Category: Real estate article

It soon will be 2024 and many will be setting their goals and making their plans for what they are going to do and how they are going to get there. The sad part is that many will fail to keep their goals and give up on their plans within months of the new year.…

Wow, I Did Not know That. The house in the movie,”A Christmas Story” is an actual house that you can book an overnight stay and it is located at 3159 W 11th street, Cleveland, Ohio. Yes, Christmas is just about here, and before you know it will be a new year, and we will be…

California Energy Law Will Cost Landlord and Tenant More Money California’s energy laws can cost more money in the form of higher utility bills and increased rent costs. California is said to be a leader in energy efficiency, which often means that landlords must make upgrades to their properties to meet updated standards. Those upgrades…

Fed’s met and decided to hold off on raising the interest rates, so what does that mean to the real estate market? The news that the Federal Reserve is holding off on raising interest rates could have a positive impact on the real estate market by allowing buyers to adjust to the higher rates that…

What do I think about today’s real estate market in California? As you know, I sell real estate in Southern California and as a reader of my newsletter, I have given my opinion on different parts of what happening in the real estate market. And  at this time, it does not look good for buyers…

Should you buy or sell a house in California in the winter? It is getting close to the end of the year; winter and the holidays are nearly here. The interest rates are high and may even go higher, and home sales are following. If you are thinking of buyer or selling, what should you…

Should you buy a house or wait, and that’s not an easy question to answer? Should you buy a house now or wait? There are many factors to consider when you are looking to buy a house in any market. In general, if you can afford the monthly mortgage payment and have a good down…

California landlords be aware, anyone that is an owner of real property, that is leased or rented to another person or entity. Presently, if you rent or lease a property to a tenant, you can ask for upfront one month rent and one month security deposit if unfurnished and one month rent and 2 months…

What is earnest money, and how does earnest money work? Earnest money is a deposit made by a buyer to demonstrate their good faith in a real estate purchase agreement. The earnest money is typically held in an escrow account managed by the seller’s or buyer’s real estate agent in California or an attorney in…

Real Estate low inventory and high demand The real estate market is currently experiencing a period of low inventory and high demand. Homebuyers are facing stiff competition for available properties, leading to rising home prices in many areas. To address this problem, some lenders are offering incentives and the state and many cities are offering…

Because of its importance’s I am reposting my article on the Attack on Proposition 13 Attack on Proposition 13 They’re at it again and trying to find a way to remove Proposition 13. If you don’t know and if you have never owned a home, condo or townhouse, Proposition 13 holds the taxes you pay…

What is mortgage insurance and can it be removed? When you put down less than 20% down to purchase a home, the lender is going to require mortgage insurance. This insurance is to protect the lender from losses if they have to foreclosure on the property. What are the rules on removing mortgage insurance (PMI)…

Attack on Propositions 13 They’re at it again and trying to find a way to remove Proposition 13. If you don’t  know and if you have never owned a home, condo or townhouse, Proposition 13 holds the taxes you pay on that property to the amount you paid for the property when you bought it,…

Non-conventional financing, what is it, and how can you use it to buy a house? Let’s go over a few of these mortgages and what they are. Non-conventional mortgage loan A non-conventional mortgage loan, sometimes referred to as a “non-conforming” mortgage loan, is a type of loan that does not conform to the rules and…

How Many Ways Can a Home Buyer Buy a house? There are many different ways for a home buyer to purchase a house. They include cash, conventional mortgage loan, government-backed mortgage loan, FHA loan, VA loan, jumbo loan, adjustable rate mortgage (ARM), reverse mortgage loan, owner financing, or a lease with an option to buy.…

Real Estate, Should You Buy or Should You Rent? Believe it or not, the answer to this question depends on the individual’s situation. Factors such as location, market conditions, and personal preferences play a role in determining whether it is better to own or rent a house. Ultimately, it is up to each person to…

What happens if a seller refuses to move after the sale? If an owner sells a house in California and needs to move, and does not, what can you do? 1. Discuss options for selling the house with the real estate agent/ broker that is handling the sale, focusing on the timeline and process. 2.…