Southern California’s commercial market softened even further in the first quarter of 2024.
SoCal commercial vacancy rates continue to rise in Q1 2024
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Creating Carryback Financing
Secure the most efficient structuring for a seller’s extension of credit to a real estate buyer, every time. Stay current on the latest news, videos, forms, and updates for Creating Carryback Financing.
Latest Articles
Does a homeowner receive a refund for taxes paid when their property value is too high due to an incorrect assessment?
Greenspan v. County of Los Angeles Facts: A property owner demolishes the improvements on the property and constructs replacement improvements. The county assessor reassesses the property. The county assessor transfers the existing assessed value of the now demolished...
SoCal commercial vacancy rates continue to rise in Q4 2023
Southern California’s commercial market softened even further in the fourth quarter of 2023.
Interest rates 101
This article dives into how interest rates are structured, how lenders set the interest rate on a mortgage, and how rates affect property values.
Form-of-the-Week: Purchase Agreement for Note and Trust Deed, and Agreement to Hypothecate — Forms 241 and 242
A trust deed loan broker uses these forms when arranging the purchase by a trust deed investor of an existing trust deed note held out for sale to prepare an offer stating the price and conditions for purchase of the trust deed note, and when arranging a loan made by a trust deed investor collateralized by an existing trust deed note held by the borrower to prepare an offer by the investor for the borrower’s acceptance stating the terms and conditions for making the collateralized loan.
Predatory mortgages, discouraged by TILA section 32
Learn what a Section 32 loan is, and why MLOs try to avoid originating these types of loans.
Right of rescission, after closing
Rescission by a homeowner terminates their already closed borrower mortgage transaction.
Despite Q4 2023 FRM rate slippage, Buyer Purchasing Power remains negative
Today’s homebuyer is limited to borrowing 9.7% less mortgage money than a year earlier due to higher interest rates alone.
Appraisal rules for high-priced mortgages
A Section 35 higher-priced mortgage loan classification triggers certain appraisal report requirements.
Errata & Updates
No Corrections Currently Reported.