Interior Features
Gas Range
Integrated Dishwasher by Bosch
Engineered Quartz Countertop
White Oak Flooring
Latch Keyless Smart Lock
AC and Heating
Custom Vanity & Base Tile
Faucet, Shower, Fixtures by Grohe
988
Boutique Lobby with Attendant
Rooftop Retreat with Outdoor Grill
Secure Parking for Select Residences
Bike Storage
Google Fiber Webpass
Latch Smart Lock System
1. What are the rst-time buyer requirements?
Eligibility for rst-time homebuyer bene ts is determined by outside programs and lenders. You can contact our approved lenders for details. See page 8 for a list of approved lenders and contact information.
2. What is the buying process like, and how long does it take?
The process can vary, but typically includes the following steps:
- Get preapproved for a loan;
- Submit an o er;
- Open escrow;
- Complete inspections, nalize the loan, and close.
3. Can I buy this property as an investment or second home?
Yes. RENOU allows investment or second-home purchases, provided leasing rules are followed. Rentals must be for a minimum of 30 days and apply to the full unit only.
4. Can I rent out the home after purchase?
Yes. You may rent your home for a minimum term of 30 days and an initial maximum term of two years.
5. What are the estimated monthly costs (mortgage, HOA, taxes)?
See the mortgage comparison sheet on page 7 for estimated monthly costs. For exact gures, get preapproved by one of our approved lenders.
6. Are there any rst-time homebuyer programs or grants available?
Yes. Some approved lenders o er programs for rst-time buyers. For example, Bank of America o ers 5% down and up to $17,500 in grants for quali ed buyers.
7. Do I need a lender’s preapproval to make an o er?
Yes, preapproval is recommended before making an o er. While not required before touring, it's encouraged. You may contact an approved lender after your visit.
8. What’s included in the HOA fee?
Unit Gas in addition to Common Area Electricity, Gas, Garbage, Water, and Internet.
9. Are pets allowed? Any breed or size restrictions?
Yes. Each home may have up to two pets (dogs, cats, or one of each). More details can be found in the RENOU handbook.
10. What are the HOA guidelines and regulations?
The HOA guidelines cover common area use, pet policies, trash disposal, leasing, remodeling, and more. All owners must follow the RENOU Community Handbook, Declaration, and Bylaws. These documents are available in RENOU’s disclosure package.
11. Can I remodel the unit (e.g., kitchen or bathroom upgrades)?
Yes, but all remodels must be approved in writing by the board before any work begins. Details are outlined in the RENOU Community Handbook.
Bank of America
Cristian Connelly
Cristian.Connelly@bofa.com
Phone: 650-449-4177
NMLS ID: 482409
Jacqueline Ng
Jacqueline.ng@bofa.com
Phone: 415-715-9754
NMLS ID: 1294985
PNC
Lilly Chiang
Lilly.chaing@pnc.com
Phone: 415-595-9980
NMLS ID: 489920
Chase Cherolynn Vila
Cherolynn.vila@chase.com
Phone: 925-997-3652
Ronald Chiu
Ronald.chiu@chase.com
Phone: 415-867-3035
NMLSR ID: 448559
NMLSR ID: 554826 Citibank
Zeon Zhou
Zeon.zhou@citi.com
Phone: 415-713-7557
NMLSR ID: 484726