Tag: Get Real About Real Estate
Reverse Mortgage is a good option when retiring
Dear Michael: Can you let me know what are the advantages and/or drawbacks with regards to a reverse mortgage? I am getting a lot...
Condo’s Special Assessment is disclosed in the board’s meeting minutes
Dear Michael: We are in escrow on a condo, how can we find out if there are any pending special assessments?
Answer: When purchasing a...
Title search should be done on all properties
Dear Michael: I am closing escrow in two weeks and the tenants whom are occupying the property are moving out on the day we...
The importance of using a knowledgeable realtor
Dear Michael: We purchased our home two years ago in a Culver City zip code. At the time we were told by our real...
Understanding appraisal contingency removal
Dear Michael: I am renting an apartment and my lease is set to expire at the end of July. My landlord has informed me that...
Square footage should be calculated by a licensed appraiser
Dear Michael: I signed a listing agreement, but am having second thoughts about selling. How do I cancel my listing? And will it cost...
Property should be spruced up when listed on the market
Dear Michael: My mom passed away and I am putting her house on the market. My Realtor wants me to get rid of most...
FHA loan approval not for all homes
Dear Michael: I am selling my home and received an offer from a buyer with an FHA 5% down payment. My house is in...
Cancellation of escrow
Dear Michael: We are purchasing a new home and closing escrow next week. We have found issues with the home that were not disclosed...
Landlord must give 60-day notice to terminate lease
Dear Michael: I am renting an apartment and my lease is set to expire at the end of July. My landlord has informed me...
