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The question sellers ask me most often when mold is involved is whether they can actually sell. The answer is yes, and the real question is how disclosure gets handled. California does not prohibit selling a home with mold present. Legal exposure comes from concealing what you know, and that distinction matters more than whether…
In most of the California cash sales I’ve been involved with, the buyer covers most of the transaction costs. The seller’s side depends on how the buyer structures the offer, and that varies more than most sellers going into a cash deal expect. Do Cash Buyers Pay Closing Costs? Cash buyers still pay closing costs,…
Finding a cash buyer online takes about five minutes. Knowing whether that buyer will actually fund is the part most sellers skip, and that’s usually what comes back to cost them when a deal falls apart. I spent seven years as a certified residential appraiser starting in 2003, and my wife Andrea and I have…
You can sell a house with foundation issues in California, and the path forward depends on the type and severity of what the inspection finds. Most sellers come in thinking the situation is worse than it is. We’ve worked through enough of these to know the outcome depends a lot on getting a real assessment…
The landlords I’ve worked through capital gains math with almost always come in off by the same thing: depreciation recapture didn’t make it into the estimate. I’ve seen this on deals across the hold spectrum, but it runs deepest on properties held long enough that the annual deductions have pulled the adjusted basis well below…
Agents and investors serve completely different purposes in a real estate transaction, and treating the choice between them as a matter of price is where most sellers get confused. An agent’s job is to find a retail buyer willing to pay close to market value and manage that transaction to close. An investor buys the…
For a sale with equity in it, the reverse mortgage payoff comes out of closing proceeds the same way any standard mortgage would. Most sellers in that position say the closing process itself didn’t feel that different from what they expected once they had the payoff figure in hand. Two situations create complications: when the…
Yes, and the squatters don’t need to be gone before you close. California law doesn’t prevent a property owner from selling with an unauthorized occupant still inside. The path depends on how much time you have and whether the occupant will cooperate. We’ve closed deals under all three scenarios. Your Options When There Are Squatters…
I’ve worked condo deals in Southern California where the escrow ran into the HOA before anything else. On those deals, document requirements, transfer fees, and a lender review of the complex’s finances created variables a single-family escrow never touches, and I’ve had sellers find out mid-escrow that the complex’s financial health was what was holding…
You can sell a distressed property in California, and in most cases both a listing path and a cash-sale path are real options depending on what type of distress you’re dealing with. The better path changes based on the specifics, and both tend to stay on the table until something about the situation rules one…
