Mountain View Sunnyvale Palo Alto CA Real Estate Agent Properties, Los Altos, Menlo Park & Cupertino Homes for Sale

Agent interview regarding the sale of Porpoise Bay Terrace, one of the largest townhouse floorplans (Waterford end unit 2000+ sq. ft.) located in the highly desired Traditions community in Sunnyvale. Chemical Wedding dvd

What was biggest challenge in selling this home?

Alex: I think the biggest challenge was knowing that my  client and I were working in an active and fluid buyer’s  market. In this type of market, there was a need to be  patient and disciplined to wait for the right buyer to come  along. We had an initial offer that took about a week of  negotiations resulting in the sellers actually agreeing to the  buyers price, however the buyer got a case of ‘buyer’s  remorse’ and decided to hold off. Instead of worrying that      that would be the only buyer we would have, we kept at it,  marketing the property, and we got a better and higher  offer only a week later. Being patient was key for both myself and my clients.

As a Realtor, how did your role play out in this particular home sale?

Alex: The 40 Year Old Virgin movies Well, when considering the transaction as more of a relationship, I don’t see my job description just limited to selling the home. There are other aspects that I need to pay attention to and sellers and agents have to realize that this is a team effort. For this particular instance, the sellers were already dealing with a move to their new home, so that had their hands full. I did what I could to alleviate the stress on the listing side by stepping out of a traditional “that’s not my job” role and try to help the owners with any problems that came about.  If me and my team can do something to help our clients, we will get it done.

What were the key factors in selling this home?

Alex: A couple factors helped facilitate a smooth sale and good price. Staging homes to sell are a definite must. Staging can help not only increase the price of the offers your receive, but also the quality of the offers as well. Another factor was keeping cool during negotiations and being firm on our target price. In order to do this, we needed good local knowledge of the Sunnyvale real estate market.

What was one thing you could’ve done better?

Alex: I would have preferred listing our home price a little lower than our initial offer price. Because we set it a bit higher, it added 2 weeks to our market time. Eventually, when we dropped it closer to market value or the sale of a recent comparable, we saw an increase in traffic and which ultimately resulted in buyers making offers.

What charity did these clients choose to support?

Alex: My clients recently had a friend start a non-profit called Future Hope in Seattle, Washington. Though we usually donate to local charities, this non-profit seeks to educate and empower children in the Third world. We felt this was a great mission and we donated ten percent of our gross commissions to this cause.

To read the seller’s testimonial and other client’s experience with Rainmaker Properties, please visit us at Yelp.com

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Hey everyone,

Alex Wang needs your help! HGTV and Rainmaker Properties are looking for someone that fits a criteria for a new Home series. (Anyone that qualifies will be compensated from HGTV handsomely)

Here are the details…

ARE YOU, or DO YOU KNOW: A couple, family, or individual that is being uprooted from one city, town, country location to another?

Examples) -City to country: Palo Alto to Tulsa, Oklahoma
-Country to city: the open range of Texas to San Jose condo
-Abroad to America: London to Mountain View
-American — Abroad: Oakland to Costa Rica
-Apartment to house: San Francisco to Sprawling home in Georgia Suburbs
-Mainland to Island: Dublin/Pleasanton to Hawaii

IF YOU KNOW OF A CANDIDATE; PLEASE REPLY TO THE RAINMAKER FANPAGE! THANKS!

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Seeking high-energy home buyers who are saying goodbye to their hometowns, totally picking-up, and moving to a new place where everything is different. Whether they’re moving from the mountains to the ocean, a major city to the country, or making a move overseas, HGTV wants to hear your story.

Requirements:
-The clients must have begun the closing process on their new home or will be closed mid September ‘09
-Their old home must not immediately be occupied (unless current residents would allow filming)
-They must not be moving because of retirement or military reasons.
-Price range must be between 400k to 1 million. Snakes on a Plane video

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Rainmaker Properties presents our newest home listing.

This charming, Burlingame Park, 20’s bungalow, sits in the prestigious Burlingame school district. This classic home is located across from Primrose Avenue and a is just a few short blocks from Burlingame Avenue boutiques and restaurants.

