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Wednesday, September 17, 2014

What you need to know before you sell your Milpitas, CA. Home Yourself "For Sale By Owner"

What you need to know before you sell your Milpitas, CA. Home in plain english.

fsbo milpitas ca Hi there, if you own a home chances are you might have wondering from time to time what your home might be worth, or maybe you saw your neighbors home for sale or you have seen some news about the current Real Estate Market. So now here you are wanting to know more about selling your home, well good for you at least you're taking the initiative to do some research. I will explain the following 7 most common questions a typical Milpitas, CA. Home Seller might have in plain english
  • How can I price my home right and get top dollar?
  • Where can I find buyers?
  • How do I show the home?
  • What's the typical home showing process?
  • Do I need to write up a contract?
  • The closing process

Can I sell my Milpitas, CA. home myself?

Yes, you can. It is totally legit to want to sell your own home yourself and on a scale from 1-10 with 10 being the most difficult, most sellers that have tried to sell their own home find that selling their home would rate in the 8 to 10 difficulty.
Why? Well, generally what makes it difficult is that if you have never sold a home you don't really know the legalities and you don't know how to screen the buyers or know that you're actually getting the best price for your home. Of course we live in the age of modern technology and there are many apps that might help us with massive resources to do most of the research, but the bottom line is that I can go to a website like Web MD and learn all about many symptoms and how to cure them on my own, but I wouldn't want to perform my own surgery. With that being said, if you are one of those who likes to do things on their own, then this might be right up your alley. But keep this in mind, a typical "For Sale By Owner" end's up selling the home for approx 3-8% below Fair Market Value according to 2013 For Sale By Owner statistics. So to recap, you can sell your home on your own and have a sense of accomplishment, but at the end you might just end up saving a couple thousand dollars while putting a lot of time and effort into selling your Milpitas, CA. Home. Wondering what your home is currently worth?

How Can I price my Home Right and Get Top Dollar?

