Tuesday, September 30, 2014
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

A bevy of questions from a prospective first-time homebuyer

By
From page C3 | September 01, 2012 |

Q: I’m a low-income earner, about $4,300 gross monthly together with my wife. We have two children, 8 and 9 years old.  We want advice on how best to go about buying a house. How do you find the best lender? How do you know a good house? Is it the newer ones built in the 1990s or the old ones built in the 1950s? How do you make an offer? Above the listed price or below?

I understand right now there are more buyers than sellers. Is it true the prices are higher now and might go down later in the year once more houses are released by the banks into the market? Do I go for short sale or bank owned or even the government-owned houses? Or even an  auction? How do you tell a good agent?

Please could you address this and any other pertinent issue.

A: That’s a lot of questions, with no one-size-fits-all answer to many of them. But I can give you the absolute best answer to each of them by answering only one of your questions.

In many ways, buying a home today is far different than, say, six years ago. In others there’s no difference at all.

So let me tell you how to get all of your questions answered in a way that is tailored to your particular situation.

First and foremost, you need a Realtor to guide you through the process. Period.

Look, I get no commission by telling you to get a Realtor. It’s just a fact. You neither have the time, experience and particularly expertise to buy a home without a Realtor guiding you through the process.

I’ve been a real estate attorney for a long time and I assure you, I wouldn’t buy a home without having a Realtor represent me.

Besides, since your Realtor gets their commission out of the sales proceeds, all of that professional work and experience comes to you absolutely free.

So let’s talk about your most important question; how to choose a Realtor.

Not all Realtors are the same. In fact, I’ve never found any two of them to be the same. Even though they may work for a large real estate firm, the truth is they are all independent business people. Nowadays, the busy ones are working double-overtime to make a living. That makes each of them entrepreneurs who construct their professional practice in a manner as unique as each of them is personally.

Sure, there are those with more expertise than others, but that’s not the only difference.

Two equally proficient Realtors can approach their very complicated job from two very different angles.

Some are better at nurturing and hand-holding. And believe me, that’s a great thing for many, many buyers and sellers. Buying or selling a home can be an absolutely frustrating and exhausting experience.

Others are less nurturing and more down to business. Many people feel more comfortable with this type of agent.

Some Realtors are high energy, others aren’t. Many are in constant communication with you, others only bother you when something needs to be discussed.

And of course, there is an unlimited number of shades of gray between any extremes.

So how do you pick a good Realtor for you?

My advice is to take a two-step process.

First, ask friends, neighbors, co-workers, relatives — anybody — and ask if they’ve had a good or bad experience with a Realtor. Good personal references are absolutely the best way to find anything; be it a Realtor, lawyer, doctor or local restaurant.

Then interview two or three of the Realtors people have referred you to.

During the interview, ask your questions. All of them. Get a feel for the different answers given by the different Realtors.

By the time you’ve talked to three Realtors, you’re likely to get a sense of who you’re most comfortable with. Who matches your personality, seems to understand your concerns and mostly instills the most confidence in you.

Then go from there.

Short sale verses foreclosure, Lender A verses Lender B, old home verses new home, and especially current market conditions are all within the expertise of your Realtor. Your questions are then most appropriately answered by your chosen Realtor as he or she guides you through the process.

So the very best advice I can give you is to start working on finding the perfect Realtor for you, then utilize all of their knowledge and skills in finding the perfect home for you.

Tim Jones is a real estate attorney in Fairfield. If you have any real estate questions you would like answered in this column you can contact him at SolanoScene@TJones-Law.com.

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

Solano News

Fairfield police log: Sept. 28, 2014

By Glen Faison | From Page: A12, 1 Comment

 
Fairfield police log: Sept. 27, 2014

By Glen Faison | From Page: A12, 1 Comment

Solano focuses on rail safety

By Barry Eberling | From Page:

 
Suisun City police log: Sept. 28, 2014

By Glen Faison | From Page: A12

Suisun City police log: Sept. 27, 2014

By Glen Faison | From Page: A12

 
Police search for missing man

By Glen Faison | From Page: A5 | Gallery

 
 
Measure A committee plans weekend precinct walk

By Susan Winlow | From Page: A5

Voters who have moved urged to check registration

By Barry Eberling | From Page: A5

 
Caltrans cancels nighttime Highway 37 closures

By Barry Eberling | From Page: A5

 
.

