In California, a home appraisal contingency can give home buyers a legal exit strategy. If the home appraises below the purchase price, this contingency allows the buyer to back out of the deal without forfeiting their earnest money. Like the…
When buying a home in the Bay Area, you could write an appraisal contingency into your purchase offer. Or not. Some buyers choose to waive this contingency, to make their offers more attractive to sellers. That's a common strategy in…
As of early 2022, the Bay Area real estate market is one of the most competitive housing markets in the country. Because of this, many home buyers in the area choose to waive their contract contingencies when making a purchase…
The California housing market has changed a lot over the past couple of years. During 2021, we witnessed a record-breaking increase in home prices and sales activity, among other major changes. Those trends have a lot of first-time home buyers…
Are you planning to buy your first home in the San Francisco Bay Area during 2022? Wondering what the local housing market will be like next year? You've come to the right place. The Bridgepoint Funding team has created a…
When buying a home in the San Francisco Bay, you'll eventually encounter the phrase "fair market value." This is one of the most important concepts to understand when making an offer on a house. The amount you offer should be…
Are you planning to use a mortgage loan when buying a home in California? If so, you should know a few things about your credit score. For starters, you should understand how your credit score can affect you when buying…
Why do so many home buyers choose to make a 20% down payment? What's so special about this particular number? Should you put 20% down when buying a home in the Bay Area? What are the pros and cons associated…
Making an offer on a house in the San Francisco Bay Area requires careful research, forethought and planning. If you make a strong offer based on current market conditions, there's a higher chance the seller will accept it. A weak…
Based on our own home-buying ventures and those of our many clients, we consider ourselves pretty knowledgeable when it comes to house hunting in the San Francisco Bay Area. So today, we are serving up five "pro tips" and strategies…
