There are lenders who do these loans but they typically require a much larger down payment. HSBC seems to be the go-to bank for these loans, but I have not been impressed with any of their reps so unfortunately I cannot recommend anyone.... more
A real estate agent has a license, issued by the state, that allows them to act as a fiduciary agent for principals (people) in real estate transactions UNDER the supervision of a Broker.
A Broker is licensed to act as a fiduciary for principals in a real estate transaction without supervision and can supervise other licensed agents. All contracts are between Brokers and principals.
Only a licensed Broker can manage rental property.
A Realtor is a real estate agent that is a member of the National Association of Realtors. Not all licensees are Realtors but all Realtors are licensees. Realtors swear an oath to abide by a code of ethics that is above and beyond what the law demands of licensees.
From all of this you can deduce that a Brokerâ€™s license is harder to get, requires more experience, knowledge and expertise.
A brokerage is a firm lead by a licensed broker and has other licensees under supervision. The agents are all independent contractors.
If a licensed Broker is working with another broker they are referred to as a broker associate. I have a brokerâ€™s license and am associated with Coldwell Banker.... more
There are many programs out there. In fact, there are also First Time Buyer programs via the Mayor's office. I would go to www.sfgov.org for the Mayor's information. And I would check with a mortgage broker for all of the programs out there. Or contact Ephraim Schartz, Odette Mortgage Group, 415-931-2129, email@example.com. You can also go to my website www.sallyrosenman.com and look under Resources for many other Mortgage Brokers. They are the best ones to advise you. We realtors do not have our hands on every program out there......
I have to second Mary's input on Bernal and Noe. The other benefit of Bernal is you might get a smidge more sunshine than Noe. And depending on where you buy, you may get some fabulous views. One other thing aboug Bernal is the streets, they are narrower with shorter sidewalks and it's a bit more hilly. If you spend time in Bernal make sure you walk around Cortland. For Noe it's 24th Street. These shopping areas can also give you a sense of what else the area has to offer.... more