Category Archives: Real Estate – Sellers & Buyers

1031 Deadline Date Relief for CA Wildfire Affected Exchangers

 Here is an article that I hope will help investors who lost property in the California wildfires. Revenue Procedure 2007-56 permits extension of IRC §1031 exchange deadlines upon issuance of an IRS Notice or other guidance permitting relief to taxpayers … Continue reading

Posted in 1031 Exchanges, Investors - Investment Income, IRS, NAR-National Association of REALTORS®, Real Estate - Sellers & Buyers, REALTOR®, Tax Basis, Tax Relief, Wildfires | Tagged , , | Leave a comment

Why Everyone Is Talking About Mortgage Rates

DAILY REAL ESTATE NEWS | FRIDAY, JANUARY 16, 2015 Source: Freddie Mac Borrowing costs got even cheaper for home buyers and refinancers this week, as mortgage rates continued to descend. The 30-year fixed-rate mortgage averaged 3.66 percent this week, the … Continue reading

Posted in FHA & VA Loans, Lenders & Loans, NAR-National Association of REALTORS®, Personal Opinions, Real Estate - Sellers & Buyers, REALTOR® | Tagged , , , , , , , , , , , , , | Leave a comment

Your Check Is In The Mail!

There is a possibility that you may be receiving a check in the mail as “Compensation” from the banks for a short sale, denial of loan modification, foreclosures, bankruptcy, or a myriad of other actions by the bank for which … Continue reading

Posted in Foreclosure, Investors - Investment Income, Lenders & Loans, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Seller Disclosure, Short Sales | Tagged , , , | Leave a comment

CLIENT QUESTION RE ACCEPTING OFFERS

A question that comes up often from Sellers is: How many open houses do you usually have or should I ask at what point do you determine when to look at offers or if you should wait for more? Hello … Continue reading

Posted in Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Seller Disclosure | Leave a comment

Referral List For Those Helping Loved Ones &/or Seniors

Resources to assist with clearing out/selling/moving seniors for relocation THE FOLLOWING RESOURCE LIST IS PUT TOGETHER BY TOM BINDER AND DAWN O’NEAL FROM PERSONAL ASSOCIATION, INDUSTRY REPUTATION, REFERRALS, OR KNOWN BUSSINESS ASSOCIATES.  IT IS ALWAYS GROWING AND CHANGING – IF … Continue reading

Posted in NAR-National Association of REALTORS®, Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Seniors and Senior Services | Tagged , , , , , , , | 2 Comments

HAFA Eligibility Checklist

I just listened to a webinar that mentioned that the HAFA (Home Affordable Foreclosure Alternatives) program has been exteneded through the end of  2014 CORRECTED – SHOULD BE  2013.  Now IF the Debt Forgiveness Act is extended also, we will have a … Continue reading

Posted in FHA & VA Loans, Foreclosure, Investors - Investment Income, Lenders & Loans, NAR-National Association of REALTORS®, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Real Estate - Sellers & Buyers, REALTOR®, Security Clearance, Short Sales | 1 Comment

INVENTORY Info Request from READER

QUESTION FROM NEWSLETTER READER 5/21/12: I wonder if you could give your thoughts on the amount of “shadow” inventory for the south bay. I guess shadow inventory would include REO, pre-foreclose, & short sale. Why is inventory so low? Thanks, … Continue reading

Posted in Foreclosure, Investors - Investment Income, Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Short Sales | 2 Comments