2008 Orange County Residents – “We’re Outta Here”
Forbes Magazine recently published an interesting visual representation of moving trends. It allows one to visually get a sense if more people are moving into, or out of, a particular county during 2008. Orange County was pretty interesting. Guess I'm not entirely surprised to see that the in…
Read more...OC Buyer Tip – Be Cautious About Loan Contingency Removal
There is a very critical element to the California Residential Purchase Agreement (RPA) that every buyer must understand when initiating the purchase of a home in Orange County. The act of removing 'contingencies' exposes your deposit to risk if you are unable, or unwilling to move forward with you…
Read more...The Housing Bottom? Not Yet
The housing bottom can be an elusive thing. Determining when we've actually arrived can only be seen in retrospect, but clearly there are some signs that indicate, we haven't quite seen the end of this housing recession. As I've said before, there are several things that have me concerned about…
Read more...Is There Such a Thing as a ‘Short’ Short Sale? Yes…If You Have the Right Lender
One of the great oxymorons of the real estate industry is the Short Sale, which has become famous for being anything but short. I've been promised 60 days only to have it become 5 months. I've had a bank tell me it would likely take 6 months, only to have it take a year. I also am leery of an…
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