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Showing posts with the label Buying

Minimum Credit Score Needed to Buy a House

Your credit score is just one of the factors your mortgage lender will use to determine whether you qualify for financing. The problem is, every lender uses different methods to determine your credit worthiness. So, in some cases, a minimum score is difficult to determine for conventional loans. In other cases, especially when loans are underwritten or insured by government organizations, there are minimum credit scores to qualify.

San Francisco Rent in 2015 is The Most Expensive City

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San Francisco is still a renter’s worst nightmare, and it’s kicking 2015 off with yet more  record-high price tags . According to real estate listings site Zumper, the median rent for a one-bedroom apartment in San Francisco jumped to $3,410 last month, up 0.6 percent from December. That’s about $400 more than the median one-bedroom in New York, which San Francisco  surpassed in rent prices for the first time   last September The median price of a two-bedroom apartment in San Francisco also rose 0.9 percent over the last month, making it about $1,000 more expensive for two-bedrooms than New York. It’s a slight but unwelcome uptick in a city where rent prices shot up 13.5 percent in 2014. San Francisco has become increasingly unaffordable for many of its long-time residents and low-wage workers as an influx of Silicon Valley wealth floods the city. Income inequality in San Francisco is so great that it’s on par with that of developing nations , the city’s H...

Buying vs. Renting

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Janice Lee 415-832-9151 International President's Elite Top Producer, Realtor Investment Specialist janiceflee@gmail.com www.JaniceLeeHomes.com DRE #01720205