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Changes to the Mortgage Tax Break in California and Nationwide

Changes to the Mortgage Tax Break in California and Nationwide

Watching this closely as it will make a big decision on what your seller will (or won’t) do to solve their foreclosure problem. Join me tonight in my Strategy Session as I discuss this and more important changes in your business. Mortgage tax break expires despite bipartisan support in Congress Housing advocates and lawmakers say […]

California Housing Market Up Big in 2014

California Housing Market Up Big in 2014

This just in from the California Association of Realtors… As an investor, you may think the slowdown in investor sales isn’t welcome news. But the truth is the less competition the better and if homebuyers are feeling confident our resales will sell higher and faster than before. So I am happy about this report! And […]

Pricing Your Foreclosure Deal in a Hot Market: Part 2

Let’s followup to my last blog “Pricing Your Foreclosure Deal in a Hot Market“.  Now that you know the important elements to an accurate market valuation, today I will share how to find and select the “right comparables” to calculate the current market value of your next foreclosure home purchase. Let’s review this potential foreclosure home purchase […]

Pricing Your Foreclosure Deal in a Hot Market

Pricing Your Foreclosure Deal in a Hot Market

The housing market is hot and everyone wants in. If you are an investor, of course you want in too. But you have your work cut out for you. You don’t want to pay “market value” and then hope that prices go up so you can make your profit. That’s not smart investing, and should […]

Will The Mortgage Forgiveness Debt Relief Act be Extended through 2014?

Will The Mortgage Forgiveness Debt Relief Act be Extended through 2014?

I’ve been asked a lot lately about the Mortgage Forgiveness Debt Relief Act which is due to expire December 31, 2013. This act provides homeowners with cancellation of debt, huge tax relief. Learn more about the Mortgage Forgiveness Debt Relief Act and Debt Cancellation from the IRS website. This 2007 Act has been extended one […]