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What to Know Before You Write an Offer in Silicon Valley | Keith Walker Real Estate
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Keith Walker
âI care about people, not properties.â Keith Walker is an around-the-clock realtor, living and breathing real estate every day of his life...
âI care about people, not properties.â Keith Walker is an around-the-clock realtor, living and breathing real estate every day of his life...
When youâre preparing to write an offer on a home in the Silicon Valley real estate market, knowledge is your most powerful tool.
As a local realtor with years of experience navigating the unique challenges of our competitive market, Iâm here to share what you absolutely need to know before you make your move.
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Before you even think about writing an offer, start by studying the recent relevant sales in the area. Donât just look at the list pricesâdig into what homes actually sold for. This gives you a realistic view of the market and helps you craft a competitive offer that reflects true value.
Key factors to consider:
Square footage and layout
School district and ratings
Neighborhood amenities and desirability
These details matter in Silicon Valley, where even small differences can significantly impact a homeâs value.
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One of the most overlooked but crucial parts of the offer process is a thorough review of seller disclosures and inspection reports.
Seller Disclosures
These legal documents give you an inside look at the propertyâs condition. Sellers must disclose any known issues, including:
Previous repairs
Foundation or structural problems
Water damage or mold concerns
Neighborhood nuisances
Understanding these disclosures upfront can save you from costly surprises down the road.
Inspection Reports
Inspections dig deeper, revealing problems the seller might not even know about. Pay close attention to:
Areas the inspector couldnât access
Recommendations for further inspections
Possible red flags
This due diligence protects your investment and can also give you leverage in negotiationsâlike asking for repairs or credits to cover needed updates.
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Once youâve done your homework, itâs time to write your offerâand in Silicon Valley, speed and clarity matter.
Act fast when youâre serious about a home.
Limit contingencies to only whatâs essentialâthis makes your offer more appealing to the seller.
Be flexible with terms like the closing date to help your offer stand out.
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This process can feel overwhelmingâespecially in our fast-paced, high-stakes market. Thatâs why having an experienced realtor is key. Iâm here to educate, navigate, and protect youânot just speculate and fabricate.
If youâre ready to make your move, letâs connect. Iâll guide you step-by-step to ensure youâre making a smart, informed offer that puts you in the best possible position.
Have questions? Drop them below or contact me directlyâIâm always here to help you move forward with confidence.
Keith Walker
Your Local Silicon Valley Real Estate Expert