Santa Clara Valley Living

2338 SAN RAFAEL COURT, SANTA CLARA – SINGLE FAMILY SANTA CLARA HOME REO

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Single Family Res

Type: Detached Single Family
Status: Active
List Date: 05/17/09
Price: $474,500
Last Modification Date: 05/18/09
Location: 2038 SAN RAFAEL CT, Santa Clara, CA 95051 (map)
Area: 008 – Santa Clara
Bedrooms: 3
Bathrooms Full: 2
Bathrooms Half: 1
Approx. Sq. Ft.: 1534
Approx. Lot Size: 5,795.sf
Approx age: 51
MLS#: [...]

This townhome is located in the Palomar complex of Midtown/West San Jose. Right off of Stokes and Bascom about a quarter mile from the Pruneyard. These units are about 5 years old, and although they have some floor plan drawbacks this particular unit is a phenominal deal for the price. 1800 sqft. 3 bedrooms 3 [...]

With the number of foreclosures skyrocketing in California in recent years, there is a lot of interest from would be buyers in purchasing bank owned properties which are also known as real estate owned or REOs.
What is a short sale?
What is a Short Sale?
Short sales occur when the value of the property is less than [...]

This is the latest in a multi-part post dedicated to recording my experiences working with a buyer to purchase a REO or bank owned home Santa Clara.  After submitting 4 offers where we were out bid each time we finally got  a contract accepted.  The property is 716 Kiely Blvd., in Santa Clara. It is in [...]

With so many bank owned properties you would think it should be easy to snag one of these properties for yourself.  The problem is that you are not the only one thinking that way.  Here in Santa Clara County we experience about 40 REO properties a day.  Most pertain to areas like

So you are interested in buying a REO, here’s what you should consider:
Get Pre-Approved and Be Ready to Act
In the REO market, expect the competition to be fierce especially in the bay area where investors or homebuyers like yourself are anxious to take advantage of these prices. It’s not uncommon for there to be multiple [...]

3265 MACHADO AVE, SANTA CLARA
Beds: 3
Baths: 2
List Price: $399,900
List Date: 1/28/2009
Lot Size: 5000.00 SF
SqFt: 1078
Age: 54
Year Built: 1955
Neighborhood: Bowers Crest
School District: Santa Clara Unified
Another great deal that being offered by the bank.  $400K will get you a simple 3 bedroom 2 bath home in a nice quiet neighborhood.  This same home sold for around $650K three years [...]