by ILGM Ninjas | Jun 10, 2012 | Buyers, Real Estate Advice
I say it time and time again… it’s important for buyers to do all their inspections when they’re buying a home. But what does this actually mean? Typically, a buyer has 17 days (this timeframe is negotiable) to do all their due diligence and...
by ILGM Ninjas | Apr 24, 2012 | Buyers, Real Estate Advice
When negotiating a contract on a home, everything must be agreed on or you don’t have a fully executed contract. Well, actually almost everything. There is one clause in the contract that if one party initials and the other party does not, you still have a...
by ILGM Ninjas | Apr 5, 2012 | Buyers, Real Estate Advice
Not only is it a good idea for buyers to check the permit history on a home before they buy, but sellers are wise to check the permit history on their homes before putting them on the market. This way, they can correct any permit issues before the listing goes public....
by ILGM Ninjas | Dec 29, 2011 | Buyers, Financing, Real Estate Advice, Selling
All Inclusive Trust Deeds were big in the 80s and 90s. They are starting to see a resurgence today. Bbut there are some major downsides to AITDs that you should be aware of. Here’s a little background on it. In the 80s interest rates reached incredible highs up...
by ILGM Ninjas | Feb 15, 2011 | Appraisal, Buyers, Purchase Transaction, Real Estate Advice, Selling
Well, the unbelievable happened. A lender had an appraisal done a few weeks ago on a property that my client was buying, and the appraisal came in higher than the sales price. It does happen! If you have an appraiser who is familiar with the area, you have a much...
by ILGM Ninjas | Oct 4, 2010 | Real Estate Advice, Real Estate Market Update
When people ask me how the market is doing, I can honestly answer that it’s not bad. Let me clarify, markets are local. There are definitely some bad markets out there. But if I’m speaking specifically about my local markets, i.e. Hermosa Beach, Manhattan...