Buying a home in San Francisco? Why it’s crucial to get preapproved for financing before beginning the house hunt.

If you are buying a home in San Francisco, it is crucial to get preapproved for a mortgage before beginning the house hunt. Why? You'll know exactly what you can afford. Understanding your purchasing power and any limitations * is integral to an efficient, focused home search. Spend your time looking at homes you can afford to actually buy. By focusing on homes that meet your needs, you'll get a sense of market value for yourself and be able to make a smart decision as to which home to buy. … [Read more...]

I want to sell my current San Francisco home and buy another one either here in SF or in another area. How does this work? Is there a way to time it so I am not “in-between” homes? How do I know how much I can afford in my next home?

Question: I want to sell my current San Francisco home and buy another one either here in SF or in another area. How does this work? What is a good time line for buying and selling? Is there a way to time it so I am not "in-between" homes? How do I know how much I can afford in my next home? Answer: Whether you want to sell your home right away or just sometime in the next year, there are some simple things which, when done ahead of time, will increase your chances of getting the highest return … [Read more...]

What are the FHA Home Loan Limits for San Francisco Real Estate Purchases?

Currently, we are blessed to have increased conforming loan limits for San Francisco real estate purchases making FHA home loans a viable option for many SF home buyers. If you want to use an FHA home loan to purchase a property in San Francisco or San Mateo Counties with low down payment, the following is a helpful cheat sheet. Of course, you'll want to contact an experienced San Francisco mortgage broker to get the skinny on your individual situation. FHA Home Loan Limits for San Francisco … [Read more...]

How does a Buyer’s Agent get paid?

FAQ: How does a Buyer's Agent get paid for a typical San Francisco home purchase? Great question! 99.9% of the time a Real Estate Agent or Realtor representing a home buyer is paid through the seller's proceeds at the close of escrow. Yes, that means as a home buyer, you get our expertise, sound counsel, and most importantly, fiduciary duty to put your needs first for FREE. … [Read more...]

FAQ: Where can I look up my San Francisco property tax bill?

The Property Tax Person Cometh... For information on your property tax bill: view and print your bill, pay online, appeal your assessed value, etc etc, visit San Francisco's Office of the Treasurer. You'll find all the information you need! Want to estimate property tax on a listing you're interested in? 1.2% of the purchase price is a good, conservative rule of thumb. This is the annual amount, btw. For example, on a $900,000 home, the annual property tax will be about $10,800. … [Read more...]

The Process of Buying a Home in San Francisco

Winter Reading List The process of buying real estate, especially for the first time, can seem daunting and confusing. How does it work? Who do I talk to first? Should I locate the property and then find an agent to represent me? Do I need an agent? Why? What will it cost? Just like with everything else, education and information will make the experience both more successful and more comfortable. So, get educated! Read books … [Read more...]