San Francisco : Real Estate Advice

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Okzack, Home Buyer in San Francisco, CA
Okzack answered:
What are the benefits of living in Telegraph Hill?
It's a very quiet, clean, low crime part of SF.
There are beautiful views, and many local cafes and restaurants just a few blocks away. I like the village feel of the neighborhood whe ... more
0 votes Share Flag Tue Apr 19, 2016 General Area in Telegraph Hill
Richard Litt…, Real Estate Pro in Fountain Valley, CA
Richard Littlefield answered:
How long can a guest legally stay if not specified in a residential lease in California?
Sounds like you are subleasing. The lease it self would address subleasing. If not I am not sure there is a limit, I could be mistaken I am not a lawyer.
0 votes Share Flag Thu Apr 14, 2016 Rentals in San Francisco
Emily Lee, Home Buyer in San Ramon, CA
Emily Lee asked:
Refinancing my current home while purchasing a new home that hasn't been built yet. Would it work? I'm in contract to purchase a new home from a builder. According to the contract, I need to start the loan process right away and obtain a formal loan approval with no contingencies before…
0 votes Share Flag Wed Apr 13, 2016 Financing in San Francisco
Rick Van Ros…, Real Estate Pro in San Francisco, CA
Rick Van Rosendale asked:
room built without permit in garage
0 votes Share Flag Tue Apr 12, 2016 Home Buying in 94121
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
What commission is reasonable to get for a 4m multi-family in san francisco?
5% is pretty standard in SF these days so I'd expect that in most cases, including a multi-family dwelling. 2.5% would go to the seller's agent and 2.5% would go to the buyer's.
0 votes Share Flag Sun Apr 3, 2016 Home Selling in San Francisco
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
Can you recommend any reputable online real estate schools to complete the pre-licensing courses for California?
Kaplan is pretty well respected and has various options depending on what course you need and what license you're looking to obtain. They offer classroom courses in some areas as well ... more
0 votes Share Flag Sun Apr 3, 2016 Agent2Agent in 94131
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
What is the customary sales commission in San Francisco? I hear buyer gets one half of that commission. This true?
5% is pretty standard these days - 2.5% going to the seller's agent and 2.5% going to the buyer's agent. Some agents will reduce their commission if they have a good relationship with ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in SoMa
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
Appraisal came in over asking
I second the comment below - the appraisal isn't really an indication of home value, just a tool for your lender, so it should have no impact on the repairs the sellers plan to complete ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in San Francisco
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
annual appreciation rate for SF SFD for past 30 years is?
http://thefrontsteps.com/2014/06/26/case-shiller-new-jump-in-bay-area-home-prices/

This link will show you some great information regarding changing home prices over the past 30+ yea ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in 94109
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
Looking to buy instead of rent
I agree with the comments below - you'll definitely want to work with a knowledgable local Realtor to help you with this process as it can be quite complex and daunting, especially for ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in 94107
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
my loan only conditionally approved. can I cancel and still get my deposit back?
If you didn't remove the contingency and it (or the extension of the contingency) has yet to expire you should be fine to pull out of the deal. Check with your real estate agent to fin ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in 94107
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
How soon can I rent a home to a tenant after purchasing it?
It depend on your loan, if you have one, and HOA rules/CC&Rs if you live in a condo, TIC, Co-op, or area with an HOA. Check with those sources to confirm your options. In some cases ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in 94118
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
I am from Miami, not SF but i want to ask in SF is there a lot of new construction going on from new homes and new high rises getting built?
There is a whole lot of new construction going on in SF these days - some are high rises and some smaller buildings, but there's definitely a lot being built and more on the way!
0 votes Share Flag Sun Apr 3, 2016 Home Buying in South Beach
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
I want to ask in SF some of the homes that were built in the early 1900s time era are there some homes today that like like that from back then???
There are many homes in SF that were built in the early 1900s, but many of the homes from that era were destoryed in the fire/earthquake in 1906, so there are few buildings standing tod ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in South Beach
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
I have a roommate who has not paid his deposit and avoids the payment when ask. Can I give him 30 days notice?
This all depends on the lease contract you have with your roommate, if any. Your best bet would be to contact the local rent board or a real estate attorney to look it over and determi ... more
0 votes Share Flag Sun Apr 3, 2016 Rental Basics in San Francisco
Ryan Rudnick, Real Estate Pro in San Francisco, CA
Ryan Rudnick answered:
When will the market in the Bay Area cool off? I can't afford to buy when everything is going at soych over asking!
There are definitely some parts of the bay area where prices are lower than others, but I see no reason to believe prices will drop any time soon. That said, it does seem to me that pr ... more
0 votes Share Flag Sun Apr 3, 2016 Home Buying in San Francisco
Sophiacurry, Home Buyer in Los Angeles, CA
Sophiacurry answered:
I am purchasing a home with cash and I was asked to provide proof of funds. I am uncomfortable with showing a bank statement. Is there another way?
I am purchasing a home with cash and was asked to provide proof of funds. They want me to provide a bank statement of all the money in my account no just the money to purchase the house ... more
1 vote Share Flag Fri Apr 1, 2016 Home Buying in 94114
Dancingmama67, Renter in San Francisco, CA
Dancingmama67 asked:
I had offered an apartment for rent on Zillow, and now I have found a tenant. I discontinued the listing on Zillow, will it now auto delete on Trulia? I received another inquiry about the apartment from Trulia--can you delete the listing? Or how do I do that?
0 votes Share Flag Sun Mar 27, 2016 Rentals in 94110
Jules Borbely, Real Estate Pro in New York, NY
Jules Borbely answered:
Handling dispute with agent on payback of buyer agent commission
Since your agreement was in writing, you can go to small small claims court. In New York you can find small firms that specialize in these like www.realplus.com . This is all they do so ... more
0 votes Share Flag Wed Mar 16, 2016 Home Buying in San Francisco
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