Jean's Jingles

PRESIDENT SIGNS MORTGAGE FORGIVENESS DEBT RELIEF ACT OF 2007TAX RELIEF FOR SHORT SALESAs many of you may know, one of the big impediments to short sales was the fact that the taxpayer would be charged with ordinary income for any debt which was forgiven by a lender in the short sale.  So the taxp...

 Brought to you by the California Association of REALTORS®COURT STRIKES DOWN BOND REQUIREMENT FOR HOME EQUITY SALES CONTRACTThe bond requirement for buyers' agent under the home equity sales contract law is unconstitutionally vague and unenforceable. That was the decision of a recent appellate ca...

Office of  Assessor  COUNTY of  Alameda CALIFORNIA1221 Oak St., County Administration BuildingOakland, California 94612-4288R O N T H O M S E N A S S E S S O RSouth County Toll Free (800) 660-7725 www.acgov.org/assessorTRANSFER OF PROPERTY TAX BASE FOR PERSONS 55 AND OLDER OR SEVERELY AND PERMANE...

 IR-2008-18, Feb. 13, 2008WASHINGTON - The Internal Revenue Service today advised taxpayers that in most cases they will not have to do anything extra this year to get the economic stimulus payments beginning in May."If you are eligible for a payment, all you have to do is file a 2007 tax return ...

Proposition 8: Decline in Market ValueProposition 8, passed in November 1978, amended Proposition 13 to reflect declines in property value. As a result, Revenue & Taxation Code Section 51 requires the Assessor to annually enroll either a property's Proposition 13 base year value factored for infl...

Why Buy a Home in Today's Market?www.yourpieceofcalifornia.com1 Interest rates on long-term, fixed, and adjustable mortgages are at historically lowlevels. The rate on a 30-year, fixed mortgage is hovering just below 6 percent, while,by comparison, interest rates were hitting 8 percent and higher...

1. Find the Right Representative The experience and knowledge of a dedicated real estate professional can be priceless. A good Realtor® forms a powerful team with his or her clients that makes it possible for them to have a smooth, successful, stress-free sale. 2. Determine your Needs/Wants for t...

Where do I Start? For many, beginning the homebuying process can be overwhelming. You may be uncertain about taking the initial steps. I hope this guide will help clear up some of those uncertainties by providing you with some useful information about the homebuying process. When is the right tim...

Group says more Californians can afford to buy their first homeBy ALEX VEIGA, AP Business Writer(02-19) 12:13 PST Los Angeles (AP) -- Frustrated California renters take heed: A trade group says it's getting easier for people to afford their first home.With home prices in a downward spiral in many...

Refueling the Housing Bubble? By NAR Chief Economist Lawrence Yun The Federal Reserve has been aggressively cutting rates recently and the question is being raised about parallels to the past. Back in 2001, in the aftermath of the internet stock bubble collapse and the September 11 terrorist atta...