Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

San Francisco : Real Estate Advice

  • All2K
  • Local Info250
  • Home Buying987
  • Home Selling131
  • Market Conditions81

Activity 3,728
A few minutes ago
Alexander Ross answered:
You will need to requalify for a mortgage by using your credit score, equity in home (you should have quite a bit), and your income and assets. From that we can get you an idea of rates and terms we are looking at. Feel free to reach out to me and I will give you more details.

Best,
AR
... more
0 votes 1 answer Share Flag
A few hours ago
Flossie818 answered:
Make sure the contractor IS BONDED, INSURED & have WORKERS COMP!!
0 votes 33 answers Share Flag
Sat Feb 18, 2017
Sheryl Arndt answered:
Hello Amy, how much are you currently paying in rent now and what is the maximum payment you are looking for now? Are you looking for a condo, townhome or single family home. How long of a maximum commute are you looking for?

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

The rentals or purchase in San Francisco can be affordable depending on search criteria.

You should study RENT vs BUY options as you may qualify to buy and pay less than rent in many local cities. You may qualify to buy with minimum out of pocket expenses and pay less than rent.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

If you decide you want to buy you will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

If you are buying a primary residence you could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score up to 424k.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 424k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 424k.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 2 answers Share Flag
Fri Feb 17, 2017
Donald D. Hensel answered:
If you have a down payment of 50% and experience in real estate many hard money lenders would be interested but the sale at the court steps would make things more complicated as the transaction wouldn't have title insurance and go through escrow.
http://www.northcoastfinancialinc.com/hard-money-lenders-california/san-francisco-bay-area-hard-money-lenders-loans/
... more
2 votes 2 answers Share Flag
Fri Feb 17, 2017
Lbrun10110 answered:
Doing comps for a CMA. 1) How much value does a 4th bedroom have?
2) How musch added value for sewer VS Septic?
0 votes 17 answers Share Flag
Mon Feb 13, 2017
Aholbrook62292 answered:
I make 36500 a year and have a 309.90 car payment. Can I buy a house?
0 votes 6 answers Share Flag
Sun Feb 12, 2017
Christinemcmahon answered:
Get new countertops (granite or one of many other upscale options) in a more neutral color and paint the oak. Add updated hardware, if you haven't already. Many buyers like white cabinets now. Sand the cabinets, wash them with TSP, prime, then paint. We did some of our cabinet in cement gray, which is popular now, too. If you are going to rip out any cabinets, take out only some of the uppers (which are the ones with the cathedral tops) and put in open shelving. I haven't had anyone even notice my cathedral cabinets since I painted them and updated everything around them, though, so removal shouldn't be necessary. If the kitchen can handle darker colors, the easiest option is to paint the cabinets with a thin layer of high-gloss chocolate or mahogany paint. Do a light sanding (don't remove all of the finish) and paint the cabinets with one thin layer of paint (not stain--regular opaque paint), following the grain of the wood with your paint brush. Do only one coat. Some of the grain will be visible through the paint and it will transform it into an antique, rich-looking wood. The upshot is that you need to alter both the cabinets and the countertops, though it needn't be a huge ordeal. If you leave a dated kitchen in an otherwise-updated house, you'll not only get a lower price, but a lot of buyers will be turned off altogether and it will take you longer to sell. ... more
0 votes 32 answers Share Flag
Sun Feb 12, 2017
Mzcutiee36 asked:
Wed Feb 8, 2017
Ran Chen asked:
Sat Feb 4, 2017
Agutierrez answered:
I am familiar with this process. You can send me your contact information and we can talk about the process and how I can help you. All counties have different processes. Send contact information to AGutierrez@4phaseproperties.com. ... more
0 votes 7 answers Share Flag
Wed Feb 1, 2017
Bobbysgram2200 answered:
they are terrible and getting worse..they are over the line with some of their tactics and you would think with the past reputation they would straigten out their act but they appear to be getting worse! ... more
0 votes 15 answers Share Flag
Wed Feb 1, 2017
Deborah Beland answered:
Is it safe to purchase a quick sale all in cash offer
0 votes 16 answers Share Flag
Mon Jan 30, 2017
Sam Shueh answered:
Suggest you sell and rent month to month in SF until you find your dream home. You have ample reserve and home prices in SF will stabilize......
0 votes 2 answers Share Flag
Mon Jan 30, 2017
Sheryl Arndt answered:
Hello Kellyhoehler85, yeah they removed them so that is suspicious. There is a link to report fraud listings. You are posting in the "Home buying in San Francisco" so are you planning on buying?

The purchase in San Francisco starts from 213k for a 409sf studio condo, 249k for a 1,022sf 2bd 2ba condo, 425k for 1,532sf 3bd 2ba condo and the single family homes start from 499k for 2bd 1ba 1,044sf top floor.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 2 answers Share Flag
Mon Jan 30, 2017
Feliciabiar answered:
Wood burning or nothing. I'm shopping for a home now and am having trouble finding one. I live in a cold climate and wood is plentiful so I don't understand the preference for gas. It's so expensive comparatively.! ... more
0 votes 17 answers Share Flag
Mon Jan 30, 2017
Sheryl Arndt answered:
Hello Catliberta, you may be able to negotiate closing the sale of your home concurrently with the purchase of the new foreclosure purchase. The market is low of inventory of homes for sale so they sell quite fast where these types of negotiations are possible today.

Do you have your home listed? Do you know the value and have an idea of where you want to buy now? A CMA, comparative market analysis can be done on your home for an idea of a market value to start with. Are you looking to buy in 94114 zip code of San Francisco?

The purchase in 94114 start from 799k for 1bd 1ba 808sf condo, $1,099,000 for 2bd 1ba 1,044sf condo, $1,350,000 for 3bd 2ba 1,402sf top floor unit and the single family homes start from 1.5m for 2bd 1ba 1,100sf home.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 1 answer Share Flag
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

563