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Tag: Michael Kayem

Property should be spruced up when listed on the market

Dear Michael: My mom passed away and I am putting her house on the market. My Realtor wants me to get rid of most...

FHA loan approval not for all homes

Dear Michael: I am selling my home and received an offer from a buyer with an FHA 5% down payment. My house is in...

Cancellation of escrow

Dear Michael: We are purchasing a new home and closing escrow next week. We have found issues with the home that were not disclosed...

Landlord must give 60-day notice to terminate lease

Dear Michael: I am renting an apartment and my lease is set to expire at the end of July. My landlord has informed me...

All cash purchase vs. mortgage loan

Dear Michael: We are buying a home with 100 percent cash (no loans).  What is the advantage for us and seller by not getting...

Waiting for additional offers is seller’s choice

Dear Michael: My home is in escrow and my agent is telling me that I have to have a carbon monoxide detector present in...

Grant Deed Vs Quitclaim Deed

Dear Michael: My neighbor has agreed to sell to me his undeveloped lot adjacent to my home.  We will handle this transaction ourselves. Which...

Zoning can affect property value

Dear Michael: we are purchasing a home. The escrow officer tells me that as part of the closing steps we need to record title...

Seller can withdraw from sale as long as counter offer has...

Dear Michael: I am interested in buying a home. Should I allow the listing real estate agent to represent me as well? Answer: What you are...

Cut-off time for cancellation of escrow

Dear Michael: We are purchasing a new home and closing escrow next week. We have found issues with the home that were not disclosed...