Real Estate Answers

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REAL ESTATE ANSWERS: How has the negotiating environment changed as the market has shifted?

How has the negotiating environment changed as the market has shifted? When the real estate market is at its strongest, there is not a vast amount of negotiation between buyers and sellers. Buyers make strong offers in competition, often waiving the inspection [...]

REAL ESTATE ANSWERS: How much difference do higher interest rates make for home sales in our area?

How much difference do higher interest rates make for home sales in our area? Over the spring, the Federal Reserve announced a plan for multiple interest rate hikes this year to try to get inflation under control, and we’ve seen three rate [...]

REAL ESTATE ANSWERS: Why are most sellers in our area no longer accepting “love letters” from buyers?

Why are most sellers in our area no longer accepting “love letters” from buyers? In our market, where buying a home is a super-competitive process, it used to be the case that buyers would include a “love letter” with their offer in [...]

REAL ESTATE ANSWERS: Should I be careful not to over-disclose when I’m selling my home?

Should I be careful not to over-disclose when I’m selling my home? Completing seller disclosure forms in California can be a daunting task. A seller is legally obligated to disclose all known material information about the property to the buyer, and can [...]

REAL ESTATE ANSWERS: What kinds of projects can add lasting value to my home?

What kinds of projects can add lasting value to my home? Suppose you want to do some work on your home, and you want to choose a project that will add value, not just today, but into the future when you might [...]

REAL ESTATE ANSWERS: What is the right pricing strategy for my home?

What is the right pricing strategy for my home? In Berkeley and in the surrounding areas, it has long been the case that many properties are listed below what they’ll likely sell for.  I’ll call this “low pricing.”  Low pricing is a [...]

REAL ESTATE ANSWERS: What is home fire hardening, and do I need to do it?

What is home fire hardening, and do I need to do it? “We’ve learned from recent fires. Hardening your home and keeping the 5 feet closest to your house clear of flammable materials (including patio furniture and décor) greatly improves its chance [...]

REAL ESTATE ANSWERS: How are property tax assessment transfer rules changing due to Prop. 19?

How are property tax assessment transfer rules changing due to Proposition 19? If you are one of the many people in California who at some point considered moving but decided not to because your property taxes would increase sharply, you could be [...]

REAL ESTATE ANSWERS: Why (and how) do so many local sellers spend so much money getting their homes ready for sale?

Why (and how) do so many local sellers spend so much money getting their homes ready for sale? Sellers in our area routinely spend tens of thousands of dollars on work and staging in preparation for putting their home on the market. [...]

REAL ESTATE ANSWERS: Why should you pull a permit for work done on your home?

Why should you consider pulling a permit for work done on your home? The #1 reason you should get a permit if you’re having work done on your home that requires it is the obvious one: it’s required by law, and you [...]

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