Lebron Little's Real Estate Blog

Real Estate Broker/Owner - ERA Simmons Real Estate - 18157
When dealing with sellers and buyers in todays market it can not be over emphasized enough to ask the right questions.  Sellers are anxious to sell their homes and sometimes will hold back information that would prevent or delay this process.  If we fail to ask if the mortgage is up to date, are ...
It looks like we are slowly moving into the "Technology Age" here in Alamogordo, New Mexico.  We just implemented Paragon Mobile for accessing our MLS with our mobile devices.  We just started using ReInsight Mobile with our FNIS MLS and it appears to be working great.  We can access just about e...
Well this was a rarity!  We haven't had snow here in Alamogordo, NM, in December is ages.  The weather this time of year is usually very mild and pleasant during the day and cool at night.  Last week, Tuesday to be exact, we got hit with 6 inches of SNOW!  In the desert, mind you.         The rea...
At times we have questions from home owners when we go over the listing agreement with them and we get to the paragraph that discusses the commisson is, "Why do I have to pay the sales tax on your commission?".  In that paragraph it states that the homeowner is responsible for the commission and ...
I have been doing a lot of research lately on the advantages and disadvantages of incorporating.  It seems that there are a lot of tax advantages to an S Corp. status but the paperwork may be too much of a hassle.  I am thinking of setting up my business as an LLC.  In the state of New Mexico it ...
Well, I took a break from blogging.  I haven't been here in a while and I really missed it.  Now that the tax credit incentive has been up-dated it is a good time to let everyone know that now is a good time to buy a home.  Business has slowed a little bit here in New Mexico.  Our numbers are a l...
I just attended a Tax Strategy seminar with Sandy Botkin, CPA, Esq., sponsored by the Tax Reduction Institute.  What a great seminar!  Lots of good ideas on how we can use the deductions the IRS allows to save money on our taxes.  This seminar was not cheap but the strategies presented will save ...
As I write this, Congress is trying to decide whether to extend the first-time home buyers tax credit.  As I understand it, NAR is supporting extending the credit through April, 2010, keeping the credit at $8,000 and allowing everyone, not just first-time home buyers, to utilize the tax credit, w...
Well, October is almost gone and its time to get back to work.  October is always a busy month for me but not in real estate.  I guess you could call it my Vacation Month.  I usually try to visit my family and friends back in the Southeast in October because the weather is so nice.  I just got ba...
I just got back from our RANM (Realtors Association of New Mexico) Fall Conference in Las Cruces, New Mexico.  The Board of Directors at RANM has voted to not raise our dues for 2010.  They decided to re-allocate funds to the operating account so that dues will not have to be increased.  This is ...

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