Financial

Feb. 28, 2024

What's Going On With Insurance in California?

Home insurance - home owners are required to have it, but why does it seem so crazy right now? California is experiencing a home insurance crisis right now. Insurers are leaving, premiums are skyrocketing, and some home owners are even seeing their insurance coverage disappear completely. So what's going on ...

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Posted in Financial
Nov. 18, 2021

Why Negotiating Matters

A home is most likely the largest financial investment that you have in your portfolio so when you’re selling, you want to make sure you’re getting the highest possible price. Conversely, if you’re buying you want that to be the best possible price. But there’s a lot more to negotiate ...

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Posted in Financial
June 3, 2021

Financing 101: All About PMI

If you’ve ever looked into getting a mortgage, you’re familiar with the term PMI. But how much do you know about it? Do you know what it stands for? What it is? How to avoid it? Let’s dig into PMI and how it impacts real estate transactions.

What is PMI ...

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Posted in Financial
May 5, 2021

Trusts 101: Tips From A Fiduciary

Trusts Fiduciary

In my conversations with Darren Wallace, my favorite Fiduciary, we covered a lot of topics. Two areas I wanted to make sure I discussed with him are what tips he has for people planning their trusts/estates, as well as what red flags he has for family members to keep ...

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Posted in Financial
Feb. 26, 2021

Trust Management - A Q&A with A Fiduciary

What is a fiduciary

Fiduciary.  Most commonly, this is thought of as a type of duty or responsibility, but it’s also a job title.  I wasn’t very familiar with what a Fiduciary was, so I recently sat down with Darren Wallace of Wallace Fiduciary to get a better understanding of what his role is ...

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Posted in Financial
Jan. 29, 2021

What Is Step-Up Basis?

Step Up Basis

Recently, a good friend had her mother pass away suddenly. When I got the call, I reached out immediately, having been through a similar situation with my own parents. Aside from wanting to express my sympathy and support, I did also want to make sure my friend and her siblings ...

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Posted in Financial
Dec. 8, 2020

Down Payment 101: Getting Creative With Savings

down payment ideas

One of the most daunting things to think about when considering buying a home is how you will afford the down payment.  Once you own a home, this usually becomes a non-issue as you use the equity from your existing home to help you. But when you’re going for your ...

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Posted in Financial
Nov. 11, 2020

Closings 101: 5 Tips to Avoid Wire Fraud

real estate wire fraud

It’s sad to say, but there’s always someone out there looking to make a quick and easy buck.  There’s the “prince” from Nigeria, your “friends” who have gotten stranded in a foreign country and lost their wallet, even “grandchildren” calling their grandparents in despair needing cash.  All scams called wire ...

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Posted in Closings, Financial
Sept. 28, 2020

Property Taxes 101: Props 13 / 60 / 90

Property Taxes Prop 13 60 90

If you’ve ever lived in California or owned property here, you know there are some significant propositions that have been voted in over the years which greatly impact property taxes and ownership.  I remember as a kid when Prop 13 was on the ballot. While I wasn’t entirely sure what ...

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Posted in Financial
Aug. 11, 2020

Need More Space? Fast Facts on ADU’s

ADU accessory dwelling unit

Here on the Peninsula, people are needing to get creative about housing. With limited space, rising populations and multi-generational families, finding housing that fits your needs can be tricky.  San Mateo County is making a considered effort to promote and encourage residents to explore developing second units, or ADU’s. So ...

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