Down payment gifts from parents help young adults become homeowners faster, but they prevent skin in the game.
Down payment gifts and the bank of mom and dad
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Due Diligence and Disclosures
Get the most for your clients and protect your hard-earned fee by reviewing the forms you’ll encounter in brokerage services. Stay current on the latest news, videos, forms, and updates for Due Diligence and Disclosures.
Latest Articles
Brokerage Reminder: Property tax reassessment 101
An overview of transfers automatically excluded from reassessment.
Downpayment Toward Equity Act proposes lifeline for disadvantaged homebuyers
Downpayment Toward Equity Act of 2021 One of President Joe Biden’s campaign promises was to help Americans buy quality housing through financial assistance. To make good on this promise, his administration is to introduce the Downpayment Toward Equity Act of 2021....
Refinancing and race: Why the divide and how to close the gap
Black and Latinx homeowners paid higher interest rates than White homeowners between 2005 and 2020. Why does this disparity exist?
Four key housing bills agents need to watch in 2021
For a peek into 2021, learn what legislation California lawmakers are reviving from 2020.
Property tax inequality: shifting the burden to boost homeownership
How fair and equitable is our property taxation system?
DFPI Bulletin Digest: April 2021
The April 2021 DFPI Bulletin focuses on COVID-19 relief, PACE solicitor sanctions and financial education grants. Editor’s note — The California Department of Financial Protection and Innovation (DFPI, formerly the Department of Business Oversight), supervises,...
DFPI Bulletin Digest: March 2021
The March 2021 DFPI Bulletin focuses on the upcoming Economic Equity Conference, Assembly Bill (AB) 857, CalMoneySmart grants and annual report deadlines. The California Department of Financial Protection and Innovation (DFPI, formerly the Department of Business...
California crime-free housing policies disproportionately harm Black and Latinx renters
A Los Angeles Times report explores how crime-free housing policies not only hurt Black and Latinx renters, but the California real estate market as a whole.
Errata & Updates
Chapter 2: The MLS environment. The updated statutory Agency Law Disclosure
and confirmation provision went into effect the beginning of 2019. Both the
content of the form and when it is to be used have been modified. For a
thorough analysis of the new disclosure and confirmation practices, see the
January 2019 article, What you need to know about the refreshed – and mostly
improved – Agency Law Disclosure.
Chapter 32: The breaching buyer’s responsibilities. The first subhead on page
350 should read “Interest depends on property use.”