Archives May 2012

May
23
2012

You May Owe Federal Income Taxes in 2013 if You Have a Short Sale, Foreclosure

Now is the time to make the hard decision: Are you going to walk away from your underwater home? Uncle Sam is still giving homeowners until Dec. 31 to go through a short sale or foreclosure without tax consequences — as long as the lender officially releases the debt. But on Jan. 1, 2013, the […]

May
10
2012

Bidding Wars Catch Buyers Off-Guard

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought bidding wars were done with,” Andy Aley, a home shopper in Seattle, told The […]

May
10
2012

3 Housing Trends Emerging This Spring

What can home buyers expect to face this selling season? An improving housing market has made it a different picture in many areas compared to recent years, housing experts say. A recent article at Bankrate.com notes some of the following trends taking shape in the housing market this spring: 1. Fierce competition. Housing affordability is […]

May
3
2012

For Your Customers: 3 Tips for Landing a Mortgage

Many home buyers complain that one of the biggest hurdles they face is qualifying for financing. So what are some ways that home shoppers can ensure they qualify for a better mortgage deal — particularly one that takes advantage of the near record-breaking low mortgage rates? A recent article at Money Magazine highlighted some of […]

May
3
2012

Bidding Wars Catch Buyers Off-Guard

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. “It’s a little surprising because we thought bidding wars were done with,” Andy Aley, a home shopper in Seattle, told The […]

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