Buying or selling real estate in California’s Tri-Valley area and the Bay Area real estate market is a very unique experience when you choose to work with a Tri-Valley Real Estate Broker. I don’t only love where I live, I have a deep working knowledge of the area that is much more in-depth and wide than what you would expect from a local Realtor. When most area brokers cover one or two Bay area counties at the most, I have hometown experience in various markets including San Ramon, Pleasanton, Livermore, Dublin, Danville, and Fremont. Based in San Ramon, service Alameda and Contra Costa County as well as individual communities and towns. In an effort to create a more valuable service for my clients, Key to the Bay maintains all continuing education courses and connections to the local MLS. With my top local expertise, state of the art technology and time tested industry experience, your experience will make navigating even the most complex transaction smooth and easy. [Read more…]
For those that live in California’s Tri-Valley area, you know the prices are pretty high compared to the rest of the country but can you still get a deal? It may all come down to finding tricks of the trade, unique buying strategies and investing a little bit of time and research in order to find the right property a great deal. Here are some unique ways in order to get a great deal on your next Tri-Valley home.
#1. Pay cash.
Now, I understand that not everybody can but if you can, it really is one of the best ways to get a better deal. Sellers see cash is a great opportunity to get the home sold quickly and close fast. If this is something that you can manage you’ll usually have a shorter escrow. And save money on lots of closing costs and of course paying cash to save you hundreds of thousands in interest.
#2. Purchase a home in a developing neighborhood.
This is where a lot of research really comes into play. You want to have a great buyers agent that understands exactly what you’re trying to accomplish and then researches neighborhoods, the type of home you’re looking for and great deals in order to make a move on the right property. The best way to do your research is to pay attention to news broadcasts, business journals and local city websites about new construction and changes happening in a particular neighborhood. If it looks like a neighborhood is transitioning from lower-income into renovated homes or perhaps they are tearing down an old abandoned strip mall in order to develop a Starbucks and more modern conveniences, this might be the perfect time to buy a home in the neighborhood. You’re likely to get a great deal especially if you combine a lot of these tactics when purchasing the home.
#3. Consider a fixer-upper.
This is definitely something to strongly consider and research before you pull the trigger. You don’t want to buy a home that requires you to put more money into it and you’re going to get out of it. By coupling this with buying a home in a developing neighborhood you can also gain quite a bit of equity on the backend. You could save a lot of money by doing most of the remodeling yourself but you’ll want to have a home inspection and understand how much money you’ll be putting into the fix-up before closing.
#4. Buy at an auction.
Even though foreclosures are down across the country some homes are still going through the process. It’s these homes that typically end up at an auction and bidders can likely get a bargain. However, you’ll probably be in competition with investors and those that by home specifically to flip and many times they require and all-cash payment. But, if you can do it, you’re likely to get a great deal. Keep in mind that these homes are usually in poor condition so be sure to check them out before bidding and if you buy in a developing neighborhood, that’s all the better.
If you’re looking for the best deal throughout the Tri-Valley area and you need an agent on your side to help facilitate the transaction and do the research for you contact my office today. I’d be happy to set up a meeting with you about what you are looking for and start the research process to get you the right property for your needs.
Buying a home is a big step and an exciting one too so you want to make sure that you don’t make any mistakes during the home buying process. Now, this is not to say that is very easy to make these mistakes but sometimes, unknowingly, homebuyers can make a lot of mistakes during the mortgage process of the just don’t realize can harm their chances of actually getting a loan. When buying a home in the Tri-Valley area I urge all of my buyers to get pre-approved first. This is usually the first mistake many buyers make.
Tri-Valley Mortgage Mistakes and How to Avoid Them
Not getting Pre-Approved.
