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The Marin and Sonoma Real Estate markets are always changing. I have the skills and experience to stay in tune with each of the market trends and current inventory. My knowledge of the many different towns and neighborhoods, something that only a life-long resident could know, is just one on the many advantages of working with me.
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Steve Ragghi…'s Questions (2)
Steve Ragghi…'s Answers (25)
Steve Ragghianti answered:
The answer to this question depends on if the buyer was given sufficient and very recent reports and disclosures. If not, the buyer doubtfully will be able to schedule and perform all inspections within 72 hours. It is well within your right to counter the buyers to remove all contingencies that quickly. However, if I were the buyer's agent and we had not received all the disclosures and inspection reports, I would advise my clients to counter back for more time. - Mon Jul 7 2008, 23:17
Steve Ragghianti answered:
Dave's correct in stating 1.25%. However, to be more specific, all homes pay a "basic" tax of 1% of the assessed value. For example, if you bought your house for $100,000, the basic tax for the first year (not including supplemental taxes) would be $1,000. Then depending on your town or city, there will be additional bonds, assessments or taxes. The average, or rule of thumb, is .25%. With time, properties appreciate in value. Prop 13 limits the tax collectors from increasing your "assessed" value more than 2% a year.
You may be reading about homeowners who bought at the peak of the market applying to have their home "re-assessed" to lower their tax bill.
Best,
Steve - Fri Jun 27 2008, 22:54
Steve Ragghianti answered:
Here in California, simply using the C.A.R. purchase agreement stipulates that both parties will agree to mediation. The buyer has a choice of choosing arbitration and both parties must agree to this or agree to not agree. I always advise my clients that if you want to impress the seller and get the house agree to what they agree to insofar as arbitration is concerned, and remember, mediation is non-binding and arbitration is binding. - Thu Mar 27 2008, 20:55
Steve Ragghianti answered:
No. It is whatever the bank decides in some circumstances. When this occurs, the agents should split what commission is given 50/50. - Sat Mar 22 2008, 22:31
No. It is whatever the bank decides in some circumstances. When this occurs, the agents should split what commission is given 50/50. - Sat Mar 22 2008, 22:30
Steve Ragghianti answered:
What do the comps say? This, along with the knowledge of the reports on the property will give you a good idea as to the the fair market value. - Sat Mar 22 2008, 22:11
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