Our column from the Riverside Press-Enterprise, Oct. 18, 2014: Enduring the passing of a loved one can be difficult and emotionally devastating. Inheriting an upside-down home just adds undue pressure. But as the real estate market has leveled out, should the heirs sell an underwater home, or just let it go to foreclosure? It depends on the answers to the following questions: ...
Our column from the Riverside Press-Enterprise, Aug. 30, 2014: With summer winding down and home inventory on the increase, unprepared home sellers could be in for a long, cold winter. Because when homes aren’t selling in one day, only those that stand out from the competition will attract an offer, much less get the highest possible price. Here are some basic steps to prepare your house for a quick and profitable sale ...
Our column from the Riverside Press-Enterprise, Aug. 23, 2014: When it comes to selling a home, full disclosure is one of the most important responsibilities of the owner. In California, the seller of a residential property (one to four units) is required by law to disclose to a buyer under contract everything they know that might have a material affect on the value or desirability of the property. Everything.
Our column from the Riverside Press-Enterprise, Aug. 9, 2014: Before the death of a loved one, too few people worry about how their estate will be handled. And after someone passes, survivors are often caught off guard by the huge workload and heavy responsibilities. For those left to navigate the complex and thankless probate process, here are some answers to common questions for executors and administrators of an estate.
Our column from the Riverside Press-Enterprise, Aug. 3, 2014: If a house is priced attractively, or if the real estate market is hot, buyers can end up competing for the same home. It’s not unusual in the Inland Empire for more than one buyer to make an offer on the same property. And in those “multiple-offer” situations, the rules, and strategies, change.
Our column from the Riverside Press-Enterprise, July 27, 2014: The lending rules are getting tougher for anyone who has completed a short sale. Fannie Mae, which sets the guidelines for most conventional mortgages, has increased the waiting period to four years after a short sale to qualify for a new home loan.
Our column from the Riverside Press-Enterprise, July 20, 2014: It’s the paradox of the “as-is” home sale. You want a hassle-free transaction, but you may be delaying the sale and killing your bottom line. If you want to sell your Inland Empire home for the highest price in the shortest period of time, you shouldn’t let a buyer in to find a bunch of problems.
Our column from the Riverside Press-Enterprise, July 12, 2014: When you hire an agent to list, market and sell your home, you can expect to sign a listing agreement and home disclosures. The disclosures are not negotiable, but the listing contract terms are. Before you sign on the dotted line, make sure that you have discussed with your agent and agreed on the main listing contract terms. It could save you time and heartache later.
Our column from the Riverside Press-Enterprise, June 29, 2014: Home sellers would be surprised just how much damage they can do to their bottom line with just one slip of the tongue. Seemingly innocuous questions can reveal critical information and give a buyer the leverage they need to downgrade their offer.
Our column from the Riverside Press-Enterprise, June 21, 2014: Buying a house is much like building a house: Each has a deliberate sequence of steps that, taken out of order, could undermine the stability of the deal. Fortunately, it’s an easy path to follow, if you know the way. Here is a quick summary of the Home-Buying Process, start to finish: