By: Debbie Danielson Real Estate Views: 3320 | Comments: 0 | Votes: 0
Foreclosures in the last year have increased significantly, according to HousingLink projections, a nonprofit corporation that has made it’s mission to connect people and communities to information that supports the resolution of their affordable housin More
By: Richard Sorrentino Real Estate Views: 3316 | Comments: 0 | Votes: 0
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
By: Antonio Vega-Pacheco Real Estate Views: 3243 | Comments: 0 | Votes: 0
According to the National Association of Realtors (NAR) only 9% of all existing loans are Sub-Prime. Other sources estimate that within 18 months, up to 40% off homes in the market will be foreclosed properties or REO’s (Real Estate Owned by bank). Of course, all this numbers are educated projections and the accuracy will probably rest somewhere in between. More
By: Alan D. Fisher Real Estate Views: 3235 | Comments: 0 | Votes: 0
The benefit of seller financing Many home owners dread being involved in a situation where a property they've listed for sale has been sitting unsold for too long. The basic reason is usually the same - the asking price is too high for the market conditions. In these situations, the seller is forced to lower their price in hopes of making the property more attractive to buyers. More
By: Bill Gassett Real Estate Views: 3038 | Comments: 0 | Votes: 1
Energy Saving Tips for the Winter Months It is no secret that energy prices have been high all year but thankfully have dropped quite a bit as we head into the Winter months. There are of course plenty of things you can do to save additional $$$ and conserve energy this Winter. For me it is easy because I am at work selling Real Estate all day. Over time the saving can add up. More
By: Sanda Hnatjuk-Bahic Real Estate Views: 3000 | Comments: 0 | Votes: 0
The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000. Buyers will have to repay the credit if they sell their homes within three years. Tax Credit Versus Tax Deduction It’s important to remember that the $8,000 tax credit is just that… a tax credit. Dividing $10,000 by $20,000 yields 0.5. More
By: Frugal World Real Estate Views: 2938 | Comments: 0 | Votes: 1
Why is the 1031 Tax Deferred Exchange important to a Real Estate Property Investor?An investor in real estate understands how important it is to preserve wealth and assets. In the frequently changing world of taxation, the investor is fortunate to have IRC Section 1031. This tax code allows the investor to exchange from one investment property to another and defer taxes on the gain. More
By: Frugal World Real Estate Views: 2906 | Comments: 0 | Votes: 0
Mechanics' Liens is a complex one, as evidenced by the fact that over 200 sections of the California Civil Code deal with the subject. A Mechanics' Lien may be made by a person providing work, materials or services to improvereal property. An action to foreclose the lien is filed with the proper court within that 90 day period after recordation of the lien.2. 3143 Cal. More
By: Alan D. Fisher Real Estate Views: 2876 | Comments: 3 | Votes: 2
The Problem When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. And as you know, that "Mr./Mrs. More
By: Antonio Vega-Pacheco Real Estate Views: 2867 | Comments: 0 | Votes: 0
This message is intended for Florida residents and those considering moving to Florida.On January 29 we will have the opportunity to vote in Amendment 1. Voting for Amendment 1 will guarantee reduced homeownership taxation in 2 ways. First, the homestead exemption will double from the current $25,000 to $50,000. More
