Escrow in California
Escrow is a neutral, impartial third party that acts on the instructions of the principals in a real estate transaction. Most California real estate Purchase Agreements (CAR or PRDS contracts) are also escrow instructions, that give authority to the escrow company to transfer title when all terms of the Purchase…
Does The Real Estate Brokerage Brand Really Matter To The Consumer?
My answer to the above question is emphatically, yes! At least in my experience, where I work. Alain Pinel has been adding new offices during these difficult times, because now more than ever, consumers realize they need the most professional, competent and experienced Realtor they can find. Real estate transactions…
May Home Buyers Write Simultaneous Offers On Multiple Homes For Sale?
The short answer to the question is no, unless they intend to buy both! Two situations are prompting homebuyers to want to make simultaneous offers on multiple properties: 1) a hot market with multiple offers, and 2) a short sale where it may take a bank a long time to…
Saratoga Real Estate Market Is Hot
Ten homes went sale pending last week in Saratoga, CA! Several went to multiple offers. The Saratoga real estate market (or at least part of it) is hot. All but one of the sales was priced less than $2 million. Included in the group were homes on Sobey Road, Oak…
Can Interest Rate Buydowns Help Saratoga Home Sellers and Buyers?
Mortgage interest rates are currently low, but home sellers can give extra motivation to potential buyers their Saratoga home by offering an interest rate buydown. Private Mortgage Advisors, an affiliate of Wells Fargo Home Mortgage and Alain Pinel Realtors has a temporary rate buydown option that can lower home buyer’s…
