Don’t miss the opportunity to get an Exclusive First Look at this newest listing.
144 S. 3rd St Unit 507, San Jose CA 95112
This Friday 05-03-2019 | 5:00pm to 7:00pm
Wine and Sushi
Spacious downtown San Jose condo, in the very desirable Paseo Plaza community. This one-bedroom unit on the 5th floor is a sought after floor plan in the community, the windows provides excellent views of the downtown San Jose skyline, condos in this location of the complex rarely comes up for sale. Upgraded kitchen in 2014 with glass tile backsplash and quartz countertops, upgraded LED lighting throughout, walk in closet with built in custom closet organizer. The upgrades plus recent interior paint, newly installed carpet, grout in entryway, kitchen and bathrooms brings a refreshed look and feel.
Walking distance to restaurants, SoFA (South of First Area) an arts, cultural, and entertainment district, coffee shops (Philz Coffee), theaters, Safeway, SJSU, MLK Library, Cal Train, SAP Center, and more. Access to, pool, hot tub, sauna, gym, secure lockers for packages, clubhouse lounge, and courtyards. All of this along with the future builds and proposed Google Village makes it a great opportunity to own here.
Rare opportunity to live at the highly desired Paseo Plaza community! The spacious one-bedroom 5th-floor unit has been recently upgraded and has so much to offer its new owners, including fantastic views of the downtown San Jose skyline. The kitchen, upgraded in 2014, boasts eye-catching glass tile backsplash, quartz countertops, stainless steel appliances, and loads of cabinet space with pull-out kitchen shelves. Other upgrades include LED lighting throughout, fresh interior paint, newly installed carpet, and fresh grout in the entryway, kitchen, and bathroom. Adjacent to the bedroom is an enviable walk-in closet with custom built-in organization system. The community offers so many amenities such as a pool, hot tub, sauna, gym, clubhouse lounge, and secure lockers for deliveries. Paseo Plaza is located in the heart of downtown and is only a short stroll to many restaurants, SoFA, Philz and other coffee shops, bars, theatres, SJSU, SAP, CalTrain, and so much more. This unit won’t last long, so don’t delay in being able to call Paseo Plaza ‘home’.
The holiday season is upon us, and many of us have already begun to celebrate. From trimming trees to lighting candles, it’s the time of year to fill your homes (and hearts) with holiday joy.
But there’s no need to stop at your front door. Let the spirit of the season radiate outward from your house into your community. Some homeowners hang outdoor lights and decorations to help make the neighborhood “merry and bright.” But that’s not the only way to share the magic of the holidays with others.
Not sure where to start? Check out these 9 inspirational ideas for spreading cheer far and near!
NO PLACE LIKE HOME
You probably don’t have to look far to find someone who could benefit from a gift or kind gesture this time of year. Try one (or all) of these ideas for sharing the season with those closest to home.
1. Host a Holiday Party
Hosting a neighborhood holiday party is a great way to reconnect with old friends and welcome new families to the community. And it doesn’t necessarily require a huge investment of time or money. Plan a potluck dinner and ask your guests to bring a dish or drink to share. Or host a holiday cookie exchange and ask everyone to bring a couple dozen of their favorite cookie to swap with other guests. Hot cocoa and caroling is another great way to bring neighbors together to celebrate the season.
If you have a neighbor who you’ve been at odds with in the past, consider extending them an invitation, as well. It could be the perfect opportunity to make peace in the new year.
a Neighbor in Need
The holiday season is the perfect time too ffer help to a neighbor in need. Next time you head out to rake your leaves, take care of an elderly neighbor’s, as well. Or drop off dinner for a friend who is recovering from surgery.
If you know of someone in your community with a larger need, consider setting up a Care Calendar through a site like CareCalendar.org.Then share the link with other neighbors who may be interested in helping, too.Users can sign up to run errands, cook a meal, babysit, wash laundry, clean the house, mow the lawn, or complete other household tasks depending on the individual’s needs. Even a small gesture of kindness can make someone’s holiday extra jolly.
Treat Your Mail and Package Carriers
Extend comfort and joy from your own front porch during your postal and package carriers’ busiest time of year.1While many of us love the convenience of shopping online for holiday gifts, the boom in e-commerce has exponentially increased the workload for our postal and package carriers, some of whom work up to 70 hours a week during the holiday season.2
You can help brighten their day by leaving a goody and note of gratitude in your mailbox or a basket of water and snacks by your front door. Attach a sign that says: “Thank you for working hard to deliver our holiday packages. Please take a treat to enjoy on your route!”
