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October 2009 - Posts

• Multiple Offers Are Back

  On September 17, Federal Reserve Chairman Ben Bernanke said that the worst recession since the 1930s "is very likely over" -- and he was backed up by reports showing unexpected increases in retail sales and producer prices. For poeple live and Read More... Posted Wednesday, October 14, 2009 3:56 PM by Sophie Shen | 0 Comments Filed under: santa clara housing, transaction detail, west san jose, cupertino high, lynbrook high, Multiple offer

• October Mortgage Market Highlight

  If your loan amount is no more than 417,000 and you have a high chance of moving or selling your current house in five years, then you can get a very good rate for 5/1 ARM program. The first five years the rates will be fixed and it starts to float since Read More... Posted Wednesday, October 14, 2009 3:53 PM by Sophie Shen | 0 Comments Filed under: no point, santa clara mortgage info, mortgage rate, 5/1 ARM, 15 year fixed, no fee

• Assessed Value, Appraisal Value & Market Price

  Whether you are buying a house or selling a house, be aware that assessed value, appraisal value and market prices are not the same thing. Assessed value is used to determine your property tax. It could be lower or higher than the house appraisal value. Read More... Posted Wednesday, October 14, 2009 3:50 PM by Sophie Shen | 0 Comments Filed under: assessed value, appraisal value, santa clara housing, market price