A Fantastic Experience With Bank of America in A Mountain View Sale

Last week I wrote a blog about how a lender can derail a home sale. Today I want to write about how a lender made a Mountain View home sale happen. The lender is Lisa Austin with Bank of America. As a Mountain View real estate agent I could not be more impressed.

I have been working with a great couple who were looking for a home in Mountain View Ca. I know, who isn't looking for a home in Mountain View if you work in the Silicon Valley. The market here is intensely competitive, and it is not uncommon to make 10-15 offers on Mountain View homes before being successful. Getting out bid is the norm, especially if you are getting a loan.

My clients were outbid twice on homes in Rex Manor. 3 weeks ago they made an offer on a home in North Whisman. Lisa Austin from Bank of America called the listing agents and talked to them about how qualified my clients were and how she could absolutely close the escrow in 25 days. It would have been 24 but we had a day off for Labor Day.

The listing agents were so impressed with Lisa's professionalism and knowledge they said it was one of the big factors in our offer being accepted over 5 other offers.

The appraisal was smooth and even came in at value even though there were no comps in the immediate neighborhood. The appraiser used comps from Rex Manor and had no problem with the value of this Mountain View home which is not always the case in today's appreciating market.

Loan docs for this Mountain View home came in on time as did funding the loan. The loan funded on Friday, for a Monday close. Most banks would charge the buyer for interest on the loan over the week-end, but not Bank of America. My Mountain View buyers do not start paying until they close on Monday.

All in all the process could not have been smoother, and I have some very happy clients.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

If you would like to contact Lisa Austin at Bank of America her contact info is:

Lisa Austin

Mortgage Loan Specialist

NMLS ID 483486

Retail Mortgage Sales
Bank of America Home Loans
1010 El Camino Real Ste 360

Menlo Park, CA 94025

Phone: (650) 798-5921

Fax: (866) 518-9204

lisa.m.austin@bankofamerica.com

If you want to look for homes for sale in Mountain View click here.

Marcy Moyer

Keller Williams Realty Palo Alto

www.marcymoyer.com

marcy@marcymoyer.com

Cal BRE 01191194

650-619-9285

How Much to Offer For A Condo in Mountain View Ca With Multiple Offers

Anyone trying to buy a condo in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View Condos sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View condo in a multiple offer situation,

1. In my opinion the most important thing is, how much is this home worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the house is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Mountain View real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Mountain View listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer?  Your agent should be able to give you insight into what other Mountain View real estate agents like to do.

In the end, the final offer price and terms will be your decision, but if you have a great Mountain View real estate agent he or she can help guide you through the murky waters of Mountain View multiple offers.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

If you would like to search for homes for sale in Mountain click here.

Marcy Moyer

Keller Williams Realty Palo Alto 

www.marcymoyer.com

marcy@marcymoyer.com

Ca B.R.E. 01191194

650-619-9285

How Much Over List Price Are Mountain View Homes Selling for in 2014

Anyone trying to buy a home in Mountain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View home in a multiple offer situation,

1. In my opinion the most important thing is, how much is this home worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the house is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Mountain View real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Mountain View listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer?  Your agent should be able to give you insight into what other Mountain View real estate agents like to do.

 

In the end, the final offer price and terms will be your decision, but if you have a great Mountain View real estate agent he or she can help guide you through the murky waters of Mountain View multiple offers.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

If you would like to search for homes for sale in Mountain click here.

 

Marcy Moyer

Keller Williams Realty Palo Alto 

www.marcymoyer.com

marcy@marcymoyer.com

Ca B.R.E. 01191194

650-619-9285

How Much Should I Offer For that Mountain View Condo?

Anyone trying to buy a condo in Moutain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View condos sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View condo multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View condo in a multiple offer situation.

1. In my opinion the most important thing is, how much is this condo worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the condo is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Mountain View real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth. In Feb the average was 10.5% over list price, but some went more and osme less.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Mountain View listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer?  Your agent should be able to give you insight into what other Mountain View real estate agents like to do.

In the end, the final offer price and terms will be your decision, but if you have a great Mountain View real estate agent he or she can help guide you through the murky waters of Mountain View condo multiple offers.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

If you would like to search for Mountain View condos for sale click here.

Marcy Moyer

Keller Williams Realty 

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285v

Mountain View Ca: How Much Over List Price Are Homes Selling?

Anyone trying to buy a home in Moutain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View home multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View home in a multiple offer situation.

1. In my opinion the most important thing is, how much is this condo worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the condo is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Mountain View real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth. the good news is the amount over asking seems to have peaked is is now down a little from the 12% over average in March.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Mountain View listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer?  Your agent should be able to give you insight into what other Mountain View real estate agents like to do.

