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Foreclosures & Short Sales
Some Short Sales Are Still Taxable Events
Disclaimer: I am not a lawyer. I am not a CPA. I am a Realtor. Therefore, if you have any questions about any of this, do not ask me. I am merely a funnel for information that was provided to me by Old Republic Title. Taxpayers Beware: Zero Profit Doesn’t Mean Zero Capital Gains Taxes! [...]
Just In…California Foreclosure Moratorium News
Effective today banks in California cannot foreclose a mortgage without either renegotiating the loan or giving the homeowner three months notice. This is a good thing because it will encourage lenders to either cut rates or rewrite loans to affordable levels, which may allow many Californian’s to keep their homes. Lenders will have to demonstrate [...]
What Should A Foreclosure Buyer Know?
I’ve been working with a lot of buyers lately, many of which have been purchasing foreclosures. If you are in the market for a foreclosure, here are some things you should know: 1) Is it a good time to buy a foreclosure? I can only speak for our market over here in the East Bay, [...]
NOD’s Filed For Q4-O8 Are Down
The number of mortgage default notices filed against California homeowners fell last quarter to its lowest level in more than a year.
Calling All Skaters, Head To The Pool
Skaters are traveling across the country to skate in the pools of homes that have been foreclosed on. Flashing smiles as wide as half pipes, kids everywhere are finding a surplus of empty pools with which to perfect their acrobatic skills. To read the entire article, click here: http://www.nytimes.com/2008/12/29/us/29pools.html?_r=3&partner=rss&emc=rss
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A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…
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Berkeley Hills Realty
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