Is Homeownership Right For You? Maybe.

Despite the fact that I help people buy and sell real estate for a living, I don’t think homeownership is for everyone.  (There, I said it.)

For the most part, I strongly support investing in real estate and homeownership.  I think it is an excellent way to build wealth, and provide security and stability in many ways.

However, there are a few reasons why I think buying a home and committing to a 30-year mortgage might not be right for someone*: Continue reading “Is Homeownership Right For You? Maybe.”

JUST SOLD – 979 36th Street, Richmond

Congratulations to my newest set of homeowners! Admittedly, this home started out with some flaws that might have scared other homebuyers away.  But after reviewing what was truly important to my clients and taking a closer second look, my clients decided this was the home for them, so we convinced the seller to fix those “flaws” with our winning offer and went for it.  It took some persistence, but sometimes winning the right home for you means really thinking about what you want, what can be fixed to get you what you want, and what you can’t live without.  Then, with the right negotiations, you can reach an agreement that works for everyone. Continue reading “JUST SOLD – 979 36th Street, Richmond”

JUST SOLD – Off Market in La Honda

Earlier this month, I had the pleasure of helping my clients buy their first home nestled in the beautiful redwoods of La Honda, California. After exploring a few different areas, these homebuyers decided La Honda was the next place they wanted to plant some roots.  Located just a short drive from Palo Alto and the rest of the peninsula, as well as the Pacific Ocean in the opposite direction, this location was absolutely perfect for them to start their next chapter.

With little inventory available in La Honda, I knew I had to get creative to find this well-deserving couple their dream home, before prices continued to appreciate and with interest rates on the rise.  Continue reading “JUST SOLD – Off Market in La Honda”

The Less Obvious Costs of Buying A Home

If you’re a first time homebuyer, or it’s been a while since you bought your home, you’re probably wondering what added costs are involved in purchasing a home, aside from your down payment.  Once you are under contract to purchase a home, your lender will provide you with a loan estimate, which will include an estimate of all closing costs.  However, you may want an idea of what these costs look like long before reaching that point in the homebuying process.  And rightly so:  it’s important to be informed ahead of time to avoid surprises – just a little preparation can make all the difference.  A general rule of thumb is to budget for 1% of the purchase price towards closing costs.  Below is a rough estimate* of some of the costs that might be involved with your home purchase.  (Please note these numbers are based on the San Francisco Bay Area real estate market and may vary.) Continue reading “The Less Obvious Costs of Buying A Home”

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