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Atherton Estate For Sale With Discounted Price

Atherton Estate For Sale With Discounted Price

Yes, it is true.  A high end luxury estate in Atherton is priced to sell and has recently lowered the asking price.  The estate has three buildings on it – main home, guest house and office/artists studio for a total of over 6,200 square feet of living space.  This home is great for extended families, has a beautiful pool with slide, parking for 8 cars, and a large lot with fruit trees and sitting areas.  The main home is centered around the open floor plan of the combined kitchen and family room areas where your family will congregate around meals or entertaining.  Bedrooms are all generous in size and have their own bathrooms for that “suite” feeling and privacy.

The home has been reduced by almost $400,000 to sell quickly and the new asking price is $3,495,000.  Lindenwood Estate homes are in demand and this luxury estate is priced to sell.  Great Menlo Park schools and close proximity to public transportation and freeways.

Call me for a private showing or if you need any more information.

Time To Buy An REO? New Policy by Fannie Mae Could Help!

Time To Buy An REO? New Policy by Fannie Mae Could Help!

Are you in the market for a bank owned property?  Have you tried in the past to get in on a deal, only to be stuck in an eternal timeline of paperwork and waiting on the bank for answers?  Well, mortgage giant Fannie Mae is unhappy about the mounting thousands of REO houses it’s stuck with and is now moving to sell off that inventory faster than it has in the past, potentially opening up some interesting opportunities for home buyers and their agents.

In a new policy announcement, Fannie says it will now accept purchase offers for its REO immediately after listing, without notifying lenders or mortgage servicers whose loan files are under review.

Under its previous policy, Fannie gave lenders and servicers fifteen days to find a better purchase offer for new REO they sent to the company following foreclosure.

That policy affected all repossessions where Fannie demanded the loan file on the house – potentially exposing errors in underwriting or servicing, and requiring reimbursement for losses by the lender.

But that policy also had a negative impact on Fannie’s ability to move its REO ‘s out the … Continue Reading

My Contact Information

Gary Kurtz
949.565.5201
gkurtz@homgroup.com
BRE# 01710776

Kathy Kurtz
714.394.2676
kathyk213@aol.com
BRE# 01876966

HOM Sotheby's International Realty
1200 Newport Center Drive, # 100
Newport Beach, CA 92660

949.565.5201 (cell)
949.478.7769 (office)
650.796.5507 (Silicon Valley #)

Contact me now with any questions:
gkurtz@homgroup.com

Kurtz Real Estate Group




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Real Estate Insider Video Show

Alain Pinel Realtors Silicon Valley

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We at Alain Pinel Realtors have been releasing high quality videos that give buyers a feel for different areas. Today, we released the Silicon Valley video. Take a look. If you are looking for luxury real estate all along the Peninsula and Silicon Valley in areas such as Los Altos, Saratoga, Monte Sereno, Palo Alto, […]

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Menlo Park Monthly Real Estate Sales Figures for October 2011

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Menlo Park Monthly Real Estate Sales Figures for October 2011

The average sales price of a home in Menlo Park fell 7.8% for the month of October 2011 compared to October 2010.  The total number of sales for both periods were similar, which is good news, but the home prices were a little lower than expected.  The surprise number is that the average price per […]

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Prices Still Rising In Orange County

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Why So Many Chinese Buyers in Palo Alto and Along the Peninsula?

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Why So Many Chinese Buyers in Palo Alto and Along the Peninsula?

Everybody reads about the large supply of Chinese buyers who are buying homes here along the Peninsula.  There are many agents, one prominent one who we all know and now has a plane to fly his Chinese buyers around, who target the Chinese buyers very heavily.  Buy, why are there so many Chinese buyers and […]