Reason No. 5: Financing
Two or three years ago, financing was almost never a reason a deal did not come together in Marin County real estate. Lenders were doing 100% financing all over the place, adjustable rate mortgages were getting people into great homes, and everything seemed to work.
Fast forward to 2007. There’s carnage in […]
Reason No. 4: Easements
An easement is the right to do something or prevent something over the real property of another. At this point we could get into a discussion involving arcane terms like “apppurtenant” and “domininant tenement”, but I’m trying to keep this simple.
Easements that I’ve seen cause problems usually involve the rights of […]
Reason No. 3 : Pest Inspections
Always get a pest inspection, no ifs, ands, or buts. If you’re going to spend serious six figures on a property in Marin County, spend the extra $400 or so on a pest inspection also.
Homes in Marin County tend to be older, and the climate seems to foster a […]
Reason No. 2: Foundations
I was holding a listing open once on a multi unit building in Larkspur. A gentleman and his wife walked up the steps, and rather than coming into the house, immediately walked into the basement. They emerged about 10 minutes later. The first thing he said to me was, “There’s only […]
Not every real estate deal goes through, even in Marin County. Occasionally, a transaction is cancelled, for various reasons.
The main reason the standard contract allows 17 days to inspect a home is to protect the buyer. It’s called the discovery phase, or due diligence period. Call it whatever you want, but use it wisely, […]
