A Buyer’s Perspective
Days on market
Days on market can be a seller’s worst enemy because it directly impacts the home's perception and the final sale price. When a property sits on the market too long, buyers begin to wonder what’s wrong with it. Even if there’s nothing str...
Why Didn’t the Seller’s Agent Spark a Bidding War? A Real Estate Mystery
Ask Phyllis: a blog series of frequently asked real estate questions. Why Didn't the Seller's Agent Spark a Bidding War? Dear Phyllis, We looked at a townhome that had been on the market for two months. The day we looked at it, our ag...
Avoiding a Pre-Nup
Ask Phyllis: a blog series of frequently asked real estate questions. Avoiding a Pre-Nup Dear Phyllis, I enjoy your real estate column and believe I have a new topic for you. We started a savings fund for our daughter when she was bor...
Personal property not included
Ask Phyllis: a blog series of frequently asked real estate questions. Personal property not included Dear Phyllis, I recently bought a home, and my real estate agent assured me the washer, dryer, and refrigerator were included. The Zi...
Undisclosed Death
Ask Phyllis: a blog series of frequently asked real estate questions. Undisclosed Death Dear Phyllis, My daughter and her husband purchased a home in Azusa six months ago. The house was sold via probate and was a fixer, but my son-in-...
What is a Contingent Offer?
A “contingent offer” occurs when a buyer makes an offer on a home, the seller accepts it, and the purchase depends on meeting specific criteria. Contingent offers are crucial because they allow home buyers to back out and have their earnest...
Advantages of Homeownership: Stability, Equity, and More
There are numerous advantages of homeownership: Equity and Investment: As you pay down your mortgage, you build equity in your home, which can be a valuable financial asset. Real estate often appreciates over time, potentially providing a g...
Why is there a housing shortage
Why is there a housing shortage? It is due to the mortgage rate trap, creating a persistent challenge for the Los Angeles housing market. One major issue currently hurting the housing supply is the "mortgage rate trap." Many homeowners a...
