5 Tips to Take Your Credit From Good to Great

Even if your credit is already solid, it pays to keep improving. A higher score (especially above 760) can give you more options — and better rates — when applying for a mortgage. Here are some tips to help you improve:

  1. Keep track of where you stand. Review your credit report regularly to make sure it’s accurate, and to look for areas where you can improve. Order yours free at annualcreditreport.com.
  2. Always pay bills on time. It may seem obvious, but a history of consistent on-time payments is one of the biggest factors in building a good score.
  3. Keep balances low. How much credit you have available is another important scoring factor, so keep balances as far below your credit limit as possible. Keeping your balances below 30% of your total available credit may improve your credit score.
  4. Keep unused accounts open. Open accounts with no balances mean you have more available credit, so it can help your score to keep them open even if you don’t plan to use them.
  5. Be careful about opening new accounts. If you need a new credit account and can comfortably manage the additional payments, great. But avoid anything that might strain your budget.

Source: Wells Fargo

SOLD – 2721 Taraval Street, San Francisco

Congratulations to my client on purchasing this wonderful single family home in the Sunset district! This home has tons of potential and is in a convenient location near so many things.  Wishing his family many years of happiness in their new home!

2721 Taraval Street, San Francisco
2 bed, 2 bath, 1200 sq ft.
Listed at $999,000 + Sold for $1,200,000
Represented buyer

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The Benefits Of Homeownership Go Beyond The Financial

Homeownership is a major part of the American Dream. As evidence of that, 91% of Americans believe that owning a home is either essential (43%) or important (48%) to achieving that “dream.” In a market where some people may be unsure about the benefits and possibilities of buying a home, it is important that we remember this.

Homeownership is NOT just about the money. In fact, some of the major benefits are non-financial. Here are a few of those benefits as per the National Association of Realtors: Continue reading “The Benefits Of Homeownership Go Beyond The Financial”

SOLD – 395 Imperial Way #122, Daly City

Congratulations to my client on purchasing a new investment property in Daly City, CA!  Wishing you many years of prosperity with your new family investment in the Bay Area!

395 Imperial Way #122, Daly City
studio, 1 bath, 483 sq ft.
Listed at $365,000 + Sold for $365,000
Represented buyer

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SOLD – 2000 Ellis Street #205, San Francisco

Congratulations to my client on selling his 1 bedroom condo in the 2000 Ellis Street building, just in time for the holidays! If you’re looking to sell your home in San Francisco, contact me today for a complimentary home analysis! I will show you how I can plan to market your home to sell for top dollar in today’s real estate market.

2000 Ellis Street #205, San Francisco
1 bedroom, 1 bath + 595 square feet
Sold for $745,000
Represented seller Continue reading “SOLD – 2000 Ellis Street #205, San Francisco”

JUST LISTED — 20 Ellington Avenue, San Francisco

START THE NEW YEAR OFF RIGHT LIVING IN THIS OUTER MISSION HOME WITH VIEWS OF SUTRO TOWER AND THE SURROUNDING HILLS! This 1400+ square foot semi-detached home has everything you need, plus all three bedrooms and one bath are located on the main level! Since this home is located at the end of a court with no direct neighbor on one side, it features extra light and some added privacy. Enjoy cozy evenings by the fireplace, and wake up to lovely views of San Francisco. An additional bonus room in the rear is the perfect space for a home office or additional living space. The lower level features added living space with three separate rooms and one bathroom. One car parking in the garage complete this home. You won’t want to miss it!

20 Ellington Avenue, San Francisco
3 bedrooms + 2 bathrooms
1,400 square feet
Listed for $998,000 Continue reading “JUST LISTED — 20 Ellington Avenue, San Francisco”

Interest Rate vs. APR: What’s the Difference?

When shopping for a new home loan, it’s easy to feel overwhelmed by the terminology that lenders and realtors use to describe various aspects of lending:  PITI, conforming/non-conforming, jumbo, conventional/nonconventional, ARM…  I often tell clients, when in doubt, ask your lender to explain anything and everything to you.  There are no dumb questions in real estate (and in life).

However, a frequent question I come across is what is the difference between an interest rate and an APR (annual percentage rate)? The answer is rather straightforward. Continue reading “Interest Rate vs. APR: What’s the Difference?”

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