“HOME of THE WEEK” Open House

Chocolate chip cookies and this sizable, 5 bedroom, 3 bath, 3 car garage home await your visit at the Open House on 6/15/13 from 1-4 pm.  As a primer watch this VIDEO Tour of the home:

This Shea built, East facing home is so easy to love: Central A/C, ceiling fans, short commute to Monterrey or Santa Clara Counties, downstairs bedroom and full bath, granite counter top and custom tile back splash, low maintenance landscape….

Why not come see it for yourself?

Beautiful 5 Bd./3 Bth. Hollister Home

Watch this short VIDEO Tour of 1340 Canto Ct., Hollister, CA.

This large 5 bedroom, 3 bath and 3 car garage is on a private court with just 6 homes on either side. Accent colors, custom floors and tile splash backs add to the turn-key features of this Hollister beauty. It has over 2,700 sq. ft., central air conditioning and a Spanish Tile roof. Schools, parks and shopping are literally within walking distance. Likewise, the location of this home makes for an easy commute to Monterey or Santa Clara Counties. In this market and, with the pricing being asked in this traditional sale, this home will not be available very long.

Text, call or email me with your questions and for your own personal tour.

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Nice South Monterey Cnty Home

English: Greenfield House

Wow! A 4 bedroom, 2 bath, 1,805 sq. ft. home on 6,100 sq. ft. lot for this price?!

It’s 8 years young, is on a corner lot and is walking distance from a park and the schools.  Only 3/4 of a mile from Hwy 101 makes for an easy commute.  Surrounded by 100′s of acres of farm land with views of the mountains lining the valley makes this Greenfield home a peaceful place.

BTW: this is NOT the nice home in Greenfield, CA.  This one is England.  Nice pic however.

Watch for Open House dates/times.  The first is Saturday, 5/4/13 from 10 AM to 1 PM.

Did I mention the price?  $200,000.

 


 

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Morgan Hill Home Sale Changes

What a difference a year makes in the housing business!

The ‘Great’ News for Morgan Hill is that only 9% of the sales were Short Sales or REOs in 1Q13.  That means that the length of time on the market dropped dramatically while the prices jumped.  Owners are starting to notice the change.

The Bad News (for buyers) is that there has been a 56% drop in the number Morgan Hill sales from 1Q12 to 1Q13.  Prices are climbing at a healthy rate.

Actually, that is great news for homeowners because their values are rising.  “Staying” and “refinancing” are the bywords this year (so far).  Those few homeowners who want to sell typically see multiple offers soon after they list their home for sale and end up with prices higher than what they listed for.

Since Morgan Hill home values are still lower than the ’05 peak and with interest rates down around 4% it is a great time for those who want to buy a home in our awesome little community.

Where do you think it’s all going?

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Refinance…Rates Are Headed North

Home loan interest rates have risen over the last week.  We have enjoyed rates in the  “3′s” for the last several   months.  Today, however, we are nudging up against 4.0%.  The impact on home loan payments, and qualifying is really surprising! Here, for example, is the affect on a $300,000 fixed rate, fully amortized loan that went up .5% from 3.5 to 4.0%:

4.0%                                       $1,432.25/ mth
3.5%                                      - 1,347.13/ mth
Increase:                                    $85.12 every month
Increase in income to qualify:  $224/ mth

4.5%                                      $1,520.06/ mth
3.5%                                      - 1,347.13/ mth
Increase:                                 $172.93 every month
Increase in income to qualify:     $455/ mth

So, will the interest rates go up further?  How much?  How fast?  What do you think?  This is not a time to ponder.  It’s a time to pursue! Why not text or email me your current: Loan Balance, Principle & Interest payment, and interest rate.  Or, you could just email me a copy of your current home loan statement.  I will send back to you how much a refinance will save you each month.

(APR for 3.5%: 3.875%, 4.0%s APR: 4.374%, APR for 4.5%: 4.873%)

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Your Cell Phone: Nat’l Do Not Call List

Just a reminder!  Cell Phone Numbers Go Public this month.

