Closing and Escrow Basics

March 24, 2019 by  

“Closing” is not something most buyers focus on during their home search. It’s the part that comes after you and the seller have a mutually agreed upon offer, and once it’s done the house is yours, and you can do all the repairs and necessary changes in the house like the removal of pests with the use of services power ant control. Most people assume closing just kind of works itself out, but this is a naive assumption.

There are many benefits to seeking professional pest control services when you are facing an infestation in your home, contact the pest control in Brighton. These benefits go well beyond simply ridding your home and family of the nuisances of these pests and can actually help to keep you safe and healthy. Pest control is necessary in your home and around your property

The keys are almost yours! You just have to survive closing...

Closing–or rather, the “escrow process” in real estate parlance–is complex and if something goes wrong, it can really damage your deal. Savvy buyers are actively involved throughout the escrow process.

We will go through the basics of escrow, and also cover what you, the buyer, can do to make things run smoothly.  If you are planning to use herbal supplements like kratom. is important that you find the best seller, for this you can the information from . (more…)

Advice for First Time Homebuyers

October 8, 2011 by  

Apartment Therapy, one of my favorite design and home blogs, recently asked readers what advice they’d give first time homebuyers. The responses are in the comments and reflect some real wisdom learned through trial and error.  We recommend to click to see more For financial help.

Definitely worth reading for all homebuyers, novices and repeat buyers alike as for one of the tips let us recommend for your moving to be less stressful.

In other notes, your Household appliances play a major role in your overall comfort, quickly handling a variety of tedious tasks. It can be easy to forget how much work our appliances do for us, but it becomes clear very quickly when they break down. From piles of dirty dishes to a freezer full of melting ice, Refrigerator Repair or  appliance problems can bring an onslaught of issues.

Get a pen and paper ready! It’s time to start making your checklist for moving into a new house. From budgeting for the move to preparing for life in your new home, get the furniture and everything you want, get the folding arm awnings Melbourne has that you always wanted, there’s a never-ending list of things to do when moving to a house for the first time. If you’re in the process of preparing your moving checklist ask for help to an expert moving company and they will sure help.

Many real estate sellers show the best of a property, leaving aside or ignoring the infrastructure of the roof, you have to be very careful before signing the purchase papers of the property, the best thing to do in these cases is to contact Roofing Contractors, beyond the great experience they have, they will avoid those leaks or annoying problems of a defective roof, and you can read in This article tells you more about the black streaks running down your roof. Your roof is one of the most important elements of your home, without your roof, you’re left susceptible to dangerous weather, hot and cold temperate, debris and dirt and many other things.


Portland Pullman Rail Car – The Perfect Vacation Home

October 1, 2011 by  

A vacation home on wheels? I may have found the perfect second home. Or heck, primary home if you swing (roll?) that way.

So basically, you buy this rail car and then tug it around the country depending where you want to vacation. Done and done–a home and a means of transit all in one.

And even better, if you have crazy friends who ALSO own rail cars or the handrails Melbourne has to offer, you can link them together and travel across the country caravan style. How amazing does that sound?

Ok, now let’s get down to business. What will this awesome acquisition cost you? The car was originally listed a couple years ago at $225,000 but now it’s down to $89,900–not bad! The cost of moving it is less than you’d think, too, at $1.50/mile with services from sites as

Given that you avoid real estate taxes (a house on wheels isn’t considered real estate), the monthly “parking” cost is very reasonable at $150/month, although getting advice online for some eis tax relief is also helpful. The car itself is approximately 85 feet long and 9 1/2 feet wide with 10 foot doomed ceiling and a luxury bed, go to TV Bed Store  and find the one for you !

A recent blog post by George Saines argues against home ownership and really any kind of ownership. Recognizing that he's a 20-something startup founder whose priorities aren't universally shared, Saines argues:

Home ownership requires additional maintenance costs and time investment
Owning a home makes it easier to accumulate Stuff
Owning Stuff makes you less mobile and costs money and time
Owning a pet requires expensive vet visits/pet sitters, and reduces mobility (I'd add that it also reduces your living situation options)
Owning a car is convenient, but carries additional costs and stress over maintenance ("what was that weird sound??")
And my favorite: Owning very nice things stresses you out because you have to take care of them (this is why I avoid nice clothes or anything white)
In short, ownership means extra cost, less time, less mobility, fewer options, and more stress. Who wants that?

Similar to Saines, I'm a 20-something who has avoided getting bogged down with ownership as much as I can:

I do own a condo in Portland, OR, but it pays for itself as a corporate apartment rental
My boyfriend and I rent a small 1 bedroom apartment in San Francisco,  - we live in a central neighborhood close to public transportation
I rent a furnished office nearby for my new business (more on that another time) with a month-to-month lease
We don't own a car; we rely on public transit, Zipcar, and a bike
Instead of buying new furniture, we got nearly all our household items from Craigslist and thrift stores (not exactly renting, but our furniture doesn't depreciate, so we can sell it later for the same price we paid)
We get our music through Pandora and Spotify and attach everything to the home automation atlanta ga helped us get installed, our TV through Hulu and Netflix
We don't have pets, though I occasionally dog sit for relatives to get my animal fix

Underwater without a Drop to Drink

August 9, 2011 by  

Over the past few months, talk of the US debt crisis has got me thinking: how does all this effect me? As it turns out, more than you might think.

