Questions About Today’s Real Estate?

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Should I Sell Or Rent My Home
Dear Phyllis,
I look forward to reading your weekly Q&A, and after years of enjoyment, I have a real estate related question for you. My employer is moving out of state and I will be following them to our new headquarters.  I need help deciding whether to sell or […]

Questions About Today’s Real Estate?

Ask Phyllis!
 
Selling With The Least Effort
 
Dear Phyllis,
I have been reading your column for years, and love it. I am getting to the age that I need to be near my family. My daughter wants me to move closer to her and my beautiful grandchildren. I have lived in my home for 40 years and I […]

Questions About Today’s Real Estate?

Ask Phyllis!
First Time Buyer Woes
Dear Phyllis,
We have been married for five years and managed to save over $50,000.  Although, we haven’t started a family, we really want to purchase in La Crescenta because of the school district. With a starter home going for well over $700,000 I just don’t see how we can ever save […]

Questions About Today’s Real Estate?

Ask Phyllis!

Sellers Changed Their Mind
Dear Phyllis,
I have been reading your advice column for years and don’t think I have seen you address this problem.  Can a seller back out of escrow after they have signed the contract?  The seller accepted my son’s offer, he applied for a loan, had an inspection and now the seller’s […]

Questions About Today’s Real Estate?

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Inheriting Property
Dear Phyllis,
I am my aunt’s only heir and have inherited her Glendale home. Her home is solid but looks like a Grandma’s home and while I am handy, I wouldn’t have a lot of money for fixing it up. I am excited for this opportunity but  realize this is a big responsibility as […]

Questions About Today’s Real Estate?

 
Ask Phyllis!
 
Appraisal Descrpancies
 

Dear Phyllis,
My wife and I are first time buyers and have saved $80,000 for our down payment. Each of our parents is helping us with the remainder.  Out of five offers, our $985,000 bid was the highest. We hired an inspector and everything seemed fine, until the bank’s appraiser decided our home was […]

Questions About Today’s Real Estate?

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Pros And Cons Of Lease Options
 
Dear Phyllis,
  Because we are cleaning up our credit and can’t get a loan we would like to try to find a rent to own opportunity.  Can you explain how these work and where we can find these listings?  
JLM

Dear JLM,
   There is no specific source for rent to own […]

Questions About Today’s Real Estate?

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Selling An Empty Home vs. A Staged One
 
Dear Phyllis,
 
  Thank you for your column which I always look forward to reading.  I will be relocating my mom from Valencia and am wondering if it’s better to sell her house completely empty, or whether I should have it staged or just work with some of […]

Questions About Today’s Real Estate?

Ask Phyllis!

Realtor Responsibilities
Dear Phyllis,
  Four months ago, our home was in escrow and it was a nightmare. Our buyer’s original offer was a cash offer. He then opted to get a loan and the appraisal came in low. All of this developed after we had been in escrow for three weeks. We had already relocated […]

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Short Sale Timelines
Dear Phyllis,
  Three weeks ago, we made an offer for a short sale listing. The seller’s agent acknowledged receipt and said she forwarded our offer to the bank.  She says she still hasn’t heard from the bank and as you can imagine, we are anxious. We have a $28,000 deposit just sitting in […]

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