You’ve submitted your offer, and you just received a counter from the seller, and it says that they want you to remove your appraisal contingency—should you? Today, let’s talk about contingencies, specifically the appraisal contingency, and how to responsibly remove this contingency to make a competitive offer.
Anyone who is looking to buy a home in the Bay Area will benefit from this content.
I seriously hate the question “Is now a good time to buy a house?” Let me share with you why.
Admittedly, it’s something that I get asked all the time. However, in my opinion, what people are really asking is, “Should people be buying houses even though the market is so hot? Even though it’s a seller’s market? Even though prices are up?” However, if you want to succeed, those are really not the right questions.
Is the state of California really going to buy foreclosures? Well, according to this Senate Bill 1079? NO.
I’ve recently seen this headline about a recently passed Senate Bill 1079 or “The Homes for Homeowners, not Corporations” bill. It has gotten a lot of flak online, and in YouTube world, especially. But frankly, I just don’t see it. Maybe I’m missing something? Nonetheless, today, I want to talk about what this bill says, what it’s going to do, and how it affects us here in the East Bay in our real estate, transacting world. Let’s get started.
With all this talk about mortgage forbearance and foreclosures being kicked out in another six months, I think it’s time to talk about what a foreclosure actually is, how long they take, and what you should be really aware of when you’re hearing about all this mortgage forbearance that’s being added to our foreclosure and real estate world.
February 16, 2021– a day that will live in infamy forever. Now, it’s not that big of a deal. However, if you’re going to be in the real estate market, it is definitely something you need to know about. On that day, President Biden has officially extended the mortgage forbearance and foreclosure moratorium. Today, let’s talk about why it is important.
Yes, it’s a seller’s market. But whether you’re going to make it or break it depends in a big way on the mentality that you’re bringing to the home buying experience. If you don’t get that fixed, you’re just not going to succeed. So today, let’s talk about what you can do to MAKE it.