Who Should Fix Problems the Inspector Finds?
Monday, 31 December 2012
by Gary Kent
Question: “I was in escrow buying a home and had the home inspected. The inspector found several items that he told me the seller should fix. But the seller refused to fix them all, including a broken pool heater and replacing the roof, which was old but didn’t leak. I wasn’t too happy when they
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Are There One-Bedroom San Diego Homes?
Monday, 24 December 2012
by Gary Kent
Question: “I’d like to buy my first home. I don’t need a lot of space; one bedroom should be enough. I don’t want a condo. Is there such a thing as a one bedroom house?” Answer: One-bedroom homes are very rare. I doubt that even close to 1 in a 100 homes have just one
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Why Don’t Home Flyers Show Property Taxes?
Monday, 17 December 2012
by Gary Kent
Question: “We’ve been driving around pulling property flyers from for sale signs. Why don’t the realtor flyers show the taxes on the property?” Answer: Because the taxes the current owner is paying are irrelevant. In California, properties are reassessed when they’re sold. The approximate rate is 1.1% of the price per year. And that goes
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Do Sellers Fix Problems Found After You Move In?
Monday, 10 December 2012
by Gary Kent
Question: “What if I buy a home and find a problem after I move in? Does the seller have to fix the problem?” Answer: Unless you have proof that the seller knew about the problem and didn’t disclose it, it’s your home and your problem. That’s why most people get home inspections and home warranties
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Should You Get a Home Warranty to Buy a San Diego Home?
Monday, 03 December 2012
by Gary Kent
Question: “Do you recommend my wife and I get a home warranty when we buy?” Answer: (A home warranty is a 1-year insurance policy that covers certain things that can go wrong with the built-in appliances, plumbing, electrical, and heating of a home. They have deductibles up to $100. Extended coverage can cover roofs, pools,
- Published in Q&A - Home Buying Questions
The First Step to Buying Your San Diego Home
Monday, 26 November 2012
by Gary Kent
Question: “My wife and I have never bought a home. What’s the first step you recommend?” Answer: Step #1 is getting preapproved by a good reputable lender. In this way, you’ll find out: The maximum price you qualify for The maximum price you’re comfortable with What your payments will be Any qualifying challenges you need
- Published in Q&A - Home Buying Questions, Real Estate Tips
A Vacant Home Doesn’t Mean a Desperate Seller
Monday, 19 November 2012
by Gary Kent
Question: “There’s a home I’m interested in. Since it’s vacant, the seller is probably motivated and I can hopefully get a good deal and…” Answer: Hold on! Don’t assume that because a home is vacant that the seller is motivated and will sell below market. While that’s true in some cases, I’ve had many clients
- Published in Q&A - Home Buying Questions, Real Estate Tips
How Many Days Do You Get to Inspect a San Diego Home?
Monday, 12 November 2012
by Gary Kent
Question: “How many days do you get to inspect a house?” Answer: The default or standard time period in the California contract to do your “inspections and investigations” and object to the results is 17 days. However, that number is often shortened, and almost certainly shortened if you’re buying a foreclosure. So be sure to
- Published in Q&A - Home Buying Questions, Real Estate Tips, San Diego
Getting Undisclosed Repairs After a San Diego Home Sale
Monday, 05 November 2012
by Gary Kent
Question: “I bought a home and am pretty sure the seller didn’t disclose that the roof was leaking. In the rain a few weeks ago, we had a leak. Our roofer said it HAD to be leaking before the house was sold. What should we do?” Answer: I recommend that you… 1. See an attorney.
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Home Offers Aren’t “First Come First Served”
Monday, 29 October 2012
by Gary Kent
Question: [From an agent who sent me the first of several offers I received on a home.] “Can I get something back to acknowledge that we do have our offer in and it is in before any others?” Answer: I’ve been asked this by homebuyers and homesellers. But I was surprised that an AGENT actually
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