How to get your offer accepted in a competitive Real Estate market!

     There are few things buyers can do to make sure that their offer gets a fighting chance and gets accepted by keeping following simple things in mind.

Choose your Realtor wisely: Work with an agent you trust and who has the skill to negotiate effectively and can address all your questions and concerns.

     Get yourself " Approved" not just pre- approved from a credible lender:  Make sure to get approved for the maximum price you can afford. This will give you a maximum range that you can up to if the right house comes along and also allows you to make a stronger offer by going non- contingent on loan contingency with higher confidence.

     Have deposit money and down payment funds readily available: Stocks, money from your investments, gift from families etc should in liquid form and readily available to show your financial credibility.

     Review and sign all reports and disclosures and submit with your offer: by doing this it gives confidence to sellers and shows your commitment to the house.

     Find out what the seller is looking for in addition to price. Is it rent back, is it faster close? To the extent, try to honor these desires in your offer.

     Write a personal letter to the seller: It is a sellers market and they get many offers. So, try to stand out from the other offers. Telling about your family, work and why you like to make their house yours will help them give an insight into your commitment of taking this offer all the way. Pictures of the family helps in making a emotional connect.

     Develop a " winning team" of both a Realtor and Lender. Realtor will get you in contract and lender will make sure you get the keys to your house!

     Be motivated and committed: Keep writing the offers on the homes you like even though you have had few disappointments along the way. 

5 Tips for First-Time Home Buyers

Here are some crucial tips for first time home buyers to look into. It is important to go with a Realtor who is the area expert and can guide the first time buyer with the twists and turns of the transaction process!

5 Tips for First-Time Home Buyers

Top 100 private schools in California!

Are you on the look out for the best private schools in Bay Area? Here's the link to the top 100 private schools in all of California for the year 2016. Checkout which of your favorite Bay Area private schools made the cut!

http://patch.com/california/cupertino/100-best-private-high-schools-california-2016-0

For more information on schools and homes, contact me at manu@manurealestate.com

Goodbye Granite - the Pros and Cons to Alternative Countertops

Before you just go ahead and order your Granite for your new kitchen, here are some alternative options to look at.

Goodbye Granite - the Pros and Cons to Alternative Countertops

Protect your home with clean and efficient gutters!

Here are few important pointers help you achieve that!

Protect your home with clean and efficient gutters

Inventory shortages push homeownership further out of reach!

A lack of housing inventory continues to stifle the housing market, making it difficult for potential homeowners to get on the property ladder, according to the latest quarterly report from the National Association of REALTORS® (NAR).

Making sense of the story

·       The median existing single-family home price increased in 81 percent of measured markets.

·       The NAR report cited that 145 out of 1791 metropolitan statistical areas (MSAs) had gains based on closings in the fourth quarter compared with the fourth quarter of 2014.

·       There were slightly fewer rising markets in the fourth quarter compared to the third quarter, when price gains were recorded in 87 percent of metro areas.

·       “Without a significant ramp-up in new home construction and more homeowners listing their homes for sale, buyers are likely to see little relief in the form of slowing price growth in the months ahead,” said Lawrence Yun, NAR chief economist.  

·       The unshakeable trend of inadequate supply in relation to the overall pool of prospective buyers inflicted upward pressure on home prices.

·       As a result, homeownership continues to be out of reach for a number of qualified buyers in the top job producing, but costliest, parts of the country – especially on the West Coast and parts of the South.

·       The report also stated that the national median existing single-family home price in the fourth quarter was $222,700, up 6.9 percent from the fourth quarter of 2014.

Read the full story
http://www.housingwire.com/articles/36250-nar-inventory-shortages-push-homeownership-further-out-of-reach

Supporting Cupertino Bay Club Squash Tournament 2016

I was proud to be associated with Cupertino Bay Club in sponsoring their first tournament for the year 2016 and supporting the kids! All the kids played really well and it was a well organized event!
Its all about giving back to the community!!

Cupertino Diwali Festival/Mela on Oct 17th, Saturday!!

Come visit me at ManuRealEstate booth at the Diwali festival this Saturday, October 17th , Saturday at the Memorial park in Cupertino from 10-5pm! Come for Kids fun games, Prizes, Raffle and much more fun goodies !! So, come visit my booth and bring in your real-estate questions/queries for a meet and greet tomorrow at the Diwali Festival. See you all there!

