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Category: Buying A Home

Buying A Home

Home Mortgage Interest Rate vs. Purchase Price

Did you know that the interest rate on home loans rose to over 18% in the 1980s? That means that the monthly payments on a $100,000 home (assuming a $20k down payment) would have been over $1,200 a month, leading to a whopping total payment of roughly $450,000 over the span of a 30-year mortgage (including the $20k down payment). Compare that to the home mortgage interest rates we’re seeing of late – much closer to 3%. That same $100,000 home with a 3% interest rate would lead to a monthly payment of just $340 or so. Over the span

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Buying A Home

How To Ensure Maximum Resale Value When Purchasing A Home

Buying a home is a big deal, whether it’s your first home or whether you’ve gone through the process before. And when done right, buying a home can help you build life-changing wealth for your family. When you take resale value into consideration up front, you can make wise and strategic decisions when it comes to purchasing a home, to ensure that it not only meets your lifestyle and family needs, but that it also helps you build equity and wealth in the coming years. In this article, we’ll share with you why it’s so important for buyers to think

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An image of Joe Dickerson next to a badge awarded to the Top 100 Real Estate Agents in the Uited States.
Buying A Home

The Joe Dickerson Group Is Selected As One of America’s Top 100 Real Estate Agents®

OAKLAND, Calif., March 1, 2021 /PRNewswire/ — The Joe Dickerson Group, an award-winning Oakland and East Bay real estate team focusing on helping Bay Area buyers, sellers, and investors to build wealth through real estate, has been selected as one of America’s Top 100 Real Estate Agents®. Selection to America’s Top 100 Real Estate Agents® is by invitation only. It is reserved to identify the nation’s most esteemed and skilled Real Estate Agents and Brokers with a history of routinely selling homes above market value. Less than one percent (1%) of active Real Estate Professionals in the United States will receive this honor — indeed, the most exclusive

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Buying A Home

The Pros And Cons Of Buying Or Selling Off-Market Real Estate Deals

In the competitive Bay Area real estate market, it’s not uncommon for a hot home on the Multiple Listing Service (MLS) to garner upwards of a dozen viable offers from motivated buyers. But at the end of the day, is all the competition actually better than selling your home quietly off-market? And for buyers and those looking to get into real estate investing, are off-market real estate deals the hidden gems in this competitive real estate market? And if so, what are the different ways to find off-market deals, given that they’re not publicly advertised on the MLS? These are

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Buying A Home

How To Find A Real Estate Agent You Can Trust

When I was in fourth grade, I had a teacher who had a reputation for being brutal. She had been teaching a long time and certainly knew how to teach, but she wasn’t exactly what you’d call a nice teacher. I remember looking at my friends in the other fourth grade classes, laughing and seemingly having a great time, while my teacher was very strict and demanding and continued to pile on the homework.  Ultimately, we were all learning the same concepts and skills, but the experience was vastly different from one classroom to the next. This is the same

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Buying A Home

Case Study: First-Time Homebuyers in Montclair

“Buying your first home can be thrilling and overwhelming at the same time. But when you throw in the high stakes and heated competition of the San Francisco Bay Area real estate market, things can get intense. We’ve helped dozens of first-time home buyers navigate the nuances of the Bay Area real estate market and attain success. When you approach the process with an open mind, creative solutions, and a strong team like ours to back you up, the process can be not just doable but even fun. Meet Pat and Erica Please note: While the names in this story

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Buying A Home

Case Study: House Hacking a Duplex in Oakland

Are you wondering how you can possibly afford a home here in the very pricey San Francisco Bay Area? Saving enough for a down payment on a million-dollar home could take a very, very long time. That’s why house hacking can be a great solution to affording a home despite the high prices here in the Bay Area. And in fact, it’s something that we on the Joe Dickerson Group team do ourselves! House hacking is when you buy a multi-unit property like a duplex, live in one unit, and rent out the other(s). In doing so, you get to

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Buying A Home

How Do I Know What To Offer On A Home

We have a passion for helping people build wealth through real estate and focus on educating our clients to enable them to make the most thoughtful decisions possible. In this blog, we’re going to talk about how to value a property that you’re considering buying; what to consider when looking at all the automated valuation tools out there; and what other factors should be considered when coming up with an offer price. If you’ve been following the market in the bay area, you’re probably aware that it’s a very competitive market, with houses often selling for well over the list

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Buying A Home

How To Evaluate A Seller-Provided Disclosure Package

We have a passion for helping people build wealth through real estate, and we understand that the education process is key for successful investments. So in this blog, we’ll walk through some specifics of evaluating a property that you have interest in. Specifically, we’ll talk about what you might find in a seller-provided disclosure packet, and what things you may want to consider regarding the long-term enjoyment and viability of your investment. In markets like the San Francisco Bay Area that are very competitive for buyers, sellers are often providing lots of information about the property upfront to prospective buyers.

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Buying A Home

Home Buying Process

We have a passion for helping people build wealth through real estate, and we understand that the education process is key for successful investments. So in this blog, we’ll walk through the basics of the home buying process, hitting each step of the way from deciding buying a home might be right for you — all the way up to getting the keys to your first home. Some home buyers start their search on accident, while for others it’s a long and thought out decision to make the move. Regardless of if you’re certain about your home buying decision through

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