Buying real estate in San Francisco can be a challenging and complex process. It’s our job to take the stress out of the buying process and make it an enjoyable experience for you. For the last 20 years, that’s exactly what we have done for our clients. We know that you need an advisor rather than a salesperson when buying a home. A professional that will listen to your wants and needs, develop a clear understanding of exactly what your are looking for and show you only properties that are a good fit without wasting your time. We will get you the information you need to make informed decisions to find the right home at the best possible price. Below are few buyer tips.
Know what you can afford. Unless you are paying all cash for your property, we highly recommend that you talk to a local lending specialist to get pre-approved for a loan. This will put you in a much stronger position when it comes time to make an offer.
Get perspective on the market. We can help with this by providing you the latest on availability and pricing trends in your desired neighborhood. Make time to visit properties that are currently on the market. The more homes you see the better informed you will be when it come time to submit an offer.
Negotiate. All offers are not created equal. It’s not just about pricing, it’s also about terms. We can help you negotiate and submit an offer that will give you the greatest chance of success while making sure your best interests are protected.
Investigate the property. While you are in escrow we can help you conduct a thorough due diligence of the property with specialized licensed inspectors. This is one of the most critical phases of buying a home. It’s in your best interest to know as much as you can about the physical, electrical, mechanical, and seismic condition of the property. Disclosures only go so far, a comprehensive vetting of the residence can save you money and avoid unwelcome surprises later.
Anticipate closing costs. In San Francisco the buyer customarily pays for home inspection fees, title insurance fees, loan origination fees (if you are getting a loan), appraisal fees, prorated real estate taxes, and various other escrow recording fees. During escrow the title company will provide a detailed explanation and breakdown of all closing costs to you.
To discuss your buying needs further feel free to give us a call at (415) 385-5263 or email us here.
Before you begin your search for a home it’s highly beneficial to get pre-approved for a loan. San Francisco offers many types housing options including single-family homes, condominiums, tenancy in common (TICs), and co-ops with varying lending parameters. We recommend that you contact a local lending specialist to determine the right for loan for you. Below are a few recommendations:
First Republic Bank
111 Pine Street
San Francisco CA 94111
3800 24th Street
San Francisco, CA 94114
101 Larkspur Landing Circle, Suite 223
Larkspur, CA 94939
Capital Access Group
150 California Street, Suite 250
San Francisco, CA 94111