• Buyer's Only Coastal Realty CA Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Buyer's Looking For A Home Are Starting The New year Of 2018 With Great Choices Of Inventory For Coastal Southern California Cities Like Fallbrook CA, San Clemente CA, Laguna Beach CA, Carlsbad CA, and City To City Where Is The Best Bang For Your Buck, is the biggest question I am asked as a Buyer Only Agent| Realtor| Brokerage.

Price Per Square Foot, A custom Home Over 2000 Sqft With An Acre Lot or Larger, Possible Views and Only About Twelve Miles To The Beaches Oceanside | Fallbrook CA Fallbrook CA Real Estate By Far Is The Best Bang For The price per Sqft and Lot size still fairly close to the coastal beach areas in all Of Southern California.

Second least Expensive Coastal Close Area To Buy A Home In Southern California, is Oceanside CA. Oceanside CA Real Estate Starts around $475,000 For a Three bedroom Detached Home 1400sqft or larger. They will mostly be tract Style Homes, not custom and have average lot sizes 3000-6000sqft Lot Size. The best Areas of Oceanside Are South Side of The (76)  Rancho Del Oro area which also abates Vista CA and Carlsbad CA To the South/Southwest borders and Bonsall /Fallbrook To The East Northeast Borders. About 7 miles To The beach.

If you compare these couple area Fallbrook and Oceanside CA to Orange County CA Real Estate prices for same Sqft and Lot sizes, A Detached Home In San Clemente CA About 5 miles to beach 3 bedroom, 4500sqft lot size, will start at about $690,000. Average price about $800,000 and that will not have a view per say and be a tract home. Southwest San Clemente is mostly custom homes walking distance to the beach and a small beach cottage 2+1 bed/bath no view 1000 sqft or so will run you $1.2million start price built in 1950-1980 or so.

Laguna Beach CA Real Estate of Course starts about $1.5million for a smaller sqft custom home 3500-5700sqft lot size up the hill Temple Hills, Top of the World areas of Laguna Beach which you need a car to get to the beach from up there. Closer to Downtown Laguna beach upwards $2million up in price. However Laguna beach is only about 7 miles of coastal living as they say the California Riviera and a vacation destination with boutiques, find dining, art galleries and quaint feel. Gorgeous Coves and beaches. I would say Laguna Beach CA and La Jolla CA Real Estate which is in Northern San Diego County Have similar prices on Homes also the most beautiful Cove type beaches in All of Southern California.

I could go one and on city by city, with insight to each market in each city. As one of the few Realtors existing with a Buyer Only Real Estate Brokerage | Exclusive Buyers Agent , I cover a larger geographical swath when showing homes then traditional offices ( which work with both sides same time buyer/seller) since those type offices have part time service to each side, they usually do not cover as much area within one office of itself. So I show homes in many cities and stay abreast of market conditions and the details of each city to give information on the spot to save time for my home buyers | working on one side only full time service and loyalty to only home buyers | showing all listings on the market on and off MLS. Feel Free To Contact Me with your questions and Happy New Year To All.

 

June 16, 2021

Do You Really Need to Hire an Exclusive Buyer's Agent? Find Out!

 

To hire a buyer's agent or an exclusive buyer's agent? This question might just be the reason behind your sleepless nights!

This blog is here to answer all your buyer's agent concerns and give you all the reasons why you need to hire an exclusive buyer agent for your next real estate transaction!

an exclusive buyers agent can help you secure a real estate transaction

Streamlining the Home-Buying Process

If you're tired of looking up listings and for sale properties on your own, an exclusive buyer's agent can help you navigate through the process. They'll work by keeping your purchase goals in mind, help you find the best properties at the best prices, and negotiate a successful sale deal on your behalf.

The best part about working with an exclusive buyer's agent is that they always work for home buyer and never for sellers!

Safeguarding your buyer's interests

While any dual realtor can help you land the property of your dreams, not everyone will go out of their way to protect your buyer's interests.

A dual agent's interests lie in securing incentives from both the seller and the buyer in the same transaction. This can affect your real estate investment in the long run.

An exlusive buyer's agent, on the other, is obligated to provide specific fiduciary duties to their clients. From disclosing any property defects to complying with all state and federal laws, exclusive buyer's agents will ensure that your real estate transaction benefits you in every way!

