Mountain View Townhouses rising since bottom in 2010

May 21, 2012

Mountain View Ada Ave Townhouses have been rising since their bottom in 2010. Here are charts that illustrate this.

City of Santa Clara “Road Diets” on Pruneridge westward toward the New Proposed Apple Campus

December 10, 2011

City of Santa Clara “Road Diets” on Pruneridge westward toward the New Proposed Apple Campus

Posted under: General Area in Santa Clara, Traffic & Public Transportation in Santa Clara, In My Neighborhood in Santa Clara | December 10, 2011 12:00 AM

The City of Santa Clara has completed implementation of its “Road Diets” on Pruneridge and Monroe. These so-called “Road Diets” are the cities roadway lane reductions from 4 through lanes down to 2 through lanes with a two-way center left turn lane on Pruneridge Avenue from Pomeroy Ave to Lawrence Expressway and westbound Monroe from Scott Blvd to Los Padres Blvd. The City of Santa Clara has also “road dieted” Pruneridge Ave from Lawrence Expressway westward to Tantau Ave to connect new bicycle lanes to existing bicycle lanes in the City of Cupertino.

Road diets become feasible when streets operate at less than 50% of the capacity they were originally designed to carry. For instance, Pruneridge Ave was two lanes in both directions but the traffic was fairly quiet west of Pomeroy and west of Lawrence, so the city decided to reduce those sections of Pruneridge to just one lane in each direction.

West of Pomeroy, motorists can pull into the new center two-way left turn lane and wait for a gap in the traffic before completing their maneuver. Unfortunately, no such center lane exists east of Pomeroy. Therefore, parents who drop off their Eisenhower Elementary kids at the tennis court have a harder time now to turn left out of the tennis court parking lot. With the old arrangement of two lanes in each direction, parents only needed to wait for a red light at Pomeroy to turn left onto Pruneridge Ave. Now that the city has reduced the westbound lane to a single lane, the line of cars at a red light at Pomeroy now often stretches far past the tennis court exit. Parents now have no choice but to wait until they finally have a courteous drivers heading west on Pruneridge who is courteous enough to let them onto Pruneridge.

The city trumpets these changes as positive, stating that having only one lane of conflicting traffic as opposed to the original two lanes, makes it easier to see whether backing out of a driveway is safe.

In conclusion, we’ll have to wait until the new Apple campus takes shape and is functional before judging whether these recent changes to Pruneridge Ave were good or bad.

Posted by Robert Real Estate (408) 596-3188 at 12:01 AM

Labels: 2011, Area, December 10, General, neighborhood, Public Transportation, Santa Clara, traffic

How is Real Estate treated when considering Child’s Eligibility for Financial Aid?

November 20, 2011

How is Real Estate treated when considering Child’s Eligibility for Financial Aid?

If you have a child entering or in college, then this is an important question.

From the FinAid SmartStudent Guide(TM)to Financial Aid “Real estate is normally treated as an investment asset, not a business asset, unless it is part of a formally recognized business that provides services beyond utilities and trash collection, such as maid service. However, incorporating a business and transferring the real estate to the business bypasses this restriction, since a corporation is a separate legal entity. When combined with the small business exclusion, this can cause real estate to change from being reported as an investment asset to being entirely excluded from assets.”

Real estate is a good investment. It’s better to make money than lose money. Obviously, it doesn’t make sense to really lose money just for the sake of getting more financial aid. However, what you can legally do is consider the timing and the mix of you cash, assets, etc and whose name they are under. In general it’s better if you the parent and/or the grandparent owns the assets rather than your child. Delay putting assets in your childs name until late in their junior year in college after you’ve filed your last application for financial aid.

Also, spend your cash, don’t save it. Don’t buy anything you wouldn’t buy, but if it’s something you eventually need to buy and/or pay, then do it during the student financial aid years. If your car is getting old, then buy it now rather than waiting until it’s really old. If you have lots of cash, should you purposely spend it by buying investment property? Yes, if it’s a good investment property. No, if it’s not a good investment property. If you do buy investment property, then consider the strategy I mentioned earlier that can cause real estate to change from being reported as an investment asset to being entirely excluded from assets for financial aid purposes.

Disclaimer: This post is just to give you some ideas. I am a REALTOR not a lawyer. Please consult legal counsel for professional legal advice.

