Real Estate Information Archive


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15 Things Every Buyer Should Know Before Purchasing

by Samia S. Morgan

Buying a new home is a big decision and it is important to educate yourself and weigh all your options regarding a home purchase. Below is a list of the top 15 things you should keep in mind before purchasing your next home.

  1. Property taxes and qualified home interest are deductible on an individual's federal income tax return.


  1. Many times, a home is the largest asset an individual has and is considered one of the safest investments available.


  1. A homeowner can exclude up to $500,000 of capital gain if married, filing jointly or up to $250,000 if single or filing separately. The home must have been the taxpayer's principal residence for the previous two years.


  1. A portion of each amortized mortgage payment goes to principal which is an investment.


  1. A home is one of the few investments that you can enjoy by living in it.


  1. The majority of the time a REALTOR® can show you any home whether it is listed with a company, a builder, or even a For Sale by Owner.


  1. Working through a REALTOR® to purchase a For Sale by Owner can be very advantageous because someone can be looking out for your best interests.


  1. A real estate professional who can provide you financial information with a computer will give you a distinct advantage in making the right decisions.


  1. A pre-approval program will actually approve you for a specific loan amount subject to the property. This will give you confidence and should help in negotiating with the seller.


  1. Your real estate professional can provide you with a list of items you'll need to make a loan application so you'll be ready when the time comes.


  1. The right to conduct a property inspection, included in your sales contract, will give you the ability to negotiate with the seller before spending money to have a professional inspect the property.


  1. A Home Protection Plan can provide coverage for selected items such as central heat and air conditioning, interior plumbing, built-in appliances, pool equipment, and other things. If the seller is not providing this coverage, you can purchase it yourself.


  1. Ask the real estate professional for a list of buyers that he or she has helped. Call several names to verify that you'll receive good service.


  1. Ask the real estate professional if they are familiar with the neighborhoods you want to live in. Ask how many homes they have sold there in the past year.


  1. Ask the real estate professional who he or she is representing in the transaction.

For more information regarding purchasing or selling a home, please do not hestiate to contact me.

Halloween Fun Fest - Downtown San Mateo

by Samia S. Morgan

Come join the many activities in the US Bank parking lot for Halloween Fun Fest presented by Smalltown. Throw on your Halloween costume and partake in an ghoulish good time with games, music and plenty of activities.


  • Pumpkin Patch
  • Pumpkin Decorating
  • Face Painting
  • Jump Houses
  • Costume Pageant
  • and more...

When: Saturday, October 27th

Time: 11:00 am to 2:00 pm

Where: 3rd and San Mateo Drive

For more information visit the Downtown San Mateo Association website.


Home Inspections Part II - What Does The Home Inspector Look For?

by Samia S. Morgan

In this second installment of Home Inspections you will learn of the types of things your Home Inspector will look for when preparing your home inspection report. Your Home Inspector will perform a “visual” inspection to determine the condition of your home. To better understand what may be included in your report the Home Inspector will look at the following areas of your home.


  • Foundation and Framing
  • Roofing and Flashing
  • Gutters and Drainage
  • Siding
  • Decks and/or Porches
  • Driveways and Sidewalks
  • Doors and Windows
  • Stairs and Railings
  • Ceilings and Walls
  • Electrical
  • Plumbing
  • Heating and A/C
  • Ventilation
  • Attics
  • Basement
  • Garage

Don't forget to check out Home Inspections Part I to learn how to interview a potential Home Inspector.

Do Not Call Registry - When Will Your Number Be Removed?

by Samia S. Morgan

Most of us are, or have been, extremely frustrated at some point with unwanted calls made by telemarketers. One way to help prevent telemarketers from calling was the creation of the Do Not Call Registry back in 2003. Individuals can register their phone numbers with the registry in hopes to eliminate these unsolicited calls to our homes and businesses.


There were a staggering number of registrants within the first four days of the lists launch date and continued to grow to 149 million phone numbers currently.


The important thing to remember is there is a term to your registration. Your registration with the Do Not Call Registry is only good for five years at which time your phone number will be removed from the list unless you renew by your renewal date. As the five year anniversary of the list is coming up in the summer of 2008, you early registrants will have to think about renewing. You can check the status of your registration by visiting the website.


Read the full MSN Money Central article titled Do Not Call list about to expire.

Home Inspections Part I - What to Ask Your Home Inspector

by Samia S. Morgan

Home inspections are a necessary part of both the home selling and buying process. It is important to be sure that when hiring a home inspector that you are sure to hire a qualified individual or company. Below is a list of things to keep in mind to ask your potential inspector.


  1. What are your qualifications? 
  2. How many home inspections do you perform in a year that is similar to my home? 
  3. Can you provide a list of references that we can contact? 
  4. What is your turnaround time to receive the report? 
  5. What will be included in the report? 
  6. How much will the report cost?  

For an easy, quick search of certified Home Inspectors in your area you can visit The American Society of Home Inspectors or the National Association of Certified Home Inspectors.


Displaying blog entries 1-5 of 5