Dealing With Unpermitted Rooms in a San Diego Home
Monday, 23 June 2014
by Gary Kent
Question: “Hi Gary. We’re interested in a home that has an unpermitted family room and I have several questions: Can I go to city to investigate it? Who should I talk to find out the cost to get up to permit status? What happens if I can’t get it permitted? Can I get a permit
- Published in Q&A - Home Buying Questions
No Comments
House vs. Condo: Which Appreciates Faster?
Monday, 16 June 2014
by Gary Kent
Question: “My husband and I are planning to buy our first home and we want to make the right decision. Can you tell us which appreciates faster, a house or a condominium?” Answer: The assumed conventional wisdom is that houses appreciate faster than condos. I don’t have any stats, but based on observation I have
- Published in Q&A - Home Buying Questions
4 Steps You Should Take to Find a San Diego Home
Wednesday, 11 June 2014
by Gary Kent
Question: “My wife and I want to buy a home. Should we meet with an agent to find out about loans and what we qualify for?” Answer: You SHOULD meet with an agent, but not to find out about qualifying. That’s best left to a good mortgage loan officer. So what steps should you take
- Published in Q&A - Home Financing Questions, Real Estate Tips
Don’t Try to Time the Market When Buying a San Diego Home
Monday, 09 June 2014
by Gary Kent
Question: “I want to buy a home but am trying to time the market right. I’m not sure if we’re in a mini-bubble or are still looking at a lot more appreciation. What do you think?” Answer: I sold two San Diego properties in 2003 and 2004. I missed the peak by some 10-20%. Do
- Published in Q&A - Home Buying Questions, Real Estate Tips
Are Sellers Required to Respond to Your Offer?
Monday, 02 June 2014
by Gary Kent
Question: “My wife and I made an offer and the seller accepted another offer without responding to ours. Don’t they have to respond? My agent said the seller’s agent is required to submit the offer to the seller. And he said if they don’t accept it, they must sign a written rejection, which the agent
- Published in Q&A - Home Buying Questions, Real Estate Resources
3 Reasons Home Valuations Sites Don’t Work
Monday, 26 May 2014
by Gary Kent
Question: “We’re interested in a house and checked what value Zillow shows for it. They have $517,000, but the home has been listed at $449,000 for a few weeks. So obviously it’s not worth $517,000. Why do you think Zillow is so bad?” Answer: I can think of at least three likely reasons that ALL
- Published in Q&A - Home Buying Questions
Is Your San Diego Home Overpriced?
Monday, 19 May 2014
by Gary Kent
Question: “I’d like to move closer to my mother. There’s a home directly behind hers that’s been on the market for about a year and they haven’t reduced the price. Do you think it’s over-priced?” Answer: If a home is priced right, even the most pathetic, good-for-nothing, lay-about real estate agent will find a way
- Published in Q&A - Home Buying Questions, Real Estate Tips
Are Agents Responsible for Finding & Disclosing Home Problems?
Monday, 12 May 2014
by Gary Kent
Question: “Hi Gary. A friend of mine bought a home and it turned out to have several problems, including a lot of mold behind a couch. Is an agent responsible for finding and disclosing things like that?” Answer: An agent is legally required to “conduct a reasonably competent diligent visual inspection of reasonably and normally
- Published in Q&A - Home Buying Questions
How Much Should You Pay for a San Diego Home You Love?
Monday, 05 May 2014
by Gary Kent
Question: “We could use your advice. We’ve been really studying the market and looked at over 50 condos. We finally found the perfect condo for us. We offered and the seller’s bottom price is $435,000, but that model has been going in the 420s. Any words of wisdom?” Answer: I have three comments – I
- Published in Q&A - Home Buying Questions, Real Estate Tips
Can You Outbid a Backup Home Offer?
Monday, 28 April 2014
by Gary Kent
Question: “There’s a home next door to some friends that my wife and I just missed out on. Now our friend tells us he heard the sale is cancelling. So our agent called the seller’s agent saying we’ll raise our offer $10,000 over the asking price, but was told they had an accepted backup offer
- Published in Q&A - Home Buying Questions, Real Estate Tips