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All cash purchase vs. mortgage loan

Dear Michael: We are buying a home with 100 percent cash (no loans).  What is the advantage for us and seller by not getting...

Waiting for additional offers is seller’s choice

Dear Michael: My home is in escrow and my agent is telling me that I have to have a carbon monoxide detector present in...

Grant Deed Vs Quitclaim Deed

Dear Michael: My neighbor has agreed to sell to me his undeveloped lot adjacent to my home.  We will handle this transaction ourselves. Which...

Zoning can affect property value

Dear Michael: we are purchasing a home. The escrow officer tells me that as part of the closing steps we need to record title...

Seller can withdraw from sale as long as counter offer has...

Dear Michael: I am interested in buying a home. Should I allow the listing real estate agent to represent me as well? Answer: What you are...

Cut-off time for 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...

Buyers need to be creative in current market

Dear Michael: I am trying to purchase a home but I keep on facing multiple offers and losing out. Is there anything I can...

Seller at fault for not fixing panel as agreed

Dear Michael: We closed escrow on our new home and the seller did not replace the electrical panel as agreed by our request for...

The best way to hold title for husband and wife

Dear Michael: What is the difference between holding title as “Community Property” and “Community Property with right of survivorship?" Answer: Spouses (and only spouses) may...

Three offers are better than none

Dear Michael: Is there such a practice as a realtor buying my property and representing me in the sale of another? Answer: There are realtors...