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Real estate is housing, its business, and so much more. Its complex. This podcast breaks down complex real estate issues such as sales, mortgages, foreclosures, and more. My name is Chuck Hamm. I began in real estate started after college when I became a sales agent in 2004, a licensed broker in 2008, then graduated of law school in 2017, and passed the California Bar Exam in 2019. I am a licensed mortgage loan originator, and principal and officer of California Mortgage Professionals, and I ...
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Homeowners Insurance in Crisis: Understanding California's Challenges and Solutions
24:51
24:51
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24:51
Send us a Text Message. In this episode, Luke and Chuck discuss the pressing issue of homeowners insurance in California. They explore the root causes of the current crisis, including poor policy decisions from inadequate forest management to bad legislative policy as to insurance companies. The discussion explains how these factors impact mortgage…
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Credit Repair: Unlocking Better Mortgages and Down Payment Assistance
18:24
18:24
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18:24
Send us a Text Message. In this episode of our podcast, we delve deep into the role that credit plays in securing favorable mortgage rates and gaining access to valuable down payment assistance programs. Understanding the intricacies of credit can significantly enhance your financial leverage when purchasing a home. We also highlight our exclusive …
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What's Happening: 1) California's Home Insurance Market and 2) NAR Settlement Impacts
25:53
25:53
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25:53
Send us a Text Message. In today’s episode, we discuss complexities and challenges presented by the current homeowners' insurance market in California. With the backdrop of natural hazards and related policy decisions, we explore the myriad reasons contributing to the troubled insurance landscape that real estate professionals and homeowners face. …
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Understanding Earnest Money and Liquidated Damages: Strategizing Real Estate Contract Risks
23:45
23:45
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23:45
Send us a Text Message. In this episode, Luke and I explore a crucial question: Can a buyer lose their earnest money deposit? Not only do we provide a comprehensive answer, but we also explore the relationship between earnest money deposits and liquidated damages. We explain how liquidated damages not only means consenting to lose a predetermined a…
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PSA - Secure Your Privacy: Opt-Out of Trigger Leads and Telemarketing Today
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5:32
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Send us a Text Message. Protect your personal information! Enhance your privacy! This PSA highlights a helpful resource: OptOutPrescreen.com. When you apply for any mortgage loan, your credit report is accessed, which can activate "trigger leads." These leads are often sold to telemarketers and other lenders, resulting in unsolicited calls and offe…
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Winning in a Seller's Market: FHA and VA Offers Made Possible
25:07
25:07
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25:07
Send us a Text Message. In today's fiercely competitive real estate market, presenting a compelling offer is more crucial than ever, especially for buyers utilizing FHA or VA loans. Our latest podcast episode, "Winning in a Seller's Market: FHA and VA Offers Made Possible," goes into the art of crafting offers that stand out, even when the buyer/bo…
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Assessing HOA Financial Health: The Critical Role of Reserve Studies Explained
29:50
29:50
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29:50
Send us a Text Message. In this episode of the podcast, we welcome guest Luke Erickson to discuss the crucial role of reserve studies for Homeowners Associations (HOAs). We explore how reserve studies serve as essential tools for understanding the financial health of an HOA, offering valuable insights for potential buyers evaluating an association'…
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Unlock Major Savings: How the Latest NAR Lawsuit Can Reduce Your Realtor Commissions! And market update...
19:12
19:12
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19:12
Send us a Text Message. In this episode we discuss groundbreaking lawsuit against the National Association of Realtors and its impact on real estate commissions. Discover how this pivotal legal decision has and will likely redefine commission structures, offering unprecedented savings opportunities for sellers, and altering the landscape for buyers…
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Attention Seniors and People Age 55+: Reverse vs. Forward Mortgages, Senior Communities, and more
34:05
34:05
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34:05
Send us a Text Message. Reverse Mortgages and other real estate issues affecting Seniors: people who are 55 and over. We look at the good and bad with reverse mortgages, how to qualify for a reverse mortgage and some issues to look out for as you consider reverse mortgages. We look at the dynamics of living in senior communities, and the pros and c…
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The Numbers Game: Crunching Real Estate Data for Buyers & Sellers
36:17
36:17
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36:17
Send us a Text Message. In 'The Numbers Game: Crunching Real Estate Data for Buyers & Sellers', we look at some essential calculations that every home buyer and seller should be aware of. From exploring various loan options, understanding the magic behind net sheets and CMAs, to calculating the best time to buy or sell — this podcast has got you co…
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Real Estate Sales Commissions: Dispelling Myths and News About Them
18:02
18:02
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Send us a Text Message. In this episode, Chuck discusses some news about real estate agent sales commissions, and how litigation against Multiple Listing Services (MLS) and their associations might change rules related to those commissions. Anti-trust litigation against MLS's has been heating up recently. The issue currently being litigated is (rou…
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Property Rights Unlocked: A Look into the Shetty v. HSBC Case about Reinstatement of a Loan
13:22
13:22
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13:22
Send us a Text Message. In this episode, we look into the recent case of Niki-Alexander Shetty v. HSBC Bank USA, N.A., et al., a lawsuit involving a condominium in La Habra and foreclosure by the homeowners association. We explore the issue of whether Shetty, as a successor in interest, can reinstate a prior loan that he never qualified for by mere…
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The Importance of Using Real Estate Professionals
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25:52
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25:52
Send us a Text Message. In this podcast episode, we look into the crucial role of real estate professionals in the home buying and selling process. We highlight the different types of professionals involved, including real estate agents, title companies, escrow companies, and mortgage lenders. We tell real life stories to help you avoid pitfalls su…
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Navigating a Short Sale: Selling Real Estate for Less Than Owed
15:29
15:29
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15:29
Send us a Text Message. In this episode, the host unravels the complex scenario of selling a property for less than the amount owed on its mortgage - a process known as a 'short sale'. With the current economic climate, there's a possibility we may witness an upturn in short sales and foreclosures. We delve into understanding the circumstances surr…
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We Simplify and Revolutionize Real Estate Transactions, by Combining Mortgage Loan and Agent Representation
18:33
18:33
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18:33
Send us a Text Message. In this episode, I share how our office simplifies and revolutionizes real estate transactions by combining real estate agent and mortgage loan services, and discuss some the complexities that come with handling these transactions separately. Hear about the common pain points clients face in traditional real estate transacti…
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What to know when Shopping for Lenders and Real Estate Agents
27:26
27:26
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27:26
Send us a Text Message. Do yourself a favor: before you commit to a real estate agent or a lender, shop around! This podcast discusses some of the things you should know, how to negotiate the best rates and commissions, and why big banks and real estate firms are often not the best option. Check out Fund2000.com for our Mortgage Lending team (NMLS …
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Liens, Trust Deeds, and how they affect your foreclosure options
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11:45
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11:45
Send us a Text Message. In order to have the nonjudicial foreclosure option, your security instrument must satisfy some basic requirements, which we discuss in this episode. There are two types of foreclosure: nonjudicial and judicial. Our office only performs nonjudicial foreclosure. Judicial foreclosure is much more expensive because attorneys ar…
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Homelessness: How Doug found Loyd and saved his life; how we can help the homeless.
