Just Sold in San Jose for $850,000…

For this home I just sold in San Jose for $850,000, I was the agent for the sellers. This is my 3rd time working with these clients! When listing this home, the market was definitely starting to slow down and I could see and feel the change with all of my listings and open house activity, as well as my clients that are buyers looking for homes. So, the sellers seem to have sold at a time when the market was still decent in this area, but turning, and before it really slowed down in this general area.

Also, for this particular home, the main entrance door is on the side, rather than in front, so it’s not the typical front door entry, and it’s not as popular as the more traditional type of home plans. And, this particular pocket of the overall area is a bit more crowded than much of Blossom Valley that have wider streets and such, it’s a little different than the general norm for the area, so that was also a selling factor as well. So, with a turning market and buyers getting more particular about what they buy and where, it just wasn’t that sure thing scenario for getting a lot of activity. But, on the flip side it is a very cute home and floor plan, a great yard, and the price is right, so, things still went well.

We did get a full priced offer after the first open house weekend. And, the buyer closed in less than 30 days and bought in ‘as is’ condition. The transaction itself was very smooth and seamless, so that was great!

Sold for $850,000 in San Jose

Sold for $850,000 in San Jose

945 total views, 2 views today

Just Sold in San Jose for $845,000…

For this home I just sold in San Jose for $845,000, I was the agent for the seller, who bought this home back in 2012, at that time, I was also the listing agent! They bought this home with their own buyer’s agent back in 2012, and it was so exciting when they contacted me to tell me that they felt I did a really good job representing the home last time it was on the market, that they wanted me to be the listing agent again for their sale! It was so amazing that they remembered me as the listing agent from years ago and that I made such an impression on them to want to work with me. So, this is the 2nd time I have sold this home.

The market is a little more unpredictable than usual, but this home was HOT! In combination with the location, views, home itself, lot, and price point, I had a HUGE turnout for the open house weekend and many offers on this home. In fact, this home had the busiest open house weekend that I have had for some time since the market slow down. It was a special home that is just one of a kind, where buyers were just really attracted to it, plus the views are amazing, and at this price point, it was super popular.

The sellers picked an offer that was well over list price, ALL CASH, 7 day closing, ‘as is’ sale, and the buyer waived ALL contingencies. It was a VERY smooth escrow process and closing. And, the buyers were a super sweet family, so I was excited to see them get it.

1,278 total views, no views today

Just Sold in Santa Clara for $2,100,000…

For this home I just sold in Santa Clara for $2,100,000, I was the agent for the sellers who are moving out of the Bay Area. It was a long process from start to finish, in that they needed their kids to finish the school year, and do some things for prepping the home, so it took months to prep and also have the home ready at a time in which they could work with the timing of the school year ending.

Over that time, the market was shifting, and we just paid close attention to try to best capitalize on the right timing for selling and also realistic timing for staying until the end of the school year.

It was a bit of a rocky ride monitoring the market, because we were noticing the market changing and we wanted to make sure we made this all work. The sellers did a lot over the course of time to prep the home, so it really did look amazing when it was ready for sale. Some key things they did to really dial it in for curb appeal made a huge difference. They had already spend a lot of money on upgrades over the years when they were just living there and not in the market to sell. So, the upgrades truly were over the top and super high end.

One thing that I personally noticed prior to listing the home was that the county records did not match the actual house in that the bedroom count was off. The county records were showing 4 bedrooms, when the home is actually 5 bedrooms. So, that was something I asked the seller get corrected right away so that there were no questions about it. And, it truly is per the county, a 5 bedroom home, so the county just simply made some kind of error and did update their system to get that corrected. That can take time, so anytime county records are incorrect, it’s a really good idea to get that corrected, so that when one does go to sell, they aren’t dealing with that at the 11th hour. It takes time for the online sites and records to catch up to the county records, sometimes many months. So, it’s good to get that taken care of well in advance.

