What Are the Key Differences Between Triple Net and Gross Leases?
In a triple net (NNN) lease, tenants pay their base rent plus three extra costs: property taxes, insurance, and building upkeep. A gross lease is simpler – tenants make one set monthly payment that covers everything, and the landlord handles all other costs. With NNN leases, tenants have more say in building matters but their […]
What Are Common Title Issues in Residential Sales?
Title problems in home sales often include unpaid debts on the property, fights over where property lines are, mistakes in official records, and claims from unknown family members who might own part of the property. These problems can come up when paperwork is done wrong, when property is sold illegally, or when someone’s ownership rights […]
What Are Common Commercial Real Estate Investment Risks?
Commercial real estate investing comes with several big risks that can hurt your returns. Changes in the market and uncertain economic times can lower property values and reduce rent income. When people move away or businesses relocate, buildings can sit empty for 6-18 months. Problems like mold or asbestos can make insurance cost up to […]
Understanding the California Homeowner Bill of Rights: Your Key to Stopping Foreclosure
The California Homeowner Bill of Rights (HBOR) helps protect homeowners who might lose their homes. The law makes banks give each homeowner one main person to talk to, stops banks from moving forward with home taking while looking at loan changes, and requires banks to send clear written warnings before taking a home. If banks […]
Top Mistakes Homeowners Make When Facing Foreclosure—and How to Avoid Them
When homeowners risk losing their homes, they often make key mistakes that make things worse. Many ignore early signs of trouble and stop talking to their lenders. Some don’t ask experts for help or look into ways to change their loans to keep their homes. Taking money from retirement savings and making small payments without […]
Resurrected Debt: How to Handle Zombie Loans After Foreclosure in California
After losing their homes in California, homeowners can still face leftover debt claims, but the law helps protect them. These safeguards work best for people who lived in their homes and took out the original loan to buy the property. To stay safe, homeowners should keep records of every talk with debt collectors, ask for […]
Non-Judicial Foreclosure in California: How to Protect Your Rights as a Homeowner
When a California homeowner falls behind on payments, lenders start non-judicial foreclosure by sending a Notice of Default. This gives owners 90 days to catch up on missed payments. After that, the lender can send a Notice of Sale. Homeowners can protect themselves by asking for a loan change review or pointing out if the […]
How to Verify Your Lender’s Credentials?
To check if a lender is trustworthy, start by looking them up in state and federal databases using the Nationwide Multistate Licensing System (NMLS). Look at their Better Business Bureau score and check if they belong to any banking or lending groups. Read what other customers say about them on different review sites. Make sure […]
How to Spot Red Flags in a Home Inspection?
A home inspection looks at five main trouble spots in a house. Signs of foundation problems include big cracks wider than 1/4 inch and floors that aren’t level. Bad electrical systems show up as old wiring and outlets that handle too much power. Water problems leave dark stains and green or black mold. Bad roofs […]
How to Report Suspected Mortgage Fraud?
To report mortgage fraud, keep clear records of anything that seems suspicious, including paperwork, photos, and notes with dates and times. You can send your report to government agencies like the FBI and HUD, or to your state’s top lawyer (attorney general). Good record-keeping helps investigators look into the case better. Knowing how to report […]