FAQ's
A seller’s market occurs when there are more interested buyers than homes for sale, often leading to bidding wars and higher prices. A buyer’s market is the opposite, with more homes on the market than buyers, giving buyers more negotiation power. We provide a detailed analysis of the current market conditions in your specific California neighborhood to help you make informed decisions
The value of your home is determined by a variety of factors, including its location, size, condition, and current market trends. At KHL Realty, we perform a Comparative Market Analysis (CMA) by evaluating recently sold, similar properties in your area to determine a competitive and effective listing price for your home.
The first and most crucial step is to get pre-approved for a mortgage. This helps you understand what you can afford, and it shows sellers that you are a serious and qualified buyer. We can connect you with trusted lenders to streamline this process.
A real estate agent acts as your advocate, providing expert guidance throughout the buying or selling process. We assist with property searches, market analysis, negotiations, and all the necessary paperwork. Our goal is to ensure a smooth, efficient, and successful transaction for our clients.
Closing costs are fees associated with the transfer of property ownership. They can include agent commissions, escrow fees, title insurance, and more. The amount varies, but typically ranges from 2% to 5% of the home’s sale price. We will provide a detailed breakdown of all anticipated costs upfront.
The timeline for a real estate transaction can vary widely based on market conditions, the specific property, and the type of financing. On average, a typical transaction from accepted offer to closing takes about 30 to 60 days, but it can be faster with a cash buyer or take longer with a more complex loan.
While you don’t need to do a full-scale renovation, minor repairs and cosmetic improvements can significantly increase your home’s appeal and value. We recommend focusing on de-cluttering, deep cleaning, and enhancing curb appeal to make the best first impression on potential buyers
Contingencies are conditions that must be met for the contract to be finalized. Common contingencies include home inspection, appraisal, and mortgage approval. These are put in place to protect both the buyer and the seller. We’ll explain each contingency in detail and guide you on how to navigate them effectively.