Milpitas, CA Real Estate News

By MichelleCherie Carr Crowe .Just Call. 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years
(Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty)
891 Celebration Drive in Milpitas-For Sale and Sold in 1 Day 20 Offers by Michelle Carr When I learned this client was facing almost imminent auction for foreclosure, I and my team went into full court press mode. I gave up my usual day off and prepared everything for lender authorization including the listing. Then spent about 10 hours working up all of the marketing materials. Today at midnight I put it on the MLS. Today at open house we had more than 100 people in 2 hours come thru. Tonight when I met with the seller we had a total of 20 offers. We picked the best one and two for backup offers and will be in contract shortly. All in a day's work for a Silicon Valley short sale real estate team.  
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
San Jose Short Sale AgentCloses HAFA Short Sale with Bank of America on 1-27-2012 Short Sale time frames will most definitely vary depending on the number of loans and who services the loans. Below is an outline of the time frame for closing a short sale. This property qualified for, and was approved as a HAFA short sale. The property is located in Milpitas, California. San Jose short sale agent helps another homeowner avoid foreclosure with a Bank of America HAFA short sale.       List Date: 8/19/2011 List Price: $369,000 Price Reduced: $358,888 on 9/3/2011 Sale Date: 9/15/2011 Number of Offers: 3 Days on Market: 27 Price Increase 12/2/2011: $370,800 – mandated by AMS Servicing policy Conditional Lender Approval 1st Lien with Bank of America: 12/22/2011 Lender Approval 2nd Lien with We...
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
It's the beginning of the year so time for the round-up of last year's distressed property sales in Milpitas. So here's what happened:   Single family and condo townhomes : Total sales:  513 Short Sales: 150 REO:            112 Distressed sales as a percentage of total sales: 51.1% Compare to 2010 Total sales:   535 Short Sales:   131 REO:            140 Distressed sales as a percentage of total sales:  50.1%   My conclusion: The percentage of distressed properties in Milpitas is virtually the same  between 2011 and 2010. Also a 50% distressed property sale percentage is absolutely large enough to affect values. What is interesting is the the number of short sales in 2011 went up as the number of REOs went down from 2010 as banks have been more wiiling to approve short sales. If you hav...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA.  Linear Technology Corp's High Voltage Surge Stopper Linear Technology Corp, a company that designs, manufactures and markets a line of standard high performance integrated circuits for telecommunications, notebook and desktops, automotive electronics, military & space stations, networking products, process control, video/multimedia and factory automation recently introduced the LT4363, an over voltage protection controller that provides overvoltage and overcurrent protection to high- availability electronic systems.  The LT4363 controller builds on Linear's popular first-generation LT4356 device by extending overvoltage protection capabilities beyond 100V without sacrificing overcurrent protection. The LTC4363 reacts quickly to overcurrent and short-circuit faults at the l...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
December’s Season of Celebrations & Sharing – The Family Giving Tree Drop off donations at the drop off warehouse located at the Milpitas Town Center.   749 E. Calaveras Blvd. Milpitas, CA 95035Donate online: Help a child living in poverty experience a magical moment at Christmas!     Top 10 Children’s 2011 Holiday Wishes 1.           Toy Cars and Trucks 2.          Scooter 3.          Dolls (e.g. Baby, Dora, Barbie) 4.          Sweaters & Jackets 5.          LEGO Building Set 6.          Remote Control Toys 7.          Educational Toys & Books 8.          Sports Balls 9.          MP3 Player 10.        Board Games It’s not too late – donate today! Merry Christmas!
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By Marcy Moyer, Probate, Trust, and Investment Specialist
(eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales)
Milpitas Single Family homes Active Short Sale Listings:  23 Active Bank Owned Homes: 9 Pending Short Sale Homes: 49 Pending Bank Owned Homes: 11 Sold Short Sale Homes: Last 6 months 23 Sold Bank Owned Homes: 19   Milpitas Condo Townhomes Active Short Sale Listings: 12 Active Bank Owned Condos:  4 Pending Short Sale Condos/Townhomes: 43 Pending Bank Owned Condos/Townhomes: 4 Sold Short Sale Condos/Townhomes: 19 Sold Bank Owned Condos/Townhomes 26 Unlike San Jose, where short sales far outnumber bank owned transactions, the numbers are much closer for short sales and bank owned homes in Milpitas. There are many more pending short sale listings than bank owned, but short sales take so much longer to close that number is not surprising. If you have any questions about short sales or forecl...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA.  Volunteers Needed for the "Clean A Park" Event Volunteers Needed to Get Ready, Get Set and Clean.  Join Milpitas' volunteerpartners in the "Clean A Park" event to clean up one of Milpitas' most popular parks - Augustine Memorial.  Make a difference in your community and volunteerto "Clean A Park" Contact the volunteer coordinator at (408) 586-3207 to join Date: Saturday, September 17, 2011 9:00 am to 12:00 pm Location: Augustine Park Cortez and Coelho, off Escuela Parkway So, Milpitas CA.  Volunteers Needed for the "Clean A Park" Event See you all there! By the way, if you or anyone you know are in the market to sell or buy a home, call (408-316-0793) or email (rpablaza@comcast.net) and I will send you a free report on home buying and selling.  I am quite busy but I will ...
