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David Tapper

I just bought a home, when do I get the keys?

Transfering Of The Keys: House & Home & Real Estate

The keys should be delivered to the buyer once the title is transferred and recorded at the county office. Many times the buyers lender funds the loan, but there is not transfer of keys until the transfer of the deed is recorded.

A lot of times buyers ask to get the keys early (prior to the close of escrow), so they can move their furniture in.

Agents and brokers frown upon this because of liability issues. The buyer’s home owners insurance does not take effect until the title on the home has been recorded.

If an accident happened while the buyer or his friends/family were moving items in the house, the sellers and their insurance would be held liable.

If the listing agent gives the keys to the buyer’s agent prior to the closing, the buyer’s agent has a fiduciary obligation to hold the keys until the escrow closes. Failure to do so could result in fines or disciplinary action to the buyer’s agent.

David “Tap” Tapper

David Tapper

Map of the Baywood Neighborhood!

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Here is a map of the Baywood Neighborhood located in San Mateo, CA.


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* This is a rough sketch of the area and should be confirmed by a professional.

Mac McCarthy

Well what do you think they would take? How motivated are they to sell?

These are common questions I hear at open houses or from calls off my signs.  The answers are simple how much are you willing to offer and how motivated are you to buy.  To be honest these aren”t bad questions, just ones that aren”t going to get you very far in terms of negotiating.  Almost all sellers aren”t going to give you a bottom line and deals aren”t made over the phone.  Deals are made on paper.  You may hear many times over a real estate agent beckon the words “just write an offer and put the ball in play.”  Really, what is the worst that can happen; you are denied, you wasted some paper and probably 45 minutes of casino online your day.  On the other hand if you prove through your initial offer that you are a qualified buyer who has the ability to close, then you will probably receive a counter offer.  The counter offer is your first step towards reaching a sellers bottom line.  Most sellers don”t know there bottom line until they are in a counter offer situation.  By countering back and forth each side is trying to find a common ground.  At any time either side can walk away.  Bottom Line, if you are a buyer and your wondering what a seller might take, talk to your agent, check the comps and WRITE AN OFFER!

Mac

David Tapper

Map of the Aragon Neighborhood!

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Here is a map of the Aragon Neighborhood located in San Mateo, CA.   


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* This is a rough sketch of the area and should be confirmed by a professional.

David Tapper

Map of the Parrott Drive Neighborhood!

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Here is a map of the “Parrott Drive Area” Neighborhood located in Hillsborough, CA.


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* This is a rough sketch of the area and should be confirmed by a professional.

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