Kelly KangRealtor

Kelly joined Paragon after gaining a wealth of experience in real estate and construction.

Single Family Home Development

Construction Contract Review & Negotiation

Construction Litigation

Multi-Unit Investment Management

Tenancy-In-Common Development & Sales

Shannon was brought up in the real estate world, bought his first property at 22 and has experience in the following:

Residential Real Estate Lending

Commercial Real Estate Lending

Income Property Analysis

Green Building and Sustainable Design

Home renovation

Shannon LevensonLoan Consultant

If You’ve Ever Asked Yourself Any of These Questions…Consult a Real Estate Professional.

Is it better to Rent or Buy?

How Much is a Downpayment?

What would my Monthly Payment be if I Owned?

Is it a Good Time to Buy?

How do Interest Rates Affect Me?

Is it better to rent or buy? That depends on you.

Rent or Buy: How long will you stay?

Market Trends Since 1982

How Much is a Down Payment? 20% - YES

Conventional financing requires 20% down 10% - YES

With a 2nd loan/HELOC you can qualify for conventional financing with only 10% down

5% - YES With private mortgage insurance you can qualify for conventional

financing with only 5% down (3% in some instances) 3.5% - YES

FHA insured loans allow you to qualify for conventional financing with only 3.5% down

0% - YES VA and other government sponsored programs allow for 100%

financing or more for qualified individuals and properties

Where do I get the money for my down payment?

Liquid assets saving, checking, investment, IRA, retirement accounts

Gift funds friends and family can contribute money towards your

down payment

Down Payment Assistance Programs Non-profit or government programs to assist home buyers

with their down payment

Is It a Good Time to Buy? Interest Rates Lower than Ever!

Is it a Good Time To Buy? Historical Rent vs. Loan Comparison

How Do Interest Rates Affect Me?

Estimated Monthly Payments Assuming 20% Down Payment

Loan Amount Interest Rate P & I P & I + 0.5% P & I + 1% P & I + 2%

$100,000 3.500% $449 $477 $507 $568

$200,000 3.500% $898 $955 $1,013 $1,136

$300,000 3.500% $1,347 $1,432 $1,520 $1,703

$400,000 3.500% $1,796 $1,910 $2,027 $2,271

$500,000 3.750% $2,316 $2,460 $2,608 $2,918

$600,000 3.750% $2,779 $2,952 $3,130 $3,501

$700,000 4.125% $3,393 $3,599 $3,811 $4,253

$800,000 4.125% $3,877 $4,113 $4,356 $4,861

$900,000 4.125% $4,362 $4,627 $4,900 $5,468

$1,000,000 4.125% $4,846 $5,141 $5,445 $6,076

Neighborhood Trends

4500 California - $769,000

Lake District

2BD/2BA/1PKG

HOA: $283

1392 s.f.

Formal Dining Rm

Near Presidio

240 Linden St. - $779,000

Top-floor

Fully Remodeled

Natural light

2BD/2BA

Leased Parking

HOA: $0

Hayes Valley

ResourcesBuy vs. rent: These days, buying wins – CNN Money Article http://business.fiu.edu/pdf/PrintMay2011/buying-vs-rent.pdf

IRS Withholding Calculator http://www.irs.gov/Individuals/IRS-Withholding-Calculator

New York Times – Rent vs Buy Calculator http://www.nytimes.com/interactive/business/buy-rent-calculator.html?_r=1

Paragon Real Estate Group, Market Analytics

Statistics can be misquoted, misinterpreted and misunderstood. They are not considered "facts" but more generalities and it's important to know what a

statistic actually means within overall market conditions and what its limitations are. The market context behind a statistic is as important as the statistic itself. If

a significant market trend is developing, it will be reflected over the longer term and across a wide variety of different statistical measures.