San Bruno Eye Sore is about to Go
The Treetops apartments on Skyline and Sharp Park broke ground for renovation. (It’s about time)
I thought you would be interested.
7 years after being closed down, renovation will begin and is scheduled to be completed by summer of 2013.
for more information Click Here
http://www.mercurynews.com/san-mateo-county-times/ci_19731829
The San Bruno Ave. Caltrain Grade Separation Project is moving along. Can’t wait for completion.
Completion is scheduled for the end of this year. We’ll see.
for more information Click Here
http://sanbruno.ca.gov/pw_proj_current.html#streets
I will be hosting a Home Buying Seminar. If you are in thinking about buying I think you will find it quite helpful.
for more information Click Here
http://leesellsmore.com/RealtorWebPage?custompage_id=1567686030
Lee Ginsburg
Prudential California Real Estate
www.LeeSellsMore.com
How to choose the “Best” real estate home loan.
Lee Ginsburg, top real estate agent with Prudential California Realty, shares his experince on how to choose the right real estate lender.
Lee Ginsburg
Your satisfaction is my success!
www.LeeSellsMore.com
Do I Need An Agent?
I was at a recent home buying workshop and someone asked if she needs an agent.
In the Bay Area the buyer does not pay for the agent to help them find a home, help them negotiate; walk them through the process, etc. The buyer also does not pay the agent for helping them digest the comparable properties, or get inside information concerning the home or the comparables, educate them on the neighborhood, and more. The buyer never pays the agent anything. The seller’s agent pays the buyer’s agent for assisting them in selling the home, but the agent has a fiduciary duty and obligation to their client, the buyer.
So why wouldn’t you want someone to do all the dirty work, to bounce ideas off of, and to pick their brains with no cost to you.
Every transaction is different. The buyer’s agent does all of the above and more depending on each individual situation.
The most important task the buyer’s agent performs but hardly mentioned, is helping the buyer maintain their emotions. I have seen buyer’s get so excited about a home that they would pay anything for it. Well maybe not anything but more than necessary. A good agent will protect the buyer by making them see reality. On the other hand they might be offended by the seller’s response and might react by cancelling the transaction or respond negatively and blow the deal. An agent is the buffer.
An agent will help the buyer see through the seller’s messy home to see the bones and layout of the home. An agent will keep the buyer focused on the purpose of buying a home, facing reality and prevent them from getting sidetracked. I remember helping a newly married couple with a baby purchase their first home. They liked the well decorated home in a not so good area. They were not familiar with the area. They were prepared to write an offer and I did not want to discourage their enthusiasm. I suggested on the way home we drive by again. We did and they calmed their emotions and changed their thoughts on their own. Read more
Dates to Remember
Thursday Nov. 17 -6:30 – FREE Information Workshop on Energy Rebates -180 El Camino Real, San Bruno
https://energyupgradeca.org/overview
http://www.SDIHomePerformance.com
College of San Mateo, 1700 W. Hillsdale Boulevard, San Mateo, Bldg. 10 – Room 193
The San Mateo Association of Realtors will be hosting this workshop to help you understand the basics of how to buy a home – even if you’re not at that place in life yet – Home Ownership is still the key to reaching Financial Stability and in achieving the American dream. Now is the “Perfect Storm” with low interest rates, low housing prices and low down payments. Professionals in banking, title, credit, law and real estate will provide knowledge and interact with the public on the basics in planning for homeownership. No pre-registration required.
What is closing or escrow and what is involved in opening escrow?
Closing is when all the funds are disbursed to the seller, lender, other lien holders, taxes etc. and the property transfer from seller to buyer is recorded in the County’s Recorder’s office. This is legally when the buyer becomes the property owner. This is generally the time when the buyer receives the keys to their new home. Many people get the closing and signing confused. “Signing” is only signing the loan documents and that generally occurs several days prior to closing.
Escrow is the period between both parties signing the purchase contract and closing. Opening Escrow is a simple process. It occurs when the buyer’s good faith deposit is placed in the hands of a neutral third party. In Northern Californian we do this with a Title and Escrow Company. The Escrow Company holds the deposit in a bonded account until both the buyer and seller have fulfilled their obligations under the purchase contract. The escrow company is a neutral third party and will not release the funds either to the buyer if the contract is cancelled or to the seller if the contract is fulfilled unless both parties have signed instructions stating so. Basically Escrow begins with the deposit check being given to the escrow company and ends at closing.
Escrow should not get confused with an escrow account. An escrow account is an impound account or reserve account generally for property tax and home owners insurance. It is requested by lenders based on the type loan the buyer is getting.
It is Better To Own Real Estate and Wait Than to Wait to Own Real Estate
Lee Ginsburg
www.leesellsmore.com
Good Article on Light Bulbs
I just read this article on light bulbs.
I went to Orchard Supply recently to purchase a light bulb and left with a head ache.
I wish I had this article and hope you find it helpful.
I am not able to remember it all so I am going to print out a copy next time I need a light bulb.
follow the link http://tinyurl.com/3ekxzfy
Lee Ginsburg
“It is better to own real estate and wait,
than wait to own real estate”
Great Loan Options are Here!!!
Good News Finally!!! – New Energy Rebates
Most of us living in San Mateo County are living in homes forty or fifty years old. Older homes are always in need of some repairs or upgrading. I recently heard that San Mateo County is announcing on Monday that they will match some of PG&E’s energy rebates. You can get up to $8000 in rebates. Not sure if you have to rebuild the entire home to get $8000 but here is the info.
These will double the currently offered rebates. Some upgrades might even qualify for Federal tax Credits. I have read there is even low cost financing with income qualifications.
Attic insulation, furnace and water heater replacement, roof, solar energy and more may qualify. It is certainly worthwhile to look into if you are considering doing some work.
Follow the links for additional information.
http://www.smdailyjournal.com/article_preview.php?id=164559&title=Homeowners%20eligible%20for%20big%20energy%20rebates
https://energyupgradeca.org/county/san_mateo/action_plans/property_type
ATTEND AN UPCOMING WORKSHOP:
San Bruno – Tuesday, August 23 rd 7-8:30 p.m.
Burlingame – Wednesday, August 24th 7-8:30 p.m.
Half Moon Bay – Wednesday, September 14th 7-8:30 p.m.
San Carlos – Wednesday, September 28th 7-8:30 p.m.
Lee Ginsburg
www.leesellsmore.com
“It is Better to Own Real Estate Than Wait To Own Real Estate”
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Recent Posts
- Top 5 Reasons to Buy a House in the Bay Area in 2012
- After Christmas Sale, – Bay Area Homes up to 60% off
- San Bruno Eye Sore is about to Go
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- It’s a Buyers’ Market for Real Estate Investors, too
- How to choose the “Best” real estate home loan.
- Is it a Good Time to Buy a House in San Mateo County? Part 1
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