Southern California Residential Real Estate Brokerage
Last month California Governor Jerry Brown signed into law major relief for Homeowners currently upside-down on their mortgage. SB 458 provides anti-deficiency provision for homeowners who decide to short sale their home saving strapped homeowners thousands of dollars in potential judgements and lawsuits. Earlier laws (SB 931) provided protection against the principle mortgage or first lien… [Continue Reading]
BOO$T is the next generation of training for experienced Sales Associates The program holds you accountable to your goals while providing you with the tools you need to grow your residential real estate business. This course will challenge you to reach your stated objectives and provide you the needed guidance to succeed. In order to… [Continue Reading]
eFastStart FREE FOR ALL COLDWELL BANKER DYNASTY AGENTS Since February 2005, sales associates have been jump starting their careers using eFastStart, the COLDWELL BANKER UNIVERSITY® training program for new sales associates. eFastStart offers an alternative to the traditional classroom setting because it brings learning directly to the desktop. With eFastStart, there is no need to… [Continue Reading]
Pacifica at Newport Plaza is a brand new gated Community with only 15 condos left! Enjoy the ocean breezes and bike to the beach in this prime Newport Beach adjacent location. Pacifica’s one and two story condos also offer top of the line appliances including Wolf gas ranges, Sub Zero refrigerators and granite Kitchen counter-tops.… [Continue Reading]
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]
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]
