Beginning in 2013, California's Franchise Tax Board will scrutinize real estate tax write offs filed by property owners as part of their 2012 tax returns. Their main focus is to ensure that deductible and non-deductible portions are appropriately designated. Unfortunately, this will likely reduce the...
The verdict is in...
As part of an ongoing effort to spur growth in real estate, the FHA recently announced they would again delay implementation of an anti-flipping rule. The rule prohibited buyers from obtaining FHA-insured financing for homes owned by the seller for less than 90 days, leaving...
Chances are, if you don't have a Smartphone, you have been pondering the idea of purchasing one. For those constantly on the go, they've replaced laptops and PCs. As a result, more websites are becoming "mobile friendly." In order for you and your clients to...
Conventional wisdom typically views the winter months as the quietest time in real estate. While it's true that people tend to hold off on significant life changes around the holidays, savvy agents can use the time for networking, re-certifications, and continuing education. That way, they're...
When you’ve decided on the house that is “the” house for you and your family, you make what’s called a “good faith” deposit. This money goes into the agent’s “escrow account” until details of the purchase agreement have been solidified between the buyer and seller. ...