When we listed the home, due to the superb home condition and location, the expectations were high for this particular home, so when the open houses were not as busy as expected, it really was a sure sign that the market was slowing down. Thankfully, we did get a full priced offer after the first open house weekend, and a buyer that would work with us for the timing of the school, and we also had some additional interest. It just didn’t go as it would have last year at the same time, where we would have likely had 10+ offers. But, luckily, the right buyer came along and it was all good.

I know not to say “I have seen it all in my 24 years as a real estate agent”, because every time I feel I have been through basically everything, and really have seen it all, something new happens. And, in this case, there were 2 things that popped up that were quite stressful frankly. Thank God, both of these things came up BEFORE we accepted the offer and went into contract, so that we could alert the buyers of the situation BEFORE everything was said and done, so really, that was a true blessing. I felt very thankful for finding out in advance.

I received a call from the City of Santa Clara telling me there had been a complaint filed in regard to the shed, actually, it appeared the complaint was something about a water pipe on the shed, or something of that nature. Apparently, someone saw a water pipe on the shed during my open house weekend, and called the city about it. But, to this day, I don’t know if the complaint was truly about that water pipe, or the people were trying to get the City out to see that shed too close to the fence without the proper set back. Mind you, this is a VERY nice shed built on a foundation! It wasn’t old or raggety, it was really nice and no way did the seller or buyer want it to go away. But, the City called it and made the sellers remove the shed. The shed had been there for years and the seller told me that when they bought the home over 10 years ago, the shed was there, and that’s how they bought the house. They didn’t build the shed. So, that was SUPER stressful for the seller to get the shed removed and we also had to let the buyer know, that they were buying this home without the shed, sorry! Ugh!

And, since the City had been contacted with the complaint in regard to the shed, apparently, the City Inspector was reviewing the file for the home itself for some reason and noticed that there were never final permits filed on some of the remodel work that was done to the house. This work had been completed a couple of years ago, and it was done by a licensed contractor who assured them all was in order, everything was signed off, and they had permits. The sellers had all the paperwork and there were initials and things looked in order, but apparently, the actual final sign off was not complete, which means the contractor did not complete his job and the sellers had no idea. So, not only did the sellers have to remove the shed on a whim, but now they had to get a final permit on all the remodel work they did a couple years ago, the contractor was nowhere to be found, and they have to scramble to make this happen, while also dealing with the shed situation. So, it was a stressful time for the seller, to say the least.

I will say, and I did explain this to the sellers, that really, we were VERY blessed to find this out in advance, and not during the transaction when there would not be enough time to correct the issues and/or having to give this new info to the buyers during our transaction. And, to top it off, it was best that this happened while they were still the owners, and not have the buyers close on the transaction, and then find this info out months later. That would have been all bad. So, as frustrating as it was, I really felt we were lucky to get this all resolved and be able to pass over to the buyers, a home that had everything in order and no surprises down the road.

I think that once the sellers left the area, they were relieved to put this all behind them. It was a LOT to make such a big move, selling this home, buying out of the area, these surprises to pop up out of nowhere. It was just a LOT! But, now it’s all over and they can move on to the next chapter of life!

I guess the moral of this story, is when you think you are getting work done with permits, make 100% sure that everything if signed off and finaled by the city inspector. If you don’t know where to look, then go to the city and have them show you that it’s complete, don’t rely on the contractor. And, when you have a shed or any kind of structure really close to a fence, know that it very likely does not have the proper set back, and you just never know when someone may tell on you.

Just Sold in Santa Clara for $2,100,000!

Just Sold in Santa Clara for $2,100,000!

1,269 total views, 2 views today

1% for Good Program

Some of you know that I changed brokerages due to the unexpected passing of my broker after 24 years. I want to share part of the reason I picked Sereno. Sereno gives back to the community through various charitable organizations that are chosen monthly. They have given over $2.1 MILLION to the community with their 1% for Good program. This program means the world to me because I have been giving a portion of my earnings to organizations on my own for many years. To know that Sereno and I have this very important ideology in common is extraordinary!
 
When a client hires me to help them buy or sell a home, part of the money goes back to the community to help others in need. And, now that I am with Sereno, it’s not just me giving back, it’s also my company giving as well.

