Real Estate

Los Gatos Swearing-In Ceremony

My wife and I took our children to the Los Gatos Town Council Meeting this week to see our friend Marico Sayoc be sworn in to her first term as newly elected Councilwoman for the Los Gatos Town Council.  Also sworn in were Rob Rennie who was also elected to his first term and Steve Leonardis returning for his second term). I say that…

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Good Fences Make Good Neighbors

In 1914 Robert Frost published Mending Wall, a remarkably complex poem about a seemingly simple subject matter – 2 neighbors and a fence. There is one line from this poem that has become a ubiquitous sound bite today, “good fences make good neighbors”.  Thanks to California Civil Code Section 841 we now have specific guidelines regarding how to…

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Benefits and Hazards of Seller Financing

Depending on your circumstances, seller financing offers certain advantages.  Often overlooked and misunderstood, seller financing can offer the following benefits: Monthly Income – Payments from a buyer provide seller with monthly cash flow (income). Tax planning – This type of installment sale allows the seller to report only the income received in a single calendar year (consult a tax professional).…

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September 2013 Home Sales Dip While Prices Climb

According to a report from the National Association of Realtors® existing home sales declined last month (September 2013) with limited inventory continuing to pressure home prices higher. Total existing-home sales, (include single-family homes, townhomes, condominiums and “co-ops”) declined 1.9 percent – but are 10.7 percent above the 4.78 million-unit pace in September 2012. Sales have remained above year-ago…

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What’s Insurance Got To Do with It?

Even as the financial crisis of the past 5 years fades into the history books, real estate strategies and lending practices remain a significant challenge when buying (yes, and selling) real estate. Along with changing market conditions, legislation, government assistance and incentive programs, loan modifications, short sales, REO’s and ever tightening mortgage underwriting and appraisal…

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The ROI of Proper Preparation

In my years as a real estate professional I have had ample opportunity to “deliberate” the subject of preparing a home for market – how much to do, how much to spend and “can I guarantee a return on the investment”.  In an effort to substantiate the claim that properly preparing a home for sale…

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Brian & Dan | Sereno Group

Brian & Dan | Sereno Group