Angel Tellez's (angeltellez) Blog

A reverse mortgage is a mortgage that allows older homeowners to convert part of the equity in their homes into cash without having to sell their homes or take on additional monthly bills.  Those seeking money to finance a home improvement, pay off a current mortgage, supplement their retirement ...

Some of the agents in my office have had problems with the co-operating agent over Dual Agency issues.Our office, West USA Premier Properties is a franchise of West USA Realty.  As such we are a separate entity with our own Designated Broker.  The fact that we share a similar name does not mean a...

I recently wrote a blog concerning this subject.  Today I want to take it one step further and off in a different direction.  Generally, the purchase of a home includes the purchase of all fixtures, but does not normally include personal property, such as a refrigerator and/or washer/dryer.If the...

A home is usually the largest single investment any of us will ever make. Title insurance protects against loss of value from hazards and defects that may exist in the title. These hazards include fraud, forged signatures on deeds, unknown property heirs, liens, and documentation errors.The home ...

The method of taking title to real property has serious tax and legal consequences. It is also important to ascertain how the seller holds title because all sellers will have to sign the contract of sale and deed. Review the alternatives discussed here with your expert tax or legal advisors.  COM...

Buyers and sellers typically work with a licensed Real Estate salesperson or broker.  It is important to ascertain if that person is working "for" you (where you are the client) or "with" you (where you are the customer).  Most states will require that the licensee make early written disclosure c...

A Buyer's Agent calls the Seller's Agent to see if a certain listing has any contracts on the table.  The Listing Agent informs the Buyer's Agent that he just received one, but hasn't worked up the NET sheet for his client yet.  He suggests that if the Buyer's wants a chance at the home, the Buye...

Property describes the rights or interests a person has in the thing owned - commonly called the "bundle of rights" which includes the right to possess, to use, to encumber, to transfer and to exclude.  Property is either personal or real.PERSONAL PROPERTY (movable) -- Even though your focus is o...

What ever happened to working for the best interests of the client?  I was taking my clients to a listing for viewing when we passed another home for sale in the same neighborhood.  My clients asked about it and I explained that based on the parameters they provided me, that listing did not come ...

Believe it or not, they do exist!  THey are the Real estate agents who mislead, misfire and misbehave. Their bad advice can cost you plenty in time, money and the sheer hassle of keeping the place show-ready 24/7.The agent from hell will allow you to:Overprice your home ("Here's what I can get fo...