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Before You Close Don't Jeopardize Your Loan Taking out a another loan, buying a car, or making large credit card charges before you close can jeopardize your real estate loan commitment. Lenders run a second credit check prior to closing to check for new charges. Time to Close Closing at the begi...
06/19/2008
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Capital Gains Tax Changes and Effects The new real estate capital gains law allows homeowners to avoid paying taxes on the first $500,000 of profit if they are married or on the first $250,000 if they are single. You must have lived in the home as your primary residence for two of the last five y...
06/19/2008
Dream Home Search | Free Real Estate Appraissal “CMA” Proposition 8 allows a temporary reduction in assessed value when property suffers a “decline-in-value.” A decline-in-value occurs when the market value of your property is less than the assessed value as of January 1, 2008. The best informati...
06/16/2008
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Historic MLS Settlement Many of you probably heard that the Department of Justice and National Association of Realtors. have just settled their long standing dispute regarding the competitiveness of Multiple Listing Service practices. So, what have we gained after two years of government investig...
06/02/2008
According to a recent report from Borrell Associates, the real estate industry spent more than $7 billion on Web site design and maintenance, an expenditure that is anticipated to grow to more than $11 billion in the next three years. The web has revolutionized how Americans buy homes. The numb...
05/08/2008