STOP AT YOUR STREET … BRING HOLIDAY CHEER TO EVERYONE YOU MEET
Surprise and delight those you encounter with a small act of kindness or a generous gesture. ‘Tis the season of giving, but the reaction you get in return may be the best gift of all!
Don’t be a Grinch when it comes to tipping at the holidays. Your waiter, your Uber driver, and your hairdresser will all appreciate an extra-generous tip this time of year.
International etiquette expert SharonSchweitzer recommends that you start by setting a budget for holiday tips and prioritizing those you most want to thank.3 Place those who help you most frequently at the top of your list—such as your trusted housekeeper,nanny, or daycare provider. For those you regularly tip at the time service,consider frequency and length of the relationship to determine an appropriate amount.
Everyone could use a little extra cash around the holidays. If you can afford it, share a bit of your abundance with others.
Thank Those Who Don’t Get a Holiday
Santa isn’t the only one working on Christmas. Emergency workers, hospital staff, airline employees, toll booth attendants,movie theater staff, and many others will be working to make your holiday safe and bright.
Say “thank you” by bringing breakfast to the firehouse or police station on Christmas morning or by dropping off a tray of goodies for the hard-working hospital staff on New Year’s Eve. Keep a stash of treats or coffee-shop gift cards on hand to pass out to those you encounter working over the holidays. And, if appropriate, a generous tip is always appreciated!
Stockings for the Homeless
Not everyone gets to go “home for the holidays.” You can bring a little cheer and comfort to a homeless person this year with a holiday care kit.
Pick up some inexpensive Christmas stockings from a craft store and fill them with a variety of useful items, such as:
Applesauce cup (and plastic spoon)
Cereal or granola bar
Cheese or peanut butter crackers
Toothbrush and toothpaste
Tuna and crackers
As an added touch, include a sweet treat and a handwritten note wishing them a happy holiday. Hand the stockings out at a shelter or keep a stash in your car so you can offer one when you encounter someone in need.
JOY TO THE WORLD BY BECOMING A SECRET SANTA
Reach beyond your sphere by sending some holiday magic out into the community. Surprise a stranger with an anonymous gift that’s sure to make their holiday shine.
Offer Warmth on a Cold Day
As temperatures drop, some members of our community will be left out in the cold. Our local homeless population is especially vulnerable this time of year, but so are many families living in poverty. Health experts warn that a two-degree drop in body temperature can result in reduced heart rate, lack of coordination, and confusion, making it difficult for adults to work and children to learn.4
You can help by bringing your old but gently-used coats to a collection site. Leave a note in the pocket wishing the recipient a warm and happy holiday. Or tie a scarf around a tree and attach a sign that says: “I am not lost. If you need this to stay warm, please take it!”
Check with local homeless shelters to find out if they accept donations of old blankets. Well-worn blankets and towels can often be donated to an animal shelter to help keep four-legged friends warm this winter, as well.
Off a Stranger’s Layaway
Some large retailers offer layaway options during the holidays so that shoppers can pay for their purchases a little at a time. Media stories often surface this time of year about anonymous donors who pay off a stranger’s layaway account to the surprise and delight of the recipient.
This is a great way to help a family that may not qualify for charitable assistance but is on a limited budget for holiday gifts. If you have a particular interest in helping kids, you can ask to payoff an account that consists primarily of children’s items.
You don’t have to drop a bundle to become a family’s “Secret Santa.” Ask the layaway attendant to search for accounts with balances that fit within your budget. To make a bigger impact, ask friends and family members if they want to pitch in to help, too.
Donate Toys to a Tot
One of the most popular ways to give back during the holidays is to participate in a toy drive. There are a number of great charities that collect toys for children of low-income families.
Before you shop, find out if the organization has a wish list of preferred items or guidelines for wrapping and labeling the gift. And check the drop-off deadline to ensure your gift will reach its intended recipient in time.
If you have children, involve them in the process of selecting and purchasing the gift so they can experience the joy of giving to those less fortunate, too.
One more easy way to support the community this year? Shop local! From locally-owned stores to service providers, please consider spending your holiday dollars here at home. We have an extensive network of local businesses and would love to recommend some of our favorites. Give us a call, and let us know how we can help!
Are you’re thinking about buying a home and you need a recommendation for a realtor?
