Entries by Admin

California Real Estate Agency Q&A

The Listing agent tells me the person handling the trust does not know anything about this property since they have been rented to the same families for the last ten years. He could have her fill out disclosures with all “unknown” or can she do an “Exempt” TDS, he is asking me. If the property […]

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HOA Documents and Seller Disclosures

California Real Estate Seller Disclosure Timeline In some cases, HOA document orders exceed buyer contingency periods. Below is a quick summary of the implications as they relate to seller disclosures. *This is based on default California residential purchase agreement timelines. The seller has 3 days  from acceptance to request (order) HOA docs (This is usually […]

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Are Your Offers Getting Presented?

It’s hard to tell if your offer has really been presented to the seller, especially in these high-volume multiple offer scenarios. Occasionally, a Balboa agent will tell me they suspect the listing agent has not presented their offer to the seller. When this happens, we typically request the “rejection of offer” on page 10 of 10 […]

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Company Update April 2, 2021

This is the clearest example of a seller’s market I have ever seen. Inventory is a fraction of what was already “low inventory.” This means low supply. Low rates mean more affordable mortgages, which increases demand. Low supply and high demand push the prices up higher. Since these supply and demand factors are floating around historic […]

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Property Management Referral Program

Agent Property Management Referral Fee Program Often agents will represent a buyer on a Purchase that then becomes a landlord. Sometimes the agent will even taje the lease listing. But who will manage the property for the ongoing landlord and tenant lease? Most real estate brokers forbid their agents from actying as the propeprty manager. […]

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Exempt Seller Disclosure Requirement California

When is a seller exempt from the Transfer Disclosure Statement? Sometimes sellers wrongly assume they are exempt from furnishing the buyer with a transfer disclosure statement (TDS) because the home is owned by a corporation, LLC, or trust. The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) […]

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