When purchasing a home, one of the most important steps is the home inspection. It’s critical to work with a good home inspector that will help you better understand about the structural, safety and even cosmetic issues with the house. Home inspectors don’t inspect everything and sometimes other inspections and inspectors are warranted. Home inspectors generally don’t inspect for wood destroying pests (termites), mold, and a good home inspector will often advise you to have addtional inspections or estimates from contractors, plumbers, roofers, etc. A good realtor will help guide you through the inspection process and help you find a great Redondo Beach home inspector.
Home staging is an important part of the preparation process when selling a house. Whether fully staging the home using a professional stager, or simply de-cluttering and adding something to the owners current furniture, staging can make the difference between a home selling quickly and sitting on the market. Here are a few pointers to help prepare your Redondo Beach home for sale. If you have given any thought to selling your home in Torrance or the South Bay, we can help. Contact us for information on how we sell homes or find the value of your home in Redondo Beach CA.
By Keith Kyle
In the past two months I’ve had three contingent offers accepted. Not only were the offers accepted but my clients homes were not even on the market yet. I spent much of 2017 submitting contingent offers for these clients only to be rejected time and time again. Often times we were competing against 15-20 other offers and some were all cash….we didn’t have a chance.
So is that changing?
It may just be timing, luck or the right situation, but sellers seem to be considering contingent offers in the current Redondo Beach real estate market. It’s key to submit a VERY strong offer in regards to price and terms, but sellers may be realizing that the buyer’s homes will likely sell fairly quickly.
For those that don’t know what a contingent offer is…..there are many situations in which a home buyer needs to sell their home to have enough money for the down payment and to qualify for the loan. When you submit an offer that requires the buyer to sell their home to make it work…that’s a contingent offer. It adds a whole additional level of uncertainty to the sellers of the home being purchased. No longer is their just a home inspection, appraisal and loan on their house……but likely a home inspection, appraisal, and loan on the buyers sale as well. The uncertainty is the reason most sellers won’t consider it unless it’s the only option.
In a sellers market with multiple offers and high demand, getting a contingent offer accepted is a long shot at best, but maybe the recent wave of acceptances is a sign that things are changing slightly.