Financing in 94124 : Questions & Answers

change location

cancel or

Q&A

155
Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
How do you buy a tax lien certificate?
Doesn't the county auction them (I will contact the county assessor's office)
0 votes Share Flag Mon Apr 8, 2013 Financing in Union Square
Julie A. Hor…, Real Estate Pro in 92602
Julie A. Horvath answered:
If a home buyer has a less-than-perfect credit score, how hard will it be for them to get a mortgage these days?
Hi Seanf,
How less than perfect is the score? I am able to offering financing to borrower's down to a 620 credit score through either FHA, VA (if you are eligible) and Fannie Mae. I ... more
0 votes Share Flag Thu Mar 20, 2014 Financing in Russian Hill
Jackie Cuneo,…, Real Estate Pro in San Francisco, CA
Jackie Cuneo, Mortgage Advisor answered:
Are there downsides to a second mortgage beyond the higher interest rate?
This is the wrong question--the question should be, what is the reason you are considering a second mortgage?
1. Most seconds are put in place instead of having a higher first loan wit ... more
0 votes Share Flag Wed Mar 27, 2013 Financing in North Beach
Alina Aeby, Real Estate Pro in San Francisco, CA
Alina Aeby answered:
Looking for a lender who can do litigation condo <600 sq/ft.
Hi Rick,

Try First Republic Bank. They do finance condo purchases and refinancing in litigation buildings. However, they will ask for 30% down payment and the borrower needs to bank ... more
0 votes Share Flag Tue Mar 19, 2013 Financing in San Francisco
Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
Pre-approval for home loan with credit scores of 560 and 730?
There should be some areas of your credit report that can be fixed or improved. You might want to talk to your mortgage broker/lender and they should be able to lead you through it.
0 votes Share Flag Wed Feb 13, 2013 Financing in San Francisco
Laura Coffey, Real Estate Pro in Valencia, CA
Laura Coffey answered:
WHAT IS THE MIX YOU CAN GET BACK FOR YOUR INCOME TAX ?
You need to talk to your CPA.
0 votes Share Flag Wed Feb 6, 2013 Financing in San Francisco
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
So what is the difference between an Escape Tax and a Supplemental Tax bill?
Never heard of an ESCAPE TAX, perhaps you should go down to the Assessor's Office and ask them to go over it with you.
0 votes Share Flag Thu Jan 31, 2013 Financing in Potrero Hill
Editor, Home Buyer in San Francisco, CA
Editor answered:
Appraisals can be driven by lender guidelines. What is market value ultimately driven by?
People mistakenly think it is the Realtors that are driving prices up. However, it is actually the buyers who set the price of any property. If it is too high priced, the property will ... more
0 votes Share Flag Tue Jan 29, 2013 Financing in South Beach
Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
If I use my IRA to purchase a property all-cash can I then do a cash-out refi? Reason I ask is I know I must use non-recourse loans when using my IRA
Yes you can, and I can do the delayed financing. It only takes a few dozen questions to qualify and go over rates and terms.

http://www.under640ficoscoreloans.com/Pages/ContactSheryl ... more
0 votes Share Flag Thu Feb 14, 2013 Financing in San Francisco
Matt Brozek, Real Estate Pro in El Dorado Hills, CA
Matt Brozek answered:
Non Warrantable Condo Refinance options for LTV 60%, Income of $150K and FICO of 800 . Does refinancing actually exist?
BBVA Compass offers Financing for Non-Warrantable Condos. Purcahse and Refinance, up to 70% LTV. Please feel free to contact me for more details.

Regards,

Matt Brozek
BBVA Compa ... more
0 votes Share Flag Tue Oct 22, 2013 Financing in San Francisco
Helen Yuen, Real Estate Pro in San Francisco, CA
Helen Yuen answered:
What are the rules regarding the exchange of like-kind properties?
1031 Exchange Rules = "like kind" = the land must be held for productive use in a trade or business or investment.