Have ever asked someone for a recommendation for a restaurant, dentist, or car mechanic, and heard great things about them from the person giving you the recommendation? But when you decided to go with that recommendation it wasn’t as stellar as you expected?
We’ve all been there and had a similar experience at one point or our lives right? And we wished we could go back and take the time to really determine if that dentist, mechanic was the right person for us?
And the same goes when choosing the right Realtor to work with? Just because they maybe have been recommended from someone you know. It’s always a good idea to interview other Realtors to get a comparison and to really make sure that recommended Realtor is going to work for you and help you achieve real estate goals.
A Realtors first responsibility is to watch out for your best interests. If a Realtor starts protesting that you don’t need to interview other agents, then that should be an immediate red flag. Because they are putting themselves first.
So please do yourself a big favor and make sure you take the time to talk to to a few agents before making the commitment. Doing this will greatly help you to really determine if you’re working with the right agent.
Here are two main questions to ask Realtors that will give you an insight on whether they would be someone you would want to work with.
What’s your process when working with a home buyer?
This a key question that should always be asked in the beginning it’ll save you the mistake of working with someone who’s only seeing you as their next commission.
By asking this question your looking for a Realtor that has a proven process for home buyers. It’s more likely that a Realtor with a proven process will get buyers into homes a lot easier, and prevent a loss of time and money.
Through the many years being able to help many home buyers the ones that were the most successful followed my process. They took the time to sit down with me to define their home buying goals, understanding the home buying process along with how their goals fit in the current market, and working together to create a personalized home buying strategy.
Pay attention to how they educate buyers on the process.You’re looking for a Realtor who sees the value in educating you with buying process before taking you to looking at homes. If an agent who starts out by saying “we’ll go look at homes and once you find a home, you like we will then put in an offer” I would look to work with someone else that will take the time to inform and educate you on the process first.
How long have you been a Realtor? And do you do it full time.
While it’s true experience doesn’t necessary equal success, with a commission based business such as real estate if they’ve been practicing real estate for at 5years or more and surviving they must be doing something right.
The follow up question asking if they do real estate full time is very important to ask. There is part time Realtors that has a full time job and do real estate on the side. What you want is to work with a Realtor who does real estate full time and is going to be fully available.
You don’t want to end up losing a home because the part time Realtor just couldn’t respond fast enough to an offer, or couldn’t take time away to view a home with you on the weekday vs. the weekend when they would normally be free.
Here an additional resource provided by Realtor.com that can provide you with more information to helping you choose the right Realtor.
Because your spending your time and will be making one of the biggest purchases in your life. Make it a point to reach out to other agents just to make sure the recommended Realtor is the right person for you. Be sure to ask the two questions to qualify them.
Have you thought about selling your home and are finding it difficult coming up with a sale price? Perhaps you may be thinking that you may make a mistake of listing the home lower than what it’s worth and leave money on the table?
A lot of homeowners in today’s real estate environment has had the same challenges in coming up with the correct pricing of their home. Because of the market correction and upcoming holidays those who are not prepared are seeing their homes on the market longer and not selling.
There are two types of sellers.
Price Motivated Sellers – They want to only sell if they get a certain price. From my experience the price they want is always higher than what buyers will pay for their home. They have a place in mind to move to, but it’s not that urgent.
Situation Motivated Sellers – They have to sell because of a possible life changing events and it would be great if they could get the highest price for their home. They are flexible and if needed they could also rent out their home if it doesn’t sell but they prefer not to.
If you are the situationally motivated seller than this information that will greatly help you to price your home correctly. Increasing your chances in getting your home sold quicker than that other similar homes in the area and for a higher price.
Because of the market adjusting and we’re rolling into the holidays, determining a listing price can become a lot more difficult. Basically what we’re seeing is prices adjusting lower than it was at the beginning of the year. And it varies depending on the neighborhood and location. On the average for the city of San Jose overall you’re seeing an estimated 10% downward price adjustment from May to Oct of this year. And with Holidays that will have an effect on how you price your home correctly.
The key things to keep in mind when pricing your home in today’s current market is:
Look for similar homes in the that area sold within the last month and see how much they sold for and how long it took to sell.
By looking at similar homes that sold within the last month this will give you a true indicator of the current market in your area. If you choose to look at homes that sold 6 or more months ago your looking at a different market and that’s going to give you the incorrect price information.
