Home Schooled Podcast

In this episode I discuss a change of direction with the home schooled podcast. I've talked to a lot of great people and I want to continue those discussions with a different focus in mind. I'm looking to speak to those actually experiencing a real estate transaction: Buyers & Sellers. I want you to help me help others by taking me through your mindset while buying and selling. More often, people are extremely unprepared and will be haunted by decisions they didn't make during a transaction. I want you to share your experience so others can learn from the good, bad, & ugly decisions you made through your journey. Click this link here to visit our show notes page: http://bit.ly/HS0028 Once there, submit your name/email/phone number if you'd like to be a guest on the show.

In this episode we talk to Lake Tahoe Real Estate Agent Alex Min about all things Lake Tahoe. Whether you're looking to buy, rent, relocate, or just learn something new about the state of the Lake Tahoe real estate market, this episode is for you. Episode Show Notes: http://bit.ly/HS0027 What we discussed: -Lake Tahoe - How Did you end up there -How did you break into the luxury market? -Who is your investor/vacation rental client? -How strong are vacation rentals in Lake Tahoe? -Give me a name of a celebrity you've helped? -Cash market or financed? -Local area inspection items? http://imiliving.com/ http://www.surfair.com/us/ https://www.tahoegetaways.com/

In this episode we talk to Chris Mason about why it's important to fully read through the lending guidelines as well as some other creative ways people can get approved to finance a home. What We Discussed: How to use 1 year of your tax returns to buy a house What is a mortgage credit certificate? Creative debt reduction strategies while buying a home How to buy a principle residence for your parents using only 5% down How to buy a property from a living trust Link for when you're trying to refinance your parents' house: https://www.fanniemae.com/content/guide/selling/b2/1/01.html

In this episode, we talk to Megan Collins and Ryan Fenchel of Integra Insurance Solutions on assessing the true value of home owner's insurance and why homeowners need to select their insurance providers carefully. Episode Show Notes: What We Discussed: Basic steps to getting insurance What are the questions you ask to guide them into the right package? How does a person's insurance history factor into getting coverage? How do the various "zones" come into play? How does an HOA factor in? How can people best avoid those last minute issues that always seem to come up?

In this episode we discuss the reasons why someone should consider House Hacking in the Silicon Valley. House Hacking is the process of buying a multi family house to live in one unit and rent out the others. This process allows you to off set your mortgage payment while owning 100% of an investment property. What we discussed: What Is House Hacking? Why buy a duplex/triplex? What are the benefits to house hacking? What are the cons to house hacking? http://bit.ly/HS00024

In this episode, I talk to Leslie Pappas of Archer Investors about using your hard earned equity and investing in long-term, cash flow properties. Episode Show Notes: http://bit.ly/HS0023 What We Discussed: 1. What is a 1031 Exchange? 2. How to avoid paying capital gains 3. What is the process for a 1031 exchange? 4. What is a Delaware Statutory Trust? 5. What is a non-recourse loan? http://www.archerinvestors.com/

Episode Description: In this episode we talk to Kevin Copley of Kevin Copley Painting about why it's important to hire licensed, bonded, an insured contractors to work on your house. Episode Show Notes: http://bit.ly/HS022 What We Discussed: 1. What does it mean to be licensed bonded and insured? 2. What are the differences between Non LBI and LBI? 3. Can you be sued by your contractor? 4. What happens if you hire someone who is not insured? 5. How hazardous is Lead Based Paint? 6. What are the best ways to remediate Lead based paint?

In this episode we speak to Justin Moles of Orange Coast Title on how buyers can buy homes in generally more expensive areas using a Tenant In Common approach. This podcast could save you hundreds of thousands of dollars on your purchase. Episode Show Notes: http://bit.ly/HS021 What is Tenant in Common? What is an Associated Parcel Number (APN)? What are the advantages of buying a property Tenant in Common? What are the disadvantages of buying a property Tenant in Common? What is House Hacking? Justin's Duplex Purchase Scenario

In this episode Connie Boyd of Home Services Lending educates the consumer on the infamous Jumbo Loan. Listen to learn the differences between a Jumbo and conventional loans, what you'll need to qualify, and how much it pays to be a high net worth individual. Episode Show Notes: http://bit.ly/HS0020 What We Discussed: What is a Jumbo Loan? What are the different variations of loans other than Jumbo Loans? What are reserves and why are they needed for a Jumbo Loan? Are the advertised interest rates the same for Jumbo loans? Why are interest rates higher for non-Jumbo loans? What is the biggest limitation in qualifying for a Jumbo Loan? Where can reserves come from? What are the closing costs on a Jumbo Loan?

In this episode, we talk to Reinita Osborne of Fidelity National Home Warranty about the added value a home warranty brings to new and existing home owners. Show Notes: http://bit.ly/HS0019 What We Discussed: What is a home warranty? What is the standard home warranty vs the upgraded home warranty? Why should people continue to get a home warranty after their first year in the property? Other benefits of a home warranty Whats the process of submitting a claim? What are the costs for a home warranty over 5000 square feet? What are secondary damages?

