by Amy Cimetta | May 22, 2013 | Real Estate Advice, VA Financing
I’ll be honest, it’s challenging in this market to compete with other buyers when you have VA or FHA financing. The reason being is there are so many buyers making offers on properties that sellers naturally gravitate to offers that are all cash or have...
by Amy Cimetta | Apr 22, 2013 | Buyers, Financial Perspective, Real Estate Advice
I sat down with Ray Kay of Searchlight Financial today. He reminded me of how low rates are… and I don’t mean the average 3.5% rates. I’m talking about rates even closer to zero. This is how it works. You get an interest rate of 3.5% but you’re...
by Amy Cimetta | Feb 21, 2013 | Buyers, Home Inspections, Negotiations, Real Estate Advice
Yes, you should have the option to do inspections before you close. In California, buyers typically have 17 days from acceptance to do their inspections. If within those 17 days, the buyers decide that they don’t like what they find, then they can walk away. If...
by Amy Cimetta | Feb 14, 2013 | Real Estate Advice, Selling
If you think your home has been upgraded or has somthing special that separates you from the rest than asking more money will be okay, but these attributes need to be apparent to the buyers. And if it’s not apparent to you, then for sure it’s not going to...
by Amy Cimetta | Feb 11, 2013 | Building Codes, Buyers, Permits, Real Estate Advice, Selling
No, you will not necessarily be responsible for deficiencies in codes or permits. You should disclose everything you know about the problems or lack of permits. If you don’t tell the buyer, then you could be liable for fraud. If you do disclose, then it will be...
by Amy Cimetta | Feb 9, 2013 | Buyers, Purchase Transaction, Real Estate Advice
This is a great question. So often closings are delayed and although we can’t control everything, there are definitely certain things a buyer can do that will help the process move forward as smoothly as possible. First, the loan itself can be a challenge. You...