The Real Estate Transactions

April 23, 2022

California Real Estate Disclosure Requirements

 

 

 

California Real Estate Disclosure Requirements:

Federal laws only dictate the requirement for disclosing the presence of lead paint. Otherwise, disclosure laws are established by the state.

 

In California, sellers must provide a Transfer Disclosure Statement (TDS) to any potential buyer whose offer has been accepted. This ...

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Jan. 10, 2022

The Differences Between a Real Estate Agent vs. a Broker vs. a Realtor

The terms are often used interchangeably, but they aren't exactly the same

Planning to buy or sell a home? There's a good chance you'll work with a real estate agent, broker, or Realtor. Though all of these real estate pros are licensed to help you buy, sell ...

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Jan. 9, 2020

5 TACTICS TO HELP GET YOUR NEGOTIATIONS OFF DEAD CENTER AND INTO A CONTRACT

 I must break you,” Ivan Drago told Rocky Balboa in “Rocky IV." (Spoiler: He didn't.) It’s the exact sentiment you may feel while staring at your dream home, thinking about its sellers, and pondering what to do when negotiation talks go cold.

Now you might not be ...

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Dec. 26, 2019

WHAT ARE CONTINGENCIES, WHAT ROLE DO THEY PLAY & HOW TO WORK WITH THEM IN A REAL ESTATE TRANSACTION

Let’s Explore the role of Contingencies in a Real Estate Transaction in California

 

What’s a contingency? In the formal definition, a contingency is “a provision for an unforeseen event or circumstance.” In real estate, this means that the offer is contingent on a certain matter happening — it will ...

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Dec. 19, 2019

FINALLY A FULL EXPLANATION OF WHAT ESCROW IS AND DOES PART 3 OF 3

 

Here is the final installment of our series on Escrow in a Real Estate Transaction

 

What to look for in an escrow company 

Online security is one of the most essential elements in an escrow transaction since it involves one of the biggest purchases of most people’s lifetime ...

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Dec. 17, 2019

FINALLY A FULL EXPLANATION OF WHAT ESCROW IS AND DOES PART 2 OF 3

 

Here is part 2 of our 3 part series of What is Escrow and What it Does

 

What factors are involved during the escrow period?

  • Various parties must perform due diligence to assure all elements are acceptable so the loan can be funded.
  • The elements during an escrow ...
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Dec. 11, 2019

FINALLY, A FULL EXPLANATION OF WHAT ESCROW IS AND DOES PART 1 OF 3

 

 

So, you’ve found the home of your dreams. You obtained a pre-approval letter from a mortgage lender. The seller has accepted your offer. You’re practically home-free, right? Not so fast. There’s still one step left in the home buying process: escrow.

Escrow is easy to define. But reaching ...

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