1,512 total views, no views today

Just Sold in Capitola for $1,100,000…

For this home I sold in Capitola for $1,100,000, I was the agent for the buyers, who wanted to buy a vacation home. This is my 2nd time working with these clients. Years ago they bought their first home with me in San Jose.

I won’t even sugar coat it, this sale was frustrating from Day 1 and continued to be frustrating to the very end and beyond. The sellers were completely off radar for the reality on the current value of the home. They listed the home for $1.2m, my clients were interested very soon after the home went on the market and we made an offer for $1.1m, being the max the buyers felt the home was worth.

Well, come to find out, the sellers listed at $1.2m, expecting to get at least $1.4m, so they would not even consider the $1.1m offer. Ok, no problem, it was newer to the market, so we just sat back and waited. We figured, if it was meant to be, it would be. I reached out to the listing agent periodically to see if the sellers achieved a reality check over time. Well, not only did they not have a reality check, but were upset and felt they listed to low, even though they only got our 1 offer and nothing else! So, they actually raised the price to $1,350,000. How well do you think that went??? Not good…so they again lowered the price to $1.2m and then did manage to get an offer higher than our $1.1m offer, but lower than the $1.2m list price.

So, we figured it was not meant to be and moved on. Well, come to find out, that deal fell through, and it was back on the market. The sellers at this point felt more motivated to sell, and 93 days later…they accepted our $1.1m offer and we were in contract.

The transaction itself was rocky at best. The sellers were just not easy to deal with and frankly I had hoped another property would come along that was the perfect match, because I personally didn’t want to deal with these people. But, emotions aside, the buyers loved the home and location, so we needed to make this happen, regardless of who we were dealing with as sellers.

Long story shorter, through trials and tribulations, we managed to get through it all, including a sewer lateral upgrade during escrow that almost wasn’t completed in time, the seller wanting to leave things behind so that they didn’t have to go back to pick them up, and then when the buyers didn’t want all their stuff left behind, but would take some of it, the sellers decided to get back at them by taking items that the buyer said they could leave and actually wanted.

The good news is it all worked out and the buyers are really happy with the home and excited. It’s their dream to have a home near the beach. It’s an amazing location. And, I’m sure they will make countless wonderful memories there.

Just Sold in Capitola For $1,100,000

Just Sold in Capitola For $1,100,000

1,626 total views, 11 views today

Just Sold in Fremont for $575,000…

For this condo I sold in Fremont for $575,000, I was the agent for the seller, who told me that his mom actually found me on the internet. Yay for mom! This is a great condo and meticulously maintained by the seller. There were 2 items that made things a bit more challenging to spark a lot of interest, 1 is that the owner occupancy is SUPER low in the community, there are actually more tenants living in the community than there are owners. So, not only there is a bit of a stigma to some buyers for that scenario, but also banks aren’t thrilled with it either. So, there just are not as many buyers or loan options when there are more tenants than owners.

The other item that some of the buyers had a hard time with and couldn’t get past is that there were absolutely no doors on any closet, so not the bedroom closets, not the hall closets, nada. The place looked great and very clean, and it actually made the place look bigger and gave more space, but the lack of closets was an issue for some, and although they can be added back, of course, some buyers just don’t have vision or want to do it, I guess. Not only all the doors were missing, but so were the tracks both on top and bottom. So, it would be a bit of a project, not huge, but a bit of a project to add in the tracks top and bottom and then also the doors again. It looked great without them, but yet, most buyers want closet doors so that their stuff is not showing.

For the transaction itself, let’s just say it would have been nice to have other options. The main negative anytime there is only 1 offer on a home, is that even if you aren’t thrilled with that buyer or agent, you are kind of stuck with what you get for the most part, if that 1 offer is basically acceptable overall in price and terms. And, between the buyers and their agent, it just did not go well, at any level, and by the end, I just wanted this to go away. The buyers were ridiculously picky, did not remove contingencies on time, and then would not send the necessary paperwork to extend contingencies and escrow and such. I could write pages just about the details of the transaction and all that did not go right, but it would be such a long story and frankly, I don’t want to re-live it.

