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Archives / February 2011

Pending California Real Estate Sales Provide Hope for Spring
February 25, 2011

Pending California Home Sales Bode Well for Spring New CAR index tracks homes under contract By Inman News Pending home...


Are You Ready to Move Up?
February 17, 2011

Today's market has created an environment where it is a great time to be a buyer. Interest rates are still at historical lows, the job market is improving, and affordability is near generational highs. Those with growing families and steady jobs may be asking themselves if now is the time to "move up". To answer this question, consider these points: 1. Finances: Is your job steady and secure? Moving up can mean taking on the responsibility of a bigger monthly mortgage payment, along with higher...


What’s the Difference Between a Foreclosure and a Short Sale?
February 14, 2011

Often times buyers come to me confused about the real differences between foreclosures and short sales. Thought I'd take a moment to briefly explain about both of these, and the differences. What is a Short Sale? A Short Sale is any property that is still owned by the owner, but they are likely not making payments on the loan, and they are “underwater” on their loan balance. This means that they owe more than the home is worth. The seller, in conjunction with agents who are specially...


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    Richard Schulman, Keller Williams Realty
    10880 Wilshire Boulevard, Suite 122
    Los Angeles, CA 90024
    Phone: (310) 482-0173
    Fax: (310) 564-0584
    Email: schulmanrd@gmail.com
    DRE Lic # 01427211

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