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Prepayment Penalty
A prepayment penalty is a fee that applies to some mortgages if you pay all or part of your loan early. Most mortgages are sold in the secondary market such as to Fannie Mae (FNMA) or Freddie Mac (FHLMC). The penalty is an incentive for borrowe...
928 Descanso Dr La Canada Flintridge Most Expensive Home October 2022
Last month, the most expensive home sold in La Canada Flintridge was 928 Descanso Dr. This Spanish Colonial was originally listed for $3,500,000 and sold in twenty-one days for $3,300,000. This luxury home was a trust sale, to learn more about ...Termites found after purchase
Termites found after purchase. Ask Phyllis: a blog series of frequently asked real estate questions previously published in the Crescenta Valley Weekly. Dear Phyllis, I appreciate your weekly real estate advice and have a ques...
Glendale Housing Market October 2022
Let's take a look at October 2022 Glendale Housing Market. Thirty-four homes closed, just a few less than September, which is typical this time of year. The average price per sq ft is just a tad lower but the average sales price and median pric...
Are pre-listing inspections important?
When listing a home for sale, we often encourage my clients to hire an inspector before making any improvements. Are pre-listing inspections necessary? A professional inspection will conduct a thorough investigation of the home. A home inspecto...
2535 E. Chevy Chase Dr. Glendale | Most Expensive Home Sold October 2022
In October 2022, the most expensive home sold was 2535 E. Chevy Chase Dr. Glendale . The renowned Lloyd Wright's Derby House was initially listed for $2,995,000. It sold in one hundred forty days for $2,885,000. The seller purchased this uniq...
Change the terms of the contract
Change the terms of the contract Ask Phyllis: a blog series of frequently asked real estate questions. Dear Phyllis, My daughter, who is moving to San Luis Obispo, listed her home for sale with the real estate agent who sold i...
Pasadena Housing Market October 2022
Let's dive into the Pasadena housing market for October 2022. Pasadena housing remains strong with sixty-three homes sold in October. Thirty-five of these homes sold over the asking price, seven at the asking and twenty-one below their asking p...
