You Asked, Jordan Answered

PMI is a type of insurance that lenders may require if you're buying a home with less than 20% down. It protects the lender if you default on your loan. Once you've built up 20% equity in your home (either through payments or home value appreciation), you can typically request to stop paying PMI.

On average, it takes around 30 to 60 days from when an offer is accepted to closing. However, the timeframe can vary based on various factors such as loan approval and home inspection.

A fixed-rate mortgage has an interest rate that stays the same for the life of the loan, which makes your monthly payments predictable. An adjustable-rate mortgage (ARM) has an interest rate that can change periodically, so your payments could go up or down over time.

Realtors use a comparative market analysis (CMA) to determine a home's value, comparing the property to similar homes that have recently sold in the area.

Jordan specializes in a wide range of properties throughout Silicon Valley and surrounding areas, from single-family homes to larger estates. He has a deep understanding of the local market, enabling him to match clients with properties that suit their unique needs and lifestyle.

Jordan Mott is a top-producing realtor in Silicon Valley and is ranked among the top 1% of realtors nationwide. With over $600 million in lifetime sales, he has a proven track record of providing exceptional service and results for his clients.

There's no set number; some people find their future home after seeing just a few, while others may tour dozens.

Yes, Jordan works with both buyers and sellers. He has a tremendous track record in helping buyers get their offers accepted, even in competitive situations. For sellers, Jordan uses his extensive marketing plan to ensure their properties are well represented and that they receive the highest price possible.

Closing costs are the fees and charges due at the close of a real estate transaction. They can include loan origination fees, title insurance, appraisals, and more.

A home inspection is an assessment of a home's condition, performed by a licensed professional. It's important because it can reveal potential issues that aren't immediately visible, and could affect the home's value and livability.

You can reach out to Jordan Mott here. Booking an appointment is an easy first step toward achieving your real estate goals with him.

Pre-qualification is an initial evaluation of your creditworthiness, based on information you provide to the lender. It gives you an idea of how much you may be able to borrow. Pre-approval is a more thorough process where the lender verifies your financial information and commits to lending you a specific amount of money.

A property is "under contract" when the buyer and seller have agreed on the terms of the sale, but the sale has not yet closed. During this time, the property may still be shown to other potential buyers, but the seller cannot accept any other offers.

A buyer's agent represents the interests of the buyer in a real estate transaction, while a seller's agent, or listing agent, represents the interests of the seller. It's possible for one agent to represent both parties, but this is known as dual agency. In California, dual agency is allowed.

Jordan serves a variety of regions in the South Bay, including Santa Clara County and San Mateo County. He helps clients explore diverse communities across Silicon Valley, matching them with neighborhoods that complement their lifestyle and preferences.

Jordan Mott brings unmatched expertise, a unique marketing plan, and an unwavering dedication to his clients. His focus on client satisfaction, detailed knowledge of Silicon Valley, and ability to consistently deliver results set him apart from others in the industry.

A home warranty is a service contract that covers the repair or replacement of important home system components and appliances that break down over time. Whether you should get one depends on factors like the age and condition of the home, the coverage of the warranty, and your willingness to deal with repairs or replacements yourself.

It's possible, but not common. Some types of loans, like VA loans for military veterans, may not require a down payment. However, most conventional loans require a minimum down payment, often between 3% to 20%. Without a down payment, you'll likely need to pay for private mortgage insurance (PMI) until you have sufficient equity in the home.

Interest rates depends on current market conditions, your credit score, down payment, and the type of loan. Contact Jordan to see what you qualify for and what your estimated interest rate would be.

A contingent offer is one where the buyer's offer is dependent on certain conditions being met, such as the sale of their current home, obtaining financing, or a satisfactory home inspection.

Yes, it's possible, but it requires careful planning and timing. You'll likely need to coordinate the sale of your current home with the purchase of your new one.

The best time to sell can depend on a variety of factors, including market conditions and your personal situation. However, spring and summer are often cited as good times to sell since families often want to move before the new school year starts.

In 2022, Jordan Mott closed over $127 million in real estate sales and was recognized as the #1 Agent at Intero Willow Glen. He ranked 224th in sales volume nationwide out of over 1.6 million realtors, making him one of the top producers in the country.

Once you've found a home you want to buy, your realtor will submit an offer to the seller's agent. The seller can accept, reject, or counter the offer. If they counter, you can accept their terms or counter back, until both parties agree on a price and terms. Looking for the best deal? Jordan is an expert negotiator - so whether you're buying or selling, you can rest assured that you're getting the best deal either way.

Market conditions can change frequently and depend on several factors, including location, season, and economic conditions. Email Jordan for a specific market condition update.

Jordan Mott's marketing plan is comprehensive and innovative. It involves strategic use of digital platforms, high-quality marketing materials, and his extensive network to showcase the best features of each property, thereby attracting potential buyers and achieving optimal sales outcomes.

Jordan's clients consistently praise his professionalism, knowledge, responsiveness, and negotiation skills. They appreciate his honesty, patience, and dedication in ensuring they achieve their real estate goals. He is highly recommended by past clients for both buying and selling properties.

Jordan is a Top Intero Foundation Contributor, and his work largely involves communities in the South Bay area, including Santa Clara County and San Mateo County.

After contacting Jordan, the first step is usually getting pre-approved for a mortgage. This helps you understand how much you can afford and shows sellers that you're a serious buyer. See the entire buying process here.

Staging a home involves arranging furniture and decor to make the home appear more appealing to potential buyers. This can help the home sell more quickly and for a higher price. Staging can be done by the seller or with the help of a professional home stager.