Starker Exchange:
“I’m planning to exchange my San Diego rental house for an apartment building in Texas. I know there’s different kinds of exchanges. I heard I should do a Starker Exchange. What exactly is that?”
***ANSWER:
The name is from a 1979 court case: T.J. Starker vs. US. A Starker exchange is one name for [...]
Should I use a lockbox to sell my home?
“I’m talking to agents about selling my home in Clairemont and one said I don’t need a lockbox for agents to see my home. Won’t it be harder to sell my home without one?”
***ANSWER:
You’re right. And any agent who (except for special cases) tells a [...]
What about Probate Sales?
“Hello Gary. My wife and I see your name everywhere. Question- We’re looking for a home in Pacific Beach for our daughter. Do you recommend buying a home at a probate sale?”
***ANSWER:
First, some info…
A probate sale occurs when someone passes away without a living trust naming a willing, ready, [...]
Landord Assistance Sites
“I’ve been investing in real estate for a couple of years. My wife and I own 3 rental condos that we manage ourselves. Can you recommend any good websites to learn more about what I need to know as a landlord?”
***ANSWER:
Here’s a couple:
www.SDCAA.com
www.kts-law.com
For San Diego Rental information try http://www.sandiegorealestateinsider.com/rental.htm
Hope [...]
What about Loan Contingencies?
“How does it work if I’m buying a home but cancel because I find a problem with the home or my bank won’t give me the loan. Is that breaking the contract? And do I lose my deposit?”
***ANSWER:
Most contracts have contingencies letting you cancel and get your deposit back under [...]
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