Shower, Extra Large Two Car Garage, Some Gleaming Hardwood Floors, Composition Roof, Charming Large Private Backyard With Lots Of Trees, Must See! Not a Short Sale! $669,900

Five Ways to Find Foreclosures

One of the challenges facing President Obama in dealing with the struggling housing market is going to be tackling the staggering number of foreclosures on the market.

In the Financial Stability Plan, introduced today by Treasury Secretary Timothy Geithner, the government is proposing spending $50 billion on foreclosure prevention programs (see Inman News story). And while this may help stem the tide of future foreclosures it won’t help those homeowners who have already lost their homes.

More

Blogged with the Flock Browser

What are the Stimulus Plan and TARP II going to mean for the housing and mortgage markets?

While I could write for a LONG time about it, I’m going to limit it to what I feel are the top 6 things that I think could very well happen. Keep in mind, this is being written after watching President Obama’s press conference but before anything gets passed.

1. The market is expecting that both the Stimulus Plan and TARP II will provide “the answer” to the problems that are currently plaguing our economy. With that being said, I believe the markets will be disappointed because the problems facing the economy are way more complex and urgent than what one or two bills can solve. The disappointment will put downward pressure on stocks and upward pressure on rates.

More

Blogged with the Flock Browser

Is it Safe to Buy a Home in a Down Market?

It's scary for home buyers and sellers when markets change. Just when you think you know what's going on in real estate -- POOF -- it changes! It might help, though, to know that markets move in cycles.

Sometimes they go up, sometimes down; sometimes they are moving around in circles, but the real estate market is never so squirrelly that economists can't point to past performance as some kind of indicator of future direction. Yet, change is enough to stop some would-be buyers stone cold and cause them to fret about the consequences of buying in a down market. Is it safe? Is it smart? The answers will astonish you . . . read more about Home Buying in a Down Market.

Blogged with the Flock Browser

Good times, bad times: Two views of spring home-buying season - MarketWatch

When you face a big decision that you are conflicted about, and you keep asking yourself should I or shouldn't I, the experts who give advice on such things say you ought to take a piece of paper and fold it down the middle, then write the reasons to do the thing on one side and the reasons not to do it on the other. When you're done making your lists, your dilemma will likely have sorted itself out.

More

Blogged with the Flock Browser

What are Buyer and Seller Markets?

When most people set out to buy or sell, they're not wondering about whether it's a seller's or a buyer's market.

Home buyers and sellers are thinking about their own needs, about buying or selling. Moreover, sometimes agents, in their rush to grab a listing or sign up that buyer on a buyer’s broker agreement, don’t talk about the marketplace or educate their clients.

One of the first steps any serious seller or buyer should make is to determine the temperature in the marketplace. Is it hot, cold or neutral? It can mean a world of difference regarding your bottom line because your negotiation tactics will be polar opposites in opposing markets. The way you make money in a seller’s market would lose you money in a buyer’s market. Being uninformed about markets could cost you big time . . . read more about Buyers' and Sellers' Real Estate Markets.

Blogged with the Flock Browser