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Author: Steve Olmos

  • California Keeps Taking Away Cities Controls

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    Steve Olmos
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    California keeps taking cities controls and cities rights. It seems that each year the state passes new laws to take more and more control of what cities can do to keep building under control. And it seems that the more new buildings that are built, the more services the cities need to supply and the…

  • Why Do You Need Title Insurance

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    Steve Olmos
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    In my last article I whet over in general the preliminary title report and a little about title insurance. Here’s an article from WFG title, sent to me by Title Rep, Ramzi Tadros 10 Reasons for Title Insurance ERRORS IN PUBLIC RECORDS 1.UNKNOWN LIENS Clerical or filing errors could affect the deed or survey and…

  • Preliminary Title Report

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    Steve Olmos
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    Preliminary Title Report The preliminary title report or preliminary report begins once an order for title services has been received. The report is an overview of the property. There are generally several steps in the process, beginning with property search of the public records The title company will be checking the current interest and ownership…

  • AI Is A Tool

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    AI is a tool and cannot replace a real estate agent. The use of AI (Artificial intelligence) is on the increase and can be very helpful in the buying and selling of real estate. Buyer can find AI a useful tool to help find information on neighborhood, schools, and communities that has the most walk…

  • How Do You Know A Good Investment Property

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    Steve Olmos
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    How do You Know a Good Investment Property from a Bad Investment Property? It helps to have the skills and knowledge to tell the different. Are you ready to buy an investment property, but you do not know where to start? Let’s start with certain factors, what skills and knowledge you must possess to be…

  • What Is A Real Estate Agent

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    Steve Olmos
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    What is a real estate agent?, A real estate agent is a person that has taken the real estate exam, passed it and now has a real estate license to sell real estate; homes, land, condos, townhouses, businesses etc. What’s the difference between a real estate agent and a Realtor. A real estate agent is…

  • Still Waiting To Buy Or Sell A House

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    Steve Olmos
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    Still waiting to buy or sell a house? The question should be why are you waiting? Yes, interest rates do move up and down and home price also move up and down. When demand is high, prices go up and when demand is low, prices will come down. Interest rates on the other hand seem…

  • Few Questions On ADU’s

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    Few questions on ADU’s, what are they and few other questions on ADU’s An ADU is a secondary dwelling unit with complete living facilities for one or more persons. An ADU can be a detached separated from the primary residential structure, a unit attached to the primary residential structure or a repurposed existing space, like…

  • Delaying Property Taxes for Seniors, Blind and have a Disability

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    Steve Olmos
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    Delaying property taxes for seniors, blind and with a disability for this year, 2024. Property taxes are an expense that’s hard to pay for many homeowners and with a number of seniors and those that are blind or a have disabilities, being on fix income some will find it nearly impossible to pay this year.…

  • Memorial Day A Day To Remember

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    Steve Olmos
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    Memorial Day, A Day To Remember. This Monday, May 27, 2024, is Memorial Day, a day to remember those service members that have fallen in wars for the United States, and the protection of the right of the people of these United States. I personally do not support all the wars and the wars our…

  • Things Are Changing In California Real Estate

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    Steve Olmos
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    Things are changing in California real estate and as well as real estate as a whole. Because of a recent lawsuit, which NAR agreed to settle (National Association of Realtors) the listing agent or the agent that lists a property for sale for a seller of residential real estate will no longer be able to…

  • Will Owning a Home Be a Thing Of The Past

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    Will Owning a Home Be a Thing of The Past? It is hard to believe that a day homeownership comes to an end sometime in the future. Or losing a home you own, because of some new law was passed. Let’s look at the past to see a couple of examples of how the government…

  • Why Buy A House Over Renting A House

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    Why buy a house over renting a house, when it is cheaper to rent. I have heard this year after year, why buy a house when I can rent it and not have to worry about maintenance, taxes and insurance. It is cheaper to rent than buy. I can go where I want and rent…

  • In Real Estate Buyer Contracts Are Going To Be Required

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    Steve Olmos
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    Yes, in real estate, buyer’s contract is going to be required and home buyers beware. Later this year, real estate agents are going to have to put potential buyers under contact before they show properties. Buyer and real estate agents have always had the option to use a contract and some agents use them and…

  • Here Are A Few Ways To Buy A House

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    Here are a few ways to buy a house, from cash, seller financing and getting a mortgage. In this article, I will talk a little about the different types of loans you can use to buy a house. The first is the fix or conventional loan These loans are set at a fix interest rate…

  • A Few Pros and Cons of Buying A New Track Home

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    Here are a few pros and cons of buying a new track home You are ready to buy a home for you and your family, and you may be thinking, should I buy a new track home or in older home. Let go over a few pros of buying a new track Home 1. A newly…

  • What to look for in a Neighborhood

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    What to look for in a Neighborhood when buying a home. When you start looking to buy your first or second home, you should start by knowing what you can afford to buy, the next step is where to buy? Now that you know what you can afford and the area you what to buy…

  • Avoid Real Estate Lawsuits

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    Avoid Real Estate Lawsuits, when selling a house in California If you are selling a house in California, you need to be aware that you can get sued. For example, you sell your house and later the buyer claimed that you didn’t disclose an issue with the foundation of the house which you had no…

  • California Real Estate Laws in 2024

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    California real estate laws in 2024 are set to focus more on environmental sustainability. This means that new constructions will have to meet certain green building standards to help reduce carbon emissions and promote a more eco-friendly approach to housing. Like, California, requiring all new homes will have to be all electric by 2026. Yes,…

  • Proposed Assembly Bill 1840

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    What is the proposed Assembly Bill 1840? California has money to help first time buyers to own a home, it is called, The Dream For All Shared Appreciation Loan. The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers to be used in conjunction with the Dream For All…