San Francisco Real Estate: Escrow Out Loud
#41: Avocado-Green Appliances and Faux Brick
This week on Escrow Out Loud, our San Francisco Real Estate podcast, we interview our dear friends, long time clients and accomplished individuals in their own right, Kevin (from Sawyers Design) and Pete.
[00:53] The very first purchase we worked on together with Kevin and Pete was many years ago, back in 2003. Kevin is an interior designer and has a great eye for looking at homes from a design perspective. What does he look for in a home? And what does having "good bones" mean in terms of houses?
[03:41] Upon first seeing their potential home Kevin was flooded with ideas of what he would love to do with it. Of course, these ideas evolve and grow when you live in a space. The first step was to remodel the kitchen and the bathroom.
[05:10] While Kevin is looking at homes with his designer eye, what is Pete doing?
[7:14] Kevin and Pete lived through both a condo conversion as well as an interior remodel. But the remodel was a somewhat more traumatic experience. One of the things they have learned is to ask a lot of questions! Britton and Pete trade contractor stories, and she shares why she chose the higher bid over all the others when she was doing her remodel and how a detailed bid meant coming in within 1-2% of the budget.
[10:28] Living in the property while it’s being remodeled is not a pleasant experience - just ask Britton, Kevin and Pete. If you can manage it, stay somewhere else. At least until you have running water in the house again. Another good piece of advice is to not put all your hopes and dreams into a property until you know you have it. The market can be competitive and sometimes disappointments happen. And sometimes missing out can be a blessing in disguise. TICs can get complicated quick. What are some things to be aware of when looking for TIC partners?
[17:23] Vague statements come true: Matt and Britton do have experiences and relationships which can be an advantage in the home buying process. Kevin and Pete do some reminiscing on opportunities lost and the good batting average they’ve had working with Matt and Britton.
Thank you for joining us for this week’s episode. We hope you enjoyed tuning in and join us again next week for part 2 of our interview with Kevin and Pete!