Blog
Permits for Home Improvement Projects–What’s the Big Deal?
Why should homeowners obtain permits for any remodeling jobs they are considering, and why should buyers care if modifications were done with permits? The most obvious reason has to do with the primary purpose for the permit process, which is to ensure that health and safety codes are met. While there are many jobs that ...
What is a “Walk Score” and Why Does it Matter?
If you have ever noticed a Walk Score rating on listing sheets or advertisements and wondered what that meant, you are not alone! Walk Scores have been around for some time now, but are gaining in popularity and getting more attention by home buyers, investors and tenants alike. In short, a Walk Score is a ...
Summer Fun, Short Sale Legislation, & a Hit to Conforming Loan Limits
Hope you are enjoying the Summer! I took a week off to hike the Grand Canyon, "Rim-to-Rim," (yes, I DID make it without the aid of rescue airlift, raft or mule!), visited family in Chicago, saw many of my clients and friends in July including attending a client’s 40th Birthday Bash, a fabulous Independence Day ...
Great news for those who must short sale their principal residence – CA Governor Brown signs short sale legislation SB 458
Effective immediately home owners' (principal residence 1 to 4 unit properties) balance on any junior liens incurred to acquire, construct or improve their property once the mortgage holder approves a short sale payment must forgive the junior lien and report it as full payment. Simply, junior liens for these homeowners can no longer be served ...
Are You a Veteran? What You Should Know About VA Loans!
A few years ago, virtually NO ONE used the VA loan program. Why? No one needed it! 100% financing was easy to get. Conventional financing advantages outweighed those of the VA program at the time. In fact, many of real estate agents who entered the field as long as 10 years ago had never worked ...
Market Is Great For Buyers, So Why Are So Few People Buying Houses?
A friend of mine just forwarded a great Associated Press article by David Pitt that addresses why, despite interest rates that are slightly higher than the 4-decade low of 4.17%, so few people are buying houses. Pitt says the low prices and rates that should move buyers into action are also the reason that buyers are afraid to ...
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