Predatory home buyers appear under any market conditions and prey on sellers of any type of property. Their objective is to coerce sellers into accepting unfavorable contract terms or agree to changes in already agreed-to purchase agreements to achieve a better deal for themselves. Predatory home buyers and their tactics are not always easy to spot up front, […]
Real Estate Wholesaling Is Flipping Paper – Not Properties
If you’ve ever been in the unfortunate position of having to take part in a wholesale real estate transaction, you know that real estate wholesaling is flipping paper – not properties. Last fall I wrote about the risks of selling property to a wholesaler (Beware Of Wholesale Home Buyers!). Wholesaling is simply the process of […]
Timeless Financial Lessons Applied To Real Estate
Timeless financial lessons for individuals and families often relate to preparing a household budget, investing for retirement and analyzing the effects of interest rates when buying a home. But The Richest Man In Babylon by George S. Clason, on more college business major reading lists than virtually any other book, contains none of that. Yet it is at the top of […]
Property Tax Assessments – Mello-Roos Explained
Most California homeowners will see anywhere from five to fifteen different assessments listed on their property tax bill in addition to the basic county property tax. These additional assessments are usually for business zones, bond payments, and special services. One of the most common California property tax assessments is Mello-Roos, which is a tax assessed […]
