Real estate blog entries tagged with buyer by Terry Osburn, Broker Associate (Alain Pinel Realtors)

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buyer: FHA Spot Approval Extended-What this means for the buyer... - 11/11/09 10:36 AM

FHA has extended the spot approval til 2/1/10 and spot approvals will be eliminated 2/1/10.
Apparently they will allow currently approved condo projects to be valid for 2 years from 2/1/10.
New approvals are expected to take 8-12 weeks.
Eligible condo projects are considered to be: new construction, existing projects, or … (0 comments)

buyer: Writing multiple offers on various homes at same time in this market.... - 03/25/09 03:22 PM

Specific to California.......I have been approached by buyers as well as several colleagues of mine about writing multiple offers at once on various properties and see which ones win.........
In California, if a buyer writes up a mulitple offers and those offers are accepted by the various sellers that buyer is technically responsible … (0 comments)

buyer: Writing offers on short sales....... - 10/19/08 12:14 PM

Is a short sale listing worth the time and effort? YES ,if it is a home that has the particulars of your wants and needs and is located in areas in which you wish to live.
Do they all close successfully? No, BUT we are seeing more and more of them … (0 comments)

buyer: Buyers Guide to Purchasing Foreclosures...... - 10/19/08 11:54 AM

One of the biggest boo boo's a buyer makes in presenting offer on bank owned properties is not doing their research ahead of time and not writing a clean offer.
The bank owned properties generally speaking have at least 2 if not 3 appraisals and BPO's(Broker Price Opinions) before deciding on … (0 comments)

buyer: One Inspection many Buyers overlook! - 06/14/08 10:25 AM

Scoping the sewer system on the older homes. Now, there are certain cities that require the lateral sewer to be replaced before the home closes escrow.
Most cities do not require. Many of the older neighborhoods are seeing deterioration of the sewer systems.
Cost to replace can be several thousand dollars. … (0 comments)

buyer: What to Consider When Purchasing a Home... - 01/12/08 11:38 PM

Each person has their own tastes and wants but there are some basic fundamentals to consider when searching for a home.
First of all, are you a first time home buyer? Do you plan on staying in the home at least 5 yrs? Do you have the cash to perform upgrades and … (0 comments)

buyer: Buyers sitting on the fence... - 11/06/07 11:17 AM

We have heard from many agents Buyers are waiting until after the first of the year to make their purchase.
They are trying to time their purchase when the market is at the bottom. This could backfire greatly.
When the market bottoms out , Buyers will lose some clout. You will not have … (7 comments)

buyer: Glen Cove Beauty at a great price! - 10/30/07 11:25 AM

I have a 4 bedroom/3 bath home at 293 Foulkstone way in Vallejo in the Glen Cove area. A great commute location. A wonderfully kept and staged home. Has distressed maple hardwood floors, cast stone fireplace, recently installed stamped concrete patio and landscaped back yard area. Approx 1900+ sq ft. This … (6 comments)

buyer: Is purchasing a home really a good investment? Especially now... - 09/14/07 03:55 PM

You have to ask yourself a few questions:
1- Can you afford the mortgage payments?
2-Can you place money aside for future improvements or repairs?
3-Are you planning on living in the home for at least 5 Yrs?
4-Have you checked with your CPA or tax person to see exactly how much you would save … (2 comments)

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