West San Jose Cupertino Schools Lynbrook High Homes MidWeek Update 11.12.09

West San Jose Cupertino Schools Lynbrook High Homes MidWeek Update 11.12.09
Hello & Happy Harvest Season! This is Michelle Carr Crowe with your Lynbrook High Homes Update for 11.12.09.
The housing market in West San Jose with Lynbrook High continues to be stable. Currently there are only 6 single family homes for sale (2 went pending and 1 new one came on the market since Sat., 11/07/09). Condos and townhomes remain steady with the same 7 for sale. There is also 1 multi-family fourplex for sale.
I have *6* different pre-approved buyers who want to buy in the in the next 30 days and move in before the Christmas holidays -but the homes they want and need aren't on the market right now. Who do you know who's thinking of selling that could use my help?
Tax Credit and Unemployment Benefits Officially Extended & Expanded
The existing tax credit for first-time buyers, originally set to expire at the end of the month, has been extended, expanded and approved by the House, Senate and President Barack Obama. The new measure allows both first-timers and existing homeowners to take advantage of thousands in the form of a tax credit. All properties must close by the end of April.

The measure would continue giving an $8,000 tax credit to first-time buyers.
In addition, it provides a $6,500 tax break to qualified homeowners looking to move up OR MOVE DOWN to middle-market homes that cost no more than $800,000. This can be an important bonus for seniors.
The legislation also significantly raises the qualifying income levels to $125,000 for individual income tax filers and to $225,000 for joint filers.

Finally, the bill would extend unemployment benefits 14 more weeks nationwide and 20 more weeks in California and other hard-hit states. That would give the long-term unemployed nearly two years' worth of benefits.
Reprinted with permission from the National Association of REALTORS®.
SELLERS: Click HERE to Find Out Home Values BEFORE You Sell
BUYERS: This week we have *3* separate 3 Br TownHome Opportunities in Monta Vista! All 3 are at least 3 Br and 2 Bath! All are in low-traffic locations, and feature 2-car garages, too. Please call 408.252.8900 to request a showing time. We must have your most current pre-approval letter on file prior to showing- you can email it to info@michellejudycarr.com or fax it to 408.378.9056.
VIP INVESTOR BUYERS ONLY: Call me regarding a potential teardown/remodel opportunity on a standard size (~6000sf) lot. Seller only wants to sell As-Is with no contingencies (getting reports is OK), preferably to cash buyer, reasonably priced.
BUYERS: Click HERE to Find Out Home Prices BEFORE You Buy
Get RE$ult$ Team Open House
Open Saturday 1:30-4:30! Grandma's Cottage Charmer in Willow Glen! 2180 Cheryl, San Jose 95125 REDUCED $$!
Asking $612K OR BEST WRITTEN OFFER !! Try FHA Loan - $21,525 Down Possible!*

For Sale Single Family Homes: 7
1033 Windsor St San Jose 6 4 35 4,956 $482 10,950 $2,388,800 6
1681 Provincetown Dr San Jose 4 3 160 2,800 $535.67 6,500 $1,499,888
1566 Duckett Wy #9 San Jose 4 4 (3/1) 1 2,315 $517.49 2,134 $1,198,000
1142 Johnson Av San Jose 5 2 79 1,904 $530.46 6,549 $1,010,000 51
1432 Yilufa Ct San Jose 4 4 (3/1) 36 2,309 $433.07 2,171 $999,950
1403 S Blaney Av San Jose 3 2 9 1,357 $713.99 6,180 $968,888 50
1307 Centennial Ct San Jose 3 2 3 1,176 $764.46 7,102 $899,000 50
For Sale Condos/TownHomes: 7
7250 Clarendon St San Jose 3 3 (2/1) 9 1,448 $531.77 $300 $770,000 30
7126 Clarendon St San Jose 3 3 (2/1) 28 1,448 $502.76 $300 $728,000 30
1082 Norfolk Dr San Jose 2 2 (1/1) 16 1,149 $598.78 $295 $688,000 37
7150 Rainbow Dr #21 San Jose 2 2 (1/1) 269 1,050 $476.14 $393 $499,950 45
7100 Rainbow Dr #7 San Jose 2 1 31 968 $470.04 $374 $455,000 45
1155 Weyburn Ln #28 San Jose 2 1 58 814 $526.89 $330 $428,888 47
6942 Chantel Ct San Jose 1 1 86 582 $462.2 $305 $269,000 109

For Sale Multi-Family: 1
1609 Brookvale Dr San Jose 30 4,520 $298.67 7,668 $1,350,000 41

Thanks for reading, Aloha & God bless you!