Category: Real Estate
Statewide Buyers/Sellers Advisory
Using AI and a Chatbot for the first time
Until a few minutes ago I did not know the word chatbot. Our IT person put a
Chatbot on my www.dougknowsrealestate.com page. It is interactive and answers
residential real estate questions quickly — wait there’s more. We have asked it …
How is the Interest Rate Determined ?
Well, for an individual buyer the rate is determined by a lot of factors: primary home or investment home, loan size, Loan to Value, credit score, credit history, debt ratio, type of income, job history, job stability, w-2 or 1099 …
Read MoreAll Real Estate Transactions are “the first time”
I have done enough real estate sales representing buyers and sellers to realize that every transaction is a first time. So far (and I have been active as a Realtor for more than 30 years) I have never experienced the …
Read More
First-Time Homebuyer Assistance Programs
There are legitimate zero-down programs for first-time homebuyers that have been around for many years. Those never were, nor ever will be, poorly thought out and/or designed to put people in homes they might not be able to afford. These …
Read More
The Home Inspection is not a Repair List
The Home Inspection is not a repair list for sellers. Sellers are not required to produce a perfect house. This is not required by law or contract. Sellers are required to disclose any know defects and use a Transfer Disclosure …
Read More
Buying Property with Trees ? Check the Tree Laws…
This morning I heard a talk by a landscape architect and he discussed tree protection. Later an architect friend made a comment to me, “It’s your tree until you put it in the ground”.
When people purchase a home they …
Read More
The Preliminary Title Report
For every loan and real estate sales transaction we use a Preliminary Title Report that we get from a Title Company. The title report will show liens, encumbrances, taxes, and the names of people who own the property as well …
Read More
The basics of the real estate and mortgage business
A Realtor who works for me just told me that a contract she presented was accepted. I have to review all the real estate documents and she asked me the best way to get the paper work to me for …
Read More
When you buy a home you will receive a lot of solicitation
When you purchase a new home expect a lot of mail solicitation. Some things you may want to consider and others not. In California I really recommend that you place the home in trust and encourage you to read my …
Read More
Do these things for an easier sale
Here are some things to do to prepare your home ready for sale.
1. Clear Clutter. Look at all the things you don’t want. You can have a garage sale or donate many items or simply toss. It is …
Read More