Best Real Estate Investment San Francisco

Real estate investment San Francisco varies every year. Investors need to track even on a monthly basis to analyze the requirement of houses to buy, sell or rent based on property requirements mainly of condos, villas, bungalows, residential ownership homes, and commercial buildings. Every investor operating in this leading cultural and financial center of the San Francisco Bay Area and Northern California decides their moves based on the real estate market trends report in the state as well as the city. In September 2012, 492 homes, lofts, condos are listed for sale in the city. The investors experienced 28% increase on average median price based on 3-month moving since January 2012. Although almost 61% increase on re-sale homes and single-family homes took place since February 2012, 12.1% downfall in sale had been noticed each year. The per square foot price of real estate properties in San Francisco increased by 16.9% last year in 2012. The median sales price for San Francisco was $771,750 for 878 home sales between January 2013 and March 2013.

Best investment in real estate business is investment on short sale San Francisco simply because your investment in this case is always much lower than the valuation of the property you are going to own from the previous owner. When the first owner of a home cannot continue with his or her mortgage payments but want to get rid of the mortgage, the lender, in general, does not want to force it into a foreclosure but becomes ready to utilize the sale to pay off most of the mortgage. Foreclosure becomes more expensive than taking the ownership of the house by paying the mortgage payments on behalf of the debtor. Investing on such a short sale, you can score a big deal on a house simply because the first homeowner does not force you to pay the highest buying price for the house.

People who are Short sale certified in San Francisco can do a great business by helping the lender or any third party by properly advising to help the debtor get rid of the mortgage payments and finally getting the possession of the house the debtor primarily owned. One must understand that short sale is a legal process that can be conducted with proper measures for the sake of mutual benefit of the debtor and the lender or any third party going to own the house. It is very much important to keep patience in dealing short sale cases because both the seller the lender may take time to finally decide about the moves for short sale. Getting instant equity on short sale is a beneficial characteristic of such dealings. You can earn the difference amount between the buying price and the fair market value of the home. One should not expect, nor should he or she wait for a repair to buy the home on short sale. It will not only take time but also can change the mind of the homeowner to sell it to somebody else. Do not refrain from paying off seller's mortgage as the lender may sometimes require that. Although you have to pay little more in this case to get the home, buying price for the home will still be much less than its market value.