Tag Archives: Relocating to San Francisco

The Inside Scoop for 1st Time Home Buyers for a successful San Francisco Home Purchase right NOW!

Young Couple9 Tips for making a successful purchase in the current Sellers Market

As you know inventory in San Francisco is at its lowest mark in more than seven years.  With such a low supply comes steeper competition which can put 1st time homebuyers at a disadvantage.  I like to look at it as an opportunity to be informed and prepared.  (Tips at the end)

Evaluating property and the market.

A Discussion:

With low inventory the first time home buyer may be going up against investors who are also targeting the bargain-priced or lower priced homes that are in the same pool in which you are looking.  Investors and contractors come to the table with buying power, large down payments and/or cash, which can edge you out of the deal.  One strategy is to prepare to compete.

In a Sellers market, a strategy that is often employed by listing agents, are to list the homes for well under the market, in hopes of attracting a large number of offers.  This means each home must be individually evaluated against the market to see if this is the case.  If so, the buyer must be prepared to bring their offer in at the regular market price which can be substantially, sometimes $10k-$100k or more over the inappropriately low asking price.  Just because a price is listed, it does not reflect the market value or the actual final purchase price range.  Conversely, some homes do not require an overbid and your agent will be able to advise you accordingly. Continue reading

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20 Parkridge Dr. #9 – Twin Peaks

Fabulous Downtown Views from this 2 Bed, 1 Ba.  2nd SOLD in this remodeled development of 12 Units. Garage, Deck, Storage, In-Unit Laundry,  Other Units available. SOLD for $519,000

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Twin Peaks Tech Chic 2 Bedroom SOLD for $535k, Only 2 left!

Guess where I’ll be this Sunday?  Happily showing the Memorial Weekend OPEN HOUSE on Sunday from 1-4:30pm at 20 Parkridge Dr. at Burnett off Market Street on Twin Peaks in San Francisco. 

I just SOLD Unit #12 to my ecstatic Buyer for $535,000.   Only 2, Two Bedroom Units are left!  #9 is offered for $519K.  What? Make sure to stop by and soak up these chic and beautiful,  fresh remodels featuring  hardwood floors, recessed lighting, new stainless appliances, parking and storage. 

 Enjoy a Modern | High Tech Open Living, Dining Kitchen Floor Plan filled with light from oversize double pane windows. New Stainless Steel Fridge, dishwasher, range and microwave.  Your two huge bedrooms are on either side of a spa like bathroom and the home features an in-home laundry with new machines. Take in the famous & enormous Downtown and Twin Peaks Panoramic Bay views from your private balcony.

A Few blocks from Molly Stones , Glen Canyon Park and centrally located in the middle of San Francisco for North or South commutes. Set beneath a green median and upon the hillside makes it private and accessible. A tremendous value for the location and comparable units currently on the market. Everyone who has purchased is delighted with their “find”.  Just right for the first time home buyer, student, professional, bachelor or bachelorette or a light and bright pied-a-terre.  Come and See me!

Showing by:  Erika Burke 415.321.7076, [email protected], DRE#01386234

Listing Agent, Vanguard Properties, Jonathan Deason

 

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Erika Burke is a Certified Residential Specialist…So What?

Team Leader and Estates Group Founder, Erika Burke is a Certified Residential Specialist.

The Certified Residential Specialist (CRS) is the highest Designation awarded to sales associates in the residential sales field. The CRS Designation recognizes professional accomplishments in both experience and education.

Since 1977 the Council of Residential Specialists has been conferring the CRS Designation on agents who meet its stringent requirements. Currently, there are more than 30,000 active CRS Designees.

Erika qualified to become a CRS after 5 years in the business and over $25M in sales and then followed up by taking and passing advanced graduate level real estate courses, along with continuing education to keep her memeber ship active.

Erika uses her CRS membership to connect with other top flite Realtors throughout the country to give and receive referrals to better serve her clientele who are relocating to or from San Francisco and the Bay area.

Learn more about Erika as a CRS and the organization by visiting:

http://crs.com/Display_Member?rec=6641553

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Stay at Green Hotels when you can – Great Link here.

Taken from the California Association of Realtors Green Tip of the Week: Sustainable Sleeps
If you’re traveling, consider staying at green hotels.  Hunt for green lodging at http://www.istaygreen.org

greenhotelsErika Burke, Realtor, CRS, e-Pro, GREEN has earned the National Association of Realtors GREEN designation.  For more information visit C.A.R.’s Green Web site (http://green.car.org).

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