This Week’s Topic: Bad Neighbors
Bad neighbors are everywhere, but we have an extreme story this week. The maze and bureaucracy of getting this bad behavior solved has been frustrating. Dialing L.A.'s 311 was only the beginning of a long road. Joe and Darren share their experience.
Last Week’s Topic: 3-2-1- Buydown
A solution for some buyers? Darren and Joe discuss the concept of a "3-2-1 buydown," which is a type of mortgage loan product. In a 3-2-1 buydown, the interest rate starts higher than the prevailing market rate but is reduced by a fixed percentage for the first three years. There are pros and cons, but this type of mortgage may help some buyers.
More: Sold and new listing reviews, market news, other interesting things we've found this week in real estate
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