If you’ve ever looked into getting a mortgage, you’re familiar with the term PMI. But how much do you know about it? Do you know what it stands for? What it is? How to avoid it? Let’s dig into PMI and how it impacts real estate transactions.
You’ll hear the Chicken Little’s talking about it – “The bottom’s falling out!”; “It’s 2008 all over again!”; “Here comes the bust!!”. What are they talking about? The real estate market, of course. And like all things Chicken Little, there’s a lot of drama and hyperbole, but maybe a tiny grain of truth. So, are we in a Buyer’s Market?
In my conversations with Darren Wallace, my favorite Fiduciary, we covered a lot of topics. Two areas I wanted to make sure I discussed with him are what tips he has for people planning their trusts/estates, as well as what red flags he has for family members to keep an eye out for. Darren has some great suggestions and guidance.Read More
Good news this week that the loan limits for a conforming loan is increasing for 2019. It’s worth understanding what conforming loans are, what the changes are and how it may impact buyers in our real estate market.
A couple of weeks ago, my sister had to evacuate her home. At 2 in the morning. The Woolsey Fire had jumped the 101 right down the street from her family’s home, and it was time to get out. I’m happy to say that in the end, after 5 days of evacuation, they and their home were just fine. But there were a lot of emergency preparedness lessons learned during this time that are worthy of sharing.Read More
Theoretically, we’re approaching the rainy season here in the Bay Area (which we’ll hopefully have plenty of this year!) But while it’s still sunny and dry, it’s a great time to think about the drainage around your home and how to keep your foundation, in particular, protected from water.
Three key areas that you should focus on at this time are your gutters, your downspouts and underground drainage systems (typically French Drains).Read More
When my Dad was in rehab after open heart surgery, one of his biggest questions was “when can I drive again?” It struck me that, with everything else he had going on, getting back behind the wheel was practically his top priority. Why? Because driving equals independence and freedom. Remember when you first got your license and you would go for long drives without much purpose, just to be out on the road? The possibilities were infinite!Read More
If you’ve been to an open house in the last decade, you’ve definitely heard someone ask “Is this home staged?” Or maybe it’s just the definitive “This must be staged!” But how well do you really understand what home staging is and why it may make a difference in the sale of your home?
What is Staging?
Quite simply, staging is preparing a home to go on the market. When you stage, you want to make the home as appealing as possible to as many prospective buyers as possible. This helps a Seller to garner the highest possible price on their sale.Read More
Let’s be honest, the home buying process can be completely overwhelming. There are so many aspects that go into it, and even more paperwork that needs to be done. Who wants to add one more thing to explore or another thing to sign? While wanting to be “done” can be a strong desire, be sure to make room in your process for one last important thing – a home warranty.