Halloween Foreclosed House
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?
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
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
Visiting Homes in the Rain?
I just got back from hosting an Open House in Burlingame. It’s a beautiful house but it was pouring rain outside, so needless to say, not too many people came through. With that fresh in my mind, I thought I would write a quick blog about why it might be a good idea to view a home when it’s raining.
Opportunity Knocks
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
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
Who is responsible for the expense of a new fence?
Who is responsible for the expense of a new fence? It can be negotiated between the buyer and seller at the time of sale. If you’ve owned your home and your fence needs to be completely redone, it could be discussed between neighbors and each could contribute if they want a finished look on their visible side. Though it may be the responsibility of each owner to contribute to the cost of a fence, neighbors are not always willing to contribute to that responsibility. When we bought our house it had a fence that was partially functional. By partially, I mean that the very back section of the fence was new and sections of the side fence were “original” (kind for dilapidated. Read more
What is Market Value
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
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