Real Estate Question and Answer
As is home sales
As is home sales Dear Phyllis, We just opened escrow on a home and had our inspector out. There are numerous things wrong with the house. Many will cost a lot of money to fix. The plumbing is galvanized, the roof is near the end of it...
Common Selling Mistakes
Dear Phyllis, We own a home in Glendale, which we unsuccessfully tried to sell a couple of years ago. We hope to move to La Canada or La Crescenta but first need to sell. What do you think are the most common selling mistakes we should a...
Excluding parties from a listing agreement
Excluding parties from a listing agreement Dear Phyllis, My neighbor is a part-time real estate agent and I hired him to sell my home. A different neighbor expressed interest in my home for his son. The agreement with my real estate a...
How to get your offer accepted
How to get your offer accepted Dear Phyllis, After looking at homes for nearly a year, and making four offers I can’t seem to get a home. I am not low balling, but making good offers, have a large down payment and am pre-approved. A...
How long must our home stay in show condition?
How long must our home stay in show condition? Dear Phyllis, Last year we tried for five months to sell our home and it never happened. In March, we relisted with a different agent, who suggested a couple of repairs to tweak the home....
Are there pitfalls to the seller rent back?
Are there pitfalls to the seller rent back? Dear Phyllis, We have been saving for three years, going to open houses and overall preparing to buy our first home. We found a La Crescenta home we love and made an offer, but the seller do...
Are FHA buyers at a disadvantage?
Dear Phyllis, My husband and I want to help our son and daughter-in-law purchase a home. We won’t be giving them a 20% down payment, but likely close to 10%. I spoke to our bank branch manager who suggested that they obtain an FHA mort...
When can you stop disclosing?
When can you stop disclosing? Dear Phyllis, We have been in escrow for a bit more than a month. We completed all of the paperwork about what’s wrong with the house and the couple buying our home signed everything. The buyer had thei...
