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Is There Demand for Fixer-Upper San Diego Homes?

Wednesday, 26 November 2014 by Gary Kent
Question: “My brother and I inherited a rental house that has been very neglected and is in horrible condition. Can we even sell it?” Answer: Definitely. There’s still good demand for fixer upper homes. Most people buying are “flippers” who fix and resell for profit. Others are just regular potential homeowners looking for a less
ask gary kentfix and flipreal estate market trendssan diego home selling
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Do Termite Inspections Cover Fungus?

Tuesday, 25 November 2014 by Gary Kent
Question: “I saw a house that has a lot of fungus damage to the wood. Does a termite inspection cover that?” Answer: Yes. While it’s often called a “termite inspection”, the correct term is “pest control inspection,” which covers anything that can decay or eat the wood. And that includes fungus.
ask gary kenthome inspectionsan diego home buying
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Should You Cosign a Loan on a San Diego Home?

Thursday, 20 November 2014 by Gary Kent
Question: “My son asked me to cosign on a loan so he can buy his first home. Is there any risk to me doing that?” Answer: Cosigning on a loan makes you as liable as the person you’re cosigning for. So if your son is late on his mortgage, his and YOUR credit will be
ask gary kenthome loansan diego home financing
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Why Do Homes Sell Over Market Value?

Wednesday, 19 November 2014 by Gary Kent
Question: “I used to be an agent and I remember once in awhile seeing a home sell at a price that was clearly over market value. I never could figure out why that happened. Can you hazard a guess?” Answer: I’d love to. There are few reasons homes very occasionally sell at a price clearly
ask gary kentsan diego home buyingsan diego home selling
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Does a Cracked Driveway Mean Settlement Problems?

Tuesday, 18 November 2014 by Gary Kent
Question: “I saw a house that I liked, but the driveway has a lot of cracks in it. Does that mean that the house has settlement problems?” Answer: Maybe. Maybe not. Driveway slabs are almost always poured at a different time than the house slab. And they typically aren’t as thick, aren’t reinforced with metal
ask gary kenthome inspectionsan diego home buying
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Should You Sell Your Rental to Your Tenant?

Thursday, 13 November 2014 by Gary Kent
Question: “Hi Gary. I want to sell my rental and my tenant is interested in buying. Can you handle that for me?” Answer: Yes, I’d be happy to. But first, excuse me if I’m a Negative Nancy or, if you’re a Saturday Night Live fan, Debbie Downer. In my 30 years selling homes for clients,
ask gary kentsan diego real estate investmentsan diego rentalstenants
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Should You Wait Till Summer to Sell Your San Diego Home?

Wednesday, 12 November 2014 by Gary Kent
Question: “Do you think it’s a good idea to wait to sell until next summer when prices are up?” Answer: You’re making a BIG assumption that prices will be up next summer. How do you know this? Do you have a time machine?  Is it because everyone says – incorrectly – that summer is
ask gary kentreal estate market trendssan diegosan diego home selling
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How Many Homes to See Before Buying

Tuesday, 11 November 2014 by Gary Kent
Question: “My wife and I are first time homebuyers. How many homes do you think we should see before we decide on one to buy?” Answer: Once you start seriously looking for a home, I’ve found most people physically walk through about ten (not counting open houses) before they choose the one they want to
ask gary kentsan diego home buying
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5 Reasons to Invest in Real Estate Over Stocks

Thursday, 06 November 2014 by Gary Kent
Question: “I think I know what you’re going to say, but do you recommend investing in stocks or real estate?” Answer: Not being a stock expert, you don’t really want me advising you about stocks. But I can share with you 5 advantages that real estate has over stocks: 1. You can personally impact the
ask gary kentsan diego real estate investment
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How Long After Selling Can You Buy Another Home & Avoid Taxes?

Wednesday, 05 November 2014 by Gary Kent
Question: “I’d like to avoid paying taxes on the profit from my home. How long do I have after I sell my home to buy another one?” Answer: Well my friend, you’re either 1) behind the times or 2) confusing the rules for your principal residence with those for investment property: Until 1997, you had
1031 exchangeask gary kenthome sales taxsan diego home selling
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