Realtor Dale Warfel

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Thursday, September 04, 2008

Real estate sales

I have been working on several Short Sale listings over the past few months (a Short Sale is where Seller owes more than the market value of the property, with the bank accepting less than payment in full at close of escrow). Successful negotiation of a short sale requires complete documentation from the seller, including a documented hardship. If the short sale 'package' being submitted to the lender(s) is incomplete, the lenders may never respond to the short sale. It also requires ongoing communications with the banks. I continue to be encouraged at how much many lenders are willing to reduce the loan balances in a short sale in order to avoid a foreclosure. If you know someone who is having financial challenges and may be thinking about just letting the bank foreclose on the property, I would highly recommend that you have them contact me. Better yet, please forward me their contact information. A far better solution may be available to them.

If you are needing a referral for a qualified service provider, chances are that I have someone in my database that can help. From a financial planner to a house painter, from an interior decorator to a chiropractor, I have an excellent list of resources. Email me at
Dale@DaleWarfel.com and let me know what you need. Are you looking for a private, secure place to search for real estate? Would you like to know what's happening in your neighborhood? My MLS Advisor Service provides up to date information on listing activity in your area or in any Bay Area region you choose. Search for active listings, properties in escrow, price reductions, and much more.

Stunning Saratoga Home with Swimming Pool on 10,000+ Sq. Ft. Lot
12874 Lantana Avenue, Saratoga
4 Bedrooms/3 Bathrooms/Approx. 2078 Sq. Ft.

If you have been
dreaming of a gorgeous Saratoga home, this one could be for you. Sitting on a huge 10,000+ sq. ft lot, this lovely 4 bedroom, 3 Bath home has the character and charm you would expect in Saratoga. Situated on a quiet street, this beautiful home features an updated kitchen and master bath, gleaming hardwood floors, and spacious living and family rooms. In the mornings, open the French doors from your kitchen onto the large, rustic brick patio, where you can enjoy a hot cup of coffee and the fresh morning air while reading the morning paper or a good book. After work, take a load off by taking a dip in the large swimming pool. If you work from home (or have extra guests), you can utilize the extra living space in the back of the oversized detached garage featuring an additional two rooms and another full bath (these two rooms and bath are not included in the square footage of the home). See the pictures below for a glimpse of this beautiful home. More information and photos are coming soon.

South San Jose Townhome
2643 Senter Creek Court, San Jose
2 Bedrooms/2 Bathrooms/Approx. 1146 Sq. Ft.

Are you or someone you know
looking for an affordable first home with a lot of features? If so, this cute, updated 2 bed/2 bath townhome could be the perfect solution! The major kitchen appliances and water heater are all less than 2 years old. This home features a living room/ dining room combo with a nice wood burning fireplace. Enjoy the cool evening air outside on your private patio off the dining area. The two large bedrooms feature vaulted ceilings. An attached garage and inside laundry are features typically offered with homes costing much more. The tree-lined community features a gated swimming pool and offers low HOA dues ($220/month)
The asking price for this home is only $365,000.

Tri-Plex Near Downtown San Jose, 125 Duane Street, San Jose
- 1 ea - 3 Bed/1 Bath unit - 2 ea - 2 Bed/1 Bath units Approx. 2,368 Sq. Ft.

Thinking of owning some
investment property in a great location? Located just minutes from downtown San Jose, this affordable 3-unit property is fully rented and ready for a new owner. This property features a separate 3 bed/1 bath 'owners' unit and a separate duplex building in the back with two 2 bed/1 bath units. These units have been updated with dual pane windows and newer central heating and air conditioning systems. Each unit has laundry hookups. This property needs some TLC, but with some sweat equity and some help from the trades, this property could be in tip top condition. Excellent cash flow - Over $3,800/month rent!! Great location near downtown San Jose, SJSU, Hwy 280, 101, 87, light rail, and more!
The price of this property has been reduced to $558,150.

Willow Glen Single Family Home, 2622 Meridian Ave., San Jose
3 Bedrooms/2 Bathrooms/Approx. 1,296 Sq. Ft.

This
wonderful home features remodeled baths with new fixtures, tile floors and custom tile surrounds in the tub and shower enclosures. Gleaming hardwood floors adorn the living room and hallway. Dual pane windows and a newer central heating system. The kitchen could use some updating, but offers plenty of counter space and storage, especially with the pantry. This home is priced to sell. Did I mention copper plumbing?? The price of this home has been reduced to $439,000. So if you are looking for homes for sale in the communities surrounding the Silicon Valley call him at 408 624 6202 to make an appointment.

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