Posted by Paige Panzarello // May 20, 2015
Usually you want a lease to protect yourself from rent increases, moving and define what the lessor will deliver. Have you ever been stuck in a lease, when things change, and you have a year or more to go? You feel trapped. Now someone has a solution: Flip. Teke Wiggin at Inman explains. “Flip is […]
Posted by Paige Panzarello // May 13, 2015
When you meet with your lender, you might want to know about buying down the rate. You may have heard about mortgage points work. Points, also known as “discount points,” are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can, […]
Posted by Paige Panzarello // May 6, 2015
A friend said to us, “Why don’t you sell house to investor? It was a tough time. I had been down-sized and there went my family health insurance. COBRA was just impossible to afford. Then my daughter caught sick with pneumonia and she was hospitalized in the ICU for a week. The bills were outrageous! […]
Posted by Paige Panzarello // April 29, 2015
Seller’s market, buyers’ markets, for Simi Valley realtors, it is anybody’s guess. If you want to sell your house, a Simi Valley realtors will say you must make your home stand out. Before you actually put your home up for sale, go to some open houses in your neighborhood. I suspect, after just a few […]
Posted by Paige Panzarello // April 22, 2015
Bill McReynolds, vice president of development for City Ventures, said he hopes the Simi Valley City Council will approve a proposal to build all-electric homes. The townhome complex of 62 units would sit on a vacant 4.3-acre parcel at the northwest corner of Erringer Road and the Arroyo Simi. The proposed units will be prewired […]
Posted by Paige Panzarello // April 15, 2015
The LA Times recently wrote, “Statistical measures and anecdotal reports suggest that young couples and singles in their late 20s and early 30s, the millennial generation, have begun making a belated entry into the home-buying market, pushed by mortgage rates in the mid-3% range, government efforts to ease credit requirements and deep frustrations at having […]
Posted by Paige Panzarello // April 8, 2015
Beacon Economics, reports on a new study that shows California leads the nation in Personal Consumption Expenditures (PCE) as a percent of their income. California was estimated to have spent $1.4 trillion in 2012, the latest information available, making up 12.7% of national PCE. Texas was second at $0.8 trillion. From 2011 to 2012 California […]
Posted by Paige Panzarello // April 1, 2015
There’s a shift coming to closing that’s about to wreak havoc for agents and clients alike, says Bernice Ross at Inman. The Consumer Financial Protection Bureau (CFPB) in November 2013 published revised final rules and forms that combine the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA). The new rules […]
Posted by Paige Panzarello // March 25, 2015
Google “Tips for selling my house” or How to sell FSBO and you will read what you need to be a successful seller. Why would you sell house in Los Angeles without a realtor? Are you nuts? The internet is the great leveler. Items that were sold only in stores are now selling well on […]
Posted by Paige Panzarello // March 18, 2015
Did you know the millennial generation rents the most and makes up 27.3 percent of all renter households? The second fastest-growing group of renters, people ages 35 to 44 make up 21.5 percent of all renters. If these people ever decide to buy houses instead of renting, Los Angeles could experience another housing boom. The […]