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Liar loans are back in vogue in the real estate market
It was not too long ago that shady Subprime loansand crashed the US economy. But we had predicted that the liar loans won't be too far off with inflated appraisals that were appearing on underwriter's desk. Well, we are happy to report that Liar Loans are back...
Top 7 questions for tenant screening
Do you have rentals in California? Are you involved in tenant screening or your property manager is screening them? It would well worth your time to make certain that anyone screening your tenants understand HUD's guidelines on what constitutes housing...
Unintended consequences of renting your home with Airbnb
Do you have California rentals? Are you marketing your home as a rental on Airbnb? As you know Airbnb has created a well branded service to help home owners market their homes for rent. But these rental income opportunities could have unintended consequences....
Top 5 risks of owning California rental properties
Are you interested in generating rental income? Are you convinced you can be a successful landlord? Well, most Americans are ill-prepared to manage rental properties. Below are the top 5 risks of owning rental properties: Mortgage Debt: Unless you are buying...
Your Los Gatos Swimming pool just became a liability
Santa Clara Water district announced the water conversation guidelines on June 13, 2015 and the measure are drastic. While the State government is recommending a 25% reduction of every households water usage in 2013; the Santa Clara Water district is mandating...
Unemployment impact on Silicon Valley housing prices
The unemployment rate in California dropped 1% to 6.2% in May 2015. In fact, some pockets including San Francisco, the unemployment dropped to 3.5%. Santa Clara and San Mateo County dropped to 4.0% and 3.3% respectively. The impact of such drop in unemployment...