RECENT BLOG POSTS
I have been wanting to write this for some time, maybe someone else has already written about it but I missed it. I want you to know that this is not political or racial. This is about being an American. In our recent presidential election such an emphasis was made that we could ( and did ) make ...
02/05/2009
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Selling your home is a very emotional experience. If you have lived there for a few years, you probably are going to be emotionally attached to it. What you have to do is un-attach yourself from it and look at it as a business transaction and not a personal transaction. I don't mean to be harsh ...
08/24/2007
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DRAFTING REAL ESTATE SALES AGREEMENTS WHEN THE SELLER HAS A TRUST OR IS A PROBATE ESTATE1. THE PARTIES TO A TRUST: TRUSTORS, TRUSTEES AND BENEFICIARIES.All revocable trusts must name the trust grantor (or trustor), who creates the trust. The trust must also name a trustee who manages the trust (...
07/14/2006
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THE BEST KEPT SECRET IN REAL ESTATEIRC 1031 TAX-DEFERRED EXCHANGESRules for an Exchange with Complete Deferral of Tax THE PLAN: Defer all tax a. Replacement (new) property(ies) must have an acquisition cost equal to or greater than the NET SELLING PRIC...
06/29/2006
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Buying your first home? Just the thought is enough to send shivers up your spine. Where do I start? Lenders? Who do I call? Sales contract? Earnest money? Escrow companies? title insurance? counter offers? addendum's? Inspections?. Just a few of the real estate questions that I will answer.Wher...
06/26/2006