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Russian Hill : Real Estate Advice

  • All29
  • Local Info3
  • Home Buying10
  • Home Selling2
  • Market Conditions3

Activity 30
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit then contact us ... more
0 votes 9 answers Share Flag
Fri Jun 5, 2015
Francis Somsel, ABR & Kate Tomassi, SRS answered:
Wed May 20, 2015
Cindy Davis answered:
On the foreclosures, the amount you are seeing is likely to be the amount owed by the homeowner to the lender.
0 votes 1 answer Share Flag
Sat Mar 7, 2015
Francis Somsel, ABR & Kate Tomassi, SRS answered:
The value of homes will continue to rise until you run out of people willing to pay more. Then it will fall until there are enough buyers to sustain the price. While our local real estate market seems to have a very good foundation with inflows of workers and cash from around the world into an area that refuses to build enough housing to accommodate the need, there are factors that can change it at any time. With the tech industry based here, the natural beauty, the proximity to great outdoor activities, and the great weather, I feel very strongly about the long term upside of owning property in San Francisco. ... more
1 vote 5 answers Share Flag
Tue Feb 24, 2015
Ryan Rudnick answered:
If both parties agree on it, I don't see a reason why closing early is an issue. It might not be very common, but it's definitely something I've come across here and there.
1 vote 7 answers Share Flag
Tue Jan 6, 2015
Lizete Santos answered:

The last 4 sales in the immediate neighborhood for a similar unit sold for a range of $1000-1275 a sq. foot.
This building is on the soft story list.

-$1,150,000 1845 Leavenworth St #203 2b/1.5ba sold 11/12/14

-$1,200,000 975 Union St 2b/2ba sold 11/25/14

-$1,250,000 896 Green St 3b/2ba sold 12/18/14 (in the same building)

$1,300,000 1159 Vallejo St 2b/2ba sold 12/05/14

Let me know if you have any further questions.


Lizete Santos
McGuire Real Estate
... more
0 votes 1 answer Share Flag
Mon Jan 5, 2015
Randall Ortiz answered:
Do you have an address for the property? You can contact me directly if you still need help with this.
0 votes 3 answers Share Flag
Sat May 4, 2013
Lizete Santos answered:

It would depend on a number of factors but one thing to keep in mind would be zoning as that will dictate what development is possible for the lot.
I would recommend consulting with an architect to fully understand the development potential and maximize your investment.
If you would like a referral please let me know.

Lizete Santos
... more
0 votes 3 answers Share Flag
Wed May 1, 2013
Sally Rosenman answered:
Don't get an agent until you have spoken with Mortgage Broker(s) to get an idea of how much you can afford to purchase....Actually, your comfort level is the most important. If you can afford $1,000,000 but your comfort level is $750,000, then only look at properties around your comfort level. In San Francisco, most properties are selling over asking. You need to take that into consideration. When you choose a realtor, she can help you!

Then talk to a couple of agents. Find out how she/he does business and choose to work with the Agent who you feel can do the best job.

You are welcome to go to my website and look under Mortgage Brokers for some excellent ones. Tim Wood and Ephraim Schwartz are good ones to use. If I can assist in any other way, please contact me.

Good luck!

... more
1 vote 9 answers Share Flag
Wed May 1, 2013
Good afternoon Seanf,

We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.

It is unlikely you could be approved for mortgage financing with that credit score at this time.

Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.

First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.

Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.

I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.

Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE.

The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.

The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.

Trevor Curran
NMLS #40140

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
0 votes 2 answers Share Flag
Tue Apr 30, 2013
Leopold A Rodriguez answered:
No, not as a buyer.

As a seller, perhaps, if you have already bandied about price and terms with a specific buyer.

Attorney at Law
400 Montgomery 505
San Francisco CA 94104
Office: 415.781.3000
... more
0 votes 3 answers Share Flag
Sun Feb 24, 2013
John Arendsen answered:
I just figured out why they're not opening. It's the parentheses. If you remove them then cut and paste them to your address bar they should open. Thanks for your indulgence.
0 votes 9 answers Share Flag
Wed Feb 20, 2013
Christopher Pagli answered:
Kitchens and baths are always the best bet. Others to consider are deck, siding, and flooring.

0 votes 8 answers Share Flag
Wed Feb 20, 2013
Kawain Payne answered:
If you know you have priced your home too high, REDUCE THE PRICE ASAP!!!

By having your home priced too high, not only is it not going to sale, but you are actually helping other RIGHT priced homes sale.

Buyers may view your home, then view one nearby which is priced right, and jump on the right priced home.

You are doing yourself and your poor agent a disservice by pricing your home too high!!!!

Kawain Payne, Realtor
... more
0 votes 10 answers Share Flag
Tue Feb 19, 2013
Jed Lane answered:
Who's doing what you want to do? Get close to them and see how they do it then go find your own money source and get going.
0 votes 1 answer Share Flag
Wed Feb 13, 2013
Kevin Ho answered:
In addition to what my colleagues have said below. Another consideration you might want to include is that your agent will have a good network of clients and contacts both within their own office and among their own clients. After all, real estate is relationship business — a referral of a trusted contact may be worth the extra premium a landlord would pay. In addition, in markets like San Francisco, there is a thicket of fair housing laws to follow. Agents should have expertise in this as well. On both counts as you can see that risk is reduced. ... more
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Wed Feb 13, 2013
Helen Yuen answered:
There is a helpful web site worth checking out...
www. -Hill-San Francisco-CA
0 votes 1 answer Share Flag
Tue Jul 10, 2012
Alison Hillman answered:
I know sometimes apartment buildings rent out spaces to tenants for less, I think I've heard as low as $200...and that's pretty decent for the area.

Hope that helps,
Ali, Community Manager ... more
0 votes 8 answers Share Flag
Tue Jan 17, 2012
Lee Clancy answered:
Street parking in Russian Hill is horrific...I strongly suggest getting a parking spot in a nearby garage as it will save you a half-hour circling Russian Hill to find parking each night after work! ... more
3 votes 1 answer Share Flag
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