It looks like a condo, and sometimes get listed as a condominium. However, after looking at the assessors parcel number I new instantly it was actually a planned-unit development. What is the difference? The difference lies in the type of interest or ownership of the land, not in the architectural style of the construction. For example, [...]
Misconceptions Before you say, "I'm going to sell my house" there are some things you should know other than agents just want to earn a commission. It has long been perceived by the public at large that the average real estate agent is a millionaire. People see them driving around in a fancy Mercedes Benz [...]
https://www.youtube.com/watch?v=V1wEqXTj4WE I get this question all the time when I take a listing. When we take a listing contract, in that contract it outlines what are the Real Estate Commissions and the conditions? What are you paying to sell your house? I'd like to clarify this because a lot of people think that whatever is in [...]
Image courtesy of England Exterminating Inc. In 2015, the California Association of Realtors forms used on a majority of every real estate transaction changed causing more arguments between buyers and sellers. Previously, in the California Residential Purchase agreement, there was a check box that specified who would pay for the inspection and that [...]
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% [...]
A recent post by the National Association of Realtors (NAR) revealed that in the months of December 2014 through February 2015, there was an increase in the number of first-time buyers making a down payment of 6% or less as compared to last year: 2014: 61% of first time home buyers 2015: 66% of first [...]
Today, many real estate conversations center on housing prices and where they may be headed. That is why we like the Home Price Expectation Survey. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average [...]
We recently reported that investment purchases in 2014 fell 7.4% for the year, that combined with a diminished supply of distressed inventory allowing for big profits, has real estate investors looking for a new way to make more money in 2015. So if they don’t have new properties to buy… how would they make more [...]
Some Highlights: Even a small increase in interest rates drastically impacts your budget. Securing a mortgage now while rates are still low means you can get more house for your money. Spend your money on your dream home, not on interest. Are you looking to purchase a home? Let us show you how to find [...]
Matthew Rognlie, from the Department of Economics at MIT, recently released a paper:Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth. An article on the study in The [...]
