2924 Anawood Way- Spring Valley | SOLD- Listed by Rachel Zazzera2924 Anawood Way in Spring Valley SOLD with multiple offers by Rachel Zazzera. The sales price is $310,000.
2924 Anawood Way in Spring Valley was listed by Rachel Zazzera of Berkshire Hathaway Homeservices. For more information, please contact Rachel Zazzera at 619.828.3225 or rachelzazzera@gmail.com. DRE#01925193
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3450 Beagle Court- Claremont | In Escrow - Listed by Rachel Zazzera3450 Beagle Court is a cute 3 bedroom/2 bathroom Clairemont home on a quiet street! Features new landscaping in the front, granite counters and stainless steel appliances in the kitchen, fresh paint throughout, remodeled bathrooms, central A/C and a water filtration system. Enjoy an expansive yard, perfect to add a pool, playstucture, spa, etc. Has a 2-car garage with new garage door system. 3450 Beagle Court is a great neighborhood, minutes to the 163 and 805 freeways, Mesa college and Kearny High School. 3450 Beagle Court had multiple offers and went into escrow after 5 short days!
3450 Beagle Court is listed by Rachel Zazzera of Berkshire Hathaway Homeservices. For more information, please contact Rachel Zazzera at 619.828.3225 or rachelzazzera@gmail.com. DRE#01925193 The Perfect Neighborhood- Rachel ZazzeraThere are many ideas of what makes up the perfect home and perfect neighborhood. There is no right or wrong answer but there are definitely tradeoffs that need to be made based on your desired living situation.
62% of millennials and 55% of the silent generation (those born 1925 - 1945) would rather live in an area that is walkable and an area that offers a shorter commute to work. This means they are willing to give up living in a detached single-family home or maybe even continue to rent. They essentially pay more for the location versus the size of the home. 55% of gen x-ers and baby boomers have more desire to live in a larger home, take a longer commute and do not mind driving to amenities. These neighborhoods tend to be quieter and lined with predominantly homes rather than businesses. Having children makes the biggest difference as to whether or not a family chooses to live in a walkable community versus a more suburban living. 60% of people with school-age children prefer a large home (most likely detached single-family) with a yard. In general, 53% of people would prefer to live in areas where the homes have smaller yards but are in walkable areas. Overall, if you choose to live in a walkable neighborhood, plan on having little to no yard, and a smaller home. If you choose to live away from businesses and a neighborhood that is not walkable, you can choose to have a larger home and yard. Top 5 Reasons For Not Closing Escrow On Time- Rachel ZazzeraNo real estate transaction is perfect and no matter how smoothly you think the process may go, there is usually some kind of hick-up along the way. Many of the problems will be out of your control, but almost always, there is a way to make everything right.
Here is a list of the top 5 common problems when it comes to closing the deal: 1. Financing- It is always important to get pre-approved when getting ready to shop for a home. This is important to for many reasons but mainly to see what you can afford and to show sellers that you are a serious/ready buyer. With a pre-approval, the lender collects a lot of information about you to obtain the amount you can afford. Some of these items include W-2's or any other income for the past 2 years, copy of bank statements, etc. Even after collecting all of this information, once you get into an escrow, there are other things that come up that the lender asks for. The lender receives a copy of the contract that you submit to the seller, and based off of the contract, the lender may need additional information or have issues with what is written in the contract. Most of the time, the issues related to financing occur at a point while you are in escrow and not during the initial pre-approval process. 2. Appraisal- Another part of the financing issue specifically deals with the appraisal value. When taking a loan on a home, the lender will always require an appraiser to inspect the home and give their opinion on the value. In a market like we are experiencing today, buyers are continually placing bids on homes that are extremely over the asking price and in some cases, over the homes value. When appraisals come in lower than what the agreed purchase price is on the home, lenders will not lend the full purchase price. The lender will only lend up to the appraised value. It will be up to the buyers to come up with the difference in appraisal value and offered purchase price. This is normally very difficult to do, because this amount is on top of the amount of money the buyer is already putting down (i.e. 20%, 10%, etc). 3. Home Inspection- A home inspector checks the entirety of a home at the surface level and gives a general idea of any issues that they may find. This meaning, a home inspector is not an expert on all things that a home is made of. Example, if the home inspector thinks the roof of a home is slightly aged, he/she will state in the report that a roof contractor will need to give their own opinion. Once the home is checked out and the buyers are ready to submit their "request for repairs", it is difficult to come to an agreement between buyer and seller as to what the sellers will fix and/or give credit for. 4. Title- In California, a title report is always requested and should be investigated by all parties to the transaction. The title report shows if there are any liens on a home, who actually has ownership of the home, any easements on a property, etc, etc. A buyer will want to make sure the title report comes out clean (all liens paid off, the actual owner signing off on the purchase agreement) prior to taking ownership of the home. 5. Contingencies- There is a count down of days for buyers to perform their due diligence to see if they actually want to proceed with purchasing a home. Contingencies include but are not limited to: inspection, appraisal and loan. All contingencies need to be removed prior to closing escrow. If buyers fail to remove any one contingency, it can hold up the close. Buyers would normally remove contingencies after certain expectations are met (i.e. the buyer performs all inspections, the appraisal comes back at the purchase price, and the loan clears with no conditions). If you have been shopping for a new home, chances are, the only time you are free to look at homes is outside of regular business hours. Check-out the tips below to avoid buying a home that you will regret. Things To Think About When Buying A Home - Rachel Zazzera1. Nighttime Atmosphere:
- How is the parking situation? - Are their street lights present? - Do you feel comfortable walking in front of your home alone? 2. The Commute: - Are you driving in the direction of traffic? - What is your travel time to and from work? 3. Homeowners Association Rules: - Are you allowed to have short term rentals? - Can you have a BBQ on your patio? - Where can you park your car? - What hours is your fitness center open? - Is water included in your HOA fees? - Many, many more questions to review in your HOA documents 4. Specialty Inspections: Home inspectors give you a general/surface level inspection of the home. If the inspector note's something that is not correct, they will have you see a specialist for more information. Some common specialty inspections include: - Pool - Heating and Air Conditioning - Roof - Slab/Foundation - Septic Tank - Solar Panels - and many, many more! Make sure to do all of your homework prior to buying your new home. Wouldn't it be nice if potential buyers were able to spend a night in their future home before actually purchasing it? This is how much research you really need to do prior to signing off all of your contingencies. Make sure you observe a potential new home in the morning, at night, on the weekend and if possible, on a holiday. |
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