Archive for the 'Posts for Pages' Category
State of California’s Transfer Disclosure Statement and NHD
The California Transfer Disclosure Statement (T D S) over any damage or defects with the property, or explaining what the property has such as whether or not it is connected to public sewer or if it has a septic tank. All of the items and systems that transfer as real property in the transaction are noted... The Transfer Disclosure Statement protects the Seller from non-disclosure disputes if the buyer ends up having any issues with the property. The TDS also lets the buyer know ahead of time what kind of property they are buying. Another type of disclosure is the California Natural Hazard Disclosure Statment. The NHD goes over natural hazard areas that the home falls under. These hazards include Flooding, Earthquake...
Transfer Disclosure Statement
2017 Califronia Transfer Disclosure Statement The Califronia Transfer Disclosure Statement is a Document Required by Law. California Civil Code section 1102 explains that every residential seller is required to provide the buyer with a Transfer Disclosure Statement. The TDS goves of the codition of the property, covering things like any damages, or if there is a water heater, if it is electric or gas for example. It is the responcibility of the seller to fill out the TDS to the best of their ability. In case there is any attempt to sue a seller over non-disclosure the TDS is used as evidence to protect the seller. The TDS is important for serious buyers as it lets them get to know the property better...
2017 California Disclosure Requirements
[caption id="attachment_18882" align="aligncenter" width="300"] California 2017 Disclosure Requirements [/caption] Many folks thinking about selling their home want to know, sometimes WAY before they start the selling process, what the Disclosure Requirements for California are. I have sent several emails, texts, to answer and give the link to the Department Of Real Estate Page. A couple times it's been faster to just direct folks over the phone on how to search Google to find these Official Disclosures Required in California. So, after what seemed the eleventh time I answered the question, I wrote an email and saved it so I could just copy and paste it to send the next time someone asked... But then, when I'd get asked about them and I'd promise to send the email... I...
Natural Hazard Disclosure Report
2017 California Natural Hazard Disclosure Report The California Natural Hazard Disclosure Report (NHD) is a California Required Disclosure. It is not uncommon to reach out to disclosure company vendors to have them put together a report for you. According to Wikipedia: California Civil Code Section 1103 covers the Natural Hazard Disclosure Statement. This Civil Code states that either real estate sellers or their broker are legally Required to Disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the Natural Hazard Disclosure Statement (NHD). Required Risks Include: A Special Flood Hazard Area Dam Inundation Very High Fire ...
The 6 Highest ROI Home Improvement Projects
Best ROI Home Improvement Projects: Fix Ups That Pay Back Your Investment Plus! A Report on The Highest ROI Home Improvement Projects 6 Best Improvement Projects to Increase Your Homes Value Home improvements are NOT all created equal. Here's 6 that'll likely pay back when it comes time to sell. Dreaming of stainless this and marble that, with a dash of hip color? Sloooow down. See what your wallet has to say first! Read how some projects are better investments than others, especially if you’re planning to sell in a few years. How do we know? Since 2002, a trade magazine for contractors and builders called “Remodeling” has been tracking common home improvement projects and how much of the cost of each project is recouped when the home sells....
Affordable Entry Level Housing in Sacramento
Why is it so hard to find a nice house to buy in Sacramento? [caption id="attachment_18810" align="aligncenter" width="300"] Amazing Opportunity to own in a Safe, Quiet Sacramento Neighborhood...[/caption] The same reason it's so hard to find a home to rent... If you study the United States Census, from 2006 and 2015 the number of single-family homes occupied by non-owners (renters) rose by 34 percent. Escalating rents would normally drive more renters to buy but today’s high rents make it more difficult for first-time buyers to save enough for a down payment... So may are stuck between a rock and a hard place; paying high rent and not earning enough and saving enough... and not enough affordable housing to purchase. That’s why the Sacramento home ownership rate continues...
Home Affordability In Sacramento – California Housing Affordability Study for 2017
Home Affordability In Sacramento County and the Tri County Area [caption id="attachment_18805" align="aligncenter" width="300"] C.A.R.'s First-time Buyer Housing Affordability Index[/caption] According to to The California Association of Realtor's (C.A.R.'s) Traditional Housing Affordability Index, We are heading back to the place where most folks cant afford a home. That is, less than half of all Californians can qualify to buy a home... The THAI measures the percentage of households that can afford to purchase the median priced home in the state and regions of California based on traditional assumptions. C.A.R. also reports its traditional and first-time buyer indexes for regions and select counties within the state. The HAI is the most fundamental measure of housing well-being for buyers in the state. State / Region...
Selling Inherited Property- What is Probate Real Estate?
[caption id="attachment_18803" align="aligncenter" width="422"] Sacramento Probate Court administers probate real estate sales[/caption] According to Wikipedia, Probate is the legal process whereby a will is "proved" in a court and accepted as a valid public document that is the true last testament of the deceased. The reason for probate is twofold. Nominally, it is to distribute the decedent's property to his or her rightful heirs. An equally important function of probate -- some would say the real reason probate exists -- is to notify a decedent's creditors of his or her passing so that said creditors can present legal claims against the decedent's estate. Again, from Wikipedia... "...probate is the legal process of administering the estate of a deceased person, resolving all claims and distributing...
Trendy Bath Designs for 2017
[caption id="attachment_18794" align="aligncenter" width="500"] Floating vanities and open shelving[/caption] Move over traditional styles. Contemporary and transitional-styled bathrooms are overtaking traditional in design preferences, according to the 2017 Kitchen & Bath Design Trends Report by the National Kitchen & Bath Association. The member survey reveals some of the following bathroom trends this year: Most popular color schemes: Whites, off/whites, and gray Also, young design professionals are showing greater preferences for incorporating violets and purples. Most commonly used bathroom storage solutions: Linen storage cabinets and wood vanities Floating vanities and open shelving are catching on, while the use of toilet topper cabinets are fading. Also, more bathroom remodels are adding in power outlets directly inside drawers or vanity cabinets for powering up hair dryers, curling irons, and...
Real Estate and the Internet- How has the internet changed real estate marketing?
[caption id="attachment_18857" align="aligncenter" width="500"] amount of online spending from mobile[/caption] HOW THE EVOLUTION OF THE INTERNET HAS CAUSED A NECESSARY TRANSFORMATION FOR THE SUCCESSFUL HOME SELLER... In 1965, a computer in Massachusetts connected with another in California via the first dial-up internet and in 1973 the first hand-held mobile phone call was made. By the early 1980's, the first commercially available desktop PCs started filtering into homes, and since then the tickle of technology advances became a constant surge that turned to a tidal wave of Digital Real Estate Marketing Possibilities. This gradual progression has affected everything in our world... including Travel Agents, Airline Ticketing, Retail Spending, Entertainment (music, movies, books, games, sporting events). Actually, in the last 15 years, the actual process...
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