Real Estate Question and Answer
Are there pitfalls to the seller rent back?
Are there pitfalls to the seller rent-back? Dear Phyllis, We have been saving for three years, going to open houses, and overall preparing to buy our first home. We found a La Crescenta home we love and made an offer, but th...
Are FHA buyers at a disadvantage?
Are FHA buyers at a disadvantage? Dear Phyllis, My husband and I want to help our son and daughter-in-law purchase a home. We won’t be giving them a 20% down payment, but likely close to 10%. I spoke to our bank branch manager, who ...
When can you stop disclosing?
When can you stop disclosing? Dear Phyllis, We have been in escrow for a bit more than a month. We completed all of the paperwork about what’s wrong with the house, and the couple buying our home signed everything. The buyer had the...
Selling a cosmetic fixer
Selling a cosmetic fixer Dear Phyllis, Last year my mother passed away. I have four siblings and am the executor of her estate. Two of my siblings have financial difficulties and want to sell the Sunland home immediately, bu...
Are pre-approvals that important?
Are pre-approvals that important? Dear Phyllis, Out of the blue, I went to a La Canada open house over the weekend and really liked the home. I phoned my Realtor and told her I wanted to make an offer. She told me I can’t make an of...
How to determine how much to offer in a multiple offer situation
How to determine how much to offer in a multiple-offer situation Dear Phyllis, My husband and I are hoping to buy a La Crescenta home within the next year. We have made a couple of offers that were not accepted. One of the h...
Must the buyer attend the final walk through?
Must the buyer attend the final walk-through? Dear Phyllis, I recently purchased a home in La Crescenta. By the end of the process, and for a variety of reasons, I just didn’t want to have to meet the seller again. Altho...
Timing the Final Walk Through
. Timing the Final Walk-through Dear Phyllis, After a long search, we finally found the home of our dreams and are under contract to buy it. One thing that really doesn’t make sense is the final walk-through. Our Realtor explaine...
