by Amy Cimetta | Feb 15, 2011 | Appraisal, Buyers, Purchase Transaction, Real Estate Advice, Selling
Well, the unbelievable happened. A lender had an appraisal done a few weeks ago on a property that my client was buying, and the appraisal came in higher than the sales price. It does happen! If you have an appraiser who is familiar with the area, you have a much...
by Amy Cimetta | Jan 18, 2011 | Buyers, New Construction, Selling
I have spoken to a handful of general contractors in the South Bay since the beginning of the year, and it seems like business is picking up. They all have jobs lined up over the next several weeks for major remodels. Some clients have gutted recently purchased...
by Amy Cimetta | Jul 21, 2010 | Buyers, Negotiations, Real Estate Advice, Selling
When you make an offer, it’s not always just about the sales price. There are plenty of terms that the seller will take into consideration when selecting a buyer. Here are some terms that can make or break a deal. First, the size of the down payment needs to be...
by Amy Cimetta | Jun 24, 2010 | Buyers, Home Inspections, Real Estate Advice
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....
by Amy Cimetta | Jun 5, 2010 | Buyers, Selling
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...
by Amy Cimetta | May 18, 2010 | Buyers, Negotiations, Selling
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...