News and tips…

Not all buyers are worth a counter offer!

You know sometimes a buyer can write an offer that is so low that it upsets the hell out of a seller, really makes the listing agent mad also.
I know when this is likely when an agents just.. ‘emails in” an offer, without phone followup or confirmation the offer was received.
Worse, the offer usually is [...]

How Far Underwater Do Borrowers Sink Before Walking Away? – Developments – WSJ

How Far Underwater Do Borrowers Sink Before Walking Away? – Developments – WSJ.

CA 1st time homebuyer tax credit is running out!

Time is running out to qualify for the California first time home buyer tax credit.

Homes are a safe bet, here’s why!

On my way home bringing my oldest daughter home from Tucson, a 12 hour drive, I figured out the future of real estate here in Pleasanton and Livermore.

We avoided traffic in Tucson, skipped thru Phoenix and even came thru LA albeit mid morning without a hitch. Some traffic but no major slowdowns. It was not [...]

Improving your curb appeal

Landscaping design ideas from Outer Visions Landsaping.

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 a loan secured by a [...]

Governer signs tax credit bill into law, extends buyers credit!

AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes. The eligible taxpayer who purchases a qualified personal residence on and after May 1, 2010, and on or before Dec. 31, 2010, [...]

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