There is a Change in the Wind

There is a Change in the Wind – Positive Signs Seen in the Economy Predicts UC Berkeley Economist Ken Rosen, UC Berkeley economist and chairman of Berkeley’s Fisher Center for Real Estate, made some positive predictions today at the Fisher Center’s 15th annual real estate conference in San Francisco today. Below are some of the highlights: The […]

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Urgent Update for All First Time Homebuyers

CALIFORNIA ASSOCIATION OF REALTORS REPORTS THE FIRST TIME HOME BUYER CREDITS MAY BE GONE BY THE MIDDLE OF MAY CALIFORNIA’S TAX CREDIT MONIES MAY GO FAST The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team. California’s Franchise Tax […]

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No More CA State Tax on Forgiven Debt

NO MORE STATE TAX ON FORGIVEN DEBT April 13th 2010 Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification. Enacted into law yesterday, Senate Bill 401 generally aligns California’s tax treatment of mortgage debt relief income with federal law. For debt forgiven on a […]

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Don’t take short cuts and put your home at risk!

Changes in Lead Base Paint Rules – April 2010 This is an excerpt from the National Association of Home Builders Article that outlines changes the EPA (Environmental Protection Agency) will implement this April. If your home was built prior to 1978 and you plan to remodel please take the time to read and understand the new requirements. […]

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