To find similar sold homes for your area you can use on-line real estate sources such as Realtor.com, Zillow.com or a local real estate agent. If your in the San Jose, Silicon Valley area feel free to use this on-line resource Realscout.
What is the current traffic of buyers and interest level from buyers in the area?
This information will help to determine how aggressive you have to be when pricing your home. For example… if you get a feel that the traffic is low and the interest level is low in the area then naturally to gain more traffic and interest you’ll have to aggressively price your home better than other homes for sale in the neighborhood.
Some of the ways to get this information is by visiting openhouses in the area to see the traffic coming in and also have a conversation with the agent there and ask what what the foot traffic and interest level is like for the area.
What are the current homes that are for sale priced at and how long have they been on the market?
Seeking out this information will help validate the sale price you have in mind. In your area if you see a similar home and it’s priced in the range you were thinking of selling, but it has been on the market for many weeks that tells you the market for that price range is not selling and has already been tested. So logically you’ll have to adjust the price to match the current market expectations.
To find current for sale homes similar to yours in the area use on-line real estate resources such as Realtor.com, Zillow.com or a local real estate agent. If your in the San Jose, Silicon Valley area feel free to use this on-line resource Realscout.
Any upcoming homes for sale in the area?
Another home coming on the market the same time you were thinking of putting your home for sale could lower your chances in getting the home sold quickly. If an area gets flooded with other homes for sale, then you’re dealing with competition from those homes and if they priced a lot more aggressively that can draw buyers away from your home.
A lot of agents now days like to put a coming soon sign a couple of weeks before a home officially goes on the market, so drive around your area to look for these signs and give the agent a call to find out when the home will go on market. Or if you know of a local agent or agents who does a fair amount of business in the area give them a call to find out if they have any homes coming on the market soon. Then if the time frames fall around the same time you were thinking of putting your home on the market you can now adjust your properties timeline to gain more exposure.
What are the current interest’s rates and are there any signs of the rates going up?
Today’s home buyers are a lot more rate sensitive because of the increase in home prices and the increase of talks that rate are going to rise. This in turn has caused some homebuyers to sit on the fence a lot longer or altogether change their mind in becoming homeowners. As a seller that could mean less demand for your home which affects how you price your home correctly.
To get an idea on the current interest rates and the possibility of the rates rising a good source is a mortgage lender or on-line mortgage resources.
By gathering the information of the 5 key things, I just mentioned It’s going to give you a good idea on the trend for the area and how you should price your home to sell.
If you are located in the in San Jose, Silicon Valley area and are needing help in pricing your home contact me. I’m here to help.
Have you heard that interest rates for home loans is rising? And because of that have you wondered as a home buyer how does that affect you when it comes to buying a home today?
My clients and friends that are looking for homes has had the same burning question. And so today I’ll be sharing with you how rising interest on home loans can affect your ability to buy a home.
Interest rates has been pretty steady since 2012 but now this year we are starting to see an uptick in the rates heading towards 5% and we haven’t seen rates in the 5% since 2010.
The Mortgage Bankers Association predicts it will rise to 4.8 percent by the end of 2018.
Freddie Mac expects it to average 4.6 percent for 2018 and jump to an average of 5.1 percent in 2019.
Realtor.com says the rate will average 4.6 percent and reach 5 percent by year-end.
So what’s up with rising interest rates and how does it affect home buyers?
As of Sept of last year rates went up from 3.81% to 4.63%. Now You may be thinking that doesn’t sound a lot and that’s the thought a lot of my clients had until I showed them what I’m about to share with you.
Since I’m in Silicon Valley the example I’m going to use is average sale price for the area.
3 bedroom Single family home here in San Jose is around $1,000,000.
As you view below you will notice how a 1/4 increase in the interest rates can have an affect on buyers buying power, by lowering their approved purchase price amount.
Let’s assume in this example:
Approved Purchase Price $1,000,000
Down Payment 20%
Loan Term 30yr fixed
Principal & Interest $4,053 a month
With a rate increase from 4.5% to 4.75% and keeping the down payment, P&I, and loan term the same the new approved purchase would be at $971,203 roughly a$28,000 less in buying power.
30 yr fixed
Loan 80% LTV
If you’re a buyer who has been waiting to buy and you don’t want to be priced out on purchasing a home in a neighborhood that you like. Now is the time to make a move and get serious before the window of opportunity passes you by.
