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California Real Estate Market Update
The California real estate market is sizzling and continues to sizzle… As we all see with the influx of tech companies in the area, low inventory is prevalent and prices continue to increase. Prices are increasing, which makes it challenging for...
How Will a Short Sale Affect My Credit Score?
Borrowers often ask, “How Will a Short Sale Affect My Credit?” An individual’s credit rating affects their ability to obtain financing and obtains favorable rates. FICO, the Fair Isaac Corporation, is the most widely used credit scoring system in the world....
What are the Tax Implications from a Short Sale
Tax Implications Borrowers are often concerned about the tax consequences of a short sale. This is because, up until fairly recently, mortgage debt on a primary residence that was forgiven from a Short Sale or Foreclosure could be counted...
Do You Qualify for a Short Sale Transaction
Many people wonder why the bank would allow them to participate in a short sale transaction.Can anyone short sale their property? In all short sales, the bank must assure that the borrower qualifies for the transaction. Most mortgage lenders...
Frequently Asked Questions about Short Sales
Frequently Asked Questions about Short Sales Here are the answers to the most Frequently Asked Questions about Short Sales: 1. I can’t make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want...
The Short Sale Process
The Short Sale Process begins when you sign a listing agreement to list your home for sale. At this time, your real estate agent will collect a number of personal documents that will be sent to your mortgage lender as part of a short sale...
How to Become a Successful Landlord
You’ve recently purchased a home that is tenant-occupied, and you are super excited about your investment property. There is no better way to grow equity than with rental properties—particularly residential properties in California, which rent quickly and generate...
The Skinny on Property Management and Fair Housing Law
At Broadpoint Properties, each and every day—whether we are in the field, working with buyers, sellers, tenants, or property owners—we are not silent. We adhere to Fair Housing Law in all of our company actions. And, when presented with situations that may contribute...
Spring Cleaning: Landscaping Dos and Donts
Spring has sprung and it’s just the perfect time to walk in the sunshine, see colorful flowers and trees, and do some outdoor home enjoyment. Curb appeal plays a significant role in tackling any outdoor project. 75% of homeowners said they have a greater desire to be...