Cars,trucks,bikes,electronics....all these trade hands daily on ebay. But a town? Yes indeed....a town was recently purchased on ebay! The buyers sold their home and other items to make it happen.... Let's hope they make a good deal of money on this purchase....the former owner will make a profit
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04/22/2010
Short sales are hear to stay and some experts think we will have 2-3 years of them to go as the bulk of adjustable mortgages this year and next re set. If you are having trouble making your house payments and have tried to get a loan modification and have not made any progress and they have start
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04/21/2010
There are 11 days left to take advantage of the generous Federal Tax Credit for home purchase...you must be in contract by the end of April....the 30th to qualify for this offering....There is a State of California Tax Credit that will be in place but it is not as likely to benefit the majority o
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04/19/2010
It's called National Park Week and entrance into a National Park is FREE for one week (April 17-25th 2010) to give people a chance to check out the great outdoors and our incredible parks! If your stressful week is getting to you pack up the car or truck and head on out....it's on the house.... T
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04/14/2010
On April 12, 2010, SB 401, the Conformity Act of 2010 was enacted. It allows taxpayers who had all or part of the loan balance on their principal residence forgiven by their lender to exclude the forgiven debt from California gross income. The new law applies to discharges of qualified principal
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04/14/2010
It's a uncommon thing...sellers that listen to their agent and price their homes appropriately and have a lot of activity quickly and sometimes an offer or two in a the first week or two on the market. Why do I say it is uncommon? Well the vast majority of sellers always want a little more than t
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04/13/2010
The kiss of death in real estate is pricing...over price and you will end up taking less later.....how much you ask? Well I have seen examples of as low as losing $30k by over pricing, to some of the higher homes losing HUNDREDS of Thousands of dollars! No seller alive wants to hear what an hones
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04/12/2010
How can a shopping center go from $7.9 Million in value to $513,395? Well my best guess is the fact that the shopping center is now 60-70% vacant....owch! if value is determined strictly by income then this may indeed be accurate.But what about the real estate value? If the real estate value is o
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04/10/2010
Redding California Loan Modification Information- Are you trying to do a loan modification on your home only to run into endless hour after hour and transfer after transfer? Here is a some great info on loan modifications and the things you need to know if you are braving this highly stressful en
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04/10/2010
Redding Ca area Real Estate update- The active available homes today is 1449. Bank owned homes (REO's) = 170 Short Sales= 261 We should start seeing more short sales and less foreclosures if the Government program kicks in and the banks get on board! There is now incentives being paid to both the
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04/07/2010
