Property Rights

Property Rights

  Owning real property comes with a bundle of rights.  Know your rights! The right to own property in the United States is protected under the U.S. Constitution.  Anything that may be owned and gained lawfully is known as property.  Property law governs the ownership of both real and personal property.  For the purposes of this article, we will focus on the rights associated with real property (land) as opposed to personal property (personal possessions). Bundle of Rights In common law, the word “property” refers more to the rights an owner has in property than the fact that the property...Read more
Should I Work With a Real Estate Agent to Sell My Home in California?

Should I Work With a Real Estate Agent to Sell My Home in California?

You are never required to work with a real estate agent when buying or selling property in California.  Not surprisingly, however, most home sellers will choose to contract a licensed California real estate agent to manage the marketing and sale of their property.  There are many benefits to working with a real estate agent; find out if a licensed California real estate agent is the right choice for you.   Real Estate Education: Practice, Principles, Law and Appraisal To become a licensed real estate associate in California, you have to take a number of classes regarding real estate law, practice,...Read more
Should I Work with a Real Estate Agent to Buy a Home in California?

Should I Work with a Real Estate Agent to Buy a Home in California?

Buying a new home is an exciting prospect.  If you are new to the home buying process, learn the steps to purchase a home in California.  When you are prepared with your priorities and target neighborhood(s), a licensed California real estate agent can be an invaluable tool to help you achieve your home buying goals.   Real Estate Education: Practice, Principles, Law and Appraisal To become a licensed real estate associate in California, you have to take a number of classes regarding real estate law, practice, principles, appraisal, etc., as well as pass a state administered exam.  Licensed real estate...Read more
What is a Comparative Market Analysis (CMA)?

What is a Comparative Market Analysis (CMA)?

A comparative market analysis, or “comp,” is used by California real estate professionals to determine the value of a particular property.  The value of a home will vary between different cities and even within more localized markets within the city.  For instance, a 2-bedroom 1-bathroom home in San Francisco will be priced much higher than an identical home in a suburb such as Hemet.  Furthermore, a beachfront property in San Diego will cost more than a similar property further inland. A real estate agent or licensed appraiser will compare the property characteristics and condition of your property to similar properties...Read more