San Bruno Eye Sore is about to Go
The Treetops apartments on Skyline and Sharp Park broke ground for renovation. (It’s about time)
I thought you would be interested.
7 years after being closed down, renovation will begin and is scheduled to be completed by summer of 2013.
for more information Click Here
http://www.mercurynews.com/san-mateo-county-times/ci_19731829
The San Bruno Ave. Caltrain Grade Separation Project is moving along. Can’t wait for completion.
Completion is scheduled for the end of this year. We’ll see.
for more information Click Here
http://sanbruno.ca.gov/pw_proj_current.html#streets
I will be hosting a Home Buying Seminar. If you are in thinking about buying I think you will find it quite helpful.
for more information Click Here
http://leesellsmore.com/RealtorWebPage?custompage_id=1567686030
Lee Ginsburg
Prudential California Real Estate
www.LeeSellsMore.com
What If My Offer Is Rejected?
Oddly enough, I get asked this question most often before clients write offers. This usually goes along with the fear of commitment or loss. Either way, clients are usually inquisitive of this before even writing an offer or deciding on what terms to offer.
If your inquiring about rejection before you write your offer, you should ask yourself how that would make you feel? Is this property your dream home, starter home, vacation home, investment? I think depending on where your interest lies with investing in that particular property will then come the answer to your question, “what next”?
If the outcome is not what you predicted or wanted then maybe you should ask your realtor why; what was the seller looking for in an offer? How can I learn from this to increase my chances of acquiring my next property of choice? Of course the best advice comes from those with their hands in the market every day so to speak! So….. don’t be afraid to ask your favorite realtor here at Prudential in San Bruno, ” WHAT SHOULD I DO?”
Lets get your best offer in first, then and only if we have to, will we deal with rejection TOGETHER:) Otherwise, BEST OF LUCK with your offer!
Bernadette Ramirez
Prudential California Realty
I WORK FOR YOU!
You can reach me @ 650-871-3639
It’s a Buyers’ Market for Real Estate Investors, too
Turn on any financial news program and at some point you’ll hear the experts extolling the virtues of diversification. Real estate, even through the market downturn, has long been considered a conservative, long-term strategy to growing wealth.
In fact, that very downturn has created a historic buying opportunity for potential homebuyers and investors alike. The combination of lower home prices across American and historically low mortgage rates, two essential factors that usually don’t trend in the same direction, have triggered a buyer’s market in many areas of the country. For real estate investors who want to rent their properties, this can make the difference in achieving positive cash flow sooner or right off the bat.
While some seasoned real estate investors make it look easy, to be successful, beginners should follow some basic principles. Read more
How to choose the “Best” real estate home loan.
Lee Ginsburg, top real estate agent with Prudential California Realty, shares his experince on how to choose the right real estate lender.
Lee Ginsburg
Your satisfaction is my success!
www.LeeSellsMore.com
Is it a Good Time to Buy a House in San Mateo County? Part 1
I recently posted a blog called “Is it a Good Time to Buy a House in San Francisco?”. Today,I would like to expand my suggestion to a different type and style of home altogether…a home in San Mateo County!
San Mateo County is made up of 20 cities that have their own individual characteristics AND real estate prices. The first place that people search when they are priced out of San Francsico but want to feel like they are living in “the City” is Daly City. Daly City is the very next town south of San Francisco. In many parts of Daly City you actually have awesome views Read more
What’s the difference between inspections and the”final walk-through”?
Inspections are the buyers right. You as a buyer have the right to inspect the home if your offer is accepted by the seller. This is your chance to find out as much about the property as you can. Depending on what type of investment you have in mind, would depend on what type of inspections you should get on the property. Areas, weather, years, all of these things need to be taken into consideration when deciding which inspections to do. Using your due diligence and inspecting the property is very much to the buyers advantage and at times to the seller as well.