Unbiased Professional Advice

Since exclusive buyer's agents aren't getting any incentives from sellers, you're their only client.

These agents will ensure that you sign any worthwhile real estate transactions and keep away from any shady sellers. Moreover, exclusive buyer's agents offer unbiased advice by briefing you on the pros and cons of a property, its resale value in the future, and the ongoing market trends.

An exclusive buyers agent is versed in the latest real estate market trends

A reliable exclusive buyer's agent will also ensure that they help conduct in-depth home inspections to avoid any nasty surprises in the future.

Getting a Head Start on the Offer Writing Process

If you've found the property of your dreams at an unbelievable price, it's time that you settle down to pen a purchase offer.

However, a poorly written purchase offer can kick you out of the preferred candidates' list and land you in the rejected pile!

An exclusive buyer's agent can simplify the offer writing process for you!

They can help buyers choose the correct home purchase form, determine the price according to the latest market trends, make an earnest money deposit, and include contingencies in the purchase offer.

Drafting a well-rounded purchase offer will hike up the chances of it getting accepted by the seller.

Negotiating on Your Behalf

When it comes to negotiating the perfect deal, no one can beat a competent exclusive buyer's agent!

These agents will do everything to get you your preferred property. From including escalation clauses in your offer to offering market value prices to the seller, exclusive buyer's agents will ensure that you get the best property at the best price! Moreover, they'll ensure that the whole transaction is in compliance with the state and federal laws, and you don't get into any legal complications.

If you're looking to hire an Exclusive Buyer's Agent for your new home in San Diego, Buyers Only Coastal Realty is just a call away!

We are a buyer's only real estate agency with over 31 years of experience in the real estate industry. From helping you buy real estate in Temecula to finalizing the real estate deal in Fallbrook, CA, we can streamline the whole process for you.

Give us a call at 760-451-1500 to learn more about our exclusive buyer's agent services in San Diego.

Posted in Home Buying
March 6, 2021

What Are Benefits Of 20% Down Payment Home Buying In CA

What Are the Benefits of a 20% Down Payment?

What Are the Benefits of a 20% Down Payment? | MyKCM

If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want to put 20% down, it’s important to understand how a larger down payment can have great benefits too.

The truth is, there are many programs available that allow you to put down as little as 3.5%, which can be a huge benefit to those who want to purchase a home sooner rather than later. Those who have served our country may also qualify for a Veterans Affairs Home Loan (VA) and may not need a down payment. These programs have really cut down the savings time for many potential buyers, enabling them to start building family wealth sooner.

Here are four reasons why putting 20% down is a good plan if you can afford it.

1. Your interest rate may be lower.

A 20% down payment vs. a 3-5% down payment shows your lender you’re more financially stable and not a large credit risk. The more confident your lender is in your credit score and your ability to pay your loan, the lower the mortgage interest rate they’ll likely be willing to give you.

2. You’ll end up paying less for your home.

The larger your down payment, the smaller your loan amount will be for your mortgage. If you’re able to pay 20% of the cost of your new home at the start of the transaction, you’ll only pay interest on the remaining 80%. If you put down 5%, the additional 15% will be added to your loan and will accrue interest over time. This will end up costing you more over the lifetime of your home loan.

3. Your offer will stand out in a competitive market.

In a market where many buyers are competing for the same home, sellers like to see offers come in with 20% or larger down payments. The seller gains the same confidence as the lender in this scenario. You are seen as a stronger buyer with financing that’s more likely to be approved. Therefore, the deal will be more likely to go through.

4. You won’t have to pay Private Mortgage Insurance (PMI)

What is PMI? According to Freddie Mac:

PMI is an insurance policy that protects the lender if you are unable to pay your mortgage. It's a monthly fee, rolled into your mortgage payment, that is required for all conforming, conventional loans that have down payments less than 20%. Once you've built equity of 20% in your home, you can cancel your PMI and remove that expense from your mortgage payment.

As mentioned earlier, when you put down less than 20% when buying a home, your lender will see your loan as having more risk. PMI helps them recover their investment in you if you’re unable to pay your loan. This insurance isn’t required if you’re able to put down 20% or more.

Many times, home sellers looking to move up to a larger or more expensive home are able to take the equity they earn from the sale of their house to put down 20% on their next home. With the equity homeowners have today, it creates a great opportunity to put those savings toward a 20% or greater down payment on a new home.

