California Governor Arnold Schwarzenegger signed a bill giving future California home buyers $10,000 in tax credits if they buy a home in California. You better hurry though…as the there is only $200 million in allocated tax credits! $100 million is set aside for buyers of “new homes and another $100 million is allocated for first [...]
Some general tips: If it sounds too good to be true-it probably is! Never sign a blank document or a document containing blanks. This leaves you vulnerable to fraud. Don’t sign anything you don’t understand. Mortgage Fraud: Get referrals for real estate and mortgage professionals. Check the licenses of the industry professionals with state, county, [...]
Rancho Mirage – located in the geographic center of the Coachella Valley, 11 miles southeast of Palm Springs – enjoys sunshine nearly every day. Nestled at the base of the Santa Rosa foothills, Rancho Mirage’s air is clean, the nights are star-filled and shadows change the colors of the mountains every afternoon. Resort living, superb [...]
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Average Home Prices Slip in Coachella Valley
I’ve been reading a lot of information lately about our current market conditions from other REALTORS® who are claiming an increase is sales price and number of homes sold. I would scratch my head and ask where they were getting their numbers. Turns out their numbers are coming from national statistics. Real estate sales are [...]
Mortgage Debt Tax Relief Program Ending Soon
The Mortgage Debt Relief Act of 2007 the IRS would not come after you for your taxable amount if you had an upside-down unpaid principle as a result of loan modification, short sale or foreclosure depending on your tax bracket, let’s say you were $100,000 short on your mortgage you could be responsible for as [...]
Is your REALTOR® connected? No, I don’t mean in the MobWives fashion, if that’s what you thought, you’re watching too much reality TV. As an active Palm Springs REALTOR® I believe it’s important to take advantage of the technology available to today’s real estate professional. Everything that required an agent to go back to the [...]
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