Can I really buy a house at the San Bruno Farmer’s Market?

July 15, 2009 · Karin Cunningham · 3 Comments

Karin Cunningham-"Your San Bruno real estate specialist at your service!"

Lee Ginsburg-"San Bruno residential and investment specialist!"

Lee Ginsburg and I worked a booth at the San Bruno Farmer’s Market last Sunday and had such a blast! We are always trying to think of ways to promote our buyers and sellers and when we heard that the San Bruno Chamber of Commerce was offering booths to promote businesses, we thought it was a great idea for us! Since our office, Prudential California Realty, is in San Bruno, I live in San Bruno, I do a good portion of my business in San Bruno, not to mention my kids go to school and play sports here, I knew a good amount of people that walked by! It was a really great experience!
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San Bruno Farmer’s Market is a GREAT success!

July 2, 2009 · Karin Cunningham · 5 Comments

San Bruno Farmer's Market

If you haven’t heard, the San Bruno Farmer’s Market started on Sunday, June 21st and is continuing every Sunday through October from 10-2pm! Downtown Sundays will have live music, fresh fruit and vegetables, flowers, specialty breads and international food.

If you haven’t checked it out, I highly recommend swinging by! I was there on the first day and enjoyed picking out a variety of strawberries, blackberries and blueberries. I also bought some carrots, all kinds of summer squashes, and peaches! They were all delicious!

There was also a kettle corn booth, a booth for coloring and laminating commemorative pins, and a featured business. This event is put on by the San Bruno Chamber of Commerce so a featured business is an appropriate and great way for a business to promote themselves! (That means you’ll see me there one day, for sure!)

If you don’t have plans on a Sunday this summer, try to make it to the San Bruno Farmer’s Market! It’s a great local event you won’t want to miss!

Lower Rates Aren’t In The Bag

June 24, 2009 · Dean Rizzi · 4 Comments

Last week’s drop in mortgage rates was a welcome relief, and you would think that more relief should be forthcoming. After all, inflation appears to be a dead issue, given recent data on producer and consumer prices. Inflation and interest rates are highly correlated: When one falls, the other usually falls in tandem.

But there is more to the story than inflation. All interest rates are determined relative to risk-free market interest rates, with short-term Treasury bills serving as a proxy. But most interest rates are not risk-free. Mortgages rates are certainly not risk-free, which is why they are higher than Treasury bill rates. What’s more, mortgage rates are heavily influenced by rates on mortgage-backed securities (MBS). MBS rates, in turn, are heavily influenced by yields on Treasury bills, notes, and bonds.

And there is the rub. Treasury securities prices tumbled last week after Read more

San Bruno Posy Parade 2009 “WOWS” Spectators!

June 9, 2009 · Karin Cunningham · 4 Comments

Posy Parade Princess and her court 2009

Posy Parade Carriage 2009

Pee Wee Baseball Elks~Posy Parade 2009

San Bruno Real Estate “Shake Up”!

May 20, 2009 · Karin Cunningham · 16 Comments

Skycrest Village- New Homes- San Bruno

From the Skycrest Village, new homes in San Bruno, to the bank owned fixer uppers, San Bruno homes for sale are feeling the shift of a real estate “shake up”! Inventory over the past few weeks has dwindled down to a mere 40 homes for sale and 15 condos. That’s not too many when you consider that San Bruno consists of 14,677 households.

San Bruno Posy Parade 2009

April 23, 2009 · Karin Cunningham · 9 Comments

The Posy Parade in San Bruno is held every year in June. It is put on by the San Bruno Lion’s Club. This year it will be on Sun. June 7th at 1:00. The theme this year is “The Many Cultures of San Bruno”! It is a parade dedicated to children and it’s themes are always deocrated with flowers!

At its height in the 1960s, the parade attracted as many as 3 thousand participants and 20 to 30 thousand spectators. This year is the 69th Annual Posy Parade in San Bruno. The parade includes all of our baseball teams, school floats, orginization floats, marching bands, a Posy Parade princess and her court. The mayor passes by in a fire truck and the city council in old fashioned cars throw candy to the crowds who are lining the street! The end of the Posy Parade is in San Bruno Park which holds a ceremony for the best floats, hot dog sales and 2 MAJOR San Bruno baseball games! See you Sunday June 7th for the 69th Annual Posy Parade in San Bruno, Ca.!

Posy Parade Poster

Posy Parade Brochure

http://sbpsd.k12.ca.us/schoolhouse/posy-parade.html

Picture taken from website above.

VA Loan Questions and Answers

April 5, 2009 · Dean Rizzi · 4 Comments

Can I get a VA loan if I have had a bankruptcy in the last few years?
VA credit standards state that a veteran with a bankruptcy less than 3 years ago would generally not be considered a satisfactory credit risk unless: the veteran or spouse has obtained items on credit since the bankruptcy and has paid the obligations in a satisfactory manner for a continued period; and the bankruptcy was caused by circumstances beyond the control of the borrower, which would have to be verified. A bankruptcy discharged 3 to 5 years ago must be given some consideration in the underwriting of the loan. A bankruptcy discharged more than 5 years ago may be disregarded. These are the minimum standards that mortgage companies must follow when making a VA loan. In 95% of the cases, companies make the decision to approve a loan without VA’s prior approval. Keep in mind that mortgage companies also have money at risk in giving you a VA loan, so they may have stricter credit standards than those mandated by VA.

How large of a loan can I get? If my guaranty entitlement is $36,000, does this mean I am limited to a $36,000 loan? Read more

When Did I Agree to That?!

March 18, 2009 · Julie Cleland · 8 Comments

Recently I was in one the Prudential California Realty – San Bruno kiosks at the mall when a seller approached to ask if he, as the seller, has to pay the country transfer tax on a sale he is currently involved in. I asked him a series of questions regarding the transaction and was, frankly, surprised at how little he seemed to know about his own deal.

One of the questions that seemed to confuse him the most was whether or not he had signed a purchase agreement. It wasn’t until I described what the agreement looks like that he realized he had, in fact, signed the agreement and was in contract. Read more