This is where you actually sit down with a lender and figure out how much money you can spend on a house. The lender will determine how much income you’re receiving each month and how much is going out in debts, loans and basic utilities. From there, the lender will determine how much in a monthly mortgage payment you can handle which will relate to the total cost of a home. This also is a way to determine what your interest rate will be based on your credit history, report and score. Many homebuyers feel that they can simply enter some information on a mortgage calculator to determine their price range but unfortunately, if they’ve not gone through lender, their financing is not secured. Sellers look for secure financing and low risk offers. By being prepared with a preapproval letter ahead of time, you can ensure the seller that you’ve already done your financial homework.
Changing your identity.
This might sound like a crazy task but you might be surprised as to how often this happens. For instance: if a couple is planning on getting married and they’re buying a house at the same time, between the time the couple was approved for a loan versus when it closes, the wife’s last name could’ve changed. This is changing your identity and it could really negatively affect your chances of getting a home loan. Yes, you are the same person but don’t make any of these major identity or name changes until the property closes.
Making large purchases before closing.
Once the lender has determined how much you can afford you don’t want to change that in any way. This means it is not the time to finance a vehicle, spend large amounts on new furniture or other major appliances or take out loans of any kind. Consider freezing all of your assets, liabilities, loans and big spending until the closing is completed.
Not answering questions to your escrow or lender in a timely manner.
Everyone is working towards the closing date. There are numerous parties involved in the buying and selling of real estate and anything can hold up that process. Make sure you respond to phone calls and requests in a timely manner and don’t get frustrated if escrow or title officers ask for more identification or specific documents. They need to make sure that you are the correct person buying the home and that your identity is protected. Also consider all costs involved and ask about the costs including taxes, HOA dues, insurance and appraisals.
By keeping all of these things in mind you can ensure that your deal will close on time without a lot of hiccups. Of course, every single transaction is different so even if you’ve done everything possible those rare instances can happen or things simply fall through. By avoiding all of these mistakes you have a better chance at setting yourself up for successful homebuying purchase. Tri-Valley Mortgage Mistakes and How to Avoid Them
Great tips for buyers and sellers:
How to Stage a High-End Home Great information for those with luxury homes and are looking to do a little staging on their own.
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When buying a home, do you need your own agent or can you just use the listing agent of the home you want to buy? Does it benefit the buyer to use their own agent?
Closing costs can be all over the board but they are something all new buyers should understand. Here’s how to understand closing costs and what buyers should know.
If you’ve never written of a real estate offer before the process might seem overwhelming and confusing but it doesn’t have to be. One of the biggest things I tell any potential homebuyer is to make sure you have your own buyers agent before jumping into the real estate market. Buyers agent works solely for the homebuyer helping them throughout the process, offering tips, suggestions and advice not just on placing the offer, but on home inspections, financing, appraisals and anything else that might come along during the process. [Read more…]
The word recession might scare some people but this is definitely not the 2008 housing market. Still, anyone looking to buy a house may want to do so before the recession, of course. The last thing you want is for the tides to turn the minute you buy only to now owe more than your home is worth. And since nobody knows for sure and we can only go on economic predictions, conventional indicators such as unemployment rates, mortgage rates, and construction levels are currently very healthy. [Read more…]
Buying a condominium or a townhouse for that matter is very similar to a single-family home but there are distinct differences. You will be dealing with the homeowners association when you buy into a condo or a townhouse community, very similar to a subdivision that might be gated or part of an HOA. Not only will you be paying a monthly mortgage payment along with principal, interest, and homeowners insurance but you’ll also be paying fees directly to the homeowners association. There are specific questions you should ask before buying a condominium. With so many townhouse/condo associations and developments throughout the Tri-Valley area, this is a common issue that I have with a lot of homebuyers. It’s best to understand the implications and the details of buying a condo before jumping into the transaction. [Read more…]
Most people understand what a real estate agent is and does. A real estate agent is not just simply a job but a licensed position that requires continuing education to maintain their license and keep their job.For most people, the legalities and details of buying and selling property is not something that they want to deal with on their own. Many homeowners feel that they can try to sell their property on their own first, and if that doesn’t work, hire the help of a real estate professional. Many first-time homebuyers don’t even realize that it can benefit them to have their own agent when buying a property, rather than going with the listing agent of the home they chose. This is where a buyers agent, a listing agent and dual agency come into play. [Read more…]
With the onslaught of shows like Fixer Upper, Flip That House, and other similar shows, the appeal for fixer-uppers has been more prominent than ever, but are they really a good buy? Before you launch into a full-on HGTV project, here are some things to know about a fixer-upper.
