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Usually there is a period of time between the signing of a real estate contract and the close of escrow. What happens when one of the principals passes away before the deal closes? Generally speaking, if the seller dies the contract they signed is still in force. The seller will not be able to execute

For Sale By Owner always think they are going to save the commission. Not True. The Close reports that For Sale By Owner homes sold for 35% less is 2022 than homes sold through a real estate agent. A Zillow study found that 69% of FSBO’s who try to sell their home without an agent

Selling a house can be a daunting task, and understanding the current housing market is crucial to make the most of your investment. Fortunately, there is some good news for those looking to sell their homes in today’s market. One positive trend that is currently being observed is that homebuyers are adapting to the current

Professional Real Estate Team Ventura County, California Buyer’s Agent, Listing Agent, Relocation, Probate Gary and Lisa have over 40 years of combined business experience. Gary has been in sales for over 35 years. His proven track record with satisfied clients demonstrates his dedication and professionalism. He is a Berkshire Hathaway “Chairman’s Circle” award winner for

Written in its entirety by Marty Smith of Capital Services Mortgage marty@refibuy.com:   I had a hectic weekend work-wise, and this week has been no different. I love it when it is busy, but this is different. Everyone put an offer on the same house. LOL! Well, that’s not the case, but we see a

With everything going on in the real estate market we have hit a market bottom. Did you miss it? Year over year results are in. According to the latest S&P Case Shiller Index (considered to be one of the most accurate), home prices experienced a year-over-year decline of 1.2% in April.  This is the first

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been

The shopping center company Westfield is giving up ownership of its San Francisco shopping mall to its lender due to a significant decrease in sales and occupancy. Westfield has operated San Francisco Centre for over 20 years and has invested significantly in the property’s vitality during that time. This statement was released by the company

Investors purchases down 49% YOY. Largest decline historically 13.5% of homes purchased by investors sold in March, 2023 were sold for less than they purchased it for First Quarter 2022 was the largest purchase quarter for investors historically First Quarter 2023 investors have moved from purchasing mid level priced homes to first quartile priced homes.

Unlike a traditional mortgage, where borrowers make monthly payments to a lender, a reverse mortgage enables homeowners to receive payments from a lender, effectively converting a portion of their home equity into cash. This makes reverse mortgages an attractive option for retirees, 62 years of age or older, seeking financial stability without selling their homes. Would I