Yes, vacant land is like kind with all other types of real ... more
0 votes Share Flag Fri Jan 11, 2013 Financing in Bernal Heights
Jackie Cuneo,…, Real Estate Pro in San Francisco, CA
Jackie Cuneo, Mortgage Advisor answered:
Looking for a mortgage broker with expertise in SOMA work/live loft refinancing.
SInce Fannie Mae changed the rules about funding loans on properties classified as Live/Work, the choices for financing lofts have been reduced. We do have a source for financing Live/W ... more
0 votes Share Flag Sun Dec 9, 2012 Financing in 94103
John Souerbry, Real Estate Pro in Palo Alto, CA
John Souerbry answered:
Can an Escape Assessment be made when the error occurred by the Assessor 12 yrs. ago?
Yes! I recently worked on a sale that involved a property that had faulty tax information in the system from the 1980's. We tried to work with the assessor's office, which will usually ... more
0 votes Share Flag Fri Nov 23, 2012 Financing in Potrero Hill
Gabriel Rojas, Real Estate Pro in 94107
Gabriel Rojas answered:
I am a new immigrant to USA. How do I get a credit score?
Hello Robwat,

Because you have likely never owned a US-based credit card or other loan, it will be important to open an account and start building credit. Once you start using your a ... more
0 votes Share Flag Wed Jan 30, 2013 Financing in Outer Sunset
Jack Campbell, Real Estate Pro in Rancho Santa Fe, CA
Jack Campbell answered:
How to qualify for mortgage?
If the loan is in deferment, it is possible that it may not need to be included. On the other hand, if it is not in deferment it will need to be included but you should be receiving a ... more
0 votes Share Flag Mon Oct 29, 2012 Financing in San Francisco
Seth Swenson,…, Real Estate Pro in San Francisco, CA
Seth Swenson, MBA answered:
Where can I find lenders willing to consider loaning on a condo where one person owns most of the units in the building?
All cash buyers may be the solution. Most lenders will not lend if there is an HOA and any one person or entity owns more han 10% of the units so even if you only owned one unit you mig ... more
0 votes Share Flag Sun Oct 21, 2012 Financing in San Francisco
Lizete Santos, Real Estate Pro in 94105
Lizete Santos answered:
What are the requirements for a Foreign Investor Mortgage and what is the typical interest rates... i am looking to purchase in California
Hello,

HSBC Bank will loan to foreign nationals with requirements. Here are some of them:

-Minimum 100K in account
-Bank statements @ least 2 months
-CPA letter / HR letter for ... more
0 votes Share Flag Thu Sep 12, 2013 Financing in 94116
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
What's the grace period duration for checking my credit score many times during lenders selection?
30 days is what it should be. However it can be as little as 14 and up to 45 days. Very good information about inquiries and how they impact you at http://www.myfico.com/crediteducati ... more
0 votes Share Flag Mon Oct 8, 2012 Financing in 94158
Dino Zuzic,…, Real Estate Pro in San Francisco, CA
Dino Zuzic, MBA/Realtor answered:
Are there any lenders out there in the Northern CA area who can/will do a refi on a jumbo loan when I have a high debt to income ratio?
Hi Bernie,

Depending on your total assets / financial holdings, First Republic Bank may be willing, which would require moving a sizable amount of your assets over to them. Feel fre ... more
0 votes Share Flag Tue Nov 26, 2013 Financing in 94109
1 2 3 4 5 6 7
Search Advice

Followers

1003
Email me when…

Learn more

Meet the Trulia VIPs
Travis Pacoe, Agent in San Francisco, CA
Travis Pacoe
Agent
San Francisco, CA
Gary Belk, Agent in 94105
Gary Belk
Agent
94105
Michael Salstein, Broker in 94114
Michael Salstein
Broker
94114
Home > Q&A > California > San Francisco County > San Francisco > 94124 > Financing in 94124
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer