Offer Pricing

November 14, 2008 · Lee Ginsburg · 2 Comments

I have several buyers very confused. They offered the asking price for a Daly City home but were outbid by $50,000. This is not supposed to happen in a today’s buyer’s market. The low price is a marketing tool and not a realistic list price. I explained before making a purchase offer, buyers must determine the true present market value. http://www.pruvoices.com/2008/10/what-is-market-value/ Read more

Halloween Foreclosed House

November 13, 2008 · Shokoofeh Nowbakht · 2 Comments

I know Halloween is over, but I just remembered to share the photo of an interesting and very creative costume with you. As you know our San Bruno Prudential participated in giving candies out to children at Serramonte and Tanforan Malls as before on Halloween. It was a lot of fun. I saw the “Foreclosed House For Sale” walking and just had to ask him for a picture. The turbulence in housing market has affected many aspects of our lives, including our holidays. I wonder what kind of real estate Christmas ornaments we will see this year.

Who is the winner in today’s real estate market?

November 6, 2008 · Dean Rizzi · 3 Comments

The First Time Buyer….

They are buying homes today that don’t have inflated equity…
They don’t have to wait for their home to sell…
They have sellers willing to pay their closing costs and buy-down already good interest rates…
They are in the first “Buyers” Market in nearly 8 years… Read more

Pricing Homes to Sell in the Bay Area

November 2, 2008 · Lee Ginsburg · 2 Comments

Pricing homes to sell. Please note I said “To Sell” not just “For Sale”. Correct Pricing in today’s Bay Area’s Real Estate Market is more important than ever. To review market value please check out, http://www.pruvoices.com/2008/10/what-is-market-value/ Overpriced homes do not get viewed. They remain on the market for a long time, become stale and even after chasing the market with price reductions usually sell below market value. Buyers think something is wrong with it; the sellers are frustrated and desperate. Read more

Opportunity Knocks

October 29, 2008 · Florie Vasquez · Comment here

What an exciting time this is. Full of opportunity, yet challenging. It is imperative to do your homework. Line up all your ducks… Remember it can take upwards of 45-60 days to get loan approval. Timing is essential. It would be wise to start the ball rolling and get pre-approved for your loan. Avoid any hiccups standing in the way of your dream when you have found the perfect home. At years end conforming loan limits will decrease and it could end up costing you more money to borrow the same amount. Take advantage, opportunity is knocking, answer the door.

10 Reasons to buy a home in San Bruno

October 28, 2008 · Karin Cunningham · 3 Comments

I wrote something like this before but it’s been awhile! I am partial to San Bruno because I live here and my office is here as well, Prudential California Realty, San Bruno. My kids go to school within walking distance from our house, my office is only 8 blocks away, the corner store is 4 blocks away, and if we need to go San Francisco, it’s only 10 minutes away! So that would be the number one reason to buy a house in San Bruno because a home near San Francisco is desirable because a lot of people work there and don’t want a long commute, so…. Read more

What is Market Value

October 28, 2008 · Lee Ginsburg · 1 Comment

To determine pricing first one should determine present market value. When assessing residential property four major factors account for I’d say about 75% of the value:

Location · Living area size · lot size· condition/renovations of the property.

Other factors that come into play are the number of bedrooms, baths, bonus areas, in-law potential, color scheme, floor plan, pool, fireplace, single or multi story, attached or not plus more. Read more

Don’t Get Caught with a Bad Agent

October 26, 2008 · Terry Birt · 1 Comment

If you are in the process of selecting a real estate agent to represent you in the sale of your home, or in the purchase of your home, you owe it to yourself to be very selective on who you choose to represent you.