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Pitfalls of buying homes at Silicon Valley Trustee Sale auctions
Are you temped by the lure of buying homes at the Silicon Valley auctions ? Are you paying cash in hopes of immediate possession? Well, you might be in for a rude awakening since there are some serious pitfalls about buying homes at Trustee Sale auctions. In fact,...
Read this before buying a Silicon Valley Short Sale home
I never forget one our Short Sale transactions where the bank didn't like the way the buyer's name was listed on the purchase contract and suspected fraud. But the kicker was that they were not telling us or the negotiator about the problem, so the documents were...
Fed announces plans to raise rates next year
The Fed announced, today that it would reduce the monthly bond purchases by $10 billion in July 2014 to $35 billion. The plan is to end these purchases before the end of 2014. It also affirmed that it is likely to start raising its benchmark interest rate next year....
Does your home pass the “smell test” when you’re selling it?
It's a sad fact, but some agent won't tell you the truth during listing presentations since their main goal is to get your listing. So, they will be be less than candid about some serious sale inhibitors that could derail your plans to get the highest possible...
Top 5 reasons to rent your Silicon Valley house instead of selling it
Some home owners are on the fence about selling their house and might not have considered renting their house instead. With the huge hike in rent prices and demand for rentals at an all time high, it might be wise move to rent your home instead of selling it. Here...
Top 4 pittfalls of buying an older home in Los Gatos
I must admit we are biased on this topic since we have made our biggest paychecks by remodeling older Los Gatos homes and re-selling them after rehab. Ironically, this allows us to offer unique perspectives to buyers and investors who want to buy Los Gatos fixer...