Buying My Home

When you are buying a home in Malibu let me guide you through the process. Why hire Rita? Simply, because you can trust I will do the Best job for you! Exceptional business credentials, ability and managerial experience – graduate of MIT and the Sloan School of Management Top Negotiator – Top Producer- Prudential Chairman Circle Gold 2010 top 2% in the nation Intimate knowledge of Malibu- Long time resident, raised family in Malibu. I am a buyer specialist, a real advocate for my clients. I can tell you which are the best buys, which homes are over priced and which homes will result in great resales one day will save you time, effort, money and stress. As your “consultant,” I will never “sell” you. Instead I will familiarize you with the market within each town and educate you so that when decision time comes, you’ll have the knowledge you need to purchase your home. I have been successfully helping families and individuals relocate and KNOW what it takes and I can answer most questions on the spot because I know my area. I don’t just rely on the MLS to find you a house. I rely on my personal and collective experience of my brokerage which has been servicing the area for over 46 years! As your resident expert, I will provide you with my list of reputable, competitive, service companies to ensure a smooth transaction. I will negotiate fully on your behalf and become your advocate throughout the process. My goal is to do such an amazing job for you that you feel compelled to refer your friends and family to Rita Simpson!
Thumbnail image for Buying Foreclosures

Buying Foreclosures

by ritasimpson March 23, 2012 Buying My Home

3 Stages offer different challenges and rewards

The strategy of buying pre-foreclosures is to create a situation where everyone wins. This type of strategy involves just you, the homeowner, and in some cases the lender. Because the homeowner has been delinquent on his or her mortgage payments, they are now in a position to entertain offers made …

Read the full article →

The Foreclosure Process In California

by ritasimpson March 23, 2012 Buying My Home

Be prepared and understand the process if you are interested in the Foreclosure market In California.

California Foreclosure is Non-Judicial.
California Foreclosure Timeline

Day 1-Day 90
Day 91-Day 110
Day 111 or more

Redemption Period
Publication Period
Trustee’s Sale

Lasts 90 days from the recordation of the Notice of Default
Lasts 20 days from the end of Redemption
Held 21 days after first publication

Read more

Read the full article →

How Much Home Can I Afford?

by ritasimpson March 18, 2012 Buying My Home

So you have ben browsing the Real Estate Section of the papers and are wondering what can I really buy with today’s standards?

Read the full article →

What You Should Know About Balloon Loans

by ritasimpson March 15, 2012 Buying My Home

A balloon mortgage is one on which the outstanding balance is due at some point before amortization has paid off the balance in full. Aside from the repayment obligation, balloon loans are identical to standard fixed-rate mortgages (FRMs).

For example, if a five-year balloon loan for $100,000 is at 5 percent for 30 years, the initial …

Read the full article →
Thumbnail image for Itching to Buy After a Short Sale? Here Are The Options

Itching to Buy After a Short Sale? Here Are The Options

by ritasimpson February 21, 2012 Buying My Home

For the many  that were forced to sell their homes through a short sale,  had their credit rating go down in the low 600s and had to move to a rental, there may  still be a chance to buy  and  to live in their own house again. Here are the options to get a new …

Read the full article →
Thumbnail image for Lease to Own in Malibu? Here Some Tips

Lease to Own in Malibu? Here Some Tips

by ritasimpson December 21, 2011 Buying My Home

Are there any lease options available in Malibu?

About 27 opportunities today and an increasing possibility in the Malibu Real Estate Market.

A Lease Option could solve both Seller and Buyers issues at this critical time.

Here is a good explanation of the  Lease-Option process given by a professor at Wharton  School at  the University of Pennsylvania.

Some examples …

Read the full article →

4 Tips to Help You Refine Your Malibu Home Search

by ritasimpson December 13, 2011 Buying My Home

To narrow your search when looking for properties:

1. Make a list of all the must-haves in your future home, be as complete as possible.

2. Make sure you get pre-approved for a mortgage by a lender. This will help ensure you look for homes you can buy.

3. Research available homes and  Malibu neighborhood/community information on my …

Read the full article →
Thumbnail image for Is Mortgage Interest Deduction Important or Not For Malibu Property Owners??

Is Mortgage Interest Deduction Important or Not For Malibu Property Owners??

by ritasimpson December 6, 2011 Buying My Home

The National Association of Realtors is putting up a big fight in Washington to keep the Mortgage Interest Deduction in place. Many contest that it will not make a difference if it goes away. They cite examples such as what happened in Australia in 1984, when they stopped all capital gains-free sales and started charging taxes …

Read the full article →

Navigating Short Sales

by ritasimpson December 3, 2011 Buying My Home

Navigating Short Sales: What to Do When the Sale Price Leaves You Short

If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the …

Read the full article →

10 questions to Ask Home Inspectors

by ritasimpson December 3, 2011 Buying My Home

Before you make your final buying or selling decision, you should have the home inspected by a professional. An inspection can alert you to potential problems with a property and allow you to make an informed decision. Ask these questions to prospective home inspectors:

1. Will your inspection meet recognized standards? Ask whether the inspection and …

Read the full article →
Page 2 of 3«123»