Suing Over Sale 30 Years Ago

Suing over sale 30 years ago   am always amazed what people will do. A recent case struck me as borderline insane. Our clients were given a piece of property in the Sierra foothills by their folks in 1954. This was done in celebration of our client’s first child. The parents had owned the property…

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Don’t Cut Corners In Choosing Real Estate Agents

Don’t cut corners in choosing agents recent e-mail message I received illustrates a point made by one of my secretaries for years: “When you pay peanuts, you get   monkeys.” The e-mail reads: “I found a buyer for my condominium in San Jose, and I asked an independent agent (he is a loan broker as…

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The ABC’s Of Buying & Selling

The ABC’s of buying, selling Making good deals requires awareness, information, right agent   o you really need the help of a real estate agent when you sell or purchase a home? How do you find a good agent? What does the seller have to disclose about the property to a potential buyer? Does the…

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Why Inventory & Supply Are Driving The Market

Rising mortgage rates will tame the enthusiasm of some home buyers. But the lack of choice when choosing a home will also hinder buying. Inventory levels are already essentially at a 50-year low. Existing home inventory is hovering at a 13-year low. Total housing inventory at the end of December fell 9.3% to 1.86 million…

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Seasonal Slowdown In Home Prices Boosts Affordability

Seasonal Slowdown In Home Prices Boosts Affordability The seasonal slowdown in home prices has combined with volatile mortgage rates and rising income to give a slight boost to affordability, but the trend from a year ago remains down. Housing affordability is up for the month of September in nationally with and 3 out of 4…

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National Mortgage Rates Decline! 12/12/2013

Mortgage Rates Decline For Second Consecutive Week Mortgage rates declined for the second consecutive week amid recent data showing softening in the housing market. Fixed mortgage rates are at their lowest levels since June. Mortgage rates have stayed down after reaching a four-month low last week, as investors kept their eyes on the Federal Reserve.…

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Intrests rates ready to explode higher?

  Interest rates remained relatively steady this past week, with an slight bias upwards.  However, here we are today on the eve of tomorrow’s July Employment report.  The MBS market is extremely nervous that tomorrow’s new jobs number will hit or even exceed 200K new jobs.  This is evidenced by a run up today of…

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