home buyers: Consumers Do Value Realtors! - 03/14/08 05:25 PM
I have had the pleasure a couple of times to hear a presentation from Bob Hale, CEO of the Houston Association of Realtors HAR.com . He spoke about Houston's great website and how consumers have flocked to their website to get wonderful real estate information and also to find Realtors to represent (1 comments)
home buyers: Best Time to Buy in 4 Years - 03/13/08 04:11 PM
Home values have declined across the country, giving homebuyers the best buys they've had since 2004.NEW YORK (CNNMoney.com) -- It may be the best time to buy a house in more than four years.Home prices have dropped so quickly and so far that valuations - the difference between what a home (1 comments)
home buyers: State Senator Briefs Realtors in California! - 03/08/08 10:27 AM
State Senator briefs REALTORS®: On Friday (3/7), State Sen. Ellen Corbett gave the Valley Marketing Meeting in Pleasanton a behind-the-scenes look at what's happening in Sacramento and legislation she's working on that addresses real estate issues. Corbett represents the 10th Senate district which includes the cities of San Leandro, Fremont, Hayward, (0 comments)
home buyers: There are Pockets of Pain Around the US but Not as if Most Americans are Losing Their Homes! - 03/06/08 10:45 PM
Sure, there are pockets of pain around the US, but it's not as if most Americans are losing their homes. More than 99% of homes aren't in foreclosure.By Scott BurnsA recent list of year-end mortgage foreclosure rates in 100 top metropolitan areas drew a lot of attention. Released by RealtyTrac, a (1 comments)
home buyers: Good News! FHA New Mortgage Limits for California Counties - 03/06/08 12:08 AM
GOOD NEWS !!!!! FHA Releases New Mortgage Limits for California CountiesFHA Max Limits Include 14 CA Counties* FHA Press Release * WASHINGTON - Tens of thousands of California families could be eligiblethis year to purchase or refinance their homes using affordable,government-backed mortgages, thanks to the economic growth packagesigned into law (1 comments)
home buyers: Are You Over d55? Do You Want to Transfer Your Property Tax Base in California? - 03/02/08 11:16 PM
In California Proposition 13 prohibits property tax increases until property ownership is changed. If either spouse is over age 55 (when the old home is sold), PROP 60 allows replacement of a primary residence with a new home of equal or lesser value (but see below) within the same county and (2 comments)
home buyers: More About Mortgage Debt Relief Act of 2007 - 02/29/08 06:55 PM
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. (0 comments)
home buyers: Court Strikes Down Bond Requirement for Home Equity Sales Contract! - 02/28/08 08:41 PM
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 case Schweitzer v. Westminster Investments, 2007 WL 4340853 (0 comments)
home buyers: Transfer Property Tax Base if You are Over 55 in California - 02/27/08 11:15 AM
Office of Assessor COUNTY of Alameda CALIFORNIA 1221 Oak St., County Administration Building Oakland, California 94612-4288 R O N T H O M S E N A S S E S S O R South County Toll Free (800) 660-7725 www.acgov.org/assessor TRANSFER OF PROPERTY TAX BASE FOR PERSONS 55 AND OLDER OR SEVERELY AND PERMANENTLY DISABLED (Revenue (0 comments)
home buyers: Proposition 8: Decline in Market Value - 02/25/08 01:21 PM
Proposition 8: Decline in Market Value Proposition 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 inflation, or its market value as (1 comments)
home buyers: Why Purchase a Home in Today's Market? - 02/24/08 10:37 PM
Why Buy a Home in Today's Market? www.yourpieceofcalifornia.com 1 Interest rates on long-term, fixed, and adjustable mortgages are at historically low levels. 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 during the last market downturn in the late 1990s, and (4 comments)
home buyers: I Want to Sell my Home! Where Do I Start? - 02/23/08 02:25 PM
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 the Sale and (5 comments)
home buyers: Californians Can Purchase a New Home! - 02/21/08 07:57 PM
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 once-booming areas, (0 comments)