13:25
13:25
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13:25
Send us a Text Message. Doug Partello is an effective homeless advocate. In his efforts to help unsheltered people at a known encampment where government workers had visited for many months, Doug asked a simple question and found Loyd. Doug's efforts saved Loyd's life. This episode sheds light on how individuals can make the needed difference in he…
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Co-owning with a Roommate, friend or family, and Pre-qualifying - How, When, Why
17:00
17:00
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17:00
Send us a Text Message. Qualifying for a mortgage while high interest rates and home prices are high is no easy task. But rents are high too! In today's episode, we'll discuss how and why you can consider partnering with a friend or family in the purchase of a home. Check out Fund2000.com for our Mortgage Lending team (NMLS 2277963). Sold2000.com f…
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Homelessness and how it relates to the real estate business
16:42
16:42
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Send us a Text Message. We take a look at homelessness. We discuss how it relates to the real estate business, and talk to Tina, an unsheltered individual in California. Check out Fund2000.com for our Mortgage Lending team (NMLS 2277963). Sold2000.com for our real estate Sales Team (DRE 02173355). Learn more about host Chuck Hamm here or on LinkedI…
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Send us a Text Message. Sellers can reduce their tax exposure and earn significant interest by not taking a lump sum for the sale of the property. Instead, sellers can "take back" (accept) a note for any amount of the purchase price. This is ideal when conventional mortgage rates are high like they are now. Buyers and Sellers take advantage of this…
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Mortgage Insurance Premiums, PMI, and how to get rid of it!
9:59
9:59
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9:59
Send us a Text Message. Everyone hates primary mortgage insurance commonly known as PMI and the mortgage insurance premium commonly known as MIP because they increase your payments amount and provide little benefit to the borrower making those payments. In this episode, we'll discuss each, including how to remove them. Check out Fund2000.com for ou…
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Dual Agency: Can Agents really represent both Buyer and Seller?
16:17
16:17
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Send us a Text Message. Dual agency is one of the top issues in real estate brokerage/agent lawsuits. Yet in California dual agency is still legal, and done often. This episode will look at some of the problems around dual agency, and requirements involved for California real estate transactions. Check out Fund2000.com for our Mortgage Lending team…
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Facing Foreclosure, Options for Borrowers
14:56
14:56
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Send us a Text Message. Foreclosures are increasing. What options does a borrower have? Like other stressful situations, borrowers that carefully look at their options (and listen to this podcast) can come out ahead. For more information about foreclosure, and your options, Contact our office through Sold2000.com. Let us know you listened to this p…
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A Look at Days on Market, in our Changing Real Estate Market
13:34
13:34
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13:34
Send us a Text Message. Days on Market (DOM) is an important metric which we use to measure supply and demand. In this episode, we talk about DOM for housing that has sold over the past 12 months, and how it compares to listings currently for sale. If you're interested in learning more about the market, how long it might take to sell your property,…
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Foreclosures in California, A few important things to know
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12:13
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Send us a Text Message. Foreclosure starts are already on the rise. Economic woes are upon us, and more likely coming. More foreclosures seem inevitable. California is different than other states on foreclosures. Here are a few important things to know. For more information about foreclosures in California, check out https://TDProcessing.com/ And a…
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What do Buyers and Sellers in this weird Real Estate market do?
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10:45
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Send us a Text Message. There's a lot of talk about strong jobs and wages yet lots of talk of inflation, and other economic problems, rights? With all the conflicting data and news reports out there, what are buyers and sellers of real estate to do or think? Join me for this 10 minute podcast analysis. Link to referenced article: Fortune: Robert Sh…
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Some of how a Real Estate Transaction works
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21:02
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Send us a Text Message. Real estate transactions are complex. In this episode, I break down the real estate transaction and explain some of how it works. We get into what contract contingencies are and how they work, as well as loans, and some of what the parties to a purchase agreement should know. Check out Fund2000.com for our Mortgage Lending t…
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Send us a Text Message. What's happening in the real estate market, and how are interest rates and inflation affecting the market (last 3 minutes)? And an intro to California Mortgage Professionals, Fund2000.com (first 4 minutes). Check out Fund2000.com for our Mortgage Lending team (NMLS 2277963). Sold2000.com for our real estate Sales Team (DRE 0…
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