Sujata Homes

We all know it, 2020 has been a year! With the trust of my clients and support of my loved ones, I was able to be named as one of the top producers this year a...t Intero Almaden. This was a great note to end the year on and excited to continue to grow with Intero in 2021. Thank you once again for this lovely gift basket with a delicious and thoughtful Italian feast for us all to celebrate with!

JUST LISTED! 217 DUTRA VERNACI DR UNION CITY. 3bed / 21/2 bath over 1,877sqft. Beautiful two story home in great Foothill Glen location, near Bart & Freeways. #SujataRampur #Sujatahomes #realestate #JustListed #Intero #realtor #Sanjose #Bayarea #california #northerncalifornia #siliconvalley #estates #sujatahomesrealestate #homestaging #homeforsale #houseforsale #openhouse #negotia #negotiationskills #Eastbay #Bart

A sunny recipe for a sunny month!

Virtual school is changing home buyer needs!! Kids need their own spaces, and parents want them to have them!

Thank you to all of my clients and my family who have been supporting me! Feel very Blessed and greatful!! #Sujatarampur #Sujatahomes #realestate #Intero #realtor #sanjose #bayarea #california #northerncalifornia #siliconvalley #estates #sujatahomesrealestate #homestaging #homeforsale #houseforsale #openhouse #negociationexpert #SantaClaracounty #Alamedacounty

Coming in strong with our Top 10 Agents for the month of August! Way to go team!! #InteroAlmadenBlossomValley

Two Reasons We Won't See a Rush of Foreclosures This Fall! The health crisis we face as a country has led businesses all over the nation to reduce or discontinue their services altogether. This pause in the economy has greatly impacted the workforce and as a result, many people have been laid off or furloughed. Naturally, that would lead many to believe we might see a rush of foreclosures like we saw in 2008. The market today, however, is very different from 2008. The concern... of more foreclosures based on those that are out of work is one that we need to understand fully. There are two reasons we won't see a rush of foreclosures this fall: forbearance extension options and strong homeowner equity. 1. Forbearance Extension Forbearance, according to the Consumer Financial Protection Bureau (CFPB), is when your mortgage servicer or lender allows you to temporarily pay your mortgage at a lower payment or pause paying your mortgage. This is an option for those who need immediate relief. In today's economy, the CFPB has given homeowners a way to extend their forbearance, which will greatly assist those families who need it at this critical time. Under the CARES Act, the CFPB notes: If you experience financial hardship due to the coronavirus pandemic, you have a right to request and obtain a forbearance for up to 180 days. You also have the right to request and obtain an extension for up to another 180 days (for a total of up to 360 days). 2. Strong Homeowner Equity Equity is also working in favor of today's homeowners. This savings is another reason why we won't see substantial foreclosures in the near future. Today's homeowners who are in forbearance actually have more equity in their homes than what the market experienced in 2008. The Mortgage Monitor report from Black Knight indicates that of all active forbearances which are past due on their mortgage payment, 77% have at least 20% equity in their homes (See graph below):Two The high level of equity provides options for homeowners, policymakers, mortgage investors and servicers in helping to avoid downstream foreclosure activity and default-related losses. Bottom Line Many think we may see a rush of foreclosures this fall, but the facts just don't add up in this case. Today's real estate market is very different from 2008 when we saw many homeowners walk away when they owed more than their homes were worth. This time, equity is stronger and plans are in place to help those affected weather the storm. Call me if you have any questions -408-914-8279

Is a Recession Here? Yes. Does that Mean a Housing Crash? No. On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the Bureau defines a recession this way: A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economi...c activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion. Everyone realizes that the pandemic shut down the country earlier this year, causing a significant decline in economic activity. Though not surprising, headlines announcing the country is in a recession will cause consumers to remember the devastating impact the last recession had on the housing market just over a decade ago. The real estate market, however, is in a totally different position than it was then. As Mark Fleming, Chief Economist at First American, explained: Many still bear scars from the Great Recession and may expect the housing market to follow a similar trajectory in response to the coronavirus outbreak. But, there are distinct differences that indicate the housing market may follow a much different path. While housing led the recession in 2008-2009, this time it may be poised to bring us out of it. Four major differences in today's real estate market are: Families have large sums of equity in their homes We have a shortage of housing inventory, not an overabundance Irresponsible lending no longer exists Home price appreciation is not out of control We must also realize that a recession does not mean a housing crash is will follow. In three of the four previous recessions prior to 2008, home values increased. In the other one, home prices depreciated by only 1.9%. Bottom Line Yes, we are now officially in a recession. However, unlike 2008, this time the housing industry is in much better shape to weather the storm. Call me if you have any questions -408-914-8279

#1 Financial Benefit of Homeownership: Family Wealth While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a forced savings plan. When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the home. So, what exactly is equity? The equity in your home is the amount of money you can sell it for minus what you still ...owe on the mortgage. Every month you make a mortgage payment, and every month a portion of what you pay reduces the amount you owe. That reduction of your mortgage every month increases your equity. A recent study by CoreLogic explained that homeowners gained substantial equity over the last twelve months, and are essentially sitting on large sums of cash in their homes. In the study, Frank Nothaft, Chief Economist for CoreLogic explained: The CoreLogic Home Price Index recorded a quickening of home price gains during the fourth quarter of 2019, helping to boost home equity wealth. The average family with a mortgage had a $7,300 gain in home equity during the past year, and a total of $177,000 in home equity wealth. For most families, their home is their largest financial asset. This increase in equity drives the net worth, or family wealth, of the homeowner. Renters are not earning that benefit. Instead, they’re building the net worth of their landlord. Bottom Line Home price growth will moderate during the pandemic. But once a cure is available, most experts agree that home values will again begin to appreciate at levels similar to what we’ve seen over the last several years. In the long run, our family elders will be proven correct: owning a home is a savvy financial move.

