South San Francisco Sewer Lateral Program is back…
Calling all South San Francisco Home Owners!! The City of SSF has brought back their sewer lateral program back…
Let the City of South San Francisco help you replace that leaky old sewer lateral and help you pay for it! The City of South San Francisco’s Sewer Lateral Grant Program will cover 50% of the cost, up to $2,500, by following program requirements. The City is offering a program to help residents improve their sewer systems and in the process help reduce inflow and infiltration (I&I) into the sewer lines, which can improve the quality of the waters of the San Francisco Bay.
WHAT IS A SEWER LATERAL?
Within the City of South San Francisco, the building lateral is defined as the portion of the sewer system, beginning at the junction with the house plumbing system, usually located two (2) feet from the foundation wall of the building, and extending to and including the connection to the public sewer main. The building lateral is the private property of the property owner who is, therefore, responsible for all costs relating to the installation, connection, maintenance, repair, reconstruction, alteration, abandonment or removal of the building lateral.
These building laterals are often a significant source of infiltration and inflow of additional water, or “I & I”. The Sewer Lateral Replacement Grant Program, or “SLRGP”, is designed to help defray a portion of the costs when the property owner or their agent is required to replace the entire lateral including the connection to the main.
This information was found at http://www.ssf.net/
Nicole Machado
Your SSF Neighborhood Real Estate Specialist
12th Annual SSF Citywide Garage Sale
Calling all South San Francisco residents who may want to participate in this event.
For the 12th Consecutive Year, the City of South San Francisco and the South San Francisco Scavenger Company are sponsoring the “Citywide Garage Sale”. The Garage Sale will take place on Saturday, September 10, 2011. Residents wishing to participate may open their garages and participate in the sale on that day. Participation is FREE and registration is not required. Help the City in its continuing effort to encourage recycling and reuse by:
- Announcing the sale at your church or in a club newsletter
- E-mail family and friends
- Download the attached flyer and post it on a community or employee bulletin board
- Help ensure a large turnout on your block by encouraging your neighbors to participate
If you have any questions about the Citywide Garage Sale, please contact the City Clerk’s Office at (650) 877-8518.
This information was was found on the city of South San Francisco’s website www.ssf.net
Nicole Machado
South San Francisco Neighborhood Real Estate Specialist
Labor Day Weekend Fun on the Peninsula
For those of you staying home this Labor Day weekend and enjoy eating great food, here are two great events going on you may want to check out… I have attached flyers to the events and a coupon for admission to the Belmont Greek Festival. Enjoy your Labor Day Weekend!
Belmont Greek Festival
Labor Day Weekend, Sept. 3-5
With the aroma of luscious barbecued lamb and the strains of upbeat bouzouki music, the 41st Annual Belmont Greek Festival swirls into the mid-Peninsula on Labor Day weekend, Saturday, September 3, through Monday, September 5, at the Greek Orthodox Church of the Holy Cross, 900 Alameda de las Pulgas (corner of Ralston Avenue), in Belmont.
The three-day extravaganza is expected to draw nearly 20,000 visitors for the homemade Greek meals, specially-prepared desserts, nonstop entertainment and fun children’s amusement area, according to festival organizers.
“We want our guests to sample Greek hospitality at its best,” said Festival Co-chairman Gary Brenner.
“When Greeks entertain, they put out their finest of everything, and first and foremost, that means their best cooking,” Brenner said, “which means a lot of labor and a lot of love.” Read more
How to refinance your property with little or no equity
I’ve recently taken an application for a veteran who will be refinancing their two purchase loans from a couple years back. She will be saving about $700 per month with her new 30 year fixed rate of 4.75%. It reminded me that there are still a lot of folks out there who may not have taken advantage of the low rates available because they thought there was not enough equity in their property to refinance. Without getting into too much detail, I thought I would share three great options to consider if this is the case for you:
Freddie/Fannie option
If Freddie Mac or Fannie Mae own your mortgage, it may be possible to refinance your current loan even if it’s underwater. Have you checked to see if your loan is Freddie/Fannie? Here are the links.
Click here to see if Fannie Mae owns your mortgage
Click here to see if Freddie Mac owns your mortgage
FHA
FHA will insure mortgages up to 97.75% of the home value. The maximum loan amount is $729,750 here in San Francisco County. This loan limit is slated to be decreased at the end of 2011.
VA
If you or your spouse is a veteran, you can borrow up to 100% of your home value. This is a great option for veterans because mortgage insurance is not required for VA loans. The current VA loan limit for San Franciso and San Mateo County is $1,000,000.
Jay Sondhi
http://www.jaysondhi.com/
SSF Elks Club fundraiser for Japan’s Earthquake & Tsunami Relief
The South San Francisco Elk’s Club & it’s community have joined forces in hosting a fundraiser to generate some much needed funds for the victims of this devasting disaster. In hopes of getting the word out, I decided to post this short informative blog for people who may not have a facebook account, but may still want to assist in some way. The details are as follows:
$10 pp includes:
Eggs, Pancakes, Bacon, Sausage, Potatoes, Fresh Fruit, Coffee/Juice
Thank you for your help getting the word out. See you on the 26th.
More info contact:
Elks2091SSF@gmail.com
Info forwarded from…Facebook:
https://www.facebook.com/pages/ELKS-2091-South-San-Francisco-Lodge/164317930259139?ref=ts
2nd Annual Prudential San Bruno Pumpkin Patch
Prudential San Bruno will be hosting our 2nd annual pumpkin patch this weekend, Saturday October 23rd from 10am-2:00pm. Please join in on the festivities that include face painting, a complimentary pumpkin, a souvenir picture of you and your family taken in the pumpkin patch and goody bags for the children. We will also be serving hot chocolate & donuts from 10am-11:30am (don’t worry parents, we will have coffee for you in case you were wondering) and barbecued hot dogs & refreshments from 11:30am-2:00pm. Costumes aren’t mandatory but are encouraged. We look forward to seeing you and making this year’s pumpkin patch another success.
Prudential California Realty, San Bruno is located at:
180 El Camino Real, San Bruno Ca. 94066
MAP
Nicole Machado
http://www.MVE2DAY.com
Sorry, Your House DIDN’T Go Down in Value
I had an interesting experience the other day. A homeowner came into my office and asked if I could help him fill out a “Decline in Value” Reassessment Application Form in order to request a reduction in property taxes based on a decline in property value. I agreed to help him and began to do the necesssary research on prices for homes sold within the last three months of 2009 in order to come up with a market value opinion for January 1, 2010. The result? It turned out that there was no significant decline since the last time the house was reassessed for 2009-2010 taxes, such that there would only be about $100 in yearly tax savings.
So, the bad news – the decrease in property tax will be minimal. But the GREAT news is that Read more
Bay Area Prices up 20%????
The headline reads Prices Up 20%.
What do these numbers mean? I am sorry to tell you, your home did not increase 20%. Buyers don’t get scared off and sellers don’t put your home on the market for 20% more than you paid last year.
These numbers are totally misleading. Prices are increasing in some areas and in some price points but not by 20%. Possibly 3-5%.
You can make numbers do whatever you want. First you need to know if the numbers are for Single Family homes or Condominiums or both. Then are they comparing it to the same month in a previous year or just the previous month. Are they talking about median price or average price. The Median price is the price that is in the middle; there are an equal number of transactions above and below. These numbers are very general. It is interesting and might give a slight indication as to the market in the country, in your state, in your city but Real Estate is very localized down to the neighborhood in the city. If you want to know the value of your home call your Real Estate consultant. Read more
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