Fresh on the market this week is this home in one of San Bruno's oldest neighborhoods, Huntington Park. This two-bedroom and two-bathroom home, located at 451 Chestnut Avenue, makes a great home for first time homebuyers and new families.
This charming home offers a panoramic view of San Bruno Mountain and the surrounding neighborhood. The home offers a large family room, formal dining room, living room with wood burning fireplace and eat-in kitchen.
The home has been upgraded with double-pane windows, and it features hardwood floors throughout.
This home is in move-in condition, and it is ready for you Offered at $499,000, this home is open Sunday from 2-4 p.m.
Also open this weekend is this lovely condominium at 5226 Shelter Creek Lane.
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Question of the Week
Q: Joe, we are currently trying to modify our loan with our lender. Our home is in default, and we have an IRS lien against our home that the bank says is stopping us from modifying the loan. What can we do? —Martha, San Bruno
A: Martha, it is possible to apply to the IRS to have them subordinate the lien behind your lenders. With the IRS lien in second postion, most banks will allow you to continue with the modification or short sale. Please be aware that banks today are proceeding with the foreclosure process as you work to modify the loan, so keep on top of the county records for a notice of default or trust sale, watch all your correspondence with the bank (and communicate with them!). The last thing you want to have happen is the bank foreclose on you while you are negotiating the loan modification or short sale.
For more information on the IRS lien subordination process, check out the IRS website.
Do you have a real estate question? Email me at JCapote@apr.com.
Joseph Capote is a Realtor with Alain Pinel Realtors. He also serves on the board of directors for the San Bruno Chamber of Commerce. He can be reached at 650-375-1111 or on the Web at www.SanBrunoViews.com.