US / World

5 more bodies found at Japan volcano; toll now 36

By The Associated Press | From Page: | Gallery

 
Group: Wildlife populations down drastically

By The Associated Press | From Page:

45 dogs dead, 48 alive after North Las Vegas fire

By The Associated Press | From Page:

 
Police link 2nd case to missing Va. student arrest

By The Associated Press | From Page:

Netanyahu: Hamas, Islamic State group share creed

By The Associated Press | From Page: | Gallery

 
Cancer doctor given 10 years for poisoning lover

By The Associated Press | From Page: | Gallery

Afghan president sworn in, paving way for US pact

By The Associated Press | From Page:

 
Police ease tactics in Hong Kong protest standoff

By The Associated Press | From Page:

Study: Recessions can postpone motherhood forever

By The Associated Press | From Page: | Gallery

 
White House intruder got far past front door

By The Associated Press | From Page: , 1 Comment

Obama efforts to oust Assad pushed to back burner

By The Associated Press | From Page:

 
Islamic State closes in on Kurdish area of Syria

By The Associated Press | From Page:

Sacramento police seek suspect in dog’s drowning

By The Associated Press | From Page:

 
Shooing birds from Bay Bridge could cost millions

By The Associated Press | From Page:

Governor signs bills to help those in foster care

By The Associated Press | From Page:

 
Mountain View police ID gas victims as father, son

By The Associated Press | From Page:

.

Opinion

Editorial cartoons for Sept. 30, 2014

By Daily Republic Syndicated Content | From Page:

 
 
.

Living

Today in History: Sept. 30, 2014

By The Associated Press | From Page:

 
I’m unhappy with Phil and playing ‘happy family.’ What should I do?

By Kathy Mitchell and Marcy Sugar | From Page:

Community Calendar: Sept. 30, 2014

By Susan Hiland | From Page:

 
Horoscopes: Sept. 30, 2014

By Holiday Mathis | From Page: B7

.

Entertainment

Amanda Bynes arrested for DUI in Los Angeles

By The Associated Press | From Page: , 2 Comments | Gallery

 
They did. They do. Clooney/Alamuddin wedding No. 2

By The Associated Press | From Page: | Gallery

Football commands highest TV ad prices

By The Associated Press | From Page: | Gallery

 
TVGrid Sept 30

By Daily Republic Syndicated Content | From Page: B8

 
.

Sports

Developer asks for more time for LA football plan

By The Associated Press | From Page:

 
Monday’s sports transactions

By The Associated Press | From Page:

 
Raiders fire coach Dennis Allen

By The Associated Press | From Page:

Prep boys soccer: VCS still looking for 1st win of season

By Daily Republic staff | From Page:

 
Charles sends Chiefs to 41-14 rout of Patriots

By The Associated Press | From Page:

Clippers return focus to team post-Sterling

By The Associated Press | From Page:

 
Giants have ample experience facing elimination

By The Associated Press | From Page:

Dover installs catch fence for 2015 NASCAR season

By The Associated Press | From Page:

 
Warriors happy to have core back, build on success

By The Associated Press | From Page: | Gallery

All-women sports show debuts with perfect timing

By The Associated Press | From Page:

 
Autopsy shows Chiefs LB Belcher had CTE damage

By The Associated Press | From Page:

AJ Hinch hired to manage Astros

By The Associated Press | From Page: | Gallery

 
Phil Mickelson saves best shot for his captain

By The Associated Press | From Page:

MLB batting average lowest since 1972 – before DH

By The Associated Press | From Page:

 
Wild, wild SEC West set for historic day

By The Associated Press | From Page:

Kershaw 1st to lead majors in ERA 4 straight years

By The Associated Press | From Page:

