Most people do not understand what a “short sale” is and are afraid to ask. So, here it is… Basically a short-sale occurs when the seller’s monetary obligations are more that what the seller is going to realize from the sale of their home and the seller is unable to pay the difference. A short-sale [...]
Entries from September 2008
September 24, 2008
Who’s The Richest Man in the World?
You might think this is an easy question and say, Bill Gates. Well, you would have been right a year ago, but today the answer is, Warren Buffett. Yes, the owner of the Berkshire Hathaway company and hence, Prudential California Realty, is now the richest man alive. According to Forbes.com, at an estimated worth of [...]
September 4, 2008
When is it fair to negotiate on the home inspection?
You’ve just hired an expert to pick your new home apart top to bottom. Be mentally prepared in advance for how tough the news will inevitably be. It is fair to negotiate on anything that comes up that is serious (that would cost more than $1000 to fix) that you could not have anticipated from [...]
