Fantastic townhome in downtown San Jose located in a park setting. This 2 bedroom, 2.5 bathroom, 1375 square foot townhome is located in the College Park Townhomes community located across from Ryland Park. The property features a very spacious open kitchen and dining area with beautiful hardwood floors. This is a great space to entertain. You will also enjoy the living room with its huge vaulted ceilings and tall windows that let in plenty of sunlight. In addition, there is an attached 2-car garage with storage space and a large deck. The townhome was built in 2001 by Pulte Homes and walking distance to all of downtown amenities. This property is listed for $459,000.
For more information call:
Eric Woodward (DRE #01358345), Silicon Valley Lofts & Condos
Phone: (408) 623-7204
Paseo Plaza condo with hardwood floors for sale listed at $449,000. This is a nice 2 bedroom, 2 bathroom, 1,421 square foot* unit with two balconies and large windows throughout for plenty of sunlight. The condo features two master suites, large living room area, and hardwood floors throughout the living space. The living room area includes a fireplace and fantastic view of the San Jose Rep Theater.
The condo is located in the Paseo Plaza complex which is in the heart of downtown San Jose between San Jose State University and The 88.
Paseo Plaza
144 S. 3rd Street #309
Downtown San Jose
List Price $449,000
Click here for more info about the Paseo Plaza complex.
Listed by
Phil Ma (DRE#01343701)
Silicon Valley Lofts & Condos
(408) 297-5638 Office
(408) 667-5500 Mobile
This Sunday afternoon, The Housing Trust of Santa Clara County will be holding a workshop to discuss First-Time Homebuyer Assistance Programs offered by The Housing Trust. This will include information about the new Equity Share Co-Investment (ESCO) Program being offered by The Housing Trust. Prospective homebuyers as well as the general public are encouraged to attend to learn more about these programs. The Housing Trust can help homebuyers with down payment assistance loans up to $75,000 for qualified homebuyers. The Housing Trust provides various assistance programs for qualified homebuyers including an equity share program, closing cost assistance, down payment assistance, and mortgage assistance. These loans are generally low interest, secondary financing mortages. If you are looking to purchase your first condo in downtown San Jose or any neighboring areas, The Housing Trust is a great opportunity to help you get into that first home.
The Housing Trust of Santa Clara County is one of the largest housing trusts in the country. The goal of The Housing Trust is to make housing in the Silicon Valley more affordable and to assist qualified homebuyers purchase their first home.
First-Time Homebuyer Assistance Program Workshop
The Housing Trust of Santa Clara County
Sunday, February 21, 2010
3:00pm - 5:00pm
Martin Luther King Library
150 E. San Fernando Street
Downtown San Jose
For more information, see The Housing Trust website.
I usually don’t talk about any one specific property here on the blog but this one I’ve got to show off a bit. Not to mention that its one of my own listings but that’s beside the point. This is an incredible condo and nothing short of spectacular. This penthouse condo is over 2,400 square feet of luxury and is located in the Park Townsend complex in downtown San Jose. The floor plan includes an expansive living area, solarium, gourmet kitchen, master bedroom suite, and upstairs loft area. If you are looking for a downtown home to entertain family, friends, or clients, this is the perfect place.
When you first walk into this penthouse unit, you will notice the beautiful hardwood floors, dramatic high ceilings, and floor-to-ceiling windows in the solarium. You will also find that the walls have been floated and sanded for an exquisite smooth finish. The centerpiece of this grand home is the fireplace feature which is designed and textured to replicate an old world building. The fireplace feature is complete with exposed brick effects, open vent holes, and an appearance of dripping water from drain pipes. It really is amazing to see and brings an old world charm to an upscale modern condo. Check out the video below.
There is plenty of space in this penthouse condo. The master bedroom suite is spacious and roomy. The walk-in closet and wardrobe closet are both outfitted with solid wood closet organizers. Very nice indeed. The loft upstairs is the perfect spot for a home office, television/entertainment area, or guest bedroom. This is the ideal condo for anyone looking to downsize but still needing more room or someone looking for a luxurious downtown penthouse that is already decked out.
You can also watch the video on YouTube. The interior of this home was professionally designed by Bethe Cohen and Skye Duncan of Bethe Cohen Design Associates. The faux paint and fireplace feature was custom designed by Chris Collins Adkins of Chameleon Design.
Many buyers looking to purchase a condo in today’s real estate market are obviously looking for a deal. And rightfully so with the number of foreclosures and short sales on the market these days. But what many condo buyers don’t realize or fail to realize the importance of, is that they are not just buying a piece of real estate, they are also buying a membership into the homeowners association (HOA). Most buyers are aware of this fact. Sure that means there are rules to follow, HOA dues, CC&R’s, and probably HOA meetings. No big deal, right? Well, probably no big deal unless you get hit with a dues increase or, worse yet, a special assessment that could easily cost you thousands of dollars. Suddenly that bargain condo isn’t such a bargain anymore.
