March 31, 2010

Seller very motivated… so is the agent!

 
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Beds: 2
Baths: 1
Sq. Ft.: 900
$/Sq. Ft.: $500
Lot Size: 0.26 Acres
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1926
Community: East of U.S. 101
County: San Mateo
MLS#: 80957391
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 89 days
The house was completely redone in 2007.New roof, bath and kitchen. Granite counter top. New paint interior/exterior. Large lot of 11,375sqft. The city said it can be divided into 2lots including the existing house. Seller is very motivated. Thank you.

This is a huge chunk of prime East Palo Alto real estate that you’re buying! But… you’re also buying a house that was completely redone in 2007! Sure it might be hard to find the house in the photo above… but what about this one?

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Oh. Um. This one?

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Err.. Um… This one?

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There ya go!

If you like drive by (photography), you’ll love this neighborhood and this house. As the realtor says “Thank you.” <takes a bow>

Comments (18) -- Posted by: burbed @ 5:46 am






March 30, 2010

Short sale in San Mateo, with great opportunity

Beds: 2
Baths: 1
Sq. Ft.: 720
$/Sq. Ft.: $542
Lot Size: 4,365 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1940
Community: Bowie Estate
County: San Mateo
MLS#: 81001423
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 62 days
Short Sale (subject to lenders approval) 2bd 1ba 1 car garage, spacious back yard . .. Plenty of potential

Short sales can sometimes be amazing opportunities to get amazing value. I mean, heck, this house even has two fine german cars parked in front of it. That’s a sure sign of potential success that you may achieve if you purchase this house!

So, let’s take a look at this spacious back yard! Uh… oh… what’s going on here?

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What? No mention of “great for first time buyers/handyman’s delight”? I feel so misled by this listing!

Comments (219) -- Posted by: burbed @ 5:38 am

Thanks to Burbed reader

Thanks to Burbed reader … unknown (I figure you don’t want me to post your email address) … for your contribution!

Click here to post a comment -- Posted by: burbed @ 12:34 am

March 29, 2010

A green house for green living in San Mateo

Beds: 3
Baths: 1
Sq. Ft.: 1,060
$/Sq. Ft.: $630
Lot Size: 5,115 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1951
Community: Beresford Manor
County: San Mateo
MLS#: 81006549
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 31 days
OPPORTUNITY AWAITS IN THIS HIGHLY DESIRABLE NEIGHBORHOOD-FRESHLY PAINTED INTERIOR, EAT-IN KITCHEN, NICE LEVEL YARD-MAKE THIS A JEWEL OF A HOME-CLOSE-IN LOCATION, NEAR SCHOOLS, SHOPS & MAJOR THOROUGHFARES-1ST TIME BUYERS/INVESTORS DELIGHT.

Being green is all the rage these days, and this house will really allow you to tell the world just how green you are. At just 1060 square feet, this house will ensure that your footprint, carbon or otherwise, remains small.

And just look at the dedication to being green you will be able to impart on your friends when you invite them over:

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Green enough for ya? Personally I’m really digging the flooring. Now that is definitely unique!

Yep… this is something that 1st time buyers and investors will clearly appreciate.

How would you make this house even more green?

Comments (14) -- Posted by: burbed @ 5:05 am

March 28, 2010

Bay Area to have the best census takers in the world!

A wealth of qualified census-takers

by Chris Kenrick
Palo Alto Online Staff

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The U.S. Census-taker who knocks on your door this spring just might have an M.B.A., or even a Ph.D.

Silicon Valley’s high jobless rate has created a wealth of talent to staff the 2010 Census, which is now on final countdown to Census Day April 1.

By that date, every U.S. resident should have returned the 10-question form they’ll receive sometime in mid-March. If one hasn’t mailed back the form, one of those ultra-qualified census workers will be knocking on the door.

Jim Kamenelis, a longtime Silicon Valley IT director, is one of those with ample qualifications. An experienced IT manager who was looking for work after a failed startup, Kamenelis was hired by the Census Bureau in the summer of 2008 to help ramp-up to the big count. He expects his job to end this September, he said.

Kamenelis said he has tested about 15,000 local applicants for census jobs, which are on-again-off-again depending on tasks at hand. He has also managed a variety of preparations, such as updating addresses and maps, required for the upcoming count.

"There’s an incredible pool of capable people available right now," Kamenelis said.

"It’s amazing how many talented people we hire — we have lawyers, business executives, a lot of retired military, and one lady here is a Ph.D. in computer science.

"These are a lot of accomplished folks who, for whatever reason, are unemployed and this is the best thing available to them."

You heard it here first folks. Another reason why the Bay Area is special? Another reason why the next decade is going to rock for this fine valley?

We’ve got the best census takers and workers in the WORLD! Just think of all the innovation these PhD’s, JDs, MBAs, and military folks will be able to add to the census process. I bet all the other cities in America are just drooling with envy as to how lucky we have it.

Without a doubt, we are surely going to have the best counted census in the world right here in the Valley. Congrats!

Comments (89) -- Posted by: burbed @ 5:01 am

March 27, 2010

Let’s try charity

On most Saturday’s, there’s a plug for a book sold on Amazon, with unique commentary about why the book was chosen. And then a plea for funds to help keep this site running.