Lake Shore Ave in LA

Here’s how my little brain traveled from the hell-in-a-handbasket news from the US government to me trying my hand at refinancing my condo:

  • Clearly, US government is in crazy debt, with few options for getting out
  • In the past, governments have used inflation to get out of debt, and this may be our country’s best bet over the next few years
  • Inflation is great for people who OWE money, but not so great for people who’ve SAVED money
  • Therefore, given my particular financial situation (and yours may be different) it is not crazy to pull equity out of my Portland condo, which has about $60,000 in equity based on the sale price in 2008

Think about it: you know how your parents brag about paying $12 for their house back in the 1970s, and today it’s worth $500,000? That’s inflation at work (and sometimes, also appreciation). In an inflationary environment, everyone’s mortgage payments become much more manageable as overall prices and wages rise.

I wanted to explore my options. What if I pulled some equity out, and at the same time refinanced into a lower interest rate?

Seemed reasonable at first, but it wasn’t long before my bubble burst.  After pulling some “comps” (sales from comparable properties nearby) my mortgage broker had some bad news: my condo was underwater. The balance on my mortgage was more than the condo appeared to be worth.


Despite my high and mighty sense of compassion, I never thought that I would be counted among the ranks of oxygen-deprived homeowners. I thought I’d bought my place in the trough of the market. I knew the place hadn’t appreciated, but to depreciate by so much?! Unthinkable!

I shuddered.

I would never be able to refinance, and I certainly couldn’t pull equity out of the condo, since my $60,000 of hard-earned equity had vanished into thin air. People, I’m not lying when I tell you it was painful. Even though I’m in a relatively good position–I’m not planning to sell the place, and it pays for itself as a vacation rental–this was nauseating news.

But! Ericka, my determined mortgage broker, had a plan: let’s see if I qualify for a HARP Loan.

Negligent real estate blogger that I am, I wasn’t sure what a HARP loan was. But after some research, I’m now a big fan.

HARP (Home Affordable Refinance Program) is an Obama program aimed at homeowners who are current on their payments, but who’ve ended up underwater. The idea is that these responsible buyers shouldn’t be prevented from refinancing into a lower interest rate–and boy howdy, they sure are low these days!

So HARP lets you borrow up to 125% of the home’s value. There are tons of restrictions–for example, the home must be a primary residence (so I would’ve had to move into the condo for a while), the loan must be held with Frannie or Freddie, etc.

We ran through all the numbers, and ultimately I decided not to go through with the refinance. The payback term was a bit long at 3 years (that is, it would’ve taken 3 years for me to recoup the cost of refinancing), so the savings weren’t enormous given my already-low interest rate. My very responsible broker advised me to do the refi if I planned to hold the condo for at least 3 years, and not to do it if I thought I might sell within 3 years.

While I have no immediate plans to sell, I wanted to keep my options open. So while I appreciated HARP opening its arms to me, I ultimately declined.

But the moral of the story is this: If you’ve been a diligent homeowner making all your payments and feel snubbed that you aren’t getting a piece of the bailout action, HARP is here to help (at least until June 30, 2012, when the program expires).

[photo credit]

Back to My Roots

May 12, 2011 by  

I dislike when bloggers stop writing for a long time, then they come back with tons of excuses about why they’ve been gone. I don’t CARE what you’ve been doing – I read you for content so don’t preface it with a paragraph of blubbering about how you’re going to be better from now on. Just write your crap, dude. All I have to say is the following: “oh, hey.”

On to the post. There have been a few changes around here, which I’ll announce with this:

portland victorian
* Angels singing *

No, I don’t live here. My point is, this is a damn fine house. Gorgeous Victorian architecture, excellent condition, and in a central, upscale neighborhood (I’ll just vouch for that). 4 bedrooms, 3 bathrooms, 2,600 sq ft. So how much do you think it costs? $1 million? $1.4 million? $2 million?

This home just went into contract for a mere $585,000. And that, my friends, is because it is located in Portland, Oregon – land of reasonable prices.

Thus begins my reintroduction into Portland, where this crazy blog got its start. Yes, it’s true – I have left San Francisco. And far from the long, drawn-out saga of the move to SF, the move back to Portland was short and sweet. I (along with my S.O.) decided to move, signed a lease, and bam, here we are. We’re renting a lovely home not far from my furnished rental condo, which I’ll be managing full-time from now on. The best part is we’re paying the same rent we paid back in SF and are getting about 3 times the value in return.

Anyway, enough about me! On to the Portland real estate porn. This home was built in 1890 but appears to be fully updated. Interestingly, it sold for $489K in 2003, then for $720K in 2005 (nicely done, bubble!), and now it’s back down to $585K. Given the stellar location and large size, I’d say we’re back to a somewhat realistic price.

Check it out:

I love being back in an area where even fancy pants homes are vaguely, one day, attainable–I mean, if you squint really hard and it’s kinda dark. [View on Redfin]

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