From the category archives:

Real Estate News

(Aug 6th) From the Franchise Tax Board’s Website – California 1st time home buyers are being notified that the hundred million dollars allocated for tax credits is most likely already exhausted. The plan was to accept some 28,000 applications before the cutoff. There been over 31,000 applications submitted and the Franchise Tax Board has determined [...]

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(October 2009 – San Jose, CA)  Last fall is chosen to sit on the main panel with Executive Vice President Joel Singer and talk about how the Internet and technology is impacting the real estate industry.    The discussion covered twitter, Facebook, websites, Internet property searches, online habits of home buyers and importance of the real [...]

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My uncle Larry has been the unofficial Mackel family historian. When my grandfather died in 1992, Larry was very good at bringing out many artifacts from my grandfather’s youth.   One of the more interesting items was his savings account passbook from Security Pacific National Bank and it was fun in looking at the kind of [...]

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Saturday, May 1, 2010 (Los Angeles) -  I was given the privilege of a guest spot on the Cindy Dole Home Wizards Show on KFWB 980 am. The show airs every Saturday morning from 8 AM to 10 AM. Cindy covers a variety of topics on home improvement and gardening. I’ve always been a fan [...]

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Friday, April 30th – The 1st time home buyer tax credit expired at midnight June 30, 2010. Stick a fork in it’s done! Ding dong the witch is dead! Hallelujah! Okay what’s wrong with me? While the first-time home buyer’s tax credit was designed to stimulate the market and I’m sure you could probably find [...]

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So, you’re trying to figure out if you have California Tax Liability With The State of California if you sold your home via Short Sale or are planning to short sell your home. SB 401 is set to work in line with the IRS Mortgage Debt Relief Act of 2007 forgiving tax liabilities that could [...]

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Simi Valley Home Sellers – Gary Keller Author of Shift say this is a “Goodbye Market” ABC’s Good Moring America  produced this piece to help Homes Sellers better understand the challenges selling a home in this market.  The key message coming out of this, is that homes not only need to be priced right, but [...]

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Great Information on Real Estate from Phoenix

by Ted Mackel on February 26, 2010

I wanted to give a nod to Dean Ouellette over at Thompson Realty. Dean has been very good at collecting great articles on Real Estate and created the Top 10 Real Estate Posts of the day on his blog www.deansellsaz.com.  This is a great resource to bookmark or subscribe via RSS feed and of course [...]

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Tuesday – I learned that both Lawyers and Chicago Title Insurance Companies had simplified their rates.  I see this as a great move on the part of these two title companies. What they have done is made their short term rate now the standard rate. Previously, the short-term rate was a discounted rate homeowners would [...]

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RESPA changes enacted January 16, 2010 will benefit  Simi Valley home buyers and help them understand the costs of their financing on the new good faith estimate (GFE) and HUD-1 settlement statements. When shopping for a loan, the mortgage broker must give a good faith estimate to the client that outlines the costs of the [...]

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