Soaring 20 foot tall ceilings,
Loads of natural light from large windows,
Indoor laundry with washer and dryer included,
Close to High-Tech, Santa Clara University, Caltrain, Santana Row
Easy access to major freeways.
Low Santa Clara utilities.
If interested, call Robert (408) 893-2410.
Thursday, September 17, 2015
$2695 / 1br - Live in a Hip Unit with Soaring High Ceilings, Convenient to Caltrain (santa clara)
Sunday, August 9, 2015
POINT knows that in 10 years, home prices will be MUCH higher
POINT knows that in 10 years, home prices are likely to be even higher, significantly. That's why they are so eager for you to give up a portion of your home ownership and gain from your home's price appreciation.
Page1:
"Point is automatically paid its share of the property's value when you choose to sell." This is a great deal for Point because they know you'll only sell if your property INCREASES in value.
"If you don't sell, you buy back the fraction you sold us after 10 years." Point chose 10 years because they know that its overwhelmingly likely that the cost of homes will be significantly higher after 10 years. Past history has shown that even if homes initially drop, after 10 years the gain is likely to have overtaken that initial drop and result in a significant net rise in value.
Even more dangerous is your home could appreciate so much in those 10 years that you can't afford to buy back the portion that you gave away to Point. You might be forced to sell your house just so you can pay back Point.
"Point is perfect for homeowners who want to access their home equity wealth..." by reducing their home equity percentage ownership.
"...without the burden of more debt and more monthly payments." because they gave up a portion of their ownership.
Page2:
"...without borrowing and incurring new monthly payments." Even worse than borrowing so you can continue to own, you give up a portion of ownership in your home.
"Point pays its homeowner a tax-deferred lump sum of up to $200,000." so instead of your getting a tax BENEFIT from your interest payments, you do the reverse and pay MORE tax.
"If the property is not sold, the homeowner can repurchase the fraction that Point owns after 10 years." They mean the homeowner is FORCED to repurchase that fraction. However, after 10 years, home will likely COST MUCH MORE, so you will pay MUCH MORE 10 years from now.
"...whether Point makes money is dependent on how much your property appreciates." which it likely will significantly after 10 years.
" ... limited to homeowners in specific California counties and communities." i.e. only California counties that APPRECIATE in value and cost, such as Silicon Valley!!
Page1:
"Point is automatically paid its share of the property's value when you choose to sell." This is a great deal for Point because they know you'll only sell if your property INCREASES in value.
"If you don't sell, you buy back the fraction you sold us after 10 years." Point chose 10 years because they know that its overwhelmingly likely that the cost of homes will be significantly higher after 10 years. Past history has shown that even if homes initially drop, after 10 years the gain is likely to have overtaken that initial drop and result in a significant net rise in value.
Even more dangerous is your home could appreciate so much in those 10 years that you can't afford to buy back the portion that you gave away to Point. You might be forced to sell your house just so you can pay back Point.
"Point is perfect for homeowners who want to access their home equity wealth..." by reducing their home equity percentage ownership.
"...without the burden of more debt and more monthly payments." because they gave up a portion of their ownership.
Page2:
"...without borrowing and incurring new monthly payments." Even worse than borrowing so you can continue to own, you give up a portion of ownership in your home.
"Point pays its homeowner a tax-deferred lump sum of up to $200,000." so instead of your getting a tax BENEFIT from your interest payments, you do the reverse and pay MORE tax.
"If the property is not sold, the homeowner can repurchase the fraction that Point owns after 10 years." They mean the homeowner is FORCED to repurchase that fraction. However, after 10 years, home will likely COST MUCH MORE, so you will pay MUCH MORE 10 years from now.
"...whether Point makes money is dependent on how much your property appreciates." which it likely will significantly after 10 years.
" ... limited to homeowners in specific California counties and communities." i.e. only California counties that APPRECIATE in value and cost, such as Silicon Valley!!
Labels:
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equity,
fraction,
home,
lump sum,
ownership,
payments,
Point,
repurchase,
Tax,
tax-deferred
Tuesday, June 16, 2015
House For Sale (Cupertino Schools. Sunnyvale Convenience) 1084 Rembrandt Drive
Cupertino Schools. Sunnyvale Convenience.
Quiet street yet in the heart of Sunnyvale and Silicon Valley with easy access to El Camino Real, Downtown Sunnyvale, Ranch 99, and New Vallco shopping, restaurants, and services. Easy commute in all directions with multiple routes available to 280, 101, 85, and 237.Cupertino Schools. Stocklmeir Elementary. Remodeled kitchen with LED lighting, Quartz counters, stainless steel appliances, large cabinets for max kitchen storage with pull out drawers for easy access. Vertical tray cabinet for easy accessibility and dual slide out cabinet rack for pots and pans. Quiet close drawers. 15 inch peninsula overhang for added comfort and counter space. Kitchen wired for another decorative ceiling light. Under sink filter. New breaker box and electrical wiring. Gas fireplace. Gas outlet for BBQ. Living room wired for speakers. Central Heat/AC. Wood blinds. Large Master suite with walk-in closet and jet tub. Bay window in living room. Hardwood floors. Dual pane windows throughout. Semi-secluded front patio area. Private backyard with fruit garden (strawberries, blueberries, raspberries, pink lemonade blueberries, artichoke, pluot, plum, and guava trees.
