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Home Sale Tax Timeline: What You Need To Know

If you’ve been wondering how long you have to buy a house after selling one to avoid a tax penalty, you’re dealing with a widely circulated, but outdated belief. The idea that you must purchase another home within a specified window a...

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OC Office Loan Special Servicing

You won’t hear a lot about office woes in Orange County, but nowhere is perfect. The commercial mortgage-backed securities debt connected to an office park located in Westminster went to special servicing after the borrower defaulted on abou...

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The Federal Reserve’s impact on mortgage rates

Why this matters: Current uncertainty comes from a unique balancing act done by the Fed to both reign in consumer inflation and bring down high interest rates. For real estate agents and brokers, both concerns affect clientele. High mortgage ra...

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Real Estate Sort Of Changes Tune On Mamdani

After months of forecasting disaster, real estate responded to Zohran Mamdani’s election victory with a resounding shrug.Leading up to the election, industry players across sectors threw their money and their mouths behind the mayor-elect’s...

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The Ultimate Home Buying Checklist In 15 Steps

Key takeaways: Get your finances in order early to know what you can afford. Find the right team – a great agent and lender make all the difference. Stay organized from preapproval to closing to make the process smoother. You’ve bee...

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A closer look at the due-on clause

Why this matters: This article covers an owner’s use of property rights which allows a mortgage holder to capitalize on the due-on clause to extract further profit by calling the mortgage due and payable, or waiving the call to modify the ...

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