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New Loan Limits For 2022

2022 Conforming Loan Limits The Fannie Mae and Freddie Mac Conforming Loan Limits for California have a new high of $970,800 for one-units in ten counties. The other 48 counties vary from $647,200 to $897,000 for Napa. Two-unit maximum is $1,243,050, three-unit is $1,502,475 and four-unit is $1,867,275. The highest limit for 2021 was $822,375 […]

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When Can You Break A Lease In California?

Acceptable Reasons This is not something for you to try without talking to a professional but, (these statements come from Chris Barta, JD. Mitchell Hamline Scholl of Law, writing for NOLO): You are starting active military duty.The rental unit is unsafe or violates health or safety codes.Your Landlord harasses you or violates your privacy rights.If […]

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Real Estate Concept - Miniature Model House on Top of a Glass Table with Calculator, Keys and Blueprint.

Tips From Zillow

Competitive Offers Zillow sure has contact with a lot of prospective buyers. Recently they posted three tips to buyers in a seller’s market. Since we are right now still in a seller’s market we might look at them. Zillow’s estimates today for me are fine so they are today knowledgeable. Submit your offer before the […]

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close-up of the LOI contract document and pen

Letter of Intent

Efficient Negotiations This is a favorite form of mine. When I bought or sold apartment houses, I used it all the time. It saves a lot of time and time is money. Instead of writing up a complete binding offer, you would write up a simple form that explains the conditions under which a buyer […]

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