San Jose : Questions & Answers

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Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
How much income towards a rental will the banks count as income when purchasing a second home?
Thank you for your question:

Banks will generally count 75% of the rental income for a property that is purchased for investment purposes.

Thank you,
Charles Butterfield MBA
Rea ... more
0 votes Share Flag Wed May 15, 2013 Home Selling in 95148
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
is this property actually for rent???
This property was recently sold - why do you think it might be for rent?
0 votes Share Flag Sun May 12, 2013 Market Conditions in Willow Glen
Richard G. M…, Real Estate Pro in San Jose, CA
Richard G. Matusich answered:
How many real estate agents are there in Santa Clara County? How many brokerages?
My guest between the different boards in Santa Clara County I think the number is around 8000-8500
board members. The number of brokerages would be around 2,000 both large and small b ... more
0 votes Share Flag Mon Apr 22, 2013 General Area in San Jose
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
What are some tips for first time home buyers to compete with the powerful investors in the San Jose market?
http://www.trulia.com/blog/PaloAltoRealtor/2012/06/how_to_be_a_buyer_in_a_seller_s_market

Still relevant.
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Almaden
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Why are some blocks like willow street yellow one one side of the street and green on the other? Looking at the crime map...
You will have to review the website for the key to their color coding.

www.CrimeReports.com will pin point specific crimes so you have a better understanding of the types and frequen ... more
0 votes Share Flag Wed Apr 24, 2013 Crime & Safety in Willow Glen
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
I am getting divorced and need my apartment to live in. Can I evict the tenant? am willing not to charge her rent for a month.?
It depends on the lease. If she is in a middle of a year lease you should talk to her and find out on which conditions she will agree to move. It is much easier if she is on month-to- ... more
0 votes Share Flag Wed Apr 24, 2013 Rental Basics in 95121
Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
Opinion regarding Summerhill homes Evergreen, San Jose,CA
Thank you for your question:

Evergreen is an excellent location. Summerhill is a good builder.

Right now we are in a seller's market. There are far more people who want to buy hom ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in San Jose
James Peters…, Real Estate Pro in Campbell, CA
James Peterson answered:
swing structure in front yard?
Hi RG,

I would not suggest it, I know you might think it looks good however I can attest that most of your neighbors might think it is tacky.

It depends on the neighborhood though ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in San Jose
James Peters…, Real Estate Pro in Campbell, CA
James Peterson answered:
investment property around San Jose
Hi RG,

As an active investor myself I have learned that it is very tough in the Bay Area to find a great investment property that produce a great return without being speculative.

... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in San Jose
Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
Moving to South Bay, California
Thank you ADJ for your question:

Rentals in those neighborhoods are almost non existent.

Currently there are far more people who want to rent or buy homes in this area than there ... more
0 votes Share Flag Thu Apr 25, 2013 Rentals in San Jose
Bill Mccord, Real Estate Pro in San Jose, CA
Bill Mccord answered:
Clean history perfect credit score pre-appr $800K but can't find decent homes in Evergreen, San Jose. Not disappointed but worried abt
This is the Free Market in it's most perfect form. Housing is a Commodity where there is currently more Demand than Supply. (At least in Silicon Valley)
Sellers sensibly sell to the be ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Evergreen
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Bank had a short sale of our rental property , did not contact us before and even after or letting us know we owe them money after the short sale.
In order to best protect yourself consult with an attorney who specializes in real estate, see exactly what options you may have.
0 votes Share Flag Sat Apr 6, 2013 Foreclosure in San Jose
Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
Is 1744 June Ave safe to live? Thanks
Thank you for your question:

The house in your link is not for sale. What you have in that link is merely a public record of that property and an estimate of value if it were for sal ... more
0 votes Share Flag Sat Apr 6, 2013 Crime & Safety in Alum Rock
Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
With a 21% rise Y-o-Y in asking price, San Jose is in the top 5 metros for biggest jump in price compared to this time last year.
Yes.

The current buyer's market appears to have started in The San Jose area in early March of last year.

I would say that an estimate of 20% increase in price from last year to t ... more
0 votes Share Flag Fri Apr 5, 2013 Market Conditions in San Jose
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
Where is near by grocery and library?
Closest Library - Wednesday and Saturdays only:

Santa Teresa Branch Library
290 International Circle
San Jose, CA 95119

Closest Full Service Library:

Edenvale Branch Library ... more
0 votes Share Flag Fri Apr 5, 2013 Shopping & Local Amenities in Edenvale
Bill Mccord, Real Estate Pro in San Jose, CA
Bill Mccord answered:
IS THERE ANY DOWN PAYMENT ASSISTANCE PROGRAMS IN THE SAN JOSE AREA OR SANTA CLARA COUNTY ?
The Santa Clara County Housing Trust have probably the best 1st time buyer assistance programs in the state. Their 3 programs provide significant help.
For example. The MAP program req ... more
0 votes Share Flag Tue Apr 9, 2013 Home Buying in San Jose
Juliana Lee,…, Real Estate Pro in Palo Alto, CA
Juliana Lee,MBA answered:
Do you still have to pay rent if the home is now owned by the county?
Your question showed up under zip 95133 which is San Jose, California. I don't know Michigan law or practices but my advice would be do not pay rent to the Property Management company. ... more
0 votes Share Flag Fri Sep 27, 2013 Foreclosure in 95133
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
A rental is listed as a townhouse. The person who answered my call insists it is in a townhome community. The street is very short and all SFH.
None of us could possibly tell you without knowing the exact location. There are detached town homes...they do exist. Why do you assume it's fraud?
0 votes Share Flag Tue Apr 2, 2013 Rentals in 95125
Voices Member,  in
Voices Member answered:
2BEDROOM SMALL HOUSE
Hi Dominique,

Best bet is to check on Craigslist or Rent.com. You can also place an ad on CL if you like and hopefully homeowners may contact you. Just be careful when dealing on int ... more
0 votes Share Flag Tue Apr 2, 2013 For Rent in San Jose
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Homes on Almaden Hills Estates Neighbourhood
Almaden Hills estates consist of 137 homes built in 1979 by Shapell Homes. Since it has been over 30 years I would assume that the current finishes is going to vary home by home as m ... more
0 votes Share Flag Sun Mar 31, 2013 Home Buying in Almaden
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