A housing market update from Keeping Current Matters, explains the effect of the 2018 tax reform.
"Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer demand could drop like a ...
View MoreSome new housing tax codes are in place and this post from Keeping Current Matters explains the impact it will have on the real estate market.
Disclaimer: This guide is not meant to be a resource for tax advice but instead a resource for basic information concerning only certain aspects ...
View MoreNow that we understand what Shadow Inventory is and how the Robo Signing fiasco created a backlog of distressed homes waiting to be released on the Pasadena real estate market, let's take a look at what role the National Mortgage Settlement plays in all of this.
A couple of weeks ago, federal government and Attorneys General in 50 states reached a settlement with major banks called the National Mortgage Settlement. I’m sure you have read and seen from the newspapers and on tv about the current state of affairs in the real estate market and ...
Many Pasadena home buyers turn to HUD for their FHA financing to purchase their home with minimal down payment. Unfortunately, April 1, 2012, these loans will be significantly more expensive.
[caption id="" align="aligncenter" width="640" caption="Photo courtesy of Jeremy Brooks via flickr"]
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If so, the lender wrote off some debt to make your home sale happen. The question that comes up is "Do I have to pay taxes on the amount that the lender wrote off?" It depends... Canceled debt is ...
Today, Federal and State officials announced the largest mortgage relief settlement, $26 billion dollars, aimed to address the robo-signing scandal where banks seized foreclosed homes without appropriate paperwork. The deal settles potential state charges about allegations of improper foreclosures.
What does it mean for you?
The settlement sets up ...
Federal Housing Administration (FHA) has been instrumental in helping first time home buyers achieve their dream of home ownership. Over the last several years, we've been seeing many changes in programs offered. As we start 2012, we see that this year is no different - the changes are ...
Are you in the market for a luxury home in the Greater Pasadena area? If so, you need to be aware that effective September 30th of 2011, High Balance Loan Limits that have been in effect for awhile now will expire.
What does this mean for you? It means ...
