David Answers Your Bay Area Real Estate Questions

A CMA evaluates similar properties in your area to determine a competitive price for your home. David will prepare a detailed CMA and explain how it influences your home's pricing strategy.

Open houses are scheduled events where potential buyers can tour your home without an appointment, increasing exposure. David will organize and promote open houses to attract more buyers.

It’s usually best to leave during showings to allow potential buyers to feel comfortable and envision themselves in the space. David will handle all showings and provide feedback from potential buyers.

Common costs include agent commissions, closing fees, staging, inspections, photography, videography, high quality marketing materials, and any repairs needed to make your home market-ready. David will provide a detailed breakdown of these costs and help you manage them effectively.

The timeline can vary, but David's marketing strategies aim to sell your home as quickly as possible, often within as fast as 7 - 60 days. He will keep you informed throughout the process.

Key steps include decluttering, making necessary repairs, staging, and improving curb appeal. David will provide personalized advice and connect you with professional services to enhance your home's appeal.

David provides a comprehensive market analysis to evaluate your home's value based on recent sales and current market trends. He will work with you to set a competitive price that attracts buyers.

It may be challenging, but options are available. Improving your credit score or exploring special loan programs can help. David can connect you with financial advisors to explore your options.

A contingency is a condition that must be met for the transaction to proceed, such as a home inspection or financing approval. David will help you navigate contingencies to protect your interests.

Upon offer acceptance, the process can take anywhere from 7 to 30 days, depending on the market, financing, and contingencies. David will work diligently to ensure a smooth and timely transaction.

Yes, negotiation is a common part of the home-buying process. David will use his expertise to help you make a competitive offer and negotiate the best possible terms.

Earnest money is a deposit made to demonstrate your commitment to buying a property. It is typically held in escrow until closing and a standard practice in the Bay Area to put your deposit into escrow within one business day. David will explain this process and ensure your funds are handled securely.

Key areas include the foundation, roof, plumbing, electrical systems, and any signs of water damage or structural issues. David will recommend trusted inspectors and help you understand the inspection report.

Begin by determining your budget, getting pre-approved for a mortgage, and contacting David to discuss your needs and preferences. He will help you create a tailored plan to find your dream home.

An escrow account holds funds during the transaction, such as earnest money, and ensures all conditions of the sale are met before the funds are released. David will oversee the escrow process to ensure everything goes smoothly.

Yes, refinancing can lower your interest rate, reduce monthly payments, or change the loan term. David can connect you with trusted lenders to explore your options and guide you through the process.

PMI is insurance that protects the lender if you default on your loan, usually required if your down payment is less than 20%. David will explain how PMI works and how to avoid or minimize it.

Down payments typically range from 3% to 20% of the home’s purchase price, depending on the loan type and your financial situation. You can always put more than 20% down. David will help you find loan programs that match your financial goals.

Common types include fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and USDA loans. David will help you understand your options and choose the best one for your needs.

A mortgage pre-approval is a lender’s estimate of how much you can borrow based on your financial situation, which strengthens your buying position. David will connect you with trusted lenders to get pre-approved.