The buyer’s agent can spot issues, but proceed with caution.
Question: The multiple-offer bidding process in the Bay Area is exhausting. We give up. As first-time homebuyers, we have written over 10 offers. We have yet to receive a counteroffer.
My wife is excited. She says this is our opportunity to buy in the Bay Area. The lot is expensive. I’m worried. We have to build a house. It feels overwhelming. We were bidding on “turnkey” houses. Now, we are buying a piece of land on a handshake. Buying a Bay Area house includes agents and presale seller disclosures. It should be the same way for a lot sale. In other words, what is the safest way to buy a Bay Area residential lot?Buying a residential lot in California can be like purchasing a house. Agents armed with California Association of Realtors forms provide safeguards.
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