My manager at Coldwell Banker in 1991, concerning Equity-Share agreements, sale, transactions, etc., quipped, “they are full of land mines.” At that time, Coldwell Banker’s Northern California’s legal department was instructing their office managers to avoid Equity-Share agreements/sales.
Traditional Equity-Share agreements should be lengthy, cover all the “what if’s.” and be drafted by a real […]

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As part of the “economic stimulus package” pushed through by President Bush, the conforming loan limit has been raised to $729,750. What does this mean for a home buyer in Santa Clara County? If your buying a property as your residence, this program allows you to obtain an interest […]

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Kapowich on Real Estate Program # 141

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Adventures in Short Sale Purchasing
Many investors and potential home buyers who have been reluctant to enter the housing market in recent years are starting to perk up now at the thought buying a discounted property through a short sale.
Some Basics:
What is a short sale? This is when the borrower owes the bank more than […]

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Adventures in Short Sale Purchasing
Many investors and potential home buyers who have been reluctant to enter the housing market in recent years are starting to perk up now at the thought buying a discounted property through a short sale.
Some Basics:
What is a short sale? This is when the borrower owes the bank more than […]

[Read more →]

When do the “what-ifs” multiply exponentially?
The number one mistake made when negotiating a residential real estate
transaction is when participants lack understanding of the responsibilities
of all of the players. This is even more true when non-married, co-buyers
are purchasing a property. That’s when “what-ifs” just multiply exponentially.
Proper Planning Prevents Perplexing Problems

Real estate attorney Nancy […]

[Read more →]

Adventures in Short Sale Purchasing
Many investors and potential home buyers who have been reluctant to enter the housing market in recent years are starting to perk up now at the thought buying a discounted property through a short sale.
Some Basics:
What is a short sale? This is when the borrower owes the bank more than […]

[Read more →]

It’s not uncommon for a seller to want to back out of a contract. Menlo Park real estate attorney Nancy Chillag agreed on the causes and cures when I interviewed her on this topic.”Sometimes the seller will put their house on the market; just testing the water” Chillag went on to say “It could sell […]

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Without the various natural hazards that occur in California such as earthquakes, floods, fires it’s unlikely we would have the great number of disclosure requirements we have today in our state.
But what started it all? How long have we had disclosure?

The San Fernando earthquake which occurred in February 1971 is the reason we have disclosure. […]

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When do the “what-ifs” multiply exponentially?
The number one mistake made when negotiating a residential real estate
transaction is when participants lack understanding of the responsibilities
of all of the players. This is even more true when non-married, co-buyers
are purchasing a property. That’s when “what-ifs” just multiply exponentially.
Proper Planning Prevents Perplexing Problems

Real estate attorney Nancy […]

[Read more →]