Three Words Randy Turnquist, our outstanding, long-time, instructor from beautiful downtown Santa Cruz, mentioned three words that he believes are important for anyone working in real estate, going to be working in real estate, owners, renters, but most importantly anyone thinking of passing the State Exam for Broker or Salesperson. The three words are confusing. […]
Archive | Real Estate General
PROS AND CONS OF AN IMPOUND ACCOUNT
Peter Boutell: Columnist – Santa Ana Sentinel; Owner: Santa Cruz Home Finance, Santa Cruz; DGS MLO Student Impound Accounts Impound accounts are sometimes referred to as “escrow” accounts and refer to the funds that are held on the borrower’s behalf as a part of the lender’s service. A borrower is said to have an impound […]
DRE COMPLIANCE GOALS – FOR BROKERS
By Summer Goralik: Former DRE Investigator, Lecturer, Author; Real Estate Compliance Consultant; Ethics Student Fundamentals of Broker Supervision In an effort to stay true to my own goals this year, I am writing a follow-up piece to my recent post on “DRE Compliance Goals”. That post, which you can read by clicking here, https://www.expertdrecompliance.com/blog/dre-compliance-goals […]
WHY IS MORTGAGE INSURANCE A GOOD THING?
Dennis Smith: Author, Chef, Financier; Co-Owner/Broker at Stratis Financial, Huntington Beach; MLO Student Question of the Week Why is mortgage insurance a good thing? Answer Last week in the Weekly Rate & Mortgage Update we discussed if home buyers should wait until they have 20% for down payment before purchasing (you can read the WR&MU, […]
CRUISE TIME
Real Estate Renewals in Exotic Places Years ago in another universe our company presented Real Estate Renewals in exotic places. Some of my favorite trips involved Acapulco, Cabo, Hawaii, Caribbean, New Hampshire, and other spots. Take a trip and get renewed. And a couple of informative meetings, thrown in for good measure. Loved those trips, […]
Simple Answer To Holding Title Questions
There Are Many Methods To Hold Title To Any Home, Rental, Vacation Home, And Whatever Before buying any property you should discuss this with an attorney or title company. If you already own property, it might be a good idea to review your situation. Everyone’s situation is different, and there is no one correct answer. […]
Starting In Real Estate
In Class Recently Someone asked me how I started my own company in Real Estate as if my ideas would be helpful. I can tell you what I did but with no guarantees. I Was Director Of Property Management For The Forest E. Olson Co. In Van Nuys When I decided to change to selling […]
The Cycle Of Real Estate Life
The Last Few Years We Have Been Hearing The Old Refrain, “We Need Inventory” Now, I am hearing the old refrain, “We have too much Inventory”. This Means That What Goes Up, Will Come Down What comes around, goes around; stay long enough in one spot and you will see history repeated. Self-important pundits, prognosticators, […]
7 Ideas For Real Estaters In This Market
When I Started I Knew That I Wanted To Sell Apartment Houses By syndicating them and then property managing them during our ownership. To do this I found that my best sources for leads was teaching at UCLA in their evening Real Estate classes, speaking at Apartment Association meetings, and regularly reconnecting with previous clients. […]