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2007 » Issue April 25 » Realtor ProfilesAdvice for homeowners who run into payment trouble
Homeowners who feel they might soon fall behind on mortgage payments should take action immediately. Doing nothing will make the situation worse and waste valuable time. As the first point of contact in the real estate transaction, realtors are positioned to inform and guide consumers through the maze of financing alternatives to ensure that a homebuyer’s mortgage meets his or her financial needs. Members of the Silicon Valley Association of Realtors urge homebuyers who foresee financial trouble to take the necessary steps to maintain ownership of their homes. Bay Area real estate sales gain as appreciation risesSpecial to the Town Crier Real estate in the Bay Area continues to hold its own, as home sales and appreciation continue their upward trends of the past months. Coldwell Banker launches legal support programColdwell Banker Residential Brokerage, the largest provider of real estate brokerage services in Silicon Valley, has launched a new program to provide free, independent, professional legal advice to its clients who are selling their homes. Clients with a valid listing agreement with Coldwell Banker will have access to one hour of complimentary legal advice through an outside legal firm regarding contract or escrow issues. Coldwell Banker offers the Full-Service Plus program in partnership with an outside legal firm. Peninsula realtors fight little-known ‘private transfer tax’Anyone selling a home in California is free to add a “private transfer tax” up to tens of thousands of dollars that has to be paid at the time of every subsequent sale. The California Association of Realtors is sponsoring California Senate Bill 670, which would prohibit the future imposition of private transfer taxes. |
In Our OpinionEditorialWe’ve recently covered the passing of two of this community’s most involved and committed volunteers, Lee Lynch and Billy Russell. They represented an era when people helped out, not so they could get their name on a building, but because it was simply the right thing to do. There’s a new generation of volunteers hard at work right now in this community who are carrying on their legacy. The level of involvement in the recent Los Altos Relay For Life event bears this out. |
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