Shokoofeh Nowbakht

How much does it cost to make an offer?
October 2, 2008 · · Comment here

“How much does it cost to make an offer,” my first time home buyer asked.  Nothing, but you do need to write a check for up to 3% of the purchase price, made out to a title company of your choice. This is the “earnest money,” or “good faith money.” This is not a down payment, but just a deposit to secure the offer or contract to show how serious the buyer is. In the simplest words, by default, buyer has 17 days, unless otherwise stated in the contract, to cancel the contract and get their deposit back.

 

 

Lee Ginsburg

Housing Stimulus Package! I don’t think so!!!
August 17, 2008 · · 2 Comments

Credit/Loan Does it Stimulate the Housing Market?  I don’t think so!!!

 AS promised in my last blog I have continued my thoughts on the most recent Housing Stimulus Package.  I will continue in next week’s blog.

 Part of the recent Housing Stimulus package is a much publicized First Time Home Buyer Credit!   It is not a credit.  It is 15 year Interest FREE loan.  Gotta take anything For Free.  This applies to any home purchased between April 8, 2008 and July 1, 2009.  How and why they picked those dates; Read more

PruCalVoices

Welcome to PruVoices!
July 2, 2008 · · 2 Comments

Welcome to PruVoices, a real estate blog sponsored by Prudential California Realty located in San Bruno, California. We are here to talk with you about all sorts of real estate related topics and hope you join in on our conversations on all things real estate!

Our topics include:

Bay Area neighborhood news and events. The San Mateo Peninsula areas we cover include Daly City, Brisbane, South San Francisco, San Bruno, Pacifica, Millbrae, Burlingame, San Mateo, Belmont, San Carlos, and Redwood City.

Local real estate trends such as the amount of homes on the market versus recent sales. What is affecting real estate prices in your neighborhood?

Marketing your home. Let’s talk about great ways to get your home sold and how to get top dollar.

Real estate finance topics include current interest rates, pre-qualifying for home financing and FICO scores and loan programs such as FHA loans, first-time home buyer programs, CalVet, and some of the more local programs.

Real estate in the news, a place to express your opinion and leave comments about real estate articles in the news and on the web.

 Frequently asked questions is another category that should help some of those who are too shy to ask!

We look forward to connecting with buyers, seller, and agents alike. We welcome all comments on our posts. Please don’t be shy to ask a question. That is how we all learn!

Our goal is to continue to provide information and engage in conversations about different areas in the Bay Area that you would like to buy, sell or simply talk about. We are very excited that you found us so leave us a comment and we will respond promptly!

Thank you for joining us!

 

 Our Home- Prudential California Realty, 180 El Camino Real, San Bruno CA