Adjustable Rate Mortgage (ARM): A mortgage where the rate changes over time in line with movements in an index. ARMs are also referred to as AMLs (adjustable mortgage loans) or VRMs (variable rate mortgages). Adjustment Period: The length of time between interest rate changes on an ARM. For example, a loan with an adjustment period of one year is called a one-year ARM, which means that the interest rate can change once a year. Amortization: Repayment of a loan in equal installments of principal and interest, rather than interest-only payments. Annual Percentage Rate (APR) : The total finance charge (interest, loan fees, points)… read more.
Glossary of Common Real Estate Terms
Tuesday, September 15th, 2009Andrew’s Frequenty Asked Questions
Tuesday, September 15th, 2009Q: Why does it seem like I can generally get more for my money with a TIC in a 3-unit building than in a 2-unit building? With the market in San Francisco remaining quite healthy with relatively low inventory and large price tags, entry-level buyers continue to consider partial interest purchases in buildings (as Tenants in Common – TICs) at the same time they seek out more traditional condominium purchases. Most TIC listings are 2-4 unit buildings that are offered for sale as a whole, although we are beginning to see larger building sales offered and structured as TICs as well. The… read more.
City of San Francisco- Mayor’s Office of Neighborhood Service
Thursday, January 22nd, 2009Want to know the name of your district supervisor? Or perhaps you’re looking for post office or library? The following link is a compilation of many of the City’s most requested and used services, along with a directional map. http://gispub02.sfgov.org/website/nuviewer/monsmap.asp?bhiw=1239&bhih=774 Courtesy of the City of San Francisco’s Mayor’s Office of Neighborhood Services.
Saturday, August 9th, 2008
Are your assets protected for your heirs? By Martha Daetwyler Taking the time to prepare an estate plan is one of the greatest gifts you can give to your family. A well drafted estate plan will make sure that your assets go where you want them to and will minimize the time and expense involved in the transfer of your assets after your death. Also, you can make sure that your financial affairs and medical decisions are handled as you would wish during any periods of incapacity. This month, we’ve brought in estate and trust expert Martha Daetwyler, an experienced and highly… read more.
Housing Market Feeling Cooler, But Not Chilly
Tuesday, April 18th, 2006By Mark Calvey and Ryan Tate San Francisco Business Times The Bay Area housing market is showing signs of cooling alongside more significant slowing in once-hot markets like Phoenix. Housing appreciation in the Bay Area dropped below double-digit figures for the first time in more than two-years in February, according to DataQuick Information Systems. The median-home price rose 9.6 percent to $763,000, the research firm … read more.
Located in the heart of the HOT Valencia Corridor, this contemporary 2-bedroom / 2-bath condo offers access to the best of SF city living.
One of three units in a 2003 building, this modern home has a practical floor plan –… 