The real estate market can be a challenging one these days, especially for sellers hoping to standout in a sea of available properties. Keep these tips in mind when listing your home and the process will be much more seamless! 1. Find a Pro: Selling your...
Buying a home makes a lot of sense because of the built-in tax breaks that accompany homeownership. To take full advantage, it’s usually necessary to itemize your taxes, and while this may seem like an unnecessary hassle, the benefits are well worth it. Here are...
'Lectric Law Library defines Real Property as "Land and all the things that are attached to it. Anything that is not Real Property is Personal Property: anything that isn't nailed down, dug into or built onto the land." That should prevent any misinterpretations, right? Not necessarily....
Beginning in the 2012 tax year, property owners will be required to break down payments into deductible and non-deductible portions when they file their tax returns with the Franchise Tax Board. This could be a serious wakeup call for property owners, shaving thousands off their...
Banking woes have brought the mortgage industry back down to Earth, but the new rules and requirements don't mean that you can't get a loan. With a little work ahead of time, you can increase your own chance of qualifying for the best loan when...
As winter closes in, the chill that you feel in the air could very well turn into cold hard cash in your pocket! On December 31, 2011, federal tax credits for energy efficiency are set to expire. So, as you buy those last minute gifts...
Energy-efficiency ratings have started finding their way into listings for residential properties. A recent survey conducted by The Earth Advantage Institute, a non-profit group in Portland, OR, found that Energy Star or LEED (Leadership in Energy and Environmental Design) certifications increase the sale price of...
Net Operating Income is one of the most important components of financial analysis for commercial real estate investors. A few months ago we discussed another important financial index, CAP Rates, which are determined directly from the NOI. What is the NOI? The NOI is calculated as follows: NOI...
We hope that you’ve found our past few posts regarding the new California real estate laws and regulations helpful! This article marks the final laws that will be going into affect in the near future. The following laws relate to notice of sale, condo rentals,...
Last week we posted the first five news laws that were announced by the California Association of Realtors. This week we wanted to share with you the next five on the list. These new laws pertain to a plethora of topics, including citations, escrows, tax...
