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Homebuyer Tax Credit - As modified in the American Recovery and Reinvestment Act of 2009 (Major Modifications in Italic) The following information highlights the differences between the 2008 and the 2009 Housing Tax Credit...     Feature Credit as Created July '08 - Applies to all Qualified Purch...
03/29/2009
The Homebuyer Tax Credit portion of the American Recovery and Reinvestment Act of 2009 provides an $8,000 tax credit to first-time home buyers (or buyers who have not owned a private residence in the past three years) who purchase a principal residence on or after January 1st, 2009 and on or befo...
03/29/2009
In the face of the economic challenges that have gripped our country Pederson Properties, Inc. and our Affiliates continues to make great strides to position our Agents as the leader in our marketplace. Recovery is inevitable, and we all know that consumer confidence will play a huge role in turn...
03/29/2009
Property Tax Payment Information - Real Property Tax Payment Time is Drawing Near!!!! If your transaction is in ESCROW, it is most important that you read the following concerning payment of real property taxes which will be delinquent after April 10th. 1. To verify whether real property taxes ar...
03/29/2009
The 3 Year Interim Binder  As more and more people buy property for investment or speculation, the Interim Binder becomes a more important tool. The Interim Binder is not, in itself, a policy of title insurance. When issued however, it binds the insurer to issue a policy of title insurance within...
03/29/2009
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This is a GREAT article written by David C. Jefferys from the WSJ. .. "Hawaii is not a state of mind but a state of grace." - Paul Theroux When I was 9 or 10, I met Barack Obama-a friend of a friend knew him. He must have been 19 or so, even slimmer than he is now. We were standing on a street co...
03/08/2009
Fannie Mae loan servicers can no longer require real estate brokers to reduce their commissions as a condition to a short sale approval.  This new Fannie Mae policy takes effect on March 1, 2009.  According to Fannie Mae, the closing of a pre-foreclosure sale cannot be conditioned upon a reducti...
03/01/2009
Real Estate! Of Course I have other passions such as my Faith, my Family, Paddling, Sailing or just being on, in or under the Pacific Ocean, Photography, Interior Designs, Psychology. ..I could go on BUT Real Estate is my ultimate passion. There are so many avenues in this business; I can literal...
02/22/2009
  Welcome to the Coachella Valley! Home to famous cities such as Palm Springs, Indian Wells, La Quinta & Indio. Whether you're thinking about investing here, already have, or are a Full-Time Resident - this post is for you! We want you to know and understand what's happening here. Hopfully you f...
02/19/2009
As you may be aware, on September 25, 2008, the Governor of California signed Senate Bill No. 133 ("SB 133"), which was effective January 1, 2009.  This new legislation instituted a program for the California Department of Insurance to register, regulate and monitor title company sales representa...
02/19/2009
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