 
AP source: 7 umpires rotate at World Series

By The Associated Press | From Page:

Pagenaud joins Penske for 2015 IndyCar season

By The Associated Press | From Page:

 
Texas’ Strong tells Goodell colleges can do better

By The Associated Press | From Page:

Hornets await NBA investigation into Taylor

By The Associated Press | From Page:

 
Trout, Strasburg giving playoffs a fresh look

By The Associated Press | From Page:

 
NC State coach: No. 1 Florida State faked injuries

By The Associated Press | From Page:

A’s Lester, Royals’ Shields in AL wild-card focus

By The Associated Press | From Page:

 
Raiders’ season spinning out of control

By The Associated Press | From Page: | Gallery

Harbaugh dismisses reports of 49ers discord

By The Associated Press | From Page: | Gallery

 
3-way race for NL MVP; Trout takes his turn in AL

By The Associated Press | From Page:

Stewart never considered retiring after Ward death

By The Associated Press | From Page: | Gallery

 
Twins fire manager Ron Gardenhire after 13 seasons

By The Associated Press | From Page:

.

Business

Bank of America paying $7.65M to resolve inquiry

By The Associated Press | From Page:

 
Microsoft to offer early look at next Windows

By The Associated Press | From Page: | Gallery

US stocks head lower, following drops overseas

By The Associated Press | From Page:

 
US consumer spending up 0.5 percent in August

By The Associated Press | From Page: | Gallery

ATM fees keep climbing, survey says

By The Associated Press | From Page:

 
.

Obituaries

.

Comics

Beetle Bailey Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Garfield Sept 30

By Daily Republic Syndicated Content | From Page: B6

For Better or Worse Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
B.C. Sept 30

By Daily Republic Syndicated Content | From Page: B6

Wizard of Id Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Sudoku Sept 30

By Daily Republic Syndicated Content | From Page: B7

Dilbert Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Crossword Sept 30

By Daily Republic Syndicated Content | From Page: B7

Baby Blues Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Baldo Sept 30

By Daily Republic Syndicated Content | From Page: B6

Peanuts Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Sally Forth Sept 30

By Daily Republic Syndicated Content | From Page: B6

Cryptoquote Sept 30

By Daily Republic Syndicated Content | From Page: B7

 
Frank and Ernest Sept 30

By Daily Republic Syndicated Content | From Page: B6

Pickles Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Blondie Sept 30

By Daily Republic Syndicated Content | From Page: B6

Zits Sept 30

By Daily Republic Syndicated Content | From Page: B6

 
Get Fuzzy Sept 30

By Daily Republic Syndicated Content | From Page: B6

Bridge Sept 30

By Daily Republic Syndicated Content | From Page: B7

 
Rose is Rose Sept 30

By Daily Republic Syndicated Content | From Page: B6

Word Sleuth Sept 30

By Daily Republic Syndicated Content | From Page: B7

 
.

Discover Solano Fall/Winter 2014

Discover Solano Fall 2014: Sonoma County

By Jess Sullivan | From Page: DIS2

Discover Solano Fall 2014: Winters

By Barry Eberling | From Page: DIS3

Discover Solano Fall 2014: Historic Downtown Winters

By Susan Hiland | From Page: DIS3

Discover Solano Fall 2014: Napa County

By Barry Eberling | From Page: DIS20

Discover Solano Fall 2014: Yolo County

By Jess Sullivan | From Page: DIS23

Discover Solano Fall 2014: Western Railway Museum

By Susan Hiland | From Page: DIS23

Discover Solano Fall 2014: Benicia

By Barry Eberling | From Page: DIS29

Discover Solano Fall 2014: Benicia Plein Air Gallery

By Susan Hiland | From Page: DIS31

Discover Solano Fall 2014: Downtown Benicia

By Susan Hiland | From Page: DIS31

Discover Solano Fall 2014: Benicia Fire Museum

By Susan Hiland | From Page: DIS31

Discover Solano Fall 2014: Benicia Marina

By Susan Hiland | From Page: DIS32

Discover Solano Fall 2014: Dixon

By Barry Eberling | From Page: DIS33

Discover Solano Fall 2014: Fairfield

By Ryan McCarthy | From Page: DIS35

Discover Solano Fall 2014: Jelly Belly Candy Co.

