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CRESTICO is a full-service Real Estate and Mortgage Brokerage firm in Los Angeles which offers a variety of services such as Short Sale, Foreclosure Prevention, Relocation, Real Estate Investment and also provides financing for purchasing new homes or refinancing existing mortgages to reduce interest rates and/or lower monthly payments by offering no fee, no cost transactions.

Got an answer? Dive into today's Question of the Day! The person who transfers property by sale. Another word for "selle...
01/24/2024

Got an answer? Dive into today's Question of the Day!

The person who transfers property by sale. Another word for "seller". Commonly used in land contract sales.

A. Vendee
B. Trustee
C. Vendor
D. Trustor

๐—”๐—ป๐˜€๐˜„๐—ฒ๐—ฟ: C. Vendor

๐—˜๐˜…๐—ฝ๐—น๐—ฎ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป
The suffix "or" is used to denote the person who performs an action. The suffix "ee" is used to denote the recipient of that action.
You will hear words like:
Vendor - Vendee
Grantor - Grantee
Lessor - Lessee
Optionor - Optionee
Trustor - Trustee
Mortgagor - Mortgagee
Offeror - Offeree

The gist of it is: the OR is the giver and the EE receives.
In the question, a vendor sells to a vendee.

01/23/2024

Unlocking the door to your first home? Here are key things to remember on this exciting journey!
Part3
For more information, please visit
www.crestico.com
or call (818) 784-2929







"Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe ...
01/23/2024

"Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do"

-Steve Jobs-

Myths shattered, facts revealed. Unveiling the truth.For more information, please visitwww.crestico.comor call (818) 784...
01/23/2024

Myths shattered, facts revealed. Unveiling the truth.
For more information, please visit
www.crestico.com
or call (818) 784-2929








Entrust CRESTICO to uncover your family's ideal sanctuary! Dial us now and embark on the journey to your dream home. For...
01/23/2024

Entrust CRESTICO to uncover your family's ideal sanctuary! Dial us now and embark on the journey to your dream home.

For more information, please visit
www.crestico.com
or call (818) 784-2929







Got an answer? Dive into today's Question of the Day! A voidable contract is a contract that:A. Has no legal effect beca...
01/23/2024

Got an answer? Dive into today's Question of the Day!

A voidable contract is a contract that:

A. Has no legal effect because it really is not a contract;
B. Is valid and enforceable on its face, but it may be rejected by one of the parties.
C. Was valid at the time that it was signed, but for some reason cannot be proved or sued upon by either or both parties;
D. Contains all of the legal essentials that are required for its existence;

๐—”๐—ป๐˜€๐˜„๐—ฒ๐—ฟ: B. Is valid and enforceable on its face, but it may be rejected by one of the parties.

๐—˜๐˜…๐—ฝ๐—น๐—ฎ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป
A voidable contract is that which is capable of being adjudged void, but is not void unless action is taken to make it so.

01/22/2024

Unlocking the door to your first home? Here are key things to remember on this exciting journey!
Part3

For more information, please visit
www.crestico.com
or call (818) 784-2929







Itโ€™s not whether you get knocked down, itโ€™s whether you get up.-Vince Lombardi-For more information, please visitwww.cre...
01/22/2024

Itโ€™s not whether you get knocked down, itโ€™s whether you get up.

-Vince Lombardi-

For more information, please visit
www.crestico.com
or call (818) 784-2929







01/22/2024

Dropping knowledge bomb like a confetti! Time for our daily dose of trivia!
For more information, please visit
www.crestico.com
or call (818) 784-2929







Got an answer? Dive into today's Question of the Day! A home with its kitchen next to the master bedroom would be consid...
01/22/2024

Got an answer? Dive into today's Question of the Day!

A home with its kitchen next to the master bedroom would be considered

A. physically obsolete.
B. economically obsolete.
C. diminished.
D. functionally obsolete.

๐—”๐—ป๐˜€๐˜„๐—ฒ๐—ฟ: D. functionally obsolete.

๐—˜๐˜…๐—ฝ๐—น๐—ฎ๐—ป๐—ฎ๐˜๐—ถ๐—ผ๐—ป
A kitchen adjacent to the master bedroom is considered functionally obsolete. The kitchen could be converted to a family room, provided there was adequate space in the house for the kitchen elsewhere. This conversion would be considered curable obsolescence if the cost did not exceed the increased value of the property. A property may be economically obsolete due to environmental, social, or economic forces outside of the property, such as a deteriorating neighborhood.

01/21/2024

Unlocking the door to your first home? Here are key things to remember on this exciting journey!
Part2

For more information, please visit
www.crestico.com
or call (818) 784-2929








Happiness is an attitude. We either make ourselves miserable, or happy and strong. The amount of work is the same.-Franc...
01/21/2024

Happiness is an attitude. We either make ourselves miserable, or happy and strong. The amount of work is the same.

-Francesca Reigler-

For more information, please visit
www.crestico.com
or call (818) 784-2929







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