6 Jul 2023 7/6/23 – Rates are up – Election year ... You will hear some rumblings in the next few days about rates being at their highest levels since last October, and those rumblings are true. The other side of the coin is that properties are still getting bid up, and we still lack inventory which will likely continue to push prices even higher. Interest rates […] Share on Facebook Share on Twitter
30 Jun 2023 6/30/23 – Condo Insurance Issues I have been in this industry for over 33 years and have never had so much fun! Well, more fun started this week with some insurance issues in Condominium complexes! We have underinsured condos and townhomes in West Creek/ West Hills here in the Santa Clarita Valley. They are not vastly underinsured, as they have […] Share on Facebook Share on Twitter
27 Jun 2023 6/27/23 – No Rent Control on an SFR! Inflation has hit all of us, and it’s no different, no matter where you are. Some can handle it financially, while others are struggling. I get calls every day from hardworking people, and their rent went up, their insurance went up, etc. I talked with a client yesterday for about 30 minutes, and they make […] Share on Facebook Share on Twitter
22 Jun 2023 6/22/23 – Can you use income from an ADU? I had a deal come across my desk yesterday that was in escrow for 21 days, and the lender could not get the buyer qualified. The Agent called me thinking we could use ADU income, and she was right! The other lender swore up and down that they could not use the income from the […] Share on Facebook Share on Twitter
21 Jun 2023 June 21st, 2023 Do you ever go through a whole Tuesday and think it is Monday? I did that yesterday and remembered that I must write my Tuesday blog! Congratulations are in order as Santa Clarita is now the number one city in America for credit card debt and also number one in increasing credit card debt […] Share on Facebook Share on Twitter