By all measurements, this has not been a success.

In the spirit of trying new things, Lent (do other religions have something going on around this time?), and general good heartedness, I figured I’d feature a charity instead this week.

I chose:

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If you don’t find contributing to this site a worthy cause, then please consider the Lupus Foundation of Northern California.

Comments (16) -- Posted by: burbed @ 5:09 am

March 26, 2010

Great Burlingame house with lots of opportunities

Beds: 2
Baths: 1
Sq. Ft.: 900
$/Sq. Ft.: $688
Lot Size: 3,924 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: 1
View: Neighborhood
Year Built: 1920
Community: Burlingame Gardens
County: San Mateo
MLS#: 80949763
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 147 days
HUGE PRICE REDUCTION-Cute craftsman style home with non-conforming detached in-law unit on R2 lot. Shows as 3 bed/1 full bath/2 half bath front unit; and 2 bed/1 bath rear unit-each with their own kitchen/laundry facilities. Desirable Burlingame school district, close walking distance to transportation/downtown. Live in one/rent the other, or use for family or business. Ample off street parking.

Is there anyone who doesn’t like options? This is America! Options, choice, opportunities, freedom, liberty, apple pie, neg am 60 year mortgages. You either love’em, you love terrorists.

In this case, you have plenty of options as this house both comes on a R2 lot, and has a detached unit with separate kitchen and laundry! Wowsers!

What will you do with this house? Will you tear it down and build 2 houses? Will you rent out both houses! So many decisions! So many possible ways to profit!

Any one want to do an NPV on this house? Before you do that, you might want to factor in some expenses…

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Hm… I think that might require some work…

Comments (16) -- Posted by: burbed @ 5:56 am

March 25, 2010

what is inflating bay area real estate

It’s search engine Thursday!

Recently someone found this site by searching for: what is inflating bay area real estate 

This is what is known as a trap. There’s nothing inflating Bay Area real estate – because that would imply there’s a bubble that will pop.

Rather, the correct question is: why won’t bay area real estate stop increasing in prices?

The answer: Zynga, Facebook, Tesla, Google, Apple, sushi, they’re not making any more land, Stanford.

The reality is that the recession is over in Silicon Valley. Employers are starting to hire like crazy once again, needing to resort to tactics like advertising on billboards on freeways! With amazing stock options, amazing salaries,and the amazing ability to put 50% of one’s gross income towards their primary residence – how can real estate prices possibly not stop growing?

More importantly: it’s better that you buy now or be priced out forever! (Yeah, that’s right. I bet you hadn’t heard that in a while!)

Comments (200) -- Posted by: burbed @ 5:50 am

Cute, blue house in San Carlos with easy access to 101

Beds: 2
Baths: 2
Sq. Ft.: 1,180
$/Sq. Ft.: $508
Lot Size: 5,850 Sq. Ft.
Property Type: Detached Single Family
Stories: 1
Year Built: 1939
Community: Clearfield Park/North Redwood Subdivision
County: San Mateo
MLS#: 81003344
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 50 days
Great value in San Carlos. Spacious 2 bedrooms, 2 bath. 2 Walk in closets. Hardwood floors throughout. Open kitchen with breakfast bar and separate area for eating, great for entertaining. Large living area with gas fireplace insert. Large backyard with patio, lawn and separate area that was used as a garden. Additional structure in back used as a storage shed but has variety of uses.

What a cute little blue house! Now… it’s up to you to figure out what you want to use the structure in the back for… and hopefully it will be legal.

But I’m more surprised by the fact that this house doesn’t mention that it has easy access to 101 and El Camino Real!

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After all, this is in the famous Holly St Bottleneck! Personally, this would be a great house for kids because they can really gain some entrepreneurial experience selling lemonade to trapped drivers. Cha-ching!

More importantly, this house will ensure that you will be able to back out of any driveway, under any circumstance. Win-win!

Comments (10) -- Posted by: burbed @ 5:46 am

March 24, 2010

Garage (with house maybe) for sale in Belmont

Beds: 2
Baths: 2
Sq. Ft.: 1,270
$/Sq. Ft.: $591
Lot Size: 2,304 Sq. Ft.
Property Type: Attached Single Family
Style: Mediterranean
Stories: 1
View: Green Belt
Year Built: 1970
Community: Belmont Woods
County: San Mateo
MLS#: 81007709
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 24 days
Rarely available one level unit. Updated kitchen with black granite counter tops and white cabinets. Two patios one off the living room with access to green belt and pool and another patio off bedrooms with a hot tub. Unit shows well.

First, let’s be clear that this is an attached single family house. There’s a $367 monthly HOA that needs to be paid.

But ignoring that, doesn’t it look like this is just a giant garage? Now granted, it’s got a nice patterned door, but still… it looks like it’s just a garage for sale. Let’s look at a street view:

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Uh… huh. What a strange, strange design. Why didn’t they build something over this garage? I’m definitely not getting this architectural design. But you might! And if you do, this can be yours for just $591 per square foot!

Comments (4) -- Posted by: burbed @ 5:40 am