NEW SIP Showing Order & NAR Mandatory Clear Cooperation Rule Effective May 4 – New Showing Order Service providers that enable real estate transactions (including rentals, leases, and home sales), including, but not limited to, real estate agents, escrow agents, notaries, and title companies, provided that appointments and other residential real estate viewings must only…
Category: foreclosure
BEST BIDDER HOME SALE- Saturday and Sunday 6/7-6/8 1-5PM ONLY….693 Ridgecrest Circle in Livermore
Best Bidder Home Sale in Livermore, CA this weekend 6/7-6/8 from 1-5. 693 Ridgecrest Circle. Must come by to view home and place initial bid this weekend during the open house to be part of the round robin bidding that will take place Sunday night. Minimum starting bid is only $375,000 for this fantastic well cares for home worth well over $700,000!
Great News for People Who Did Short Sales in 2012 and 2013 in California!
Great news from a letter I just received…
As we anticipated, C.A.R. today received a letter from the California Franchise Tax Board (FTB), obtained by the State Board of Equalization, clarifying that California families who have lost their home in a short sale are not subject to state income tax liability on debt forgiveness “phantom income” they never received in a short sale.
FREE Loan Modification Help is Coming to the Bay Area in Oakland, CA THURSDAY, OCTOBER 17 – MONDAY, OCTOBER 21
If you only own one property, your primary residence and you are struggling to keep it, you need to make time to attend
NACA’s SAVE THE DREAM EVENT
OAKLAND, CA – Oakland Marriott City Center
1001 Broadway, Oakland, CA 94607
THURSDAY, OCTOBER 17 – MONDAY, OCTOBER 21
Hours are 8:00 a.m. to 6:00 p.m. each day
ALL NACA SERVICES ARE FREE!
Register: http://www.naca.com or call 1-888-499-6222. Walk-ins are Welcome!
Sales Slowing in Livermore, the Tri-Valley and Bay Area & Across the U.S. A GREAT Time for Buyers to Buy a Home!
As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.
How Long Does It Take to Sell A Home in Pleasanton, Livermore, Dublin, San Ramon, Danville, and the Tri-Valley California?
The amount of time on market will vary depending upon where the home is located, the type of property, the price point of the listing, and if there are special terms or circumstances of the sale such as owner occupied only, any age or income restrictions, short sale/foreclosure/probate/regular equity sale etc.. Right now, however, the rates are so low that there are far more people trying to buy homes than there are properties that are listed for sale, so there is a housing inventory shortage that is driving up prices. Homes can literally sell before they hit the open market because the listing agent typically has buyers who would love to purchase a home right now that they, themselves have not been able to get them into.
If you would like to find out what your home may be worth in today’s market for free online right now, visit http://RobinsHomeValues.com for a no obligation home valuation.
If you are facing foreclosure or are simply struggling to keep your home, you can download my free report 9 Alternatives to Foreclosure at http://RobinBirdTeam.com
Should I List My Home With an Agent or Sell it Myself as a For Sale By Owner (FSBO)?
Should I List My Home With an Agent or Sell it Myself as a For Sale By Owner (FSBO)?
Attention: For Sale By Owners! People Are Afraid To Buy From You!
Many homeowners believe that to maximize their profit on a home sale they should sell it themselves. They may even think that they have to sell the home themselves in order to avoid losing their home to foreclosure or short sale (if the latter is you, you may have options you are not aware of–contact me and I would be happy to discuss them with you). At first glance, they feel selling a home is simple and why should they pay a broker fees for something they could do themselves?
Before you decide to sell FSBO, consider these questions and weigh the answers of assuming the responsibility versus employing a professional. A little time spent investigating up front will pay off tenfold in the end. This article discusses some Questions To Consider. By: Robin Watson-Bird, Broker/Owner Realty World-No Pressure Realty, 925-577-8692
Should I Short Sale My Underwater Home in the East Bay Area or Tri-Valley of California Now? Most Likely Yes. Do I have to Pay Taxes if I Short Sale My Home? Maybe.
Should I Short Sale My Underwater Home in the East Bay Area or Tri-Valley of California Now or Wait and Short Sale Later?
Do I have to Pay Taxes if I Short Sale My Home?
What is THE PRINCIPAL RESIDENCE EXCLUSION?
What is THE INSOLVENCY EXCLUSION?
The Principal Residence Cancellation of Debt Exclusion Extended through 2013!!!!
It it important to know how the different federal and state laws may apply to you and how you can use them in your benefit to avoid paying taxes of the cancelled debt of your under water property. This document goes into detail of that by sharing notes on the subject from the 2012/2013 Fall Federal andCaliforniaTax Update Seminar Real Estate Spidell Publishing, Inc.® 7-16-7-19 ©2013
Should I Short Sale My House in Livermore, Danville, Pleasanton or the Tri-Valley Bay Area Now or Wait?
Now is the time to short sale your Livermore, Danville, San Ramon, Pleasanton, Dublin, Tri-Valley or Bay Area California home. Do not wait! The Mortgage Forgiveness Debt Relief Act and Debt Cancellation ends at the end of 2012! “The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence.” This means that if you short sale your primary residence, then you should not have to pay taxes on the forgiven debt! If you wait, you may end up owing taxes on $100,000 or more of forgiven debt if your home forelcoses or closes escrow in 2013 or later! Robin Watson-Bird is a very experienced short sale agent who has closed so many short sale transactions that she has earned the designation of Short Sale Genius Elite Master! Contact Robin today for a free consultation: 925-289-1432.
Experienced Short Sale Agent in Livermore, Dublin, San Ramon, Danville, Alamo, Walnut Creek, Martinez, Antioch, Brentwood, San Jose, Fremont, Tracy, Milpitis and beyond!
Livermore Real Estate Market Update–Probably have not hit bottom yet
Livermore home prices are not increasing. The first half of 2010 had increases in home prices, but there has been a steady decline in home values since the second half of 2010. Home values are now at Sept. 2009 and 2003 values. Struggling upside down homeowners may need to modify their loan or short sale since the option of waiting for home prices to increase so they can do a regular sale is probably not going to be an option anytime soon. Robin Watson-Bird specializes in short sales and is happy to give free consultations to homeowners in Livermore, Alameda County, Contra Costa County, and parts of San Joaquin, Santa Clara, Solano and other counties.