Real Estate Advice

What is an ADU in real estate terms?

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“Great location, huge lot, perfect for ADU!” Have you seen or heard this term thrown around lately? An ADU in real estate terms is an Accessory Dwelling Unit. The surge in ADU popularity is due to the Bay Area housing shortage. These “granny flats” are nothing new, but in areas with tight housing inventory, they’ve […]

Real Estate Advice

What Buyers Should Know about Appraisals

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There are so many things to learn and understand when it comes to a real estate transaction. To understand how the appraisal process works and how an appraiser determines a home’s value you can always consult an experienced REALTOR, but it’s also a good idea to have your own understanding of the process. After all, […]

Real Estate Advice

New Year, New Homes: A Homebuyer’s Guide

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Like much of the country, the East Bay is plagued with a short supply of housing. The National Association of Realtors reported recently that inventory for pre-owned properties is down 10.4% from last year nationally. But demand and price is not predicted to decrease, Javier Vivas, director of Economic Research for Realtor.com forecasts home prices […]

Real Estate Advice

5 quick tips for buying a home this fall

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1. Line up your financing. This one applies year-round!  While interest rates will probably keep creeping up, it’s still relatively cheap to borrow.  Getting pre-approved is great, getting pre-underwritten is even better!  A great Realtor will have a list of lenders, tested and proven to close financing. 2. Be clear with yourself on what matters […]