What is a short sale? Let's break it down. Say you're selling your home; however, the offer you get is so low, it won't cover the total amount you owe on your mortgage. But you need to unload it, so you'll take it. This is a short sale—simply put, you end up “short” on paying back your lender, and your […]

What is the distinction between a foreclosure and a short sale? Foreclosures and short sales are each choices for homeowners that have fallen behind on their mortgage payments, however it is vital to grasp the distinction between these two processes. So if you are having trouble paying your mortgage and are not sure what to […]

Originally published in 2015.  Additional material added in 2019. Curious what a 1031 Exchange is all about?  It is a great tool for investors!  Find out the general details and California specifics below! Definition: A 1031 exchange, also known as a like-kind exchange, allows you to roll over your capital from the property you have […]