When It Rains It Pours – Rain And The Detection Of Hidden Defects By: Robert J. Enos, Esq. October 24, 2021 With this weekend’s heavy rain after a prolonged period of drought, many property owners will encounter rainwater penetration into their homes for the very first time. Under California law sellers of residential property of one […]
Historic Bills Change CA Development Laws Part 2 By: Alexandra M. Jack, Esq. and Meghan M. Dunnagan, Esq. October 13, 2021 Continuing our series discussing the recently approved Senate Bills (SB) 9 and 10, this post will provide information on the second Government Code section added by SB 9. If you missed the first blog […]
What Not To Do When Soliciting for Real Estate Services By: D. Keith Dunnagan, Esq. September 21, 2021 Occasionally, life presents us with perfect examples that can be better than anything we try to come up with on our own. When my family and I returned from vacation, there was one such perfect example awaiting […]
Revival of Contingencies with Supplemental Disclosures By: D. Keith Dunnagan, Esq. August 31, 2021 The scenario goes like this: Buyer and Seller enter into an RPA related to the purchase of a home. Seller gives Buyer a TDS, Buyer does their inspections and then subsequently waives contingencies. Low a behold a week before closing Seller […]
What is the Importance of the Demand to Close? By: D. Keith Dunnagan, Esq. August 24, 2021 In a real estate market like we have been experiencing for the last 18 plus months, the demand to close may just be one of the most important documents in a real estate transaction for a buyer. Certainly, […]
What is an Appraisal Gap? By: D. Keith Dunnagan, Esq. and Trey Van Dyke (2L) August 10, 2021 In competitive housing markets like the one we currently find ourselves in, home prices can quickly soar beyond the value that a home will actually appraise for. This is due to a fundamental difference in the means […]
Understanding the Seller License to Remain In Possession Addendum By: D. Keith Dunnagan, Esq. and Trey Van Dyke (2L) July 27, 2021 A low inventory and a historic demand have often placed California homeowners in precarious positions as they consider if and when to sell. Many Sellers dream of selling at the top of the […]
Beware of Constructive Eviction Concerns During COVID By: Tanner Puryear, Esq. and Keaton Turnipseed, 3L. July 13, 2021 Spurred by remote work, and with interest rates at a 3.1% national average for a 30-year fixed mortgage, the housing market is booming. Nationally the median home price is $370,528, 22.2% higher than the previous year. At […]
CAR Unveils 2021 Revision to the RPA By: D. Keith Dunnagan, Esq. and Trey Van Dyke, 2L June 22, 2021 The housing market continues to heat up across California this Summer. In some markets, homes are being nearly auctioned-off as double-digit numbers of offers has become the standard. Although the situation is not the same […]
Plumbing Problem in Folsom, CA: Pinhole Leaks in Copper Pipes By: D. Keith Dunnagan, Esq. and Allison Blake, 2L June 15, 2021 Sellers and real estate agents both owe a statutory and common law duty of disclosure to buyers of residential real estate. The law requires that known defects likely to affect price or desirability […]