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Articles Posted in Tag: California Real Estate Law

What Are Escrow Instructions? (Fin. Code § 17003)
Underwood Law Firm, P.C.

Introduction What are escrow instructions? They are the written directions that tell a neutral escrow holder exactly what must happen before a California real estate sale can close. Escrow is more than a place where money and documents are held until a real estate sale closes. In California, escrow is a legal arrangement created...

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Fastest-Growing SoCal Zip Codes Mean More Co-Ownership Disputes - Here's Your Legal Path Forward
Underwood Law Firm, P.C.

Why Co-Ownership Disputes Are Rising in Southern California Three of the ten fastest-growing zip codes in the United States are in Southern California, according to a RentCafe analysis covering 2014 to 2023. That kind of growth doesn't just mean more homes and more neighbors. It means more people buying property together, often quickly, and...

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Owning a Home Now Costs $3,200 a Month on Average. For Co-Owners Who Can't Agree on a Sale, That's the Price of Staying Stuck.
Underwood Law Firm, P.C.

The monthly cost of owning a median-priced U.S. home, mortgage, insurance, and property taxes combined, now runs about $3,200 in today's dollars, according to Harvard's Joint Center for Housing Studies. That's 46 percent higher than 2019 in real terms, and it exceeds what homeowners paid in 1990, when 30-year mortgage rates were above 10...

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