Risks of Buying or Selling Homes Without Permitted Improvements

April 19, 2010

I just closed one of my latest listings in Santa Clara.  A small home in a quiet Santa Clara neighborhood.  The homes in that particular neighborhood were designed with wall furnaces.  Not very common in some areas but homes like these are still out there.  One of the first things buyers often ask is what [...]

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New California Homebuyer Tax Credit for 2010

March 25, 2010

Late this afternoon, Gov. Schwarzenegger signed Assembly Bill 183, the Homebuyer Tax Credit legislation, into law. AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes. The eligible taxpayer who purchases a [...]

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Luxury Million Dollar Home Sales

February 23, 2010

Sales of million-dollar homes in Santa Clara County declined sharply in January from December and a year ago although the median sale price edged higher Coldwell Banker reported that a total of 54 homes sold for more than $1 million in the county, down from 172 in December and 98 a year ago. While home [...]

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Federal Homebuyer Tax Credit Deadline is Quickly Approaching

February 8, 2010

With only three months until the new $8,000 first-time homebuyer and the $6,500 existing home buyer federal tax credits are set to expire, time is running out on an opportunity that buyers and sellers may not see again. The tax credit, which was originally created in mid 2008, then expanded in January 2009 and extended [...]

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Bank Owned Santana Row Loft a Great Deal

January 22, 2010

With the rental market still strong and Santana Row still the hottest place around this is sure to be a good investment. Recently a 65,000 sqft. office structure has just been completed and ready for occupancy. Once leased, expect business in Santana Row to increase and perhaps demand for the units there will increase as well. If you can get this unit at this price it is a bargain.

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