the real mccoy

The Real McCoy: What is ‘no-cost’ refinancing all about?

Dear Kari, I was talking with my neighbor and he said he just refinanced his home loan and it did not cost him anything. He suggested I do the same. Is that true? Answer: As t ...

The Real McCoy: What exactly do you do in a walk-through?

Dear Kari, My wife and I bought a home and we have the loan and everything. But when we went to see the house on our “walk-though”, things did not look the same as we remember ...

The Real McCoy: How can an appraisal torpedo a purchase?

Dear Kari, We looked at roughly 45 homes and finally found “the one” and made the offer with our nerves on edge. We were so thrilled when the Realtor said we were the proud new ...

The Real McCoy: Couple seeks guidance after losing their dream home

Dear Kari, My wife and I made an offer on our dream home and this is our second time buying a home. Of course we must sell our current home to qualify for the new house. As soon ...

The Real McCoy: Why should I do a short sale on my home?

Dear Kari, I lost my job and I can’t afford to keep making my house payments. The only thing I see in sight is foreclosure, is there anything I can do to save my credit? Answ ...

The Real McCoy: Should buyer bide time for better deal?

Dear Kari: We are finally ready to buy a home and we want the best deal. Some friends of ours just bought a home and they paid full price after the home was on the market for thr ...

The Real McCoy: Why do I have to pay more taxes in Mello-Roos?

Dear Kari, I am completely in the dark when it comes to Mello-Roos and why should I pay for it? Answer: A Mello-Roos is when a home is in an area where a special (extra) tax ...

To disclose or not to disclose?

Dear Kari: We know about some cracks at our ceiling wall line. Should we paint over them, leave them or disclose them? One time when it rained, water got in that area. Next time i ...

The Real McCoy: Selling a home isn’t as easy as it looks

Did you know that many Realtors’ listings come from individuals who thought they had sold their homes? Sellers who try to sell their own home learn the hard way that selling a ...

Our offer was accepted, now what do we do?

Dear Kari, We are really excited about our new home purchase. Our real estate agent suggests we have a Home Inspection that will cost $275 to $550. However, we feel the home is i ...