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...]

Update: 555 Bartlett New Construction Condos Inner Mission San Francisco – FHA Approved for Low Down Payment

Quite update: The new condos at the corner of Mission, Cesar Chavez and Bartlett Streets known as 555 Bartlett are now FHA Approved! This means you can buy a new condo in the Mission with as little as 3.5% down payment. Add in the fact that we can (most likely) negotiate a credit for closing costs and you've got a very good deal on your hands. For example, right now I have clients buying a condo in San Francisco with a FHA home loan. They are putting down 3.5% of the purchase price as their … [Read more...]

555 Bartlett – New, Affordable Condos For Sale Inner Mission San Francisco

555 Bartlett - affordable new condos for sale in the Mission District of San Francisco is located on the corner of Bartlett, Cesar Chavez, and Mission Street. Recently, I had the privilege of a preview. After many years of "icky vacant lot syndrome," they are just about finished with construction. With prices starting in the $400,000s for new homes with parking in the Mission, I'd say these homes will sell fast. The location is, well, urban but totally convenient: BART, Muni, Valencia … [Read more...]

The Nove – Gorgeous, Luxury New Construction Condominiums for Sale on Guerrero Street in Noe Valley Valencia Corridor

Recently, I had the opportunity to preview The Nove, brand new luxury condominiums for sale in Noe Valley, just off of the Valencia Corridor. Here's a random tid-bit for ya: I used to live next door back in my youthful, "renter-years"! Many of you have followed this plot of land located on Guerrero Street between 22nd and 23rd Streets as it was once the Palm Broker, then Flora Grubb Gardens, and now, oui, bien sur, Noe Valley luxury condos for sale. (What doesn't eventually become condo?) They … [Read more...]

The Mission District’s Union SF New Construction & Conversion Condo Project Now FHA-Approved for Low Down Payment Home Loan!

Hot tip: The Mission District's Union SF New Construction & Conversion Condo Project Now FHA-Approved for Low Down Payment Home Loan! The Union SF condo project is now FHA-Approved for low-down payment home loans. Purchase an awesome new construction condo in the Media Gulch part of the Mission District SF with a down payment as low as 3.5% down. Seriously, this is cool. Plus, act soon and you may also benefit from the Federal Tax Credit when you buy your first home in San … [Read more...]

Updated List of FHA-Approved Condos in San Francisco

UPDATE - CHECK OUT THE APRIL 2010 LIST OF SAN FRANCISCO FHA APPROVED CONDOS Pretty soon, there will be no more so-called spot-approvals for FHA low down payment home loans for SF condo purchases. So, if you want to buy a condo in San Francisco and don't have 15-20% down payment, you'll want to know which SF condos are approved for a FHA low down payment home loans. Here's an updated List of FHA-Approved Condos in San Francisco: 1151 SUTTER STREET CONDOMINIUM 4451-4455 MISSION STREET SF Blu … [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...]

New Listing! Bernal Heights Mid-Century Single Family Home For Sale

Coming soon! Bernal Heights Home For Sale. Asking $785,000. Bernal Heights, San Francisco is a fabulously friendly, diverse, family-friendly, dog-friendly, open-minded neighborhood. As a local Realtor, I know the area is not only an enjoyable place to live, but also a stable real estate investment. Bernal Hill, Cortland Avenue, Moki's Sushi, Sandbox Bakery, Holly Park, fitBernalfit, Piqueo's, Bernal Yoga, Good Life Grocery, Wild Side West, Stray Bar, Vino Rosso Wine Bar, Vega Ristorante, … [Read more...]

San Francisco Real Estate Market Is More Resilient. Here’s Why. And SF Market Update.

At the beginning of each new client consultation, I ask the prospective San Francisco home buyer or seller what they believe is going on in the local real estate market, whether they are thinking of a Bernal Heights single family home or a Mission Dolores condominium. Over the past 6 months, I have noticed a real shift in mentality. This is far from scientific research and more anecdotal, but it does seem like the public mood has improved. More buyers tell me that they feel we have already seen … [Read more...]

Update: One Hawthorne Designed By Our Client’s Firm, EHDD Architecture!

Here's one for the power of the blog! After blogging about Downtown San Francisco's latest luxury new construction condo, One Hawthorne, my client, friend and esteemed architect, Jennifer Devlin, let me know her firm designed this SF new construction condo. How cool is that? So, if you don't mind, I want to send a quick shout-out for this fabulous local San Francisco architecture firm EHDD. And don't forget that to get the best deal on a new construction condo purchase in SF, you'll want your … [Read more...]