Home Buyer Process
12 Things I’ve Learned in 30 Years of Real Estate
Since I have had over 1,000 escrows, a new agent recently asked me what key lessons I could share to help her successfully counsel both buyers and sellers.
How to Buy a Home
Comprehensive Guide to Buying a Home
Michael Edlen has tracked local statistics and trends and provides real estate counseling services to prospective homebuyers. This guide to how to buy a house is where we've poured all of our knowledge to help you have a better home buying experience.
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Home Buyer Process
Winning Strategies for Buyers In a Bidding War
“Multiple offers” occur either when a seller receives more than one purchase offer at the same time or receives another offer before a counter offer is presented to the first buyer. This has occurred fairly often since 2012 and has created a frustrating environment for well-qualified buyers who repeatedly are out-bid in their attempts to buy a home.
Featured
Real Estate Q&A (Answers To 18 Different Common Questions about Disclosures & Home Inspections)
To avoid misunderstandings, and to make sure you have adequate information so that you know what to expect, these questions and answers cover some common issues regarding the responsibilities of the seller, the buyer, the real estate professional and other appropriate professionals.
Buying a Home
The Internet Empowered Buyer And Seller
Just a few years ago, less than 20 percent of home sales involved any Internet use. Now over 70 percent of California sales involve buyers searching the Internet for homes, loans, real estate agents, quality of community and schools, and for information about the purchase process.
Mortgage Do's & Don'ts
What is the Benefit of Title Insurance?
Insurance in general is a contract whereby one party agrees to indemnify or reimburse another party for loss or damage that may occur under the terms and provisions of their contract. The contract is called an insurance policy.
Buyer Myths & Mistakes
Liquidated Damages
The Residential Purchase Agreement (“Contract”) you are about to execute contains a “Liquidated Damages” provision.
It is important to note that there may be advantages and disadvantages for the parties to a Contract if they elect liquidated damages.
Home Buyer Process
Why Use a Real Estate Agent At All?
I have often been asked what the value of a real estate agent is, or why a sales commission of 5-6% is reasonable. I have also been asked what it takes to sell a home, and why more people do not try it themselves. One owner actually loved the idea of selling his home himself so much that he wanted to hire me as an advisor to help guide him through all of the details.
Home Buyer Process
Be Sure To Do Your Final Walk-Through Inspection
The home purchase contract includes a period of time for the buyer to do any property inspections. The buyer may reasonably disapprove of any conditions discovered during the inspection time.
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