How Much Your Home Deposit Should Be
Monday, 15 October 2012
by Gary Kent
Question: “How much should my deposit be? And if they accept my offer but the home doesn’t pass the inspection, do I get my deposit back?” Answer: A decent deposit is 1% of the offered price. If you want to show the seller you’re serious (that’s why it’s called an “earnest” money deposit) you might
- Published in Q&A - Home Buying Questions
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How to Get Your Offer Accepted Over Cash Buyers
Tuesday, 09 October 2012
by Gary Kent
Question: “My wife and are trying to buy a home, but we’ve lost out to several cash offers. Any ideas for how to get our offer accepted over the cash buyers?” Answer: Here are a few: Offer a higher price (OK, you knew that one) Get full loan approval ahead of time, subject only to
- Published in Q&A - Home Buying Questions
Can Agents Accept Other Offers Without Countering Yours?
Monday, 01 October 2012
by Gary Kent
Question: “I made a decent offer on a condo and didn’t even get a counter offer to see if I’d go up. They just accepted another offer. Is that ethical?” Answer: It’s most likely ethical. There are some cases where the seller’s agent ignores other offers so he can get his own offer accepted and
- Published in Q&A - Home Buying Questions
Is Your Relationship Ready for Home Ownership?
Monday, 24 September 2012
by Gary Kent
Question: “My boyfriend and I want to buy a home. We’ve been together 6 months, but don’t have any current plans to get married. Do you think that’s a good idea?” Answer: Since I’m a Realtor, you might expect me to espouse the party line of, “Yes, it’s always a great time to buy a
- Published in Q&A - Home Buying Questions, Real Estate Tips
Why People Sell Their San Diego Homes Without Signs
Monday, 17 September 2012
by Gary Kent
Question: “The house next door to me is for sale, but I didn’t even know because there’s no sign. Why would someone sell without a For Sale sign?” Answer: Unless you live in La Jolla, where no signs are allowed, there’s no good reason to sell without a sign. The main reason I’ve heard is
- Published in FAQs, Q&A - Home Buying Questions
Common Mistakes When Buying a San Diego Home
Monday, 10 September 2012
by Gary Kent
Question: “What are some mistakes that people make when they buy their first home?” Answer: Oh my. There are so many. Here are some that come to mind: Choosing the wrong agent, especially choosing on personality instead of experience and skill Choosing the wrong lender Not changing criteria if unable to find a home after
- Published in FAQs, Q&A - Home Buying Questions