Residential Real Estate VS. Commercial Real Estate

Every day I come across clients who understand that having their residential property in a commercial zoning, implies that their property is going to have a commercial value. The market price of residential properties is analyzed through transactions performed by an appraiser who studies the comparable of the property and determines its price according to […]

Why does the REALTOR® ask for a pre-qualification letter?

Every day I receive calls from buyers interested in one of the listings to sell, and I have always run into the buyer who wants to see the residential, commercial or land property without a pre-qualification letter from their financial institution of choice.  I always get the same 3 responses:   1. I just want to […]

Is your Home in Danger of Foreclosure? A Short Sale may be your way out

A Short Sale is the alternative to sell a property at a lower price than what the borrower owes, including the sale price approved by the lending financial institution. The lender forgives the difference between the amount owed and the amount for which the house is sold. The bank also covers the expenses related to […]

WHAT HAPPENS TO THE HOME IN THE EVENT OF A DIVORCE?

The breakup of a couple almost always opens a conflicting scenario around what is done with the home in case of divorce, so the future of the property is also determined after the separation.  MARRIAGE CONTRACT The marriage contract is key to resolving the housing dispute in a divorce. Its considerations set the basis for […]

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