PruCalVoices is a real estate blog supported by Prudential California Realty located in San Bruno, California and www.PruCal.com
PruCalVoices is a real estate blog supported by Prudential California Realty located in San Bruno, California and www.PruCal.com
Oddly enough, I get asked this question most often before clients write offers. This usually goes along with the fear of commitment or loss. Either way, clients are usually inquisitive of this before even writing an offer or deciding on what terms to offer.
If your inquiring about rejection before you write your offer, you should ask yourself how that would make you feel? Is this property your dream home, starter home, vacation home, investment? I think depending on where your interest lies with investing in that particular property will then come the answer to your question, “what next”?
If the outcome is not what you predicted or wanted then maybe you should ask your realtor why; what was the seller looking for in an offer? How can I learn from this to increase my chances of acquiring my next property of choice? Of course the best advice comes from those with their hands in the market every day so to speak! So….. don’t be afraid to ask your favorite realtor here at Prudential in San Bruno, ” WHAT SHOULD I DO?”
Lets get your best offer in first, then and only if we have to, will we deal with rejection TOGETHER:) Otherwise, BEST OF LUCK with your offer!
Bernadette Ramirez
Prudential California Realty
I WORK FOR YOU!
You can reach me @ 650-871-3639
Inspections are the buyers right. You as a buyer have the right to inspect the home if your offer is accepted by the seller. This is your chance to find out as much about the property as you can. Depending on what type of investment you have in mind, would depend on what type of inspections you should get on the property. Areas, weather, years, all of these things need to be taken into consideration when deciding which inspections to do. Using your due diligence and inspecting the property is very much to the buyers advantage and at times to the seller as well.
The final walk – through is done at the very end of the transaction a few days before close of escrow. You can refer to your purchase agreement for future reference. You can find more elaborate information regarding the final walk- through in the section labeled “Final Verification of Condition” again, verbiage may vary depending on which agreement you use. The walk- through is used to solely verify the terms and conditions of the contract have been executed by all parties of the agreement. NOT to re-negotiate terms and conditions!
Remember, these terms are not always clear or at the very least create more questions, we are always here to answer any questions you have. As tech savy as we are these days its just silly not to ask when you can have the answer at your fingertips!
Bernadette Ramirez
www.BarForU.com
Happy Holidays!!! Look below for a special Holiday offer!!!
Well that depends…. how are you planning on purchasing your home? Do you have cash? Are you planning on getting a loan; if so, have you received a pre-qualification letter from your lender yet? Once you establish the way you will be funding the purchase of your home then we can figure out which steps you will need to complete to accomplish this.
Cash is pretty self explanatory. Lets talk about financing a bit. A serious buyer, in need of a loan to purchase a home will need to contact their lender for a pre-qualification letter. This is most often wanted, to be included in your offer package, when submitting to the banks in a short sale, reo and even Sellers in a regular sale. If you are in need of a lender remember, to make things easier on you, Prudential San Bruno, has a really good Mortage Company relationship that works in house , Guarantee Mortgage 650.589.1000. What else can I say but they are nothing less than awesome!
Actually getting a pre-approval often times can speed the home buying process up. Your lender will need to evaluate your debt to income ratio in order to establish how much house you can actually afford. Read more
Well that’s a pretty loaded question. I think it depends on why you are buying. Lets break it up into pieces.
Are you investing or is this home going to be your primary residence?
If you are looking at purchasing a home for investment purposes, it’s probably a good idea to make sure it has a good return on it. Also… you want to make sure with the rent you are not only able to pay the mortgage (be sure to check if your property taxes are included in your mortgage payments). You will also want to make sure that the amount of rent you charge is comparable to the area and to your mortgage payments. Ideally you would like enough rent to cover the mortgage, property taxes, and maintenance. In the perfect world you would like your tenant to pay enough rent yet the rent be atractive enough to keep them as long term tenants to relieve as many out of pocket expenses for you. Inevitably there will be some sort of repairs or maintenance that will be your responsibility as the owner to remedy some of which you can write off 
Read more
Working on a day to day basis with buyers can be rewarding most times; however, at times working with buyers can be tedious, tiring, relentless, and at times down right exhausting! Does this mean I’m doing my job? Yes, but it also means buyers need to change with the times. There’s been a drastic change within the real estate world just in the last few years. Competition in the market continues. Now buyers should be jumping out of their seats with overwhelming joy that our INTEREST RATES and PRICES are the bomb right now! WHY are you waiting? I couldn’t even tell you how many times I have encountered buyers who THINK they are ready to buy until they actually get out there and look. Then it’s like most of the buyers out there turn into kids in a candy shop whose parents told them they are limited to just one, only worse, they not only can’t choose but they turn the candy over to look at the calories and fat content on the nutrition information only with houses. Could you imagine what that’s like for your agent?
Now that I have your attention, humor me just for one minute, Read more
The San Bruno Farmers Market is coming back. The Farmers Market located on the historical San Mateo Avenue between Jenevein and Sylvan starts on May 1,2011 and is scheduled to go thru September 25, 2011.
The farmers market has a wonderful selection of the freshest picked fruits, vegetables, nuts, berries and much more.
This wonderful market is a memeber of the Pacific Coast Farmers Market Association.
Curious what else you can find at the farmers market? Visit http://www.pcfma.com for more information and event locations!
Happy Shopping:)
Bernadette Ramirez
Prudential California Real Estate
www.barforu.com
February 19th Hillsdale shopping center is hosting a Meet & Greet event. It’s an all day event lasting from 10a.m.- 4p.m. It should be really fun and interesting!
Free admission
Over 30 family related businesses
Child fingerprinting
Free face painting
Location: Hillsdale shopping center, San Mateo
For more information: 650.344.5200
Hope to see you there!!!
Bernadette Ramirez
http://www.bramirez.prucal.com/
It’s almost here… the best time of year! Christmas is right around the corner and seems to sneak up every year. Be prepared this season, block out a time this week/end to write a list, check it (at least twice) as you accomplish all of those holiday tasks we love doing so much. To help keep you in the mood visit the attached holiday site to see the homes lit with the most cheer; www.lightsofthevalley.com! Pick the County and City of your interest and enjoy!
I encourage you to check out my holiday contest this year! All it takes is the best holiday picture you have… family, friends, kids/babies, loved ones, pets! There will be a winner for each of the following categories: Cutest picture (the kind that makes you go awwwwhhhhhhh…..); funniest picture (the kind that makes you laugh from your belly); and the last category would be for the most interesting picture (the kind that makes you wonder…) The winners will be posted on my website [www.BarForU.com] ALL of the contestants will be put in a holiday virtual album on my website for everyone to enjoy Good Luck! (submit your pictures by email, text, mail, or in person)
For those who need a little help in the gift giving area I have attached a list of 25 gift basket ideas to give this holiday to ensure you pick the right gift for the right person. Good Luck and may your holiday be filled to the top with Love and Cheer! Read more
