San Francisco Mortgage & Financing Info, San Francisco Real Estate Info for Buyers, San Francisco Real Estate Market Conditions
03 October 2007
So you’ve made it through the first two steps in the home buying purchase and you’ve picked your REALTOR®. You’re on your way to buying your own little piece of San Francisco real estate. But you’re not ready to get out there and go home shopping just yet.
First, you need to know how much you can afford. It’s scary how few people are out home shopping without having a clue as to what price range they should be shopping in. When I first meet clients, I always ask them how much home they think they can afford. The answers NEVER match the truth – they are either WAY more (I had a client come to me thinking they were in the $600-700K price range when they were in the $1.2M price range) or WAY less (another client thought they could swing $700-800K but couldn’t afford $500K) than reality.
Either way, if your impression of what you can afford doesn’t match your reality, then you are, frankly, wasting your time.
So, before ebmark on your SF home search, Continue Reading
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