SoFi Blog

Tips and news—
for your financial moves.

The (Truly) Ultimate Guide to Buying a House in the San Francisco Bay Area

As anyone who lives in the San Francisco Bay Area will tell you, it is truly a place like no other. The tech industry beckons with its surfeit of good paying jobs, the restaurant scene rivals that of any world capital, oh—and where else can you ski in the mountains one weekend, and then kayak with sea otters the next?

So while it’s not hard to understand why so many people are clamoring to buy a home in the Bay Area, those incredible perks are offset by one major drawback—a sky-high real estate market.

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How to Pay for Emergency Home Repairs, So You Can Move on ASAP

You might not like to think about it (and frankly, who does?), but when it comes to owning a home, stuff can and will break. Water pipes burst. Roofs cave in. The list goes on.

While you never know precisely when a big appliance or HVAC (heating, ventilation, and air conditioning) system is going to conk out, most products do have expected lifespans. For instance, a hot water heater or a dishwasher lasts about a decade, while an HVAC unit lasts an average of two decades.

So, it’s smart to have a plan for how you’ll manage financially when something big—the furnace, the roof, the plumbing—needs emergency repair. And yes, it is not if, but when.

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