There might be 3 explanations for this question, In plain english, you have to evaluate, appraise, know the local real estate market trends.
First, for the evaluation, a home inspection can be beneficial to know exactly how your home stacks up to today's home standards. This leads to asking if there is any structural damage to the property? Whether it's visual or hidden, the structural integrity of the home will always affect the value of the home. You can choose to fix or not, but you will have to disclose any known material issues that might affect the property at the time of selling actually selling your Milpitas, CA. Home.
Second is estimating or knowing the current home value of the home, the best way to do that is to get an appraisal done on the home you are considering selling, the average fee for a home appraisal varies depending on the size of the home, in Milpitas, CA. the average home is about 1,200 sq. ft. and the current average fee for that size home is $450-600 depending on the appraisal company conducting the appraisal.
Third is that you have to know where your current real estate market stands, is it an up market? A down market? or A flat market? This is part art and part science. Different neighborhood areas in Milpitas, CA. are affected differently and so are price ranges. Once you have evaluated these 3 factors you can be more confident as to how much your home is actually worth and make the decision to price it right and once you price the home right it will in turn allow you to  - Attract buyers. 
- Allow you to earn the most money possible. - Help you sell as quickly as possible.
One quick word of advise, beware of the bargain hunters that typically will try to only look at "For Sale By Owner" homes due to the fact that they already have the notion that a "For Sale By Owner" is typically trying to save money by not using a local real estate agent.
Wondering what your home is currently worth?  
How Do I Show the Home? or What's the Typical Showing Process.
Plainly speaking, As an independent home seller, you would be responsible for all showings of your home. With that in mind, always encourage prospects to make an appointment, and discourage drop-ins. Work to screen the serious buyers from the lookers. Be ready for the curious or nosy neighbors with similar style home as yours, they're going to want to know how their home stacks up to yours and will detain you by asking many questions without any intention to buy. You should also pre-qualify potential buyers to ensure they can afford to buy your home. The typical showing process is open houses on Saturdays and Sunday and if you advertise the home on the internet, be ready for drop ins even if you specify a specific time. When the time comes to negotiate, you'll need to be prepared and informed. Try to resolve any doubts your buyers might have, work to keep their interest high and make a final agreement as quickly and efficiently as possible. Once an offer is made, agree on the price and terms, respond to objections and try to be responsive and flexible to legitimate concerns.
Where Can I find Buyers?
There are several ways to attract buyers and create quality traffic. You have many options to choose from nowadays, You have the old ways - Sunday morning newspaper advertising, radio, TV, billboards, etc. but now you also have internet, social media, and many "For Sale by Owner" websites, but for most, recent individual home sellers statistics show that most home sellers just feel comfortable with the following;
- Paying for classified ads in the local newspapers. - Holding open houses. - Working to ensure the home gets good word-of-mouth exposure among friends,  neighbors and community organizations.
- Using Zillow
Again one of the most critical parts about selling your home is finding the right buyer that's ready, willing and able to buy the home at the price you want. This takes screening and knowing what to look for in a qualified buyer. You might be able to find them, but qualifying them is a different task on it's own.
Do I Need to Write Up the Contract? 
Yes, someone has to and if the buyer doesn't have representation chances they might not know how the home selling or home buying process works. It's always better to let an expert help you with this. Every independent home seller should have an attorney or other qualified individual to preside over all legal real estate agreements. You will also need to manage the sale proceedings and closing process along with setting up the closing date and time. You should be sure to include a list of items you want written in to the contract, including personal property that is to remain with the home (the refrigerator, microwave oven, dishwasher, etc.), or items excluded in the sale. Also, (and this is probably one of the most important and why most sellers get sued) remember that as the seller, you are obligated by law to disclose any material defects in your property to the purchaser. 
The Closing Process
This is where the money exchanges and legal action takes precedence, to find out more please visit the following link; http://www.SellMilpitas.com
Wondering what your home is currently worth?
Still considering selling your home one your own?
HERE are some interesting FACTS about selling a home on your own and "For Sale By Owners"  
  • FSBOs accounted for 9% of home sales in 2013. The typical FSBO home sold for $184,000 compared to $230,000 for agent-assisted home sales.
  • FSBO methods used to market home:
  • Yard sign: 36%
  • Friends, relatives, or neighbors: 28%
  • Online classified advertisements: 16%
  • Open house: 14%
  • For-sale-by-owner websites: 13%
  • Social networking websites (e.g. Facebook, Twitter, etc.): 7%
  • Multiple Listing Service (MLS) website: 7%
  • Print newspaper advertisement: 7%
  • Direct mail (flyers, postcards, etc.): 1%
  • Video: 1%
  • Other: 2%
  • None: Did not actively market home: 32%
  Most difficult tasks for FSBO sellers:  
  • Understanding and performing paperwork: 18%
  • Getting the right price: 13%
  • Preparing/fixing up home for sale: 12%
  • Helping buyer obtain financing: 3%
  • Attracting potential buyers: 3%
  • Selling within the planned length of time: 7%
  • Having enough time to devote to all aspects of the sale: 6%
Source: 2013 National Association of REALTORS® Profile of Home Buyers and Sellers

Tuesday, September 16, 2014

Down Payment Assistance Programs in Milpitas, CA. for First Time Home Buyers

Down Payment Assistance Programs in Milpitas, CA. for First Time Home Buyers

Living in the Bay Area, Silicon Valley and Milpitas, CA is not cheap. Many potential New Home Buyers are sometimes discouraged and scared away from the high prices that recent homes have been selling for here in the local Bay Area and Silicon Valley. In Santa Clara County the median home price was approx. $800,000 as of August 2014 according to the California Association of Realtors Regional/County Sales Data and Condo Sales Data

So what options does a hard working renter in Milpitas, CA. have?

The good news is that there are many Down Payment assistance programs that are available to help many First Time Home Buyers in Milpitas, CA.

Currently there are approximately 23 local programs in Santa Clara County to help Milpitas, CA. first time home buyers with much needed assistance to get them into the reality of owning and affording a home in the Bay Area, Silicon Valley or Milpitas, CA.

