An appraisal is an estimate of a property’s value and is not to be confused with an inspection. It is an evaluation performed by an appraiser who is not chosen by the Listing Agent, the Seller, the Buyer’s Agent, nor the Buyer; they are a third party entity hired by the Buyer’s lender. The Buyer pays for an appraisal as part of the lending costs but the appraiser’s job is to determine a property’s value and see if it is worth the amount the Buyer has offered. Should the Buyer be present at an appraisal? It is not common practice since the appraiser is not there to present information to the Buyer rather gather their own data and present an appraisal report to the Buyer’s lender! There are many factors that affect a property’s value like location, condition, recent sales of similar near-by properties, etc. For a full list of what adds value or devalues a property, go ahead and shoot me a line at Anahi@greenmeansgrow.com or at 858.381.2621 and I’d be happy to forward that to you. Till next time and happy house hunting!
Anahi Vazquez, Real Estate Consultant at The GreenHouse Group, returns to the show with Jesse Ibañez to talk about North Park. However before she does, she leaves us with her amazing story of how she got to where she is today and what makes her different in the real estate world. Trust me, after watching this, she will be your go to real estate consultant in San Diego forever! After you hear Anahi’s amazing story make sure to check out The Truth of North Park San Diego. Together they go over the good and bad of North Park as well as go over Anahi’s Hot Picks List. Check out why you should think about what is considered one of the coolest places in america with its diverse culture, amazing bars, restaurants and coffee shops. Remember to sign up for your FREE Home Buyer Class or FREE Home Seller Class! Seats are limited and this amazing class will not last forever so get your free tips now!! Make sure to download the Podcast below or subscribe to our channel on Youtube to check out all of our episodes! Click Here to subscribe to our non iTunes Podcast.
So you’ve reviewed your Home Inspection Report and have discussed your concerns with your real estate consultant, what are your options? Option A) If the home is not to your satisfaction and you’d like to cancel the contract, as long as you have not removed your contingencies, you still can so get the heck outta there! Option B) the property checked-out, there were no major problems detected, you are good to go if you feel comfortable moving forward or Option C) There are some items you’d like the Seller to repair before moving forward. Now the way you address these issues takes a whole lotta strategizing because your ultimate goal is to get your requests to fly with the Seller. For a tips on how to best handle the situation and get what you want, shoot me line to the info below: Anahi@greenmeansgrow.com or at 858.381.2621. Till next time and happy house hunting!
We got your weekly “Hot Picks” with Anahi Vazquez, Real Estate Consultant at The GreenHouse Group! This week Anahi joins us to drop some truth about South Bay San Diego. She tells all the good and bad about this new amazing place in San Diego. Don’t let the rumors about if being “ghetto” get to you because it is anything but that! Just because it’s closer to the border does not mean it’s ghetto. Its a beautiful new place with great schools, parks, homes and entertainment. Check out the video and find out why South Bay could be your new dream home! Make sure to download the Podcast below or subscribe to our channel on Youtube to check out all of our episodes! Click Here to subscribe to our non iTunes Podcast
Did you discover items during the home inspection that surprised you? After a home inspection, you’ll receive a detailed Home Inspection Report. The summary will be a lengthy size, but don’t be alarmed! No single home is perfect and inspectors have to disclose everything about a property, so that will include missing sink stoppers and old water heaters too! Remember, the report is the property profile and a diagnostics tool for your records and future use for potential upgrades, repairs, or simply to take preventive measures. So, while some items are pretty common in almost every home, the rule of thumb is: if it is a health and safety issue, we as your representatives will be all over it! You should have a conversation with your agent about the report to discuss your concerns, talk about your options, get your agent’s opinion, and put together what is called a Request For Repairs, this request will go out to the Seller so it requires a great deal of strategy. We will discuss the do’s and don’ts of drafting a Request For Repairs next time, but for a list of the most common discoveries at home inspections, shoot me line to the info below: Anahi@greenmeansgrow.com or at 858.381.2621. Till next time and happy house hunting!
