New realty laws take effect for 2013

New realty laws take effect for 2013

All of us should know and recognize by now that “if you fail to plan, you are planning to fail.” The holidays are over and I trust all survived the end of the world, fiscal cliff, New Year’s Day, and feel blessed to be here and have a renewed appreciation of your friends and family. […]

Coming year to be positive for real estate industry

Coming year to be positive for real estate industry

In 2012, we saw the continuation of the housing recovery in California with solid sales volume and price increases throughout much of the state. In addition, many were helped via loan modifications and short sales from being underwater on their homes. Several have said that this recovery is artificial. There is no question that government […]

Possible removal of mortgage interest deduction in near future

Last week, it was about how we as Americans are stepping ever so close to that fiscal cliff because our Washington leaders have yet to make any significant progress. Currently on the table facing us in 2013 are tax cuts for individuals at various tax breaks for businesses that are due to expire, taxes pertaining […]

Purchase a home or refinance now during low home rates

Last week, I shared with you, the seller, that effective Nov. 1 the Federal Housing Finance Agency (FHFA) announced new guidelines which will permit a homeowner with a Fannie Mae or Freddie Mac mortgage to sell their home in a short sale even if they are current on their mortgage. Also mentioned, Bank of America […]

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