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Home Buying in South San Francisco : Real Estate Advice

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  • Home Buying44
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Activity 35
Thu Apr 25, 2013
Cindy Davis answered:
Sounds like you're making a statement as opposed to asking a question. House are increasing in price...

For a little perspective, we are only 50% of the way back to the prices of 2004-2006. And, today's buyers are FAR MORE Qualified than they were during the last boom.

We're definitely on an upward movement...whether it's good or bad remains to be seen.
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Thu Apr 18, 2013
Ron Thomas answered:
Well, the recession lasted, how long, 3-4 years; and some say we are still in it.
The Economy is a roller coaster ride; has been for two hundered years. It goes Up, and it goes down.

The advantage of Real Estate is that over the long term, it goes up. There has not been a seven year term when R.E. was down.
And, yes, no one CONTROLS the prices of Real Estate.
Remember, they aren't making any more of it!
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0 votes 7 answers Share Flag
Thu Feb 14, 2013
Miekeba Jones answered:
Hi abcboy69, Consult your Realtor. Do you need help finding a Realtor in your area?
0 votes 10 answers Share Flag
Thu Nov 8, 2012
Maria Gilda Racelis answered:
My recommendation to you is to consult a loan officer to prepare yourself to trek the road to home ownership.

"Instead of looking at homes through the eyes of an economist, weâ€re realizing that a home doesn’t solely equate to financial return or measure only to a mortgage amount. Instead the home is the emotional center of our lives, and it remains a critical component of who we are.” ... more
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Thu Oct 11, 2012
Carole Fogelstrom answered:
Sorry to tell you that this property has not been on the market since 2006 when it sold for $750,000. However, the link that shows up in your question is for a 2 bedroom condo for $285,000 that is Active.

If you like some help, feel free to contact me if you do not currently have an agent.

Carole Fogelstrom
Today Sotheby's International Realty
(650) 878-8813
Carole@CaroleFogelstrom.com
www.SouthSanFranciscoHomes.com
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0 votes 1 answer Share Flag
Sun Jun 10, 2012
June B Darling asked:
if possiable, two bedrooms . lower priced space rent, or own the lot. lower yearly taxes. we are looking to buy for cash, not on credit. south san francisco, or daly city area only area...
0 votes 0 Answers Share Flag
Mon Jun 4, 2012
Ron Thomas answered:
A lot can change in a year;
who knows where the prices will be.
You should spend some time in SSF; got to lunch, go garage saling, go shopping....
Don't take anyone else's word for it. ... more
0 votes 4 answers Share Flag
Tue Apr 17, 2012
scott farmer answered:
Dear Jimmo,

If it comes down to it you could do an eviction if needed. The seller may be strapped for money and a cash for keys is another option if they have not vacated the home by the time it closes escrow. Cash for keys is a cheaper option than eviction and it's basically giving them some money to move out and leave the place in good shape. You also most likely have the option of suing the seller for non-contract compliance if your contract states the terms of property possession. Of course trying to get blood from a stone doesn't really work.

Hopefully they will find another place to live soon and things will continue moving forward smoothly for you.

good luck,

Sandy
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Tue Apr 5, 2011
Roswell Moore, answered:
Chapter 7 NO

Chapter 13 - YES, after 12 months of timely payment & the Judge's OK...
0 votes 1 answer Share Flag
Wed Jan 5, 2011
David 'Tap' Tapper answered:
Hi Cathy,

Every HOA is different in regards to pets. I don't know if the HOA's can restrict you to certain dogs, but some have a weight restrictions.

Your best bet would be to work with a local Realtor and have them to the leg work and probe around for you. I believe the townhouses on Sneath Lane, Squail Point might allow dogs besides the Peninsula Place in San Bruno.

Good luck,

Tap
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0 votes 0 Answers Share Flag
Sat Nov 27, 2010
Michael J. Liffmann answered:
It is a great time to buy. Prices are lower and interest rates are at historic lows.
Let me know if I can be of help.
Good Luck
Michael Liffmann
0 votes 6 answers Share Flag
Thu Dec 16, 2010
Shawn G. Washinko answered:
No, the "as-is" you mentioned in your question means that you are buying the property at the price you agree to in the condition it is in. Just make sure you offer a price low enough for you to be comfortable in paying for the repairs yourself.

Shawn Washinko, GRI
Rutenberg Realty, Inc.
Clearwater, FL
(813) 258-1242
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0 votes 6 answers Share Flag
Wed Mar 15, 2017
BayAreaHomeRebate answered:
Just buy something else in another area. The value of these will probably go down because of the lack of HOA mgt in the area. They should have known about the clubhouse issue prior to an emergency assessment.

If you can find a another deal somewhere else, go for it.
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0 votes 7 answers Share Flag
Thu Oct 21, 2010
Anna M Brocco answered:
Not sure the question is understood--Are you looking for closing costs, how much to offer, etc.--in either case your agent can best advise you--as for closing costs--you can expect title insurance, transfer taxes, escrow fee, recording fee, inspection fees, HOA fees, etc. As for making offers--there are no set standards--base your offer on recently sold similar properties in the immediate area--again your agent can best advise. ... more
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Thu May 20, 2010
Glen Mitchell answered:
you need to talk to an attorney. Did bank approve sale? For future info, there are ways to structure an offer so that you dont put your deposit in escrow until that point. How big is deposit? Attorney may recomend small claims court and then you can get a judgement to have title release funds. Is seller still living at house? You may want to stop by and see if you can catch them in person to sign the release. Sorry things didn't work out better for you.

Glen
Broker
... more
0 votes 6 answers Share Flag
Thu Feb 2, 2017
Dan Lobb answered:
If you don't get an answer from a local agent on here, I suggest contacting a local title company. They can give you a sort list of the fees to be charged and will be glad to furnish it to you. Typically, cash sales have very low closing costs. (If you are the seller, you didn't say whether you are buying or selling) Do you have a mortgage that will be paid off from the proceeds? If so, there will be some additional costs. I would be sure to include that when asking about closing costs. I hope this was of some help. ... more
0 votes 10 answers Share Flag
Sun Mar 28, 2010
Dan Chase answered:
You are looking at a realtytrack listing. Ignore it. That is not what it can be bought for.

It is probably listing the amount of a note the house is behind payments on. It will not sell for that price.

For real foreclosure listings any real estate agent can help you. All real foreclosures are on the MLS which all agents access to find properties for their clients.
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0 votes 5 answers Share Flag
Wed Jun 23, 2010
Neil Patel answered:
Typically, a Final walk through is done after your requested improvements and repairs have been completed by the seller. I would ask for all receipts and invoices before or during the final walk-thru to keep track of what all was done at what time and by which contractor. ... more
0 votes 21 answers Share Flag
Fri Feb 26, 2010
Scott Godzyk answered:
Carrie there may not be anything you can do until it goes through foreclosure, you should first check to see if it is listed, then need to check for when the auction is scheduled and research that. In most cases the seller owes too much and cant sell it before the auction and wont sell at auction as they owe too much. I these cases the bank buys it back and then will place it on tehmarket with a local broker. You can hire a buyer agent to do all the research for you and look out for your best interests. Once the house is vacated, you will need to check to see when it is assigned to a realtor, they will post their contact info on the door. As with any foreclosure you need to do your homework, make sure you are preapproved now and do any inspections before making an offer as it is sold as is. good luck with your search ... more
0 votes 6 answers Share Flag
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