Does anyone uses the agentpro247.com?

It is a way to find out the property profiles regarding the foreclosure mortgage, ARM reset data.

You can find the owners who may be the leads for the short sale owners. It cost about $30/mo to load 1000 records.

I found there is another two web page you can do it like foreclosureradar.com, You may find more information from the dataquick site www.dataquick.com Both those two sites charge $49/mo.

Anyone has use any of the above web sites to get the owner's data. As the new regulation to the title company's ability to provide us the vital property profiles, we need get the information ourselves. I don't know anyone uses any product? Please let me know.

If you or someone you know is thinking of buying or selling a property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me. I offer a free 45 min. consultation. You may email me GraceKeng1@gmail.com for an appoinment.

1437 S. Mary Ave., Sunnyvale, CA 94087

•·       Beautiful home in Sunnyvale with Cupertino Schools.

•·       Approximately 1768 SQFT living space on over 8000 SQFT lot.

•·       Built in year 1960.

•·       4 bedrooms, 2 bathrooms, 2 car garages.

•·       Dual pane windows in all rooms.

•·       Spacious living and family room with gleaming hardwood floor.

•·       Central forced heating and central vacuum cleaning system.

•·       Skylight in kitchen.

•·       New water heater.

•·       Nice front and back yards.

•·       Powerful ceiling fan to keep the house cool.

•·       Termite Section I and roof repair works are done.

•·       Great schools: West Valley Elem. (API 930), Cupertino Middle (API 913), and Homestead High (API 840)

•·       Close to shopping, park, and work!

•·       Located in the heart of Silicon Valley, easy commute with Highway 280 and 85.

Sunnyvale CA June 2009 Real Estate Market

Posted on 31 July 2009 by gracekeng

What is the current Sunnyvale Ca Real Estate market? If we compare from June 2008 to June 2009, you will find some interesting changes:

1). Home inventory reduced from from last year's 203 to this year 193.  The numbers of sold homes has dropped from last year 63 to 59 this year.

2.) The average hoThis June sales price is $762,735 vs last June's ' $918,552. The median sales of June sales price is lower from last year's $898,000 to this year's  $755,000 .

3.) Last June took average 35 days to sell a home however this year will need 79 days to sell a home.

This real estate trend is the same as last month. In June of 2009 there are 4.92% less homes inventory  and this year there is  6.6 % less the Sunnyvale homes get sold.  The average Sunnyvale sales price dropped 16.96% and the Sunnyvale median price homes dropped 13.96% from last June to this June.  The above data information came from the www.reil.com.

If you or someone you know is thinking of buying or selling a property in Santa Clara County (Sunnyvale, Cupertino, Saratoga, Mountain View, San Jose), California, please contact me. I offer a free 45 min. consultation. You may email me GraceKeng1@gmail.com for an appoinment.

What is the current Cupertino Ca Real Estate market? Let us compare from June 2008 to June 2009 we can see some interesting changes:

1). Home inventory rose this year to 132 from last year's 79.  The numbers of sold homes dropped this year to 37 from last year's 38.

2.) The average Cupertino homes sales price is lower this year.  This June's sales
price is $1,148,020 vs last June $1,199,084. The median sales of
June 2009 is $1.111,000 which has dropped from last June $1,197,000.

3.) Last June took  average 35 days to sell a home but  it took 50 days this year.

This real estate trend is the same as last month. In June of 2009
there were 67% more homes for sale  and 33% less Cupertino homes
were sold. The average Cupertino sales price dropped 4.25% and the
Cupertino median price homes has dropped 7.18% from last June to this June.
The above data information came from the www.reil.com.

Grace Keng of RE/MAX Real Estate Services DRE#00919545  the members of the National Association of Realtors, (NAR),the California Association of Realtors, (CAR), and the Silicon ValleyAssociation of Realtors, (SILVAR),  MLS listings Services, (REIL).

The left graph shows the median price of Santa Clara county value from July 2008 to July 2009.

Sunnyvale property values increased much better than most other cities in the Santa Clara County, according to the annual tax roll released by the office of Santa Clara County assessor, Larry Stone on July 1, 2009.  Sunnyvale saw a 4.75 % gain in assessed property values. Only Mountain View saw a higher gain as 6.22% than Sunnyvale.

Each year the county appraisers reassess the value of residential and commercial property. According the deputy to the assessor, David Ginsborg  the Sunnyvale property values grew significantly in the form of redevelopment, and the Sunnyvale town Center project,

Ginsborg said:" Assessment values are typically affected by changes in ownership, new construction and property tax reductions when market values fall below assessed values."

This year a significant number of changes in ownership are home in foreclosures and distressed sales. Sunnyvale remained steady because it has older and more established communities. On the other hands, the communities with newly constructed, entry-level homes such as Gilroy, were hit hardest. Ginsborg said, Gilroy had a 9.48% drop which is the most in the county.If you want to read more, you can find it at Sunnyvale sun.

The assessed values has steadily declining for last three years. In 2008, the number of foreclosures in Santa Clara county has gone up fourfold to 6200. Although property assessment is dropping in Santa Clara County, the minor growth in cities like Sunnyvale is significant relative to the rest of California.

