Real Estate

Video: How to Find a Quality Real Estate Agent

Posted on October 10, 2018 by James Florence

LOS ALTOS — Host, Sarah Rutan: When it comes to buying a home, a quality real estate agent can make all the difference in securing a successful outcome. Today we’re in Los Altos with Diamond Certified Expert Contributor Howard Bloom of Intero Real Estate to learn what to look for.

Diamond Certified Expert Contributor, Howard Bloom: So, you want to buy a home. Well, hopefully I’m going to be able to give you some insight into some important things to consider when you’re looking to purchase. The number one most important decision is choosing the right agent to represent you. You want an agent who is highly experienced, who knows the ins and outs of your neighborhood that you’re looking. Read more

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Choosing a Quality Real Estate Agent

Posted on September 27, 2018 by James Florence

LOS ALTOS — If you’re looking to buy a home, one of the first things you should do is choose an agent to represent you. However, just any agent won’t do—to ensure a successful outcome, you’ll need to choose a quality one. To guide you in your choice, consider these attributes of a quality agent:

Reputability

A quality agent’s reputation will speak for itself. Perform an online search for agents who work in your area and look at their reviews. Focus on agents with four- or five-star reviews, and read the reviews in detail. Look for consistent patterns in what their clients say about them. Additionally, see if the agent has affiliations with consumer resources and agencies like the Diamond Certified Resource. Read more

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The Importance of a Pre-Purchase Soils Report

Posted on March 30, 2018 by James Florence

ALAMEDA — When buying a home in the Berkeley Hills, one important step is having a soils report performed by a geotechnical engineer. Why? Because if the home needs foundation work, you’ll need to know what type of soil it’s sitting on.

I’ve seen many instances in this area where foundation repairs were improperly engineered because no one had performed a soils report. This can lead to dire consequences—in fact, a foundation repair that’s incorrectly performed can result in a worse situation than what the home was previously in. For example, drilling a pier in the side of a hill that’s composed of landslide material can encourage a landslide to occur. Likewise, drilling a pier in the wrong kind of soil material can drag the house down rather than stabilize it. Read more

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Video: Real Estate Sewer Inspections

Posted on March 30, 2018 by James Florence

SAN FRANCISCO — Host, Sarah Rutan: When ordering inspections for a prospective home purchase, don’t neglect the importance of a sewer inspection. Today we’re in San Francisco with Diamond Certified Expert Contributor Jonathan Millington of Ace Plumbing and Rooter to learn more.

Diamond Certified Expert Contributor, Jonathan Millington: Often I will see that people will have purchased homes, and they will have a home inspection. They will inspect the roof, the structure, the foundation, but oftentimes they will not have the sewer inspected by way of video inspection.

I highly recommend video inspection when purchasing a home to show you the quality of the sewer line and warn you of any upcoming expenses. Read more

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The Importance of Sewer Inspections in Real Estate

Posted on March 27, 2018 by James Florence

SAN FRANCISCO — Before purchasing a home, buyers typically have a number of inspections performed to ensure the property’s integrity. A few common areas of inspection include the roof, the structure and the foundation. However, there’s one area of the home where inspection is equally crucial yet often overlooked: the sewer system.

Most people know how important the sewer system is to a home’s functionality, which is reason enough to have it inspected before purchasing. What’s more, sewer line problems can be expensive to fix, with major repair projects often falling into the $5,000 to $10,000 range. Considering the potential expense, it’s certainly worth paying a couple hundred dollars to verify the sewer system’s condition before you buy. Read more

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How to Buy Additional Time for a 1031 Exchange

Posted on March 23, 2018 by James Florence

VALLEJO — If you’re planning to upgrade from one investment property to another, you’ll naturally want to retain as much of your original profit as possible. The problem is capital gains taxes can really put a dent in your bottom line. Fortunately, there’s a way to sidestep this issue: a 1031 exchange. This government-sanctioned tax loophole allows you to roll the profits from your original (“downleg”) property into your subsequent (“upleg”) property so you don’t lose money on the transaction.

However, 1031 exchanges come with a lot of rules, some of which can be anxiety-inducing—particularly the limited timeframe you’re given to complete your transaction. Once your downleg property has sold, you have a mere 45 days to find your upleg property and six months to close on it. Read more

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Video: Purchasing an Older Home

Posted on January 02, 2018 by James Florence

NAPA — Host, Sarah Rutan: If you’re thinking about buying an older home, you’ll want to look at a few key aspects before making an offer. Today we’re in Napa with Diamond Certified Expert Contributor Voldi Chandler of Chandler Construction to learn more.

Diamond Certified Expert Contributor, Voldi Chandler: Here’s a couple things to consider before purchasing an older home. First, you want to check and make sure that it has a quality roof on it. A bad roof can lead to lots of other issues that could be unforeseen. The other thing is you want to check and make sure you have a solid foundation. That, obviously, is what your whole house sits on. Read more

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