In today’s market, I am seeing more and more buyers ask for seller credits, closing cost credits, rate buydowns, temporary buydowns, and, in some cases, even structuring the buyer’s agent commission differently. These are not all the same thing. Some strategies help a buyer ease into the payment. Some reduce the cash needed to close. […]

I am not big on writing about interest rates. Still, I do like to give my opinion occasionally, especially when I think it helps bring some clarity to what buyers, sellers, and agents are feeling in the market. The past few months have been rough on rates. We have seen interest rates spike, and for […]

I wanted to bring up something for anyone serious about their real estate business. Neal Weichel will be speaking next week on the state of the market, and the event will be held right here in the conference center in Suite 305 in our office building. RE/MAX is sponsoring the event, and lunch will be […]

I was talking with a client yesterday who is going through a divorce, and it reminded me of something I think more real estate agents should be paying attention to. The client owns a property in the San Fernando Valley worth a little over $1 million. They owe about $200,000 on it. There is a […]

It has been an interesting week so far. Some highs, some lows, and only three days have passed.  I wanted to clarify a few points about non-warrantable condos quickly and also touch on Synergy Investor Group one more time as we get close to the end of our Tranche #1 raise. On the condo side, […]