Southern California Residential Real Estate Brokerage
MEDICARE TAX ON NET INVESTMENT INCOME Q. Is there a real estate “sales tax” or a transfer tax in the new health care bill? A. No, there is neither a real estate “sales tax” nor a transfer tax in the bill. Q. What new taxes are there in the health care bill that will impact… [Continue Reading]
Property DetailsTerrific two bedroom condo in the heart of Carmel Mountain Ranch. This unit, recently remodeled, includes granite counter tops, new kitchen cabinets and beautiful upgrade throughout. This unit is perfect for first time buyers looking for a great neighborhood in Rancho Bernardo.
Property Details Beautiful home in Otay Ranch! This great home features a light and airy living/dining area with vaulted ceiling, spacious kitchen with island, family room with fireplace, an office area, laundry room upstairs and big backyard that features a fire ring, no immediate neighbors in the back and a peaceful setting. Garage is able… [Continue Reading]
Property Details Charming corner lot home with a great curb appeal! Offers: wood floors, high end adjustable windows, 3 bedrooms 1.5 baths, hallway with lots of cabinets, laundry area with cabinets, spacious eat-in kitchen, separate living and dining plus a den with wood beamed high cielings and a brick fireplace; that opens to the backyard.… [Continue Reading]
Property is completely remodeled; new maple cabinets in kitchen, granite countertops, tile floors, new appliances, new sink and disposal. A large dining room with new French doors opens to the back yard. Both bathrooms are completely remodeled with new tile in showers and floors, new vanities and toilets. New crown molding all throughout the house,… [Continue Reading]
It’s Getting Easier to Get a Jumbo Loan – Amounts above $729,750. The jumbo loan market is starting to ease up, making it significantly easier for move-up buyers to sell and buy their next home. Rates on jumbo loans rose during the financial crisis and lenders tightened their guidelines to the point where homeowners couldn’t… [Continue Reading]
Frequently Asked Questions About the First-Time Home Buyer Tax Credit The Worker, Homeownership, and Business Assistance Act of 2009 has extended the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence. The tax credit now applies to sales occurring on or after January 1, 2009 and on or before… [Continue Reading]
The law defines a “first-time home buyer” as a person who has not owned a primary residence within three-years prior to the purchase. For married couples, the law tests the homeownership history of both the home buyer and the spouse. For example, if your spouse has not owned a home in the past three years… [Continue Reading]
President Obama has signed a bill that extends tax credits for first-time homebuyers through April 30, 2010. The extension also opens up opportunities for current home owners. The amended Senate Bill S1678 extends the tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence, if the purchase is closed by… [Continue Reading]
In many markets, renting a home or apartment is a savvier financial move than buying, since prices can still go way down. What about San Diego? Watch the video to see Carmen Wong Ulrich on Wednesday’s TODAY show explain when — and where — renting makes more sense than buying, and find out more about… [Continue Reading]
