What Happens If the Buyer Backs Out After Contingency Removal?

When a buyer removes their contingencies, the transaction enters a different phase. Up to that point, the buyer had defined contractual rights to exit — if the inspection revealed unacceptable conditions, if the property did not appraise, if financing fell through. Once those contingencies are relea

What "As-Is" Actually Means in a California Real Estate Contract

"As-is" is one of the most commonly used and most commonly misunderstood phrases in California real estate. Sellers assume it means they have no liability for the property's condition. Buyers assume it means they are accepting whatever they find with no recourse. Both assumptions are wrong, and the

Where Locals Eat in Monterey

Monterey has more restaurants than any other community on the Peninsula, and a higher ratio of tourist-facing ones. The Fisherman's Wharf area serves a specific purpose and does it adequately. The places worth knowing are the ones a few blocks inland or along the waterfront corridor that residents r