All About Money
What does an earnest money deposit and an engagement ring have in common?
The earnest money deposit is a critical part of the home buying process. Once deposited with escrow, your earnest money proves to the seller that you are moving forward. It’s similar to an engagement ring- it’s a sign of good faith. In o...
Time is Money
The phrase “Time is Money” is attributed to Benjamin Franklin. Recently, I received a call from a potential seller; she has had her condo listed on more than 30 occasions with different Realtors each time. Of course she didn’t tell me...
How many home inspectors does it take to inspect a Pasadena home?
After looking at homes for several months my clients successfully had their offer accepted for a home in Pasadena's President's neighborhood. A 1930's home with a shake roof. So how many home inspectors does it take to inspect a Pasad...
Real Estate, Fishing and Estate Plans
When I was four or five years old, my mother took me to visit my great grandfather Hibbert on one of Michigan’s many lakes. He took me fishing on his dock; the first fish I caught was a catfish which we ate for dinner. (I now hate fishing...
Home Pricing Mistakes
Surprisingly, pricing your home is one of my most difficult tasks. Proper pricing is more art than science; it requires that I consider current market conditions. In both an escalating and declining market recent sales are not as indicative o...
Low Down Payment Loans are back but who do they help?
. Now that real estate prices have rebounded, low-down payment loans are back. I don’t understand why there isn’t more griping over the fact that while real estate prices are low, loans are difficult to come by. When values reach the n...
And the Winner is….
And the Winner is….. In 2014, Pasadena’s priciest home sale occurred in the highly desirable Oak Knoll neighborhood. Specifically, the property at 795 Oak Knoll Cir, Pasadena, boasts seven bedrooms, twelve bathrooms, and...
New Lending Guidelines Make It Easier For Some To Get A Loan
Now that home prices have escalated and most investors have slowed their buying frenzy, the banks have decided to welcome those with lower FICO scores and/or smaller down payments back into the real estate game. New lending guidelines make ...
