Under Proposition 90, California property owners who are 55 years or older may be able to qualify to transfer the assessed valued of their principal residence sold in County “A” to their new residence in County “B”. The County Assessors will require a copy of the tax bill from the other county and a copy of [...]
If you’re a homeowner struggling with an underwater home, Bank of America’s settlement with government regulators may be very welcome news. As part of the settlement, Bank of America will be giving approximately 200,000 homeowners principal reductions of up to $100,000. If you’re one of the homeowners affected, this could very well save your home.
A very interesting article in the International Business Times today highlights legendary investor Warren Buffet’s advice for real estate investors: Buy, Baby, Buy (especially single-family homes)!
Owning a home is great – you get to build your own equity, have the satisfaction of owning your own property, get to customize it the way you like it, not to mention the tax breaks and other benefits. But owning a home does come with responsibility: to keep your home maintained and repaired. When [...]
An article encouraging sellers to get rid of cheap brass fixtures appeared on Inman News today, and I couldn’t agree more. In the article, Chicago real estate agent Steve Somogyi emphatically states that he thinks dated, cheap, yellow brass fixtures send the wrong messages to buyers: C-H-E-A-P! Changing out dated brass fixtures can dramatically improve [...]
Just in time for the Superbowl, gentlemen, I give you…THE MAN CAVE! Apparently, according to an article on Zillow.com, homes with man caves are surging in popularity these days. You know what I’m talking about when I say “man cave”, right? I’m talking cushy sofas, big-screen TVs, plenty of beer (or maybe even a wet [...]