May Home Buyers Write Simultaneous Offers On Multiple Homes For Sale?

Posted in February 27th, 2010

by Rick Bonetti in Homebuyer Tips, Homeseller Tips

The short answer to the question is no, unless they intend to buy both!
Two situations are prompting homebuyers to want to make simultaneous offers on multiple properties: 1) a hot market with multiple offers, and 2) a short sale where it may take a bank a long time to respond to an offer.
Buyers need [...]

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Saratoga Real Estate Heats Up With The Super Bowl

Posted in February 10th, 2010

by Rick Bonetti in Homebuyer Tips, Homeseller Tips, Market Trends

The Silicon Valley real estate market regularly starts to pick up about the time of the Super Bowl (wasn’t that a great game)!
Inventory of homes for sale in Saratoga, CA 95070 is climbing, but is still a low 86 detached and 11 attached homes. Last week 21 detached homes were added to the inventory including [...]

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Introducing The New APR Open House App

Posted in February 9th, 2010

by Rick Bonetti in Homebuyer Tips

In the early 1990’s Alain Pinel Realtors was a pioneer in implementing new internet applications for local real estate and they have just introduced their latest ” killer” application: www.Open.APR.com This website now gets a feed from the MLS database that shows open houses with maps, a street view and a route plotting via Google Maps. You can [...]

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Home Buyers Should Act Now Before Rates Go Up

Posted in February 2nd, 2010

by Rick Bonetti in Financing Trends, Homebuyer Tips

Interest rates have been stable over the past week but appear ready to rise based on Obama’s budget which among other things promotes job growth, responsible government spending and is viewed as a positive for the economy based on today’s bond trading. There were several other positive economic reports out Monday [...]

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Saratoga Real Estate Market Is Hot

Posted in January 26th, 2010

by Rick Bonetti in Market Trends

Ten homes went sale pending last week in Saratoga, CA.! Several went to multiple offers. The Saratoga real estate market (or at least part of it) is hot.
All but one of the sales was priced less than $2 million. Included in the group were homes on Sobey Road, Oak Place, Viewoak Drive, Wolcot Way, Titus Ave., [...]

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