Are There Deals in Real Estate

“Deals” And “Bargains” In Real Estate The myth: It is widely believed by the public (and even by many real estate practitioners!) that there are “deals” or “bargains” to be had in real estate. The thought is that, in good markets or in bad, somehow a property can be purchased “below market price”. The reality: […]

City Inspection for a Real Estate Sale

Some Southern California Cities Require A Pre-Sale Inspection, A Report Or Both! Whether selling or buying a home, it is well to learn if the jurisdiction in which the property is located requires that representatives of that jurisdiction (invariably cities; counties usually do not do this) must enter and inspect the property before close of […]

Real Estate Sale Contract Basics

The Law Of Contracts – A Few Basics There’s an old proverb that says “In California, if it ain’t in writin’, it ain’t real estate’. The Statute of Frauds in the State says that all real estate undertakings must be reduced to writing. The real estate industry, via its Trade Association, the California Association of […]

Proposition 60 And 90 And Tax Transfer

Proposition 60 And 90 And Tax Transfer For Those 55 And Older Proposition 60 allows any seller of seller-occupied real property who is 55 years or older at the time of sale to transfer the property tax of the sold property to any other property intended as the seller-turned-buyer’s principal residence to the new residence. […]

Seller Financing, What is it?

Seller Financing (So-Called “Seller Cadrries”)   So-called “Seller Carries” are getting to be more common as landlords or empty nesters age and want out. The advantages, generally, are these: – The Seller may get a slightly higher price. – Although the interest on the note is taxable, it is additional income for the life of […]

6 California Buyer Assistance Programs You Need to Know

California is a Buy State California home values continue to rise at over 20% in 2013, and more owners are starting to sell! This is great news for homebuyers tired of fighting tooth and nail for the few homes available for sale in your community. With foreclosures and short sales fewer and further between, home buyers have the […]

Patient Homeowners Take Advantage of Freak Market

Home values in the State of California have been in an uncharacteristically steep rise since the beginning of the year 2013. While many worry that this steep rise in home values is a sure sign of another Real Estate bubble, the reality is that while values continue to increase, patient homeowners are crawling into positive […]