Million Dollar Home Owners Have Other Choices
Million Dollar Homeowners Have More Choices.
I was out to dinner the other night and both couples living in million dollar plus neighborhoods were speaking about homes in their area priced high but never sold. Instead the sellers rented them for big bucks.
Million Dollar homes have not been severely affected by depreciating values. Why?? You might ask. They do not have to sell. That is why!!! Quite a few people sell because they are relocating or are having trouble making the payments. Either way million dollar home owners often have the income or savings to maintain the payments even if they have to relocate. They are in desirable areas and could demand rent that will make their mortgage payments. They might have family members whom can help them. In 2007 these homes maintained and even increased in value. This year they are certainly slowing down. You know the Real Estate Mantra of Location, Location, Location. These million dollar plus homes are valued that way because they have location, location, location and are always in demand. Read more
10 Reasons you should NOT buy a house in 2008!
1. You don’t feel like taking advantage of GREAT opportunities while prices have stabilized.
2. You enjoy renting over owning your own home.
3. You believe in buying HIGH and selling LOW rather than what experts suggest which is buy low and sell high. Duh!
4. Your accountant told you that you have enough tax write offs.
5. You don’t believe you can build equity if you buy at the bottom of the market. Read more
Tips for a future Landlord
Wow…have you seen the prices of Real Estate lately? The home prices are at a low, as well as interest rates, making home buying much more affordable. It this the right time to go out and buy a home as an investment? Quite possibly. Let me break down some pros and cons of buying investment property. Read more
“Bouncing Along the Bottom”
Last month I attended the Inman Real Estate Conference at the Palace Hotel in San Francisco. It was so cool because I got to listen to different panels of experts talk about the state of the real estate market, new and improved real estate technology, and a lot about blogging and websites. Read more
10 Reasons to use a Mortgage Broker
1. Simply put, Mortgage Brokers will save you TIME and MONEY!
2. Brokers are driven to find you the best rate, your bank’s goal is to provide another service to you.
3. You can tell brokers everything, and they’ll present your information to the lender in the most favorable light; once you tell your bank something that’s not in your favor, it’s too late to take it back Read more
San Bruno, San Francisco Alternative – Vegetarian Friendly City
San Bruno – I call it San Francisco alternative for several reasons. Besides very affordable housing, it is a incredibly vegetarian friendly city. Down Town San Bruno or more specifically “The Avenue” has several restaurants which serve varieties of vegetarian as well as vegan foods. Whether you’re craving Chinese, Japanese, Mexican, Indian, Mediterranean or Italian, you will find a place to grab a fabulous meal to enjoy.
“Can I really buy a house at the mall?”
This question was posed to me as I sat at our Prudential kiosk in the Serramonte Mall. I was caught a little off guard. “Well, sort of…” was my awkward response. The amiable woman followed up with another question, “So, can I just buy a house here like a pair of shoes and then return it if it doesn’t fit?” We had a nice laugh together over that one.
San Bruno Concerts in the Park 2008
Friday Evenings
6:00pm
San Bruno City Park
Aug. 1 The Sun Kings (Beatles Tribute)
Aug. 8 Busta Groove (Party and Dance Music)
Aug. 15 The Refugees (Tom Petty Tribute)
Aug. 22 Stompy Jones (Swing and Jumping Jazz)
Aug. 29 Night Fever (Dance Music)
Photo taken from www.sanbruno.ca.gov
If you haven’t been to San Bruno’s August concerts in San Bruno Park, then you don’t know what you’re missing! This is a great opportunity to meet San Bruno people, see friend’s from school or the neighborhood, and relax.
Children are invited. Families and friends bring dinner or snacks. We lay out big blankets to sit on and enjoy the night away. The weather is always pleasant until the sun goes down so it’s best to bring along some sweatshirts!

