For release: December 4, 2013 IRS and California Franchise Tax Board declare California distressed home sellers not liable for federal or state income tax on short sales LOS ANGELES (Dec. 4) – The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) announced today it received a letter from the California Franchise Tax Board (FTB), obtained by Board of Equalization (BOE) member George Runner, clarifying...
2013
Government Shutdown Causing Delays in Home Loan Approvals While the federal government may not be directly involved with the home loan process, there are several indirect factors that the Federal government has to help with to close a mortgage loan. Large government bodies may all be suffering from furloughed employees and backups in processing approvals. These delays could affect all loan types...
Nov. 3rd 8am-4pm – Come stop by and say hi! The Village Faire features over 850 unique vendors with a little of everything: arts & crafts, antiques, unique clothing, items from around the world, and more. Children’s rides, an international food center, and an old-fashioned pancake breakfast guarantee that you’ll find fun for the whole family! Parking for this very popular event is limited, so...
Having fun in San Diego doesn't require a lot of money; in fact, many things to see and do here are absolutely free. With 70 miles of beautiful beaches, near-perfect weather year-round, and a variety of magnificent settings countywide, San Diego offers a fun and inexpensive getaway during all seasons of the year. Click...
Following a strong performance in July, California’s housing market pulled back in August as mortgage rates continued to inch up, although sales of condominiums and townhomes remained robust “The condo and townhome market has been performing exceptionally well, as rising single-family home prices and limited inventory prompted many buyers to look for a more affordable alternative,” said C.A.R....
"Maria and her team are a great group of hard working go getters! With out her, her honesty and helpful ways we would would not have found our perfect home!" Thanks! Scott & Ashli, home buyers...
While 2013 has slowly become a great year for sellers with rising home prices, it is an opportune time to exercise your purchasing power. Though prices have risen around the state, and bidding wars have returned to some markets, buyers still enjoy historically low rates and a variety of options that can make buying the home much less of a struggle than you might think. Whether you are a first time home...