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inspection renegotiations

Dealing with inspection renegotiations

We have a simple system when dealing with inspection renegotiations. In the ideal scenario our listing has sold in multiple offers. As I have already verified the buyer's down payment and spoken to their lender (assuming they are obtaining a lo...

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liquidating an estate, trustee

Liquidating an Estate: Alhambra fixer closed

Our Alhambra fixer closed! And this is how it happened: I sold a San Gabriel fixer for a trustee several years ago. And she recently referred me to her co-worker who was the trustee of her father’s estate. Often the trustee is overwhelmed wi...

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Senior Resource Center

Is a reverse mortgage the right option for you?

How do you determine if a reverse mortgage is the right option for you?  It really depends on your circumstances and needs. Many of us have different retirement goals.  More and more seniors are opting to "age in place".  This sometimes requ...

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living trusts estate planning will probate la canada real estate

Why have a living trust?

One of the first things George and I did after having children was create a living trust. This is a legal document similar to a will. Both outline exactly what your wishes are in regard to your dependents, your heirs and your assets. A primar...

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Mills Act

The Mills Act and historic preservation

The Mills Act is a California program which allows owners of qualified historic homes to receive a property tax reduction. Cities utilize the Mills Act to encourage historic preservation. Each local government establishes their own criteria.  ...

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zillow real estate la cresenta listings

The dirty secret of major real estate websites

This may come as a surprise. When  you complete your contact information when accessing real estate web sites such as Realtor.com and Zillow you generally aren’t getting in touch with the actual listing agent. Most likely you are providing y...

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ask phyllis a real estate question

First Time Buyer Woes

Dear Phyllis, We have been married for five years and managed to save over $50,000. Although, we haven’t started a family, we really want to purchase in La Crescenta because of the school district. With a starter home going for well o...

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Senior Resource Center

How to Plan Your Retirement Move

Ideally you have been planning the financial aspect of retirement for years. Deciding where to live is another matter. Obviously the amount of equity in your home will impact where you relocate. The good news is that Southern California re...

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ask phyllis a real estate question

Uncooperative Sellers

Ask Phyllis is a blog series of frequently asked real estate questions.  Have a question about real estate?  Email us here Dear Phyllis, We made an offer for $25,000 over asking price which the seller accepted. We initially met the sell...

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