San Diego Real Estate Insider
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- Short Sale and Phantom Tax Debt Relief Overview
Lots of questions have arisen from people since President Bush signed into law the Mortgage Forgiveness Debt Relief Act of 2007, whereby in certain circumstances, a homeowner does not have to pay federal income tax on debt forgiven on a loan secured by a qualified principal residence via a short sale, foreclosure, deed in lieu, [...]Find San Diego homes for sale.
Mon, 07 Jan 2008 03:29:28 +0000 - Bush Signs Mortgage Debt Forgiveness Act
With a stroke of the pen, President Bush signed into law H.R. 3648, The Mortgage Debt Relief Act of 2007, and dramatically changed the lives of homeowners across the country who are facing foreclosure, considering a short sale, negotiating a loan workout, or have done any of these since January 1, 2007. While this bill has [...]Click here to learn about short sales in San Diego
Fri, 21 Dec 2007 01:08:19 +0000 - Mortgage Debt Forgiveness Passed by Senate
UPDATE: President Bush signs HR 3648, The Mortgage Forgiveness Debt Relief Act of 2007. It took them close to two and half months, but the U.S. Senate finally got around to passing H.R. 3648, The Mortgage Forgiveness Debt Relief Act of 2007. Initially sent to the Senate on October 4th, the Senate passed this legislation on [...]Under market San Diego foreclosures for sale.
Sun, 16 Dec 2007 23:41:49 +0000 - Short Sales, Taxes and the IRS
UPDATE: 12/20/2007 - President Bush signs The Mortgage Forgiveness Debt Relief Act of 2007 UPDATE: 12/14/2007 - Senate Passes Mortgage Forgiveness Debt Relief Bill Given the current state of the San Diego real estate market, it is no surprise that the most frequently asked question we get revolves around the potential tax consequences of a short [...]Find San Diego homes for sale by owner for sale.
Fri, 07 Dec 2007 17:48:37 +0000 - Buyers Just Want Price
You think? From Bloomberg: "Buyers just want price,” says Mike Morgan, a Stuart, Florida-based lawyer, real-estate broker and consultant who researches property markets for hedge funds and financial institutions. "Buyers have become educated and they can easily cut through the fluffy incentives.” "On one $429,000 home a client wanted me to sell, the seller wanted to give the [...]Click here to find San Diego CA real estate
Mon, 03 Dec 2007 00:53:57 +0000 - San Diego Foreclosure Bargains - Fact or Fiction?
The most common "I want a killer deal" inquiry I get are from those looking for foreclosure property in San Diego - at 50 cents on the dollar. After all, it is a buyer market, sellers are desperate, and foreclosures almost out number real estate agents right? Well… not quite. But how about $90,000 [...]Search all homes listed for sale on the San Diego MLS
Sun, 25 Nov 2007 02:43:44 +0000 - San Diego Property Taxes - It’s That Time of Year
Lest we forget, November 1st marks the date the first installment of property taxes are due. The dates tend to confuse many property owners, so below is some basic information about taxes for real property in San Diego County. Click here to learn about short sales in San Diego
Sun, 11 Nov 2007 17:20:12 +0000 - Citi to California Home Buyers: Just Say No
Times, they are a changin’ in the California mortgage business. Last week we had Bank of America notify 7,000 mortgage brokers that their services will no longer be needed after New Years Eve, only to have Citi take it one step further on Halloween and tell California home buyers, "Thanks, but no thanks". Click here to learn about short sales in San Diego
Tue, 06 Nov 2007 17:50:26 +0000 - California Tax Refunds For Fire Victims
Immediate tax relief in the form of tax refunds is available to victims of the wildfires in the seven Southern California Counties of San Diego, Santa Barbara, Ventura, Los Angeles, San Bernardino, Orange, and Riverside, The Franchise Tax Board (FTB) announced. Click here for information about 4S Ranch real estate.
Tue, 30 Oct 2007 23:03:09 +0000 - Property Tax Relief For San Diego Fire Victims
Many San Diego County property owners who suffered damage from the fires that ravaged the County are eligible for property tax relief. California law, Revenue & Taxation Code Section 170, provides property tax relief for taxpayers whose property was damaged or destroyed as a result of the wild fires that engulfed [...]Find San Diego homes for sale by owner for sale.
Mon, 29 Oct 2007 05:43:44 +0000
