Amy's Blog
The Importance of Inspections
I recently had an experience with a client that served as a huge reminder of the importance of inspections. Often, buyers do their inspections and identify minor repairs that are needed around the house. It's normal; they are not buying a brand new home. Sometimes the...
Carbon monoxide monitors
As of July 2011, all homes in California with fossil fuel burning appliances (i.e. gas stoves, gas fireplaces) or attached garages will be required to have a carbon monoxide monitor. Most likely a portable monitor will suffice, and they should be relatively...
Giving a Notice to Perform
When the buyer or seller is not following the stipulations of the contract, you can issue them a Notice to Perform. Once this Notice is given, they will have a certain amount of time to make the required action or you can cancel the contract. The new Residential...
Backup Offers on Short Sales
Someone asked me today if it made sense to make a back up offer on a short sale. I think it's a good idea. Short sales can take an average of 4 to 6 months to get lender approval. Several lenders are currently rolling out new systems in hopes of delivering short sale...
May’s Trivia Question. Win a $25 gift card!!!
If you are the first person to answer the question correctly, you will win a $25 gift card from your choice of the following: Coffee Bean, Starbucks, Home Depot, Target or Barnes & Noble. Here's the question. (Post your answer below): What is a short sale?
Negotiating on Overpriced Listings
When negotiating with an unrealistic seller, it helps to gather as much information as possible. You want to know at what price the seller purchased the property. How much money, if any, did he put into the property? Are there any specific circumstances that have led...
Redondo Beach Real Estate Deal of the Day
2007 Marshallfield, #B in North Redondo is a 2005 built town home that is priced at $699,900. It's a short sale so they have priced it aggressively. This property has the potential to be a steal. It sold in 2005 for $989,000 and The going rate for similar town homes...