In the end, the final offer price and terms will be your decision, but if you have a great Mountain View real estate agent he or she can help guide you through the murky waters of Mountain View home multiple offers.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty 

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

How Much Should I Offer on The Mountain View Home with Multiple Offers

Anyone trying to buy a home in Moutain View right now knows that it is tough out there. There are many more buyers than sellers and many Mountain View homes sell with multiple offers way over list price. Some homes go as much as 30% over asking, but some do not. How does a buyer make the decision about how much to offer to have the winning bid in a Mountain View home multiple offer situation and not overpay?

The answer is not simple, and sometimes it is not a question of price, but terms, like contingencies, length of escrow, length of rent back, etc.

But for right now, let's just discuss price. Here are some things to keep in mind when you make an offer on a Mountain View 

home in a multiple offer situation.

1. In my opinion the most important thing is, how much is this condo worth to you? In other words, what price would you offer so that if it sold for $1000 more you would not be sorry because you do not want to pay that much. It may be that you would pay more than your offer if you could, but you can't so you are just doing your best. But if that is not the case you need to decide how much the house is worth to you so that if you do not get it you will not have regrets.

2. How is the asking price of this home compared to market value? If the condo is listed low it will get multiple offers and sell for much more. If it is listed at or above market value it will not. This is not rocket science. Figuring out market value can be a little tricky since there are many variables, and the market is a moving target, but a good Mountain View real estate agent should be able to help you analyze comps. Once you know the market value you will have to offer more in an appreciating market like we are in now. Sorry, but that is the truth. the good news is the amount over asking seems to have peaked is is now down a little from the 12% over average in March.

3. What is the style of the listing agent? Does he or she like to list homes very low to get as many multiple offers as possible on their Mountain View listings? Does the agent over value a home to try to get more money for their client, or just try to win out on a competitive listing? Does the agent like to work with multiple counter offers, or accept the the first best offer?  Your agent should be able to give you insight into what other Mountain View real estate agents like to do.

In the end, the final offer price and terms will be your decision, but if you have a great Mountain View real estate agent he or she can help guide you through the murky waters of Mountain View home multiple offers.

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty 

www.marcymoyer.com

marcy@marcymoyer.com

D.R.E. 01191194

650-619-9285

Mountain View Ca Real Estate Market Update 4/13/2013

There are currently 12 single family Mountain View homes for sale, down from 14 last week.

There are currently 15 Mountain View town homes/condos for sale, down from 17 last week.

There are currently 23 pending sales of Mountain View single family homes,  up from 21 last week.

There are currently 26 pending sales of Mountain View Town homes/Condos, down from from 29 last week.

In March, 2013 there were 18 single family Mountain View homes sold ranging in price from $675,000 to $1,195,000, about the same range as Feb.

In March, 2013  there were 29 Mountain View Town Homes/Condos sold ranging in price from $275,000 to $1,250,000.

These numbers are still low and worse than last week. I still expect a bigger increase in inventory, but possibly not til late spring or early summer til we see a significant difference. Palo Alto and Santa Clara both saw more sales in March than Feb., but not Mountain View. This is not a great sign, but I am still hopeful. 

If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer

Keller Williams Realty

www.marcymoyer.com

marcy@marcymoyer.com

Mountain View Ca Real Estate Market Update 4/7/2013

There are currently 14 single family Mountain View homes for sale, up from 13 last week.
There are currently 17 Mountain View town homes/condos for sale, up from 8 last week.
There are currently 21 pending sales of Mountain View single family homes, down from 22 last week.
There are currently 29 pending sales of Mountain View Town homes/Condos, down from from 31 last week.
In March, 2013 there were 18 single family Mountain View homes sold ranging in price from $675,000 to $1,195,000, about the same range as Feb.
In March, 2013 there were 29 Mountain View Town Homes/Condos sold ranging in price from $275,000 to $1,250,000.

These numbers are still low, but condo listings are over twice last week when it was Easter/Passover. I still expect a bigger increase in inventory, but possibly not til late spring or early summer till we see a significant difference. Palo Alto and Santa Clara both saw more sales in March than Feb., but not Mountain View. This is not a great sign, but I am still hopeful.
If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com

Mountain View Ca Real Estate Market Update 4/1/2013

There are currently 13 single family Mountain View homes for sale, down from 17 last week.
There are currently 8 Mountain View town homes/condos for sale, up from 5 last week.
There are currently 22 pending sales of Mountain View single family homes, down from 26 last week.
There are currently 32 pending sales of Mountain View Town homes/Condos, down from from 35 last week.
In March, 2013 there were 18 single family Mountain View homes sold ranging in price from $675,000 to $1,195,000, about the same range as Feb.
In March, 2013 there were 29 Mountain View Town Homes/Condos sold ranging in price from $275,000 to $1,250,000.

These numbers are still low, but it was Easter/Passover so that is to be expected. I still expect an increase in inventory, but possibly not til late spring or early summer till we see a significant difference. Palo Alto and Santa Clara both saw more sales in March than Feb., but not Mountain View. this is not a great sign, but I am still hopeful.

