The California Real Estate Inspection Association warns buyers that having a foreclosure home inspected diligently is as important as inspecting a home where the occupant homeowner is available — maybe more so. Sellers are required to disclose all known significant defects. Full story »

Sellers, it’s not your market anymore. There is hope. The formula is ancient: product and price. Sellers, who really want to sell, need to lower prices till they generate activity such as phone calls and showings and keep lowering till they generate offers. Full story »