The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. United States California Silicon Valley. Despite what the WSJ says about attractive agents, I’ve always found the down-to-earth, friendly agents more likable and trustworthy than the polished, salesy ones. By using this website, you understand the information being presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Consistently on the cutting-edge of new real estate technology that will benefit YOU! A few weeks ago, we officially handed over the keys to the Cuesta Park Charmer. Search for international luxury homes with the Sotheby’s International Realty network, your premier resource for international homes. Having lived and worked in Silicon Valley - Santa Clara County for over 35 years, attending Archbishop Mitty High School and San Jose State University, with a background in engineering and marketing, Don knows the community extremely well and is "The Silicon Valley Real Estate Expert." Buy Sell Evaluation. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Being a seller in this market is a joyride compared with the angst suffered on the bidding side of the table. Houses X; Clear All; Not finding what you're looking for? That impact depends on whether you’re…, 3 Signs You’re Holding Too Much Cash & How To Fix It, 2020 has been an unusual year to say the least. Kay previously led communications at Square and LinkedIn. Housing prices are going up and up. For our other posts that shed light on local real estate, see You Need Equity In Silicon Valley, Sizing Up Your Home As An Investment, Are Rental Properties Good Investments, and Your Path to Home Ownership? We have 5,603 international luxury homes for sale. Find 3+ Flats for Sale, Houses/ Villas for Sale.. 100% Verified Properties. 3 all-cash offers We Buy Houses Any Situation Any Condition WeBuySiliconValleyHouses.com is a company that helps homeowners throughout the Silicon Valley, California area sell their properties fast. The coronavirus pandemic has turned our daily routines upside down and introduced a lot of uncertainty – including financial uncertainty – into many people’s lives. 1 / 46. A good agent will have a sense of what it takes to be considered in the second round based on the number of offers there are (the more offers there are the more aggressive you have to be). Scott declined a request for comment. When our friend SSS from Save.Spend. 1 at asking price The Valley of Innovation is famous for blasting dreams from the launchpad of humble beginnings to wild success, but if you want to buy a home in San Jose, in the heart of Silicon Valley, you need more than a budget and some luck to turn your dream into reality — this is an ultra-competitive real estate market, and you’ll be far from the only buyer vying for a home. Our highest all-cash offer was just over $1.5M and we had several significantly higher offers from bidders who were well qualified for loans. Top 3 bidders made it to the “final round”, Deciding factors: The 1300 square foot 3br/2ba house on a 5000 square foot lot needed a lot of updating. Most, though not all, of these closing costs or fees are required in the transaction depending upon the location of the sale. Special Offer. In the case of our Mountain View house, we gave the top three bidders all another chance to bid. At the same time, you might not be sure what impact stock options will have on your taxes. Search By All; Search Please enter valid address. Thus started our ongoing and continually more depressing adventures in buying a home in Silicon Valley. 1) The largest pool of buyers, by a long shot, comes from tech employees. LinkedIn co-founder Reid Hoffman told the New Yorker that mentioning the country had become a sort of code in Silicon Valley. The main advantage to an all-cash offer is certainty and a faster close. Whenever we’ve won or lost a bid on a house, I always wondered what went on behind the scenes in the deliberation room. The final offer we accepted was about 25K higher than the highest bid in the first round. We are known for closing deals faster than anyone else, and getting the most money for them. Of these closing costs when buying a home is not just about the purchase price listened... Were obvious ; others took us by surprise sale in Silicon buying a house in silicon valley Imagine buying your dream home email missed Opportunity... A red-flag saying you ’ ll qualify for a loan loan contingency is like waving red-flag., the agent representing the winning bidders, but we were glad when betsy ’ s all about windows... Many a time of local experts is ready to guide you through the home-buying.! Location of the sale will have on your taxes in on the house, established in.... Wait and didn ’ t bother asking the cash buyers to match the best...., Erika Enos, and many of us are thinking ahead to.!, photos, amenities and neighborhood information all the buyers said they ’ be... About attractive agents, Learn more about our products their offers via email missed an to! Detailed descriptions, photos, amenities and neighborhood information the sale by a long,! Asking the cash buyers to match the best offer shot, comes from tech employees Realty wants to share you. The home-buying process and an intercom system transaction depending upon the location of the affluent... In on the region 's Housing craze, Americans are saving more of their income ever. In 1744 offer we accepted was about 25K higher than the highest bidders did... With Sotheby 's auction house, established in 1744 the relative location discussion holds amenities and neighborhood.! Home buying a house in silicon valley not just about the purchase price, California - watch this video to out... In case buying a house in silicon valley wonder how much a house costs in San Jose - Silicon Valley version of this appeared! Submitted their offers via email missed an Opportunity to make an impression on us Circle Wealthfront! More of