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Property Q&A in 94107 : Real Estate Advice

  • All62
  • Local Info10
  • Home Buying28
  • Home Selling6
  • Market Conditions3

Activity 7
Dotschao, Home Buyer in Millbrae, CA
Sat Mar 7, 2015
Dotschao asked:
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This question was asked from this property: http://www.trulia.com/homes/California/San_Francisco/sold/7107374-718-San-Bruno-Ave-San-Francisco-CA-94107#photo-7
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jason chu, Real Estate Pro in San Francisco, CA
Fri Aug 15, 2014
jason chu answered:
Also, trulia has been notified of the correct information with substantiation in documentary links to country and trusted records... still ... trulia has the wrong information!
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jason chu, Real Estate Pro in San Francisco, CA
Fri Jul 25, 2014
jason chu asked:
still the data is showing up 1 ba. and only 1558 sq ft when tax records show almost double. how do i get this fixed????

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This question was asked from this property: http://www.truli…
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Cheryl Bower, Real Estate Pro in San Francisco, CA
Tue Apr 6, 2010
Cheryl Bower answered:
Hi Aberim,

HOA’s have annual financials/budget for the complex which include monthly operating costs, balances in reserve & operating accounts, etc. It’s possible that your dues seem high and have been increasing because you are in an older building. As a building ages there can be more required maintenance as systems come to the end of their useful life.

Some associations may choose to increase monthly dues by an agreed on amount per year rather than pass through special assessments in order to build up the reserve account.

Typically, a portion of your monthly dues go into a reserve account & a portion goes towards monthly operating expenses for common areas, management, etc. This is all laid out in the budget/financials which owners are provided copies of.

If you want to do your own independent research on how funds are allocated contact Jacquie Berry:

www.hoadocumentreview.com

She specializes in HOA/financial analysis. I typically have my buyers hire her during their inspection period to determine how well funded the reserve account is since this plays a role in value/purchase price of a condo.

Good luck!



Cheryl Bower, Realtor , GRI, ABR
Cell 415.999.3450
Zephyr Real Estate
Cheryl@cbower.com

http://twitter.com/SFBungalow

www.cbower.com
DRE#: 01505551
... more
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Aberim, Other/Just Looking in 94107
Tue Apr 6, 2010
Aberim asked:
Does anyone know of a company that has information on HOA dues for San Francisco?
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Sally Rosenm…, Real Estate Pro in San Francisco, CA
Tue Jan 13, 2009
Sally Rosenman answered:
Dear Nigel,

This is a brand new building still being constructed. 25 units have been released out of 114. They have sold 10 of them. Right now all finishes are just being shown only at the office with a kitchen and bathroom built out. Sale prices for the complex can be obtained when you are there with the Developer's Reps.

In about 2 weeks or so, model units inside the building will be relased for viewing. At that time, they expect more units to be released for sale.

Move-in dates are now scheduled for March, but with new construction, that can often be pushed back. I would suggest you take a realtor with you to help negotiate some extras for you at SFBlu or at any other new construction complexes. Your agent will have a fudiciary responsibility to you instead of the Developer.

I have sold many units at newly constructed buildings and would be pleased to work with you. You can check out some recent sales on my website. That being said, many agents would also welcome the opportunity.

Cheers,
Sally
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Lance King, Real Estate Pro in San Francisco, CA
Sun Oct 12, 2008
Lance King answered:
Stephanie,

This unit shows as sold on 8/20/08. However there are six other listings available at this property. If you would like to see any of them or find out more about what's available, myself or one of my team would be happy to help. You can also use our website to search for properties and find out more about our services.

Lance King/Managing Broker
415.722.5549 (cell)
lance@fixedrateproperties.com
... more
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