You may be interested in the HomeBuying 101 course taught at City College of San Francisco, and it's on a weekend. The next one coming up is Saturday, April 17th, from 9 am to 12:30 pm.
To register for the class, visit the link below, and click "Business and Finance" in the upper left and then scroll down to HomeBuying 101. (Class #: FP302)
On the other hand, getting to know your own wants and needs, getting comfortable with what's available in your price range, and then finding the right home for you.... well, that's tricky part. No seminar will help you with that, you really just need to see as many properties as you can.
Once you've got a decent idea of what's out there that's in your price range that you like, then I'd recommend going out with a Realtor. Not only have we seen thousands of homes, we've seen them through many other Buyers and Sellers eyes, and can help point out things that might help or hurt re-sale value that might not otherwise occur to you.
The last step before the offer is asking your agent to prepare a "CMA" or value report on the home you are interested in (taking into consideration all it's features) so that you are comfortable with the amount you choose to offer. The rest of the process again is something a good agent can help you through as you go.
Happy House Hunting
I offer a no obligation Free Home Buyer's Seminar on Wednesday evenings from 6:30 - 8:00. I also offer this seminar/consultation on Saturdays. The information presented explains how to begin educating yourself about the current market all the way through financing your purchase. Please consult my webiste for more information and if you are interested, then get in touch and if not I wish you the best of luck.
San Francisco is a very difficult city to purchase in at a 300K price point. The peninsula covers a lot of territory and the inventory at that price point is also limited. If you are serious about buying, you should find an agent that is willing to spend time with you and educate you on the market and what neighborhoods/areas will work at that price point and you can expect to get for your money. Interview a few agents and find one that you feel you can trust and can walk you through the home buying process. Good Luck!
Lorraine Meier RealtorÂ®
Zephyr Real Estate
2523 California St, S.F., CA 94115
nearly 1/5 of mortgages are underwater
improved housing affordability only relative
s years before we see market clearing prices in the housing market.
foreclosure sales could be higher in 3 years
new round of foreclosures threatens housing market
foreclosures to keep pressuring housing prices
U.S. Foreclosure Heat Map for January 2010
An experienced Broker can help you figure out what you to do/know to proceed with your first purchase. We deal with first time buyers all the time, and happy to provide references.
Lance King/Managing Broker
I am not sure how to respond to questions/comments that were answered to my question above. I hope this works... I am NOT (at this time) interested in the first time home buyer programs that are offered, too many restrictions at the time of resale and minimum opportunity to generate capital. I am interested in what a first time home buyer can actually afford and find. Really interested in something at $300K or less. But, what I have seen in the listings the choices in those areas are either in the super earthquake prone (liquification areas) areas or on the edge of SF. But I am mostly interested in how to learn everything I can first!
Thank you everyone for your responses. This is a great resource.
Youâ€™ve mentioned the BMR program from the MOH here and in other posts. Are you looking for first time buyer assistance programs or are you looking to find out what you can do on your own?
Also, there are excellent homebuyer/homeownership educational resources available thru many of our local community groups... to start you off I can recommend:
MEDA (Mission Economic Development Association) http://www.medasf.org/also
They have homeownership courses and other resources that will prepare you amply and their counselors are a wealth of information able to direct you to other resources as need.
My business partner, John Oliver, and I specialize in working with first-time homebuyers and Johnny knows many of the homebuyer programs like the back of his hand.
Let me know if you'd like to have a conversation to explore some options,
We often have classes sponsored by our agents at our 24th Street Noe Valley Zephyr office.
Every Wednesday from 6 - 7 pm - 415-695-7707
And a special Sunday seminar on April 11th from 11 - 12 noon - 415-695-7707
No obligation, come on over to the Noe Valley and hear some of our seasoned agents speak giving you insight into buying San Francisco real estate.
Mike Ackerman, CRS
Zephyr Real Estate, Noe Valley
4040 24th Street
San Francisco, CA 94114
415-695-2715 - ABZ@ZephyrSF.com
Does it economically make more sense to rent or to buy? Plug in your numbers and find out.
Sometimes paying more renting can make sense. An opposing viewpoint. (really, worth reading)
A basic overview of the home buying process. SImple and easy to understand.
Things to know that could avoid a house becoming a nightmare. Problems realtors seldom mention are below.
I would be glad to put together a program for you and discuss your options during the weekend. Feel free to contact me at email@example.com or call 415 728 5580.
Prudential CA Realty
415 728 5580