If you are ready to buy and have any questions contact me: 408.422.300 or email [email protected]
Silver medal. Runner-up. Fall. These are all considered to be the second choice, but there are so many benefits to buying or selling a home in fall that we can’t help but push back on any thoughts that the season should be dismissed as subpar. After all, vanilla is the top-selling brand of ice cream, but does that make it better than other frozen treats? We think not! Consider these seven reasons to buy or sell this fall.
Reasons to Sell Your Home in the Fall
Spring may have higher demand, but it also comes with higher inventory. Your home listing in the fall means less “competition” for you and possibly a better offer. Make sure you have done a great job of addressing curb appeal, staging, and cleaning to help your home really shine.
Buyers who are shopping for a new home in the fall or even in the winter usually have a strong reason to do so. Their motivations could include a recent job transfer, a desire to have their kids in a new school prior to mid-year breaks (or, if it’s early enough in the season, before school starts), or wanting to celebrate the holidays in a new space.
With more families wanting and needing multi-generational living spaces (think of the sandwich generation with both teens and aging parents sharing a home), the search for a home could be a longer process, pushing the process beyond spring’s peak.
Reasons to Buy Your Home in the Fall
Often times, sellers will be encouraged to pull their home off the market for the winter holidays. This means inventory will drop and then surge again in the spring. Shopping for a home in the fall will allow you to see houses before the flood of showings after the holidays.
Sellers who keep their listings active in the fall usually have a motivating factor behind their decision, which can benefit you. While it isn’t fully a buyer’s market, because they likely have less showings, they may be more open to accepting your offer.
Buying a home in the fall has several time-sensitive benefits. Your first mortgage payment won’t likely hit until the new year, and you may celebrate the winter holidays in your new space.
In an analysis of over 30 million home sales spanning 15 years, RealtyTrac(r), found that home buyers who purchased in October paid nearly 3% less than in other months. You can also get into your new home right in time for the end-of-year sales on appliances and electronics – bonus!
If summer was for home repairs and vacations and you are now ready to buy or sell, give me a call for a market analysis and information to get moving this fall!
It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.
When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run, either by warning you away from a bad purchase or by providing a list of deficiencies you can use to negotiate with the sellers.
The inspector’s report will also list minor repairs that, if made, will help to maintain your home over the long term. Additionally, a good inspector can often predict the standard life expectancy of your roof, HVAC, and other big-ticket items so you can start planning for their eventual replacement.
However, many buyers make mistakes during the inspection process that cost them time and money and lead to unnecessary stress. Avoid these eight common buyer blunders to minimize your risk, protect your investment, and give yourself peace of mind and confidence in your new home purchase.
MISTAKE 1: Skip Your Own Inspection
Many buyers rely on their home inspector to point out issues with the property. However, by conducting your own visual assessment before you submit an offer, you can factor expected expenses into the offer price. Or, if you suspect major problems, you may choose to move on to a different property altogether.
Examine the walls and ceilings. Are there suspicious cracks, which could point to a foundation issue? Any discoloration? Yellow spots can indicate water damage, while black spots are typically mold. If there’s a basement, look for powdery white deposits along the walls and slab, which can result from water seepage.1
To assess the plumbing, start by turning on a bathroom sink or tub, then flushing the toilet. Check for a drop in water pressure or a gurgling sound coming from the pipes. You can also try running the water in sinks and tubs for several minutes to test for drainage issues. Peak underneath sinks to spot signs of leaks or drain pipes that go into the floor instead of the wall.1
Look for fogged or drafty windows, which may need replacing. Examine the roof for signs of cupped, curled, or cracked shingles. Check siding, decks, and other wooden structures for evidence of rot.
Overall, does the home appear to be well maintained? Unless it’s a highly-competitive seller’s market, consider the overall condition of the property BEFORE you submit an offer. Work with your real estate agent to factor in repairs and updates you know you’ll need to make when you determine your offer price.
MISTAKE 2: Hire the Cheapest Inspector
We all love to save money, but not all inspectors are created equal. Before you hire one, do a little research.2 You may even want to start shopping for an inspector before you complete your home search. Inspection periods are typically short, so it never hurts to be prepared.
You can start by asking around for recommendations. Check with friends and family members, as well as your real estate agent. Then contact at least two or three inspectors so you can compare not only price but also levels of experience and service.
Ask about their background, years of experience, and the number of inspections they have completed. Verify their certifications and credentials, and make sure they carry the proper insurance.
