All About Money
Owning versus Renting a Home
The analysis presented highlights some key points to consider when comparing owning versus renting a home in terms of wealth accumulation. Here's a summary of the main arguments made: Cost Comparison: Renting can potentially make you ...
What is a Stigmatized Property?
While location is often considered one of the most important factors in a home's value, other considerations must be evaluated. What is a stigmatized property? It is typically associated with damage to a home's reputation. Negative perceptions,...
Learn How to Create a Bidding War When Selling Your Home
Generating a bidding war for your home can indeed lead to a higher sale price. Here are some strategies the Harb & Co. Team implements to increase the chances of a bidding war: Including a pre-inspection as part of your home selling ...
What is deferred maintenance and how does it impact your home sale
What is deferred maintenance? It simply means postponing routine repairs in a home. This can include neglecting regular upkeep, delaying repairs, or failing to make necessary improvements. In addition, over time, this neglect will lead to a dec...
What type of homes appreciate in value?
Buying a home is a major investment and you want to be sure the home you choose is the right one. What type of homes appreciate in value? Look for these elements when buying a home that will appreciate in value. • Classic home desig...
An LLC for Rental Properties
Although I am a real estate agent, I never wanted the hassle of owning rental property. My husband and I recently met with a financial planner, who advised that our two rental properties (purchased by my husband before our marriage) should be i...
What is an interest rate buy down?
When I was in the mortgage banking business years ago, I briefly worked in the joint venture department. The bank would partner with builders in housing tracts or condominiums. Rates had escalated, and the profit potential diminished. As an inc...
Rising Interest Rates and their impact on the Los Angeles Real Estate Market
Let's take a look at rising interest rates and their impact on the Los Angeles Real Estate Market. We will assume a $1,000,000 purchase price with a 20% down payment of $200,000. Interest Rate: 3% Mortgage Payment: $3,373 LA Coun...
