Archive for June, 2006

No Signs?

Friday, June 16th, 2006

“How come I never see for sale signs in La Jolla?”
***ANSWER:
La Jolla regulations bans all commercial For Sale signs.
Interestingly, this conflicts with a U.S. Supreme Court ruling that says signs up to 8″x5″ must be allowed. Given that, why no signs?
Public opinion.
La Jollans don’t want For Sale signs. And […]

Parrot Story Follow-up

Wednesday, June 14th, 2006

Still smiling about your parrot story, and here are a couple for you:
The neighborhood pharmacist where I grew up kept a parrot, who greeted him every morning with, “It’s about time you got here!” in a sarcastic tone of voice. One night a neighbor noticed smoke coming from the building. When the […]

Interest Talk

Wednesday, June 14th, 2006

“I read in the Union that interest only loans can be risky. I mean you’re not paying your loan down, so in 5 years you’ll still owe the same amount of money. Do you think they’re a good idea?”
***ANSWER:
It depends. These loans can be good or bad depending on your situation.
They can be […]

Pick A Good Lender

Monday, June 12th, 2006

***QUESTION:
“Last time I got a mortgage, I shopped and signed up with a lender with a rate 1/4% lower than anyone else. But when I got my loan documents, that 1/4% savings wasn’t there–it was for the same rate everyone else quoted. I don’t think he ever intended to give me that low […]

Use a Broker or not?

Friday, June 9th, 2006

“I know it’s a good idea to use a broker to sell a home, but I need to get every penny out of it and I’m thinking of trying to sell on my own. Can you give me any tips?”
***ANSWER:
I understand where you’re coming from. Most of my clients need every penny then […]