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I'm in the process of studying for my California real estate license. Not for the purpose of becoming an agent (I'm a software engineer by trade), but rather for the purpose of learning more about the real estate ind...
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I was obtaining a pre-qualification for a home loan, and was asked to sign the: Rate Lock Agreement, Disclosure Notices, Servicing Disclosure Statement, Right to Receive Copy of Appraisal, Appraisal Delivery Timing W...
I am rehabbing a house that has a buried oil tank in the backyard. It is not needed anymore. The house is in Pa. I popped off the fill lid today and it has about 1 inch of fuel left in it. It has probably been in ...
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Hello all! I'm in a frustrating situation I haven't experienced before and am looking for some insight on how to approach the whole thing. I recently bought a triplex, after we had closed and the property manager who ...
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I recently purchased a property and discovered a series of issues regarding municipal code violations that the seller did not disclose. Here’s a detailed account of the situation:
The owner received the first notice ...
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If a property is assessed for much lower than it sells for, the assessor can raise the assessment to the sale price. This would make the property tax expense too high to cover other expenses (mortgage, insurance, mai...
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I am interested in a house at a good location. The house is priced right and I got into a bidding war. My bid is competitive (all cash and no contingency). After a few rounds of bids, my agent told me that the sell...
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I'm trying to learn more about the real estate industry by studying for my California real estate license. I'm currently learning about conveyances and disclosures, specifically the Natural Hazards Disclosure Stateme...
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Agency Disclosure StatementThe Agency Disclosure Statement is a state form which was developed to disclose to buyers, sellers, landlords and tenants who the licensee(s) represent in the real estate transaction. The r...
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If I have a deed with a clouded title, can I sell that property as clouded provided I note that on a contract to the seller that the title is clouded and they are to do their due diligence prior to buying? Obviously,...