Can the Seller Ever Back Out of a Contract?
Tuesday, 29 October 2013
Question: “It seems like the buyer has all the rights to get out of a contract. Can the seller back out if he gets a better offer or for some other reason?” Answer: Here’s the idea: The buyer is coming into many unknowns when buying a home, including: The physical condition of the home Whether
- Published in Q&A - Home Selling Questions
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How Much Do Remodels Increase Your San Diego Home Value?
Tuesday, 22 October 2013
Question: “We redid our baths a couple of years ago and now we’re considering remodeling our kitchen. We plan to sell the house in 2015 when I retire. How much will a kitchen remodel increase our home value?” Answer: Someone asked me the same question TODAY. The answer: it depends. It depends on: How much
- Published in Q&A - Home Selling Questions
Deal with Unfixable Home Items Before Selling
Tuesday, 15 October 2013
Question: “I have an old in-ground jacuzzi that’s beyond repair. I’m going to put my home on the market and prefer not to deal with it. What do you advise?” Answer: You’re going to have to deal with it one way or another. If you don’t remove it, your prospective buyer will expect it to
- Published in Q&A - Home Selling Questions
Why You Want a “For Sale” Sign for Your San Diego Home
Tuesday, 08 October 2013
Question: “Do I really need a sign? I don’t want my neighbors to know or call attention to my house so it’s burglarized…” Answer: Your neighbors WILL know your home is for sale. How? Well, it might be when they see professionally dressed (well, this is San Diego, so not always so professionally dressed) men
- Published in Q&A - Home Selling Questions
Price Per Square Foot Won’t Determine Your Home Addition Profit
Tuesday, 01 October 2013
Question: “I can add onto my house for $200 per square foot and houses in my neighborhood are selling for about $400 per square foot. Why shouldn’t I just keep on adding onto my house until I hit the maximum the city will allow? If I can pay $200 and receive $400, I’ll do that
- Published in Q&A - Home Selling Questions
Will You Have to Pay Tax When Selling Your San Diego Home?
Tuesday, 24 September 2013
Question: “Hi Gary: My friend bought a home a year ago. He’s getting ready to refinance it so he can get money to pay off other debts. After he refinances he’s going to sell and get another place. I told him he’d have to pay taxes because he’s had it less than 2 years. But
- Published in Q&A - Home Selling Questions
Don’t Base Your San Diego Home Price on One Comp
Tuesday, 17 September 2013
Question: “There’s a house that’s the same as mine around the block that just sold for $500,000. So assuming I get that price and…” Answer: OK, I know haven’t asked me a question yet. But I’m going to pretend you asked if you should be able to get the same price that an identical home
- Published in Q&A - Home Selling Questions
How Long to Wait Before Dropping Your San Diego Home Price
Tuesday, 10 September 2013
Question: “When we put our home on the market, how long should we wait before dropping the price if it’s not selling?” Answer: Smart question. Too many people get stubbornly attached to their asking price and ignore the reality of feedback from the market. To answer your question, let’s assume three things: Your home is
- Published in Q&A - Home Selling Questions, Real Estate Tips
Can a Neighbor Run a Business From His Driveway?
Tuesday, 03 September 2013
Question: “Hi Gary. I want to sell my home, but I’m afraid that my neighbor is dragging down my home value because he runs some kind of appliance repair shop out of his garage. He always has several washers and dryers in his driveway. Is all that even legal?” Answer: These are the zoning rules
- Published in Q&A - Home Selling Questions