Mike’s Real Estate Show

A first look at tax rates and deductions for April 15th. It’s not too early to learn what’s ahead!

First In Our Tax Prep Series

Most homeowners will see some tax relief next April 15th as Congress has extended some tax programs and others are set to be “indexed” to provide for more relief. Unlike many changes to the tax laws, which are in effect for only limited periods of time, indexing has become a settled part of the tax code, according to George Jones, JD, CCH senior tax analyst.

“Some tax cuts in recent years are only temporary, and are scheduled to be followed by increases down the line, indexing works year after year, and it’s likely to be a part of the tax laws for the foreseeable future irrespective of whether Congress plans to tinker more with the tax rates themselves,” Jones noted. Read the rest of this entry »

California Luxury Home Values Continue to Rise
Values Increase Modestly in Los Angeles, San Diego and San Francisco
 
August 21, 2007
 
SAN FRANCISCO – Modest year-over-year gains in the second quarter of 2007 increased luxury home values to highs in Los Angeles, San Diego and San Francisco, according to the First Republic Prestige Home Index(TM) by First Republic Bank, a leading provider of private banking, private business banking and wealth management services. Read the rest of this entry »

  A listener asked this question regarding WHEN a short sale should close? It’s a guess when a “Short-Sale” will close. With a bank owned property or “REO”  closing can be more definite but getting it presented is another story!!  Read the rest of this entry »

Not much changed as things went pretty much expected…although Healdsburg is saying Thank You to the Football Gods.

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 Depends what you mean by a flat fee brokerage. We have one in our area who, for $500.00, they will put it in MLS. You drive up to show the property and there sits a FSBO sign? Sometimes you’ll get their sign but MOST Realtor/Agents are hip to the “flat-fee” companies and have a tendency to avoid them. Why? The reasons are numerous:

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It’s almost like dollar cost averaging into securities and stocks. If you are a consistent investor then this market is a great opportunity to get more for cheaper dollars today. If you feel the market is still correcting then factor this into your offering price. Read the rest of this entry »

Here’s a survey asking 11 Questions which define, unscienctifcally, which candidate currently runnign for President which you closely align!  Check it out!! SELECT A CANDIDATE survey developed by Minnesota Public Radio and posted at: http://minnesota.publicradio.org/projects/ongoing/select_a_candidate/.

Foreclosure Data Providers–You’ll have t “google” some of these to get their contact information. This is a start. Look for “local” providers and seminars. Some will even take you to the county for a look see at an actual foreclosure. More to follow!
All Foreclosure Information
$50/mo
Notice of Default   Notice of Trustee Sale   Real Estate Owned

Foreclosure.com
$40/mo
Notice of Default   Notice of Trustee Sale   Real Estate Owned

RealtyTrac
$50/mo.
Notice of Default   Notice of Trustee Sale   Real Estate Owned

Dataquick        888-604-3282
$75/mo.
Notice of Default   Notice of Trustee Sale   Real Estate Owned

You can’t say I didn’t warn you last week about the Stanford-USC game. So I warned the Stanford fans…picky picky picky. Read the rest of this entry »

A Trulia Voices.com question from a woman in Miami asked how she could get more showings on her propety!  My Response!!

Move it to Pebble Beach!  No seriously, a property which is priced RIGHT–not a couple grand below the last comp, but a striking price which makes all of your neighbors say, “Is this guy nuts!”, will generate visits but more importantly OFFERS!! Read the rest of this entry »