No obligation

Tell us about your house.

A few details about the property, then how Kevin can reach you. Nothing here commits you to accepting an offer, and not every house qualifies.

Property details
How Kevin reaches you

Read the privacy policy

Skip to content
Lucano Buys HousesKevin Lucano · DRE #02430847
916-582-4076Get My Cash OfferMi oferta en efectivo

Plain answers, no jargon

Selling a house, explained the way a person would explain it

Real estate gets wrapped in words that are doing three jobs at once. Most of the confusion is not you. It is the vocabulary. So here is everything written the way I would say it on the phone, including the parts that do not help me sell anything.

I am Kevin. I buy houses in the Sacramento area, so I have an interest in this. Read accordingly.

All posts

Showing 1 to 12 of 51 posts

Which one sounds like you?

Pick whichever is closest. You will get a straight article, not a sales pitch.

Words people use without explaining them

Tap any of these. No sales pitch hiding underneath, I promise.

Equitytap

The difference between what the house is worth and what you still owe on it. Worth $500,000, owe $300,000, you have about $200,000 in equity. That is the money you walk away with, minus selling costs.

As-istap

It means the buyer accepts the property in its current condition and will not hand you a repair list. It does not mean you are allowed to hide problems you know about. Those still have to be disclosed.

Contingencytap

A condition in a purchase contract that lets a buyer back out without losing their deposit. An inspection contingency is the common one. A cash offer with no contingencies is worth real money, because it cannot be undone the same way.

Earnest moneytap

The deposit a buyer puts up to show they are serious. A large deposit is expensive to walk away from, which is exactly why it signals commitment. A tiny deposit is cheap to abandon.

Escrowtap

The neutral middle. A title or escrow company holds the money and the paperwork until everyone has done what they promised, then moves the deed and releases the funds. Neither side hands anything directly to the other.

Titletap

The legal record of who owns the property. A title search looks for anything attached to it: old loans, liens, judgments, heirs, easements. Most closing delays live here, not in the house itself.

Lientap

A legal claim against the property that has to be paid before the property can change hands cleanly. A mortgage is a lien. So are unpaid taxes, a contractor who was never paid, or a judgment from a lawsuit.

Deed of trusttap

How most California home loans are secured. Instead of a mortgage, you sign a deed of trust that puts a neutral third party, the trustee, in the middle. That is why California foreclosure usually runs through a trustee instead of a court.

Notice of defaulttap

A recorded document saying the loan is in default. It starts a legal clock: not less than three months must pass from the filing before things can move to a sale date. It is the beginning of a timeline, not the end of your options.

Reinstatementtap

Catching the loan back up: paying what is behind plus the fees and costs that piled up, which puts the loan in good standing again. It does not require the lender to forgive anything, just for you to get current.

Comparables, or compstap

Recently sold houses similar to yours, used to estimate value. The word does a lot of work, which is why two people can look at the same six sales and disagree. Size, condition, date, and location all get argued about.

Holding coststap

Everything you keep paying while a house sits unsold. Mortgage, taxes, insurance, utilities, maintenance. Nobody puts this line on a listing flyer and it is frequently the largest number in the whole comparison.

Net proceedstap

What you actually keep after everything comes off the top: repairs you did, cleaning, staging, brokerage compensation, closing costs, and the payoff on your loan. The number that matters is this one, not the asking price.

Contingency periodtap

The window after you accept an offer when the buyer does their inspections and can still back out. During it, you are off the market but not sold. That gap is where a lot of deals quietly die.

Short saletap

Selling for less than is owed on the loan, with the lender agreeing to accept less than the full payoff. It is a negotiated process with the lender, and it takes time and paperwork, which is why buyers treat it differently.

Still not sure where you fit?

Tick whatever is true. Nothing is sent anywhere, it just tells you what to read next.

Nothing ticked yet.

Want a real number for your house?

Send the address and the basics. You get the number and the arithmetic behind it, and the honest answer may be that you should list it instead.

CallGet My Cash OfferMi oferta en efectivo