For details: contract me at 408-834-0313 or visit me at www.manurealestate.com or click the link below.



Cupertino Chamber of Commerce | Events Calendar

CEEF 5K run this Saturday Aug 29, 2015!! Come join the run and support your schools!!

CEEF's first ever 5K run is getting inaugurated this Saturday Aug 29th at Memorial park, Cupertino. 
The run is to raise money for our wonderful award winning Cupertino schools. Please register for the 5K event and if you haven't already, you can still participate and register at the venue!!
Its a great way supporting the schools and keeping fit!!
For more details visit their website at http://ceefcares.org
Also, Manu Real Estate is a gold sponsor of the event. Always supporting the Cupertino schools. I'll be there personally at the booth to answer any of your real estate questions. Please do visit me for FREE goodies!!
So, see you all this Saturday Aug 29th at the memorial Park!!

Super hot listing, Cupertino top schools and amazing neighborhood!!

I have a wonderful new listing with top notch Cupertino schools in a very desirable Cupertino neighborhood. Stevens Creek elementary, Kennedy middle and Monta Vista high. All 900 plus API!! 

Excellent 4 bedroom 3 bath, 2420 sq ft corner house has a great open floor plan and a huge 10410 sq ft lot!

The house boasts of double pane windows, separate living and family room, copper plumbing, bathrooms with dual sinks, central heating and cooling, pull down movie screen, Solar panels, Indoor laundry room.

Minutes away walk to top notch Stevens Creek Elementary and Varian Park.

Dream backyard perfect for family to entertain and relax with with spacious Patio, swings and pool! Terrific location with easy access to 280, 85, shopping and dinning.

Come visit me at the Open House this weekend Aug 15th (saturday) 1:30pm-4:30pm and Aug 16th(sunday) 1:30pm- 4:30pm
Listing price: $1,989,000

For Virtual tour:

http://www.tourfactory.com/1396573

MLS Link:

http://search.mlslistings.com/DE.asp?ID=4846087958

Freddie Mac: Hybrid ARM's are the most popular loan product!

Hybrid adjustable-rate mortgages continue to be the most popular ARM loan product offered by lenders and chosen by borrowers, according to the 31st Annual Adjustable-Rate Mortgage Survey of prime loan offerings from Freddie Mac. Here's an interesting read http://on.car.org/1uGXNqt

How To Win In A Competitive Real Estate Market

Do you want to be a successful buyer or seller in this competitive real estate market? We have often heard stories recently of someone who missed out on his dream home because of multiple bidding situation or stories of sellers where they accepted an offer but in the end the transaction fell through. Here are few suggestions to facilitate smooth transaction and avoid some common pitfalls.

For the Buyers:

Currently, all Bay Area home are selling with multiple offers. In addition to offering strong price, they can use some of these tactics to improve their chances of becoming a home owner.
1. Work with an agent you trust who has the skill to negotiate effectively and can address all your questions and concerns.
2. Find out what the sellers is looking for in addition to price. Is it rent back, is it faster close? To the extent, try to honor these desires in your offer.
3.Get yourself " Approved" not just pre- approved for a credible lender for more than the offer price. This will allow you to make a stronger offer by going non- contingent on loan.
4.Develop a " winning team" of both a realtor and lender. Realtor will get you in contract and lender will make sure you get the keys to your house!
5. Be motivated and Committed.
6. Have deposit money and down payment funds readily available. Review and sign all reports and disclosures and submit with your offer.

For the Sellers:

1. Credibility and reputation of the buyers agent.
2. A buyer who is represented by a skilled, trusted agent who writes a clean offer and can take you all the way to an effective close of escrow.
3.Check on buyer's motivation for purchasing the property.
4.Solid financial backing by a credible lender. A good listing agent can check with buyers lender by asking key questions to get an idea on buyers financial credibility.
5. Percentage of down payment to purchase the price. Is there enough room to cover an appraisal that may come at less than purchase price.
6. If the contract contains contingencies, are the contingency period as short as possible. Is there an appraisal contingency? How does the buyer plan to complete escrow if the appraisal price is less than the sale price?
7. The length of the escrow.
8. Fully signed and acknowledged Disclosure package.