If you’re looking to buy your first home, you’ll want to consider the benefits of 20% down versus a smaller down payment option.

Bottom Line

  • If you’re thinking of buying a home and are already saving for your down payment, let’s connect to discuss what fits best with your long-term plans. I have lenders to recommend who have loan programs big banks limit the customer from. Also, with my thirty one years of Realtor experience assured by full time home buyer service and loyalty to buyers only from this firm, I will make the buying process streamlined and show all listings in the market with an unbiased approach to the sellers interest. Guaranteed.  Text to set time to talk 949-573-2953 or email your questions to suzanne@coastalbuyers.com 
Posted in Home Buying
Feb. 25, 2021

Will There Be More Home Inventory This Year

Are There Going to Be More Homes to Buy This Year?

Are There Going to Be More Homes to Buy This Year? | MyKCM

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale is at an all-time low – the lowest point recorded since NAR began tracking this metric in 1982. There are, however, more homes expected to hit the market later this year. Let’s break down the three key places they’ll likely come from as 2021 continues on.

1. Homeowners Who Didn’t Sell Last Year

In 2020, many sellers decided to pause their moving plans for a number of different reasons. From health concerns about the pandemic to financial uncertainty, plenty of homeowners decided not to move last year.

Now that vaccines are being distributed and there’s a light at the end of the COVID-19 tunnel, it should bring some peace of mind to many potential sellers. As Danielle Hale, Chief Economist at realtor.comnotes:

“Fortunately for would-be homebuyers, we expect sellers to return to the market as we see improvement in the economy and progress against the coronavirus.”

Many of the homeowners who decided not to sell in 2020 will enter the market later this year as they begin to feel more comfortable showing their house in person, understanding their financial situation, and simply having more security in life.

2. More New Homes Will Be Built

Last year was a strong year for home builders, and according to the National Association of Home Builders (NAHB), 2021 is expected to be even better:

“For 2021, NAHB expects ongoing growth for single-family construction. It will be the first year for which total single-family construction will exceed 1 million starts since the Great Recession.”

With more houses being built in many markets around the country, homeowners looking for new houses that meet their changing needs will be able to move into their dream homes. When they sell their current houses, this will create opportunities for those looking to find a home that’s already built to do so. It sets a simple chain reaction in motion for hopeful buyers.

3. Those Impacted Financially by the Economic Crisis

Many experts don’t anticipate a large wave of foreclosurescoming to the market, given the forbearance options afforded to current homeowners throughout the pandemic. Some homeowners who have been impacted economically will, however, need to move this year. There are also homeowners who didn’t take advantage of the forbearance option or were already in a foreclosure situation before the pandemic began. In those cases, homeowners may decide to sell their houses instead of going into the foreclosure process, especially given the equity in homes today. Lawrence Yun, Chief Economist at NAR, explains:

“Given the huge price gains recently, I don't think many homes will have to go to foreclosure…I think homes will just be sold, and there will be cash left over for the seller, even in a distressed situation. So that's a bit of a silver lining in that we don't expect a massive sale of distressed properties.”

As we can see, it looks like we’re going to have an increase in the number of homes for sale in 2021. With fears of the pandemic starting to ease, new homes being built, and more listings coming to the market prior to foreclosure, there’s hope if you’re planning to buy this year. And if you’re thinking of selling and making a move, doing so while demand for your house is high might create an outstanding move-up option for you.

Bottom Line

Housing demand is high and supply is low, so if you’re thinking of moving, it’s a great time to do so. There are likely many buyers who are looking for a home just like yours, and there are options coming for you to find a new house too. Let’s connect today to see how you can benefit from the opportunities available in our local market.  Search Homes Now On This Website Save Search To Stay Updated When New Listing Inventory Hits The Market. Feel Free To Contact Me With Questions I Have Thirty One Years Experience And The Only Home Buyer Only Specialty Office In San Diego, Orange And Riverside County Areas. 949-573-2953 Text.

 

Posted in Home Buying
Feb. 16, 2021

Millinneals Home Buying Tips

Millennials: Is It Time to Buy a Bigger Home?

Millennials: Is It Time to Buy a Bigger Home? | MyKCM

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending much more time at home these days, you may have a growing need for more space or upgraded features, making moving more desirable than ever.

