Los Angeles Real Estate

Thinking of Buying a Los Angeles House? Rein in your Spending this Holiday Season!

You are excited about buying a Los Angeles home and have been very good about keep your credit immaculate.  However the holiday season looms putting your hard work in jeopardy. Your shopping list sits in front of you beckoning.  You are probably not going to pay cash for all those gifts, or write a check.

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Have a Daughter? Educate her about Finance, Credit and Buying a Home

   Maybe the following has become a more personal worry to me this last year because I became the grandfather to a beautiful baby girl last October.  That certainly has brought the urgency of the following topic “home” to me. In the not too distance past, having conversations with a daughter concerning finances, credit, and

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You Do Not Need an Attorney for Los Angeles Real Estate Transactions

California is an escrow state but escrow procedures differ between Northern and Southern California and from county to county.  For the purposes of this post I will address the reason you do not need an attorney for real estate transactions in Southern California. What is Escrow? Escrow is a neutral party which provides protection to

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Understanding Los Angeles Real Estate Appraisals – Part II

Previously, Part 1 of this post,  “How Appraisals Can Affect Your Real EstateTransaction“ offered information regarding facts and details addressed and documented within an Appraisal report. In this post, Part 2, I will attempt to explain what “logic” is used to support the value reported by the Appraiser in their report. In today’s challenging mortgage underwriting, that logic has to hold up to

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