These programs can be used individually or combined for Down Payment Assistance, Closing Cost Assistance, and Interest Rate Buydown

This is great news for renters who are thinking about buying a home in Milpitas, CA. Personally I believe that Down payment assistance can help boost homebuyers’ purchasing power, help buyers retain a solid cash reserve for home improvements and other moving costs, and revitalize our local Milpitas, CA community with more homeowners. 

To get our free DownPayment Assistance eBook
for More information please go to; 


Monday, September 15, 2014

Town Home or Condo in Milpitas, CA?

Town house or condo in Milpitas, CA?

The City of Milpitas, CA has over a dozen town house and condo tracts. Most town homes and condos in Milpitas, CA. are located along east of Milpitas Blvd. The most popular town homes and condos are located near the Great Mall in Milpitas, CA near Milpitas Blvd and Curtis Ave. One of the reasons that they are popular is that they are centrally located to public transportation, shopping and easy highway access.

There are many affordable town homes and condos in Milpitas, CA. as well as luxury town homes and condos, but just about every town house and a condo in Milpitas, CA will have an Home Owners Association fee or H.O.A. fee. This fee usually covers the upkeep and maintenance of public areas within the tract or complex where the unit is located, which can include a recreation center, gymnasium, pool and play area.

There are not that many differences between a town home and a condo in Milpitas, CA. In plain english the difference between a town home and a condo in Milpitas, CA is that a town home usually comes with an attached parking garage and is usually a multi-level unit where as a condo usually has a car port or parking garage and shares attaching walls as well as above and below with other units.

Here is a picture of one of many town homes in Milpitas, CA.

See all town homes for sale in Milpitas, CA here

Here is a picture of a condo in Milpitas, CA.

See all condos for sale in Milpitas, CA here

Thank you for reading "Town House or Condo in Milpitas, CA"

Provided Courtesy of ALEX URBANO TAFOYA TEAM
Looking to buy a home? Hire us for FREE - No Cost to Buyers
Text or Call us TODAY (510) 999-8149 or (408) 753-7773
SEARCH the Entire MILPITAS area for FREE at http://mymilpitashome.com/homes-search
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Tuesday, December 17, 2013

Homes for Sale in San Jose, CA. 95127

Homes for Sale in San Jose, CA. 95127

Full details and all photos for ALL Available Homes for Sale in San Jose, CA. 95127. Our homes for sale property information is a direct feed from the local Multiple Listing Service and it's updated several times daily usually every 30 minutes. See more about Homes for Sale in San Jose, CA. 95127 here, www.AlexTafoyaHomes.com

Low or No Down Payment Options

There are still many programs for first time home buyers in San Jose, CA. We have all the current available options and programs to assist you in making your dream of purchasing a new home a reality. Program options include Federal Housing Administration (FHA) loans, Veterans Administration (VA) loans, Conventional loans and Rehab loans. Apply online today and find out which program is right for you and find your Homes for Sale in San Jose, CA. 95127. Use the following Link, more information on the home buying process.

Market Insider for San Jose, CA. 95127

We work hard to know all the stats in Homes for Sale in San Jose, CA 95127 on a daily basis. Our information is fresh and up to date specially since we preview most of these homes for sale in San Jose, CA. 95127 personally. We have many resources that allow us access to the most comprehensive insights in the San Jose Real Estate market and we would love to share those stats with you, sign up for our local Newsletter and receive up to date information, daily, weekly or monthly. Request an up to date report Now and get all information the pros use today. Just click on the picture or the following link, My Market Report, to request a new report.

Homes in San Jose, CA 95127 are centrally located near some of the major high tech corporations. Most commutes are less than 30 minutes to any local destination and some are even accessible through public transportation such as the light rail, or transit buses. There is also many local parks, trails and shopping areas that are located near homes for sale in San Jose, CA. 95127

FREE Community and Demographics Reports for Homes for Sale in San Jose, CA. 95127

Gain valuable insight into the Homes for Sale in San Jose, CA 95127 community by looking at household incomes, crime risk, education levels attained, and potential for extreme weather. The report will show points of interest like shopping, restaurants, and health care services.

The report we will provide to you for San Jose Homes for Sale in CA. 95127 will also include local SCHOOL information complete with API scores.

