Tag: home renovations
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When Your Starter Home Becomes Your Forever Home: How to Weather the Lock-In Effect and Make the Most of Your Deed
Who wants to sell a home when they have a low-rate mortgage and land in a market where interest rates are twice as high? No wonder so many people are just sitting on their deeds. It’s the lock-in effect. We’ve been in it for four years… and counting. Make no mistake: deed holders are fortunate…
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Home-Flipping Update: California Passes Major Disclosure Law
California just changed the home-flipping game. Fixer-upper home buyers who turn around and sell the homes must follow the new Flipper Disclosure Law, formally known as Assembly Bill 968. What’s California so concerned about? Home flippers are, of course, profit-driven. Sometimes, a flip is done quickly, with cosmetic touchups that gloss over the deeper work…