It was horrible, I was constandly chasing the buyer’s agent to simply stay in contract and not let dates just pass by with nothing in writing! But we got through it. I felt confident the transaction would close. I knew the buyers were just scared and misguided, but things would work out in the end. Although, during the process, trying to explain to a client…don’t worry, it will happen…when you don’t have any hard evidence to prove it, except your gut feeling and experience, is not really ideal.

Just Sold in Fremont for $575,000

Just Sold in Fremont for $575,000

1,183 total views, no views today

Just Sold in Newark for ~$1,078,000

For this home I just sold in Newark for ~$1,078,000 I was working with the buyers in a brand new community. The process started back in January of 2018 and their home was not ready to move in until March of 2019! It was absolutely absurd. When the buyers originally locked in this home, they knew there would be a decently long wait, but it was never supposed to be this long. Basically, it was just one thing after another, delay, after delay, after delay, excuse, after excuse, after excuse. It was simply maddening. Time and time again, we would get a timeframe for the home to be ready, and then there would be yet another delay. When the home finally did close, it was almost surreal at that point. To top it off, after such a long wait for this home to be built, the contractors still managed to make mistakes on what the buyers had picked out as materials, which had to be redone. Wow!

The below pic is from the community, not this home itself.

Just Sold in Newark for ~$1,078,000

Just Sold in Newark for ~$1,078,000

1,458 total views, no views today

Just Sold in San Jose for $1,575,000…

For this home I sold in San Jose for $1,575,000, I was the agent for the seller. This is my 4th transaction with this client, and was her buyer’s agent for this home! This is a gorgeous home and very lovingly cared for, although, there were a few factors for this home, that made it a bit on the challenging side. For one, the floor plan is not that open feel type, personally, I love this floor plan, but it does not have the open type plan in which a lot of buyers are looking for these days, and it would be a bit hard to open it up for this particular plan. Also, this home sits on a T lot, so there were a number of buyers that did not want a home on a T lot. And, there was also a couple of cracks in the foundation, although, not a big deal for this particular case, easily fixable, but sometimes buyers are just leary of foundation cracks and it can be a bit scary to buyers that maybe don’t fully understand the situation at hand for this particular case. Those things, coupled with the fact the market has slowed down, and not the frenzy of early 2018, were factors in the turnout in the number of buyers for this home.

We did get buyers that fell in love with this home, just like my clients had fallen in love, and we did get an offer about list price, and the buyers were willing to give the sellers a FREE rent back. So, the sellers did do quite well, they bought the home barely 2 years ago, and did pretty well in 2 years, especially given the fact that the market has slowed down.

The transaction itself was overall smooth, although we did enter a hiccup, but we got through it. We supplied the buyers with inspection reports and explained the cost for the foundation to be repaired. I had talked to various foundation contractors who quoted me rough prices for the fix, we gave that info to the buyer’s agent. So, we were all on the same page, or so we thought, going into the transaction in regard to the foundation repairs. But, it seems that when some types of buyers have a way to re-negotiate, they just take that opportunity to do so, even if it’s not kosher, and even if they had the info in initial negotiations. I find that it’s taking advantage of the situation, so NOT cool, but some buyers just do what they do. We managed to get through that hiccup and completed the transaction. We really did everything on our end to avoid this type of mishap, but sometimes you run into a buyer that just doesn’t care about what’s right.

Sold in San Jose for $1,575,000!

Sold in San Jose for $1,575,000!

1,089 total views, 1 views today

Just Sold in San Jose for $1,100,000…

For this home I sold in San Jose for $1,100,000, I was the agent for the buyers. This is my 2nd time working with this couple. They bought their first home with me about 10 years ago and now wanted to move up to a larger home. This home had been on the market for a bit, although, the seller had received offers, just not an offer that they felt was acceptable. At the time my clients made an offer, another buyer came out as well with an offer. So, there was a little anxiety in regard to the other offer being considered as well, but thankfully, the seller chose our offer.

The overall transaction was very smooth and seamless, my favorite kind…nice and boring…no frills or drama.

Just Sold in San Jose for $1,100,000!

Just Sold in San Jose for $1,100,000!

1,025 total views, no views today