Def.: Trust - confident expectation of something; hope. Many luxury residential and commercial sellers don’t have a lot of trust in the real estate market. Recently, as if rattling a sordid skeleton, a local high-end Realtor squeamishly confided, “Nothing’s moving right now.” Though conventional
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01/21/2009
The quick answer to this question is "As much as possible." The more money someone puts down, the more protective equity you have, and the less likely they are to default. It's called, "Having some skin in the game." There are good buyers out there who do not have 20% or more for a cash down paym
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01/18/2009
Recently, LA Times writer Peter Hong published an article about the new interest mortgage interest rates: Mortgage rates fall, but many borrowers will have trouble qualifying - Low seasonal demand and high borrowing standards make a rush of new loans unlikely. ". . . Jumbo mortgages, those over $
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01/18/2009
This seller is representative of many sellers of smaller and mid-sized commercial buildings these days: "Dear Dawn, I read with great interest the 10/3/08, Investor's Business Daily article that featured your information on seller financing. I personally own a lake front condo office in Stockton.
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01/18/2009
