Happy Tuesday! Found another article that I would like to share with you. If you have any questions, please let me know! It’s not cheap to buy a home these days, and we’re not just talking about the price of the home itself. Other out-of-pocket costs that crop up [ Read More ]
Hello! I found this article written by Elizabeth Weintraub on Closing Costs and wanted to share this valuable data. As always, if you have any questions please let me know. Figuring out the cost to close on a home For decades, lenders used Good Faith Estimates to explain closing costs [ Read More ]
How much can you sell your home for? Probably about as much as the neighbors got, as long as the neighbors sold their house in recent memory and their home was just like your home.Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, comps), sold [ Read More ]
Hello! Below is an EXCELLENT article from the Los Angeles County Tax Assessor about Propositions 58 and 193. See below! Propositions 58 and 193 Reassessment Exclusion for Real Property Transfers: Between parent and child From grandparent to grandchild These constitutional initiatives provide property tax relief for real property transfers between [ Read More ]
Here is a very informative article I would like to share. As always, if you have any questions please let me know! Most home buyers and sellers don’t think much about what might derail their purchase or sale. But here’s a sobering fact: One of every 20 sales contracts blows [ Read More ]
I found some fantastic information on college towns. It is the season after all! Investment properties that are located in college towns offer some unique opportunities for investors. The advantages include a large potential tenant market and a fairly stable rental price. The disadvantages include constant tenant turnover and major wear and [ Read More ]
Here is a new article I wanted to share with you. You can find the original HERE. Our mortgage experts are often asked about reverse mortgages, many times by folks who are interested in finding an extra source of income, but may have some concerns, and would like some straight-forward [ Read More ]
Hello, again! Below is an article I found online that I wanted to share with you. Contact me as always with any questions you may have! Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last 50 [ Read More ]
1. Start with your credit. Credit reports are kept by the three major credit agencies, Experian, Equifax, and TransUnion. They show whether you are habitually late with payments and whether you have run into serious credit problems in the past. A credit score is a number calculated from a formula created [ Read More ]