Closing Costs in California Explained
Who Pays Closing Costs in California?
Closing costs are a combination of service fees and taxes collected at the final stage of a real estate transaction.
When you buy a home in California, several businesses and local government entities get ...
Posted by Tony Mariotti on March 16, 2019 in Buying a Home
Things to Know BEFORE Moving to Los Angeles [2019 Guide]
This article was updated 2/13/19
Thinking of moving to Los Angeles? If the city's population is any measure of how much people like it, then there's substantial evidence that living in Los Angeles is pretty great. 3.9 million people live within the ...
Posted by Tony Mariotti on February 13, 2019 in Communities
What Does a Realtor Do?
Most Realtors complete real estate transactions behind the scenes, only involving their client when necessary. Realtors do this intentionally, as they understand that their their clients hired them so that they need not be concerned with the ...
Posted by Tony Mariotti on February 6, 2019 in Buying a Home
Sierra Interactive Review: Real Estate Websites by Sierra Interactive
On November 15, 2018, I finished migrating my real estate website to Sierra Interactive. What follows is a Sierra Interactive review based on setting up and deploying my website on their platform.
As a part of this review of Sierra Interactive, it ...
Posted by Tony Mariotti on January 11, 2019 in Articles for Realtors
California Jumbo Loans: Mortgage Limits & Requirements
What is a California Jumbo Loan?
California houses come in all shapes and sizes. Depending on the amount you need to borrow and the property location, you may need to finance your home with a jumbo loan. A jumbo loan in California is mortgage that ...
Posted by Tony Mariotti on December 27, 2018 in Financing a Home
Printable Change of Address Checklist
Among the myriad of moving tasks, changing your address is one of the most important. Missing mail, unpaid bills, or service disruptions are the last things anyone wants to happen during a move.In fact, the earlier you can notify people, government ...
Posted by Tony Mariotti on December 8, 2018 in Selling Your Home
What are the Best Suburbs of Los Angeles? [Insider's Guide]
More often than not when people say "Los Angeles" they are referring to the entire Greater Los Angeles area, which is enormous (L.A. County alone covers 4,751 square miles). It would be a mistake to lump every city, suburb, district, and ...
Posted by Tony Mariotti on September 25, 2018 in Communities
Living in the Hollywood Hills - Reasons Why Life Here is Amazing
For a moment, let’s pretend there are only two kinds of people in the world: beach people and hill people. If you love panoramic views and being surrounded by nature, you’re probably a hill person. And if you’re a hill person ...
Posted by Tony Mariotti on August 30, 2018 in Communities
Living in Santa Monica - Here's What it's Like [Insider's Guide]
Santa Monica’s quality of life ranks high, making it one of Southern California’s most coveted places to live. People move to Santa Monica to be close to the beach, to enjoy a more relaxed lifestyle, and to take advantage of all its ...
Posted by Tony Mariotti on July 22, 2018 in Communities
Living in Beachwood Canyon: Here’s What It’s Like
Beachwood Canyon is wedged into the eastern portion of the Santa Monica Mountains and sits directly below the iconic Hollywood Sign. It is home to one of the original Hollywood Hills neighborhoods, Hollywoodland, perched on the southern facing ...
Posted by Tony Mariotti on July 20, 2018 in Communities
8 Incredible Fannie Mae HomePath Alternatives
What is Fannie Mae HomePath?
The banking crisis and ensuing real estate market collapse of 2008 made it very difficult for many borrowers to continue making their mortgage payments. A big increase in real estate owned (REO) properties followed....
Posted by Tony Mariotti on June 25, 2018 in Financing a Home
Living in Beverly Hills - Here's What it's Like [Insider's Guide]
Beverly Hills is clearly the most famous area in Los Angeles County and perhaps Southern California. It is both a place (a stand-alone municipality within Los Angeles) and a symbol (the embodiment of the entertainment industry, fame, and wealth....
Posted by Tony Mariotti on June 25, 2018 in Communities
Los Feliz is a Great Place to Live. Here's Why.
If you drove through Los Feliz without knowing its history, you’d hardly be able to tell the significant role the neighborhood and its residents played in the early days of the motion picture industry. There are no shrines, statues or ...
Posted by Tony Mariotti on May 19, 2018 in Communities
Living in Echo Park – Here’s What it's Like [Insider’s Guide]
Echo Park is one of the best neighborhoods in Los Angeles. Echo Park borders Silver Lake, Chinatown and Downtown Los Angeles. It occupies 2.4 square miles of Central Los Angeles, with Echo Park Lake sitting in the middle. It has a population of ...
Posted by Tony Mariotti on May 14, 2018 in Communities
6 Steps of the Mortgage Loan Process: From Pre-Approval to Closing
There are six distinct phases of the mortgage loan process: pre-approval, house shopping; mortgage application; loan processing; underwriting and closing. Here's what you need to know about each step.
1. Mortgage Pre-Approval
Posted by Tony Mariotti on March 21, 2018 in Financing a Home
'Active Under Contract' Property Status: Everything You Need to Know
“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not ...
Posted by Tony Mariotti on March 21, 2018 in Buying a Home
Best Neighborhoods in Los Angeles [Insider's Guide]
If you ask an Angelino about the best neighborhoods in Los Angeles, you might get 4 million different answers. Some folks love to live near the beach. Some choose a neighborhood based how far it is from their workplace. Others seek the right ...
Posted by Tony Mariotti on March 2, 2018 in Communities
What Credit Score is Needed to Buy a Home?
Have you ever asked yourself, “What credit score is needed to buy a house?”
The short answer is: Lenders typically want to see a minimum FICO score of 620.
The long answer is: It depends.
Lenders weigh more than just your credit score ...
Posted by Tony Mariotti on October 17, 2017 in Financing a Home
Making an Offer on a House [Step-by-Step]
If you’re a home shopper who’s made your way to this article, there’s a good chance you’ve already been pre-approved for a loan, searched houses online, viewed a few in-person, and narrowed down your choice to the home you ...
Posted by Tony Mariotti on August 5, 2017 in Buying a Home
How do Realtors Get Paid? What Every Buyer and Seller Should Know
Realtors get paid on a commission basis, usually 5 to 6 percent of a home’s sales price, which is split between the listing broker and buyer's agent. Fees typically come out of the sellers’ proceeds while buyers generally pay nothing to ...
Posted by Tony Mariotti on August 2, 2017 in Buying a Home