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With baby boomers approaching retirement age, television advertisements geared toward reverse mortgages are now more prevalent than ever.  Before entering into a reverse mortgage, it is very important to fully understand its terms and conditions, because although it can be a useful instrument, it may …

Rental Properties:  A Good Investment

After the mortgage crisis of 2007-2009 when the price of homes steeply declined, it became more difficult for borrowers to refinance their loans, and the adjustable-rate mortgage started increasing to higher rates, thereby causing higher monthly payments.  Consequently, mortgage delinquencies climbed through the roof, and …

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Mortgage Interest Rate Rises: First Time Homebuyer Concerns

Buying a home for the first time is a very exciting journey! One of the first things that a prospective homebuyer will likely do is start by looking online at listings in the area that you want to live, if you’ve living in Los Angeles …

The Appraisal Process: Why It’s So Important

A skilled appraiser in Los Angeles provides a service that should help make the process of buying and selling a home a smooth transaction.  An appraiser (not to be confused with a home inspector, who reports on the condition of the house) performs an important …

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Neighborhood Spotlight: Great Neighborhoods for Families in Los Angeles

Los Angeles is comprised of nearly 300 neighborhoods[1], which makes the decision of where to buy your family home all the more daunting.  By way of this article, which is the first in a series of “Neighborhood Spotlight” installments, we hope to share some insight …

More Tips on Selling Your Home: A Virtual Tour

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Should you hire a property manager or do it yourself?  This is the question that millions of people face when they decide to buy a second property. The expense of hiring a property manager in Southern California will substantially reduce the cash benefit of your …

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I Want to Buy a Home: How Much Can I Afford?

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WELCOME TO PSL REALTY

Dedicated to Helping You Buy or Sell Your Perfect SoCal Home Welcome to my blog! I’m Paolo Lissia, Founder and Managing Director of PSL REALTY.  All my life, I have loved all things real estate – buying it, selling it, investing in it.  Thus, the …