Susan Coleman | San Rafael Real Estate, Novato Real Estate, San Anselmo Real Estate



This listing recently sold for $1,450,000.

191 Oak, San Rafael, CA 94901  

Residential
$1,399,000
Price
$1,450,000
Sale Price
3
Bedrooms
3
Baths
Water enthusiasts, bring your kayak & paddleboard! Bay access from your own private beach (approx 65'). Sunny, extensively renovated vintage-style home on the waterfront w/ 180+ degree bay views from all main rms. Chef's kitchen w/ granite & SS. 2 Master Suites in main house; 3rd Master Suite is conveniently detached for flexibility and privacy. Lg finished bonus rm & laundry. Wood flrs. Efficient 101 commute w/ time left for a sunset paddle.


Ready to purchase your dream home? Before you finalize a home purchase, it may be worthwhile to schedule a home appraisal.

With a home appraisal, a property expert will examine a residence both inside and out. The home appraiser then will offer a property valuation.

In some instances, a home offer may be appraisal-contingent. And if the home appraisal valuation falls below the amount of a buyer's offer, the buyer may request a renegotiated price.

A home appraisal may prove to be an important part of the homebuying process. As such, it is paramount for homebuyers to understand what an appraisal is all about and determine whether to conduct an appraisal.

To better understand home appraisals, let's take a look at three home appraisal facts that every homebuyer needs to consider.

1. An appraiser's valuation is his or her opinion of what a residence is worth.

Typically, a home appraiser will use a broad assortment of housing market data as part of a home assessment. The appraiser also will look closely at a residence as part of the home evaluation process.

Although a home appraisal is based on housing market data and a home assessment, it is essential to note that a home valuation is an appraiser's opinion. Therefore, two home appraisers may examine the same housing market data and the same house and come up with two different home valuations.

2. The homes in a neighborhood may affect the valuation of a residence.

Believe it or not, a home's value may be impacted by those around it. Thus, if you intend to buy a home, it often pays to evaluate the neighborhood to better understand whether a house's value will decline, stay the same or increase over time.

Furthermore, what you spend to improve a house is unlikely to raise a house's value proportionately. And if you spend $20,000 on home improvements, there are no guarantees that these home improvements will add $20,000 to a home's valuation.

3. A home appraisal and a home inspection are two very different things.

A home inspection often is considered a must-have during the homebuying process, and perhaps it is easy to understand why.

During a home inspection, a property expert will ensure there are no structural issues with a home and identify any problem areas. Then, a homebuyer can move forward with a home purchase, rescind a home offer or submit a counter proposal based on a home inspection report.

On the other hand, a home appraisal enables a property expert to evaluate the house in its current state. A home appraiser will compare and contrast a home in relation to others in the area and offer a valuation.

If you need help determining whether to conduct a home appraisal, a real estate agent is happy to assist you. With a real estate agent at your side, you can determine whether to set up a home appraisal prior to finalizing a home purchase.


 


And I don’t mean just the weather! The main real estate metrics continue to point to a slowdown (not a meltdown) in our market. After 7 years, we shouldn’t be surprised. And mortgage rates are up, property tax deductibility is down (capped at $10K/year) and buyers are exhausted. Look for perfect homes in great locations to still attract substantial interest and even multiple offers. 


Thinking of selling in the next couple of years, maybe to downsize, move into a single level home or move closer to family? It could be substantially more profitable for you to sell sooner. Let’s talk it through! If you’re hoping to buy, you’ll find more choice, at better prices, and available on the market for a longer period of time. Have you noticed, many Listing Agents aren’t even setting “offer dates” these days? Wow. 


The market may be changing, but my commitment to you remains the same: candid, truthful and professional real estate advice and services. Always!


After you buy a house, it may be only a few weeks before your closing date arrives. At this point, you and the home seller will finalize your transaction. And if everything goes according to plan, you'll own a new home.

Getting to closing day, however, sometimes can be difficult. Lucky for you, we're here to help ensure you can enjoy a quick, seamless home closing.

Now, let's take a look at three steps to close on a home.

1. Complete Your Mortgage Application

A mortgage is a must-have for a homebuyer to close on a residence. Fortunately, it often can be simple to obtain a mortgage that matches or exceeds your expectations.

Consult with several local banks and credit unions. By doing so, you can learn about all of your mortgage options and select a mortgage that corresponds to your finances.

After you complete a mortgage application, a bank or credit union can provide you with mortgage options. Then, you can make an informed decision about which mortgage suits you perfectly.

2. Perform a Home Inspection and Appraisal

A home inspection is paramount, as this assessment will enable you to identify any underlying home problems and address them before closing day arrives.

During a home inspection, a property expert will assess your residence both inside and out. This expert also will provide an inspection report that details his or her findings.

Review the results of a home inspection report closely – you'll be glad you did. If you assess a home inspection report, you can review a home inspector's findings and determine whether you still want to purchase a house.

If you accept the inspection results and decide to move forward with a home purchase, an appraisal may follow.

Like a home inspection, an appraisal requires a property expert to visit your home. This expert will evaluate your home's interior and exterior, as well as comparable houses in your city or town. Following a home appraisal, you will receive a property valuation.

Oftentimes, a property valuation may match or exceed the price that you intend to pay for a house. If it does not, there may be instances in which you can still walk away from a home sale or ask the seller to lower a house's asking price.

3. Buy Home Insurance

Home insurance safeguards your residence and personal belongings against loss, damage or destruction. As such, it is essential to purchase home insurance before you close on a house. Because with home insurance in place, you'll be good to go to protect your house and personal belongings against myriad disasters.

The closing process can be long and complicated. But if you work with a real estate agent, you can receive plenty of support leading up to closing day. In fact, this housing market professional is happy to provide tips to ensure you can streamline the closing process.

Get ready for closing day – follow the aforementioned steps, and you can speed up the process of acquiring your dream house.


9 Harvard, Larkspur, CA 94939  

Residential
$1,749,000
Price
4
Bedrooms
3
Baths
Immaculately maintained 4 BD/3 BA w/ ample living space including sizeable upper 1 BD/1BA in-law apt w/ refreshment area & great room w/ vaulted ceilings & tree-top views. Main level is single level and features an inviting living room (w/ fplc), eat-in kitchen, family room, bedrooms, & yard access. Ideal for entertaining or R&R. Wood flrs under carpet. Enjoy a dip in the pool or dinner on the deck. ~1 mile from downtown Larkspur per Google