The final walk – through is done at the very end of the transaction a few days before close of escrow. You can refer to your purchase agreement for future reference. You can find more elaborate information regarding the final walk- through in the section labeled “Final Verification of Condition” again, verbiage may vary depending on which agreement you use. The walk- through is used to solely verify the terms and conditions of the contract have been executed by all parties of the agreement. NOT to re-negotiate terms and conditions!
Remember, these terms are not always clear or at the very least create more questions, we are always here to answer any questions you have. As tech savy as we are these days its just silly not to ask when you can have the answer at your fingertips!
Bernadette Ramirez
www.BarForU.com
Happy Holidays!!! Look below for a special Holiday offer!!!
Do I Need An Agent?
I was at a recent home buying workshop and someone asked if she needs an agent.
In the Bay Area the buyer does not pay for the agent to help them find a home, help them negotiate; walk them through the process, etc. The buyer also does not pay the agent for helping them digest the comparable properties, or get inside information concerning the home or the comparables, educate them on the neighborhood, and more. The buyer never pays the agent anything. The seller’s agent pays the buyer’s agent for assisting them in selling the home, but the agent has a fiduciary duty and obligation to their client, the buyer.
So why wouldn’t you want someone to do all the dirty work, to bounce ideas off of, and to pick their brains with no cost to you.
Every transaction is different. The buyer’s agent does all of the above and more depending on each individual situation.
The most important task the buyer’s agent performs but hardly mentioned, is helping the buyer maintain their emotions. I have seen buyer’s get so excited about a home that they would pay anything for it. Well maybe not anything but more than necessary. A good agent will protect the buyer by making them see reality. On the other hand they might be offended by the seller’s response and might react by cancelling the transaction or respond negatively and blow the deal. An agent is the buffer.
An agent will help the buyer see through the seller’s messy home to see the bones and layout of the home. An agent will keep the buyer focused on the purpose of buying a home, facing reality and prevent them from getting sidetracked. I remember helping a newly married couple with a baby purchase their first home. They liked the well decorated home in a not so good area. They were not familiar with the area. They were prepared to write an offer and I did not want to discourage their enthusiasm. I suggested on the way home we drive by again. We did and they calmed their emotions and changed their thoughts on their own. Read more
Is it a Good Time to Buy a House in San Francisco?
People love San Francisco! It’s a diverse city with tons of character and charm. Its real estate appeal attracts people from all over the world! It hasn’t always been easy to purchase a home in San Francsco because of its sky high prices but things have changed! For example, you can buy a home in the Sunset/Parkside or the Mission District for around $500,000+.
The City is an awesome place to live. I know this because I grew up in the Sunset where the streets are wide and Ocean Beach is our backyard. Contrary to belief, there is actually plenty of parking for those who own their own homes in San Francisco. Houses come with garages and driveways and if you lived in the Sunset like me, there was always places to park on the street. Not true when you live downtown or rent an apartment and there are some people who don’t even bother owning a car in the City because there is a bus stop on almost every corner!
Rents are still high in San Francisco so if you want to live there, it would make sense to buy at this point and time. If you put 3.5% down on a house that’s $500,000 ($17,500) your payment would be $2,300 per month. That’s a 30 year fixed with a 4% APR. That’s not including property tax or PMI but it would be around the same amount as renting!
There are other deals to be found in San Francisco as well! There are smaller houses that require a little handy work for $400,000 in some areas like Visitation Valley and Silver Terrace or you can buy a very cool 2 bedroom condo in the Ingleside or Diamond Heights for the same price!
Anyways, there is always something for someone in San Francisco and if you can’t find exactly what your looking for, then let me tell you about the San Mateo peninsula but that’s another blog!
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Recent Posts
- San Bruno Eye Sore is about to Go
- What If My Offer Is Rejected?
- It’s a Buyers’ Market for Real Estate Investors, too
- How to choose the “Best” real estate home loan.
- Is it a Good Time to Buy a House in San Mateo County? Part 1
- What’s the difference between inspections and the”final walk-through”?
- Do I Need An Agent?
- Is it a Good Time to Buy a House in San Francisco?
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