Yes, I’ve always kind of liked Paul Simon. But this post was inspired by something I ran across from FATCO. And just to make certain you know, it’s fifty ways to lose your money if you don’t have title insurance. You don’t want problems from prior ownerships to interfere with your rights to your property. …
Continue reading “Title Insurance, or Preventing Fifty Ways to Lose Your Money”
We live in (A California city). In a 2 bedroom 1 bath home on approximately a 20,000 Sq. ft. lot. It is easily worth 500K to 600K with a current mortgage of $116,000. The mortgage/Title is in the name of my father and his wife 90% and myself and my wife with a 10% interest. …
Continue reading “Issues with Family Transfers of Real Estate”
I saw your article on on Searchlight Crusade about exclusive buyers agents and I have a couple follow up questions pertaining to my own situation that I am hoping you could shed some light on. I don’t have any buyers agent (currently). However I have spotted 2 houses in an area that I think I …
Continue reading “Facts Of Life On Buying and Selling “Without an Agent””
Continued from Part 1: Preparation and Part 2: Process This is about the long term consequences of the decision to buy or not to buy a home, and economic benefits analysis into whether you should want to buy. In order to answer the question of whether it’s better to buy or rent and invest the …
Continue reading “Should I Buy A Home? Part 3: Consequences”
Continued from Part 1: Preparation I am considering buying a home, although I have not made up my mind on the subject. This is not due to indecision, but rather due to a lack of necessary information. There are many factors to be considered in my case, and in order for me to make an …
I am considering buying a home, although I have not made up my mind on the subject. This is not due to indecision, but rather due to a lack of necessary information. There are many factors to be considered in my case, and in order for me to make an informed decision about buying, I …
A search I just noticed asked the question “Who gets the deposit if escrow falls through?” The theory of the deposit is that here is an amount of cash that the buyer is putting up as evidence of their ability to consummate the transaction. This is a good question. I’ve only dealt with real estate …
The majority of the protections that folks have are aimed at helping non-professionals have a chance in the complex and nearly incomprehensible maze that is real estate. The legal presumption is basically that you are a babe in the woods, and can easily be led astray by the fast-talking real estate broker and the big …
Continue reading “Investment Property and Sophisticated Users”
Most people don’t stay in their first house their whole life. At some point, they want to move to a different home. There are several ways to approach the transaction, but you have to decide which way fits you. You can approach it with an idea to maximizing profit, maximizing cash flow, maximizing speed, minimizing …
Continue reading “Buying One Property While Selling Another”
On a regular basis, I see advertisements for real estate offices that say “discount broker – full service”. This is nonsense. A discount broker has consciously chosen a business model whose economics do not permit them to give the same service provided by a full service provider. Here’s the rundown. A discount broker’s listing agreement …
Continue reading “What Type of Real Estate Listing Agent to Choose”
