Saratoga Cupertino Schools Lynbrook & Monta Vista High Homes MidWeek Update 11.12.09

Saratoga Cupertino Schools Lynbrook & Monta Vista High Homes MidWeek Update 11.12.09

Hello & Happy Harvest Season! This is Michelle Carr Crowe with your Saratoga Cupertino Schools Lynbrook & Monta Vista High Homes MidWeek Update for 11.12.09.

The housing market in Saratoga with Lynbrook & Monta Vista High continues to be stable. Currently there are only 7 single family homes for sale and just 1 Townhome for sale. There are no multi-family units available right now.

I have *2* different pre-approved buyers who want to buy in the in the next 30 days and close before the Christmas holidays -but the homes they want and need aren't on the market right now. Who do you know who's thinking of selling that could use my help?

Tax Credit and Unemployment Benefits Officially Extended & Expanded

The existing tax credit for first-time buyers, originally set to expire at the end of the month, has been extended, expanded and approved by the House, Senate and President Barack Obama. The new measure allows both first-timers and existing homeowners to take advantage of thousands in the form of a tax credit. All properties must close by the end of April.

The measure would continue giving an $8,000 tax credit to first-time buyers.

In addition, it provides a $6,500 tax break to qualified homeowners looking to move up OR MOVE DOWN to middle-market homes that cost no more than $800,000. This can be an important bonus for seniors.

The legislation also significantly raises the qualifying income levels to $125,000 for individual income tax filers and to $225,000 for joint filers.

Finally, the bill would extend unemployment benefits 14 more weeks nationwide and 20 more weeks in California and other hard-hit states. That would give the long-term unemployed nearly two years' worth of benefits.

Reprinted with permission from the National Association of REALTORS®.

SELLERS: Click HERE to Find Out Home Values BEFORE You Sell

BUYERS: This week we have *3* separate 3 Br TownHome Opportunities in Monta Vista! All 3 are at least 3 Br and 2 Bath! All are in low-traffic locations, and feature 2-car garages, too. Please call 408.252.8900 to request a showing time. We must have your most current pre-approval letter on file prior to showing- you can email it to info@michellejudycarr.com or fax it to 408.378.9056.

VIP INVESTOR BUYERS ONLY: Call me regarding a potential teardown/remodel opportunity on a standard size (~6000sf) lot. Seller only wants to sell As-Is with no contingencies (getting reports is OK), preferably to cash buyer, reasonably priced.

BUYERS: Click HERE to Find Out Home Prices BEFORE You Buy

 Get RE$ult$ Team Open House

Open Saturday 1:30-4:30! Grandma's Cottage Charmer in Willow Glen!  2180 Cheryl, San Jose 95125 REDUCED $$! 

Asking $612K OR BEST WRITTEN OFFER !!  Try FHA Loan - $21,525 Down Possible!*

For Sale Single Family Homes: 7

For Sale Condos/TownHomes: 1

For Sale Multi-Family: 0

Thanks for reading, Aloha & God bless you!