Posted by Robert Real Estate (408) 596-3188 at 10:35 AM

New California Real Estate Laws Coming 2012: Water-Conserving, Mining, No Fee Bundling for HOA Disclosures

November 17, 2011

Three New California Real Estate Laws Coming in 2012 are:
1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures
2. Senate Bill 110: NHD Companies Disclose Mining Operations
3. Assembly Bill 771: No Fee Bundling for HOA Disclosures

In more detail:
1. Senate Bill 837: Sellers Disclose Water-Conserving Plumbing Fixtures
Effective January 1, 2012, the Transfer Disclosure Statement (TDS) will include a check-box in Section A for the seller to disclose whether the property has water-conserving plumbing fixtures (e.g. low-flow toilets, shower heads, and faucets under section 1101.3 of the California Civil Code.

2. Senate Bill 110: NHD Companies Disclose Mining Operations
Starting January 1, 2012, any natural hazard disclosure (NHD) must disclose whether the property is located within one mile of a mining operation, according to the map coordinate data from the Office of Mine Reclamation.

3. Assembly Bill 771: No Fee Bundling for HOA Disclosures
The HOA cannot bundle the fee for providing required HOA disclosures with any other fees, fines, or assessments. This law will prevent an HOA’s third-party document preparation company from bundling together both mandatory and non-mandatory HOA documents and charging a higher fee for providing ALL the documents.

Also, the HOA is prohibited from charging any additional fees for electronic delivery. These must be available to a requesting party if the HOA maintains the documents electronically.

Additionally, at buyer’s request, the HOA must provide 12 months of approved minutes of the association board of directors meeting.

Delivery of the required HOA documents must be accompanied by a cover sheet itemizing the documents.
Posted by Robert Real Estate (408) 596-3188 at 8:14 PM
Labels: 2012, Bundling, California, Coming, Conserving, Disclosures, Fee, HOA, Laws, Mining, new, No, Real Estate, water

Backyard Tropical Paradise in Blossom Valley

November 12, 2011



Eisenhower Elementary (Cupertino Union School District) Wide Map and Traffic Maps

September 25, 2011

Eisenhower Elementary (Cupertino Union School District) Wide Map and Traffic Maps

Trulia crime map takes a long time to load

August 23, 2011

A new beta feature on Trulia are crime maps. I’m sure they are working on improving it, but right now this feature takes quite a long time to load.

Trulia crime map

If you would like neighborhood crime stats, you are better off either calling me so I can look them up for you or refer you to someone who can.

Apple’s New Campus could cover a part of Pruneridge Avenue

July 25, 2011

Apple’s huge 12,000 employee new campus could erase part of Pruneridge Avenue, splitting the remaining portions in two.

Steve Jobs spoke in the Cupertino City Council chamber on June 7th to announce the plans for Apple’s new state-of-the-art campus in Cupertino on the site of what is now Hewlett-Packard. Job’s slideshow presentation showed the site before and after. Pruneridge Avenue disappears once the gigantic ringed campus moves in.

The current HP campus is bounded by N. Wolfe and Homestead Roads and Pruneridge and N. Tantau Avenues. Pruneridge cuts through the middle of an area surrounded by what is now almost all Apple property, except for the Hamptons Apt Homes.

The Hewlett-Packard site is on the corner of Pruneridge Ave and N. Wolfe Road. Last year, HP announced it would combine its Cupertino operations with its Palo Alto campus. Apple purchases the land in late 2010. HP expects to move out completely by 2012.

Apple wants to break ground in 2012 and move into the new campus in 2015. The Infinite Loop campus near De Anza and 280 will continue to house its 2,600 employees.

Apple now owns 180 acres in Cupertino in and around the proposed new campus, according to the city. Cupertino Mayor Gilbert Wong says the project could get its first public hearing during a planning commission meeting in fall 2012.

Summer Program for Sunnyvale Kids Ages 6-12

July 21, 2011

The City of Sunnyvale offers a summer program for Sunnyvale kids ages 6-12. The program runs from Mondays-Thursdays from 2pm-5pm. This program is only suited for parents who can pick up their children before or by 5pm sharp. They have a strict “Late Parent Pick-Up Policy”. Summer 2011 started back on June 20th and ends August 12th. Let me know if you want me to remind you about this program next summer (408) 893-2410.

June 2011 Real Estate Report for Santa Clara County

June 8, 2011

June 2011 Real Estate Report for Santa Clara County