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  3. Category: "Residential Real Estate" (Page 4)

Residential Real Estate

Why buying in the exurbs may not make sense

On Behalf of Karlin Law Firm LLP | Apr 23, 2019 | Residential Real Estate

California residents who want a balance of affordable housing and proximity to large cities may prefer to live in the exurbs. However, those who are looking to buy properties in the exurbs may want to consider that home prices tend to be more volatile in those areas....

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Dealing with a delinquent mortgage

On Behalf of Karlin Law Firm LLP | Apr 10, 2019 | Residential Real Estate

When a California homeowner has financial problems, they may find it difficult to make mortgage payments. In some cases, a cash-strapped homeowner may decide to sell their home as a way of getting out from under oppressive debt. This option could work; however, there...

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Buying a home in a short sale

On Behalf of Karlin Law Firm LLP | Apr 9, 2019 | Residential Real Estate

California residential real estate can be valuable, and many people may look to get a great deal by purchasing a short-sale property. Of course, short sales are less prevalent than they were a decade ago. From 2008 to 2012, the peak years of the financial crisis, they...

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Mortgage approval doesn’t last forever

On Behalf of Karlin Law Firm LLP | Mar 12, 2019 | Residential Real Estate

Prior to buying a home, it is generally a good idea to get tentative loan approval from a mortgage lender. This can help a person in California or elsewhere get a better idea of how much they qualify for. However, it is important to know how long the approval will be...

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Why selling to an investor isn’t always a good idea

On Behalf of Karlin Law Firm LLP | Mar 5, 2019 | Residential Real Estate

Real estate investors in California and throughout the country could be willing to buy a home if they think doing so could be profitable. However, there are upsides and downsides to doing so. For instance, selling a home to an investor may avoid a foreclosure and the...

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What to know about cash offers for homes

On Behalf of Karlin Law Firm LLP | Feb 25, 2019 | Residential Real Estate

Individuals in California and throughout the country who are looking to sell their homes may be able to receive cash offers. In some cases, the closing process is easier, and it may be less expensive to complete the transaction without the need for a real estate...

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Selling a home to friends or family

On Behalf of Karlin Law Firm LLP | Feb 19, 2019 | Residential Real Estate

When a California resident decides to sell a home to a friend or family member, they may be happy about the transaction. However, the choice can come with its own complications. Buying or selling a home is already a somewhat complex process that is often one of the...

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Where buyers may find the best housing market conditions

On Behalf of Karlin Law Firm LLP | Jan 29, 2019 | Residential Real Estate

California may rank as among the best places to live in the United States. However, according to an Owners.com report, Virginia Beach was ranked as the top location to call home. Homes there sell for an average of 3 percent less than their list prices while rent in...

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The process of buying a house

On Behalf of Karlin Law Firm LLP | Jan 18, 2019 | Residential Real Estate

For most people in California and throughout the country, the process of buying a home starts months before the house search does. Ideally, a prospective buyer will get his or her finances in order and ready to be scrutinized by mortgage lenders. In addition to the...

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Rising mortgage interest rates to slow home sales in 2019

On Behalf of Karlin Law Firm LLP | Jan 10, 2019 | Residential Real Estate

Homebuyers in California have struggled with affordability for years, and real estate insiders do not expect 2019 to bring any relief. Mortgage interests rates, which had already increased throughout 2018, will continue their upward climb this year. Economists are...

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