I get a call at least once weekly from people buying new construction, and they are selling their house now to pay for improvements on new construction. Builders are asking for a large deposit and improvements to be paid long before they close your escrow. I have clients who are closing in February of […]
Life is hilarious! I got harassed by my good friend Patrick at the gym today because he said I looked fat in my video on Tuesday! I thought about how much sugar I have been eating lately and decided I needed to cut back! My Dad is an engineer and could always lose 10 pounds […]
Every spring, we see the same thing: higher prices and some appraisal issues. We just closed on a buyer who purchased a house listed aggressively at $1.595 million and sold for $1.65 million! There were very few comparable sales that supported the 1.595 price and none that supported the 1.65 mil. The appraisal came in […]
What is a Trust Loan, and why would a buyer want to take one out? Assume you have a client whose parents passed away and left the property to the kids in their Trust. The home is worth $1,000,000.00, and one sibling wants to keep it and live in it, and the others want their […]
USDA Loans are becoming useful again now that we are building West of the 5 Freeway again in Valencia. For now, the whole Five Point Area is in the USDA loan area, so get it while it’s available. If you remember, much of Castaic and even Stevenson Ranch were in USDA lendable areas not so […]
