Blog Archives

What Does Mortgage Encompass in Real Estate Transaction?

What Does Mortgage Encompass in Real Estate Transaction? Purchasing real estate, residential or commercial, most often requires large sums of money. While potential purchasers might borrow from family and friends to consummate the transaction, financial institutions such as banks, loan associations and credit unions are the common sources
Posted in Real Estate

Residential Real Estate Recovery Remains Elusive

Residential Real Estate Recovery Remains Elusive The latest data on the residential real estate does not provide a rosy picture. In fact, the data indicate, overall, housing inventories rose for the eighth consecutive month in August of 2010. Let us explore the data further for more
Posted in Real Estate

How Could You Obtain Lower Mortgages Now?

How Could You Obtain Lower Mortgages Now? Real estate market is still undergoing a strategic metamorphosis. In fact, many home prices are still depreciating further and apparently, we have not yet hit the bottom. This creates an auspicious opportunity for people who can afford to purchase homes
Posted in Real Estate

When Should You and Should Not Refinance?

When Should You and Should Not Refinance? Some homeowners may think refinancing to a lower rate is always the best idea. Let us analyze when you should refinance if you can, and when you should not do so. 1. REFINANCE, IF YOU CAN In fact, you should
Posted in Real Estate

What Does Escrow Encompass in Real Estate Transactions?

What Does Escrow Encompass in Real Estate Transactions? Many real estate transactions, to some extent, involve escrow. In fact, escrow is a term often used but not often delineated. Let us further educate ourselves on what escrow entails and how we could intelligently and prudently exploit it in
Posted in Real Estate

Real Estate Outlook Gloomier As Lenders Further Tighten Lending

Real Estate Outlook Gloomier As Lenders Further Tighten Lending Residential and commercial real estate markets are bedeviled by recurring woes despite rather reasonable expectations for the markets to restore to relative normalcy by now. In fact, the predominant practice of borrowing ONLY to a very elite and selected group
Posted in Real Estate

Are Jumbo Loans Making a Real Comeback? Not Really

Are Jumbo Loans Making a Real Comeback? Not Really Some of the latest data suggest lenders might be loosening their spigots when it comes to jumbo loans. Nonetheless, problems still abound for borrowers of such loans, ranging from relatively large down payments to slow processing times, to name a
Posted in Real Estate

Getting a Mortgage for Your House

While some people can afford to buy their house and pay for the price of the home using their own savings and help from family/friends, most individuals in California must go to the bank and receive a loan for the
Posted in Real Estate

What to Look For in Mortgage Documents Before Signing

What to Look For in Mortgage Documents Before Signing What to Look For in Mortgage Documents Before Signing Often potential home buyers are inundated with documents to sign at the last minute. Fearing they might lose their dream house or the favorable annual percentage rate, potential homeowners just sign
Posted in Commercial Leasing, Homeowners Association Law, Real Estate

Representations & Warranties In Contracts

Representations & Warranties In Contracts Representations & Warranties In Contracts are among contractual mechanisms used to allocate risks between the parties. Representation is a statement of fact intended to induce reliance and action by a party to a contract. Warranty, on the
Posted in Real Estate