October 2017

Found 7 blog entries for October 2017.

As Realtors, we are not qualified to advise on how you should hold title of your home as there may be tax or other implications which may affect your decision. It is advisable that you speak with an accountant or attorney if you have further questions or need assistance with deciding on which method is best for you. Old Republic Title has been gracious enough to provide us with some information on the different options you have available. 

Holding Title
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The sellers of a property are required to maintain the condition of the home through close of escrow. In order to properly ensure that the condition has not changed between offer acceptance and closing, the Agent Visual Inspection Disclosure or AVID is used to document any visual flaws. This inspection is performed by each party's agent and is not meant to find issue within the home, but to document what flaws were present at the time of acceptance. The AVID may be used during the final walk through inspection as a guide for any noticeable damage at the home .
When will my agent complete their AVID?

Personally, I prefer to complete my AVID at a home inspection and with the buyer/seller of the home. For listings, the AVID is a part of the disclosure…
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In the California Residential Purchase Agreement, there is a section commonly referred to as Allocations of Costs. In this section, it is agreed upon which party is responsible for which fees. Each county has its own standard for who pays for what. Old Republic Title Company has provided the list below which shows who pays what fees in each county. 
Allocation of Costs
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Online search engines give buyers easy access to updated listing information at the click of the button. With so many options available, it is somewhat difficult to distinguish between resources available on each site. Although you may see many of the same listings, each website has its own benefits.

 

Broker/ Agent Websites and MLS:

MLS stands for Multiple Listing Service and they are the source for all other property search websites which are simply syndicated with updates every 15 mins or so. Many broker or agent websites will use a plug-in to provide listings on their website and will offer enlist clients in an automatic listing alert to help keep you updated on properties as they come on the market. These alerts make it easy to communicate

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Congratulations on your decision to purchase a home! Reward Realty is committed to helping make the process as seamless as possible from beginning to end. Here is a brief overview of what the home buying process looks like. More detailed explanations of each step can be found on our website www.RewardRealty.org and in later blog entries.

  1. Choosing a Realtor who you trust!

Purchasing a home is a major decision and it is important that you work with an expert that you can trust to help you make the best investment for you and/or your family.

     
2. Getting Pre-Approved for financing

When comparing options for financing your home purchase, it is important to consider other factors along side the rate comparison. Is this lender

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