Home Buying in San Francisco : Advice

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Lance R King, Real Estate Pro in San Francisco, CA
Lance R King answered:
What is the current average number of days on the market for homes in San Francisco in the over $2.5m market?
Tommy,

It's 85 days across the city, but it varies in different neighborhoods. There are also a handful that have been on the market over 200 days that is skewing the average. If you ... more
0 votes Share Flag Thu Feb 7, 2013 Home Buying in San Francisco
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Does installing Solar add value to your home?
I would not suggest doing it just to make the house more sell able to a buyer. If you added it in the past for yourself is one thing, some will love it and some will find it ugly.
0 votes Share Flag Tue Dec 2, 2014 Home Buying in San Francisco
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
I closed on a BOA short sale, Moved into home. Realtor called no deal wants me to sign rental agreement.
I'm confused about your situation. If you've purchased a short sale, then there no need to sign a rental agreement. In any case, what's your question?
0 votes Share Flag Sun Feb 3, 2013 Home Buying in San Francisco
Peter Century…, Real Estate Pro in San Francisco County,...
Peter Century 21 answered:
What kind of home can you buy for $1 million in your area?
Well, Eric, it all depends on the area and the type of home, and the answers vary widely.

In the Richmond district (depending on whether it's inner, central, or outer richmond distri ... more
0 votes Share Flag Sat Feb 2, 2013 Home Buying in San Francisco
Gregory Karr, Real Estate Pro in San Francisco, CA
Gregory Karr answered:
If there were one thing that we as realtors could improve on or do better for home sellers or buyers, what would that be?
That's an easy one. Live by NAR's code of ethics.
0 votes Share Flag Tue Feb 26, 2013 Home Buying in San Francisco
Steve West, Real Estate Pro in San Francisco, CA
Steve West answered:
How does buying an auction property work?
It depends on the auction. This process will not be like a standard purchase, but you still might want a real estate professional to help.

When looking for an online or in person au ... more
0 votes Share Flag Sat Feb 2, 2013 Home Buying in SoMa
Helen Yuen, Real Estate Pro in San Francisco, CA
Helen Yuen answered:
If I rent out my house under prop 13, will I lose the prop 13?
No, renting is not selling the property. (Prop 13 is not about renting)
0 votes Share Flag Tue Jan 29, 2013 Home Buying in Ashbury Heights
Katie Wiging…, Real Estate Pro in San Francisco, CA
Katie Wigington answered:
What are the disadvantages of owning an apartment that's part of a TIC as opposed to a condo?
Hi Erin

TIC's can be tricky. You want to first make sure that the loan is fractionalized- and also just as important- or maybe more so- that you are VERY compatable with the other ow ... more
0 votes Share Flag Fri Feb 1, 2013 Home Buying in San Francisco
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
What is the difference between a real estate agent and a real estate broker?
Big difference. A broker is the only legal entity that may conduct a real estate transaction. All agents must work for a license broker. Also, the broker typically has more extensive ed ... more
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Noe Valley
Lance R King, Real Estate Pro in San Francisco, CA
Lance R King answered:
Is it legal for an agent representing the buyers in a deal to lend money to their client for the down payment on a home?
I don't know if it's illegal in and of itself, but the agent would definitely need to disclose that fact.
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Marina
Helen Yuen, Real Estate Pro in San Francisco, CA
Helen Yuen answered:
Is Hayes Valley a safe place for a young woman to live alone?
It can be a safe place to live if these pre-caution tips are taken seriously:

The top preventative measure is situational awareness.
Stick to well-lit paths and try not to walk aro ... more
0 votes Share Flag Thu Feb 6, 2014 Home Buying in Hayes Valley
Sally Rosenm…, Real Estate Pro in San Francisco, CA
Sally Rosenman answered:
What are the most effective methods for home buyers take action against builders who delay construction of property?
This is too much of a question for Realtors to answer legally.... Contact a real estate attorney is my suggestion. David Gellman, Stephen Lightfoot, Steven Adair MacDonald, Andy Sirki ... more
0 votes Share Flag Fri Jan 18, 2013 Home Buying in Glen Park
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
What do you look for in a home inspection company?
An inspector who is thorough. I also use someone who as thermal imaging tools...the capacity to detect wet walls or problem wires has saved my butt a couple of times.
0 votes Share Flag Thu Feb 14, 2013 Home Buying in Potrero Hill
Dan Healy, Real Estate Pro in San Francisco, CA
Dan Healy answered:
What are the most important questions to ask your home inspector?
This is a great question.
I always encourage my buyer clients to treat the inspection process like a walking "owner's manual" for their new purchase. I think it's important to ask t ... more
0 votes Share Flag Thu Feb 14, 2013 Home Buying in Potrero Hill
Jed Lane, Real Estate Pro in San Francisco, CA
Jed Lane answered:
I decided to refi my house in SF. But there is an unwarranted unit downstairs, will that be a problem when the appraiser came to inspect the house?
The appriaser is not going to report the non-permited improvements to the City if that is what you are worried about.
The added value will not be equal, on a dollars per square foot m ... more
0 votes Share Flag Thu Jan 10, 2013 Home Buying in San Francisco
Toby Jackson, Real Estate Pro in San Francisco, CA
Toby Jackson answered:
Renting out a BMR Unit in San Francisco
I believe the rules are pretty clear - BMR units are to be owner-occupied only:

"BMR units are intended to be owner-occupied at all times and used as a principal residence for the du ... more
0 votes Share Flag Wed Jan 9, 2013 Home Buying in San Francisco
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
Can one spouse of a married couple buy a house in CA w/o using spouse on mortgage or deed?
Yes they may , but because Californianis a community property state. The spouse will need to,sign a Quit Claim Deed (Interspousal Transfer Deed) which states that they recognize the p ... more
0 votes Share Flag Thu Feb 14, 2013 Home Buying in San Francisco
Meir Aloni, Real Estate Pro in Fort Lauderdale, FL
Meir Aloni answered:
First time home buyer - tax credit for 2013?
Real Estate is local; saying that, you can be a 1st time buyer only once...if you buy using any government or local assistance program, you most likely will have to prove you did not ow ... more
0 votes Share Flag Mon Jun 3, 2013 Home Buying in 94107
Kevin K Ho, Real Estate Pro in 94110
Kevin K Ho answered:
Can I apply FHA 3.5% down payment loan?
There are a lot of considerations and factors that will impact FHA eligibility both on your end as borrowers and those concerning the property itself. Ones that stick out immediately, a ... more
0 votes Share Flag Sun Jan 6, 2013 Home Buying in San Francisco
Oggi Kashi, Real Estate Pro in San Francisco, CA
Oggi Kashi answered:
House transfer from husband to wife
One easy way would be for your dad to record a quitclaim deed. He'll be off the deed with no consideration so there should be no change in the property tax. And since this is not a sale ... more
0 votes Share Flag Sun Dec 16, 2012 Home Buying in San Francisco
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