The latest data on the residential real estate does not provide a rosy picture. In fact, the data indicate, overall, housing inventories rose for the eighth consecutive month in August of 2010. Let us explore…
Real estate market is still undergoing a strategic metamorphosis. In fact, many home prices are still depreciating further and apparently, we have not yet hit the bottom. This creates an auspicious opportunity for people who…
Some homeowners may think refinancing to a lower rate is always the best idea. Let us analyze when you should refinance if you can, and when you should not do so. 1. REFINANCE, IF YOU…
Many real estate transactions, to some extent, involve escrow. In fact, escrow is a term often used but not often delineated. Let us further educate ourselves on what escrow entails and how we could intelligently…
Residential and commercial real estate markets are bedeviled by recurring woes despite rather reasonable expectations for the markets to restore to relative normalcy by now. In fact, the predominant practice of borrowing ONLY to a…
Some of the latest data suggest lenders might be loosening their spigots when it comes to jumbo loans. Nonetheless, problems still abound for borrowers of such loans, ranging from relatively large down payments to slow…
While some people can afford to buy their house and pay for the price of the home using their own savings and help from family/friends, most individuals in California must go to the bank and…
What to Look For in Mortgage Documents Before Signing Often potential home buyers are inundated with documents to sign at the last minute. Fearing they might lose their dream house or the favorable annual percentage…
Representations & Warranties In Contracts Representations & Warranties In Contracts are among contractual mechanisms used to allocate risks between the parties. Representation is a statement of fact intended to induce reliance and action by a party to…