When you are buying a condo (or any property subject to an HOA), there are a number of issues that you as a buyer need to be aware of that are much different than buying a single family home. The most obvious of which is the homeowners association, which you may soon become a member of. Say, for example, there are a handful of foreclosed properties in the complex. Chances are you may be hoping to purchase one of these bank-owned properties (REOs). So can you imagine that if the former-homeowners failed to pay the mortgage there is a high probability that they also weren’t paying HOA dues. Multiply that by a few former-homeowners and suddenly the HOA’s operating budget is no longer where its supposed to be at. And that can directly lead to a dues increase or even a special assessment. How can you protect yourself against such surprises? Make sure you do your due diligence on the HOA finances before making the purchase. Review the budget and financial statements provided to you. And as boring as it may be, read the board minutes and newsletters.
There is a great article from the Wall Street Journal written by June Fletcher that discusses a few more hints for buyers interested in buying a condo. This includes taking a good, long look at the reserve study. This is a great, short article for anyone in the market looking to buy a condo.
Tips for Buying a Condo at a Bargain, The Wall Street Journal, June Fletcher, October 17, 2009
If you or anyone you know is in danger of losing your home becuase of foreclosure, information about how to save your home will be availabe at a free Foreclosure Prevention and Resource Fair this Wednesday, October 21 at the Mexican Heritage Plaza in San Jose. The fair is intended to help anyone impacted by foreclosure by assisting them with appropriate resources or to provide them with assistance in going through the foreclosure process. The event will give homeowners an opportunity to meet with volunteer staff who will meet with homeowners to determine their individual circumstances and connect them with appropriate resources. A few of the resources that will be discussed include working with HUD-certified foreclosure prevention counselors, nonprofit legal services, emergency financial assistance and other housing services. Volunteers will also discuss how to avoid foreclosure scams.
The Foreclosure Prevention and Resource Fair is being sponsored by ForeclosureHelp, a City of San Jose Housing Department program.
Foreclosure Prevention and Resource Fair
Wednesday, October 21
1:00pm - 7:00pm
Mexican Heritage Plaza
1700 Alum Rock
San Jose, CA
For anyone that didn’t get a chance to attend the “Off the Fence” Housing seminar/webinar last week, you can watch the entire seminar on video thanks to The 88, which was one of the event sponsors. The video can be found at:
This is an excellent video with the keynote speakers Sheila Bernus Dowd of Lookiloos.com and Quincy Virgilio of the Santa Clara County Association of Realtors (SCCAOR) providing lots of great information about purchasing a home. The topics include how to learn more about various neighborhoods to using the internet to maximize your home search. The seminar also touches upon the home buying process including how to select the right real estate agent and how to secure financing. Whether you are just starting the home buying process or have been looking for several months now, this is definitely a worthwhile video to watch. Lots of fantastic and useful information!
The “Off The Fence” housing seminar is a presentation by the Silicon Valley Leadership Group (SVLG), Santa Clara County Association of Realtors (SCCAOR), and the Greenbelt Alliance.
If you want to learn more about why NOW is an excellent time to purchase real estate, attend a free housing seminar and webinar on August 5. The housing seminar is designed to help buyers explore various housing options, live closer to work places, and live a more sustainable lifestyle. The innovative first-time home-buyer education seminar is geared to help Silicon Valley workers understand the changing landscape of today’s real estate market and how a more green lifestyle can also help to shorten their commute.
The scheduled keynote speakers at the free seminar are Sheila Bernus Dowd of Lookiloos.com and Quincy Virgilio, president of the Santa Clara County Association of Realtors (SCCAOR). The speakers will cover a number of topics including insights on the home-searching and home-buying process, new web tools to assist in those processes, evaluating financial situations, and current home price and sales trends in the area.
The free “Off The Fence” housing seminar will be held in-person at the San Jose Airport Holiday Inn on August 5 at 12:00 pm with a second session set to begin at 5:00 pm. For those unable to attend in-person, a webinar will broadcast the first session at noon. The program is jointly being presented by the Silicon Valley Leadership Group (SVLG), Santa Clara County Association of Realtors (SCCAOR), and the Greenbelt Alliance.
Off the Fence Housing Seminar
August 5, 2009
Session 1: 12:00 pm
Session 2: 5:30 pm
San Jose Airport Holiday Inn (Live)
1740 N. First Street, San Jose
Webinar:
August 5, 2009
12:00 Noon
To register for the seminar or webinar, please call (408) 802-4765 or visit www.svlg.net.
Twitter is all the rage and since we here at Silicon Valley Lofts & Condos pride ourselves on being as technologically savvy as possible, we are now tweeting on Twitter. Sign up and follow us at Twitter and you will get the most up to date info on downtown San Jose real estate and happenings. We will be tweeting with updates on new listings, price changes, bank owned properties (REOs), downtown real estate news, and other downtown living and lifestyle postings. Look out Ashton Kutcher and CNN, Silicon Valley Lofts & Condos is now on Twitter!