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California Real Estate Buying Guides

Featured Guide:

Buying a Fixer-Upper

By Derren Peters

Fixer-Uppers are homes that require a bit of maintanence, and so will usually be sold for a lower price. This article outlines some important questions you should ask and decisions you should make before making that purchase.

What is a Short Sale?

By Derren Peters

What is a Short Sale? One way to describe a short sale is, when a homeowner is "under water", and, for various financial reasons, is unable to keep up with mortgage payments, causing them to default on the loan. To mitigate...

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What is a Short Sale? What is a Short Sale?

By Derren Peters

What is a Short Sale? One way to describe a short sale is, when a homeowner is "under water", and, for various financial reasons, is unable to keep up with mortgage payments, causing them to default on the loan. To mitigate damages, the lender puts the property up for less than what is owed on it by "short sale" in hopes to find another mortgagee to take over the property.

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Buying a Short Sale Property Buying a Short Sale Property

By Derren Peters

Homebuyers looking for a deal will likely come across a short sale property during their search for a home at some point. If you ever spot a listing price that seems too good to be true, call your agent and find out if it's a short sale. Here are the things you need to know about a short sale property.

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Avoiding Buyer's Remorse Avoiding Buyer's Remorse

By Edmund Gallese

Buyer's remorse is a common problem among homebuyers. Here are some suggestions to avoid regretting the purchase of your new home.

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Buying a Fixer-Upper Buying a Fixer-Upper

By Derren Peters

Fixer-Uppers are homes that require a bit of maintanence, and so will usually be sold for a lower price. This article outlines some important questions you should ask and decisions you should make before making that purchase.

Read Full Article

What is a Short Sale? What is a Short Sale?

By Derren Peters

What is a Short Sale? One way to describe a short sale is, when a homeowner is "under water", and, for various financial reasons, is unable to keep up with mortgage payments, causing them to default on the loan. To mitigate damages, the lender puts the property up for less than what is owed on it by "short sale" in hopes to find another mortgagee to take over the property.

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Closing the Deal Closing the Deal

By Derren Peters

You did all your homework, and aligned with all the right professionals. You found the home of your dreams, made an offer and sweated out the back and forth negotiations. And now, finally - finally! - your offer has been accepted. Congrats! But through your jubilation, keep in mind there are still potential pitfalls related to the closing process.

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The Art of Negotiating The Art of Negotiating

By Derren Peters

You've partnered with an agent, shopped for a lender, viewed home after home, and finally identified the house of your dreams. Now it's time to make an offer for it.

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Buyer Broker Agreements Buyer Broker Agreements

By Derren Peters

Once you've selected a buying agent to represent you, they will likely present you with a Buyer Broker Agreement (BBA, also known as a buyer broker contract). This certifies your partnership with the agent and spells out what sort of duties/tasks the agent will perform for you, while providing them the power to begin working in your best interests.

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Applying for a Mortgage Applying for a Mortgage

By Derren Peters

As exciting as the home buying process can be, beautiful homes to view, neighborhoods to explore, and possibilities to consider, it's the not-so glamorous tasks that turn those dreams into a reality, one of which is applying for a mortgage. Whether you're approaching lenders yourself, or utilizing a mortgage broker, keep the following in mind when applying for a mortgage.

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