Real Estate Question and Answer
Disclosure Dilemmas
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here Dear Phyllis, Last year we had our home listed but we didn’t close because of an issue with the roof. After...
Pros And Cons Of Lease Options
. 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 completely empty, or whether I should have her home staged or jus...
Realtor Responsibilities
Dear Phyllis, Four months ago, our 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 developed after we had been in escrow for...
Short Sale Timelines
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 home to a rental. To avoid capital gains tax, my accountant thinks my parents should sell. Particularly as it was their primary residence for at least 2 of the...
Transferring Property Taxes
Ask Phyllis is a blog series of frequently asked real estate questions. Have a question about real estate? Email us here Dear Phyllis, Next year my wife and I plan to downsize to a smaller home or condo. We are contemplating renting our...
Planning Ahead
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...
