Anna Garaway - Coastwoods Real Estate

02/01/2023

07/26/2022

The possibilities of this home! I've already daydreamed what I would. Eve better is the price has been reduced.

Want to take a tour? Call me and I'll share my dreams for the space.

Price Reduction.

Three months ago price reductions were rare.

Homes were priced deliberately low to generate interest and create bidding wars.

Since the Fed rate-raising spree began in March, this strategy has changed.

With less qualified buyers in the market now, homes are being priced where they are expected to sell and are even selling under asking in certain cases.

Do not assume that a house is going to go over asking.

While it’s not a buyers market yet, list prices now have more wiggle room.

Sellers may be pricing high with an expectation of some buyer negotiation.

Buyers: Make offers!

When you see a price reduction it typically means that seller is open to negotiation.

Interested in seeing this property?

Call a your agent.

In the market for an agent?

Coastwoods Agents are standing by to share their market expertise with you.

Gretchen 831-234-1233
Guy 831-588-5430
Anna 831-588-1120
Laura 415-302-6808

Anna Garaway - Coastwoods Real Estate
Guy Giuffre, Realtor
CoastWoods Real Estate

07/26/2022

What fun when Seller's and Buyer's get to meet with their agents. It's a rare treat!

Roadblocks Averted and Sale Closed

What started out as an offer accepted, a lovely dining room table meet-up and group photo with buyers, sellers, and agents…turned into a worrisome couple of weeks getting educated about the not-so great aspects of the “solar lease”.

The house came with a solar system! Yippee!!

Sellers thought it was great.

Only:

- You don’t own it.

- You don’t own the power it produces.

- You are locked into an escalating contract with a Solar company that has a one-star rating across the board.

Thankfully our buyers were diligent, did their research, and communicated what they needed in order to move forward. The sellers did not take it personally, were understanding, and agreed to the buyer’s requests for a credit to help buy out the solar lease.

Buyers, in turn, agreed to a one-week free rent-back for the sellers.

Done deal.

Want to see the art of communication and win-win negotiation in action?

Hire a Coastwoods agent:

Gretchen: 831_234_1233
Guy: 831_588_5430
Anna: 831_588_7211
Laura: 415_302_6808

Anna Garaway - Coastwoods Real Estate
Guy Giuffre, Realtor
CoastWoods Real Estate
Side Real Estate

07/26/2022

This adorable downtown home, just went "pending" on the MLS.

What's the differnece between "contingent and "pending"... read below

Day 10 of our 30 day escrow and the happy buyers have submitted their Full Contingency Release!

This home is now marked “pending” versus “contingent” on the MLS.

A full contingency release signals that the buyer is ready to move forward and close on the purchase. Non-contingent offers, which have been the norm, start out with 100% committed buyers.

As loan qualifications tighten, and we move into a more balanced market, we should see contingent offers make a come-back.

Contingencies can include a physical investigation of the property, an appraisal, loan approval, the sale of another property, or even a “can my RV make it up and down the drive-way” contingency.

So what do we do for the next 20 days?

- Loan is finalized
- Staging is removed
- Money is wired
- Loads of papers are signed
- Sale is recorded
- Keys are handed over
- Buyer and Seller breathe a sigh of relief
- Celebrations

Simple, right?
�At Coastwoods we like to keep it simple. But not any simpler than it is.

Want to deep dive into the home buying and selling process? Have questions?

Call your favorite Coastwoods agent today:

Gretchen: 831-234-233
Guy: 831-588-5430
Anna: 831-588-1120
Laura: 415-302-6808

Anna Garaway - Coastwoods Real Estate
Guy Giuffre, Realtor
CoastWoods Real Estate
Side Real Estate
House Candy Home

05/23/2022

S C R E A M I N G D E A L A L E R T ! ! !
2205 S Rodeo Gulch

04/06/2022

Want to live in a State Park with magical redwoods and open fields?

04/06/2022

One of my favorite things to do is to jump on the cruisers from the office and tour homes...or go surf 😉

04/05/2022

So excited for these lucky clients!