Public Policy "NEWS"

When it comes to  buying or selling your home , hiring a professional to guide you through the process can save you money and headaches. It pays to have someone on your side who's well-versed in the nuances of the market and can help ensure you get the best possible deal. Of course, you have the option to purchase a home without an agent's help or put your house on the market as for sale by owner. But if you're not familiar with the buying or selling process, you may skip necessary steps, whether it's failing to fix peeling paint or missing a deadline for due diligence when you're under contract. You may also find that you're not on an even playing field when it comes to negotiating the deal, which means you could ultimately pay more for the purchase or make less money in a sale. Finding the best real estate agent for you Lastly, choosing the right real estate agent could be the difference between a stressful home search and an easy one. Similarly, the right rea

  How To Buy A House In 12 Steps Most home sales involve the following 12 steps: Decide Whether You’re Ready to Buy A Home Calculate How Much House You Can Afford Save For A Down Payment And Closing Costs Get Preapproved For A Mortgage Find The Right Real Estate Agent Begin House Hunting Make An Offer On A House Get A Home Inspection Get A Home Appraisal Ask For Repairs Or Credits Do A Final Walkthrough Close On Your New Home Take the first step toward the right mortgage.

  Real estate agents may do some or all of the following: advertise and market properties. arrange and host open homes. build relationships with sellers and buyers. complete sales and negotiate contracts. research the housing market and property values. organize building inspections and reports.

For the record “are agents worth 6%?” is not what I want to talk about. There are clearly many many people who think the answer is no and working on solutions to change that. Many years and lots of money has been spent by some incredibly smart people trying to change the economics of real estate. Why? Because those people are just recounting their experiences, all of which included an agent. Point being, there is an incredibly strong social pressure to use an agent, since everyone else has — and you don’t want to be the sucker who tried to do it on your own, and got screwed out of $50,000 or $100,000 (or some other high $$ amount). Buying a house is the biggest financial transaction most of us will ever make, and people can experience both positive and negative outcomes for decades afterward. The most important factor that determines whether the purchase was a success is the value of the home. After all, whether the price was $100,000, or $1,000,000, paying too much for a property is

Why the Pandemic May Be Hurting Your Credit Score Common causes of a  bad credit rating  include failing  to  stick  to  your  credit  agreement, paying the bare minimum on your  credit  card each month, and falling victim  to  identity theft.

On February 17th, a panel of experts will weigh in on the latest developments and how the LA market will be impacted this year. Register below Webinar Registration - Zoom