Category: Quick Tips & Just Because

News Brief

Calif. Association of Realtors reports: Fast Facts Calif. median home price: March 2010: $301,790 (Source: C.A.R.) Calif. highest median home price by C.A.R. region March 2010: Santa Barbara So. Coast $890,000(Source: C.A.R.) Calif. lowest median home price by C.A.R. region March 2010: High Desert $122,970 (Source: C.A.R.) Calif. First-time Buyer Affordability Index – Fourth Quarter […]

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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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Preparing a Property to Sell

Anything that adds more value than it costs should be seriously considered prior to putting a home on the market. Some items cost comparatively little and yet may dramatically enhance value. For example fresh paint, staging, minor landscaping and clean up are just a few things to consider. I believe there should be at least […]

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Bricks & Mortar