Tag: Get Real About Real Estate
Encumbrances are ties to the property, not the owner
Dear Michael: If I become the owner of a home property by a quick deed, am I responsible for any delinquent taxes?
Answer: That would...
Pest allocation of costs for repairs is a negotiable item
Dear Michael: I am in escrow on a home. My agent is now telling me that termite repairs are no longer covered by the...
Home warranties offer buyer peace of mind
Dear Michael: Our home is in escrow and the buyers have asked us to pay for a home warranty. Is this customary?
Answer: Home warranties...
“Short Sale” seller must wait four years before next purchase
Dear Michael: I am purchasing land that is currently held in the form of two 50 percent separate deeds to the same person (i.e....
Title must record before closing escrow
Dear Michael: My wife passed away and I am now looking at selling our home. We have lived in this home for 40 years;...
Beware of home rental scams on the Internet
Dear Michael: I’m looking for a house to rent and found one on craigslist. The owner is trying to convince me this is not...
Property taxes based on price paid for your home
Dear Michael: I am reading your previous article about Tittle Insurance. Can you please let me know how a dispute with my neighbor having their neighboring wall on my property...
Real estate agent and broker explained
Dear Michael: Our Realtor says he has a Broker’s license. What is the difference between a real estate agent and a real estate broker?
Answer:...
Understanding FHA appraisals
Dear Michael: I am selling my home and received an offer from a buyer with an FHA 3.5percent down payment. My house is in...
Buyers must wait to close escrow to start repairs
Dear Michael: We are in escrow on our first home. My brother has given us the funds for the down payment. The lender is...
