Creating a memorable 1st impression with the home improvements pays off, according to remodeling magazine of Nove 2010 Cost vs Value REeport and mos of them does not cost an arm or leg. The top projects are as follows. 1.PROJECT 1: Entry Door Replacement (Steel) Cost $1,218 Resale value $1,243 Cost recouped 102.1% Removing the [...]
Let us look at the Sunnnyvale Real Estate market from July 2008 to January 2009. The inventory dropped from 187 to 150. A month of July 2008 was sold 62 homes and January this year sold only 28 homes. The average Sunnyvale homes dropped from $851,510 to $676,263 The mediam price dropped from $875K to [...]
There is an article of “But even real estate in the best Zip Codes are spending longer on the market than in 2007″ from the businessweek.com. The author said that “Houses in Sunnyvale, Calif., home to companies such as Juniper Network (JNPR), AMD (AMD), and Yahoo! (YHOO), are typically on the market for 66 days, [...]
What short sale is: When the owner cannot make the monthly payment and a short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic hardship It is pre foreclosure situation. The owner’s hardship could be divorce, job loss, sickness, bankruptcy or combination the financial problems all [...]
“Short sale” becomes a buzz word nowadays but what is that? According to About.com the short sale is A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than [...]
Saratoga Villa sold in 11 days (photo fromwww.reil.com) Often times someone will ask me: “Should I sell, don’t sell, purchase, don’t purchase?” “When is the best time for our Real Estate Market?” Let us look at the real estate stat from the www.reil.com The 2007 1st Q inventory: 3368; Closed sales: 2244; average days: 48 days; sold [...]
Follow Us!
Grace Keng
408-799-8887
GraceKeng1@Gmail.com