REMINDER….. all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls….. YOU WILL BE CHARGED FOR THESE CALLS

To prevent this, call the following number from your cell phone: 888-382-1222.

It is the National DO NOT CALL list. It will only take a minute of your time.  It blocks your number for five (5) years.  You must call from the cell phone number you want to have blocked.  You cannot call from a different phone number.

HELP OTHERS BY PASSING THIS ON.  It takes about 20 seconds:  https://www.donotcall.gov/default.aspx

(Thanks Marilyn Ferreira for this information)

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Here is An “11″ on 1-10 Scale.

Wow! 1458 Eagles Nest in Gilroy is a complete package. Watch this Video Tour and you will see what I mean.

The home itself is the best example of “Turn-Key”. It could be in Sunset Magazine.

Due to its Northwest location in Gilroy this 5 bed., 3 bath, home is an easy commute to San Jose.  It also lies within the famed Luigi Aprea Elementary and Christopher High School Districts.  A short walk takes you to Sunset Part where you have tennis courts, a playground and expansive lawns.  When you are back home you have your own, large, private backyard.  The best news: with all of these assets - there is no HOA Dues.

This is a traditional sale – NOT a so-called Short Sale or Foreclosure.  You can buy it and be moved in before Halloween.

Why not call/text or email me for your own, personal tour?  Or, tell your Bay Area friends to contact me. This one will not last long!

I look forward to your comments (below) on this wonderful home.

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New, or Previously Owned Home?

Model Homes This WayTouring model homes is fun – even inspirational!  They are perfectly decorated and have all of the most current upgrades possible. So, it is an easy leap to want to buy a new home vs. a resale home.

But, is that impulse supported by experience?

True, with a new home you get to choose your colors and textures.  Of course, everything is new.  After you spent all of your cash (and some of your parent’s) for down payment and closing costs you’ll find out that YOUR new home has no window treatments, sprinklers or landscaping.  Unless you already have your ‘frig, washer and dryer, you’ll get to buy those too. Then, AFTER you moved in you will see what kind of neighbors move in around you.

A resale home’s windows has shades or curtains, sprinklers and mature landscaping. Sometimes a seller will offer the ‘frig, washer or dryer for a nominal fee.  They may even agree to pay some of your closing costs. The personality of the neighborhood is quickly discerned before you buy the home.  You may not love the colors or, want to remove a bush or trim back a tree but those minor changes can be done as you have the time and means.

When you include a Home Warranty with a resale purchase, virtually all of the used components are covered: ‘either repair or replace’ is how that policy works.

What is your opinion?

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Come to an Open House in Santa Cruz

Watermelon and computerWatermelon, chocolate chip cookies and a nice home await you in Santa Cruz.  Come out to 3 Lyle Way, Santa Cruz (off Graham Hill Rd.) between 1 – 4 PM Sat. 5/26.   This nice 4 bed., 2 bath home has 1,700 s.f. and sits on a 14,000 s.f. lot!

Just 3.5 mi is Santa Cruz Beach Boardwalk and Steamer’s Lane.  A few blocks away is Pasatiempo Golf & Country Club. That course is ranked 3rd best in CA!  When it’s time to go to work this home is only 30 miles from Cupertino and Silicon Valley.

Can’t come over? Watch the VIDEO Tour of this home at www.CaHomes411.com/video.

Let me know you are coming so I make sure to have enough goodies.

 

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Nice 4 bd. 2 bth. Home in Santa Cruz

WOW!  What a nice home in a GREAT LOCATION! Don’t miss seeing this one.

This 1,700 s.f. home sits on a 14,000 s.f. lot just 3.5 miles from Santa Cruz Beach Boardwalk and only 30 miles from Silicon Valley.  A few block away is Pasatiempo Golf & Country Club – rated the 3rd best course in CA!

Here is a home with a compelling backyard and huge side yard.  Enjoy the gazebo and hot tub. The customized deck even has 3 gas outlets for your BBQ and radiant heaters.

Take a look at the VIDEO Tour of: 3 Lyle Way, Santa Cruz, CA.  It will be like being there.  Then, call/text me for your own, personal tour.

So, what do you think?

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