No Contingency Purchase Offer

Most Silicon Valley home buyers are well aware that a no contingency purchase offer is more appealing to a home seller than a contingent purchase offer. A prospective home buyer should still think carefully about the risks they face when making a no contingency...

GPM – Graduated Payment Mortgage

Many home buyers have heard about adjustable-rate mortgages (ARMs). They typically have the advantage of lower mortgage payments than fixed-rate mortgages. This enables the home buyer to get a larger mortgage and buy a more expensive home. An ARM comes with the risk...

Why Make A Preemptive Offer To Buy?

Unfortunately many first time home buyers believe that if a house is offered for sale with a specified offer date, they have to make their offer on that date, or perhaps later if it isn’t sold. There are no laws that prevent home sellers from accepting a...

Investment Trend – Hotels Converted To Apartments

As affordable housing becomes more scarce nationwide, developers are buying distressed hotels and turning them into apartments. Nationwide, 18% of hotels are behind on their mortgages as of Dec, 2020. “Apartments around here, you might pay $120,000 a door, and we can...