Key Terms to Know in the Home Buying Process

Thinking about purchasing a home but feel overwhelmed by all the terms and the process? Let this infographic help you to better understand some common terms that might come up.

Appraisal: A professional analysis used to estimate the value of a home.

Closing Costs: The fees required to complete the real estate transaction. Paid at closing, they include points, taxes, title insurance, financing costs and items that must be prepaid or escrowed.

Credit Score: A number ranging form 300-850 that’s based on an analysis of your credit history.

Down Payment: Down payments are typically 3-20% of the purchase price of the home. Some 0% down programs are also available.

Mortgage Rate: The interest rate you pay to borrow money when buying a home.

Pre- Approval Letter: A letter from a lender indicating you qualify for a mortgage of a specific amount.

Real Estate Professional: An individual who provides services in buying and selling homes.

The best way to ensure your home buying process is a confident one is to find a real estate pro who will guide you through every aspect of the transaction with the “the heart of a teacher” by putting your needs first.

Don’t Miss: The Perfect Loft-like Condo!

This 2-BR loft like condo offers three levels of luxury living in the  heart of the North Slope of Potrero. Located in an award winning  complex the home has a great separation of spaces, which is  ideal for working from home or sheltering in place. Graced by  beautiful maple hardwood floors throughout, the entrance to the  unit on the main level leads to a large living space with soaring  13-foot ceilings & a wall of windows allowing for plenty of natural light and views of the neighborhood. Down the stairs to the lower level an efficient gourmet kitchen has quartz counters, high-end stainless steel appliances, ample cabinets, and a washer/dryer. Tucked away behind the kitchen there is a private bedroom and full bath, great as a guest room or home office, and a fabulous outdoor deck. Up the stairs on the top floor there is a spacious main bedroom with ensuite bath and walk-in closet. The floors and some of the lighting have been redone and the unit has been painted throughout. A great 1-car parking space completes the home. Building amenities include a beautiful garden area, perfect for barbecues and entertaining (Post Covid). The building is in an excellent location, with many neighborhood restaurants, cafes, and local businesses only one block away. Enjoy the advantage of being close to UCSF Mission Bay, Dogpatch, SOMA, Caltran and tech shuttles, with easy access to freeways 280 & 101.

Luxurious Condo in an Award Winning Complex

1657 18th Street

This 2-BR loft like condo offers three levels of luxury living in the heart of the North Slope of Potrero. Located in an award winning complex the home has a great separation of spaces, which is ideal for working from home or sheltering in place. Graced by beautiful maple hardwood floors throughout, the entrance to the unit on the main level leads to a large living space with soaring 13-foot ceilings & a wall of windows allowing for plenty of natural light and views of the neighborhood. Down the stairs to the lower level an efficient gourmet kitchen has quartz counters, high-end stainless steel appliances, ample cabinets, and a washer/dryer.  Tucked away behind the kitchen there is a private bedroom and full bath, great as a guest room or home office, and a fabulous outdoor deck. Up the stairs on the top floor there is a spacious main bedroom with ensuite bath and walk-in closet. The floors and some of the lighting have been redone and the unit has been painted throughout. A great 1-car parking space completes the home. Building amenities include a beautiful garden area, perfect for barbecues and entertaining (Post Covid). The building is in an excellent location, with many neighborhood restaurants, cafes, and local businesses only one block away. Enjoy the advantage of being close to UCSF Mission Bay, Dogpatch, SOMA, Caltran and tech shuttles, with easy access to freeways 280 & 101.

VIEWS, VIEWS, VIEWS


Bright 1 Bedroom Condo with Private Terrace and Downtown View

140 South Van Ness #909

Spacious 1Br/1Ba condo with plenty of natural light and beautiful views of downtown, featuring an open concept floor plan, hardwood floors, large windows, clean lines, and private outdoor balcony; a great space to unwind, work, live and play. The main LR/DR space enjoys expansive views of the city and an open kitchen with  lovely granite countertops, crisp white cabinets, and quality stainless steel appliances. There is a large bedroom with ensuite bath, excellent closet space, and doors opening onto a private terrace. Relax and spend quality time outdoors overlooking the city.  In-unit laundry, leased parking and additional storage make the home all that more comfortable. Located in the mid market corridor the building is well run and professionally managed with Low HOA dues, on site management, a fitness center, conference room and serene outdoor courtyard space with outdoor seating, BBQ and a fountain. Enjoy  all the benefits of living steps away from Hayes Valley and the Valencia Corridor with it’s wide array of shops and restaurants, and easy access to freeways, public transportation & tech shuttles.

The Market is very active in San Francisco

The demand for condos in San Francisco has been strong throughout January and February, but new construction is shrinking! The market has been very active.  According to sales office data collected by the Mark Company,  80 condos were placed under contract or sold in January, a 70% increase over December, and a 344%  increase year over year.  Pricing is up 6% compared to this time last year. Inventory is down 34% . Many of San Francisco’s most illustrious towers are on their way to being completely sold out. Lumina has sold 95% of its homes and The Harrison has only half of its units left. 75% of One Mission Bay is gone.  But new buildings are on the horizen.  There are opportunities to purchase at 815 Tennessee and  Stage 1075 is gearing up for their grand opening. A new construction in Jackson Square, called 288 Pacific is not officially open to the public yet, however I can get clients in early to see the residences and reserve a unit.  If you are considering purchasing a new home, please do not hesitate to contact me!

