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Dear Phyllis,
Because we are cleaning up our credit and can’t get a loan, we would like to try to find a rent-to-own opportunity. Can you explain the pros and cons of lease options, how they work and where we can find these listings...
Selling An Empty Home vs. A Staged One
Dear Phyllis,
Thank you for your column, which I always look forward to reading. I will be relocating my mom from Valencia and am wondering if it's better to sell her house empty, or whether I sh...
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...
Dear Phyllis,
Three weeks ago, we made an offer for a short sale listing. The seller’s agent acknowledged receipt and said she forwarded our offer to the bank. She says she still hasn’t heard from the bank and as you can imagine, we are ...
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,
...
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...
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
I made an offer, and the seller countered that my purchasing their home is contingent upon the seller...
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...
Contingent Offers
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here
Dear Phyllis,
While interest rates remain low, we hope to buy a larger home. We ha...