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home buying: 5 Tips on Improving Your Chances in a Multiple Offer Situation - 06/24/09 10:32 AM
"Multiple offers? I thought we were in a Buyer's Market?" Well, it certainly IS a great time to buy in that we are seeing interest rates that are still at historical lows coupled with housing prices that are more affordable. But on the other hand, here in the San Francisco & Peninsula area, we are seeing an increasing number of multiple offer situations. For example, on the last home my clients submitted an offer for, there were 26 (yes TWENTY-SIX!) offers, all of which were put in within the home's first two weeks on the market! Whatever the reasons for this,
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home buying: Pregnant and Buying a Home? - 02/16/09 10:14 PM
I learned something new today that I thought I would pass on to others. If one of the buyers is on maternity leave, there are some lenders who will not count that person's income when it comes to qualifying for a loan. The apparent rationale is that there is a probability that after having a baby, the mother might end up not returning to work and hence, will not have that income any more to help pay for the mortgage. Just something to keep in mind if you (or a client) are getting ready to have a baby and buy a
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home buying: Nationwide Roll Call! - 01/29/09 08:31 AM
I recently noted on twitter that the real estate market has definitely been picking up here in the San Francisco Peninsula. My Prudential office is based in San Bruno, but our agents (like in most offices) work in cities throughout this area - San Bruno (of course), Daly City, Millbrae, Burlingame, San Francisco, Hayward, Antioch, Hercules, etc. Anyway, our sales board is almost full for January already, which I don't recall happening for any month in the past year. I've been incredibly busy with buyer consultations, showing homes and providing CMAs, and many of my fellow agents have been as well.
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Jean Joh - SF Peninsula Real Estate
Millbrae,
CA
More about me
Prudential California Realty
Address: 180 El Camino Real, San Bruno, CA, 94066
Office Phone: (650) 871-3646
Cell Phone: (650) 636-3147
Email Me
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