As these suggestions illustrate , in a competitive real estate market its much more consider than just the offer price. You need a trusted and skilled Realtor. Call me for Free market consultation and services I offer to get you a winning outcome.

Top 20 Most Expensive Zip Codes In Silicon Valley

Well....no surprises here! Atherton in San Mateo county ranked #1 in the list with a median sale price of $3.9 million. Click on the link to see the full list. The 20 Most Expensive Zip Codes In Silicon Valley
If you are interested in buying or getting more information on any of these zip codes,you can schedule a complimentary consultation meeting with me. Visit me at www.manurealestate.com

Home Staging Can Help Sell Home For More!

Home Staging, an important Do's when putting your house on the market. It does influences how buyers values the property and helps them show a true potential of the house which they might not be able to do it on their own. An interesting read on how spending little money on staging can help increase the value of your house!
http://www.realtor.org/news-releases/2015/01/home-staging-can-help-sell-home-for-more-realtors-say#sf7138468

Why Everyone Is Talking About Mortgage Rates

Borrowing costs got even cheaper for home buyers and refinancers this week, as mortgage rates continued to descend. The 30-year fixed-rate mortgage averaged 3.66 percent this week, the lowest weekly average since May 23, 2013, Freddie Mac reports in its weekly mortgage market survey. What's more, the 15-year fixed-rate mortgage dropped below 3 percent, also for the first time since May 2013.

For more information click on the link below.

Why Everyone Is Talking About Mortgage Rates

Manu Real Estate at Sunnyvale Diwali Mela- Oct 16-Oct 19th 2014

Supporting the Bay Area Indian Community at the Sunnyvale Diwali Mela.

I will be there to meet and greet at the Sunnyvale Temple Diwali Mela from Oct 17th- Oct 19th! Come visit me at booth # 32 to talk real-estate, enjoy some fun games and to win prizes!! Here are the details of the event http://www.sunnyvale-hindutemple.org/pdf/diwalimela_2014.pdf
As the part of the Diwali Mela there would be Cultural Programs, Antaakshari, Special Events, Special program for children, Authentic India Food Stalls, Merchandise Stalls, Celebrities from India would be performing. Don't miss out on the fun and enjoy the Diwali festivities!

ManuRealEstate booth at the Cupertino Diwali Festival tomorrow

Come visit me at ManuRealEstate booth at the Diwali festival tomorrow ( saturday sept 27th) at the Memorial park in Cupertino from 10-5pm! There's Raffle to be won every two hours! Gifts include Target, Macy's and Amazon gift cards.  All you have to do to enter is "Like" ManuRealEstate page by logging onto your Facebook account! There will also be "Spin A Wheel" for kids and plenty of prizes to be won by them! So, come visit my booth and bring in your real-estate questions, queries for a meet and greet tomorrow at the Diwali Festival. See you all there!

Listing Alert!! Beacutiful home with Top Cupertino schools!!

Don't miss out on a beautiful 4 bed, 3 bath with top Cupertino schools listed for $1,388,000.  It has Lynbrook High rated #12 top high school in the country!
Come visit me at the Open House today from 1:30-4:30 pm at 6305 BANCROFT WAY, San Jose 95129. One of the very few with 4 bedroom this week!

Are you getting your home appraised?

Here are 10 important Factors in Your Home Appraisal to keep in mind that could make or break the deal for you!
1) Curb Appeal
2) Neighbors and 'Hoods
3) Structurally Sound and Sealed 
4) Aging Well or Poorly
5) Timeless or Outdated
6) Beds and Baths
7) Appliances and Temperature
8) Improve or As Is?
9) Being Compared
10) Know the Market
Click on the link below for more information.
http://bit.ly/1q7X1E4

Montclaire Elementary 5K Run - All for the kids!

Montclaire Elementary part of Cupertino school district is having its annual 5k Run to support raise money for the kids. Its open to public and is happening on September 28th. The 100% of the proceeds will go towards providing excellent education to Montclaire kids! I'm one of the proud sponsorer of the event and is also doing a raffle for the runners.

Doing my bit in supporting the kids and the schools. Always. Urging everybody in the community to sign in for the good cause. For more details, please click on the link below.

http://eepurl.com/0r22z