Find out what is (and what isn’t) covered in the inspection and if they utilize the latest technology. Ask to see a sample report so you can compare the style and level of detail provided. Finally, make sure you feel confident in the inspector’s abilities and comfortable asking him/her questions.
MISTAKE 3: Miss Attending the Inspection
Make every effort to be on-site during the inspection. Buyers who aren’t present during their inspection miss out on a great opportunity to gather valuable information about their new home.
If can attend the inspection, don’t spend all your time picking out paint colors or chatting with your new neighbors. Instead, use your time there to shadow the inspector. It’s the perfect chance to find out where everything is located, ask questions, and see first-hand what repairs and updates may be needed.3
Of course, if you do choose to tag along with your inspector, exercise good judgment. Don’t get in the way, become a distraction, or do anything to jeopardize your (or the inspector’s) safety.
If you can’t make it to the inspection, ask if you can schedule a time to meet in person or speak by phone to go over the report in detail. It will give you an opportunity to ask questions or request clarification about issues in the report you don’t fully understand.
MISTAKE 4: Skim Over the Report
Inspection reports can be long and tedious, and it can be tempting to skim over them. However, buyers who do this risk missing crucial information.
Instead, you should read over the report carefully, so you don’t miss anything significant. Now is the time to address any areas of concern. You have a limited window of time to request repairs or negotiate the selling price, so don’t squander it.
Your inspector may also flag some minor items that you wouldn’t typically expect a seller to fix. However, ignoring these small issues can sometimes lead to bigger problems down the road. Make sure you read everything in the report so you can take future action if needed.
MISTAKE 5: Avoid Asking Questions
Some buyers are too embarrassed to ask questions when there’s something in the inspection report they don’t understand. Afraid they might look foolish, they avoid asking questions and end up uninformed about important issues that could impact their home purchase.
The reality is, questions are expected. You hired your inspector for their professional expertise, so don’t be shy about tapping into it. For example, you might ask:
Would you get this issue fixed in your own home?
How urgent is it?
What could happen if I don’t fix it?
Is this a simple issue I could fix myself?
What type of professional should I call?
Can you estimate how much it would cost to make this repair?
How much longer would you expect this system/structure/appliance to last?
What maintenance steps would you recommend?
Don’t bother asking your inspector if you should buy the property, because he/she won’t be able to answer that question for you. Instead, use the information provided to make an informed decision. A skilled real estate agent can help you determine the best path.
MISTAKE 6: Expect a Perfect Report
Some buyers get scared off by a lengthy inspection report. But with around 1600 items on an inspector’s checklist, you shouldn’t be surprised if yours uncover a large number of deficiencies.4 The key is to understand which problems require simple fixes, and which ones will require extensive (and costly) repairs.
Your real estate agent can help you decide if and how to approach the sellers about making repairs or reducing the price. Whatever you do, try to focus on the major issues identified in the inspector’s report, and don’t expect the sellers to address every minor item on the list. They will be more receptive if they perceive your requests to be reasonable.
MISTAKE 7: Forgo Additional Testing
There are times when an agent or inspector will recommend bringing in a specialist to evaluate a potential issue.5 For example, they may suggest testing for mold or consulting with a roofing expert.
Some buyers get spooked by the possibility of a “red flag” and decide to jump ship. Or, in their haste to close or desire to save money, they choose to ignore the recommendation for additional testing altogether.
Don’t make these potentially costly mistakes. In some cases, the specialist will offer a free evaluation that takes minimal time to schedule. And if not, the small investment you make could provide you with peace of mind or save you a fortune in future repairs.
MISTAKE 8: Skip Re-inspection of Repairs
Most buyers request receipts to prove that repairs have been correctly completed. However, it’s always prudent to go a step further and have negotiated repairs re-evaluated by your inspector or another qualified professional, even if there’s an additional charge.6
While the majority of sellers are forthcoming, some will try to save money by cutting corners, hiring unlicensed technicians, or doing the work themselves. A re-inspection will help ensure the repairs are completed properly now, so you aren’t paying to redo them later.
To avoid having to go back to the sellers, be specific when requesting repairs. Identify the problem, how repairs should be completed, who should complete the work, and how the repairs will be verified.7
Some buyers prefer to avoid this step altogether by completing the work themselves. They either request that the seller fund the repairs or reduce the selling price accordingly. Whichever path you choose, protect yourself and your investment by ensuring the work is done properly.
