Amy Perry | firsttuesday Journal

As mortgage interest rates rise, concessions return

Posted by Amy Perry | Dec 12, 2022 | Buyers and Sellers, Finance, Interest Rates, Loan Products, Mortgages, Real Estate

Buyers looking to recoup lost purchasing power are dusting off old strategies to secure a more comfortable monthly mortgage payment.

Form-of-the-Week: Equity Purchase Agreement and Equity Purchase Agreement with Short Sale Contingency — Forms 156 and 156-1

Posted by Amy Perry | Dec 12, 2022 | Forms, Investment, Real Estate

When an investor or dealer wants to purchase a residence in foreclosure, they use RPI Form 156 and 156-1 when it is a short sale.

Accept partial rent, retain a tenant

Posted by Amy Perry | Dec 5, 2022 | Property Management, Real Estate, Recessions

How a landlord may deal with delinquent rent in recessionary times.

DRE Hot Seat: The buck stops with the designated broker — always

Posted by Amy Perry | Dec 2, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to properly supervise their corporation’s activities as the designated officer.