Mythbuster

unlicensed contractors versus licensed contractors

Myth: Unlicensed Contractors Are Bad Guys

A general contractor is a crucial part of the homeownership, so you need to make sure you’re working with experienced professionals. Unfortunately, many people have fallen into the habit of equating “experience” with licensing when it comes to hiring contractors for home construction or renovation projects. This assumption is not necessarily valid. So, here are a few things you need to know about...

san francisco condos

Myth: San Francisco condos yield higher return than East Bay’s

Yes, it’s true. The Bay Area’s housing market is extremely competitive. While all of the news outlets are talking about how unaffordable it is with an emphasis on the severity of the current homeless crisis, it's common for homebuyers to perceive San Francisco city as a market where properties appreciate the fastest. Is this really true? Let’s think again. A friend referred a Real Estate buyer...

Myth – HOA Fee is Money-Down-The-Drain

There is a myth about HOA fees among new home buyers, who regard HOA fees as a deal-killer to buy a condo or a townhouse. I'd like to take this time to demystify. First of all, HOA fee is not unique to condos and townhouses. Almost all new single family development have HOA and the owners of the single family homes need to pay a monthly due. Secondly, HOA fee is not money-down-the-drain. It actually...

Myth – Public Records

When you look up your home address on search engines, you will find a lot of websites about it, among which are Redfin, Zillow and other real estate sites. One thing you will notice is, the square footage information on the websites is not consistent. Why? Square footage in real estate is a big deal because it has to do with the value of your property. Ironically, there isn't one official source that...

Myth – Property Tax

We often hear myths from homeowners on their property tax bill and we hope to clarify some of them for you.   MYTH: I have to pay by the stated due dates on my property tax bill.   TRUTH: On your property tax bill, there are two due dates - February 1 and November 1. However, you are not considered delinquent if you pay by April 10 and December 10. Therefore you can keep the money longer in your...

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