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Ashbury Heights : Real Estate Advice

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  • Local Info0
  • Home Buying6
  • Home Selling0
  • Market Conditions1

Activity 13
Tue Mar 28, 2017
Susannieto2 answered:
I'm selling my home that i have lived in since 1978 in San Gabriel ca. 91776 Can I take my property tax with me? I need to be sure I'm retiring and at age 73 years
0 votes 13 answers Share Flag
Thu Mar 9, 2017
Rioriodude asked:
Thu Dec 8, 2016
Sheryl Arndt answered:
Hello Kedypn, yes your property taxes will remain the same. You will need to gather some documentation to qualify the house and yourself. Do you want any cash out or are you looking to refinance the rate and term?

A CMA, comparable market analysis, can be run to determine a market value for a start if you want cash out. A complete appraisal is needed to fund a refinance with cash out.

Do you know your fico scores? Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and LTV. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Jumbo refinance is available from a minimum 540 fico score depending on the LTV.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
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Fri Sep 30, 2016
Walter 'Skip' Kersten answered:
Unfortunately, no. Goggle Proposition 60 and 90 to see the requirements.
Good luck,
0 votes 1 answer Share Flag
Tue Jan 29, 2013
Gregory Karr answered:
No, your real estate taxes will remain the same.

However, if you move from the home and rent it out you will lose your homeowners exemption because you no longer occupy the residence. That's not a big deal because the exemption only saves you about $70 a year anyway.

How would you like to have a property manager and let me take care of leasing, maintaining, collecting the rent, and paying bills for you?

Greg 415 695-0254
... more
0 votes 2 answers Share Flag
Sun Dec 2, 2012
Jerry Guay answered:
Hi Bob - the most recent comparable sale (10-26-2012) was inferior in size ~350 feet smaller, but included High-end Neo-Modern design with excellent views. Since your home was newly constructed only 5 years ago....and assuming your design/condition is comparable, this is a good comp. to adjust up from for value.

438 Roosevelt St Corona Heights Sold for 2,300,000

Please contact me to schedule a meeting if you're interested in a full market analysis.

Jerry Guay | DRE: 01168485
Referral Realty (DRE: 00654439) | 474 Connecticut St. San Francisco, Ca 94107
D (415) 282-8875 | T (800) 800-5575 x129 | Asst: Nancy Pereau (800) 800-5575 Ext 130
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Mon Feb 20, 2012
Rich Bennett answered:

It would be best for you talk to your CPA or other qualified tax professional regarding this. You could also contact the City's Assessor's Office too.


Rich Bennett, Realtor in Sf since 2002

Zephyr Real Estate
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Tue Oct 25, 2011
Trulia asked:
What did you wish you knew before moving here?
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Tue Oct 25, 2011
Trulia asked:
Is this area safe or dangerous? What types of crimes are committed? Are there any intersections or streets that should be avoided?
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Tue Oct 25, 2011
Trulia asked:
Are home prices in Ashbury Heights going to appreciate or depreciate? What are the current market conditions for buying or renting?
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Tue Oct 25, 2011
Trulia asked:
What are the cons of living here?
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Tue Oct 25, 2011
Trulia asked:
What are the pros of living here?
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Fri Oct 16, 2009
Mike Ackerman & Oliver Burgelman answered:

Where did you see that it is for sale - I'm curious?

You sure can negotiate! If it's for sale *and* you've got more than 35% - 40% downpayment in cash and solid cash reserves! Tax records show it is as an eight unit property. That kind of property is exempt from the typical 1-4 unit HUD lending guidelines and only a few portfolio lenders would touch it.

I know the block pretty well and sold the property a few doors at 417 Ashbury not that long ago... Looking forward to hearing from you!

All my best,

Mike Ackerman, CRS, e-Pro
Zephyr Real Estate
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