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Contingent vs. Pending Sale

What’s the Difference Between Contingent and Pending? If you’ve offered a home and the status is now contingent, the seller has accepted the offer, but certain conditions must be met first. Those conditions could be from either side. For instance, a buyer might request an inspection, or the seller could request a specific type of loan from the buyer. Deals can fall apar...

How the Banking Turmoil May Impact the Feds Decision

The Federal Reserve is meeting this week to decide its next step on interest rates just as its yearlong fight against inflation is colliding with a crunch in the financial sector. The Fed’s next move will be closely watched as recent bank failures are stirring memories of the 2008 financial crisis. Even before the central bank policy decision on Wednesday, investo...

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Understanding The FEDS And How They Affect Your Money

Here’s what the highest Fed rates in more than a decade mean for your money Did you buy a home in 2020? Did you job-hop in 2021? Did you hold off on buying a new car or home in 2022 until you can find a cheaper deal and lower interest rate? Believe it or not, one institution impacts even the tiniest of your financial decisions: The Federal Reserve. What is the Federal Reserve? ...

Live Event March 30 and 31 California Dream Shared For All - Appreciation Loan First Time Buyer Program

This just in: Exclusive Invitation: Dream for All Shared Appreciation Loan Program Unveiling (March 30th-31st) Thursday at 6:00 pm and Friday at 9:00 am. The Dream For All Shared Appreciation Loan is a down payment assistance program for first-time homebuyers. Dream For All provides a loan for 20% of the home purchase price. 📆 Event Details: Date: Thursday and Friday, March 30th-31...

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You will pay more if you have good credit

As if most home buyers these days didn’t have enough to grumble about regarding mortgage costs this year compared to last, they will soon have another financial thorn in their sides. Beginning May 1, 2023, under the Biden Administration’s continuing policy to rework the income redistribution in America, a new rule will raise mortgage fees for borrowers with good credit and a soli...

April 2023 Monthly Home Stats

Spring has sprung, and the real estate market is in full swing! Here's an overview of the April Market at a Glance for Rossmoor, Los Alamitos, Seal Beach, Buena Park, Cypress, Long Beach, and Lakewood. Even if you're not currently in the market to sell your home, this information is still important to know. You can make informed decisions about your home's value and potential fut...

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What Makes a Great House a Mansion Anyway?

Living in the entertainment capital of the planet, we have our fair share of mansions in LA. And we mean mansions by every definition. Obviously, the word “mansion” more or less means something. But the details change slightly depending on who you ask. So what makes a house a mansion?  Why Agents Don’t Like to Use the “M” Word If you read throu...

July 2023 Monthly Home Stats

Below are July single-family home sale statistics. The areas covered include Rossmoor, Los Alamitos, Seal Beach, Cypress, Long Beach, Buena Park, Lakewood, Huntington Beach, and Torrance. The month of July has brought some interesting changes in the housing sales activity. Despite the summer season typically is a time of increased home-buying activity, inventory remains low in most cases. ...

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Beautiful Curb Appeal is a Huge Selling Factor

You shouldn’t just consider curb appeal when selling your home. Rather, it should be a part of your lifestyle. You’re living in your home, so why not enjoy it? Outstanding curb appeal doesn’t just welcome guests. It welcomes you home after a long day. So, if you want to make sure you’re making the most of your personal palace, consider some of these 24 curb appeal ideas ...

The Importance of Making It Through a Contingency Period With Both Sides Smiling

Ideally, we’d like to work in a real estate industry in which everybody wins. Contingencies, when used in good faith, help us get closer to that goal. What are contingencies? Basically, they’re conditions that can be placed on a transaction that, if not met, invalidate the transaction. This definition probably paints more of an “everybody loses” scenario than one in...