After the election I started watching Bloomberg TV instead of the news/opinion channels I had been watching. I guess I just got tired of all the yelling, in addition to the fact that I felt the need to try and get some clarity on what might happen to the economy, and more specifically the Silicon Valley housing market.
Besides the much needed civility I found on Bloomberg, I quickly came away with the understanding that no matter who the different reporters and commentators said they thought would be winners and losers in a new political environment, there was one thing everyone agreed … (1 comments)
Buying a condo can be complicated. There are many things a buyer and lender will look at to determine if it is the right place to buy and if the lender feels it is a safe investment. Some of the considerations for the lender are: 1. How many delinquent HOA dues are outstanding? 2. How many recent foreclosures or short sales? 3. Is all of the needed insurance in place for full replacement? 4. How well funded are the reserves? 5. Is there any outstanding litigation? 6. And now a very important question is what is the percentage of … (0 comments)
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