Before you even start your house hunting, you need a license! I liken
the pre-approval letter from a qualified mortgage broker to a license
to go house hunting. Without that piece of paper, you may think you know
how much you can afford to pay for a home, but the banks may have a
different idea of what you can qualify for.
Every year, the SF Rent Board calculates the amount landlords can increase rent on rent-controlled properties. Effective March 1, 2012 through February 28, 2013, the allowable annual increase amount is 1.9 percent.
San Francisco, CA – January 26, 2012 – 230 Ritch Street, an architect’s dream home in the South Beach neighborhood, is now on the market and represented by Zephyr Real Estate. Designed by Santos Prescott and Associates under the direction of Adèle Naudé Santos, FAIA, it is a splendid amalgam of beauty and utility.
You've had your inspections and the loan has been approved. Now it's a
countdown to the close and our final step, Close of Escrow.Step 10: Close Escrow
- When all of the conditions of the purchase agreement have been met,
you will sign your loan documents and closing papers. You will deposit
the balance of your down payment and closing costs to escrow and your
lender will deposit the balance of the purchase price.
Your offer has been accepted for your dream home and you're in the
escrow period, during which the lender processes your loan and you
conduct your inspections of the house. Once the lender has approved your
loan, the appraisal has come in at the price you paid, and the
inspections have passed your test, it is time to remove the
Yes! Your offer for your dream home has been accepted by the seller and now it's time to start the escrow process.
Below is the San Francisco Association’s Market Focus report for January 2012. The
end of 2011 brought a decline in the number of homes for sale
throughout the city, setting up a seller’s market with prices trending
up. Stronger affordability conditions, a lower cost of owning versus
renting, and declining foreclosures, continue to steer the San Francisco
housing market in a positive direction.
Occasionally I read the inserts that come with my utility bills. Last month my water bill included information on a pilot program that uses 'graywater'
from your washing machine to irrigate your garden.
You've found your dream home and have submitted what you hope is a
winning offer to the seller. The seller has three options – to accept
your offer as is, reject it outright, or counter the price or any of the
terms, such as length of contingencies. The next step is to respond to
the seller's reply.
Everyone wants a successful, stress-free home-buying purchase, one
you can tell your family and friends about with a smile. Following the
previous 5 steps and the next 4 steps will help ensure you meet your
goal.You've found your dream home and have written what you hope
to be a winning offer. The next step is to present it to the listing