by Eric McCormick | May 17, 2024 | Real Estate, Uncategorized
Understanding the Implications of Proposition 19 on Inherited Property in California Understanding the financial implications when inheriting property in California is crucial. Inherited property often comes with a “step-up” in basis, a tax advantage that... 
by Eric McCormick | Mar 4, 2024 | Real Estate
Selling a house as-is can be a strategic move for homeowners, but it’s essential to understand what it truly entails. Unfortunately, there’s a common misconception among sellers that selling as-is means setting a non-negotiable price and washing your hands... 
by Eric McCormick | Feb 14, 2024 | Real Estate, Uncategorized
Selling a home can be an exciting yet stressful process. As a seasoned real estate professional, I’ve learned that ensuring a smooth transaction requires careful planning and proactive measures. One crucial step that I insist on for all my listings is obtaining... 
by Eric McCormick | Sep 13, 2023 | Real Estate, Uncategorized
Selling Trust Property Quick Read:• Real estate inventory is at record lows because of low-interest rates.• Low inventory has pushed up sale prices to record highs.• If your family is holding onto property, now is the time to maximize the value.• As a Certified... 
by Eric McCormick | May 23, 2023 | Real Estate, Uncategorized
Losing loved ones is emotionally challenging, and dealing with their estate can often feel overwhelming. When appointed as a trustee, handling the responsibilities diligently and ensuring the smooth transition of assets is crucial. However, certain common mistakes can... 
by Eric McCormick | Mar 30, 2023 | Real Estate
If you’re a new investor looking to finance a real estate project, you may have heard of a DSCR loan. DSCR stands for Debt Service Coverage Ratio, and it’s a type of loan that’s used for real estate investments. A DSCR loan is designed to ensure that...