T I M E T O S T A R T
T I M E T O S T A R T
Most people will view a home purchase as place where you’ll live. Whether a bathroom is en suite (directly adjacent to) a bedroom is more of a concern than whether you’re maximizing a given multiplier effect. Of course home buying is about the fun of the chase, discovery and victory. You get to learn about the City in which you live (or want to live) and get a glimpse of how people live (or how they strive to live).
But look at a property purchase like you would look at a stock, baseball card, precious metal — i.e., as a commodity and the financing of it. Like any other good investment asset, most real estate allows you to build equity and to build wealth proactively by putting your money to use fully as opposed to simply paying rent. In a city like ours where finite land has been developed maturely, where public policy pressures the marketplace this making new development and/or redevelopment i cost-prohibitive if not bureaucratically challenging, real estate is naturally positioned to appreciate.
Buying makes even more sense if you can hold property for some years either as an investment property or because you’re simply not paying rent. Historically low mortgage interest rates make the prospect even better because having a fixed interest rate at 3.5% or 4.5% will mean you’re paying more principal down faster thereby earning you more money.
San Francisco’s property market has been up, down and all around but the trend always positive. Knowing how to sort out skews, distortions and missed bargains out there is my job. This is all the more reason to work with a skilled professional like me.
A quick note on commissions: Remember, as a buyer, you never pay your agent directly. Nor do we agents get paid until we actually close a transaction. If the escrow falls apart no one gets paid at all!
— Dana and Drew
Buyers, UCSF Medical Student & Intel Chip Design Engineer (Miraloma Park)
—Kevin+Jonathan (and Raffi)
Retired Music Professor, Stanford University, Buyer (Upper Market)
— Gregg O.
Water Engineer, San Francisco Power Water Sewer, Buyer & Homeowner (Golden Gate Heights)