I would recommend contacting a couple of local contractors and ask for estimates based on the actual property. One big question will probably be is it possible to use the existing structure or would it need to be removed?... more
These are very good investments. They have a huge potential to go up in vale and would rent quickly as well.
Century 21 M & M Associates
DRE# 01879566... more
Hi Brian, according to the Mulitple Listing Service (MLS), this area is considered Willow Glen. Most of WG encompasses zip code 95125, however these are located in 95124, right near the border. Most of 95124 is considered Cambrian area on the MLS. Both are nice areas. Toll brothers has these units listed on the MLS. Would you like me to email you the listings? I recommend having a buyers agent represent you if you decide to purchase one of these. You do not have to pay for this service, the seller pays your agent, so it is free to you to have your own agent representing your side of the transaction. The monthly HOA fees vary from $390 up to $486 depending on the size of the unit. Email me through my website below to request the listings. Kind regards.... more
Make sure before you buy a home you are qualified and understand the terms and expectations for your mortgage.
Have a good conversation with your realtor, and have that conversation about commissions and how they work. Good Luck.
Amerifirst Financial Inc.
Yes you can get your due dilligence done in 7 days. Remember that day 1 is the day after contract acceptance. Line up a good lisenced Home Inspector before your inspection period begins. Banks are making the rules these days. The standard Arizona Association of Realtors purchase contract has 10 calendar days. I often change this to 10 business days. Any questions about North Scottsdale see our webstie.... more
Certainly Cahill Park (near the Alameda/San Carlos) area is a greater starter are for young families. The park central is great and you are walking distance to restaurants and mass transit. The town homes are mostly tri-level homes and that has to be a style you like for that specific complex.
Cambrian Park, in general, offers a longer commute but better schools. You will also have a chance of finding a single family detached home. See www.schoolperformancemaps.com
Another option is to consider West San Jose, 95117. Moreland school district has some great schools and is a quick commute to Sunnyvale.
The decision comes down to lifestyle (single family detached vs condo/thome), neighborhood, commute, and price. There are homes in your price range in Santa Clara, Sunnyvale, and Cambrian. Many will be short sales or REOs. It will take learning more about the areas to see if these homes fit your criteria.
I raised my sons in Cambrian. We had a 1960's two story home with a pool. Our utility bills changed so often depending on our usage. As we upgraded the home it changed and the cost of utilities changed as well.
The best source for this is to ask the seller of a specific home what their cost for Gas, Electric and Water. It can vary so much. Is the home insulated and if so what type? Roof Type? Which direction does the house face? Are there trees to shade the home of is it in the sun? Are there double pane windows? How new are the appliances? Do they have an use air conditioning? A pool? Hot Tub? Gas or Electric appliances? What type of water heater?
As you can see it can vary and I would not through a number out because it would be too general in nature.
Have an amazing day!... more
First of all, getting permit will take time from city and their inspector to inspect the property. So, it will not 2-3 months turn around for you to make $100k. Give it minimum 6 months prior to see any fruits.
Second, you should interview at least 2-3 contractors and have their bidding submitted. Make sure they are fully bonded and insured.
Third, if you are not working with any agent, I would love to help you to acquire the property at your request.... more
Yes and no. It will be less desirable to some buyers to have a utility pole near by and so those properties might have to lower their price in order to overcome the negative of the pole. This will result in lower prices for comps in the area of the poles. Price corrections are the only way to overcome a negative that you have no control over. On the other hand, lowering the price to offset the negative might make the homes sell quicker giving you something of a positive thing.... more
There are a lot of homes for rent because sellers are opting to wait out the sale market. In spite of this, rents are holding strong and increasing in some areas. Most ranch homes in good shape should rent for approx. $2,000 per month. Of course, if your home is more luxurious or larger, then more. Is it a good strategy... well that depends on a lot more factors. What are your plans with the home in the future?... more
I've taken a look at this subdivision. In general, I thought they were nice, especially if you are looking for new construction. Today though, new construction generally means reduced setbacks from the street, narrow side yards, small lots and less privacy. The front side of the community is not well shielded from the traffic on Leigh and Foxworthy. The homes on the back side boarder a baseball field shielded by trees and would be my first choice. Alts, the development is located in the Cambrian School District. Many would consider this a bonus to the appeal of the development and for future resale and desirability.
Many builders offer incentives that you may be able to leverage. Such incentives will include interest rate buy downs (paying points on your behalf to lower your interest rate), credits for upgrades to floor coverings, appliance packages and the like. When buying in a new development you can utilize the services of a buyer’s agent to watch out for your interests, negotiate contract terms, and be your advocate. You may consider resale homes in the same neighborhood. Happy to help.
Best to you in your hunt!
Patrick Johnson... more
This is a great location with many pluses and no serious negatives. The fact that is is not "modern" is not a negative at this price. My personal opinion is that the house is perfectly livable , although the new owners will probably plan to remodel in the future. If it had already been "updated" to your standards it would be priced much higher than $659,000.
Get it at close to this price and you have a great purchase.