Who’s playing at San Mateo’s 2015 Central Park Music Series?

The  2015 Central Park Music Series Begins Thursday June 25th 6pm!

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This year the Central Park music series begins with the legendary local reggae band, Native Elements, who will open the 2015 summer concerts in the park. This year’s line up has a little bit of everything from Reggae to Country and a sprinkle of Huey Lewis as well as Swing to Salsa.  Below is a list of the performers and the concert dates. Have a great time at the events and I hope to see you there!

2015 Band Line Up

Emotional Buying?

To say the real estate market in San Mateo over the last two or three years has been a very emotionally taxing on the buyers and sellers is an understatement. Referencing the numbers in the chart above clearly show properties are consistently averaging 108% of the list price and selling in 10 to 14 days! Buyers are trying to figure out how much will it take to get this property. Sellers are trying to make sure they get the best offer terms/price. If sellers miss this opportunity and take the wrong offer, it could cost thousands! Both parties are feeling concerned about making the best deal. How do both sides walk away from the negotiating table feeling good about the deal?
Some tips:
· First, don’t get emotional about the property or the process. Over the many years in my career, I have worked with clients who negotiate for a living (i.e. attorneys, CEOs, business owners) and I have witnessed them focus on swing sets, drapes, washer/dryers etc. which are items with personal value therefore they become products of dispute. This may make you lose focus on other concessions that will ultimately get you the home you want or the price you want. Look at the item not just by what it cost, look at reason why the person may want it or why you want it. You can separate yourself from your competition without spending extra cash.
· Second, don’t fall in love with the deal or the property until escrow is closed. Things change quickly. New houses come on the market, loans change, interest rates move and sometimes people change their mind. Being able to see the process as a way to get what you want in the long run, the house or the best sales price will keep you in the drivers seat and happy at the close of escrow.
I’ll share an example. I had a client back in 2009 that was in escrow to buy a condo that was being sold as a short sale for $490k. After a few weeks he thought the bank was taking too long with their process, he told me he felt the bank was “jerking him around until they got a better offer” so he canceled the transaction. The market started to pick up not too long after he and still has not bought a home in San Mateo. A property just like the one we had in escrow just sold for over a million dollars.
Patience is a virtue but specifically in this wild market.

 

Looking for remodeling ideas?

https://stevedroz.realscout.com/categories/luxury-bathrooms

One of my clients was looking for ideas to help with their bathroom remodel. I sent them this  LINK for ideas. They enjoyed it so much I thought I would share it with you. The property in the photo above is located in Atherton and is currently listed for sale, the asking price is $14,950,000. If you would like to schedule a viewing please contact me. I hope you enjoy these beautiful homes.

Christmas Keys!

I have always enjoyed giving gifts during the holidays, this was the best gift I have ever given on Christmas Eve!

Do you have room for your extended family at your house?

Nir pearlson river road exterior2 via smallhousebliss

 

City planners in Redwood City are in the beginning stages of making the process of putting a In-Law unit in a single family home a little easier.

As our population on the peninsula ages having a place for extended family to live that is close to loved ones and affordable is becoming a bigger issue. As we try to find ways to care for our parents and keep them close to home making a place for them in our home or in our backyard is becoming the preferred way to go.

Adding one bedroom/one bath units in a basement or open area in a oversized garage is one way to go. It’s usually less expensive and easier to get the city cities approval for one of these options if your home will accommodate the addition.

Adding a cottage or In-Law in your backyard is the more expensive, time consuming and more difficult way to go. Get a cities approval for the plans is very time-consuming, costly and at times frustrating. With all that said, the privacy advantages of having a separate unit makes adding a cottage the most sought after way to add the extra living space.

Finding a contractor, an architect and going through the red tape involved to get your project done is a very daunting process and not for the faint of heart.

A couple of weeks ago I saw a presentation from New Avenue. New Avenue is a company that takes care of the process of building what they like to call accessory dwellings from start to finish.The units appear to be very well thought out and constructed. When done the units will add to the value of your home and give you the added living space for your family member without giving up your privacy.

For more information about in-law units and ideas from New Avenue click HERE

 

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