real estate: Highlights of October 2014 Real Estate Report for Santa Clara County - 11/28/14 01:31 PM
Highlights of October 2014 Real Estate Report - Santa Clara County
  Quantitative Easing and Mortgage Rates The Federal Reserve has ended quantitative easing, again. What does that mean for mortgage rates?
For the moment, nothing. The Fed isn't expected to raise short term interest rates until the middle of next year.
Also, the Fed has a very limited ability to affect long-term interest rates.
Plus, the dollar reached a four-year high recently. Why? Because the economies of other countries around the world are still lackluster and that means money is pouring into the United States, thus keeping interest rates low.
 Don't expect that … (1 comments)

real estate: Looking for a great listing agent in Bakersfield California - 03/09/13 09:30 AM
What makes a great listing agent in Bakersfield California?  You tell me then when I get a few posts and/or messages, then I'll refer one of you to take the listing of my neighbor here who wants to sell his property over in Bakersfield.  He wanted me to list it, but I think it is best that a local agent from Bakersfield handle it. 
(0 comments)

real estate: Sunnyvale Elementary School Gap Appears to be Closing - 10/17/12 06:29 AM
    By Robert Lei | Agent in Sunnyvale, CA   View RSS feed close [x] Sunnyvale Elementary School Gap Appears to be Closing Posted Under: Home Buying in Sunnyvale, Home Selling in Sunnyvale, In My Neighborhood in Sunnyvale | October 17, 2012 11:56 AM | 13 views | No comments The gap in performance between schools in the Sunnyvale Elementary school district appears to be closing, based on the recently released latest API results. For many years, we had Cherry Chase #1 and Cumberland #2 both FAR ahead of the rest of Sunnyvale schools in Academic Performance Index (API). Ellis … (0 comments)

real estate: How is Real Estate treated when considering Child's Eligibility for Financial Aid? - 11/20/11 06:06 AM
How is Real Estate treated when considering Child's Eligibility for Financial Aid?  
   
If you have a child entering or in college, then this is an important question.From the FinAid SmartStudent Guide(TM)to Financial Aid "Real estate is normally treated as an investment asset, not a business asset, unless it is part of a formally recognized business that provides services beyond utilities and trash collection, such as maid service. However, incorporating a business and transferring the real estate to the business bypasses this restriction, since a corporation is a separate legal entity. When combined with the small business exclusion, this … (1 comments)

real estate: New California Real Estate Laws Coming 2012: Water-Conserving, Mining, No Fee Bundling for HOA Disclosures - 11/16/11 03:40 PM
New California Real Estate Laws Coming 2012: Water-Conserving, Mining, No Fee Bundling for HOA Disclosures   Three New California Real Estate Laws Coming in 2012 are: 1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures 2. Senate Bill 110: NHD Companies Disclose Mining Operations 3. Assembly Bill 771: No Fee Bundling for HOA DisclosuresIn more detail:1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures Effective January 1, 2012, the Transfer Disclosure Statement (TDS) will include a checkbox in Section A for the seller to disclose whether the property has water-conserving plumbing fixtures (e.g. low-flow toilets, shower heads, and faucets under section … (2 comments)

real estate: Sunnyvale Somerset of Sunnyvale by Summerhill Homes in Cumberland, Sunnyvale Middle, Homestead High School District - 10/26/11 07:37 PM
SUNDAY, AUGUST 14, 2011 Sunnyvale Somerset of Sunnyvale by Summerhill Homes in Cumberland, Sunnyvale Middle, Homestead High School District   Somerset of Sunnyvale "Somerset of Sunnyvale" is a cluster of Single-Family Homes built by Summerhill Homes in Cumberland Elementary, Sunnyvale Middle, and Homestead High School district in the mid 1990s. These homes are a good combination of being relatively new, yet built early enough that they have decent-sized lots and are located in a good neighborhood just south of Washington Park. To get to this community from Washington Park, walk south on Pescadero Terrace or Sunset Ave. The other streets in … (0 comments)

real estate: High Tech Realtor: Layar Real Estate App makes Trulia look like the Stone Ages - 05/03/11 08:41 PM
High Tech Realtor: Layar Real Estate App makes Trulia look like it's from the Stone Age.
A new Real Estate App created for a company called "Layar", one of the pioneers in "augmented reality"  makes Trulia look like something from the Stone Age.  The App uses GeoLocation, Computer Vision, and Context Aware coding on an open API to augment real live objects on your camera phone with relevant data. 
With Trulia, you look at a map, then figure out which house in the real world corresponds to the house on the map.  
With the Layar Real Estate App, you take your … (3 comments)

 
Robert Lei, Sunnyvale Cupertino Santa Clara, Palo Alto Mountain View Saratoga Campbell (Century 21 (SUNNYVALE, CA) - (408) 893-2410)

Robert Lei

Sunnyvale Cupertino Santa Clara, Palo Alto Mountain...

Sunnyvale, CA

More about me…

Century 21 (SUNNYVALE, CA) - (408) 893-2410

Address: 474 E. El Camino Real, Sunnyvale, CA, 94087

Office: (408) 596-3188

Mobile: (408) 893-2410

Email Me

I recently attended a meeting to discuss school emergency preparedness. This topic has been on the top of parents' minds since the tragic massacre of school kids at Sandy Hook Elementary in Newtown, Connecticut. Here's some of what I learned in this meeting. In an emergency situation, the authorities need to account for every child. Parents would need to go throught he appropriate channels to retrieve their child from the emergency. Parents cannot just come and take their child without letting the proper people know because then the authorities will wonder what happened to your child and will divert resources to go look for your child. One of the middle schools in the Cupertino Union School District is designated as the central location for students in case of an emergency. That middle school is stocked with ample food, water, electrtical generators, etc. The authorities expect that in an emergency, most parents would take a break from their work to retrieve their child within 2-4 hours. However, if some parents continue to work during the emergency, they will be able to pick up their child from this designated middle school gathering point. There are 25 schools that would feed kids to that designated middle school in the event of an emergency. One of the officials at the meeting was instrumental at getting a $250,000 grant from Congressman Honda after a visit to Washington DC. Using that money, he subcontracted with a security company that devised a comprehensive $82,000 plan for school safety. That official is a personal friend of Carla Holdsclaw, the person who trademarked the terms "code red" and "code blue". Other schools, who don't have permission from Ms. Holdsclaw will have to use the terms "Full lockdown" and "Shutdown in place" instead. The biggest topic of this meeting was the discussion about whether a fence around the campus would be effective in preventing a Sandy Hook disaster. The cost of installing a fence for the 15 schools that don't have a fence would be in the millions of dollars. Some of the people questioned whether a fence would be effective in holding out a determined potential assailant. Another issue was in the event of a fire on campus, would a fence hold kids trapped inside with the flames, as was the case with the Brazilian tragedy where over 200 people perished. One of the officers brought up the idea of having more parent volunteers patrolling campus. He also urged parents to talk their kids about safety. The overall topic of safety in our schools will continue to be a hot topic for a while.


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