Most amateur fixer-uppers spend a lot of time, energy, and money.
2019 is literally right around the corner, I mean, literally in less than 12 hours it will be 2019 and here I am blogging on the last day of 2018. 2019 is going to be a great real estate year and even though home prices are going up, they’re not going up so fast that buyers are not buying. However, one good thing for homebuyers is that you probably won’t have as much competition as buyers had over the last two years. Because home prices are going up, there just won’t be that many buyers, and many of those buyers have already purchased a home. So, what do you need to buy a house in 2019? Here’s my list. [Read more…]
I love my clients and obviously couldn’t do this job without them, which is why I’m so grateful when one offers a warm word about their transaction.
“Dale worked with us for >2 years to find the right house for our family, and I couldn’t have been happier with the entire experience (and especially the home we ended up buying!). We started out on a tight budget and a particular city that we wanted to live in. Dale spent a lot of time with us upfront to draw out more aspects to the home that were important to us (location within the city, schools, etc.) — to help him further refine our search and to guide future efforts. Dale then toured homes with us, helped us do our due diligence, connected us with the perfect loan officer, put offers on homes, negotiated on our behalf, and ultimately secured a new home for our family. Dale did it all, and he did so with such responsiveness. I’d send him messages throughout the week and at all (reasonable) hours, and Dale would respond to my inquiries right away — even when traveling. And he did so without ever being pushy or taking us beyond what we were comfortable with. He focused on getting us the right house for our situation, and provided top-notch service in the process. I wholeheartedly recommend Dale to anyone looking for a real estate agent. Dale really does do it all, and he’ll help you find the right home for you and your family. Thank you, Dale!– Reviewer
Some deals are cut and dry, while others are extensive and can take months. Most of it is out of our hands due to a short sale or issues with sellers. I so appreciate the patience this client had when dealing with this purchase.
Buying your first home?
This is an exciting time! I LOVE helping people step foot into their very first house. Whether it’s a newly married couple, people that have been renting for years and now have the funds available for a down payment, or single people starting off in life. Families, college graduates, millennials, or even those that have never owned all their life and now finally are seeing the rewards of their years of hard labor, nothing beats helping first time home buyers achieve their goals of homeownership.
“I came across Dale on Zillow, completely by chance, and was so glad I did! As a first time homebuyer, I had no clue about the process and Dale walked me through everything, making sure all processes were completed on time. I had tons of questions on the stacks upon stacks of documents, and Dale took the time to highlight important points for me. We had a couple hiccups along the way with the other agent, but Dale was very proactive in following up to ensure things were executed smoothly. Highly highly recommend Dale (and his assistant Allie) if you are a first time homebuyer” – Glen E. Hayward CA
What about selling?
Selling can be stressful but with my proven system, detailed listings, and a tight strategy for marketing, we can get your home sold quickly for as much profit as the market can bear. It’s a great market right now and sellers are getting over asking price in several markets around San Ramon, Danville, Pleasanton and other communities
What about investing?
I have worked with dozens of investors over the years and have the inside scoop on the best neighborhoods and communities and up and coming neighborhoods that would be ideal for renting out and building your investment portfolio. There are key numbers to look at when investing and to get the most ROI you must find the perfect house – I can help you do that.
So get started today and I hope YOU can be my next positive review! There is no greater compliment than a referral from friends! THANK YOU!!