This house is not on the MLS. To see photos, check them out on craigslist:
http://sfbay.craigslist.org/sby/reb/5072671200.html
Robert Lei
REALTOR®, e-PRO®Century 21 M&M and Associates
10420 S. De Anza Blvd
Cupertino, CA 95014
Direct: (408) 596-3188
Thank you for your Silicon Valley real estate referrals
CalBRE # 01716389
Facebook: https://www.facebook.com/CaliforniaBayAreaRealEstateRobertLei
Blog: http://siliconvalleyhouses.blogspot.com/
Sunday, June 14, 2015
Mission Garden townhomes in Rivermark are just within the attendance area for Don Callejon School
Mission Garden townhomes in Rivermark currently fall just within the attendance area for Don Callejon School.
The yellow balloon marks the location of 4522 Saint Palais Place, a desirable 2-level Mission Garden townhome.
The yellow balloon marks the location of 4522 Saint Palais Place, a desirable 2-level Mission Garden townhome.
Santa Clara shrinks attendance area for Don Callejon School (SJMN 12/14/10)
Santa Clara shrinks attendance area for Don Callejon School
Settling an emotionally charged issue that had consumed them for 18 months, Santa Clara Unified School District trustees redrew the attendance area for popular Don Callejon School, a change that will send about 160 students to neighboring Montague Elementary next school year.
More than 500 people answered an online poll about attendance areas, and more e-mailed and called the administration, he said. The district also held three community forums and convened an advisory group about boundaries.
The 15,500-student Santa Clara Unified district is in the midst of a growth spurt, fueled by families with children moving into the district and by new construction in the Rivermark and River Oaks areas east of Highway 101 and in central Santa Clara.
Stavis said Montague Principal Eric Lewis is working on a transition plan, "so we'll make the move as smooth as we can."
Contact Sharon Noguchi at 408-271-3775.
Don Callejon School Attendance Boundaries
Source: Don Callejon website
Don Callejon School serves children in grades Kindergarten through 8th grade who live within the boundaries defined below:
These updated boundaries were approved by the Santa Clara Unified School District Board of Education at the board meeting on November 9, 2010.
Students who live outside these boundary areas may be able to attend the school through the open enrollment program of the Santa Clara Unified School District, if space is available.

As depicted on the map, the following housing developments fell inside the K-8 attendance boundaries of Don Callejon School when these boundaries were adopted:
- North: Hope Drive
- East: Lick Mill Boulevard (South of Garrity Way) and Guadalupe River (North of Garrity Way)
- Southeast: Moreland Way and Harrigan Drive
- Southwest: Agnew Road
- West: Lafayette Street
These updated boundaries were approved by the Santa Clara Unified School District Board of Education at the board meeting on November 9, 2010.
Students who live outside these boundary areas may be able to attend the school through the open enrollment program of the Santa Clara Unified School District, if space is available.
Map of Attendance Boundaries
On the map below, the K-8 boundaries for Don Callejon School are indicated by the yellow line. This map does not indicate the additional attendance areas for students in grades 6-8.As depicted on the map, the following housing developments fell inside the K-8 attendance boundaries of Don Callejon School when these boundaries were adopted:
- Archstone
- Mission Gardens
- Mission Place
- Mission Terrace
- Rivermark
- Arbors
- Glen
- Greens
- Landings
- Park
- Promenade
- River Town
- Sobrato
Current Street Directory
To find which schools currently serve a particular address, please refer to the District's Street Directory.Desirable 2-level Mission Garden townhome in Rivermark
Desirable 2-level Mission Garden townhome in Rivermark with a bedroom and full bath downstairs. Formal living with high ceilings; New laminated floors; Custom design draperies; Gourmet kitchen w/granite slab countertops and stainless steel appliances; Family room open to kitchen; Loft upstairs is great for an office; Spacious master suite w/spa bath & large walk-in closet; Upstairs laundry room; 2 car garage. Community pool & kid's play area. Near Rivermark & Don Callejon school. Easy commute to high tech.
Beds: | 4 |
Baths (F/P): | 3 (3/0) |
Apprx.Sqft: | 2,077 SqFt (Tax) |
Apprx Lot: | 2,614 SqFt (Tax) |
Apprx Acr.: | 0.06 Acres (Tax) |
Age/Yr B.: | 9/2006 (Other) |
Labels:
Don Callejon,
Mission Garden,
Rivermark,
townhome,
townhouse
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