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Just SOLD in El Sereno 5BR
Large 5BR/2BA home with views, deck, yard, off street parking,newer air/heat unit, electrical panel |
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Five factors to weigh before renting out your home
Q: I have a house that I don't want to sell right now, but I would like to move and am thinking of renting the house. I hear terrible stories about renters, in which they destroy the property and don't pay the rent. What have you heard? Are there any experiences that can be shared?
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Five building permit issues you can't ignore
It's a good idea to check the building permit record on a home you're planning to buy before you remove your inspection contingency. Although buyers are advised to take this important step, many don't. This can result in unpleasant consequences.
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Pay to prepare your loan mod package
While some borrowers are capable of handling a mortgage modification on their own, others need help. Unfortunately, as with all disasters, scammers have emerged to feed on the afflicted by collecting fees for services they promise but don't deliver.
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CALIFORNIA ASSOCIATION OF REALTORS®
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Rebecca Alvarado Broker Associate, GRI, E-Pro
REALTOR®
Prudential California Realty
540 South Lake Avenue
Pasadena,
CA
91101
323.240.9219
626.685.1131
Contact Me
Visit My Web Site
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Mortgage payoff in a divorce
DEAR BENNY: My wife and I are in the process of getting a divorce. I am prepared to give her the family home so that our children will not be disrupted any more than they already are. I know that our mortgage lender will not relieve me of our joint obligation to make the monthly payments, but hopefully that will not be a financial problem for us. We have been advised that a lender can use the "due on sale" clause in the mortgage documents to block this transaction. Can this happen? --Tom
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Who's responsible for defects discovered after closing?
Home buyers who buy during the dry season can be in for an unpleasant surprise when the roof leaks or the basement floods after the first rain. Who is responsible for damage caused by water intrusion and for making the necessary repairs to prevent it from happening again?
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Don't overpay for title insurance
Many refinancing borrowers continue to overpay for title insurance because they don't know enough to ask. Not everyone is eligible, however.
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Real estate tips to guard against losing your home
Time and time again, home-buyer wannabes state that the reason they are still fence-sitting is that they don't want to end up in the same trouble the last generation of homeowners did.
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NAR: 2012 home sales will be strongest in past 5 years
The NATIONAL ASSOCIATION OF REALTORS® is predicting existing-home sales will jump 7 to 10 percent in 2012 to the highest level in five years, based on an "uneven but higher sales pattern" so far this year.
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Four ways online real estate valuations fail
Q: Knowing that I would be selling my home, I have been following price ranges for comparable properties to my home on a couple of major real estate websites. Now that I am ready to list, all the agents I've talked to say that the websites are so out of line that their recommendations are worthless. What a shock!
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