Debby's Blog
Love your Landlord? Importance of Leveraging R/E; Characteristics to Look For in Hiring Your Broker; Fiduciary Duty in client relationships; importance of ethics in R/E
ARCHIVED BLOG POSTS
2008
Q: My wife and I are getting ready to purchase our very first home. Can you give any pointers to help us in our search for a competent real estate agent? A: Here are several questions you and your spouse can use when hiring a Real Estate Agent or Broker to represent you. Keep in mind these quest...
07/21/2008
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Dual agency is when the broker/agent represents both the buyer and the seller in the same transaction. In California, it is permissible only if both principals are notified of the dual agency and both consent to it. The best way to prove consent is to have them sign the Agency Disclosure. Ho...
07/10/2008
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In California, foreclosure sales are specifically made exempt from the statutory transfer disclosure requirement. Therefore, it’s anyone’s guess as to what problems may be inherent in the REO property one is purchasing. Thus it is all the more incumbent upon the buyer to obtain as many inspecti...
07/09/2008
Ten Characteristics to Look For in Hiring Your Agent Look for Someone Who: * Is focused * Is an excellent communicator * Is available on your time, not theirs * Always tells the truth and puts your interests first * Pays for his or her commission by saving you mo...
07/01/2008
Fiduciary, as defined by the California Dept. of Real Estate A person in a position of trust and confidence, as between principal and broker; broker as fiduciary owes certain loyalty which cannot be breached under the duties of agency. Agency, as defined by the California Dept. of Real Esta...
07/01/2008
There are a few good reasons why a smaller down payment is better than a larger one. 1) The secret to success in real estate (besides location) is leverage. It's in your best interest to leverage as much of a loan amount as possible, so you're effectively using someone else's money. While the ...
07/01/2008
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LOVE YOUR LANDLORD? He loves you...especially if you pay rent estimated rent $1500/mo/5yrs (60 months) =$90,000 to your landlord tax benefit to you = -0- principal pay-down = -0- tax liability: $1,000/mo/5yrs=$60,000 grand total: $150K from your pocket you get thanks from your landlord & thanks...
07/01/2008
Real Estate Resources
Los Gatos CA R/E (zip 95032); I sell condos, luxury homes, horse property, subdivisions, new homes; I specialize in first-time homebuyers and sophisticated investors.