Nick's Blog

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Last week we talked about the term contingency and what it means. As a recap, contingencies are a way of qualifying your obligation to fulfill a contract. In real estate contracts we talk often of removing or waiving your contingencies. What does it mean to remove or waive your contingencies?Simp...

Many industries have their own languages. Real estate is no exception. That is what our question this week deals with. What are contingencies?Contingencies in a contract are a legal way of saying that unless certain things happen you will not fulfill your end of the agreement. For instance, say y...

Do you feel that you missed the last housing boom? Are you afraid that if you don't take the appropriate action you will miss the next big housing boom? That is exactly what we are going to be discussing this week with a question that was submitted by one of our readers.How do I keep from missing...

In a continuation of our discussion on First Time Home Buyers (FTHB), this week we are going to look at some of the creative programs out there designed to get you into the home of your dreams.  There are literally many better options out there now for you than there were a year ago, which brings...

At the risk of stating the obvious, the market has definitely changed in the last year.   It is now more of a buyers market than it has been in at least 7 years.  That means it is time for all the first-time home buyers to come out of the woodwork.  The deals probably aren't going to get much bet...

This article involves a question that a potential client called and asked me, that I think is fairly typical of today's housing market. I spoke with this young man, who was just bewildered and beside himself. Why? Because he knew that in three months his interest rate was set to adjust, and he ca...

Hoddinott Real Estate Consulting has teamed with several area lenders and service providers.  We are  holding a Firs-Time home buyer seminar.  If you are interested in attending please email or call me for dates and times.  This is only for the Sacramento, Solano, Placer, and Yolo Counties.  We a...

This question deals with something that I have been asked quite a few times. It came up while I was helping a first-time home buyer client of mine look for a house.What are "CC&R's"?CC&R's stands for Covenants, Conditions, and Restrictions. As you can probably tell, they are really three differen...

Does anyone out there have any opinion on posting items to someone else's blog to promote your business without their permission???I mention this because a very over zealous agent posted a comment on one of my blog sites advertising his own business.  Don't get me wrong we all run these things to...