For those millennials who already own a home, there’s a great opportunity to move up in 2021. Danielle Hale, Chief Economist at realtor.comexplains:

“Older millennials will be trade-up buyers with many having owned their first homes long enough to see substantial equity gains.”

Even if you bought a home sometime in the last few years, you may have more equity than you realize, and that’s a big factor to consider when you’re thinking about moving. According to the Homeowner Equity Insights Report from CoreLogic:

“In the third quarter of 2020, the average homeowner gained approximately $17,000 in equity during the past year. This marks the largest average equity gain since the first quarter of 2014.” 

Growing equity can be the driver you’re looking for to fund your next move, especially if what you need in a home is changing right now. As equity builds over time, it can be put toward the down payment on your next home.

In addition to equity gains, today’s housing market affordability is powered by record-low mortgage rates, so moving at a time when you can get more for your money may be more realistic than you think.

Bottom Line

If you’re a millennial thinking about moving this year, you’re not alone. Let’s connect to shed light on the equity you have in your current home and the opportunities it can create.

Posted in Home Buying
May 7, 2018

Finding A Place To Buy In Encinitas CA

Finding A Place To Buy In Encinitas CA

 

So your thinking of finding a place to call home and buy in Encinitas CA? Great choice ! 

Encinitas most famous surf spot Swami’s is noted in the Beach Boys lyrics to Surfin USA and has some beautiful coastline along the six miles of Encinitas city limits.

Buying Encinitas real estate has a higher pricepoint West of the Five freeway. 

But the homes for sale above Vulcan Ave are cute custom homes and modern mansions combined with some duplex type income properties starting on an average of $1.2 million up in price.

Encinitas Real estate Listings inland of the Five freeway start around $700,000 for detached homes built in the 1970’s and 1980’s as well as real estate condo listings and townhomes starting in the $500’s. A Encinitas buyers only real estate agent like myself can show you all the Encinitas houses for sale on the MLS that match your criteria, since Encinitas is a beach city with realty choices for all types of home buying.

Downtown Encinitas is cute and quaint with great restaurants and yearly street fairs and a once a month hot rod and classic car gathering the third Thursday of each month.

Also home to historic La Paloma theatre. 

Moonlight Beach is another favorite beach with volley ball courts at the end of Encinitas Blvd.

Many lots in Encinitas are subdivided Avocado Groves from the 1940’s or so were many groves and still, you can walk down the street and pick fruit off trees. My favorite were Loquats ha ha !

Buyer’s Only Coastal Realty is available and the only buyer only Realtor office near Encinitas going back to 1978 with being a local resident of past and can show you the perfect choices of real estate to streamline your house hunting process. Search Encinitas homes for sale with 28 years experience at your side. Working only for the homebuyers interest.

Encinitas Real Estate Listings

Posted in Home Buying
April 28, 2018

What Makes Fairbanks Ranch CA Ideal For Luxury Homebuyers

Fairbanks Ranch CA Is Part Of Rancho Santa Fe Also. Located In North County San Diego Minutes To The Beaches Of Del Mar And Solana Beach, Makes It An Ideal Location And Climate, With Very Nice Luxury Homes Throughout The Community.

Some Of The First Fairbanks Ranch Real Estate purchased in the 1920's by movie legend and idol Douglas Fairbanks. He and wife Mary Pickford owned over 3000 acres here, which they dubbed Rancho Zorro, from Fairbanks role in “The Mark of Zorro.” ... In 1977, Ray Watt laid eyes on the fabled “Rancho Zorro.” 

By 1977, famed developer Ray Watt set his sights on acquiring Rancho Zorro, which would entail assembling parcels from eight different land owners to develop what is known as Fairbanks Ranch.  Today, The median home price for Fairbanks Ranch real estate listings is 983% higher than the national average.

Fairbanks Ranch houses for sale average around two million dollars in price range.

There are two gated communities comprised of the area and fabulous golf courses also equestrian facilities nearby this 92091 zip code.

If your looking for larger square foot homes and pristine surroundings Fairbanks Ranch homes for sale are abundant and Buyer’s Only Coastal Realty Are Fairbanks Ranch Real Estate Agent, Who Are Buyers Only Agents,Realtor, NAEBA Members, Available To Show You Homes And Share More Information About The Area. You will find the perfect home and great amenities close to the beach and shopping with low renter ratios and higher owner occupancy ratios than most other cities in the region in Fairbanks Ranch CA

Posted in Home Buying
April 25, 2018

Why Buy A Home In Fallbrook CA

Why Buy A Home In Fallbrook CA ?