In this episode we speak to Yanna Sukhodrev, a family law attorney, to discuss the complications that may arise with Title - ownership of the property - when marriages dissolve. Show Notes: http://bit.ly/HS0018 What We Discussed: Background of Community Property Law What are Transmutations How Transmutations relate to Family Law Community Property vs Equitable Division Record Keeping - Reimbursement Claim

In this episode we speak to Jon Barron of State Farm Insurance to begin to describe why home owner's insurance is so necessary in today's real estate market place. Show Notes: http://bit.ly/HS0017 What We Discussed: How to determine your Insurance Costs? What natural factors affect your costs? Are you required to get insurance to get a loan? How to avoid getting sold something you're not sure you need? What is a deductible? What are the benefits of an insurance package? What is an umbrella policy? Homeowners: https://www.statefarm.com/insurance/home-and-property/homeowners Life: https://www.statefarm.com/insurance/life Umbrella: https://www.statefarm.com/insurance/liability/personal-umbrella-policy Auto: https://www.statefarm.com/insurance/auto Earthquake: https://learningcenter.statefarm.com/residence/insurance-2/why-you-should-consider-earthquake-insurance/ Flood: https://www.statefarm.com/insurance/home-and-property/flood-insurance

In this episode, I talk to Michael Lee & Andrew Oldham on one of the most important clauses in a real estate purchase contract - mediation & Arbitration. Click here to learn more: http://bit.ly/HS016 Episode Show Notes: http://lee-li.com/ http://www.oldhambrown.com/ What We Discussed: What is Mediation and Arbitration for Real Estate Purchases? Why these are necessary for Real Estate Purchase Contracts What are liquidated damages? What is Partition? A great breach of contract story Do Buyers benefit from Liquidated Damages?

In this episode we dissect the process of selling your home for the first time. Learn what it's like to be on the sale side for the first time! Click here to learn more: http://bit.ly/HS015 What We Discussed: 1. What is a listing agreement? 2. Should you pay for inspections ahead of time? 3. Should you hire a realtor? 4. What is your role in escrow? 5. What was the interest rate in the 1980s?

In this episode, I talk to Judy Douglas, an Estate Planning Attorney about why and how you should avoid Probate. Per Judy, probate costs are about 20x the cost of living trust. Learn how to protect yourself! Episode link: http://bit.ly/HS014 What We Discussed: What is probate? Why should you avoid probate? Joint Tenancy and Community Property What is a living trust? What does a living trust consist of? Other ways to avoid probate Should I get a living trust without owning real estate?

In this episode, I talk to Michael Lee & Andrew Oldham on why someone with Real Estate assets would file for Bankruptcy and the best practices for avoiding bankruptcy. Click here to learn more: http://bit.ly/HS0013 Michael's Website: http://lee-li.com/ Andrew's Website: http://www.oldhambrown.com/ What We Discussed: How someone ends up in bankruptcy when they own real estate? How long does someone get to hold off a foreclosure? What is a trustee sale? Types of Bankruptcy What are causing bankruptcy filings today? Homestead Exemption How does a bankruptcy affect my credit score?

In this episode, I talk to Carla Whyte of Embracing Your Space about downsizing, hoarders, being disorganized, and the art of managing people's emotions. Click here to learn more: http://bit.ly/HS00012 http://embracingyourspace.com/about.php http://www.yelp.com/biz/embracing-your-space-san-jose-2 https://www.linkedin.com/in/carlawhyte https://www.facebook.com/embracingyourspacesanjose?skip_nax_wizard=true 408-858-8552 What We Discussed: National Organization of Professional Organizers How does someone go about hiring a professional organizer? Whats the process? Who are her typical clients? Most common area of disorganization? How common are emotions involved in downsizing/organizing? Link to http://bit.ly/HS0010 with Lisa Huening as referenced on the show How to effectively mange people's emotions while downsizing One amazing Hoarder story Link to http://www.steri-clean.com/ Steri-Clean as referenced on the show

In this episode we talk to Larysa Prytula, a Certified Financial Planner (CFP) and Certified Divorce Financial Analyst (CDFA) with LPL Financial. She joins us to discuss the complexities of dividing assets during a divorce, the realities of creating a new financial plan, and executing that plan into the future. Click here to learn more: http://bit.ly/HS0011 Larysa has been actively involved in local community supporting non­profit organizations like Kiwanis, San Jose Exchange Club and Financial Planning Association of Silicon Valley. She is currently a Pro Bono director of Financial Planning Association (FPA®) of Silicon Valley. She developed and managed financial literacy program for Bay area libraries in the form of educational workshops to facilitate access to unbiased financial information at local libraries. Larysa also enjoys working with children and volunteers at Junior Achievement at Campbell elementary school. She holds current securities licenses 6, 7, 63, 65, as well as life and insurance licenses

In this episode, we talk to Lisa Huening of The Shifting Path on how the adult children of elderly parents (or grandparents) can help downsize their parents into a more comfortable and safer lifestyle. Visit Lisa's Website at http://theshiftingpath.com/ lisa@theshiftingpath.com https://www.facebook.com/TheShiftingPath Phone: 408-219-7231 Click here to learn more: http://bit.ly/HS0010 What We Discussed: How to go about starting the downsizing process? The different scenarios a downsizer can experience depending on their needs. How to effectively let go very precious items accumulated over a lifetime. How do you go about matching somebody to a senior community?

In this episode, we talk to Anthony Martinez of Berkshire Hathaway's Home Services Lending on buying a home after experiencing a short sale, foreclosure or claiming bankruptcy. Click here to learn more: http://bit.ly/HS00009 What We Discussed: How would you determine whether I was ready to buy again? An understanding of the process of being able to buy again. What is the time frame people think they can get back into a home? How would Short Sale be different than a foreclosure? Are the time lines about the same? A discussion on credit scores, interest rates & down payment amounts. A discussion on Chapter 13 bankruptcy? Best practices moving forward to best prepare you to buy again. Mortgage Loan Officer NMLS 656248 1567 Meridian Avenue San Jose, CA 95125 MAP IT Office: 408-607-2113 AnthonyMartinez@homeserviceslending.com