Realtor Responsibilities
Dear Phyllis,
Four months ago, our Burbank home was in escrow, and it was a nightmare. Our buyer’s original offer was a cash offer. He then opted to get a loan, and the appraisal came in low. All of this dev...
Saving On Capital Gains
Dear Phyllis,
My parents moved out of state two years ago and converted their La Canada home to a rental. To avoid capital gains tax, my accountant thinks my parents should sell. Particularly as it was their pr...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
This is an old question and answer, and the tax laws have changed. Learn more about Proposition 19
Dear Phyllis,
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Regular readers of my Los Angeles real estate blog know that most homes are selling quickly and for over asking price. It seems that home values just keep increasing; it’s enjoyable to watch your home’s equity grow.. In more than twenty ye...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
My siblings and I have been discussing moving our mother into senior apartments in the next year or t...
As your real estate agent, I need to first know why.
I recently had clients who were downsizing from their La Crescenta home to a Pasadena condo. They were already in escrow on the condo, contingent upon selling their La Crescenta home. ...
Selling As Is
Ask Phyllis! A blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
I am moving my mother into an assisted living facility. Her La Canada home is 70 years...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Credits Versus Repairs
Dear Phyllis,
We quickly sold our La Crescenta home with more than 10 offers. The buyer...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Open House Thefts
Dear Phyllis,
Three years ago, we listed our home for sale, but it did not sell because we pri...
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Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Septic System Inspections
Dear Phyllis,
I plan to sell my La Canada home within the next year or two. I have li...