WE CAN HELP
A home inspection can reduce your risk and save you money over the long-term. But to maximize its effectiveness, it must be done properly. Avoid these eight common home inspection mistakes to safeguard your investment.
While these are some of the most common missteps, there are countless others that can trip up home buyers, cost them time and money, and cause undue stress. Fortunately, we have the skills and experience to help you avoid the potential pitfalls.
If you’re in the market to buy a home, we can help you navigate the inspection and all the other steps in the buying process … typically at no cost to you! Tap into our expertise to make the right decisions for your real estate purchase. Contact us today to schedule a free consultation!
Have you ever felt the need for more space in your home because you have multiple family members living with you or extended family members wanting to stay with you? Or you own a single family home as an investment and want to maximize the cash flow from the home. An ADU (Accessory Dwelling Unit) is a great option to provide those benefits.
What is an ADU?
An Accessory Dwelling Units (ADU’s) is a secondary small dwelling located on the same property as a single family home. They are common known as in-law units or granny flats.
They could be
Detached from the main home.
Above a garage.
In a basement or attic.
Because of the housing shortage and high rents throughout the state of California the state made changes to the law allowing more homeowners the opportunity to build an ADU. This can help to address the need for more affordable housing.
What are the benefits of an ADU to you?
A lot more affordable to build.
The flexibility to have extra living space for family members or out of town guests.
Allow senior parents to age in place, while they are near and maintain privacy.
It can be an additional source of income.
It can help to increase your property value.
Maximize your investment property and increase your cash flow.
Downsize – Live in the ADU unit while renting out the primary home.
Could be a great investment since the build costs to rental ratio is better.
Can help to ease the housing challenges in the area.
If you are located in the city of San Jose here is a quick guide for you.
ADUs allowed in R-1, R-2, and PD (subject to R-1 standards) zoning districts, which are comprised of single-family residences.
Additionally allow ADUs in R-M zoning districts, and in any Planned Development (PD) district where ADUs are not expressly prohibited. Development standards of the Municipal Code and of planned developments zones apply in call cases.
Minimum Lot Size
Minimum Setbacks from Rear and Side Property Lines
0 feet – Conversions 5 feet – New construction
0 feet – 1-story conversions 5 feet – New construction or for ADUs constructed above a garage or accessory structure.
Single story – 18 feet maximum No 2nd-story unit allowed
Single story – 18 feet maximum
2nd-story allowed – 22 feet maximum* *Either an ADU atop a garage or accessory structure or a two-story ADU.
Rear Yard Coverage
Not including pools, not more than 40% of the rear yard may be covered.
Detached ADU Location
Rear yard only, at least 6 feet away from primary dwelling, attached only to a detached garage.
Rear yard only, at least 6 feet away from primary dwelling, attached to a detached garage or other existing accessory structure.
Lot Size (sf)
ADU Maximum Size (sf)
3,000 – 5,444
5,445 – 9,000
9,001 – 10,000
10,001 – Up
Lot Size (sf)
ADU Maximum Size (sf)
3,000 – 5,444
5,445 – 9,000
9,001 – 10,000
10,001 – Up
Number of Bedrooms
Studio or 1 bedroom
Under 800 sf: Studio or 1 bedroom allowed 800 sf and up: 2 bedrooms maximum allowed
Attached ADUMaximum Floor Area
May not exceed 50% of the existing primary dwelling living area
May not exceed 50% of the existing or proposed primary dwelling living area
Match appearance, and match roof form and pitch
Require visual compatibility with existing primary dwelling.
Parking configurations in conformance with State law
An ADU requires 1 space unless the property qualifies for an exemption under State law—see the Parking section of this webpage. If a garage has been converted, the main dwelling parking space must be replaced, as uncovered or in front or side setback areas. Parking spaces may be configured on-site per state law.
Reduction in required off-street parking spaces
No more than one dwelling occupies the lot. (Section 20.90.220)
No more than one dwelling, in conjunction with an ADU, occupies the lot.
Removed from consideration; not part of the approved ordinance.
Front yard paving
No more than 50% of the front setback may be paved with any impervious surface. (Section 20.30.440)
No more than 50% of the front setback may be paved with any impervious or pervious surface.
ADU requirements for lots in Historic Resources Inventory
Requires Single-Family House Permit
Waive requirement for a Single-Family House Permit for detached ADU or for conversion of existing accessory structure with no exterior alterations.
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