By Susan Hiland | From Page: DIS36

Discover Solano Fall 2014: Solano Town Center

By Susan Hiland | From Page: DIS36

Discover Solano Fall 2014: Fairfield Aquatics Complex

By Susan Hiland | From Page: DIS37

Discover Solano Fall 2014: Anheuser-Busch Brewery Tours

By Susan Hiland | From Page: DIS37

Discover Solano Fall 2014: Suisun Valley

By Barry Eberling | From Page: DIS39

Discover Solano Fall 2014: Glashoff’s Studio

By Susan Hiland | From Page: DIS40

Discover Solano Fall 2014: Manka’s Corner

By Susan Hiland | From Page: DIS41

Discover Solano Fall 2014: Wine Tasting

By Susan Hiland | From Page: DIS41

Discover Solano Fall 2014: Rio Vista

By Susan Winlow | From Page: DIS42

Discover Solano Fall 2014: Foster’s Bighorn Bar

By Susan Hiland | From Page: DIS43

Discover Solano Fall 2014: Suisun City

By Amy Maginnis-Honey | From Page: DIS45

Discover Solano Fall 2014: Rush Ranch

By Susan Hiland | From Page: DIS46

Discover Solano Fall 2014: The Suisun Wildlife Center

By Susan Hiland | From Page: DIS46

Discover Solano Fall 2014: Grizzly Island

By Susan Hiland | From Page: DIS46

Discover Solano Fall 2014: Vacaville Museum

By Susan Hiland | From Page: DIS47

Discover Solano Fall 2014: Downtown Vacaville

By Susan Hiland | From Page: DIS47

Discover Solano Fall 2014: Vacaville Premium Outlets

By Susan Hiland | From Page: DIS48

Discover Solano Fall 2014: Vacaville

By Susan Winlow | From Page: DIS49

Discover Solano Fall 2014: Nut Tree Plaza

By Susan Hiland | From Page: DIS50

Discover Solano Fall 2014: Vallejo

By Barry Eberling | From Page: DIS52

Discover Solano Fall 2014: Mare Island Museum

By Susan Hiland | From Page: DIS53

Discover Solano Fall 2014: Children’s Wonderland

By Susan Hiland | From Page: DIS53

Discover Solano Fall 2014: Vallejo Symphony

By Susan Hiland | From Page: DIS53

Discover Solano Fall 2014: Six Flags Discovery Kingdom

By Susan Hiland | From Page: DIS54

Discover Solano Fall 2014: Flyway Festival

By Susan Hiland | From Page: DIS54

Discover Solano Fall 2014: Bay Area Ridge Trail

By Susan Hiland | From Page: DIS54

Discover Solano Fall 2014: Vallejo Baylink Ferry

By Susan Hiland | From Page: DIS54

Discover Solano Fall 2014: Empress Theatre

By Susan Hiland | From Page: DIS54

Discover Solano Fall 2014: Solano County

By Barry Eberling | From Page: DIS55

Discover Solano Fall 2014: Solano County Golf Courses

By Susan Hiland | From Page: DIS56

Discover Solano Fall-Winter 2014 Calendar

By Glen Faison | From Page: DIS57

Discover Solano Fall 2014: The Petrified Forest

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Winters Opera House

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Sterling Winery

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Safari West

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: UC Davis Mondavi Center

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Calistoga Hot Springs

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Bale Grist Mill

By Susan Hiland | From Page: DIS59

Discover Solano Fall 2014: Scientopia Discovery Center

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Old Faithful Geyser

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: The Sonoma Raceway

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Hot Air Ballooning

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Robert Louis Stevenson Park

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Sonoma Train Town

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Vintage Aircraft Company

By Susan Hiland | From Page: DIS60

Discover Solano Fall 2014: Casinos

By Susan Hiland | From Page: DIS60