Classic features include:
*Hardwood floors
*9 foot ceilings
*Huge living & dining room
*Large kitchen
*Basement
*Archways
*Ceiling fans
*Detached 1-1/2 car garage
*Long driveway w/ lots of off street parking
*4 bedrooms plus den/office; Or 5th bedroom w/o closet
*Laundry room
*2 full baths with one bathroom updated

Additional features:
*Zoned R3
*Burlingame School District
*Adjacent to Burlingame Avenue
*Easy access to SamTrans bus line & Caltrain Station

What’s most exciting about this property is its sheer unlimited potential as a restoration project/renovation as charming, single family home. Divide the existing structure into a duplex or build a brand new multi-family property. Check with City of Burlingame for specific information on possible uses.A Knight’s Tale film

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Thanks to all our friends and fans who helped us break our first marker of 100 fans this week!

We’re excited to be rolling out new and great contests, providing you with great news with all things Real Estate for the SF Bay Area and beyond.

Congrats to all the winners!

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This week only, as we race to 100 fans, we’re celebrating by offering all who join our Facebook Fanpage a chance to be entered to win a pair of AMC movie tickets!

Already a fan on Facebook? You can win too! If a friend you refer, joins Rainmaker as a fan and wins the tickets, you win a pair of movie tickets yourself!

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Good luck! And thanks for making Rainmaker Properties your Go-To place for all things real estate, where building relationships comes one client at a time. The Reader psp

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Rainmaker Properties reserves the right to cancel the contest at any time. Current and former Rainmaker properties employees are excluded from the Race to 100 Fans contest. Contest ends at 12 a.m. PST August 30, 2009. All Rights Reserved.

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The Bureau of Labor and Statistics released the Consumer Price Index (CPI) numbers for all urban consumers and over the last 12 months, the index has fallen over 2.1%. This is the largest decrease since January 1950.

What does this mean?

Well, the little mortgage birdie tells me that with bad economic news, interest rates usually improve. Silicon Valley home and property owners can expect a possible 0.125% improvement in interest rates today.

Another thing to keep an eye on is the government’s (Federal Reserve and the Treasury) involvement in purchasing mortgage backed securities per the Obama Stimulus Plan. Don’t expect this to last. The Fed has announced that they will be purchasing mortgage backed securities till the end of 2009, however the Treasury has announced that by October of this year, they will no longer be purchasing these securities. The tax credit for home purchases deadline is also going to be at the end of October.

Based on this information, there’s a high probability that rates will rise at the end of 2009

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This said, no one knows for sure, but these are good data points to keep track of. One thing is for sure about real estate and tomorrow’s mortgage rates: they will either rise or fall.

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As summer is a “hot season” for burglaries, you may be looking to enhance home security.  So, how can you make it harder for thieves to break into your home?  Start with a look around.

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• “Case” your home as a burglar would.  Survey during daylight hours and at night to identify blind spots, vulnerable entry points, and anything else that makes a burglar’s job easier.

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• As you remedy weak spots, remember that burglars don’t want to be seen, heard, or delayed while they work.  So take actions – like the following – that raise the risk of all three.

• Secure the perimeter to deter would-be intruders.  Trim trees and shrubs to increase visibility and eliminate climbing access to high windows.  Store items such as ladders and tools that can be used to gain entry.  And plant prickly brush under windows, or add small landscaping gravel, which is noisy underfoot.

• Keep it bright so prowlers can be seen.  Use landscape and porch lights, dusk-to-dawn floodlights, and heat or motion triggered spotlights.  And position security lights to prevent tampering.  Inside, consider using a wireless, remote-controlled system that lets you turn on all lights at the press of a button, and set varied random modes for use when you are away.

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• Fortify entry points to make forced entry difficult.  Have solid doors, reinforced jambs, and deadbolts with steel-reinforced strike boxes.  Use double-cylinder deadbolts next to glass panels and security bars for sliding doors.  Further secure windows with auxiliary locks.

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And keep in mind that security devices are only as effective as your weakest link.  Therefore:

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• Be security conscious as a matter of habit.  Establish a routine for locking up and turning on the alarm.  No alarm system?  Consider investing in one.  Be sure to immediately repair broken windows and locks.  And, no hide-a-keys or house keys on a ring with your address.

Also, as you secure your home, be mindful not to impede a safe and quick emergency escape.  Remember that observant neighbors are an effective crime deterrent.  And always consider me your go-to resource for trusted information that helps you keep your home and family safe.

