Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
CarolAndNicole@compass.com
Carol Carnevale • DRE# 00946687 • 650.465.5958
Nicole Aron • DRE# 00952657 • 650.740.7954
CarolAndNicole@compass.com
First-time buyer? No problem!
Stephanie and Don were first-time home buyers – they had identified some basic features such as the number of bedrooms and baths they preferred, but after looking at a number of homes it became clear that their two most important requirements were the home’s location and the lot size. The “perfect” property became available and […]
Where, oh where, have all the houses gone?
In our recent posts, we have reported on market statistics in the communities where we work. A notable trend across all of the communities is the precipitous drop in the number of homes sold over the past decade, and this has prompted the question “why”? Earlier blog posts reported the following decline in the number […]
You need to know this about Seller Disclosures
When selling residential real estate it is important to understand the significance of the required disclosures. Unless an exemption applies, the law requires that sellers of a 1-4 family residential property disclose all material facts that could affect the value or desirability of the property, their awareness of remodeling/significant repairs done to their property without […]
TILA-RESPA: The latest dance craze?
TILA-RESPA, in spite of its catchy name, is not the lastest dance craze but it is revolutionizing the lending industry, requiring a lot of fancy foot work to comply! It represents a significant change in how real estate financing is handled and all homeowners and principals in real estate transactions with financing need to be […]
If I’m pre-approved for my loan, do I need a financing contingency?
When writing an offer, buyers should carefully consider the value of having both appraisal and financing contingencies as part of the purchase contract, and prior to releasing these contingencies buyers and the agent representing them should work closely with the lender to understand all of the “pre-funding” conditions to ensure that they can be met. It’s equally important for sellers to understand that even after buyers have removed conditions occasionally underwriters raise concerns over which buyers may not have any control.
