If you've been considering the purchase of a home, you may have hoped that higher interest rates would lead to fewer bidding wars. However, despite rates and the economy pushing some buyers out of the market, bidding wars are here to stay for n...
Temporary buydowns can be a strategy for buyers to access lower mortgage payments initially, providing initial payment savings. Sometimes it can be negotiated that the seller funds these temporary buydowns to make the property more at...
Buying a multi-unit property as your first home can be a smart financial move. Here are some advantages and considerations to keep in mind:
Advantages:
Rental Income: Owning a multi-unit property allows you to generate rental income by le...
Buying a Flip
Ask Phyllis: a blog series of frequently asked real estate questions.
Dear Phyllis,
I appreciate your take on the real estate market and have a new topic for discussion. My son will be relocating to the Foothills soon an...
Earlier this month, I sold 1 South Orange Grove Pasadena. First, a little about the community:
Constructed in 1980, One South Orange Grove is a gated collection of townhomes in Pasadena's finest location. With a front-row view of Pasadena's ...
Buyer taking possession
Ask Phyllis: a blog series of frequently asked real estate questions.
Dear Phyllis,
I find your real estate questions and answers so interesting. thank you! After a year, my daughter and her husband finally accep...
Ask Phyllis: a blog series of frequently asked real estate questions.
Dear Phyllis,
My mother reads your real estate question and answers and told me to get your opinion. My fiancé and I made an offer on a La Crescenta home that had bee...
Before you start thinking of buying your first home, there are several important steps and considerations to consider. First-time home buyer tips:
Create a Budget:
Establish a realistic budget considering your income, expenses, and fi...
The US and Canadian real estate industry faces significant challenges due to class action lawsuits related to buyer agent commissions. These lawsuits could affect the future of real estate commissions. The suits argue that agents have "forced" ...
Realtor’s long vacation
Ask Phyllis: a blog series of frequently asked real estate questions.
Dear Phyllis,
I used to look forward to your real estate question and answers. However, much of it seems repetitive. I have a new topic for ...