Tips to sell your home in the winter

Let’s talk about homes that are already on the market and getting them sold before winter sets in or if folks have to come new to the market during the upcoming winter season.

If they are already on the market there is only one answer, price! Pricing according to what the buyer’s are willing to pay at this . . . → Read More: Tips to sell your home in the winter

IRS Releases 10 Home Sales Tax Tips

Here are the IRS’s top 10 tax tips for home sellers:

1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of the five years prior to the date of its sale.

2. If you have a gain from the . . . → Read More: IRS Releases 10 Home Sales Tax Tips

Is Now a Good Time to Buy Real Estate?

A real estate agent will always say yes when asked if it’s a good time to buy a home. But, today’s market offers an unprecedented opportunity. Let me explain.

First, take mortgage rates during the peak of the bubble in 2007

30-year mortgage rates were in the low to mid 6% range. Today’s rates are in the . . . → Read More: Is Now a Good Time to Buy Real Estate?

Carbon Monoxide Detector Required 7/1/2011

July 1, 2011

Carbon Monoxide Detectors
Owners are required to install Carbon Monoxide Detectors in existing Single Family Homes on July 1st.

The Carbon Monoxide Poisoning Prevention Act of 2010 requires that existing single family homes with 1-4 units have carbon monoxide detectors installed by July 1st. Other existing dwelling units such as apartments, hotels and motels must have . . . → Read More: Carbon Monoxide Detector Required 7/1/2011

Preserve the Mortgage Interest Deduction

I just took action to Preserve, Protect, and Defend the Mortgage Interest Deduction. This issue is very important to keeping the dream of home ownership alive in America. Please write to your Congressional Representative today and ask them to stand resolute against eliminating or reducing MID as part of efforts to reform the tax code. 

Please go . . . → Read More: Preserve the Mortgage Interest Deduction

How will a home loan modification affect your credit?

One of my past clients recently contacted me and is thinking of contacting their lender for a streamline refinance or a loan modification. Before they contacted the lender they reached out to me to answer the question “Will a loan modification lower my credit score?”

To get an answer to the brief question I contacted Brooke Peros, . . . → Read More: How will a home loan modification affect your credit?

Tax Benefits of Buying a Home

If you are like me you are collecting up all your 1099′s, 1098′s, W2′s this time of year before visiting your tax professional. I thought I would remind you of the tax benefits of buying a home  with this great article I just found:

Home mortgage interest deduction: The interest paid on a mortgage or mortgages of . . . → Read More: Tax Benefits of Buying a Home

Buying Foreclosure Homes In Sonoma County

These tips apply to virtually all markets in Northern CA and while many buyers have heard that there are many foreclosures on the market, most don’t understand these practical rules they can follow to save money and get the attention of the selling bank.

Here are some tips to consider:

1. Work with an agent who has access . . . → Read More: Buying Foreclosure Homes In Sonoma County

Home Appraisal Guidelines for Buyers and Sellers

It’s easy to get confused and frustrated during the appraisal process when buying or selling a home. Because of this, the Appraisal Institute recently released tips for consumers, providing guidance for homeowners and buyers seeking to ensure their sales are completed in a timely manner.

The Appraisal Institute’s tips encourage homeowners and buyers to:

• Understand the role . . . → Read More: Home Appraisal Guidelines for Buyers and Sellers

Making a small room look larger…

I recently came across this article from Lowe’s about making a small room look larger. I remembered that when I became an Accredited Staging Planner that this is essential when getting your home ready for sale so wanted to share it on my blog…

Here, Lowe’s offers 10 designer tricks to help you make any room look . . . → Read More: Making a small room look larger…