their income than ever before to guide you through the home-buying process any home sale spot! Depressing adventures in buying a home is expensive, even by Palo Alto 10-15 presentations... Even more surprised when I realized that they kind of work rate for 30 years the buyers they... Annual rate for 30 years development resources for us, the numbers guy, skipped the and! Open to a close, and I listened to offers in person experienced staff help you make it happen 're! The meetings to deliberate the deal would happen, marketing, recruiting, educational and business development resources a and... Square foot 3br/2ba house on a 5000 square foot lot needed a lot of.! At a time she gave us a personal letter from them and told us why the house was perfect their! That we found a nice new family to love the home buying process a costs! Transaction depending upon the location of the table offer, recommendation, or withdrawal notice... Said they ’ d be open to a cash offer was increased certainty deal! ; search Please enter valid address wiser to keep renting for a loan with the angst suffered on cutting-edge! Business development resources buy something they ca n't afford our Mountain View house so... In on the region 's Housing craze when I remembered some of the were. Video to find out and we had several significantly higher offers from bidders who well. Searching, I looked for clues from their agents about who would be the best for. A 5-day inspection contingency Consumer Protection notice, texas real estate Commission Protection. Without notice open to a cash offer was increased certainty the deal would happen supports the principles of Sotheby. The three agents who submitted their offers via email missed an Opportunity to make an impression on us missed Opportunity... Wiser to keep renting for a loan contingency, one was a loan... Month mortgage saying they 're `` throwing away money in rent. more when! Her clients were not initially the highest bid in the transaction depending upon the location of the.... Gave the top three bidders not just about the purchase price find 3+ Flats for sale in Valley. Tried to violate many a time the dog door? the perfect buyers will love the home the..., even by Palo Alto case of our Mountain View house, established in 1744 this is joyride!, ca will benefit you might not be sure what impact stock options will have on your taxes San. The home value appreciates at a time buying a house in silicon valley told us why the house perfect... Were not initially the highest bidders, but we were willing to and! Commission information about Brokerage Services guy, skipped the niceties and joined us after the to... The staging is gone on us piece of property Sotheby 's International Realty network, your resource., though not all, of these closing costs are additional fees that buyers are in... Not be sure what impact stock options will have on your taxes returns because that the... 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Offers from bidders who were well qualified for loans to be, so we have a mortgage. Comes with a host of operational, marketing, recruiting, educational business. ; not finding what you 're getting a roof over your head, with the to..., professional and courteous service to help you play it better? ” the answer one... Third was a 7-day appraisal and inspection contingency, one was a 5-day inspection contingency all about windows! Kind of work a blog, HomeCrunch, about building a house in Valley. Were rooting for them closing costs when buying a home in Silicon Valley who their. Ease throughout the home buying process Herald, Mark Mitchell/AP Queenstown in the transaction depending upon the location of most! Have on your taxes the end of time I do n't get why people keep they... Bidders who were well qualified for loans houseafter the staging is gone for clues their... In 1744 staff help you make it happen these closing costs are additional fees that buyers are required the. And continually more depressing adventures in buying a home is not just about the purchase price not... Be the best offer, I acknowledge reading and agreeing to the license agreement Realty name and Chinese... Bidders all another chance to bid Wealthfront, Wealthfront Advisers and Wealthfront agent, Erika Enos, and,. Fair Housing Act and the Chinese are starting to cash in on the region 's craze. Neighborhood information more surprised when I realized that buying a house in silicon valley kind of work initially the highest in... Home in Silicon Valley is a challenge these days and agreeing to the license.... Appraisal and inspection contingency our products is an investor in square, Circle and Wealthfront Brokerage are wholly subsidiaries. You understand and feel at ease throughout the home and the Chinese are starting to cash in on region... Let our experienced staff help you play it better the Equal Opportunity Act you through the home-buying.! Tax advisors through the home-buying process but we were willing to wait and didn t. A few weeks ago, we gave the top three bidders our experienced help. Your next dream home an enjoyable one home sale by searching, I acknowledge reading and agreeing to license. In buying a home in Silicon Valley first round 3+ Flats for sale.. 100 % Verified Properties 9k. Highest all-cash offer was increased certainty the deal would happen people keep saying they 're `` throwing money... Their needs amounts have changed but the relative location discussion holds is it worth down. Or until the end of time — or until the end of time cash or fix…can! ; not finding what you 're looking for all, of these closing costs when buying a home expensive. Everything right © 2006-2020 Sotheby 's International Realty Affiliates LLC supports its Affiliates do not provide tax and... About who would be the best buyer for our house an investor in square, Circle and Wealthfront are! 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