Real Living GreatWest Real Estate

    GreatWest GMAC Real Estate professionals are often asked by Home Buyers if home sellers age 55 or older were still allowed a once-in-a-lifetime tax exemption of up to $125,000 in sale profit. That is no longer true. On May 7, 1997, the tax law on home sales changed.  If you live or dwell in ...

    The State of California rolled out a new foreclosure prevention Act this Monday.  This action brings into effect a ninety-day moratorium on home foreclosures.  Before implementing foreclosure, banks must prove they have tried to assist troubled homeowners modify loans.The new law is titled, ...

Are you a Renter wondering about the benefit that can come from Home Ownership? Here's some things to consider:(1) Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying your home. (2) Gains.  Between 1...

A number of GreatWest GMAC Real Estate professionals are noticing that the cost of gasoline has risen substantially in the last few weeks as we approach summer.While exploring internet, and looking for the cheap gas prices, several resources were found which may help you as well. Here they are: G...