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By Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services
(KD Realty - 408.972.1822)
Homes for Sale in Milpitas CaDuet in Hidden Lake Villages OverviewMapsPhotosDescriptionMarket Stats $369,000 Single Family Home Main Features 2 Bedrooms2 Bathrooms1 Partial BathroomInterior: 1350 sqftLot: 03 sqft Location 723 Jennifer WayMilpitas, CA 95035USA Kathleen Daniels, CDPE, CHS, RDCPro (800) 972-1822http://www.ExclusiveSanJoseHomes.com   Listed by: San Jose Homes Our recent listings Homes for Sale in Milpitas CaWillow Glen HomeSan Jose Condo For SaleSan Jose Homes for Sale Subscribe to our listing feed  
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
MILPITAS CA.  COSTLY MISTAKES TO AVOID IN BUYING GOVERNMENT FORECLOSURES Milpitas CA.  Costly Mistakes To Avoid In Buying Government Foreclosures.  You can really save money when buying a home by purchasing a foreclosure. Nonetheless, even though it is possible to find foreclosed properties at the HUD Homestore, it is still possible to make some very costly errors. 1. What about taxes? The truth is that the majority of people make an overpayment when it comes to the transfer taxes on their foreclosure buy. A little known fact is that the majority of government foreclosures are free from transfer taxes, which may amount to over $5,000 in some areas. This varies from state to state, but generally speaking transfer taxes for changing from the ownership of the Federal Government to that of ...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA. Movie Nights Out Continues Milpitas CA.  Movie Nights Out Continues So come out and join us for a fun night of enjoyment watching a classic movie filled with a comedy of errors, misunderstanding and a feel-good ending (not rated) Date:  Thursday, August 11 @ 7 PM Where: Barbara Lee Senior Center 40 N. Milpitas Boulevard Admission is FREE Refreshments will be available at the Snack Bar So come on Milpitas CA.  Movie Nights Out Continues For more information please contact: Milpitas Community Center @ (408) 586-3210 By the way, if you or anyone you know are in the market to sell or buy a home, call (408-316-0793) or email (rpablaza@comcast.net) me and I will send you a free report on home buying and selling.  I am quite busy but I will always have time for you, your family an...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA.  Does Your Home Have Curb Appeal? Milpitas CA.  Does Your Home Have Curb Appeal?  An enhanced curb appeal attracts more potential buyers.  That is because your property's facade is the first picture potential buyers see from the street.  Increase your chances of selling your home faster and at a higher price, by improving your home's curb appeal.  All it takes is minimum effort.  Because of familiarity to your home's appearance, you probably don't notice deferred maintenance issues such as small cracks, peeling paint, uncontrolled shrub and tree growth or a dated entry way.  Someone seeing your home for the first time will.  So how can you critique your home's curb appeal?  Start from the street and look at your home.  What stands out?  What looks wrong?  Does your tree or ...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA.  Your House Did Not Sell? Milpitas CA.  Your House did not sell? There are “do’s” you can implement to increase the salability of your home.  There are also “dont’s” you need to avoid so that your potential buyers “don’t” run away and leave you in the dust. An experienced Realtor can give you tips on what to do to make your home highly saleable, but here are a few tips on what not to do:  Does your house smell?  If you have pets and smokers in your home the smell will be pungent and noticeable to outsiders.  However you may not be aware that your house has an unpleasant odor as you live with the “funny” smell day in and day out.So how do you get rid of the “funny’ smell:  Smoke outside your home.  If you have cats keep litter boxes fresh and in a contained area.  For dogs, ...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Title Insurance Coverage in Milpitas CA Buying a house is a major commitment. A Title Insurance Coverage in Milpitas CA will help you shelter that expense against would-be losses that may take place after your property transaction closes and you realize that someone else has an ownership claim to the home. It may appear doubtful that such a state of affairs may play out, however it is a surprisingly widespread incidence enough to make buying a title insurance coverage a fine idea to safeguard your purchase. When you purchase a home, your attorney or lawful representative will perform a title investigation (also known as a title examination) to verify ownership of the property in question. A title investigation involves gathering and investigating, in conscript, all of the public data th...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Double Ending REO Sales in Milpitas CA In many of my REO listings I am often approached by Buyers and asked if I would be willing to represent them in the sale of my REO listing.  My answer to all of them is NO in Double Ending REO Sales in Milpitas CA.  Here are the reasons why: Some buyers think they are doing the REO listing agent a favor income wise.  They think that by double ending the REO sale the listing agent will double his/her income.  Well that simply is not true (for the Banks and Asset Managers I represent anyway).  