Julien & Erin got what they deserved. And it could happen to you next! Julien & Erin's Celebration & Testimonial of The GreenHouse Group. Volume 16 www..GreenMeansGrowcom 1(858) 863-0261 591 Camino De La Reina #103 San Diego, CA 92108 Julien & Erin's Story of How They Got to "Home." How Could This Have Happened? Once upon a time there was a couple who after basically owning their own home already (renting from mom and dad), but without the ownership benefits, knew that now was the time to land a home of their own. Every day they wondered if the timing was ever going to be perfect to start the process and if they'd find what they needed. One day, they decided to reach out to someone who could help, which landed Julien & Erin in an Initial Consultation w/ Jesse to come up with the plan. Because of that, we determined what the optimal home would look like, and why. We knew we wanted a "cozy nest" full of lifestyle which complimented their stage in life, but that was also a great financial choice which represented their "next step." CLICK ON IMAGE TO VIEW VIDEO Because of that, they got pre-approved w/ Jeremy and we got the show on the road with Anahi! Which just happened to have coincided with one of the more aggressive real estate markets in history, with lots of
In the last video we defined a home inspection, so today, we’re going to talk about what to expect at one. Now, the duration of the inspection depends on the size of the property: a 2 bedroom 1,200 sq ft. condo can take 1.5-2.5hrs, a 3-4 bedroom 1,800 sq. ft. house can take 2.5-3.5 hrs. So plan ahead and block some time in your schedule to attend the home inspection. The inspector will check the following major components of a property’s integrity: electrical, plumbing, roof, foundation, and integrated appliances. While you are more than welcomed to follow the inspector around the property, please know that there is a method to their inspection and it should always end with a wrap-up. In the wrap up the inspector will give you a summary of the findings and allow time for all of your questions. While it is not mandatory for you to attend your home inspection, you’d be doing yourself a huge disservice if you don’t at least show-up for the wrap-up. Yes, you’ll typically received your inspection report within 24-48hrs, but remember, this is your opportunity to find-out as much as possible about the home you are about to purchase, ask questions, and have some time to carefully look around…I even like to have a little fun by preparing for the big move! For tips on how to make the best
Your offer has been accepted, you’ve made your earnest money deposit, and now you are beginning your investigations. Next is the home Inspection: Per Wikkipedia: “A home inspection is a limited, non-invasive examination of the condition of a home, often in connection with the sale of that home. Home inspections are usually conducted by a home inspector who has the training and certifications to perform such inspections.”p tonspection?ction.ssues with the house you are about to purchase so that you can decide whether to move forward or The most important step to take during your investigation period, is doing yourself the biggest favor and exercising your right to a home inspection. A home inspection is kind of like when you visit your general practitioner for a physical. After some tests, you will be told the results of your overall health, what to watch-out for, what needs immediate attention, and when to seek the advice of a specialist if necessary. A home inspection is not about figuring-out if the property is worth what you are paying for it, that is an appraisal which we will cover at a later time, it’s not about focusing on aesthetic things like a poorly maintained carpet/floor/yard. An inspection is for you to know if there are any alarming issues with the property so that you can decide whether to move forward or walk-away from the transaction. While inspectors do a thorough investigation of the
So, you’re looking to buy a house and your go to is the good ol’ world wide web? You’ve been looking online, gazing at the numerous photo galleries and cool videos with the hip background music. This is very common in today’s world, but keep in mind the perfect home for sale online rarely becomes the perfect home in person because there is so much more to consider about a property than just how it looks. You really have to experience the home to really know if it is the right one for you and there are just things the camera can never capture. Here are a few things to watch-out-for when looking at properties online: Don’t trust the photos! Some photographers use wide angle lenses and position themselves in certain places of a room to make a space look larger and ceilings look taller; avoid getting all excited later to discover that huge property was really nothing more than a tiny house with a bunch of stains on the walls and missing patches of grass. Also, photos cannot capture the noise level near a property. What if you found the perfect place but in your back yard is the busiest freeway in the city? We recommend you drive-by the area or to save time, do a google street view or satellite view search to avoid moving next to a major
You’ve done it! You made an offer and it got accepted, congratulations! You and the Seller now have a binding agreement and each of you has a set of duties you will need to perform. The first thing you need to do is make your earnest money deposit. This deposit is different from your down-payment; it lets the Seller know you “earnestly” want their property and is typically it is 1% of the sales price. The second thing you need to complete is your inspection period. In California, a standard inspection period is 17 days long, but this can vary depending on what was agreed upon in your offer. This is your opportunity to find-out everything there is to know about the property, so take advantage! There are tons of inspections, but the most standard is a comprehensive home inspection that will scope-out the roof, foundation, electrical, plumbing, and appliances. If any issues were to be noted, the home inspector will recommend you contact a specialist for further evaluation and if you are unhappy with the results, you are able to walk-away from the transaction and get your deposit back. So much more happens after your offer gets accepted that you want to make sure you are in the right hands and a properly guided through the process. For a comprehensive list of what you need to do next, contact