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Recent had a great chat with friend, mortgage broker, and East Bay Realtor David Tang Pitch Black movie download Streets of Blood the movie Persuasion on dvd Touch of Evil move

about the recent spike in mortgage interest rates. David has always provided some sound advice and updates on how the current real estate and finance markets are doing. This is what he had to say:

Mortgage rates took a big jump yesterday as investors looking at the United States Government’s efforts to sell nearly $2 TRILLION

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in U.S. Treasury bonds this year to fund its various Stimulus programs decided that the risk of inflation and rising interest rates were too high at the current record low yields.

In addition, signs of a recovery in the United States and globally are prompting some investors to lighten their holdings in U.S. Treasuries in search of other opportunities with greater potential returns.

Mortgage rates jumped from 0.25% to 0.75% as banks and lenders tried to figure out what was a reasonable rate to charge for mortgages in this new climate of potentially rising interest rates.

For potential home buyers and those considering a refinance, it would be strongly advised to double check with your lender to see if your rate was locked prior to Wednesday – and if not – what the new rate is going to be.

After a period of relative calm in the interest rate markets, it looks like there could be some turbulence ahead so make sure you get good counsel on what your options are to protecting your financial position.

If you or anyone you care about is interested in obtaining more information about real estate and mortgages, feel free to contact us

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Had an opportunity to share with Nick Veronin at the Palo Alto Weekly on how the impact of blogs on the ever-changing real estate market.

Here is the Palo Alto Online article.

Below is a sample of the Rivermark Santa Clara listing with our new video tour format referenced in the story.

What do you think is next for online real estate marketing?

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Last month

, we posted some basic information about available home buyer tax credits. Don’t forget, buying the home is the first step, but you must make sure to apply for tax credit right away. Below you can find out if you qualify, for how much, and what forms  you need.

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First, identify yourself as a first time buyer. To qualify, a first-time home buyer must be a taxpayer (or spouse, if married) who had no present ownership interest in a principal residence in the U.S. during the 3 year period before the purchase of the home to which the credit applies. If the individual is married, neither the individual nor his/her spouse may have had a present ownership interest in a principal residence during the three-year period, even if they file as married filing separate. *Also note that the home does not qualify if it is acquired from a related person, and or by gift of inheritance. *

For homes purchases after April 8, 2008 and before January1, 2009, credit is equal to the lesser of:

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-10% of the purchase price or $7,500 ($3,750 for married individuals filing separately)

-This credit is essentially a loan as the credit is repaid to the IRS ratably over 15 years.

Homes purchases after December 31, 2008 and before December 1, 2009

-Credit is equal to the lesser of :

-10% of the purchase price or $8,000 ($4,000 for married individuals filing separately)

- The repayment requirement is removed except in cases where the home is sold or ceases to be the taxpayer’s principal residence within 36 months of its purchase.

Phase-Out of Credit based on Income

The credit is reduced on a percentage basis in the Modified AGI is:

- For individual Taxpayers: Between $75,000 and $95,000

- For Married Taxpayers:    Between $150,000 and $170,000

If applicable, this credit can be claimed on a 2008 tax return either under extension or by amendment. You’ll need IRS form 5405 to do this.

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Credit is for purchase of a new (previously never occupied) qualified principal residence made after February 28, 2009 and before March 1, 2010.

The credit is equal to 5% of the residence’s purchase price, up to a maximum of $10,000, claimed over a three-year period beginning with the taxable year the residence is purchased.

Taxpayers must apply for credit allocation from the Franchise Tax Board. California has allocated $100,000,000 for this tax credit. Once this allocation is used, the credit will no longer be available.

The application for the credit is on Application for New Home Credit 3528-A must be submitted within one week (seven calendar days) after the close of escrow.

To quality for the credit, the residence must be:

(1) New – previously never occupied
(2) A single-family residence, whether detached or attached
(3) Purchased to be the principal residence of the taxpayer for a minimum of two years; and
(4) Eligible for the property tax homeowner’s exemption

Unlike the Federal credit:

-The credit is not limited to first-time home buyers, and
-There are no income limitations.

If applicable, an individual or couple who purchases a previously unoccupied (new) home, and also qualified as a first-time home buyer for federal purposes, qualifies for both credit of up to $18,000.

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