Bridge Loans Explained

The property is right. The price works. But the buyer's equity is sitting in a home in the Bay Area they have not yet listed. This is one of the most common situations The Ruiz Group encounters with buyers considering a Monterey Peninsula purchase. The buyer has identified what they want. They under

How to Read a Settlement Statement

The settlement statement typically arrives one to three days before closing. By that point, the transaction has been underway for weeks. Inspections are complete. Financing is approved. Moving trucks may be scheduled. Both parties are emotionally committed to completing the sale, and the psychologic

What Is a Seller Carry-Back, and When Does It Make Sense?

In a standard real estate transaction, the buyer brings a down payment and a mortgage from a conventional lender, and the seller receives the full purchase price at closing. In a seller carry-back, the structure is different: the buyer makes a down payment, obtains a first mortgage from a convention