A new home owner called Len Tillem on his Radio talk show today. He bought a house close to a freeway. There was no disclosure about traffic noise and he assumed that it was quiet. He claimed that he only saw the place during the weekend and it was quiet. Now that he moved in […]
Len Tillem talk show, Monday 10/20/08
Real estate profession gets harder and more complicated
In California the Real Estate Broker is responsible for pre qualifying the buyers, finding a suitable house/property that will fit the needs and budget of the buyer, negotiate the best price and terms, write the contract which is the purchase agreement, coordinate with the lender to get the best loan, inspect […]
Iphones and Terabitz… quickly finding you a Home!
Intero Real Estate Services is the first real estate brokerage to use iphone technology designed by Terabitz. What this application does is allow an iphone user to type in a street address, or MLS# and find a home that is for sale. I have been trying it out on my iphone. […]
If you own real estate property make sure you paid property taxes by 4/10/08
A
Hi David,
The seller pays his taxes according to the county assessed price. If it’s a house that was purchased 45 years ago for $28,000 (ha, ha,) her yearly payments should be around $600. Proposition 13 is protecting homeowners from a big raise in tax payments. Not more than 2% a […]
Mortgage Broker or B of A lender? who wins?
My client won the house, competing with 3 other buyers. The seller was so happy. The offer was:”as is”, no contingencies, 3 weeks free rent back, great price, all that for the luxury to own home in Sunnyvale. My client shopped around for the best loan. First he was going with a mortgage broker who […]
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