OPEN HOUSE THIS WEEKEND! SAT & SUN, September 20 & 21, 1PM - 5PM! Located in One of the Desirable Neighborhoods of Campbell/Cambrian Border, Only 2 Miles Away from Bustling Downtown Campbell. This Updated Single Family Home is Located on a Very Quiet Street. Fully Remodeled Kitchen with Granite Countertops and Tile Flooring. New Carpeting in Bedrooms. Hand Carved Looking Laminate Floors in Living Room and Dining Room. Freshly Painted Interior & Exterior. Fully Remodeled Bathroom with Tile Floors, New Tub and Granite Walls. Lowest Priced Home in the City of Campbell! Architectural Drawings Will Be Included and Have Been Approved by the City of Campbell to Build a 2000+ Sq.Ft. Home. Live In It and Build Your Dream Home Soon! read more

OPEN HOUSE THIS WEEKEND! Sat & Sun, Sept 20 & 21, 12PM - 4PM! Located in the Desirable Almaden Valley and Blossom Valley Neighborhood of San Jose, This Beautifully Updated 2 Bedroom, 1 Bath Condominium Home Exudes Warmth and Comfort! Vaulted Ceilings in Living Room with Wood Burning Fireplace and Plenty of Natural Lighting, Charming Kitchen with Tiled Countertops and Stainless Steel Appliances, Breakfast Bar with New Granite Countertops, Spacious Master Bedroom with Access to New Outdoor Patio Deck and Views of Lake. Central Air Conditioning and Forced Air Heat. Walking Distance to Whole Foods, Barnes & Noble, Starbucks and Local Restaurants. Easy Access to Freeways. Excellent Investment for First Time Home Buyers or Investors… read more

Guest Picks: Get Summer Camp Style Without Leaving Home (21 photos)

Simple lakeside cabins, rosy-cheeked counselors, rustic crafts and plenty of time spent outdoors … what’s not to love? Whether or not you experienced… read more

The Time It Takes to Buy a Home Is Mostly Up to the Buyer

Filed under: News, Buying, Financing ShutterstockThe typical homebuyer in 2013 reportedly looked at 10 homes over 12 weeks before entering a contract to buy. By Chris Birk Consumers considering a home purchase often want to get a handle on how long the process takes. The problem is that it’s a surprisingly subjective and multilayered question. Answers tend to focus on the typical time it takes to close a home loan once you’re under contract, which is usually 30 to 45 days. That’s an accurate response, but it’s a vantage point that leaves little room between the starting and finish lines. The homebuying journey — from financial preparation and finding the right home to getting under contract and through closing — tends to take a lot longer. The reality is there’s no stock answer, mostly because everyone’s journey is different. Here’s a closer look at some stages and steps that can shape your homebuying timeline. Building Credit: & Savings Signing a purchase agreement to buy a home is a key step, but it doesn’t mean much if you don’t have the credit and assets necessary to secure a mortgage. You might need to spend time burnishing your credit profile or stockpiling savings in order to qualify for a home loan. Credit score and down payment requirements can vary depending on the lender For mortgage lenders, the homebuying clock starts once they get a copy of your purchase agreement. and the loan type. (Checking your credit scores before you begin your home search can help you determine if you need more time to build your credit. There are various services that allow you to check your credit scores for free, including Borrowers looking at a $300,000 home would need at least $15,000 in cash for a minimum down payment on conventional financing (5 percent) and at least $10,500 for FHA financing (3.5 percent). The average conventional borrower in April had a 755 credit score, while the average FHA borrower had a score of 685, according to mortgage software company Ellie Mae. Paying down debt, correcting mistakes on your credit report and other steps can help boost your score, rapidly in some cases. But some blemishes can take longer to clear up than others. How long it takes to build that down payment nest egg depends on the borrower and their budget. Scraping together enough cash to simply meet those minimum requirements can take considerable time, especially for first-time buyers. Finding the Right Home: Last year, homebuyers typically looked at 10 homes over 12 weeks before getting under contract, according to the National Association of Realtors. But there’s no game clock on your home search. You can tour 50 homes over 50 weeks. You can buy the first showing. It’s obviously the most personal part of the process, but it’s also a time when perfect can truly be the enemy of good. First-time buyers especially have to learn to balance wants and needs with the realities of their housing market and what they can afford. That’s not always an easy — or quick — lesson to learn. Loan Processing: For mortgage lenders, the homebuying clock starts once they get a copy of your purchase agreement. From there, work starts on getting the property appraised and all of your financial documentation in order for an underwriter to review. Like credit and underwriting requirements, appraisal time frames can vary depending on the loan type. For example, most appraisals on VA loans are back within 10 days, but it might take longer in more remote parts of the country. That 30- to 45-day window from contract to close is a good ballpark for most purchase loans, unless you’re trying to buy a short sale (think more like 90 to 120 days). But understand it’s not uncommon for underwriters to require additional documents once they begin scrutinizing your loan file. Borrowers can help speed the process along by returning those documents as quickly as possible. You don’t have a ton of control once you’re under contract on a home, but this is one key area where your swift action — or lack thereof — can have a big impact on your homebuying timeline. Permalink | Email this | Comments read more

The Art of the Deal: Lobby Exhibits That Sell Condos

Condo developers are using artwork to create marketing buzz, lure in buyers, and in some cases assuage neighborhood resentment over new buildings. read more

Buying Into a Homeowners Associations — the Pros and Cons

About 20 to 30 percent of homebuyers purchase properties within common-interest developments, commonly referred to as homeowners associations or HOAs. Before weighing the pros and cons of owning a property in an HOA community it’s important to understand what HOAs are, how they are governed and how they affect a homeowner’s bottom line. Here are some basic facts homebuyers should know. read more

OPEN HOUSE! FRI, SEPT 5, 4-7PM, SAT/SUN SEPT 6 & 7, 1-4PM! Charming 3 BD/2 BA Home in Mt. View! read more

Retaining Salespeople Starts With a Strong Culture

Are your agents “in the fold”? Are they part of a larger goal or culture? Do they feel a sense of ownership and pride in the company you run? Or are they detached operators who are just waiting to be scooped up by your competitor? The correlation between salesperson retention and forming a strong brokerage […] read more

A Guide to Winterizing Your Patio Furniture

Taking a little extra time to care for your patio set now will keep everything pristine for spring’s return. read more

Take the big stress out of a big move

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