Natural hazard disclosures and the seller’s agent
Gone are the days of minimal or delayed property disclosures.
Read Moreby Carrie B. Reyes | Mar 13, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 0
Gone are the days of minimal or delayed property disclosures.
Read Moreby ft Editorial Staff | Jan 7, 2019 | Economics | 1
The coming decades will see coastal areas across the state impacted by flooding and erosion.
Read Moreby Carrie B. Reyes | Aug 15, 2016 | Feature Articles, first tuesday Local | 41
As California’s sea level rises, flooding will creep further inland.
Read Moreby Sarah Cantino | Jul 3, 2012 | Feature Articles, Real Estate | 4
This article presents information on the function and coverage of homeowners insurance policies.
Read Moreby Connor P. Wallmark | Jul 8, 2010 | Feature Articles, Real Estate | 5
This article comments on the early use of the Natural Hazards Disclosure (NHD) statement by the listing agent when marketing property to properly inform a prospective buyer and the selling agent before the price is set and an offer is submitted to the seller. Also discussed is the liability protection afforded to the listing agent and seller by upfront delivery of the NHD.
Read Moreby Giang Hoang-Burdette | Jan 18, 2010 | Real Estate | 2
On January 13, 2010, Governor Schwarzenegger outlined his proposal for a $10,000 California state housing tax credit as part of his California Jobs Initiative. The credit would provide $200 million worth of tax credits for the...
Read Moreby Connor P. Wallmark | Nov 3, 2009 | Real Estate | 0
An unsettling paradox has emerged: mortgage delinquencies are on the rise, but lenders are increasingly sluggish to send out notices of defaults (NODs) to troubled homeowners. As the mortgage meltdown spreads to higher tier...
Read Moreby Giang Hoang-Burdette | Nov 3, 2009 | Feature Articles, Real Estate | 1
This article examines the impact of home equity borrowing on the current real estate market bust, and the indicators of an unhealthy amount of home equity borrowing as a warning system for future housing recessions. As everyone...
Read Moreby Connor P. Wallmark | Oct 1, 2009 | Feature Articles, Finance, Real Estate | 3
This article comments on the unfounded conspiracy theory held by inflation pessimists that the...
Read Moreby Bradley Markano | Sep 16, 2009 | Real Estate | 1
During the recent millennium boom, interest-only loans gained enormous popularity across the United States, especially in California, Florida, and Nevada. Many buyers who took out these purchase-assist loans have grown...
Read Moreby Bradley Markano | Sep 16, 2009 | Investment, Real Estate | 1
While foreclosures on loans made to homeowners are well underway (about 40% completed for this recession in California thus far), income property owners have only started to experience the negative cash-flow pain of the current...
Read Moreby ft Editorial Staff | Sep 14, 2009 | Real Estate | 0
California construction, while on the rise from February to June 2009, fell in July. The pace of single family residence (SFR) construction during July 2009 was at an annual rate of 22,000 starts; 37% below one year ago. U.S....
Read Moreby Giang Hoang-Burdette | Aug 27, 2009 | Real Estate | 0
First-time homebuyers looking to become homeowners during this “buyer’s market” are running headlong into a flood of speculators looking to make a quick buck from flipping cheap property. First-timers, who are mostly relying on...
Read Moreby Connor P. Wallmark | Aug 17, 2009 | Finance, Real Estate | 1
First-time California homebuyers, which brokers and builders hope will revive the real estate industry by absorbing the glut of REO properties on the market, have encountered surprising difficulty purchasing low-end property...
Read Moreby Giang Hoang-Burdette | Jun 9, 2009 | Real Estate | 0
Statewide, 37,967 homes were sold in April, up 4.8% from March and up 21.9% from one year ago. The statewide median price paid for a home was $221,000, down 0.9% from March. The month-to-month decline in price has been less than...
Read Moreby ft Editorial Staff | Jun 4, 2009 | Feature Articles, Finance, Real Estate | 1
This chapter analyzes redundant charges imposed on buyers and sellers for the basic services necessarily rendered by lenders, escrow companies and title insurance companies to earn the primary fee they charge. The hidden costs...
Read Moreby Connor P. Wallmark | Jun 1, 2009 | Real Estate | 2
Many current market indicators, such as slowing price depreciation, shrinking inventory, and increased buyer competition, open up an oasis of sunny optimism in an economic world saturated with dire news. However, multiple...
Read Moreby Bradley Markano | May 28, 2009 | Real Estate | 0
In increasing numbers, buyers are acquiring real estate owned (REO) homes as speculators with the sole intention of flipping them for profit. If enough of these investors pile into the market, another jump in supply will occur...
Read Moreby ft Editorial Staff | May 18, 2009 | Real Estate | 0
The number of NODs recorded in late 2008 fell as the government-mandated foreclosure moratoriums took hold. Riverside County is the record-setting county in California for NOD recordings and trustee’s sales, and this April,...
Read Moreby ft Editorial Staff | Apr 13, 2009 | Real Estate | 0
Banks are holding between 30-60% of their REOs off the market, inventory known in the industry as shadow inventory. In the Bay Area, for example, banks repossessed 51,602 residential properties between January 2007 and February...
Read More