You will most likely encounter an escrow company or process, when you buy or sell a home. An escrow company provides a neutral third party that acts like a secure holding place for funds “in play” during a property sale. While the funds are secured in a safe place,...
What happens if you discover serious problems with your newly purchased home? Consider situations like these: You notice a consistent foul odor in your home, and discover a 20-year-old unpermitted bathroom addition has an improperly installed sump pump vent requiring...
In the previous blog post we covered basic guidelines for reading home purchase agreements carefully. Now we’ll explore four potential landmines for buyers if the fine print is not clearly understood. Most real estate transactions go smoothly, but issues like breach...
For most people, buying a single family home or condominium is the largest purchase they will make in their lifetime. The purchase agreement is the contract signed by both the buyer and the seller. It is the document that legally formalizes the transaction and...
Californians have choices when they need an inspection before they buy a home. You can hire a licensed contractor or a certified inspector. What is the difference? A licensed contractor can inspect your home using their knowledge of construction, plumbing and...
