Tuesday, July 1, 2008

Newly Listed Evergreen Valley Country Club Home


Don't Miss this gorgeous Silver Creek Valley Country Club home! This home has all the bells and whistles you may need that sits on a privitly gated community. 3 bedrooms 2.5 bathrooms, plus an office that can always be turned into another room. This home has a gourmet kitchen with granite counter tops, beautifully redone patio and landscaping with water features, surround sound throughout first level, built in niche in family room, alarm system, 2 car garage and so much more. You can't beat a deal like this for $1,100,000 especially in this area on the actual Country Club. Please contact me if you have further questions or would like a tour of this home, and if this home just isn't for you lets talk and see what we can do mario@interorealestate.com.

Bank/Reo Single Family Homes Under $500k

We are now tracking three newly listed bank owned single family homes for under $500k. Great value home in a wonderful neighborhood in San Jose. This well maintained 3 bedroom 2 bathroom bank owned property sits on a large landscaped lot in a very quite neighborhood. Their have been a few upgrades including new paint and flooring. The home is listed for $469,900 and perfect for a first time buyer or an investor.
This second home above is in Sunnyvale and has been listed for a very low price $465,900 for such a well kept home. Its a 3 bedroom 1 bathroom home that has a very spacious floor plan, hardwood flooring though out, tile kitchen, large backyard with additional storage, and their is always room for expansion. This home is great for a first time buyer or an investor.

Nicely remodeled 3 bed 2 bathroom bank owned home listed for $499,900 in San Jose. Beautiful custom entry, wood floors, double paned windows, custom paint, tiled master bath, built in BBQ, covered patio, and easy care landscaping surrounded by a nice neighborhood.

Absolute NNN California Bank Deal


Central Redding, California, absolute NNN single tenant bank property for sale at a 5.78% cap rate. The bank just ended their initial 10 year term and have exercised their first 5 year option. Umpqua Bank has 147 locations in the Northwest - headquartered in Portland, Oregon. This branch is one of their high performers with over $52,000,000 in deposits. NASDAQ symbol is UMPQ. This is a solid 1031 exchange property. Get rid of your apartments and into something with great stability and security. Offered at $3,000,000.


How To Raise Rents Under Rent Control Free Workshop

Know Your Rights & Maximize Your Investment
How to Raise Rents Under Rent Control
in San Jose and remain legally compliant
When:
Thursday, July 10,2008
8:30am-11:30am
Where:
Oakwood San Jose Actvities Room
700 Saratoga Avenue, San Jose
parking entrance on Blackford Avenue
RSVP by July 7
By Phone: 800-967-4222

Bay Area Apartment Brokers Forum

Group: Bay Area Apartment Brokers Forum - Established 1986 - (22 Years)Guest Speaker: Kirby Sack-CEO,Kirby Sack Properties Inc.-Principal,ThePaulSack Properties
Topic: Why a 5% cap in Silicon Valley is better than a 7% cap in Salt LakeCity
Date: Wednesday, July 9, 2008 - 8 AM
Place: First American Title Company, 1737 North First St., San Jose
Breakfast: Continental Breakfast - no charge - First American Title/Exchange
Chairman: Richard Domich - CB Richard Ellis
Vice Chairman: Keith Suddjian - Cornish & Carey
Membership: Kari Noomen - Washington Mutual
Sponsor: Mary Kay Kennedy - First American Exchange
Sponsor: Joe Campi - First American Title
Sponsor: Paul Monaco- First American Title
Note: All present will have an opportunity to present their listings, buyer requirements, as well as their analysis of current events and market trends that directly effect
the multi-housing (apartment) industry in Silicon Valley and greater Bay Area.
Adjournment: 9:30 AM
Aug. 13, 2008 John Klimp - The Multi-Housing Due Diligence Process
Sept. 10, 2008 Puneet Singh - Nuisance Tenants 2008
Oct. 8, 2008 Ken Orvick - Apartment Management Issues 2008
Nov. 12, 2008 Michael Thomas - How Technology is Changing Real Estate