Welcome to Real Estate Chat with Jason Z. My wife Susan and I are a Real Estate team in Orange County, California, one of the hottest markets in the country. We will discuss the current market, give tips for buyers and sellers, talk about upcoming events in our area, restaurant reviews and of course answer any questions that come our way.
Whenever we are working with buyers, the topic of Mello Roos comes up. This is something that every buyer should be aware of here in California. This week I discuss Mello Roos, when they started, what they are and how to find out about them.
In this weeks episode I talk about one of the many disclosures involved in a real estate transaction. This is the natural hazard disclosure which is produced by the seller and is required for all residential purchases.
This week we provided our clients with a couple Seller Net Sheets to give them a better idea of what they would Net after we sell their house. I thought it would be a great time to go over these Net Sheets, or Seller Closing Statements, so you have a better idea of what you are looking at and what to expect, when you receive one from your agent/escrow/lawyer.
We are always asked, "What is Escrow?". Well in this week's episode I answer this and several other questions regarding escrow. We just scratch the surface of what a good escrow officer does but this will give you a better understanding.
This week I change gears a bit and discuss the importance of Memorial Day. It is so important for us to remember those that have laid down their lives so we wouldn't have too. It is also imperative that we pass on these memories to our youth so those that gave the ultimate sacrifice are never forgotten.
Termite Inspections are very important and part of almost every residential real estate transaction here in Southern California. This week I talk about who typically pays for the inspection and what you can expect to see on the report.
This week is the second of two parts. In Part 2, I go over the timeline for all of the buyers out there. Now that you've made the decision to buy, what can you expect from a timeline perspective. I look at this on a macro level so you have an idea of what you should be doing and when.
This week is the first of two parts. In Part 1, I go over the timeline for all of you sellers out there. Now that you've made the decision to sell, what can you expect from a timeline perspective. I look at this on a macro level so you have an idea of what you should be doing and when.
Your offer has been accepted and you are super pumped to get into your new home. Make sure you don't make one of these mistakes while you are in escrow or that excitement could turn to anguish. This week I talk about 10 things you should never do while you are in escrow.
This week I talk about the importance of getting a home inspection and what you can expect during the inspection. I also explain how we use the information in the home inspection to ask the seller for repairs and the responses we can receive.
This week I talk numbers. I look at what is happening in the OC Housing Market. I take a closer look at the supply and demand within different price points, in Orange County, and what these numbers mean if you are a buyer or seller.
The market has shifted again!! We haven’t seen a housing market like this since 2011. Inventory is up 58% and demand is down 26% compared to last year at this time. Our average Days on Market has reached 124, double what it was last year. With rates hovering around 5 it is a great time to get into the market as a buyer. Sellers can be successful as long as their home is properly aligned in this market.