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Building Dreams, One Home at a Time

By: 1888pressrelease.com Real Estate Views: 1581 | Comments: 1 | Votes: 1

1888pressrelease.com

David Wengerd, Founder and President of Classic Quality Homes, believes a home should be so much more – a safe haven, the epicenter of daily life and a place where memories are made and generations are born. “Buying a home is the most significant purchase most people will ever make,” Wengerd says. had surpassed $200,000. “We love building houses. More

Berlin Company Revolutionizes Real Estate Market

By: 1888pressrelease.com Real Estate Views: 793 | Comments: 1 | Votes: 0

1888pressrelease.com

1888PressRelease- With "Digital Viewing" Always Live on Site - Even From a Distance.The Berlin-based company Accord Estates GmbH is revolutionizing the international real estate market with the introduction of its new "digital viewing service". Many investors have busy schedules, or may have to cancel a viewing at short notice. More

Addition to the New CA Short Sale Laws

By: Mary Ellen Wilson Real Estate Views: 2834 | Comments: 0 | Votes: 0

Mary Ellen Wilson

Addition to the New CA Short Sale Laws Video There is a new California law that will protect homeowners while pursuing short sales by prohibiting first and secondary lien holders from going after sellers for money owed after the short sales close. This new law, which became effective immediately, now prohibits secondary lien holders from pursuing deficiencies after a short sale closes. More

Mortgage Debt Relief Act Expires Dec. 2012

By: Mary Ellen Wilson Real Estate Views: 2931 | Comments: 0 | Votes: 0

Mary Ellen Wilson

San Diego, CA – EHS says “Be Concerned.” Here’s how the 2007 Act works. If your lender forgives any of your loans, it is reported to the IRS as ordinary income. That income could add over $100,000 to your taxable income. The 2007 bill forgives that tax.   Congress created a bi-partisan 12-member committee to reduce the $1.5 trillion dollar tax deficit. More

IRS offers guidance on new $6,500 tax credit for repeat home buyers

By: Kenneth R. Harney Real Estate Views: 7522 | Comments: 0 | Votes: 0

Kenneth R. Harney

If you've been holding back on getting involved with the new $6,500 federal tax credit for repeat home purchases, there's no more excuse for inaction. You now have all the official IRS guidance you'll need to buy a house, qualify for the credit and pocket the $6,500. 6. On Jan. The credit is for up to 10 percent of the price of the replacement home, capped at $6,500. Get moving. More

Are First Time Homebuyer Tax Credits a Benefit?

By: Mark Goldman Real Estate Views: 3401 | Comments: 0 | Votes: 0

Mark Goldman

One concern that I had from the inception was that the tax credit could not be used at the time of sale.  This limited the "stimulus" effect. FHA did allow some kind of loan so that the credit could be borrowed (we need to start to shudder when the word “borrow” comes into the conversation.) in advance and used for closing costs. And so on. www.markgoldman.com More

Cap Rate, Cash flow, Cash on Cash Return and ROI What do they determine?

By: Richard Sorrentino Real Estate Views: 2753 | Comments: 0 | Votes: 0

Richard Sorrentino

A  commercial property investment is a business investment. Determine the investment numbers and you will determine your success ratio performance of your investment. The following three formulas will help you to choose your level of risk, before you submit a letter of intent. Remember a commercial property is a business that is an illiquid investment. So can you." More

Due Diligence- Seven Step Check List- Part One

By: Richard Sorrentino Real Estate Views: 2037 | Comments: 0 | Votes: 0

Richard Sorrentino

How to use seven steps to make sure your Letter of Intent process is complete. What if you discovered a simple list that you can use to follow the progress of a completed Letter of Intent? Just sign or check this step and make note of the date. Here is legal reminder to follow. Step 2. Just sign or check this step and make note of the date. Step 3. Step 4. Step 6. Step 7. More

Letter of Intent- Why Use it?

By: Richard Sorrentino Real Estate Views: 2378 | Comments: 0 | Votes: 0

Richard Sorrentino

You can your formally state your intention to purchase a commercial property prior to writing a legal binding contract using a letter of intent (LOI) or memorandum of understanding. The letter of intent is presented to a seller in the preliminary stages of a commercial  investment project. Do you want to learn more about how to close deals? So can you." More

Due Diligence - Two Step Check List - Escrow and Equity Source

By: Richard Sorrentino Real Estate Views: 1847 | Comments: 0 | Votes: 0

Richard Sorrentino

What if you discovered a simple list that you can use to begin preliminary due diligence? Here is our two step check list to use for a commercial property acquisition Escrow and the Equity Source. It is part of a series of articles provided to track your progress from Market Analysis to close of transaction. Purchase and sale agreement received by escrow.  yes or no 2. 2. . . More