This chapter analyzes redundant charges imposed on buyers and sellers for the basic services necessarily rendered by lenders, escrow companies and title insurance companies to earn the primary fee they charge. The hidden costs surrounding a loan A homebuyer’s obligation to close escrow on a purchase agreement is typically conditioned by a contract provision requiring [...]
In a seller’s market, an owner could throw on a fresh coat of paint, leave much-needed repairs unfixed, and still command up to four times the amount put into the house. Those days are over. In our current buyer’s market, brokers and agents need to make sure that their sellers understand that in order to [...]
The following is an index of articles published on the first tuesday Online Journal during the last 12 months. These are my latest 483 posts in the category “Journal Articles” (and subcategories):- Why shouldn’t we hate Wall Street?- Sticky prices, tricky situation- Here’s to 2012: a first tuesday realty forecast- The Top 30 Brokers in [...]
Q: In Southern California, it is the buyer and not the seller that orders the home inspection report. However, your texts indicate the seller should be responsible for ordering it. Why the discrepancy? While we are aware that agents and brokers are trained to wait for the home inspection report to come from the buyer, [...]
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