I was lucky enough in 2008 to have work as the buyers agent for many sets of home buyers. I am glad to say that they have all been very happy to be purchasing their own homes. From the overseas families that took a bit more of my time to listen and talk with, to newly relocated families that were typicly having trouble selling their out of area homes. The one thing that seemed clear to me about each of my buyers this year has been that they want to own their homes. I think this to be true of most all home buyers during a down market. Owning your own home is truly the American dream.

TO A HAPPY AND HOPFUL 2009 !!!!!

This summer I met and helped a wonderful  family to purchase their fist home.   When I met them they were in the beginning stages if the adoption process.  Adopting a child is a very lengthy and is quite costly. 

They found a home that will give them a permanent, safe place to raise a family.  They now turn to our community to help them move forward in providing a home for a needy child.

There will be a benefit concert and silent auction Featuring the Folk music of Randy and Jenny Jones.   All proceeds and donations will go to the Spence Family.  Donations can still be received after the concert.

Concert will be November 8th

at 7pm

2304 Zanker Road

San Jose, CA 95131

>>>>>>>>>>>>>>>>>>>>>>>> 

Adoption is greater than the universe….it was there before the universe, it is above the universe, and it is the purpose of the universe…- John Piper

4 Bedrooms, 2 Baths – 1495 sq ft Home 9600 sq. ft. Lot (per seller) CLICK HERE for the Virtual tour – Owner will review all offers presented. This is a completely remodeled home in Blossom Valley. There is over 100k in upgrades to this home. No expense spared. This home is situated on a 9600 square foot lot located on a cul de sac. This is the perfect family home and is ready for your family. This home has a eat-in kitchen with stainless steel appliances and a view of the neighborhood. This home has both a living room and a separate dining room with French doors. Bathrooms are gorgeous with the Italian vanities and tile. Master bathroom has tiling in the shower from floor to ceiling with a shower head that will make you feel that you are in the best of spas! The neighborhood boasts low traffic with no thoroughfare streets making it perfect for families. You are within distance to parks and schools. Conveniently located near Shopping, Freeways and a VTA light rail station.

v Home has new stucco on the exterior

v Double-paned windows

v Beautiful hardwood floors through out

v Stainless steel appliances

v Granite Counter with full back splash

v Cherry wood Cabinet

v Crown molding through out

v Designer lighting

v Extra storage in garage

v Beautiful front door

vCopper piping vNewly textured walls

Under the HOPE for Homeowners Program, 400,000 distressed homeowners can pay off their troubled mortgages and replace them with more affordable, FHA-insured loans. To qualify, a borrower’s monthly payment on existing mortgage loans must be over 31% of his or her income as of March 1, 2008 (hence demonstrating the borrower’s inability to afford the original loans). The original loans must have been originated before 2008, and secured by the borrower’s principal residence (as well as only residence). Also to qualify, the borrower must satisfy FHA underwriting requirements for the new FHA-insured refinance loan.
    

 The FHA refinance will be a fixed rate loan up to $550,400 for at least 30 years, and will include charges for FHA insurance premiums. The maximum loan-to-value ratio of the FHA refinance is 90% of the appraised value. If the refinance proceeds are insufficient to pay off the existing liens, the refinance will not go through unless the original lenders voluntarily agree to accept a short payoff as payment in full. Rules will be established to allow, among other things, equity sharing for the original junior lienholders.
    

 Upon obtaining the FHA refinance, the borrower must share with the FHA at least 50% of any equity realized through a subsequent sale or refinance. The FHA’s share in equity will be based on a sliding scale of 100% of any equity realized within the first year of the FHA loan, 90% the second year, and so on, but not less than 50%. The HOPE for Homeowners Program shall be in effect from October 1, 2008 to September 30, 2011.