Current Interest Rates – As of July 18, 2014

Current Interest Rates as of July 18th, 2014 – Compliments of Greg Vanslow, Princeton Capital. … [Read more...]

Prop 60 & 90 Explained

If you are over the age of 55, you may be eligible for property tax relief under California prop 60 & 90, which allow age-eligible homeowners to transfer their property tax base when they sell their principle residence and purchase or construct a new home of equal or lesser value.  The idea behind these propositions is to incentive homeowners who are over 55 and live in a participating county, to downsize or move to a home of equal or lesser … [Read more...]

Thermostat Recall 2014

I came across this the other day and wanted to share it. One of the largest thermostat providers, White-Rodgers, was involved in a massive recall of their thermostats due to fire hazard issues.  Read the article below about which models are affected. White-Rodgers, a major thermostat provider, has recalled over 1 million thermostats in the United States and Canada due to a fire hazard caused by alkaline batteries leaking onto the thermostat’s … [Read more...]

Current Interest Rates – As of May 16, 2014

Current Interest Rates as of May 16th, 2014 - Compliments of Greg Vanslow, Princeton Capital. … [Read more...]

Los Altos Farmers Market is Back Starting May 1st!

The Downtown Los Altos Farmers Market opens at 2nd & State Street on Thursday, May 1st from 4pm - 8pm. Enjoy the first of the season cherries, sweet strawberries from Watsonville, fresh asparagus from the Delta, bakery items, fresh cut flowers, free range eggs, cheeses, BBQ and unique dinner choices and more from over 30 local farmers! From more information check out the Los Altos Farmers Market website or facebook … [Read more...]

Renting vs. Buying

Owning a home has long been a big part of the American Dream, why rent when you can buy?  After all, if you're renting you're basically throwing your money down the drain, right?  Well, we know that is not always the case but the desire to own a home is understandably still a common sentiment and goal.  While renting is great in certain situations such as you are unsure of where you want to settle down, there are still significant financial … [Read more...]

Gifted Down Payment Money: Yay or Nay?

Home buyers trying to scrape together enough money to cover the typical 20% down payment on a house frequently look to their parents and relatives for help. This is especially true with first time home buyers who, understandably, might not have had time to save all the cash necessary to put that 20% down, particularly in the Silicon Valley. When I bought my first home some thirty years ago, I borrowed money  for the down payment from my dad … [Read more...]

Anatomy of a Written Offer

Once a buyer has found a home they want to buy, it's time to make a written offer. The buyer's  agent will take care of most of the work here and advise the buyers on certain terms, limits and approaches for the offer.  According to Freddie Mac, there are a number of factors that go into a written offer that the home buyer should be aware of before they start the process of actually writing an offer. PURCHASE PRICE The purchase price is the … [Read more...]

Renovations with the Best Resale Value

When it comes to remodeling, many homeowners want to make sure they'll get a return on their investment if and when they decide to sell their home. Not all renovations are created equally. Some pay off immediately while others may do absolutely nothing to increase the value of your home. So which renovations are you likely to see an actual return on your investment? Bathrooms? Kitchens? Adding storage? Here’s an infographic from … [Read more...]

Common Home Pricing Mistakes

The home pricing dilemma is one most home sellers have battled at one point or another. As a seller, you want to get the most money for your home but at the same time you have to be realistic. And that can be tricky sometimes. The CAR (California Association of Realtors) recently put together a great infographic on the 4 most common home pricing mistakes sellers make when listing their home. It's not surprising that the number 1 mistake is … [Read more...]