Understanding contingencies is important when you are considering making an offer on a property. A contingency is a condition in the Purchase Agreement that allows the buyer(s) to remove themselves from the contract with their deposit refunded if certain conditions are not met after their...
According to a recent survey, the number of homes occupied by renters has gone up nearly 34% over the last decade. That’s good news if you’re looking for a long-term investment (10 years or more) and have ever considered becoming a landlord. Rents don’t show any...
According to the California Department of Consumer Affairs, the biggest disagreement between landlords and tenants come after the tenant vacates the property, and it is often centered on the refund of the security deposit. Knowing what the law will and won’t allow will go a...
Personal Landing Page? Check! Contact info? Check! You’re online! Now you just sit back and watch the sales come in, right? Not so fast… While you can convert many of those leads into sales, you can’t rely on the Internet alone. There will be a...
Mortgage rates remain at a historic low. If you haven’t refinanced in a while, now just may be the time! Before you jump into the pool with both feet, make sure you consider the following: Know your options. Comparing quotes from at least three different lenders...
On October 1, the limit on loans that government controlled mortgage agencies, Fannie Mae and Freddie Mac, can guarantee will drop from $729,750 to a maximum of $625,500, unless Congress intervenes. In September, lawmakers called for a short-term extension of regulations, hoping to allow the...
It took the sheer force of nature to make Dorothy from The Wizard of Oz realize there was no place like home. It turns out that owning one’s home still ranks at the top of the list for most Americans, but why do consumers want...
The seemingly changing news of financial news makes it challenging to know what to do as a seller in this market. But if traffic through that attractive 4-bedroom has been less than stellar, don’t get cold feet and yank the property off the market. Instead,...
These days, there are so many ways to keep in touch with clients, colleagues, family, and friends; sometimes it’s hard to keep them straight! Instead of a distant voice in your ear or words in a chat window, there’s a way to be face to...
Short sales often conjure thoughts of lengthy negotiations, tedious paperwork, and a never-ending closing process. Fortunately, mortgage lenders and the United States federal government are working to change this. As such, it is important for real estate professionals to understand how these changes in the...