Get a free accurate home value analisys today. Since home prices change daily there is a lot of wrong information out there on what the value of your home should be. We have one of the most comprehensive and accurate reports available. Request yours today at the following link. http://alextafoyahomes.kwrealty.com/sell/

Thank you for reading this information on Homes for Sale in San Jose, CA. 95127

Sign up for our Newsletter or Request Reports Here

Provided Courtesy of ALEX TAFOYA HOMES TEAM
part of the Keller Williams Realty Gateway Family
Looking to buy a home? Hire us for FREE - No Cost to Buyers
Text or Call us TODAY (510) 999-8149
SEARCH the Entire San Jose area for FREE at
Get a FREE report on YOUR HOME's Value at

Connect with Alex Tafoya 
and get LOCAL UPDATES in Real Time from

Monday, December 16, 2013

Home for Sale in South San Jose with Bonus room


3 bed 2 bath home
Updated kitchen with granite counters
Large rooms
Newer roof
1,317 sq ft. Home

Home is a gorgeous and beutiful ranch style home, many recent upgrades, near schools, shopping, parks, trails and highways.

Home for Sale in Milpitas, CA. 95035

Homes for Sale in Milpitas, CA. 95035.
1 bedroom, 2 bedroom, 3 bedroom and 4+ bedrooms near Schools. Easy commute to Intel, Google, eBay, Cisco campuses. Amazing Homes, must see.

Get details by copying and pasting the link below


Provided Courtesy of ALEX TAFOYA HOMES TEAM
part of the Keller Williams Realty Gateway Family
Looking to buy a home? Hire us for FREE - No Cost to Buyers
Text or Call us TODAY (510) 999-8149
SEARCH the Entire San Jose area for FREE at http://alextafoyahomes.com/find-a-home
Get a FREE report on YOUR HOME's Value at http://alextafoyahomes.com/sell-your-home

Connect with Alex Tafoya 
and get LOCAL UPDATES in Real Time from

Monday, August 5, 2013

Santa Teresa Inventory of Homes is Increasing....Good News for Buyers!

Call Alex Tafoya at 408-813-8232 or Click Here to get a copy of our free tips for buyers.

Sellers I have a full proof method to gain you the most equity for your home if you are thinking of selling, just Click Here

Santa Teresa housing inventory has increased over the last 3 months since May of 2013. Most of the new homes for sale are regular sales. With Short Sales and Foreclosures relatively vanishing and becoming non existent from the Santa Teresa neighborhood real estate. 

Good News for those looking to buy in Santa Teresa
This is good news for buyers looking to find the right home at the beginning of the school year. Since Santa Teresa has some of better schools in the city of San Jose such as Santa Teresa Elementary School or Ledesma (Rita) Elementary School which both score a high 8 of 10 in the GreatSchools scale.

The median home price in Santa Teresa is holding steady at about $600,000 which is approximately 7.7% less than the previous month which was at about $650,000. That is great news for buyers. More inventory and lower price could mean affordability for many.

Is this bad news for sellers? Well not exactly, we are still seeing multiple offers, but it has faded down to healthy competitive number, for example instead of seeing 50 offers on a descent property we are now seeing about 10 or so. By having multiple offers on a property it still makes it a sellers market in my book.

When is the Real Estate market in the Santa Teresa Area going to change? That is the million dollar question, truth is that the market is constantly changing in front of us. There is no exact date or time, but there are many variables and signs to consider such as the local economy and the ever changing interest rates. As Realtors' we do our best to keep an eye on the housing trends by knowing our local inventory. As local experts we are able to identify with precision the speed of supply and demand in our Santa Teresa neighborhood. Currently the monthly supply of inventory in Santa Teresa is less than one month (approx. 18 days) which means demand is still high. 

I don't have a crystal ball, but information (correct information) in this day and age is extremely valuable for both buyers and sellers. By talking to a Real Estate professional who can provide great information, it will always be a good time to buy or sell in any market. 

You deserve the best and the most valuable information about our neighborhood, so if you're ever in my area in Santa Teresa please drop by our Keller Williams Realty Office located at 
180 Great Oaks Blvd. San Jose, CA. 95119 and pick up some local stats