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    Montecito / Sonoma / Carmel Pricing

    Do these have driveways? Are these "real" SFRs? I learnt that "real" SFRs for $700K with driveways are difficult to find in Irvine. I said "real" because - many new home sales staff project their projects as single family homes (not Single Family Residences), what they really mean is Condo...
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    The Kitchen Island

    Thanks IHO. Well, our cooktop is not on island - but on the kitchen itself. The wall that I was referring was the wall between kitchen and great/living room. Given this scenario, will it change your suggestion. I have read many reviews where folks do not like downdraft vent, that vent pulls...
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    The Kitchen Island

    We are closing in 2 days, but found that cooktop has downdraft vent - one of those final walkthrough surprises. The cooktop is old and with all of 3 (vent, knobs and vent switch) in between 2 lanes. The vent in the middle is connected to downdraft that is connected to pipe and it goes below...
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    Appraisal Report Value

    Thanks IR. I got confirmation from agent in SMS, that he is comfortable and will take care of asked repairs! I have removed contingency, but specified in that form that "buyer agent to fix all the repairs that are not addressed by seller" - that way its in written form.
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    Appraisal Report Value

    Home inspector could be any one, but I have chosen among the CREIA certified list. I have done 2 home inspections with this guy and he seemed to know what he was doing. Repairs will be done after closing by my (buyer) agent, atleast thats the promise. These are minor repairs (estimated at...
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    Appraisal Report Value

    Gentleman, I have 2 questions : Repairs - Sellers agreed to do 3 items (out of 12) and my agent mentioned he will get handyman get the estimates for the rest of them and "if it is not too much", he can get them done but only "after" closing. Is it normal? Should I remove contingencies? Final...
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    I'm Glad I Bought.

    traceimage, We were in the same boat, but we are now buying in TustinRanch. It is in escrow closing in a week. As we both agree, as long as you are living in a affordable house and making memories - it does not really matter which house in which street is priced at how much. In my humble...
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    Appraisal Report Value

    Thanks IR and IHO. I have sent top#3 items (A/C, Garage door hinge and chimney sweep - may cost ~$400) for seller, which is being reviewed. I am requesting my agent to consider next 5 items that are critical for safety (that may cost ~$800). For repairs, it is both money and fear-of-unknown...
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    Appraisal Report Value

    sgip, compelling response! Lender is not asking for repairs to be done. These are minor repairs, but safety hazards. I do think appraisal process needs to be straightened for all parties be confident in real estate transaction. It needs to be done in a black-box way. IHO, Its a 3CWG SFR in...
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    Appraisal Report Value

    Well, seller is paying for 1 year home warranty (costs $360) per contract. My RE agent's opinion (in repair request situation) was to take what seller responded to. But since we are in escrow for 2 weeks, most parties involved assume that it is done deal unless loan (where we are good) falls...
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    Appraisal Report Value

    Per contract, seller is not bound to do any repairs. However in an equity sale (such as our transaction), seller typically does do some repairs. In this case, they are just installing smoke detectors and leaving everything as is with out warranty. My (buyer) real estate agent says this is...
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    Appraisal Report Value

    bearman81, True! As a buyer, I would rather have my repair request handled than appraised at more than purchase price (which is not giving me anything right now!). For now, I have prioritized top 3 repair request items and pushed back to seller to get those done, at the least. Oh yeah, my agent...
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    Appraisal Report Value

    Thanks USCTrojanCPA... Warm toasty feeling is good! However, since appraisal came just in time of repair request, seller is saying  "purchase price includes all repairs". Repairs are probably $1500 worth, but since I am first time home buyer - I would be better off if they had accepted the...
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    Appraisal Report Value

    We are in escrow for Tustin Ranch property for which appraisal report value came in 25K higher than purchase price. Can you gurus tell me what this means?
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