No State of Calif. Tax on Forgiven Debt. Good News for San Diegans
April 14, 2010 by fgregory · Leave a Comment
NO MORE STATE TAX ON FORGIVEN DEBT
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 [...]
Survey finds Americans Prefer Homeownership
April 12, 2010 by fgregory · Leave a Comment
This recent survey and report by Fannie Mae is accurate and reflects the national attitude of most buyers in this current market. Yes the economic news has petrified and effected almost everyone in the country. Most average Americans are holding their cards close to their chest just waiting for the bottom to hit [...]
San Diego Real Estate activity is picking up the pace!!!
April 7, 2010 by fgregory · Leave a Comment
The San diego Housing Market is finally starting to show signs of improvement. Offers that we wrote for clients in October are finally coming our of the short sale approval process and are headed for escrow. Situations with Lenders not accepting Home Owner Association due to the high % of deliquent HOA [...]
San Diego Homes Biggest Energy Waster – The Garage Door
March 26, 2010 by fgregory · Leave a Comment
It isn’t easy being a homeowner. We’re in the middle of a recession, home prices have fallen, unemployment is over 10%, and everything keeps getting more expensive. Especially the electric bill.
There are lots of tips on how to cut down on the bills, like installing energy efficient light bulbs and installing energy efficient [...]
Any Tax Credits for me, a current homeowner??
February 24, 2010 by fgregory · Leave a Comment
Any Tax Credits for me, a current homeowner?
Recently there has been a lot in the news about the tax credit for first-time homebuyers but don’t think there is nothing in it for existing homeowners. Many sources have told consumers not to stop thinking “energy conservation” that the price of oil is down. In that light [...]
Best Pay Back on San Diego Property Remodels
February 23, 2010 by fgregory · Leave a Comment
Q: In your opinion, what home improvements (kitchen remodel, new front door, or wood floors) offer the best payback on investment when you are trying to sell?
A: It really depends on the condition of the house, what existing problems it might have, what your competition is in the neighborhood, what the price range is, and [...]
Back Up offers
February 23, 2010 by fgregory · Leave a Comment
I came across this article regarding Back Up offers and we thought it would answers some of the recent questions that we have received from Sellers and Buyers in San Diego.
Every seller’s dream is to receive offers from more than one buyer. Although multiple offers were scarce last year, in some markets and price ranges [...]
Change is hard but exciting for everyone.
January 14, 2010 by fgregory · Leave a Comment
We are creatures of habit. We all find the “the usual” comforting and dependable but it seems that change is happening all around us and it appears to be moving faster as time goes on. Yes my children, grandchildren and the clothes in my closet all seem to be getting older in front [...]
Buying a Condo in San Diego? You’ll Still Need Home Owner’s Insurance
November 11, 2009 by fgregory · Leave a Comment
Buying a Condo in San Diego? You’ll Still Need Home Owner’s Insurance
A new trend has taken over the real estate market — owning condominiums. More consumers want to buy condominiums instead of traditional homes. Condos became popular because they are a lower-cost alternative to traditional homes (depending on the area), according to published reports.
New condo [...]
