Buying a Home in San Jose
I met with potential future clients the other day. They were referred to me by a past client who highly recommended me. My client sent me the following email and copied his colleague: “I cannot believe it’s already been 3 years since we worked together to find our home...
This 2 bedroom condo in Blossom Valley is located in the Park Almaden Condo Community in San Jose, CA. This lower end unit is situated on the inside of the community within a park-like setting. This is a probate sale and may require court confirmation. The condo is 852...
This Park Almaden condo in Blossom Valley San Jose will soon be available for sale. The condo is located on the inside of the community in a lovely park like setting. This ground floor 852 square feet end unit consists of 2 bedrooms, 1 bathroom and inside laundry. It also has...
Simply stated absorption rate is the rate properties are sold given a set of parameters such as area, zip code, price range, etc. Stated differently it is a measure of the number of months worth of homes currently on the market. How is absorption rate calculated? There are several different...
A major question in every escrow is who pays what varies by county ordinances and standard practices? What follows is a general guide to this information for San Jose and Santa Clara County. Please note that these are “customary” practices and all fees charged are governed by terms of...
Buying a home can be a hair raising experience. If you are a first time home buyer, you will experience a roller coaster of emotions while finding the right place, securing the loan and finally moving in. For most of us, the first time home purchase is the largest...
Buying a home has a unique set of challenges, part of the transaction usually involves an escrow. This article explains the escrow process and how escrow works. After all of the contingencies have been removed or satisfied, your loan has been finally approved and documents have been drawn, you...
If you are interested in buying a property in California you have the right to be informed of any disclosures. During the escrow process, you also will be informed of specialized conditions that affect the California home you wish to purchase. They may include the following conditions: Lead Paint...
In addition to the right to view your credit report and know your FICO score, you also are protected by RESPA, the Real Estate Settlement Procedures Act passed by Congress. RESPA requires your lender to provide you with a “Good Faith Estimate of Settlement Costs” early in the loan...
As you think about applying for your San Jose home loan, you need to consider your personal finances, one of the most important to consider is your debt to income ratio. How much you earn versus how much you owe will likely determine how much a lender will allow...
During the escrow process, you must inform the buyer of specialized conditions that affect your home. When selling your home in San Jose the buyer is required to know about any potential dangers or hazards associated with the area they are buying property in. If you are interested in...
Below are some of the home closing costs that may apply in a standard real estate deal in San Jose. Some are one-time fees, while others recur over the life of the loan. When you first apply for your loan, you will receive a Good Faith Estimate of Settlement...