Looking For Fallbrook homes for sale can be much more home for your money than other cities around Southern California. 

Many Fallbrook houses for sale are custom homes with larger acreage and views. You can find luxury homes with equestrian facilities or homes with avocado or citrus groves. 

Most Fallbrook real estate is actually on Septic and Propane and some properties have a well in this area. A friend and past client joked around how Fallbrook is so lush and green from all the Septic in the area ha ha! 

You can see all Fallbrook real estate listings on my website which updates every fifteen minutes from the MLS. My sites home search is a great way to get familiar with the available homes on the market and see prices that start around $450,000 on up.  Great location as close as twelve miles to the beach from the coastal foothills here in North County San Diego.

As  a Fallbrook real estate agent, actually Exvlusive Buyers Agent 28 years Realtor and NAEBA chartered member, makes me the only office exclusive to the home buyers side in all Fallbrook and nearby cities. As the Broker, Owner and local in the area, I am a rare broker to work directly with my buyers from the start to finish of the home buying process, as the owner of Buyer’s Only Coastal Realty. So take a look and see what you find in out quaint little town of Fallbrook and I am available for any questions to help with your real estate needs today!

Posted in Home Buying
March 10, 2018

What You Should Know Before Buying A Condo Or Townhome

What You Should Know Before Buying A Condo Or Townhome

Condos Or Townhomes are growing in popularity and attracting families of all sizes.

Whether in San Diego Ca Real Estate Market Or Any State in USA, Condos and Townhomes can be an excellent choice for the right buyers. As a Buyer Only Realtor And Office Exclusive Buyers Agent, there are a few things that should considered I want to recommend, before purchasing a condo or townhome. Most buyers start with the condo itself. That may be a good place to begin but, before they buy, buyers should also consider other factors outside of the condo.

 

Some developers are building attached property that have a look and feel like single-family homes. These modern condos or townhomes have great rooms and open, flowing floor plans that look and feel like a single-family home rather than an apartment or condo or something with an attached wall like a townhome.

One of the major attractions of condos is the low maintenance. The community area is maintained by an association funded by the dues that homeowners pay into it.

That's why buyers' first consideration should be to explore the development and make sure they like the look and feel of the complex and surrounding community. There are codes and restrictions, often referred to as CC&Rs (convenants, codes, restrictions) that buyers will have to abide by once they purchase a condo. Buyers should ask to review them before making an offer to purchase a condo. During Escrow, there is a few day review period in most escrows to review CC&r’s and cancel escrow, if a unpleasing find in the review occurs. For example, no more than two dogs allowed ( you own three dogs) These regulations help ensure that the community maintains its general appearance and any necessary repairs of the external areas, conformity for all cohabitating in the complex.

Review the association's budget. It may be necessary to get the seller to provide this information because it may not be released to a non-owner who is only a potential buyer. If you find the Home Owners Association Is close to bankruptcy or has an upcoming assessment, keeping in mind there are no guarantees of future assessments, are considerations. However, in considering buying into a development, it's almost like going into business with the neighbors in the complex. It's important to make sure that the association is running properly and has enough of a reserve for necessary expenses and maintenance. The budget and CC&Rs will give an idea about how stable the association is and if increases in the homeowners' association dues are likely each year.

Find out how many owners in the development are delinquent on their dues. A condo complex that has a high level of delinquencies can cause problems for buyers when it comes time to get a loan or sell the condo. Some loans are not approved if delinquency rates are higher than 15 percent.

Review the minutes from the association's board meetings. They will reveal the day-to-day issues that occur each month and give an indication of how the development is run. For instance, lots of complaints and filings about noisy residents, loud parties, or dog droppings on the lawn reveal potential problems with neighbors. The minutes will also reveal if the development is engaged in any lawsuits. Most HOA’s end up with a lawsuit at some point in their existence.

Understand what your responsibilities are for the upkeep of the condo. Find out what the association takes care of and what the homeowners have to maintain. Look at the association's property management team and see how many times the association has changed management companies. Find out why. This will may reveal how responsive the association will be should residents need its assistance.

