“Hi Gary. LOVE your blogs. Question for you, I still have my condo in La Jolla. Where could I find out what the current rents are? I need to raise the rent and thought there must be something online but haven’t found a good source. Anything you use in your office? Thanks in advance.”
***ANSWER:
Nice to […]
“My husband and I are in a bad situation. He lost his job and we can’t afford to pay the mortgage. And if we rented our home out, we’d have a $1200 per month negative cashflow. We owe $534,000, but our home is only worth $500,000, so we can’t sell. Out of the blue, an […]
“I saw that Farmer’s Insurance isn’t taking on new clients in CA. I’m afraid when I buy a home I might not be able to get homeowner insurance. Do I need an insurance contingency in my offer?”
***ANSWER:
No. There are still plenty of firms writing homeowner’s insurance. And if the unlikely scenario that insurance became hard […]
“I purchased a home 4 years ago with the assistance of your agency. In early/mid 2008, my 5 year fixed loan rolls to an adjustable rate. Currently, my APR is 4.875%, in ‘08, it will go to 6.875%. I am watching interest rates skyrocket every day…the best I could find today is 7% with a […]
“Hi Gary. Thanks for your help, but we’re going to use an agent who said she’d guarantee to sell our home or she’d buy it herself…”
***ANSWER:
Hold on! I’ll match her offer!
Why?
I mean, who wouldn’t jump at the chance to buy your home…at 10 to 20% under market value. Oh, she forgot to mention that?
That’s right. […]