transaction mangement: What's Included in a PITI Payment? - 06/04/08 10:27 AM
Should first/second/equity lines include rent-back PITI payments?
 Yesterday, I was working on a terms class I'm teaching in a few weeks and stumbled across some interesting facts on seller's rent-back and buyer's PITI (principal, interest, taxes and insurance) payments.
In defining what a buyer's PITI payment is on the California Purchase … (0 comments)

transaction mangement: The Mysterious Loan Contingency - 05/15/08 01:24 PM

This post is Part 2 of my Contingency Removal lesson and research I'm doing for my upcoming one hour webinar Understanding Contingency Removals
 I actually went through the California Association of Realtor's purchase agreement contract and could not find anything specific other than the buyer has "obtained a loan." But … (2 comments)

transaction mangement: Termite Reports. Get caught with your frame exposed! - 03/19/08 01:03 PM
 
Last week, I discussed the different types of Section 1, Section 2 and Further Unknown Damage in a termite report. This week, as promised, I wanted to talk about open frame inspections and how they can affect your buyer AND seller!
If the inspector is aware that someone else will be doing … (0 comments)

 
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