Richards Real Estate

AGENCY

Q. I have a listing that has expired, but a buyer that came around when the listing was active has now expressed interest in buying. I want to make sure I don’t have any obligation to my Realtor. V.S. Rio Vista A. At the listing initiation, Agency (who represents you) is defined on the listing […]

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MORE MONEY

Q. When I accept an offer, especially one lower than asking, how do I know if I have left money on the table? G.S. Rio Vista A.What a horrid thought, leaving money you could have negotiated to be yours! When you list your home, your Realtor should come up with a value “range” that you […]

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Home Futures

  Q. Homes were selling briskly last spring and summer, seems things have slowed down. What’s the forecast for spring sales? P.A. Rio Vista A. It looks to be cloudy with a chance of discounts! As prices have eeked up along with interest rates, entry level buyers are being squeezed out of the home buying […]

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Boating Season

Q. I am very excited to be buying a home in the Delta that has water access and a boat dock, even though I felt the price was too high for what the home had to offer. Why do waterfront homes maintain such high prices? G.L. Isleton A.The first of several reasons is desire to […]

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Good Faith

Q. I made an offer contingent on selling my home. I have no offers yet, but the seller on the one I want to buy has signed my offer and we have agreed on the price. Escrow has been opened, but I can’t cover the $5k good faith deposit just yet. My Realtor is putting […]

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CREDIT CONFIDENCE

Q. During the course of negotiations on my purchase I presented a list of repairs I wanted done, the seller responded with a credit of cash at close to cover the repairs. The Title Company officer, on receipt of the repair demands and credit, said we should re-write it as a credit to buyer closing […]

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TENANT OR NOT?

Q. I made an offer to purchase a home, and negotiated an early move in. Now my loan has failed, and I cannot buy. I know I must now move, but I have never received a 30 day notice. I’ve been here 60 days, and I’ll need time to move. Name Withheld A. Moving in […]

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FICO Scores

July 12, 2017 Real Estate Q & A Q. I am self-employed and own (me and the Bank) the building I operate out of. My payments are on time every month and I have no other debt. When I wanted to re-finance my commercial building, even with payments on time, the Bank said my credit […]

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Fix or Sell

July 5, 2017 Real Estate Q & A Q. Before I list my home for sale, I’m wondering if I update the kitchen, put in new carpet, and rebuild a 24’x24’ deck, if it will raise the price of my home? What about weedy landscaping? L.R. Rio Vista A. This has been preached by Realtors over […]

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Getting It Right

Q. My wife and I are divorcing, and she has gone off title on our home as part of the settlement. Now, however, I am selling the home, and she wants back on title so she can transfer her tax base to a new purchase. Does she need to be on title to accomplish this? […]

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