A long-time client sent us a tip on a terrific new book by Richard Florida, “Who’s Your City?” For fans of economic theory and real estate (and who isn’t?) it’s an interesting read.
As noted by Carol Lloyd in the San Francisco Chronicle, the book explains in a very rational manner why Bay area home […]
That’s a decision every buyer needs to make on their own.
I heard a great quote the other day:
“The time to buy is when there is blood in the streets. Not when everyone else is buying, when you’re fighting with five other offers to get accepted. It’s when nobody else is doing it.”
There’s plenty of […]
The Fed’s surprise rate cut last week of .75 points won’t affect mortgage rates, at least in the short term. But it will be a big net positive for the market.
There will be three big effects on consumers that will positively affect house-buying activity.
1. Home Equity Loans. If you have one and it’s linked […]
The Buyer’s Market in Marin County is creating all kinds of new rules when negotiating a purchase. Well, not really new rules - it’s just been so long that lots of people don’t remember what it is like.
When we purchased our first home in Corte Madera in 1990, we put in an offer 10 % below […]
How do you pull that off, when a conforming loan is $417,000?
Simple - Seller Financing.
This is a great house, incredibly charming, great yard, and an easy walk to the Ross School.
The seller is willing to finance, for five years, at the same rate as the conforming loan. It works like this.
Sale Price: $1,199,000
20% Down: […]
