9 Real Estate Tax Questions Pasadena Homeowners Must Ask

I know it's no fun thinking of taxes when we just welcomed in a New Year, but as a real estate agent working in Pasadena, I thought I'd share with you some thoughts to reflect on.  

Now is the time to start putting together records and information for ...

Pasadena Home Inventory Sorely Lacking

Multiple Offers... Shortage of Homes... Heated real estate market!  

All of the above seem to be the norm in the last month or so.  Pasadena home buyers are finding themselves rushing to be the first one to see a house for sale and hoping that they will not have to ...

National Mortgage Settlement Affects Pasadena Home Inventory

Now 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.

National Mortgage Settlement ...

How Will Shadow Inventory Affect Your Home Price?

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 ...

FHA Loans More Expensive?

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.

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The cost of borrowing is ...

Mortgage Debt Forgiveness - What IRS Wants You to Know

Did you short sell your Pasadena home last year?

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 normally taxable ...

Pasadena Real Estate Update - Condos and Townhomes

Condos and Townhomes in Pasadena Real Estate Statistics

Looking for a Pasadena condo for sale?  Or, maybe, you own one of these properties and would like to keep an eye on the Pasadena real estate market?  If so, you've come to the right place.  I'll be updating you ...

Short Sales - Deficiency Protection Extended

You may have heard about Senate Bill 931 which stated that lenders who have agreed to a short sale would not have the ability to obtain a deficiency judgment against the seller after the short sale was completed. The law applied only to first mortgage loans secured by one to ...

Does This Inspire You to Buy This Home?

Real Estate Photos?  Do they inspire you to buy a home?

As a real estate agent, I review new home listings on a daily basis for my existing home buyer clients and to keep track of home inventory in the surrounding Pasadena neighborhoods. I start by looking in is the ...

Selling Your Home? Top 10 Tax Tips per IRS

If you are selling your home, you'll want to understand your tax implications - positive or negative - prior to listing your home for sale.  The first thing that you want to do is to consult with your CPA (Certified Public Accountant) for tax advice.  Next, a consultation with a real ...