Do you think that only inexperienced real estate agents are taken in by property scammers? The rapid rise of property scams in California suggests otherwise. Even experienced agents may need to re-evaluate how they vet clients. These scams often involve vacant land,...
It doesn’t feel reassuring to see a real estate listing advertising a 1.5 bath condo, and then see in the property details that there are “1.1 bathrooms.” This is frequently confusing for buyers, and is something real estate agents have to clarify...
The more you search for the difference between title theory and lien theory online, the less you’ll know. If you search for whether your state is a lien theory or title theory state, you’ll find an equal number of articles saying it’s lien theory as...
Even if a property is not part of a Planned Unit Development (PUD), it may have to be defined as such for loan approval. This is because Fannie Mae, the government-sponsored enterprise that purchases mortgage loans, defines PUDs completely differently than local...
Most articles on condominiums and special assessments are about how to avoid them. It’s easy to think of condominium special assessments as an unexpected disaster that happens to people who don’t do enough research before buying. There is truth to this;...
Math and Emotion For the first time in four years, the Federal Reserve increased its target interest rate in March. Though this was widely expected, the drama was intense. Former Home Depot CEO Bob Nardelli said that the rate hike will have a “devastating...