Congratulations to Laurel & Jake on the purchase of their home in #MorganHill ! Very happy for you both and Wishing you tons of happiness in your new home. #Sujatarampur #Sujatahomes #realestate #Intero #realtor #sanjose #bayarea #california #northerncalifornia #siliconvalley #estates #sujatahomesrealestate #homestaging #homeforsale #houseforsale #openhouse #negociationexpert #SantaClaracounty #Alamedacounty Call Sujata for your Real Estate Needs... 408-914-8279 See more

An Another Great Review From My Client! Thank you Jake & Laurel!! Date: April 11, 2020 ... To Whom It May Concern, When we met Mrs. Sujata Rampur, we had just begun casually considering selling our townhome to upgrade to a larger single-family home, however we had no idea where to start and the task seemed out of reach and very complicated. Sujata was so friendly and easy to talk with that we saved her business card for when the time was right. A month later we found our we were expecting and suddenly the time seemed right, thank goodness for Sujata! With her expertise in the area and knowing what buyers want (to help us with a quick sale) she helped us navigate the selling process of our townhouse, coordinating an interior update for new floors, recessed lighting and painting which helped us sell in one weekend with multiple offers! Her amazing negotiating skills saved us time and money on the upgrades and her listing price strategy was exactly what we were looking for. She was honest, always available for us and very calm and patient with us throughout the daunting task of selling our first home (while preparing for a new baby). She also was an excellent resource in helping us find our new home! She got to know exactly what we were looking for (even when we weren’t even sure what we were looking for) and found us the most amazing house in a great school district. Again, her amazing negotiating skills and network of team members helped us secure our new home quickly and within our budget. Apart from her professionalism and vast knowledge of the real estate industry, Sujata is warm, friendly and so kind. Her caring is truly authentic, and we always felt she was working in our best interest. We would highly recommend choosing Sujata as your agent as you will receive her full attention and will always receive a quick reply at any time of the day or night! --Laurel and Jake

Congratulations to Praveen & Janani on the purchase of their home in #Fremont ! Very happy for you both and Wishing you loads of happiness in your new home. #Su...jatarampur #Sujatahomes #realestate #Intero #realtor #sanjose #bayarea #california #northerncalifornia #siliconvalley #estates #sujatahomesrealestate #homestaging #homeforsale #houseforsale #openhouse #negociationexpert #SantaClaracounty #Alamedacounty Call Sujata for your Real Estate Needs 408-914-8279

What If I Need to Sell My Home Now? What Can I Do?

4886 Indian River Dr. San Jose Sold in one open house, with multiple offers! Call me to find out about more details. Sujata 408-914-8279

Recommendation, Referrals and off course closing make my Day:) Thank you Harsh & Minal! Date: April 8, 2020 We've known Sujata Rampur since 2015 when she helped us buy our first home. She's very proactive and pays attention to all your real estate related needs. She's one of the hardest working individuals we've met and works day and night to ensure that each one of her client receives utmost personal attention.... In 2020, we decided to sell our first home and move into a single family home with a great school district and neighborhood. Before listing our first home, she had extensive consultations with us and went over the entire home selling process in detail. We agreed to many of the upgrades she recommended. Sujata followed up with all the contractors involved to ensure that the work was done with the highest quality. She and a few of our friends helped in staging our home. We were able to sell the home after a single open house. Sujata's amazing negotiation skills helped us to sell it for a great price! In the meanwhile, we had started looking for a single family dream home. Sujata's great knowledge of the housing market conditions and multiple neighborhoods in the Bay area helped us set accurate offer prices and provided insight into condition of properties. She helped us stay positive during difficult times. In the end, we were able to find our dream home and buy it for negotiating the price we could afford. Sujata had to spend hours meeting and calling all the parties involved in the home buying process before and during the escrow period. She educated us every step of the way and made our home buying experience very smooth. We highly recommend Sujata for any of your real estate related needs! Best regards, Harsh & Minal #realestate #Sujatahomes #SujataRampur #Intero #realtor #sanjose #bayarearealestate #californiarealestate #lovewhatido #negotiationskills #HappyBuyers #HappySellers

Just Sold!! 1101 Weepinggate Lane, San Jose. Sold in 4 days, with multiple offers!! if you are thinking about selling your home, Call Sujata at 408-914-8279.

Just listed!! I will be holding the open house Tomorrow Saturday the 3-7th & Sunday 3-8th from 12:00 to 4:00 PM. Send your buyers or come with your clients.... 4886 Indian River Dr. San Jose 95136 Here is the Virtual Tour link- https://virtualtourcafe.com/tour/3051304 Beautiful townhouse located and Deer Run Community, ready to move in condition. Welcome to first time home buyers and Investors. 3 Bedrooms 2.5 Bathrooms 1,452 Square Feet Bright updated unit Big size Patio Good location in the complex Master bedroom with walking closet Specious attached two car garage Lot's of storage Visitor paring Swimming pool/Hot Tub Sauna Close to Walking trail Convenient location to all major freeways, shopping, schools etc. LOW HOA $370 per Month Asking price $759,888.