What are Closing Costs in California?

What are Closing Costs in California?

Closing costs are fees paid through escrow for the transfer of real property.  Closing costs can include lender fees, escrow fees, title fees, title insurance, property taxes, agent commissions, recording fees, and more.  Many buyers and sellers are surprised at how expensive closing costs can be in some cases, and unfortunately, California has some of the highest closing costs in the country.  Find out how to estimate your closing costs when buying or selling a home in California.   Who Pays For What? Like most aspects of the California purchase agreement, delegation of closing costs is negotiable, however, there may...Read more
What is a Comparative Market Analysis (CMA)?

What is a Comparative Market Analysis (CMA)?

A comparative market analysis, or “comp,” is used by California real estate professionals to determine the value of a particular property.  The value of a home will vary between different cities and even within more localized markets within the city.  For instance, a 2-bedroom 1-bathroom home in San Francisco will be priced much higher than an identical home in a suburb such as Hemet.  Furthermore, a beachfront property in San Diego will cost more than a similar property further inland. A real estate agent or licensed appraiser will compare the property characteristics and condition of your property to similar properties...Read more
How to Sell a Home in California

How to Sell a Home in California

Learn how to sell your home in the California real estate market: There are many reasons you may need or want to sell your home: relocation for a new job, upgrading or downgrading home size, financial reasons, inheriting an unwanted property and more.  Read below to find an overview of the steps it will take to sell your home in California to prepare you for the process ahead.   STEP 1: Assess Your Needs Clearly define and prioritize the reasons for selling your home.  While the “best possible sale price” might be at the top of the list for many people, other...Read more
How to Buy a Home in California

How to Buy a Home in California

Learn about the home buying process in California: Buying a house for the first time can seem scary.  For many people, it is the largest investment they will ever make.  It is important as a homebuyer to be well informed and understand all of your options.  Fortunately, California Real Estate law along with licensed real estate professionals are in place to protect you and your investment and give you all the information you need to make a well informed decision.   STEP 1: Assess Your Needs Just as every property is unique, every buyer’s situation and priorities are unique.  Spend...Read more