Ultimately, buyers need to ensure that when they purchase a condo they're not buying into any legal battles the association is in the middle of and that they will be able to live in their condo the way they want. Study the CC&Rs and do due diligence before buying. Once you sign off on the review period of CC& R’s during escrow and remove all contingencies, the deposit is not refundable. But anytime before your inspection due diligence period it is. Visit my website to contact me for more advice or to have me prepare a custom hime search to take you out and see some real estate if your purchasing in San Diego Or Orange County CA I Have Two Websites. 28 year Realtor experience available to you. Buyer’s Only Coastal Realty is A Chartered NAEBA Member verified buyers only agent and office.

 
Posted in Home Buying
Feb. 19, 2018

Home Offer Presented To Seller By Listing Agents And How To Know If They Really Presented The Offer | Are The Listng Agents Obligated To Tell You If It Has Been Presented ?

Many Home Buyers Are In Question Of The Offer Submitted To Buy. If A home Offer Has Been Promptly Submitted To The Seller. Legally And Per The Board Of Realtors Rules They State Following ;    There has been a fluctuation of phone calls relating to the presentation of offers.  Selling Agents (Buyers Agent Who Showed The Home Wrote The Offer) are calling to inquire about what can be done to confirm that their offer has been presented ( By The Listing Agent Who Has The Sign On The Property And Repesents The Seller ). Does the Listing Agent have an obligation to prove that the offer was presented to their Seller?  The Code of Ethics does not require that the Listing Agent provide proof that the offer was presented.  Although the Code of Ethics doesn’t require the Listing Agent to provide proof  that the offer was presented, there is an obligation to present the offer to the Seller objectively and as quickly as possible.  This obligation is addressed in Article 1, Standard of Practices 6 and 7.

 

As A Buyer Only Broker ( Exclusive Buyers Agent ) NAEBA chartered member comes with that title, otherwise agents are just a “ Buyers Agent”. A Buyers Agent is Buyers Agent Fifty Percent Of The Time And Listing Agent Fifty Percent Of The Time = Dual Agent.

The Last Thing A Home Buyer Needs Is A Dual Agent In A Trying Situation Buying A Home. Not To Know Whose Side An Agent Is Working On And The Part Time Service / Loyalty That Comes With Dual Agency Is Not What Home Buyer Needs To Contend With Right?

 

Home Buyers Need The Assurance An Exclusive Buyers Agent Gives Them, Since An EBA Will Not Ever Work With Sellers Or Carry Listings In Their Office.  An EBA Speaks Louder Than Words In A Situation That Needs Full Time Attention And Tenacity In A Competative Market Condition, Which Spurs Incedents This Article Mentions. 

 

There Are deadlines on a Offer To Purchase as that is why we have contracts, to put a limit on response time back. If a Listing Agent stalls and does not honor the deadline, my 28 years of experience is, they are stalling for a higher offer due to come in, or trying to  “double end the commission”  with a buyer of their own therefore performing an action of Dual Agency, stalling and stalling overall on other offerors.

 

The Offer technichally expires after the deadline, but buyers need an aggressive representative in their side to tackle these hurdles. The Listing Agent could care less in a scenario like this if the offer expires, they have so many other offers coming in during a Sellers Market Condition especially ( where there are more buyers looking at homes than listing inventory for sale on the market).

 

 

So home buyers, protect yourself with a representative that does not list homes or work for sellers in any capacity, so you know whose side of the fence they will always be on. NAEBA members like myself are Realtors Who took it an extra step higher  believe in working for only one side of the real estate transaction full time. I can refer you if you need someone out of my service areas of Orange and San Diego Counties CA.  Buyer’s Only Coastal Realty is always here to answer your questions and offers a private home search updates every fifteen minutes on our website. Sign up or contact me via the website and hope you found this blog helpful. As An EBA I Cover Many Cities And Know The Markst Conditions In Each, To Make Your Home Buying Experience Streamlined And Complete When It Comes To Finding The Right Location And Navigating All The Hurdles And Challenges That Come Up In The Home Buying Process. When I Write An Offer To Purchase For My Clients I Obtain An Answer Whatever It Takes. Anything Less Is Unacceptable. So Home Buyers Beware Thought Was Important To Share This Insight.

