The father-son team of Russ and Nick Taylor are counting their blessings. Not only do they love their jobs as Realtors with RE/MAX Associates in Rancho Bernardo, but they feel blessed to be able to work as a father-son team.
Even their association with RE/MAX is a blessing.
“RE/MAX just happened to be the best fit for us as it’s not a corporation, its company structure has the flexibility to make sure we can best serve our clients in real estate,” Russ said.
Within each transaction they are always working and learning not just their jobs but the process of others they work with.
“As the agent, we are the ones that facilitate and have the resources to find the right answers in a timely manner to ensure the success of a transaction and the protection of a client,” Nick said. “Knowledge is crucial, and aside for keeping our team informed of legal articles and constantly updating laws.”
This entails ongoing education provided through California Association of Realtors, National Association of Realtors and San Diego Association of Realtors as well as working with a CPA, financial planner, title representatives, escrow officers, attorneys and lenders, closely surrounding themselves with a team with a wealth of knowledge.
The Taylors advise buyers to watch for physical inspection, appraisal issues and liens on title from an HOA, attorney or taxes in this market.
“Physical inspection because you have to anticipating issues with the condition of the property that may not even be known by your agent or the seller,” Russ said. “Sellers can only disclose what they know. Anticipating appraisal issues is huge for both buyers and sellers in this bank and lender sensitive driven market.”
When it comes to financing, these days banks are not generous with lending money, so the Taylors advise having your agent make sure comparable properties are very close to what you are offering or you could be the one caught holding the buck or the lack thereof if the appraisal comes in lower than your purchase price.
Liens are very common in this short sale and foreclosure home market and with those come unpaid liens. They advise having your agent anticipate liens when buying or selling a home, so it doesn’t become a problem and prevent a sale from happening.
No matter the situation, the Taylors always want to do the right thing and put their clients’ best interest at heart even at the cost of canceling.
“We have sacrificed a lot on transactions that we have advised our clients to walk away from because as professionals we did not feel OK with them moving forward on the purchase,” Russ said. “Be it appraisal issues, liens, or physical problems with the house. Finally we want to make sure our clients satisfied on the day escrow closes.”
The Taylor family attends Marantha Chapel and helped facilitate the recent father-daughter dance at Maranatha Christian Schools.
They can be reached at 858-583-8142.