A Four-Story Dream Home with Dazzling Views of the City & Bay


From the outside, 22 Portola Drive looks much as it did when it was built in 1948. One of a group of row of homes in Diamond Heights, its impeccably preserved facade remains true to the architect’s cohesive vision. Inside, however, this 4-bedroom, 3.5-bathroom home dazzles with sweeping views of The City and the Bay, a grand top-floor master suite with a solarium and deck and a custom-designed glass and steel staircase that is a four-story work of art.

Beautifully remodeled and expanded in 2003, 22 Portola is truly one-of-a-kind. In addition to allowing direct access to the garage and housing a 144-bottle Sub-Zero wine refrigerator, the welcoming foyer offers the first glimpse of the grand staircase created by Oakland artist John Lewis, whose work includes the Oklahoma City Memorial. Rising from the ground floor to the skylight-capped top level, the planes of rippled, textured glass create a stunning waterfall of light at the center of the home.

On the second level, broad windows in the open-plan great room bring breathtaking views of San Francisco and the Bay Bridge into a cozy living room with fireplace, a dining area with custom-designed lighting and a modern chef’s kitchen with granite counters and dual Miele ovens. Remote-controlled window shades filter morning light and provide privacy at the touch of a button. Behind the kitchen, a large family room doubles as a home theater, with sound-proofed walls, 7-channel surround sound and a convenient half bath. A private garden offers a leafy retreat just beyond the back door.

The third level features two comfortable rooms with gorgeous views at the front – perfect for bedroom or office use — and a full bath with two sinks, tub and shower steps away in the hall. A third bedroom with en-suite bath overlooks the back patio. And a laundry room with elevated, front-loading washer and dryer rounds out this floor.

At the fourth level, the staircase opens out to a solarium with windows that stretch from floor to ceiling and wrap into skylights at the top. Sliding doors grant direct access to a spacious deck with jaw-dropping panoramic views and room (and structural support) for a hot tub.

Designed for entertaining and relaxing, with plenty of space for lounge furnishings and a built in wet bar, this sunny aerie also fills the house with fresh air, warmth and light. Remote controlled windows at the top of the stairs create cross-ventilation that cools the entire house on hot days, and when San Francisco’s famous fog rolls in, 7-zone programmable radiant heating keeps every room snug and warm. Solar panels on the roof (accessible via a pull-down ladder on this level) supply most of the home’s electrical needs.

Tucked at the back of the fourth level, the grand master suite is a serene oasis. Its large en-suite bath features two sinks, a glass-block shower and a tub. A walk-in closet offers ample storage space, while a hidden laundry chute eliminates the need for a hamper and for carrying clothes downstairs – just one of this home’s many thoughtful design features.

Located at the heart of San Francisco, 22 Portola is close to shops, restaurants and transit stops in Noe Valley, the Castro district, Glen Park and West Portal and offers easy access to downtown, as well as freeways to the East Bay and Peninsula.

    

 

22 PORTOLA — FLOOR BY FLOOR

1st Floor

  • Entry foyer with direct access from garage
    • 144-bottle, 2-zone Sub-Zero wine cellar
    • Hidden under-stair storage
    • Doorbell / entry lock hardwired to allow guests to be admitted via telephone from upstairs
  • Spacious one-car garage with room for bikes, tools, etc.
    • Plus plentiful on-street parking just across Portola

2nd Floor

  • Open plan great room with sweeping views of downtown and the Bay Bridge
    • Wood-burning brick fireplace
    • Double-paned windows, custom-designed to open at the top (for ventilation and child-safety) or to the side, and fitted with light-filtering, remote-controlled privacy shades
    • Dining area has custom-designed overhead lighting
    • Chef’s kitchen equipped with two Miele ovens (regular and steam), stone counters
  • Sound-proofed media/family room wired for 7-channel surround sound
    • Built-in bookshelves with cabinets and flat-file drawers
    • Half-bath with pedestal sink crafted from original support beam
    • Access to private back garden patio

3rd Floor

  • Three welcoming bedrooms and two baths
    • Two bedrooms in front with views of the city and Bay
    • One in back with en-suite bath
    • Additional full bath in with double sinks, shower and tub
  • Laundry room
    • Elevated front-loading washer and dryer (no bending!)
    • Purpose-built space for a cat box, complete with dedicated ventilation system

4th Floor

  • Solarium lounge
    • Grand window wall to maximize light, air and views
    • walk-out deck with panoramic views (engineered and wired to hold a hot tub)
    • Custom-built shelving
    • Wet bar
  • Master suite
    • Spacious, serene bedroom
    • En-suite bath with two sinks, glass-tile shower, hidden laundry chute
    • Walk-in closet
    • Access to roof for easy cleaning and maintenance of solar panels (a spigot and hose on the roof means no need to lug a water bucket)

All Floors

  • Stairs are built with ½” thick stainless steel stringers, and each step is supported by two 1” diam. solid stainless steel rods
  • Programmable 7-zone radiant floor heating system powered by a super-efficient Munchkin boiler
  • Programmable lighting throughout
  • Cat5e and RG-6 cable wiring in every room
  • Insulated interior walls for efficient climate control and sound-dampening
  • Designed with maximum cross-ventilation for natural air-conditioning on warm days
  • Solar PV system: 16 185W Sharp panels
  • Whole-house fire suppression system
  • Engineered for earthquake safety

Please call Leslie Bauer 415.205.3899 or Michelle Balog 415.810.7890 for private showings.