Posted in Home Buying
Feb. 2, 2018

Navigating your first home inspection When Buying Real Estate

Navigating your first home inspection can be a little intimidating. Whether A First Time Or Buying A Home Many Times, As A Buyer Only Realtor 28 Years And Office Dedicated Exclusive To Only Home Buyers, I share Some Tips And Home Inspection Advice Check out this article and learn about navigating your first home inspection." #RealEstateAdvice #Homewners
#ExclusiveBuyersAgent
#BuyersOnlyCoastalRealty


Good home inspectors are great allies when it comes to making one of the most important purchasing decisions of your life. It Is Important The Home Inspector Is A Member Of ASHI (American Society Of Home Inspectors ) Most first-time homeowners don't have a clue how to kick the tires on a house. Is the foundation strong? Does the roof leak? Is the rear deck up to code? How on Earth do you know if the wiring needs attention? Thankfully, home inspectors can tell you all this and more. Here are a few tips on how to navigate your first home inspection.

Buying Your First Home Or Even buying as a seasoned multi time home buyer is super exciting, but it can also be a little nerve-wracking. Making serious financial decisions and dealing with unfamiliar lingo can be overwhelming, not to mention all of the considerations about what kind of shape the house is in when it becomes yours. It's enough to send you screaming back to your rental property. It does not need to be a frustrating experience of the home buying process, but home inspection is the most critical part of buying any home, that and final loan approval. Finding a true buyer only Realtor office and Finding the home are part of this process also, but home inspection trumps all aforementioned.

Finding Your Inspector
The best way to find a good home inspector is to get a referral. You Should Obtain At Least Three Choices.  Many times, the exclusive buyers agent or lending officer has someone to recommend, but don't feel pressured to use this person. Ask around to trusted friends and family who have recently worked with an inspector. It usually helps to ask people in the same general area as the home you're considering, too. If you can't get the inside scoop, do some Internet sleuthing to find the right match. Go To ASHI website for their inspector members. Your state housing authority will typically have a list of certified inspectors on your area as well.

Ask Questions
Once you've found a candidate, you need to ask some questions. First, find out how much the inspection will cost and exactly what it covers. Many Inspectors will not go in the roof or check Fireplaces, Septic Systems and you need to ask the turnaround time to get your Inspection Report back. If you need some payment options, ask about this up front as well. Scheduling can make the difference between getting a house and losing it, so sooner than later is a good rule of thumb. Make sure you're able to coordinate a time that won't leave your purchase in jeopardy. And before you pull the trigger, get some references and make sure the inspector is certified to work in the residential sector.

Know Your Deal-breakers
You should be there with the inspector while he or she works, I as A Buyer Only Broker, attend all inspections, but it's best to stay out of the way and save your questions until after the work is done. Most Inspectors go over the “meat” of the Report at the end of the inspection, is a great time to ask questions as you receive your discovery of items which will be noted in your report. You'll get the broad strokes during the inspection, and a detailed report will follow. You should have a good idea going in how much you can afford in home repairs, so you aren't stuck in a tough spot when you find out the roof needs to be replaced. Or if Mold is detected, usually requires further cost for testing the areas and results coming back. Contact me for more on this issue if Mold Is Discovered can share stories and info with you. Set some parameters for the amount of money you're wiling to spend to fix the problem areas. In many scenarios buyer can ask Seller to pay for Health and Saftey oriented repairs during inspection period process on a form we use called Request For Repairs. Major repairs to wiring and plumbing are no fun and can get costly. The same goes for structural work. If you need a support beam installed or some minor bathroom plumbing replaced, it may be within your budget or even your DIY range. But if the entire house sags three feet downhill or if you have flooding problems in the basement, you might want to think twice before jumping into it. At that point would have also a Geologist do a Verbal Report as part of your insoections, another subject if you want to contact me can share insight on.

Buyer’s Only Coastal Realty show all homes in coastal Orange And San Diego cities also Temecula if I can be of help as a verified buyer only brokerage 28 year Realtor and chartered NAEBA ( National Association Of Exclusive Buyers Agents) Full Time Home Buyer Loyalty | Results | Service showing homes with an unbiased approach to the sellers interest since we carry no listings to assure buyers a conflict of interest dual agency free home buying experience. 

Sources:

"Ten Important Questions to Ask Your Home Inspector." Hud.gov, 2010. http://www.hud.gov/offices/hsg/sfh/insp/inspfaq.cfm

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