The Changing Demographics of Homebuyers
Record numbers of single women are becoming first-time home buyers. Female homebuyers are on the rise. In a study that analyzes the U.S. Census’ Current Population Survey from 1981 …
Category: Site News
California SB2 and What Is It
January, 2018 New Affordable Housing and Job Acts Fee, also known as SB2 Establishes permanent, ongoing sources of funding dedicated to affordable housing development Money to be placed in …
Review of TRID – 2 Years Later
With the two-year anniversary of the TILA/RESPA Integrated Disclosure rule (known informally as TRID) implementation happening this month, it’s a good time to step back and take a look …
Buying a Home and Now It’s Closing Time
What Every Home-buyer Should Expect Your long home-buying journey is almost over. You found the home you love, the seller agreed to your offer and now it’s time for closing. Of …
Beware Wire Fraud and Phishing Email Schemes When Buying or Selling Your Home
Warning to Consumers About Wire Fraud Schemes When Purchasing a Home. Also, beware of email schemes commonly called “phishing emails”. Several national trade groups, including the Escrow Association and ALTA have …
Change to FIRPTA Withholding Tax Law
Change to the Withholding Tax Law on Real Estate Sales by Non-US Persons – as of February 17, 2016 Congress has enacted a significant change to the required withholding …
Are you ready for homeownership? Owning a Home
Making the move to homeownership Buying a home is exciting. It’s also one of the most important financial decisions you’ll make. Are you ready for homeownership? Three decades ago, …
FHFA Announces Extension of HARP and HAMP Refinance Program Until the End of 2016
The government’s Home Affordable Refinance Program (HARP) and Home Affordable Modification Program (HAMP) will be extended until the end of 2016, according to an announcement from FHFA Director Mel …
Southern CA City Residential Reports
Many cities in Southern California require “pre-sale” property reports In an effort to assist you, as an owner and possible future Seller, or as a real estate professional, below …
New rules and bills that will affect 2015 escrow practitioners
In addition to an extensive revamp of the Purchase Contract by California Association of Realtors, there are some laws and regulations to be aware of in 2015. Effective January …