I was conducting research for clients looking to invest in the City of San Mateo on a desirable neighborhood (west side of El Camino) and was informed that a 2bd/2ba home had received 7 offers. I believe the offer accepted was well over the asking price and there was a back up offer. I am seeing this on specific homes that are priced well, in a favorable neighborhood in good condition. This high level of interest is caused by historically low~long term fixed interest rates, FHA financing with low down, soon to expire higher conforming limit (729K) and the soon to expire~first time buyer $8000 tax credit that doesn't need to be pay back to the feds.
For further information on San Mateo County's housing market..where is our Real Estate Market today (by City/Neighborhood) and the near term, as well as to receive invaluable information and resources from Loans, Tax Incentives/Credits to how to profit from Fixer Uppers...
Buyer's WORKSHOP~Claim your 8K Tax Credit before it expires!
Successful Home Buying Secrets!
Sun. Aug. 23rd •
11:00 -12:30
A panel of experts including CPA, Loan Broker, Inspector & top Peninsula Realtor will answer your questions.
Presented by Carmen Miranda,Diamond Certified, Alain Pinel Realtors~www.carmenmiranda.com~650 598 2800~DRE No. 01065975 and Max Almalidis, Co-Presenter~650 740 0241~DRE No. 01506903
•Is Now a Good Time to Buy? Examine Where the market is today...and Where it is going?
•Are You Buying the Right House?
•Avoiding Real Estate Investing Pitfalls? 5 TIPS you need to know.
•BUYER SMARTS: Do I need a larger down-payment in today's lending market? How do new appraisal safeguards impact my purchase? What does an inspection cover?
•Making a Profit with a Fixer-Upper!
•and more... bring your questions!
INVITATION ONLY!
Seating limited.
Call for more information and future
workshop schedules and dates TODAY.
650.598.2800 or 650.740.0241
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