Ask the Brokers

Since You Didn't Ask – Debt Forgiveness and Tax Relief

Since You Didn't Ask – Debt Forgiveness and Tax Relief

  Sometimes we (“we” being one-dimensional real estate agents) assume that our clients know something simply because we are on… Read more ⇢
Ask the Brokers – Hey Mr. Lender, remember me?

Ask the Brokers – Hey Mr. Lender, remember me?

  I’m tryin’ to buy a house here! A reader recently shared this in a comment on another post. I found his predicament worthy of… Read more ⇢
What's my real estate license worth? More than a hundred bucks.

What's my real estate license worth? More than a hundred bucks.

  Warning! Boring primer on the Real Estate Settlement and Procedures Act (RESPA) ensues. Refill all coffee cups before proceeding. I received this very… Read more ⇢
Ask the Brokers – How long does the seller have to release my deposit?

Ask the Brokers – How long does the seller have to release my deposit?

  I received this question in our Ask the Brokers inbox this week: We are the buyers and signed contract cancellation on 10/27/07 well… Read more ⇢
Ask the Brokers – Have the San Diego fires impacted the housing market?

Ask the Brokers – Have the San Diego fires impacted the housing market?

  I received an email earlier in the week in which someone planning a move to San Diego apologetically asked the following: I hope that this doesn’t seem callous… Read more ⇢
Ask the Brokers – Two Months Late and a Funding Short

Ask the Brokers – Two Months Late and a Funding Short

  I received this question today: I was told I had loan approval. The broker then opened escrow. Escrow should have closed 8/27/07. As of this date, I have… Read more ⇢
Ask the Brokers – Does Size Matter (When Selecting a Broker)?

Ask the Brokers – Does Size Matter (When Selecting a Broker)?

  Before it is over, I may need to retitle this post, but it’s too early. So, on to the latest email I received (from Illinois, no less) in… Read more ⇢
More of Termites – Ask the Broker

More of Termites – Ask the Broker

  We seem to have become Termite Central lately. This is another Ask the Broker email, received yesterday, regarding our home-ingesting friends: I am planning on selling my house… Read more ⇢
Ask the Broker – Appraisal is low, buyer flees. Is there a consolation prize?

Ask the Broker – Appraisal is low, buyer flees. Is there a consolation prize?

  This from an email I received this week:  My agent represents the buyer and seller. I have a contract to sell my home that is contingent on the… Read more ⇢
Ask the Brokers – Exterior maintenance of my San Diego condominium is not my problem… Or is it?

Ask the Brokers – Exterior maintenance of my San Diego condominium is not my problem… Or is it?

  Another Pest Inspection issue from our Ask the Brokers email bag this morning. It must be our week for wood rot in San Diego.  I bought a townhouse with attached… Read more ⇢
Ask the Brokers – How Rotten is Dry Rot?

Ask the Brokers – How Rotten is Dry Rot?

  This in my email bucket this morning: I had contract through Seller’s Relocation company “AS IS” with 10 days contingengency. ISSUE: 1st PEST Control Service company found “dry… Read more ⇢
Ask the Broker – Time to pack?

Ask the Broker – Time to pack?

 If a buyer doesn’t close a transaction on time, should he still be packing or can the seller send him packing? I received this email regarding a seller’s right to cancel due to… Read more ⇢
Ask the Brokers – Time is of the Essence

Ask the Brokers – Time is of the Essence

  We received this question yesterday from a reader: If a buyer of a home has gone past the agreed contract amount of time and has not released contingencies… Read more ⇢
Ask the Brokers – Show Me the Money

Ask the Brokers – Show Me the Money

A reader asks: If the buyer cancels the contract within 17 days based on an unfavorable inspection report, does the seller have to refund the deposit within 17 days from the… Read more ⇢

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