Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this […]
Real estate contingencies typically fall under three major categories: appraisal, home inspection and mortgage approval. Think of these contingencies as a buyer’s and seller’s safety net. If a home does not appraise at a certain value, if an inspection reveals a major problem, or if the buyer cannot obtain adequate financing, the parties can back out of the contract without penalty.
Before selling, building or installing a new water meter an Oakland homeowner will need certification that their sewer lateral (PSL) is in good condition. Certificates are good for twenty (20) years if the lateral is new.
If the lateral was only repaired or passed the city’s inspection with no repairs needed, the certificate is valid for seven (7) years.
Zillow predicts the pace of home-value appreciation will drop by more than half over the next 12 months in the San Francisco metro area. The implications could be profound in the Bay Area, which has enjoyed one of the nation’s hottest housing markets over the past several years and where homeowners have come to expect beefy […]
You can estimate the value of your Oakland or San Francisco home on your own by talking to neighbors, attending open houses, using online sites, and talking with a qualified real estate professional
On its website, Zillow admits that its “Zestimate” is simply a “starting point” in determining a home’s value, which uses proprietary algorithms that include recent sales and property tax assessments
Look at comparable sales or “comps,” to determine how much your home is worth because there is so much they can tell you about your home’s current value