2020-11-11 04:02
Just for fun to end this resource, here are a collection of real estate jokes, one-liners, and humorous anecdotes!
Real Estate One Liners
This country is great. It’s the only pla… Read More
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Glendale, Woodland Hills, Pasadena, Santa Monica, & Newport Beach California Homes For Sale - REOs, Foreclosures, & Short Sales.
2020-11-11 03:59
Acceleration Clause – A part of a loan agreement that allows the lender to demand payment in full immediately if certain things happen (such as borrower default).
Example: If a borr… Read More
2020-11-11 03:56
Your
offer has been accepted and the goal is now to get escrow opened and closed.
This is not as simple as it seems. Many real estate transactions get to this
point but never end up closing… Read More
2020-11-11 03:54
If you
have already put in a few offers on real estate, you are ready for this chapter
because you have probably received some counter offers from the sellers.
Counter offers are responses t… Read More
2020-11-11 03:52
Now that you’ve found a property, or several properties that fit your investment criteria, it’s time to make an offer. Making an offer is not as straightforward as you would thin… Read More
2020-11-11 03:50
“Beware of little expenses; a small leak will sink a great ship.” Benjamin Franklin
By now you’ve built your real estate team, learned how to research the area, and le… Read More
2020-11-11 03:48
“Do what you can, with what you have, where you are.” Theodore Roosevelt
You’ve come a long way in the investment process and have hopefully learned many of the skills… Read More
2020-11-11 03:45
In California, if you hear someone say they have a mortgage, they probably have a Trust Deed or Deed of Trust. A Deed of Trust is used in California in lieu of a mortgage when financin… Read More
2020-11-11 03:42
Although distressed sales (REO’s, Bank Owned, Foreclosures and Short Sales) can be sexy buys, many people still have a negative perception of them. It’s important to understand t… Read More
2020-11-11 03:40
Now
that you know short sales, let’s get you up to date on the other popular
distressed sale, REO’s.
What is an REO?
REO
stands for Real Estate Owned. This means it is real… Read More
2020-11-11 03:38
It’s likely that during your real estate research, you came across the phrase “short sale” or “short pay”.
What is a Short Sale?”
A Short
Sale or Sh… Read More
2020-11-11 03:35
Purchasing a fixer upper can be a great way to enter into a property with equity from day one. Fixer uppers are essentially other people’s problems that you’re dealing with, whic… Read More
2020-11-11 03:33
A contingency is something that must happen for something else to happen. In real estate, a common example is a mortgage loan contingency which means the buyer must be approved for loan or t… Read More
2020-11-11 03:32
An HOA can be deal breaker for many properties. Not all HOAs are created equal and it’s important to perform your due diligence about the solvency of the particular HOA for any propert… Read More
2020-08-09 14:43
A home inspection is a thorough visual inspection of the property. ALWAYS do one when purchasing an investment property and make sure it’s by a neutral, third-party, professional… Read More
2020-08-09 14:22
Escrow Companies are an independent 3rd party to a transaction that essentially oversees and monitors the contractual agreement. They also hold the funds in an independent Escrow Trust Accou… Read More
2020-08-09 14:18
When it comes to fixed rate home loans, it’s obvious that the lower your interest rate, the better, but just how much of a difference can a quarter point make? How much long term savin… Read More
2020-08-09 14:12
Mortgage insurance is an insurance policy that protects a lender if the borrower defaults on payments, passes away, or is unable to meet the contractual obligations of the mortgage. If a bor… Read More
2020-08-09 14:08
“None of us is as smart as all of us.” Ken Blanchard (American author and management expert)
A
football quarterback is nothing without his offensive line. Any good
quarterbac… Read More
2020-08-08 15:36
“Don’t stretch yourself too much with a mortgage. Buy within your means.. it’s not worth the sleepless nights.” Sarah Beeny
Setting your investment criteria is on… Read More
2020-08-08 15:30
If you’re in the market for a home, you must understand the differences between a Fixed Rate and an Adjustable Rate Mortgages and what those differences mean to you.
What is a Fixed… Read More
2020-08-08 15:26
“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.” Warren Buffett
What does a loan officer do?
Th… Read More
2020-08-08 15:19
We’ve seen a lot of transactions close, but we’ve also seen a lot of transactions fall apart at the 11th hour. The thing that we’ve seen cause the most transactions to be c… Read More
2020-08-08 15:15
“I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They’re consuming real estate, not investing in it.&rdq&hell…Read More
2020-08-08 15:08
Throughout this resource, we’ll be talking a lot about the How To’s of real estate investment, but first we want to talk about the Why’s of property ownership. There are m… Read More
2020-08-08 15:03
“The small landholders are the most precious part of a state.” Thomas Jefferson
Introducing Real Estate Investing Crash Course: A Beginner’s Guide To Purchasing Yo… Read More
2013-10-21 16:00
Designed by Reworks ArchitectureGuest post by H. Hudson Homes
Shopping for a new home is exciting and overwhelming at the same time. Whether you’re in the market for new modern homes o… Read More
2013-08-20 15:20
Tim RichmondGuest post by Tim Richmond
Signing a mortgage is one of the most exciting times in life. For one, it represents a moment of financial stability and job security. It often coincid… Read More
2013-07-22 16:00
Steve Stewart
Guest post by Steve Stewart of Landscape East & West
That old adage to avoid judging a book by a cover is rarely followed. People can’t help but make judgments accord… Read More
2013-07-22 16:00
Steve Stewart
Guest post by Steve Stewart of Landscape East & West
That old adage to avoid judging a book by a cover is rarely followed. People can’t help but make judgments accord… Read More
2013-05-29 16:00
Guest post by Viridian Reclaimed Wood
Hardwood has always been an attractive feature in a home. Who doesn’t like gorgeous hardwood flooring? As design trends turn green, more homeowner… Read More
2013-05-28 16:00
Jim KabelGuest Post by Jim Kabel
Before embarking on any home improvement project, it is important to consider a project’s potential return. Luckily for homeowners, there are a number… Read More
2013-02-06 17:00
Photo Credit to Rick’s FencingWish you had more space to hang out and entertain at home? Instead of building an expensive addition to a new or existing home, consider migrating outside… Read More
2013-01-02 05:13
December capped a strong year in 2012 for Pasadena. There were 85 single family home sales in Pasadena during Dec 2012, an 8% increase from last month and a 12% increase from Dec 2011. Cond… Read More
2013-01-02 05:13
A Big year for Santa Monica just ended. Santa Monica saw a huge increase in condo sales in December 2012, up 125% from Dec 2011 and 50% from last month. There were 36 condo sales with an a… Read More
2013-01-02 05:13
Slow month for Newport Beach compared to November 2012 with 51 single family home sales, down 9%, and 13 condo sales, down 24%. The average price of a single family home sold in Dec 2012 inc… Read More
2013-01-02 05:13
2012 was a great year for Glendale real estate. Glendale saw a 21% increase in single family home sales from 48 in Nov 2012 to 58 in Dec 2012. Condos saw a 43% increase during the same peri… Read More
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