Buying bank owned homes strategy

This Sunnyvale bank owned home 418 S. Mary Ave was sold quickly with over 20 offers. The asking price is $420,750 and the sold price probably will be over $550,000.
                                                                                

How to buy a good deal of bank owned own homes, you need to follow the following rules:

1). Price and initial deposit. The price is major issue. If you only qualify to buy $430K and try to put an offer to buy a home for the asking price then you will be disappointed. The asking price is like a teaser price which is not the reflect the real price.You need to ask the your agent to run an Comparable Market Analysis which will show the current value that include of homes on the market, pending sales and sold homes in the neighborhood.
The May home's comps  shows over $600K with good condition. This home's condition is marginal with non-permitted remodeling work. You need to put a correct purchase price with 3% initial deposit.

2). Contingency period: This the period of time for buyer to inspect the home and find a real estate loan . Don't take longer then 15 days to do those activities.

3). Close the home to be within 30 days after acceptance. The bank usually likes the home to be close within 30 days All cash offer will be the best to them.

Grace Keng of RE/MAX Real Estate Services DRE#00919545  the members of the National Association of Realtors, (NAR),the California Association of Realtors, (CAR), and the Silicon Valley
Association of Realtors, (SILVAR),  MLS listings Services, (REIL).

Cupertino is a mid sized city. It is about 45 minutes drive to city of San Francisco. It is close to the heart of Silicon Valley. Cupertino offers a short commute to most high tech firms, including the headquarters of HP, Apple, Trend Micro System, Symantec and Borland. Cupertino has joined Milpitas as the second city in the silicon Valley where the majority of residents is Asian.Cupertino is best renowned for the quality of its schools for good students and teachers with end result of great API scores.

 Many schools have won state and national recognition for their academic excellence. The Computer education is one of best part. The Vice President Al Gore once visited theMonta Vista High School and Homestead High was honored at a White House ceremony. While Cupertino schools receive most of the attention, the recreational activities are plentiful as well also.

The city itself offers over 200 activities from cross culture acitivities for different backgrounds to  the soccer teams. There are a lot of  after-school music programs. Residents enjoy the city events such as the arts and wine festival, Heritage parade , Summer Shakespeare concert, sun down movies , Spring Cherry Blossom festival etc. The Cupertino has 13 parks, a nature preserve, and a racquet club as well as bowling and ice-skating. The local Junior College, De Anza, offers many classes for local community. The Cupertino weather is mild from the winter average temperatures from  50 degrees to summer averages around 80 to 90 degrees.

Cupertino has a wide variety of housing choices. The view homes  are more expensive, around 1 to $2 millions in price. The rest city homes are more moderately from a condo of $400k to a single family home for $900,000. This spring I sold a newer Cupertino homes in Seven Spring for over 1.3 millions. While schools receive most of the attention in Cupertino, recreational activities are plentiful as well. Residents enjoy the city events such as the arts and wine festival, Heritage parade and De Anza Days under pleasant skies with winter average temperatures of around 50 degrees and summer averages around 80 degrees. Cupertino is a great place to live!

Now it is a buyer's market. the buyer's have a buffet to choose from all kinds of the homes. There are a lot of good deals now I found a good REO (Real Estate Owned) home at 418 S Mary Ave in Sunnyvale asking price is only  $420,750. It is a 3 bedrooms 2 baths 2 car garage home. The schools are Cumberland, Sunnyvale Middle, Homestead High. This home is listed by REO group of RE/MAX Real Estate Services. Last spring there was a home at the Mary Ave sold for $692,000.  This home is about $270,000 lower then last home. This home is a REO home. What is the tips to buy a REO home?

· Finding a good realtor: A good realtor will help you find the home and assist you to submit the offer.

· Prepare the financial statement: Unless you can pay all cash home then you need a direct lender to write a pre-approval letter . You meet with a few lenders to find out one can offer you the best interest rate and term and just work with one.

· Determine the market value of the home: Ask the realtor to prepare a Market Analysis for this home. You use the current available homes, pending homes and sold within 1 years near by homes. Don't low ball the home. Usually the bank owned home are low. If you think you can still negotiate on top of them you will not get it.

• AS IS condition: Most of the bank owned homes sold "AS IS" condition and without seller's disclosure either. It is very important to allow yourself time to inspect the home before you commit to buy. That means what you see is what you get. The biggest rish of buying "AS IS" condition home: there are hidden damage to the home. It could be the broken foundation, leaky roof, or unpermitted addtion etc.  You need to look carefully before you submit an offer.

• Sweeten the deal: You may shorten the inspection period. Offer to pay half the title insurance cost. Make sure the buyer's agent follow what  requirement was set up by the listing agent. If the listing agent required using BOA to qualify you, you have to do so. This home a work sheet is required, then your agent has to prepare the work sheet.

This above image shows the last total solar eclipse, March 29, 2006.

On July 22 2009 you can see the total eclipse in south asia include of India, China and Japan. This web site http://www.shadowandsubstance.com/ explains the location and how it will happen that it very informative. I will definitely watch them on TV and web also. This one will be the longest one.