When is the Best Time to Buy or Sell a Home?
A client asked me, “When is the right time to buy?” This is a very interesting question, and goes hand-in-hand with the question, “When is the best time to sell?” Over the years there have been theories about winter, or spring, or fall. Growing up in Canada, where...
Termites!
Termites! I got a question from a Realtor today asking if the termite company doing the work on a condo was “VA approved”. This is a really good question. Most people think the VA and FHA have to approve of everything but they DO NOT. Great news. The VA has no...
A Self-Employed Person Cannot Buy an Investment Property.
A self-employed person cannot buy an investment property. FALSE! While many banks shy away from lending to borrowers who “write-off” all their income, commercial lenders for 5+ units are looking for the building to be self-sustaining and look to the borrower for good...
Why You Need Title Insurance Even If You Are Paying Cash…
Could you afford to lose a $100k cash or more on an investment? I had a client who told me about a “great deal” they received on a home they purchased in Palos Verdes. The sellers “wanted out” and sold the house for only $100,000 when it was worth $550,000. The...