What Appliances Are Included with My San Diego Home?
Monday, 10 February 2014
by Gary Kent
Question: “How do I know what appliances are included when I buy a home?” Answer: The timing for your question couldn’t be better. I just sold one of my client’s homes. The range/oven was mentioned as included and the refrigerator was not. The buyer didn’t request either in his offer. However, a week into escrow
- Published in Q&A - Home Buying Questions
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Can Loan Buyers Compete with Cash Buyers?
Monday, 03 February 2014
by Gary Kent
Question: “I keep hearing about homes selling with people paying all cash and not getting a loan. Is it possible to buy a home if I need to get a loan and still compete with cash buyers? And why are there so many cash buyers?” Answer: Bad news / good news if you need to
- Published in Q&A - Home Buying Questions
So Your Offer Was Accepted—Or Was It?
Monday, 20 January 2014
by Gary Kent
Question: “The seller’s agent texted my agent that our offer on a home was accepted, but now they say they sold the home to someone else. Is that legal?” Answer: For a real estate contract to be accepted and binding, there must be: A written offer Written acceptance Delivery of written acceptance to the party
- Published in Q&A - Home Buying Questions, Real Estate Tips
How Much to Offer on a San Diego Home
Monday, 13 January 2014
by Gary Kent
Question: “When we find the home we want, how much below the asking price do people offer?” Answer: Sorry, there’s no set formula. What you should offer depends on 4 things: 1. Value This is the #1 factor in what you should offer. Forget “always offer X% below list price” or “if you want it,
- Published in Q&A - Home Buying Questions
Who Pays for San Diego Condo Renovations?
Monday, 06 January 2014
by Gary Kent
Question: “I’m thinking about buying a condo that was built in the 1960s. It’s fine right now, but what happens in, say, another 50 years? If it has to undergo major renovations or be rebuilt entirely, who pays for that?” Answer: Great question. It’s not likely that a condo complex or even individual buildings will
- Published in Q&A - Home Buying Questions, Real Estate Tips
Why Agents Won’t Tell You a Home’s Preliminary Sale Price
Monday, 25 November 2013
by Gary Kent
Question: “Hi Gary, we see a sold sign on a house you have listed in Bay Park. What did it sell for?” Answer: Great question! Many agents would (and do) answer such a question and tell you the price. However, those same agents are likely damaging their client and violating their fiduciary duty to look
- Published in Q&A - Home Buying Questions
What Is a Processing or Transaction Fee?
Monday, 18 November 2013
by Gary Kent
Question: “Hi Gary. I made an offer on a condo last week. The agent wrote in that I had to pay their company a $395 transaction fee? I didn’t get what that was for. Do you know?” Answer: Some real estate agents and/or firms charge clients an extra fee they call by various names, such
- Published in Q&A - Home Buying Questions
Are There Any Condos Without HOA Fees?
Monday, 11 November 2013
by Gary Kent
Question: “We rent right now and can barely afford a house, so my wife and I were thinking condo. But I don’t want to pay those monthly association fees. They’re a waste of money. Are there any condos without fees?” Answer: Sorry. Buying a condo almost always means you’ll be paying those pesky “HOA fees.”
- Published in Q&A - Home Buying Questions, Real Estate Tips
Are Agents Required to Write Your Offer on a San Diego Home?
Monday, 04 November 2013
by Gary Kent
Question: “Gary, I’m ticked off. I wanted to write an offer on a house and your agent refused to write it. That’s unethical and illegal and I want you to give me a call.” Answer: My agent came said you wanted to write an offer more than 20% below the market value of the home
- Published in Q&A - Home Buying Questions
Do Agents Also Get People Loans?
Monday, 28 October 2013
by Gary Kent
“Hi Gary. My husband and I met an agent at an open house. We liked her and want to work with her to find a home. But she also said she can get us the loan. I’ve never heard of that. Do agents also get people loans?” Answer: This is less common than it used
- Published in Q&A - Home Buying Questions