San Francisco Real Estate - Janice Lee

  Purchasing a home can be one of the biggest decisions individuals make in their life. Before deciding whether you want to own a home, check your finances and see if you can afford to buy one. It’s important to see if the benefits outweigh the cost. Even if you can afford to buy a home, doesn’t mean you should. Are you emotionally ready for the commitment, unpredictable issues and responsibilities? Measuring the advantages vs disadvantages of both home ownership or renting can steer you to making the best suited decision for your lifestyle.   Purchasing a home can be a lengthy process. See my blog on  Steps in buying a home .   Don’t make any regretful decisions and learn more on the pros and cons of renting vs. owning.     Owning a Home It is most people’s ultimate goal and biggest accomplishment in life when it comes to purchasing a home. It’s the American dream. Deciding to purchase a home doesn’t happen overnight. You must decide if you are m...

  Deciding to list your home off-market means you do not market it publicly for the general market but for a limited audience, such as through word of mouth or networking. When realtors submit the listing on MLS, it gets synced to Zillow, Realtor.com, etc., for thousands of people seeing your listing. Consider the pros and cons when selling off-market. Let’s explore popular reasons people would sell off-market and in the open market.   The time spent preparing to list the home From making renovations and repairs, hiring staging and photography, and then marketing the property to ensure it gets sold quickly for the best price, listing a home can be an extensive process. Plus, you’ll need to show the home to prospective buyers for an open house.   Potential of becoming a stale listing when listed in the market When realtors and buyers see that a listing has been on the market for a long time, generally for about a month, they would think there is something wrong with the li...

  Title insurance protects buyers from any issues, such as damages or financial losses of a property. If the previous owners make false claims, this can save you from damages. Title companies ensure that the seller can legally relinquish the property to you. Discuss with your lender what needs to be addressed to ensure that the property will become yours. The title insurance will cover any losses that might occur depending on the loss.   Possible examples of defects that Title Insurance can cover: Forgeries and Fraud Lawsuits, Unpaid taxes, and liens Undisclosed information Mistakes in documents Illegal records Recorded unpaid liens   What does the title insurance Cover? Owner’s Title Insurance Owner’s title insurance covers buyers from any claims before the purchase of the property. Some common risks are: Lawsuits Fraud and forgery Undisclosed agreements that cause the property to be of lesser value Mistakes in disclosures and documents   Lender’s Title Insurance Bo...