If I double end my REO listing I will get a maximum 3% commission (which I get for listing the REO).  The other 3% commission goes back to the Bank / Asset Management Company.  So where is the incentive for me to double end an REO sale?  In fact, when I recentl...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Milpitas CA.  An Apple A Day Keeps the Burglars Away Summer is the height for burglaries.  It is at this time that burglars look for empty houses.  This according to the National Burglar and Fire Alarm Association.  Before you leave for your vacation, consider these tips to keep your home burglar proof while you are away.  Ask your neighbor or relative, to look into the home while you are away.  Leave a spare key with them.  Ask them to pick up flyers, newspapers or mail.  Have your neighbor park one of their cars on your garage.  Or, ask your relative or neighbor to move yours once and a while.  Stop all deliveries.  Go to www.usps.com and put a hold on all your mail.  This should minimize deliveries to your home while you are gone.  If you have an alarm company, let them know the date...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
How to Get Multiple Offers for HomeSellers in Milpitas CA. Last week one of my REO listings in San Jose CA went into escrow.  We received 14 offers on the property.  The final selling price went $110,000 over list (asking) price.  Here are tips on How to Get Multiple Offers for HomeSellers in Milpitas CA. Price your property well.  A tight BPO (normally used in valuations of REO's) will give you the price range for your area.  From that range, price your property at the low end - specially if there are other Active competitive listings that are priced very aggressively.   Remember the saying, "Price it high watch it die, Price it low watch it go." Have a complete disclosure package ready.  A disclosure package can contain information from the HomeSeller on what the HomeSeller knows and ...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Photo by Vinay Verma   Milpitas CA Art Exhibit     The Milpitas Phantom Art Gallery Proudly Announces A New  exhibit    "FLIGHT OF IMAGINATION"   Milpitas Community Center  Monday, JULY 25, 2011 ~ 6pm                                                                                                                                                                                                                                                                                              The Milpitas Phantom Art Gallery Proudly Announces A New  exhibit    "FLIGHT OF IMAGINATION"   Milpitas Community Center  Monday, JULY 25, 2011 ~ 6pm   You are cordially invited to a Phantom Art Gallery Opening at the Milpitas Community Center. Please join us for an evening of inspiring art in the new exhibit...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
  AIR POWERED CAR IN MILPITAS CA? This sounds amazing, but I don't think `big Oil`is going to like it much................ Tata Motors is ready to introduce Air Car - Will it be the next big thing? Tata Motors is taking giant strides and making history for itself. First the Land Rover/Jaguar deal, then the world's cheapest car, and now it is also set to introduce the car that runs on compressed air.With spiraling fuel prices it is about time we heard some breakthrough!India's largest automaker, Tata Motors, is set to start producing the world's first commercial air-powered vehicle. The Air Car, developed by ex-Formula One engineer Guy N?gre for Luxembourg-based MDI, uses compressed air, as opposed to the gas-and-oxygen explosions of internal-combustion models, to push its engine's pist...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Now You Can Substitute a New Buyer for One Who Walked Without Restart for Bank of America Short Sales In Milpitas CA The days for having to initiate a short sale transaction from First Base if the buyer in contract walks away are over.  At least for Bank of America Short Sales.  Now you can substitute a new buyer for one who walked without restart for Bank of America Short Sales in Milpitas CA.  You heard me right.  Bank of America has heard the pleas of all the Real Estate Agents and Brokers who have complained that the short sale process is tedious and lengthy enough without having to start all over when a buyer in contract decides to walk.  If You Have A Backup Offer: Now you simply have to submit a back up offer within (2) days from the day the original buyer cancels the contract.  ...
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By Ricky Ablaza, REO Listing Agent, Homes For Sale Broker, in Milpitas CA
(First Pacific Real Estate)
Calling All Milpitas CA Golfers!  If you are a high handicap golfer who's golf ball prefers to hide in the rough, the trees, in tall grass, in water, the sand trap and everywhere else on the golf course except the fairways and greens, then this message is for you.  A new golf ball, the Polara Ultimate Straight, Self-Correcting Golf Ball, is now on the market.  The designer, Dave Felker, used to design golf balls for Callaway.  This is a no nonsense ball.  It's unique dimple design makes the ball fly 75% straighter.  If you want to see a straighter more controllable flight, give this ball a shot.  I have found the balls for sale at Golfsmith.  The problem is you wont be able to curve your ball around a tree planted in the middle of the fairway.  Well that will be a welcome problem becaus...
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