For those of us living in South Livermore, we already know what more and more people are beginning to find out. Some of the most beautiful neighborhoods available in the Bay Area today can be seen nestled among the hills and vineyards.
Tucked between wineries, historical sites, quiet biking and walking trails are some truly amazing sites to see. An early morning walk down Arroyo and Wetmore Roads will fill your ears with nature sounds, and your eyes with the beauty of Sycamore Park. As you stroll along these areas you may have an occasional visit from one of the local wild animals. They don't have a history of bothering humans too much so it's best to continue on and enjoy your walk.
As you explore Livermore, each of the area neighborhoods' charm can be gleamed from it's own unique entrance statue. As you pass through these neighborhoods you will see why others are talking about our town. This uniquely gorgeous area is now being matched by the thriving heart of its downtown. After a very deliberate and extensive effort to revitalize the downtown into the cultural center is have become, we now have a town and infrastructure that matches it's surrounding beauty.
"Should I be offering list price on homes that come on the market?" Great question!! My client asked me this and another question today. If you are a frustrated Livermore area buyer read on for the answer.
" What a buyer offers should always depend on the situation. If a home is on the market awhile you can offer lower. If it is new to the market, you need to offer nearer or at list price. Any new home that is priced right will attract attention in this market and may receive multiple offers. Just this week I have had clients competing against multiple offers. For homes that are new to the market it is not wise to being offering lower than list price in most situations. If you offer a seller what they want for a reasonably priced home, the faster you get the offer in, the best shot you have at getting a home without having to compete. When you make an offer for less than full price you leave valuable time open for others to come in while the seller gives you a counter offer. Most buyers who are frustrated at having their homebuyer experience take too long are guilty of offering too low for homes unless they are just not writing offers."
You mentioned waiting to get financing in order. I would recommend doing it now. From application to desk top underwriting approval, which is what you want, takes about 1 week. If you find the home you love and can't get a pre-approval letter in time, you are going to miss out on the home and be disappointed. My job is make sure that does not happen. This is the first step to the home buying process and should really be done before physically shopping for a home. The actual approval letter and your preferred budget, will help me to help you narrow down your search.
Whether investing in stocks, bonds, or real estate, you need to learn about what you are buying. Even before that, you need to set some realistic goals about what it is you are trying to accomplish. Zig Ziggler once wrote " If you aim at nothing you can hit it with amazing accuracy! " Are you looking for cash flow or equity build-up? Who are you going to trust to help you figure these questions out? Start with a local expert.
How do you know know when you've found an expert? Start by asking them how many houses they have sold in the area over the last year. Then you might ask how long they have been selling real estate in general. If you are not satisfied with the answers you get, then find someone who has the level of knowledge you want.
Where should you buy? Location, location, location. Your expert will help you find the location that will bring the best value for the money. One of the most important reasons to use a local expert is because you make money in Livermore real estate WHEN YOU BUY, not when you sell. If you buy in at a discount, you are golden.
A newbie investor will be farther along moving toward successful investing in Livermore homes when they begin to understand the difference between speculating and investing. Go to the library, pick out a few real estate investment books, read them, and then surround yourself with folks that can help you start your Livermore investing journey.