PruCalVoices is a real estate blog supported by Prudential California Realty located in San Bruno, California and www.PruCal.com
PruCalVoices is a real estate blog supported by Prudential California Realty located in San Bruno, California and www.PruCal.com
Many people have always asked, “Should I rent or should I buy?”. My answer, it depends… Each person has their own situation and their own plans for their future. I have always wanted to own my own home and have therefore belived it is better to buy then to rent. Have I rented before, of course I have. Some people may not plan on staying in the same area or not know if they will or not.
With the recent market activity in the area I service, the rental market has slowly continued to raise and become more expensive while the value of homes have come down over the past years and have made buying more affordable. The interest rates combined with the lowering of home values provide an even stronger argument for home ownership.
Under what circumstances would it be better to own? Under what circumstances would it be better to rent? Lets look at some of the reasons for each case. Read more
A mortgage is often refered to as the amount paid for real property monthly. It is a loan that is secured by real property through the huse of a mortgage note. Most commonly a loan is gotten through a bank, either directly or indirectly through intermediaries. Features of mortgage loans such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan, and other characteristics can vary considerably.
There are many types of mortgages used worldwide, but several factors broadly define the characteristics of the mortgage. All of these may be subject to local regulation and legal requirements.
Interest: interest may be fixed for the life of the loan or variable, and change at certain pre-defined periods; the interest rate can also, of course, be higher or lower.
Term: mortgage loans generally have a maximum term, that is, the number of years after which an amortizing loan will be repaid. Some mortgage loans may have no amortization, or require full repayment of any remaining balance at a certain date, or even negative amortization. Read more
The city of Daly City will be celebrating its 100 year anniversary on Tuesday March 22nd at City Hall, 333 90th Sreet. Daly City was born out of a small town known as Vista Grande 100 years ago. A color guard from the Daly City Police Department will make its debut, posting the flags of the United States, California, and Daly City to launch the celebration. Complimentary birthday cake will be served to honor Daly City on its milestone anniversary.
Click here for more information
Blog was provided to you by: Adam Chinn
Prudential California Realty your Home for Sale leader!
The San Francisco Giants World Series Championship Trophy is coming to Daly City from 11:00 a.m. to 1:00 p.m. on Friday, February 18, 2011. Giants fans can get an up-close view of the trophy when it comes to City Hall, 333 90th Street. This once in a lifetime opportunity is free to the public. Parking around the Daly City Civic Center is limited, so fans are encouraged to carpool or take public transit (SamTrans Route 121 stops at Edgeworth Avenue and 90th Street).
“For more than 52 years, our dedicated fans have supported us through thick and thin,” said Giants Managing General Partner and CEO Bill Neukom. “The trophy belongs to them as much as it belongs to us, and we want to thank our fans by extending the World Champions celebration throughout Giants country.”
Since this is a first for the Giants, they are not sure how many people will visit the trophy, but initial “viewing” parties were tremendously popular with fans. The Giants are going to do their best to accommodate everybody, but the lines will be managed on a first-come, Read more
Many people missed the federal housing tax credit that ended a few months ago at the end of April this year. I personally met a good amount of potential buyers that were interested in purchasing a home and according to them they were motivated by the possibility of receiving the federal housing tax credit. It seems that now that the tax credit is no longer being offered many of those people are no longer interesting in purchasing home or at least would like to wait a little bit longer. Why I ask?
During the time that the tax credit was offered, Jan 1st 2009 to may 1st 2010 the interest rates did fluctuate. From my research I found the interest rates were at a high of about 5.75% and a low of about 4.75%. During this period I’m not sure how many of the people who purchased homes were waiting for the rates to go down or if they were mainly focused on closing before the tax credit deadline, My guess is the latter. Read more
Daly City will be holding its Annual Spook Parade on October 30th from 12:30pm-3:30pm. It will be held at the Serramonte Shopping Center Court.
For more information check out the Daly City website here .
Written By Adam Chinn
Adam@Adamchinn.com
For anyone who is insured by California State Automotive Association (CSAA), there is a claim office open at the Lucky Store at Towne Center in San Bruno and also at the CSAA office on Hickey Blvd in Daly City.
Claim Number is (800) 922-8228
For CSAA’s website click here
Daly City will be having their 13th annual Business To Consumer showcase on September 11, 2010. It will be held at the Serramonte Shopping Center from 10am-4pm
For more information about this event, please visit this link www.serramontecenter.com.www.dalycity-colmachamber.org.WWW.Adamchinn.com
For other planned events check out,
Adam Chinn
