January 19, 2010

Lease with option to buy for Lynbrook High School area house

$925,000

1360

Beds: 3
Baths: 2
Sq. Ft.: 1,247
$/Sq. Ft.: $742
Lot Size: 6,200 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
Year Built: 1957
Community: Cupertino
County: Santa Clara
MLS#: 80957608
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 8 days
Opportunity knocking! Excellent Cupertino schools, convenient location, easy walk to Lynbrook high school, fresh interior paint. May be available on a lease with option to buy.

Knock, knock.

Who’s there?

Opportunity.

Opportunity who?

Opportunity to send your kids to Lynbrook high school!

Let’s check out this amazing fresh interior paint:

image

Oh… it’s a little too dark there. Let’s try this one:

image

Oh… that’s a bit too dark too. But check out that light fixture. You know why that’s going to be helpful? In the event of an earthquake, you’ll know that the ground is moving because the light will be swaying! I hate when an earthquake happens and I don’t notice – this light will make sure you know. Especially when it hits the cabinet and shatters.

But let’s look at the finance aspect of this house – lease with option to buy.

Should you do it? Should you lease with option to buy? Or should you just buy it outright?

Pros/Cons?

Comments (13) -- Posted by: burbed @ 5:06 am

13 Responses to “Lease with option to buy for Lynbrook High School area house”

  1. ES Says:

    My parents bought a house in Lynbrook’s area in 1991 so I could have the opportunity to go to the #5 (at the time) public high school in the country. I lasted two years, and was “asked to leave” after my sophomore year with a 0.7 GPA. Lynbrook High is fantastic if you want your child to grow up to be a cubicle prisoner. The teachers stress conformity and unwavering acquiescence to authority. I completely gave up when my world history teacher, Mr. Neff, who was also the basketball coach, would kick his feet up in class while reading a basketball magazine while we copied the textbook into a notebook for 35 of the 50 minutes of class. That year, he was awarded Lynbrook’s “teacher of the year” award.

    I left Lynbrook (and high school altogether) and went to junior college. A BS, MS and JD later I’m a success in life *despite* having been trapped in the soul crushing, individuality stripping hell that was Lynbrook.

    Oh, and you better be Asian if you’re moving into that neighborhood, otherwise your kids will be in a very small minority. Of course, there is about 99.9% chance that this house will be purchased sight unseen for cash or close to cash by someone in China before immigration.

  2. ES Says:

    Oh, I forgot to mention… they listed their house in 2005 for the magic price of $888,000. There was a line down the block on the first open house… they accepted an offer for 925 or thereabouts. It was pending w/o release that day. The buyer was a young man from China whose family was still there… his parents gave him $450K for the down payment. I may have failed out of the fabulous Lynbrook high, but my parents banked over 600K thanks to its reputation.

  3. BuyersAreIdiots Says:

    More good news!

    http://money.cnn.com/2010/01/19/technology/tech_job_cuts/index.htm

    “Tech job cuts hit 4-year high
    By Julianne Pepitone, staff reporterJanuary 19, 2010: 10:18 AM ET

    NEW YORK (CNNMoney.com) — Planned job cuts at tech companies rose in 2009 for the second straight year, hitting the highest level in four years, according to a report released Tuesday.”

    What gives?? Aren’t Google, Apple and Facebook hiring anymore??

  4. nomadic Says:

    It’s off the market now so apparently a foreigner with a suitcase full of cash on the sidelines snapped it up.

  5. Zak Says:

    ES,

    “Lynbrook High is fantastic if you want your child to grow up to be a cubicle prisoner”

    I didn’t know they start training kids so early in the Bay Area. I was hoping to wait till college before I told my kids about the cubicle culture. No wonder the Bay Area kids are so much better trained for the brave new corporate world.

  6. ES Says:

    Zak, I didn’t mean to imply that they literally tell you about the cubicle culture… but they suck all creativity and passion from you as you compete for grades with students whose parents shuttle them from after school study to the special math tutor to SAT prep (Starting at age 13). What you’re left with is a child that knows nothing but running on a hamster wheel, making them perfectly suited for working that cubicle for 28 years without once questioning anything.

  7. Walking by Says:

    For every poop hole in Cupertino there’s one asian dude with cash. :)

  8. anon Says:

    You mean one asian dude who had cash and now has trash!

    Now that’s a smart bargain!

  9. SmilingCat Says:

    You don’t need a lot of light to raise cubicle veal.

  10. sv_newbie Says:

    >>The teachers stress conformity and unwavering acquiescence to authority
    I know one person who is from Lynbrook and went to Berkeley and is very intelligent and did well professionally.

    However, it sucked to work with him. Because, he would never ever question the official line / authority. I could never understood how come an intelligent person like has to take any crappy suggestion from any nitwit so seriously.

    Now it makes sense.

  11. DreamT Says:

    I’m thinking of getting a plant in my office room just so that at least something moves in the event of an earthquake and I don’t have to refresh usgs.gov fifty times.

  12. kareninca Says:

    wow, what a great opportunity to start a cult! as an authority figure for recent Lynbrook graduates. . .

  13. JohnLiu Says:

    I went to Lynbrook during the dot-com boom years. All I got to say is that the place churns out folks who end up becoming hyper-competitive careerists. I did have a lot of fun there, and there were some characters to remember, such as that wacky chem teacher Leigh Wilson, and that “Steve Jobs” control freak music teacher John Felder.


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