and more importantly, do you know whether they have been paid? When a homeowner undertakes a remodel, they can decide whether to act as the general contractor themself, engaging and coordinating all the subcontractors directly, or simply retain the services of a general contractor. When engaging a general contractor, the first step is to verify […]
Listing With a Broker to Sell Your Home
These days, the media is filled with reports of people using eBay or craigslist to sell their own home. Apparently, the marketing exposure generated from those sites may match the power of the Multiple Listing Service in a hot market. After all, why give away 6% to a listing broker when you can do it […]
Foreclosure Consulting
What if you didn’t have the money to buy Joe’s house (from the earlier hypothetical), but you had a co-worker or friend who did. If you offer up that information to Joe, and he agrees to give you a finders fee–you could be headed down the road to being considered a foreclosure consultant. California Civil […]
Equity Purchasing – Part 2
You’ve recorded the deed to Joe’s house and as far as you know, he’s planning to move to Oregon or Nevada to start over. If you’re lucky, you’ve determined that there are no other encumbrances against the property, such as tax liens, waste liens, medical liens, and/or other deeds of trust. As any pre-foreclosure buying […]
Equity Purchasing = Get Rich Quick?
A couple of weeks ago, Dataquick real estate news reported "The typical monthly mortgage payment that Bay Area buyers committed themselves to paying was $3,183 in June. That was up from $3,091 in May, and up from $2,651 for June a year ago. Adjusted for inflation, mortgage payments are 25 percent higher than they were […]