The bane of agents and sellers across the country for the last few years has been the dreaded bank appraisal to justify the value of the property a lending bank is creating a mortgage package for. The process is reasonable; a buyer wants to take out a loan to buy a property and the lender is right in wanting to be sure that the property is worth the risk. They have to be assured that if the borrower defaults, that recovered property has enough value to offset the banks losses. Continue reading
Husband and wife have a small second home in Ramona, CA (1 hour Northeast of San Diego proper). Their tenant had fallen off the wagon, stopped paying rent many months prior, and was allowing their property to fall into disrepair. As a sidebar this particular woman (tenant) had lived at the property for several months without electricity or running water, and had been supposedly busted for dealing the densest of drugs. Continue reading
1. Photographs with date stamps. The fine should be doubled if the stamp has a date that starts with 19 (as in “1998″).