Answers by Keith Jean Pierre

Mattie, feel free to reach out and I can look into your case. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Lee, speak with a real estate attorney or the planning department to see what your options are. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Meredith, this is no formula that is conventionally used that correlates with days on the market. This is heavily dependent on the comps. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Spencer, this is market dependent. There are some markets in the United States that have seen over 100% appreciation so you have to research your market thoroughly. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Preston, typically the home is supposed to be vacant for a final walkthrough unless otherwise previously agreed. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Paul, probably not screwed yet, but 12 days is tight enough that you should treat the estoppel as a today problem. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Anna, each agent has their own processes. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Sondra, I am going to gather that the price is not in line with the market if this is the timeframe. Furthermore, being on the market that long has now made your listing stale resulting in further complications. A fresh rebrand is going to be necessary which would include new photos, a new market evaluation that will lead to a price adjustment and relaunch. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Josh, there is a high likelihood if there are roof issues that it will come up on the buyers home inspection report and require it to be addressed at that time. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Jake, I am sorry but I do not understand your question here. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Mark, depends on location of the branches typically. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Jamie, this law is state dependent. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Bethany, how does the home look? Remember, you want to present your home in the best light possible, so if you notice something, chances are that your potential buyers will as well. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Nathan, what does your listing agreement state? Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Corey, no estimate is going to be guaranteed without reviewing your credit report. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Travis, just something to keep in mind: rent is money you don't build equity with. If you decide to rent for a while, I'd try to keep your monthly costs as low as possible so it doesn't reduce your ability to buy later. One thing I've seen happen is that people sell with the intention of renting for a year or two, but they get comfortable, time flies, and suddenly it's been three or four years. By then, home prices may have gone up, making it harder to get back into the market than if they'd stayed put or bought sooner. Best of luck with your decision! Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Niesha, the amount of time you need to wait to qualify for a mortgage after bankruptcy depends on the type of bankruptcy you filed and the loan program you choose. In general, borrowers who filed Chapter 7 bankruptcy may qualify for an FHA/VA loan after about two years from the discharge date, while conventional loans typically require a minimum four-year waiting period. For Chapter 13 bankruptcy, some loan programs may allow you to qualify after you've made at least 12 months of on-time plan payments, while conventional loans often require about two years after completing the repayment plan. In addition to meeting the waiting period, lenders will evaluate your overall financial profile, which is just as crucial. Good luck with your situation. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Grant, this heavily depends on what your contract language says and any subsequent Attorney Letter (if applicable) that revised the contract. If it is a standard as-is purchase with no inspection contingency, I would imagine you do not have cause to terminate, but this is definitely something to speak with a real estate attorney regarding. Good luck! Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Renee, typically a cash investor will be purchasing at a discount so the choice is yours. There is a price for the convenience, often up to 30% off market value. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Blair, the most convenient option would be to sell the property as is and take the proceeds as well as the insurance settlement and move on to your next chapter. Best of luck with your decision. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Cindy, additional information would be necessary to further assist, such as location and budget details, as well as credit and income information. Best of luck! Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Derek, I would imagine your buyers agency agreement would outline your terms. If you want to break it, you would need to most likely speak to your agents broker. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

George, given your situation, I would imagine that a bidding war will be the better avenue given your short term tenancy. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Richard, speak with a real estate attorney regarding your options. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Richard, this is a good question for a real estate attorney. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Miguel, no that would not be illegal. Any further concerns, I would suggest you speak with a real estate attorney. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Sammy, rent to own is very rare and typically only available when the economy is suffering or there is a significant challenge with selling a property. Rent to own has many more risks for the seller and as a result they tend to stay away. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Natalie, this sounds like a situation where you should speak to a real estate attorney. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Noel,, offering timing benefits (rent back to the seller, closing date accommodations), removing contingencies, and larger earnest money deposits are a good start. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Valid bank statement within the last 30 days and/or proof of funds letter from their financial institution/advisor. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Kai, yes as otherwise if comes off as deceitful. Additionally, most states require disclosure. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Zofia, first determine if you want to lose the deal over what you say are small issues. Most would say no, Secondly, as the seller, a credit is always the better option. Doing repairs can open pandora box, especially if you have a difficult buyer that is hard to satisfy. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Carlos, yes, we call this a U&O. Just keep in mind, it is not guaranteed that the buyer has to accept. These are usually done at contract signing to prevent possible rejection from the buyer. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Marilyn, what are you asking? Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Ron, it doesn't "need" to have an additional bathroom, there is a buyer for everything. Yes, resale is better with 2+ bathrooms on that size home, but it is not necessary. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Tom, speaking with a real estate attorney will get you squared away, but typically full transparency is a good rule to follow. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Grace, from the mortgage side, one thing I’d add is that Lafayette and the Lamorinda market often behave differently than the broader East Bay because the buyer profile and financing mix tend to be unique. While higher interest rates certainly affect affordability, that impact isn’t uniform across every market. In communities with strong equity positions, larger down payments, and higher-income buyers, rate sensitivity often looks different than it does in areas where buyers are purchasing closer to their maximum monthly budget. Historically, Lamorinda has also been more insulated than Oakland and many of the lower-priced East Bay markets because buyers tend to be less sensitive to interest rates. Many buyers purchasing $1.5 million-plus homes in Lafayette are bringing substantial equity from a previous home sale or have significant financial assets, which gives them more flexibility when rates change. That said, pricing has become much more important than it was in 2021 and 2022. Buyers are paying close attention to both value AND monthly payment, and overpriced homes are sitting on the market noticeably longer than they did just a few years ago. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Nina, this is no "one-stop" shop that exists, but Zillow has market-share; and if we learned anything in the last 5-10 years of our economy, market share is everything. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Devon, you do not "need" an attorney, but it would be highly suggested as this is well outside your purview. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Miguel, additional deposits are different. Many Florida contracts include provisions allowing the developer to withdraw amounts above the initial protected deposit to fund construction. If your contract contains that language, those funds may no longer be sitting untouched in escrow; they may be financing the project itself. Now this does not automatically make the purchase unsafe, but it does change your risk profile. If the project is delayed, encounters financial problems, or fails altogether, recovering money that has already been released can become much more complicated than simply getting an escrow refund. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Cassie, this is a safe number to use. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Jessica, this all depends on the program you are looking to apply for and said programs rules. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Regina, what information are you trying to obtain? Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Shannon, typically on a listing agreement you have a Listing Commission section and a Buyers Commission section. If the buyers agency commission is filled out and you signed the listing agreement, you would be responsible for the commission. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Robert, getting a HELOC is going to be hard in the deadline. Typically what people do is sell first and then do a rentback of the home or small rental and then search. Given how aggressive the market is now, these are really your only two solid options without paying out the nose for the funds. As they say, anything that sounds too good to be true, tends to be. For only $15,000, there is a lot of risk being assumed by the lender and I can guarantee there is a catch. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Short sale is going to be the play if your financial situation significantly changed. If not, then you would be responsible for the difference. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

You can use the agent directory on this website to get you started. Once you find an agent you like, you can message them and then discuss your situation in greater detail. Good luck! Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Stella, 24 to 72 hours to respond to a real estate offer, though they are not legally bound to reply unless an expiration date is written into the purchase agreement. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Paul, there is no one size fits all answer to this question, it is dependent on your specific situation. I will say though if you are north of 20 homes, there most likely is an issue on your end that you should address. Typically, it is expectations within a price point. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Olga, drive bys and spending some time there during all times of hour which give you a very good depiction. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

Brad, it is not "typical" but certainly worth a conversation. Worst thing the seller can do is say no. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States