Articles Filed Under: Real Estate Resources

(78 posts)

Assessing The Potential Upside Of A Down Market: Tax Basis Redux

“Starting July 2, California homeowners who think the market value of their home as of Jan. 1, 2009, is less than its assessed value for 2009-10 can ask their assessor to revise it downward. Because property taxes are based on the assessed value, a successful appeal will temporarily reduce... Read More »

Carl Terrace (415-437 Carl) Update: On Pace For A Sale A Year

Carl Terrace (415-437 Carl) Update: On Pace For A Sale A Year

It was almost two years ago that a reader first wondered about the renovation of twelve units up at 415 Carl. And it was about six months later that they first hit the market. Asking $489,000 in January of 2008, the list price for 415 Carl has been reduced... Read More »

“Home Affordable Modification Program Guidelines” Dated March 4

The official guidelines for President Obama’s $75 billion homeowner rescue plan: Home Affordable Modification Program Guidelines (pdf). We’ll note the high-cost loan limits for qualifying loans (up to $729,750 for single units); that homes must be owner occupied and a verified primary residence; and income, asset and hardship screens... Read More »

A $729,750 SF Home With $25,541 Down (2009 FHA Loan Limits)

2009 FHA loan limits were released on Wednesday. The limits for high-cost San Francisco: one-family – $729,750; two-family – $934,200; three-family – $1,129,250; four-family – $1,402,400. ∙ FHA Mortgage Limits Read More »

New S&P/Case-Shiller Condo Price Index: San Francisco MSA Falling

New S&P/Case-Shiller Condo Price Index: San Francisco MSA Falling

According to the newly released S&P/Case-Shiller Condo Price Index, condo values in the San Francisco MSA fell 3.3% from August ’08 to September ’08, are down 15.0% on a year-over-year basis, have fallen 17.2% from a high in October 2005, and have dipped below levels last seen in October... Read More »

Perhaps Not Disclosed, But We Might Suggest Some Discovery

Perhaps Not Disclosed, But We Might Suggest Some Discovery

While we do like the mention of “new concrete foundation, electrical, plumbing and heating” (and the bonus rooms), we’re not particularly keen on the lack of any recent permit history (not to mention the “Hazardous Building” complaint) online. And unfortunately (for more than one party), it is a trust... Read More »

JustQuotes: It’s Time To Make Some Property Tax Lemonade

“San Francisco homeowners are flooding City Hall with so many requests to reduce their property values that the tax assessor said today his office may not be able to meet the demand. So far, Assessor-Recorder Phil Ting’s office has received about 1,000 requests for informal reevaluations – three times... Read More »

Arterra Is About To Be Occupied And A Reader Seeks Some Advice

From a plugged-in reader: A few weeks back I received my 30 day notice to close escrow on my unit at Arterra. I believe I will be one of the first people to close in late July. More important in a week or so I will do going through... Read More »

Subprime And Alt-A Statistics By County: The Feds Mortgage Map

Subprime And Alt-A Statistics By County: The Feds Mortgage Map

Well, while a plugged-in tipster directed us to the site last week (cheers), another plugged-in reader steals a bit of our thunder and forces a pre-analysis publication by pointing it out this afternoon (yes, cheers as well). It’s the Federal Reserve’s “Dynamic Maps of Nonprime Mortgage Conditions in the... Read More »

Assessing The Potential Upside Of A Down Market: Property Tax Basis

“If your home is worth less than you paid, chances are you also can get a temporary reduction in your property taxes – without a battery of lawyers or dubious arguments about functional obsolescence.” “Some companies offer to submit a request on behalf of homeowners for $25 to $200,... Read More »