BLOGS

Can I Sell My Home With Unpermitted Work?

Yes, you can sell a home with unpermitted work in California. You just can't hide it. State law requires you to disclose any known unpermitted additions, conversions, or repairs on your Transfer Disclosure Statement before the buyer signs. Skip that step and you're not just risking the sale. You're

Could You Take Your 3% Mortgage Rate With You? What Homeowners Should Know About the MOVE Act

Quick answer: Not yet, and maybe not even under this bill. The MOVE Act is a proposed law in Congress that would eventually require Fannie Mae and Freddie Mac to buy "portable" mortgages, ones where you could take your rate, balance, and terms to your next house. It's not law. And even if it passes,

What Happens If the Home You're Buying Doesn't Appraise?

Quick answer: If the appraisal comes in lower than your offer, your lender won't loan you more than that appraised value. You've got four options: pay the difference in cash, renegotiate the price with the seller, challenge the appraisal, or walk away and keep your earnest money (if you have an appr