Thursday, February 23, 2012

Union City Town Home Approved Short Sale

Marcy Moyer | Keller Williams Realty | marcy@marcymoyer.com | (650) 619-9285
1076 Sapphire Ter, Union City, CA
Short Sale With List Price Approved By Lender, Bank of America. Gorgeous, young, great location!!!!
3BR/2+1BA Townhouse
offered at $385,000
Year Built2007
Sq Footage1,675
Bedrooms3
Bathrooms2 full, 1 partial
FloorsUnspecified
Parking2 Car garage
Lot SizeUnspecified
HOA/Maint$175 per month
see additional photos below
PROPERTY FEATURES
- Central A/C- Central heat- High/Vaulted ceiling
- Walk-in closet- Tile floor- Family room
- Living room- Dining room- Dishwasher
- Stove/Oven- Granite countertop- Stainless steel appliances
- Laundry area - inside- Balcony, Deck, or Patio

COMMUNITY FEATURES
- Garage parking- Swimming pool(s)- Playground

OTHER SPECIAL FEATURES
- Central Air
- Kitchen Island
- Gorgeous cabinets
- Double sinks in master
ADDITIONAL PHOTOS

Front

Side

Walkway

Living room

Family room

Kitchen

Island

Powder room

Master bedroom

Master bath

Bedroom 2

Bedroom 3

Hall bath

Balcony

Lawn

Playground
Contact info:
Marcy Moyer
Keller Williams Realty
marcy@marcymoyer.com
(650) 619-9285
For sale by agent/broker
Equal Opportunity Housing
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Posted: Feb 23, 2012, 3:12pm PST
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales

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Saturday, February 11, 2012

Blossom Valley Distressed Property Watch 2011

It's the beginning of the year so time for the round-up of last year's distressed property sales in the Blossom Valley Neighborhood of San Jose. So here's what happened:

Single family and condo townhomes :
Total sales:  1141
Short Sales: 412
REO:            271
Distressed sales as a percentage of total sales: 59.8%
Compare to 2010
Total sales:   1125
Short Sales:   366
REO:            271
Distressed sales as a percentage of total sales:  56.6%

My conclusion:
The percentage of distressed properties in Blossom Valley is a little higher in 2011 over 2010. A   59% distressed property sale percentage is enough to affect values significantly.  This may be one of the reasons home prices in San Jose are predicted to fall a little in 2012 while other parts of the Silicon Valley are appreciating.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E.  01191194
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales

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Almaden Distressed Property Watch 2011

It's the beginning of the year so time for the round-up of last year's distressed property sales in the Almaden Neighborhood of San Jose. So here's what happened:

Single family and condo townhomes :
Total sales:  355
Short Sales: 39
REO:            20
Distressed sales as a percentage of total sales: 16.6%
Compare to 2010
Total sales:   384
Short Sales:   28
REO:            14
Distressed sales as a percentage of total sales:  10.9%

My conclusion:
The percentage of distressed properties in Almaden is higher in 2011 over 2010. While a 16.6% distressed property sale percentage is probably not enough to affect values, i think the increase may be indicative of a nationwide trend of higher priced homes being the fastest growing distressed segment. Many of these higher priced homes were purchased with no down payment and interest only loans. When the interest only loan period is up the payments can double. With no equity refinancing is not possible, and some of these home owners are in trouble.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E.  01191194
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales
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Sunday, February 5, 2012

Cambrian Distressed Property Watch 2011

It's the beginning of the year so time for the round-up of last year's distressed property sales in the Cambrian Neighborhood of San Jose. So here's what happened:

Single family and condo townhomes :
Total sales:  656
Short Sales: 130
REO:            89
Distressed sales as a percentage of total sales: 33.45
Compare to 2010
Total sales:   750
Short Sales:   114
REO:            104
Distressed sales as a percentage of total sales:  29%

My conclusion:
The percentage of distressed properties in Cambrian is higher in 2011 over 2010. Also a 34% distressed property sale percentage is absolutely probably not enough to affect values. What is interesting is the the number of short sales in 2011 went up as the number of REOs went down from 2010 as banks have been more wiiling to approve short sales. This is being seen all over the bay area.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E.  01191194
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales
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Saturday, February 4, 2012

Los Gatos Distressed Property Watch 2011

It's the beginning of the year so time for the round-up of last year's distressed property sales in Los Gatos. So here's what happened:

Single family and condo townhomes :
Total sales:  421
Short Sales: 42
REO:            24
Distressed sales as a percentage of total sales: 15.7%
Compare to 2010
Total sales:   489
Short Sales:   36
REO:            38
Distressed sales as a percentage of total sales:  15.1%

My conclusion:
The percentage of distressed properties in Los Gatos is virtually the same  between 2011 and 2010. Also a 15% distressed property sale percentage is absolutely probably not enough to affect values. What is interesting is the the number of short sales in 2011 went up as the number of REOs went down from 2010 as banks have been more wiiling to approve short sales.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
650-619-9285
D.R.E.  01191194
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales
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Milpitas Distressed Property Watch 2011

It's the beginning of the year so time for the round-up of last year's distressed property sales in Milpitas. So here's what happened:

Single family and condo townhomes :
Total sales:  513
Short Sales: 150
REO:            112
Distressed sales as a percentage of total sales: 51.1%
Compare to 2010
Total sales:   535
Short Sales:   131
REO:            140
Distressed sales as a percentage of total sales:  50.1%

My conclusion:
The percentage of distressed properties in Milpitas is virtually the same  between 2011 and 2010. Also a 50% distressed property sale percentage is absolutely large enough to affect values. What is interesting is the the number of short sales in 2011 went up as the number of REOs went down from 2010 as banks have been more wiiling to approve short sales.
If you have any questions about short sales or bank owned homes please feel free to contact me.
Marcy Moyer
marcy@marcymoyer.com
650-619-9285
D.R.E.  01191194
Marcy Moyer Keller Williams Realty Palo Alto, Ca. Specialist in Short Sales and Trust and Probate Sales
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