If you would like to search for homes for sale please feel free to visit my website for a custom search.
http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.
Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com

Mountain View Ca Real Estate Market Report 3/24/2013

There are currently 17 single family Mountain View homes for sale, up from 13 last week.
There are currently 5 Mountain View town homes/condos for sale, down from 8 last week.
There are currently 26 pending sales of Mountain View single family homes, the same as last week.
There are currently 35 pending sales of Mountain View Town homes/Condos, up from 34 last week.
As of Feb 24, 2013 there were 23 single family Mountain View homes sold ranging in price from $685,000 to $2,165,000.
As of Feb 24, 2013 of 2013 there were 32 Mountain View Town Homes/Condos sold ranging in price from $250,000 to $1,075,000.

These numbers are still low, with more single family homes and fewer condos for sale than last week. I still expect an increase in inventory, but possibly not til late spring or early summer til we see a significant difference.
If you would like to search for homes for sale please feel free to visit my website for a custom search.

http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285

Mountain View Ca Real Estate Market Update 3/18/2013

As a Mountain View Real Estate Agent I am always being asked, "How's the market in Mountain View?" The answer is simple:

Not enough inventory, plenty of buyers.

There are currently 13 single family Mountain View homes for sale, down from 14 last week.
There are currently 10 Mountain View town homes/condos for sale, down from 14 last week.
There are currently 26 pending sales of Mountain View single family homes, up from 23 last week.
There are currently 34 pending sales of Mountain View Town homes/Condos, up from 31 last week.

As of Feb 24, 2013 there were 23 single family Mountain View homes sold ranging in price from $685,000 to $2,165,000.

As of Feb 24, 2013 of 2013 there were 33 Mountain View Town Homes/Condos sold ranging in price from $250,000 to $1,075,000.

These numbers are still low, and a little worse than last week. I still expect an increase in inventory, but possibly not till late spring or early summer till we see a significant difference.

If you would like to search for homes for sale please feel free to visit my website for a custom search.
http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285

Mountain View Ca Real Estate Market Update 3/10/2013

As a Mountain View Real Estate Agent I am always being asked, "How's the market in Mountain View?" The answer is simple:
Not enough inventory, plenty of buyers.

There are currently 14 single family Mountain View homes for sale, down from 16 last week.
There are currently 14 Mountain View town homes/condos for sale, down from 15 last week.
There are currently 23 pending sales of Mountain View single family homes, up from 18 last week.
There are currently 31 pending sales of Mountain View Town homes/Condos, down from 29 last week.
As of Feb 24, 2013 there were 23 single family Mountain View homes sold ranging in price from $685,000 to $2,165,000.
As of Feb 24, 2013 of 2013 there were 33 Mountain View Town Homes/Condos sold ranging in price from $250,000 to $1,075,000.

These numbers are still low, and a little worse than last week. I still expect an increase in inventory, but possibly not till late spring or early summer till we see a significant difference.

If you would like to search for homes for sale please feel free to visit my website for a custom search.
http://marcymoyer.com/OnlineSearchRequest2?operation=choose_mls&timestamp=1359953266454

If you have any questions about buying or selling a home in Mountain View please feel free to contact me.

Marcy Moyer
Keller Williams Realty
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285

A Striking Townhome for Rent in Whisman Station, Mountain View CA

148 Holly Court, Mountain View, CA

EXPERIENCE THE LIGHT.

FOR RENT: 2200 

Welcome to this striking townhome in the popular Whisman Station Development. 

You will delight in the modern amenities, convenient location, and wonderful life style options available to you if you live here.

Some of the lovely features include a fenced yard, central heat and air, new carpet and paint, attached 2 car garage, kitchen with granite counters, a center island, and gas stove, family room/kitchen, high ceilings, and, and rich cherry laminate floors.

Add to that wonderful Mountain View Schools and a great community with pools, parks, and easy access to light rail, freeways, and major emplyment centers. Don't miss this wonderful home buying opportunity!

Marcy Moyer
Keller Williams
650-619-9285
marcy@marcymoyer.com
https://twitter.com/marcyagent
DRE # 01191194

Mountain View Open House Sat! A Striking Townhome in Whisman Station!

148 Holly Court, Mountain View, CA

EXPERIENCE THE LIGHT.

$585,000

DON'T MISS THE OPEN HOUSE THIS WEEKEND, August 28th.

 Saturday from 1-5PM.

Welcome to this striking townhome in the popular Whisman Station Development. 

You will delight in the modern amenities, convenient location, and wonderful life style options available to you if you live here.

Some of the lovely features include a fenced yard, central heat and air, new carpet and paint, attached 2 car garage, kitchen with granite counters, a center island, and gas stove, family room/kitchen, high ceilings, and, and rich cherry laminate floors.

Add to that wonderful Mountain View Schools and a great community with pools, parks, and easy access to light rail, freeways, and major emplyment centers. Don't miss this wonderful home buying opportunity!

Marcy Moyer
Keller Williams
650-619-9285
marcy@marcymoyer.com
https://twitter.com/marcyagent
DRE # 01191194