Most cities and counties require that a property be in compliance with updated
Health & Safety and Water Conservation standards in order to close escrow. The
upgrades needed to satisfy the city or county standards are known as "retrofits"
and are typically paid for by the seller…
In a real estate transaction, buyers and sellers are sometimes faced with an
issue they cannot resolve on their own. Rather than litigate (i.e. go to court),
the parties can agree to mediation or arbitration.
These alternative methods of resolving issues are typically faster and…
How are property taxes transferred in a home sale? Who pays HOA dues at closing?
How are those fees calculated? This post will explain all of this and more.
There are a number of transferable fees due at closing, like property taxes and
, that need to be calculated. P…
A home warranty protects a home buyer from costs associated with home repairs in
their first year of ownership. For example, if the dishwasher breaks or if a
pipe bursts, the warranty company will pay to fix or replace it. Read on for
more details on what a home warranty covers a…
Are you aware of California's smoke detector regulations? Read this for details
and to make sure you're compliant.
Most states require homes have functional smoke and carbon monoxide detectors
prior to transferring ownership. It is typically the seller’s responsibility to
When you purchase a property, you have to decide how you want title to read
after closing. "Title" is the legal paperwork that states who owns the property.
Title can be held by a person, a company, or a trust. This post will explain
what your options are and how your name will l…