Archive for December, 2011

Nice 4 bd., 2 bth., 16,500+ sq. ft. lot.

1291 Bonnie View Drive, Hollister: A completely remodeled, 4 bed. & 2 bath home on a 16,500 sq. ft. lot!

Watch the VIDEO Tour of this nice home.  You’ll note that nearly everything, even the plumbing, has been redone.  Have you heard the term: “turn key“?  This home is it.  Just put in the key and move right in.  There is virtually nothing left to do.

The wide side yard access to the huge back yard provides endless possibilities: A large garage/workshop, toy barn, pool etc. could easily fit into this back yard.  In the VIDEO you can see what the neighbor did with his same sized lot.

From this home you are less than a quarter mile from Hwy 25′s extension for an easy drive to Gilroy‘s Premium Outlet Center and CalTrain for a convenient commute.  Schools, shopping and medical facilities are within walking distance.  Veteran’s Memorial Park with its 5 baseball diamonds, skate park and picnic area is also just a short walk.

As close as this home is to everything, Bonnie View Rd. is not a through street so there is little traffic.  It is a quiet neighborhood.

This is NOT a short sale or bank owned sale. You will deal with the actual seller and can expect to close in a matter of weeks.

For your own personal tour of 1291 Bonnie View Rd. just call/text or e-mail me and I will arrange it for you.

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Manufactured Homes: Good Investment?

The term: “Manufactured home“  includes two types of homes: Mobile Home and a Modular Home

Mobile homes are delivered to the sight on their own axles and wheels and generally have the wheels remain in tact.  It is not real property and you pay the DMV vehicle taxes on it.

Modular homes are pre-built homes which are delivered to the lot on flatbed trucks, hoisted onto a permanent foundation and bolted down.  Therefore the Modular home becomes ‘real property’ because it is affixed to the land.  You pay regular property taxes on a Modular home, according to Prop. 13, as you would on regular, or, “stick-built” homes.

The value of the Mobile home is generally less than that of a Modular home.  Financing of such a home is not nearly as attractive as that of a Modular home.  There tends to be fewer lenders wiling to lend on a Modular home than a traditional “stick-built” home. However, those that do, typically offer comparable rates and fees to that of traditional homes.

We (under my “Community West Mortgage hat”) are one of those lenders who lend on Modular homes.  Why not call or e-mail me for more details?

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