Brian Ripp's Blog

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Real Estate Broker/Owner - Legacy real estate - CA BRE#00886348
RECENT BLOG POSTS
Home sales increased 35.2 percent in May in California compared with the same period a year ago, while the median price of an existing home declined 30.4 percent, C.A.R. reported last week. "With affordability for first-time buyers at a record high, sales of existing, single-family homes continue...
07/01/2009
 A surge in home sales that started in some of California's more affordable inland areas has begun to spread to several more expensive coastal areas, another indicator that the state's real estate market may be in recovery mode.  •·         Many homes in the lower end of the market are receiving ...
06/25/2009
A few years ago, many were seeing their real estate investments appreciate at incredible rates, and in turn, were doing 1031 tax-deferred exchanges to defer their capital gains liabilities into new investment properties. But in today's market, many investors see limited or no appreciation in thei...
06/22/2009
First-time home buyers wanting to take advantage of the state's $10,000 tax credit may have less time than originally expected.  California set aside $100 million to help home buyers purchase newly built homes, hoping to jump start the residential-construction market.  According to state officia...
06/20/2009
California is imposing a 90-day moratorium on housing foreclosures under a new law that takes effect Monday, June 15th. The law is expected to make lenders try harder to keep borrowers in their homes. Loan companies must prove they tried to modify the delinquent loans before they can begin forecl...
06/15/2009
If you are purchasing a home, obtaining a loan is a big part of the process.  Before you choose a mortgage lender, you may want to talk to a few lending institutions and ask them some questions.  Then use the information you gather as a basis for comparing loans and choosing the one that's right ...
06/12/2009
Before closing escrow on your new home, it may be wise to walk through the house for a final look.  This gives you the chance to make sure that everything is still as it was when you agreed to buy the home.  Usually this walk-through is an informal procedure and not a contingency of your contract...
06/08/2009
The surrounding neighborhood is just as important because it can have a big impact on your lifestyle -- safety, available amenities, and convenience all play their part, according to the National Association of Realtors (NAR). NAR also says you can keep your home value stable if you find the righ...
06/03/2009
The pattern gets clearer week after week: We are looking at a slow-motion housing recovery that should have us out of the recession later this year. Now that's not to ignore the fact that there are markets in the country that still face very challenging economic dynamics - with no real turnaround...
06/01/2009
LONGER STAY FOR TENANTS OF FORECLOSED HOMES: Effective immediately, an REO lender or buyer who acquires title through a foreclosure sale must give at least a 90-day notice to terminate a bona fide tenant as defined. A 90-day notice to terminate is sufficient for a month-to-month tenant or if a ne...
05/30/2009
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Brian Ripp

Brian Ripp
local_phone(510) 794-9922
smartphone(510) 710-4905
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