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When purchasing a home, there are often hidden costs that buyers might not be fully prepared for. In today’s episode, we discuss the surprises that can arise when you least expect them and how to protect yourself as a buyer. From inspection fees to unexpected repairs, there are several potential pitfalls that can impact your budget.

In this video, we will cover:

Common hidden costs in real estate transactions: What to look out for before signing a contract.
Buyer concerns and how to address them: Avoid overpaying by understanding the market and negotiating correctly.
Seller reactions to repair requests: How sellers typically respond when buyers ask for repairs or closing cost credits.
Inspection process breakdown: Why inspections are critical and how they can uncover issues that may require further negotiations.
Closing cost credits: How you can negotiate to have the seller cover some of the hidden costs uncovered during the inspection process.
Timeframes for inspections and due diligence: The critical deadlines you need to follow to ensure your rights are protected during the buying process.
The Santa Clarita real estate market is constantly changing, and buyers and sellers need to stay ahead by understanding these potential costs. Whether you are a first-time buyer or a seasoned real estate investor, this episode is packed with useful insights to help you make smarter decisions during your next real estate transaction.

We also take a look at the latest real estate trends in the Santa Clarita Valley, including:

New listings coming onto the market.
Price adjustments and market trends.
How staying on top of home maintenance, like checking your GFCI outlets, can help maintain and even increase your home’s value over time.
Real estate safety tip: We talk about the importance of checking your GFCI outlets to prevent electrical hazards and how malfunctioning outlets can be a danger, especially in bathrooms and kitchens. Keeping up with these small maintenance items can protect you and your family while also making sure your home remains in excellent condition for years to come.

This episode is a must-watch for anyone involved in buying or selling real estate. From inspections to closing costs, we give you the tools to navigate the sometimes unpredictable real estate landscape.

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YouTube Channel: https://www.youtube.com/@connerwithhonor

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Podcast: https://www.buzzsprout.com/admin/298109/episodes/15823201-beware-of-hair-dryer-murders-and-check-your-gfci-outlets-in-today-s-real-estate-update
Video: https://youtu.be/k3Gf0-JMhxI

#RealEstateUpdate #HiddenCosts #SantaClaritaRealEstate #BuyerBeware #ClosingCostCredits #HomeInspectionTips #ElectricalSafety #GFCSafety
Category
Artificial Intelligence
Tags
Santa Clarita real estate, homes for sale, condos for sale

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