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Showing posts from January, 2016

Rent Increases higher in the Bay Area

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Market Trends Rent increase slows in Q4 2015 See what's slowing steep rent increases throughout California.   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

8 SURPRISING PREDICTORS OF HOUSING PRICES

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 8 SURPRISING PREDICTORS OF HOUSING PRICES      -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

DS News Afternoon Update: JPMorgan Chase Settles With Lehman Brothers For More Than $1 Billion

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    JPMorgan Chase Settles With Lehman Brothers For More Than $1 Billion Lehman originally sued JPMorgan Chase in 2010, accusing JPMorgan of draining Lehman of billions of dollars before the investment banking firm's infamous 2008 bankruptcy. Click HERE for the story . - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory Love Us on Yelp! Like Us on Facebook    

Do you have a pre-1979 built home? Grants available for earthquake retrofit

Here are more details: As of last Wednesday, Jan. 20, select California homeowners can register online to receive up to $3,000 in funding for earthquake retrofits, helping to protect their homes from future catastrophic earthquake damage. Registration is open through Feb. 20.  Grants will be awarded on via a random lottery picks. How to apply Grants are available through the Earthquake Brace + Bolt program , which is poised to deliver $4.8 million for earthquake retrofits to homes in specific ZIP codes in both Southern and Northern California. Who should apply Homeowners with a pre-1979 home in any of the cities which are covered by the EBB grant should definitely apply. Since we live in earthquake country, retrofitting an older dwelling for seismic strength will make the home more resistant to earthquake damage, and could result in lower insurance premiums as well. According to the California Earthquake Authority, more than 1.2 million homes in earthquake-prone areas in Southern ...

How to Prepare a Final Form 1040

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Got this article from  AICPA News Update.   When clients die, tax practitioners can take a number of steps on their clients’ individual income tax returns for their final year that can help the family save on taxes. Karen Cohen, CPA, explains what they are in this article in The Tax Insider .     -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

What Is a Certified Check?

So, you’re closing an important transaction when the seller asks you to pay by certified check. Fine, you say — but what is a certified check? It’s a personal check written by an account holder, drawn on the holder’s account and guaranteed by the bank. With a certified check, the bank or financial institution certifies that the signature is genuine and that the account holder had enough money in the account to cover the check at the time it was written. The bank then sets aside the full amount of the check to guarantee the funds will be available when the check is cashed or deposited. The guarantee that money will be available is one feature that a certified check shares with another bank product, the cashier’s check . Many banks or credit unions offer certified checks to their patrons. Fees can run from $2 to $10, with the possibility of higher fees for larger checks. Some financial institutions, however, offer reduced fees or no fees for account hol...

December Sales Surge 24.7 Percent from a TRID-Depressed November

Real Property Report – California, December 2015 December Sales Surge 24.7 Percent from a TRID-Depressed November Median Prices Flat in December, Up 7.1 Percent Y-o-Y 2016 Real Estate Market May Benefit from Stock Market Volatility and Fears https://www.propertyradar.com/blog/real-property-report-california-december-2015   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

K&B Denied their Motion to have Their New Homes In Patterson Ranch Assigned to a Specific School

Read about it here. http://www.fremont.k12.ca.us/site/default.aspx?PageType=3&DomainID=5545&ModuleInstanceID=4613&ViewID=047E6BE3-6D87-4130-8424-D8E4E9ED6C2A&RenderLoc=0&FlexDataID=54403&PageID=28509   Surprisingly I hear the Jasmine Development at Patterson Ranch is selling well, starting at $1,350,000   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

Builders Share Strong Outlook For Green Homes

Despite the concerns about the cost of building green, a high percentage of home builders and remodelers are already building green and expect to do so in the future. The study also finds that consumers over 55 are the most important group driving our current market. READ MORE>>   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

Newark Real Estate update

Mayor Nagy gave us an update on Newark real sett development. 600 homes under development Mervyn's is gone. But homes coming. Motel 6 is gone. Credits new growth to strong economy driving demand. Blames Prop 13 for funding shortage and new homes will help increase property tax revenue. How will schools be impacted? Current superintendent will be resigning this next year. At it's peak 10,000 students today about 6400 students. A lot of built in capacity. Plus private school options (Challenger School, Moreau, other). Out of the 120 units sold at Timber 4 kids going to Bunker, out of which 2 were already going there. Newark mall getting new AMC IMAX theate, new restaurants, new shops. 281 units where the old Mervyn's used to be. Prima project 42 detached 93 condos 196 town homes Tonight approval of 593 project - dumbarton/transfer site -being pulled currently for technicalities. Thornton avenue has 14 condos coming up that was 10 years in...

Foreclosure Inventory Down to a Fraction of Its Peak

From DS news Foreclosure Inventory Down to a Fraction of Its Peak Whether or not housing has "recovered" is still being debated, but this much is certain: the foreclosure rate is one-third of what it was at its peak five years ago, an improvement deemed "remarkable" and "solid" by one economist. READ MORE   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, Green, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766 To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory  

Fremont Community Message: Now Recruiting Teen Police Explorers

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Monday January 11, 2016, 11:07 AM Fremont Police Department (CA) Community: Now Recruiting Teen Police Explorers Dear Sunil Sethi, The Fremont Police Department is currently accepting applications for the teen Explorer Program. The Explorer Program is a fun and safe way for teenagers to learn more about the field of law enforcement and get community service hours. Explorers donate between 5-20 volunteer hours each month by participating in a number of department activities including: ride-alongs, traffic control, building tours and special events. All new Explorers are required to attend a one-week Explorer Academy in southern California (August 6-13, 2016). If you are between the age of 14 - 18 and think that you might be interested in learning more about becoming a Police Explorer or having a future career in law enforcement, please visit the Department's Explorer Volunteer web-page at  http://www.fremontpolice.org/Explorers . Applications will be accepted through February 1...

January Is National Radon Action Month

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What is Radon and How Does Radon Get Into a Home? Radon is a radioactive gas. It comes from the natural decay of uranium that is found in nearly all soils. It typically moves up through the ground to the air above and into your home through cracks and other holes in the foundation. Your home traps radon inside, where it can build up. Radon has been found in all types of homes, including:    Old homes Well sealed homes Drafty homes Homes with basements Homes built on slabs Homes with crawl spaces Any home may have a radon problem. The only way to know is to test. Click on the links below for more information. USGS Report "Geology of Radon" Read the USGS Report discussing the geology of radon (PDF 8.9MB) California Radon Program Radon Program Contact Information Information courtesy of California Department of Public Health (CDPH) United States Environmental Protection Agency (EPA)   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great S...

American High Community Meeting update on the proposed 18 classrooms being added/built at American.

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  American High Community Meeting Tomorrow there is a community meeting at American High. This meeting is to provide an update on the proposed 18 classrooms being added/built at American.  Where: American Library When: 7:00 PM, January 7th Who:  Anyone interested in the American Building Upgrades   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory Love Us on Yelp! Like Us on Facebook