As a Buyers’ agent, I interact with a lot of first time home buyers who are just entering the real estate market and have never worked with a Realtor before. In addition, I come across a fair amount of people who have spent time working with another agent and have come away empty handed and frustrated. If you fit into either of these groups, it might benefit you to have a clear understanding of what to expect when you work with a real estate agent. Continue reading
Buying a Condo
Buying a condo can be an attractive alternative to a single-family home, especially for first time home buyers with a smaller budget or working professionals who don’t want the maintenance of a larger property. Condos may offer buyers more square footage for their money, and often provide additional amenities like an onsite pool or gym. However, if you are considering buying a condo, it’s important that you understand the responsibilities that come along with being a member of a Homeowner’s Association, and that you are aware of some common issues that might come up during your escrow. Continue reading
How Low Appraisals Effect You
Unless you’ve been living on a desert island for the past six months, you’ve probably already heard the positive news about the LA housing market. Prices are steadily rising, inventory is low, and bidding wars abound. The word is out – now is the time to buy! Unfortunately, the downside to this sudden market turnaround is that buyers are becoming more and more familiar with a pesky issue that has been plaguing the market all summer – the low appraisal. Continue reading
Buying an REO
Buying a home that has been foreclosed can sometimes be a great way to save some money and get into a neighborhood that you couldn’t otherwise afford. However, if you are interested in buying a bank owned property, there are a few things you should know first about the offer and escrow process. Continue reading
The Truth About Short Sales
Thinking of buying a short sale? Good luck! Here are some things you need to know ahead of time: Continue reading
Surviving Escrow: A Buyer’s Guide
Starting the home buying process is always exciting – you get to see lots of cool houses and imagine your life from a totally new viewpoint. But let’s face it: being in escrow is probably one of the most stressful 30 days periods of your life. Many buyers have no idea what they are responsible for doing during escrow and are not aware of the common issues that might arise. Continue reading