Wednesday, October 12, 2011

Two Single Family Homes in San Jose for Sale Bank Owned & Short Sale

We have two great deals on two single family homes for sale in San Jose - one is a bank owned property and the other is a short sale.  Both are excellent opportunities.
1. Bank Owned - in need of a contractor - this is not your paint and carpet fixer - if you scare easily then this is not for you!  Previous owner took the kitchen (cabinets and all) and the bathrooms (no toilets or tubs).  Now for the good part: it is a newer home (built in 1991) in the hot Berryessa area of San Jose, 2,350 square feet on a decent sized lot, 4 bedrooms, 2.5 baths.  This home is being offered at a discount to compensate for the repairs and the sweat equity needed.  Price approximately $600,000.
2. Short sale single family home in South San Jose 95138 zip code off of Monterey Expressway. 1,450 square feet, built in 1990, on a 5,700 square foot pie shaped lot.  This IS a paint and carpet fixer.  Nice location on the street and in the development.  Great for rental investment or owner-occupant. Pricing estimate is $450,000.
Both are not on the market yet - let us know if you want more details.