Posted on April 30, 2007 by Michael Novia
*The deal is done. Google is subleasing 210,000 square feet of office space at Hills Plaza, the largest leasing deal so far of 2007. This deal will bring 800 Google employees into San Francisco. Would you like to live near the search engine giant? There is currently one home for sale in Hills Plaza a 1 Bed/1 Bath/1 Parking/956 [...]
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Posted on April 28, 2007 by Michael Novia
Daily Real Estate News | April 27, 2007 Wells Fargo & Co. has agreed to settle a class-action lawsuit that alleged that the bank hid the real terms of its mortgage loans from borrowers. Class members are California customers who borrowed mortgage money from Wells Fargo Financial between Dec. 18, 1999 and Nov. 20, 2005. The Association [...]
Filed under: Mortgage Info | 2 Comments »
Posted on April 27, 2007 by Michael Novia
New one and two bed condos at Jackson Square. A total of sixty nine units. They are currently releasing twelve. A mix of one and two bedrooms. The one beds range in price from $550,000 to $1,000,000. The two beds range from $1,000,000 to $2,500,000. *40 parking spaces for 69 units. If you would like more information or would like to visit this building with me on [...]
Filed under: 733 Front Street, New Developments | 1 Comment »
Posted on April 26, 2007 by Michael Novia
Neighborhood safety is an issue I am often asked about. Here are some common sense suggestions on determining if an area is right for you.. 1. Talk to the neighbors. They always seem to be more than willing to share information. 2. Drive around the area at at different hours throughout the day to see who’s [...]
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Posted on April 26, 2007 by Michael Novia
When you sell a stock, you owe taxes on your gain—the difference between what you paid for the stock and what you sold it for. The same is true with selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains are based not [...]
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Posted on April 24, 2007 by Michael Novia
I thought this was a pretty funny story….. I had a client in a time crunch: to avoid capital gains tax, he needed to buy a condo within a month and move in by the end of the year, which was rapidly approaching. But there was nothing on the market he liked. Finally, I found some [...]
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Posted on April 24, 2007 by Michael Novia
Daily Real Estate News | April 24, 2007 The number of mortgage borrowers with down payments of less than the standard 20 percent who opted for private mortgage insurance rose to 118,214 in February, up from 108,980 in January and 104,146 year over year. During the housing boom, many borrowers sidestepped mortgage insurance by combining a first [...]
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Posted on April 24, 2007 by Michael Novia
Daily Real Estate News | April 24, 2007 Foreclosure continues to be a serious concern for many U.S. home owners. Indeed, according to a recent survey from Yahoo Real Estate and Harris Interactive, 22 percent of home owners are at least somewhat concerned about the possibility of foreclosure due to their inability to meet monthly mortgage payments. [...]
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Posted on April 23, 2007 by Michael Novia
LOAN OPTIONS FROM GUARANTEE MORTGAGE Below is a brief explanation of some of the most commonly used loan programs. Consult your loan agent for further details. FIXED RATE LOAN A loan, which has an interest rate that remains constant throughout the life of the loan, usually available for 30 or 15 years, even for 20 [...]
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Posted on April 23, 2007 by Michael Novia
Here are 5 ways to speed up your sale: 1. Price it right. Set a price at the lower end of your property’s realistic price range. 2. Get your house market ready for at least two weeks before you begin showing it. 3. Be flexible about showings. It’s often disruptive to have a house ready [...]
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