CORE Real Estate Services
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CORE Real Estate Services
Patty and her Team are amazing! They were very helpful from the moment we spoke on the phone. Within the first week of looking at homes we found the perfect house for my husband and I. Plus they were able to close escrow within 2-3 weeks. I used Mike Cowan at Core Real Estate to sell my house in Fontana, CA. I had already moved to Las Vegas and Mike helped coordinate the painter and house cleaners I needed to get the house ready to show since I was out of town.

Within days of listing we had an offer on the home. However, after a month and one extension, the buyers had to back out due to their home not selling and other financial problems. When this happened, Mike went into overtime mode and pulled out all the stops getting the house back on the market and worked tirelessly to get it sold again. Mike was able to get another buyer which he vetted to make sure we wouldn't have any problems completing the sale.

Everything went smooth and the house closed escrow days earlier then originally planned.
Services
Pre- Qualification: Meet with a mortgage broker and find out how much you can afford to invest for your new home.
Pre- Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved.
You also will avoid being disappointed when going after the homes you are interested in that may be out of your price range.
With Pre- Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender.
The 1031 Tax Deferred Exchange is a method by which owners of investment property may transfer the equity in their current property into a new property without triggering a taxable event.
The 1031 Tax Deferred Exchange preserves your equity by deferring the tax you would pay on the Capital Gain you would realize if you sold your property outright.
It allows you to re-leverage your investment, thereby increasing your real estate holdings.
You lose none of your equity to taxes, thus allowing you to transfer your maximum equity into the purchase of your next property.
A title insurance policy protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to said property, or the incorrectness of the related search.
Protection against loss from claims on real estate which cannot be discovered by examination of the public records is the second part of the two-fold benefit provided by Title Companies.
Casualty Insurers (car, life, health, etc.) assume risk for future events, collecting monthly or annual premiums.
To the unfamiliar, it can often confuse and bewilder.
Fannie Mae and Freddie Mac.
ARMS and APR.
Clear title and Clouded title.
Though these terms have special meaning to real estate professionals, they may often be meaningless to the consumer.
To help you better understand the language of real estate, the California Land Title Association has defined some of today's most common title, escrow, real estate and lending terms.
Abstract of Judgement: A summary of the essential provisions of a court judgement.
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