Real Estate

Category Archives

Understanding an Appraisal

The first thing that comes to mind when the topic of an appraisal comes up is value.  Value is the foundation of our business, whether in purchases or refinances.  It is important to remember that an appraisal is only as good as the logic behind it. Just looking at the appraiser’s conclusion on value without looking at the whole “picture” may lead to some very risky errors.  T… read more

New Housing Development In Our Future?

Paso Robles city’s Planning Commission is hosting a public workshop next month to discuss the site plan for a new housing project.  The project, which originally had 674 housing units allowed in the city’s master plan for growth, is now proposing 1,011 new residences and three to five acres of commercial development off Creston Road and Beechwood Drive.  The Beechwood development was… read more

Mistakes to Avoid When Buying

One of the largest expenditures a person will make is that of a new home.  While exciting, it can also be scary.  Mistakes are made, wrong advice is taken, and money may be lost.  Although some problems may never be avoided, there are precautions that may be made in order to minimize them.  A large mistake that homebuyers make is not knowing exactly what they can afford.  Unlike renting,… read more

Buying vs. Renting

Buying vs. Renting   The cost of renting has been unusually high this year and shows no sign of slowing down.  With an annual increase of 3.9%, it may be said with confidence that these rent increases are a direct result of the foreclosure epidemic.  With a low inventory of rentals, and a surge in renters, landlords are in the position to name their monthly price and pick and choose whom… read more

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