Monthly Archives: September 2013

Just Sold: 2BR/2BA Mission Dolores Condo

Just Sold: 2BR/2BA Mission Dolores Condo

Like the other 11 buyers who wrote offers on 130 Landers #C in Mission Dolores, my client was wowed by the spacious, two-level floor plan with a private deck just off the living room. The well-appointed unit features two large bedrooms, a master suite, and formal dining room, along with parking and storage.

Part of the Church Street Gardens development, 130 Landers #C has direct access to the park-like common garden with multiple seating areas, bbq patio, and sauna. It’s a great oasis in the midst of one of San Francisco’s most popular neighborhoods. My client will love living in his new home! List price: $815,000.

10 Reasons Why You Should Buy Title Insurance

One of the most expensive items on your home purchase closing statement is title insurance. If you’re getting a loan, the lender will require a policy on the loan. But you may not be required to purchase a homeowner’s policy. Should you skip it?

In a word, no. The owner’s title policy will protect you against future claims against the property. Though the title company does a search through public records prior to the closing, unexpected things can pop up. Without title insurance, you’re flying without a net.Continue Reading

Park Lane Raises Bar for Luxury TIC Market

Park Lane Raises Bar for Luxury TIC Market

The luxury TIC trend hits a new high with Park Lane at 1100 Sacramento in Nob Hill. About to become the largest and most high-end TIC project in San Francisco, 1100 Sacramento is positioned to be the mother of luxury TICs.

Tenancies-in-common (TICs) have traditionally been purchased by buyers who couldn’t afford condos, and who would assume the risk of sharing a mortgage and title so they could become home owners, preferably in desirable and popular San Francisco neighborhoods.Continue Reading

Where the Cash Buyer Competition Is

If you’re aiming to close on a property in 2013, it’s a good idea to size up the competition and hone your strategy at this point in the year. After all, we only have a couple months left before Thanksgiving (I know!), and inventory slows down right after the turkey leaves the table.

In very thick multiple-offer competition, the biggest wild card will be whether a cash buyer steps into the mix who’s willing to pay top dollar to buy a home. As most real estate fans know, cash sales don’t equal discounts, and cash buyers know that they have to offer a competitive price to win.Continue Reading

Marlow 70% Sold Out, Sight Unseen

Marlow 70% Sold Out, Sight Unseen

One of the fastest-selling condo developments has been the 98-unit Marlow at 1788 Clay in Nob Hill, which kicked off sales in the Spring . The building is 70% sold out, according to the sales office, and buyers continue to make purchasing decisions without actually seeing the condos in person. Instead, they’re referencing floor plans and the model in the sales office.

Marlow is one of the rare new developments in the north end of town, so that makes it a popular choice among buyers who are looking for an easy commute downtown or to the North Bay, as well as to 101 via Van Ness. The building is also situated in the heart of the Polk retail corridor, which makes things extremely convenient for residents who want to be able to walk to shops, restaurants and cafes.Continue Reading

21 Days & Counting: Hot SF ‘Hoods

San Francisco inventory is typically snapped up within a week in popular neighborhoods. But it may come as a surprise to find that there are many properties that have been on the market for three or more weeks—and are still available.

For buyers who are tired of competing in multiple-offer situations, it’s time to revisit the listings that are taking offers as they come. Today we take a look at three homes in the hot neighborhoods of Bernal, West Portal and Cow Hollow that have been on the market for 21 days or longer:Continue Reading

NoPa Condo Worth the Compromise

NoPa Condo Worth the Compromise

With the average 2BR condo in NoPa at just under $900,000, buyers in price ranges lower than that are considering making compromises in order to attain this location—which leads them to the possibility of a 1BR.

Some really cool 1BR condos hit the market this week listed in the high $600,000s, but my favorite is 1960 Hayes #11. Where have you seen an exclusive-use deck this big (above) for a condo recently?Continue Reading

What You Can Buy: 3BR Houses for $1M

Ah, a three-bedroom single-family home in San Francisco—the holy grail of local real estate.

There are currently 102 such houses on the market as of this writing, at an average list price of $1,206,627. But the good news is that there are plenty of homes available. It’s just a matter of being flexible about what you may need—and which neighborhood you’d like.Continue Reading

Get a Grip on the Cost to Sell in San Francisco

It’s a good time to get familiar with the basic costs involved when you sell your house. Many homeowners have just put their properties on the market, and many more will follow suit between now and Thanksgiving. Having a solid grip on what it will cost you to sell is important as you plan your move.Continue Reading

5 Tips for Surviving the Fall Real Estate Market

It’s officially “after Labor Day,” and that means one thing in the real estate world: Time for new inventory, new buyers and sellers entering the market, lots of sometimes chaotic activity and mostly, a mad scramble to get everything done before the end of the year.

Spring is typically a high point in San Francisco real estate. But it’s been my experience over the past eleven years as an agent that the Fall can be even busier, and also carries with it more of a sense of urgency. This is driven by leases ending in December, or transactions closing by the end of the year for tax purposes, to name a couple motivators.Continue Reading

Get in touch:

Eileen Bermingham

Zephyr Real Estate

415.823.4656

ebermingham@zephyrsf.com

BRE# 01352627

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