Tax Assistance Day
I received this information from one of my brokers, John Gieseker and thought I would share it…
State Senator Leland Yee has provided a program for middle to low income families to receive tax assistance. There will be special attention to those over the age of 60. Chuck Finney, San Mateo District Attorney of Consumer Affairs will be on hand to answer questions about identity theft, senior scams and provide information and forms related to consumer complaints.
I have spoke with Senator Leland Yee’s office who has told me to let everyone know it is important to call and make an appointment to secure the assistance provided. Please contact Suzanne Dunwell at 650 340 8840 ext. 25 to schedule your appointment.
Tax Assistance Day will take place on Wednseday March 25th from 9:00am-3:00pm, please click on the picture below for full details and contact info to schedule your appointment. Please pay attention to the “what you need to bring with you” box on the invitation, so you are prepared for your appointment.
The “Runaway Buyer”…
Just a quick post on a funny note… I have encountered a “runaway” buyer at two of my open houses in South San Francisco, two months apart from each other in two different neighborhoods. The first time I met her; she was so nice and friendly and seemed genuinely interested in the home. She said she liked it so much she wanted her husband to see it (he was waiting in the car). I didn’t think anything of it at the time, but once she went out to the car the husband slammed on the accelerator and took off down the street. I thought it was strange, but in this business nothing fazes me. It was about two months later Read more
SSF Real Estate becoming a competitive sport…
Get on your boxing gloves and jump in the ring, but don’t wait for the bell to ring or you’ll be knocked out of the competition. In the past few weeks homes in SSF have been flying off the market. I have been working with first time home buyers for about a month now that desperately want to purchase a home in SSF. They are solid buyers that have excellent credit and a good down payment, however they keep getting beat out on properties by all cash offers. The two most recent homes they bid on had a tremendous amount of activity. One had 18 offers and the other had multiple offers within a few Read more
STIMULUS PACKAGE – WHAT IT MEANS TO BAY AREA HOMEBUYERS?
Our Broker posted a blog yesterday about “STIMULUS PACKAGE, WHAT REAL ESTATE PARTS MEAN?” Since I am currently working with a few prospective first-time homebuyers, I thought I’d picked their brain during my follow-up calls after the blog was posted. In particular, I asked them “if the stimulus package is finalized and homebuyers will get the benefit of the $8K tax credit, is that a good incentive for you to buy a house now?” Read more
Millbrae Community Workshop
Last evening I attended a Millbrae NOW Community workshop. The meeting was open to the public and hosted by our city staff. The purpose of the workshop was to inform the community of its economic status, and what methods can be used to raise revenue for Millbrae’s’ vital services.
After hearing all the presentations, the conclusion was that the city does not have enough revenue to maintain its current services and is not building a surplus in our infrastructure which could be a huge liability if there was an emergency.
They were able to illustrate what cuts have been made by providing data on the sources of revenues and how it is distributed. It was demonstrated how the city was able to cut costs by sharing services, staff, and program budgets, such as fire and police with other cities, without impacting public safety. Read more
Open House TOOOOO Crowded ???
Last week I had a really busy open house. I don’t know if this is particularly good. I don’t know if I were able to answer everyone’s questions and concerns. I tried to respond a little loud so that everyone in the room would hear me. I didn’t always had a chance to greet everyone as soon as they walked in the door, or hand them a flyer soon enough. I don’t think the buyers like a too busy open house either. I have heard complaints from my clients that he couldn’t move in the hallway, couldn’t see the kitchen well enough, or didn’t get a chance to check out the garage as well as he wanted. Read more
Say Goodbye to an Old Friend
Since I have lived in Millbrae, my Saturday ritual consisted of a walk downtown to the farmers market, a trip to Starbucks and end up at Mervyn’s. When it was announced that Mervyn’s was closing, my initial response was “how sad” then my second thought was how long the building was going to remain empty. Read more
Loan, Gift or Partner to Help Children Buy A Home?
As parents we all love our children and only want to help them. In the Bay Area parents almost have to help with a down payment. Do you give your children a gift or a loan? Is it better to be a co-borrower with them? Maybe be partners. If you help one child, you have to help the others. California is a community property state and that creates other issues. It is difficult to bring it up but more than half the marriages wind up in divorce and gifting child money to purchase a home is possibly giving your child’s ex-spouse a very generous gift. Asking a child to sign a promissory note is not always comfortable. In many families Money is a “taboo” subject. I helped my son purchase a home with the idea he was to pay it back when he could. My wife and I always had a good relationship with my son so we did not see any need to have a signed document. Hope that does not come back to bite us. He got engaged a year later and married a short time later. Read more
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