RECENT BLOG POSTS
We've probably all said or at least thought "if I knew then, what I know now, I would have done things differently." We should have stayed in school longer. We should have listened to our parents. We should have bought Apple stock in 2002 for $8.50 or gold in 2000 for $300. Years from now, if we ...
06/23/2012
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Transferring the title of a home from one person to another may seem simple but it could have a significant tax implication. When a person inherits property, the basis is "stepped-up" to fair market value at the time of the decedent's death. On the other hand, a gift has a carry-over basis which ...
06/11/2012
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It's Summertime in Lake Havasu City! Our Real Estate market remains strong and steady, and very busy with Home Sales. Over the last month, the amount of Homes Sold has significantly reduced our inventory. As of today, there are 458 Single Family Homes for Sale, with 9 listed in the $100,000 r...
06/05/2012
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The low interest rates secured by borrowers recently on FHA mortgages may become valuable in a different way in the future. FHA and VA mortgage are assumable at the existing interest rates subject to buyer qualification. Buyers wanting to assume an existing FHA mortgage must be owner-occupants an...
06/05/2012
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Automatic thermostats can lower your monthly utility costs while conveniently regulating your comfort by adjusting temperatures on your heating and cooling systems. These can be particularly effective in homes with zoned systems where you live in one area during the day but sleep in a different z...
04/30/2012
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Personal computers have been around long enough that everyone has experienced or knows someone who has lost their data due to a hard drive crash, accident or burglary. If they had a backup, the loss was inconvenient but not critical. Do you have a backup for your personal belongings? Not that you...
04/16/2012
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A recent U.S. Tax Court ruling clarified the IRS position that the $1.1 million limit for mortgage interest deduction applies per residence and not per taxpayer as some high-priced homeowners were hoping. A married homeowner filing jointly can have fullly deductible interest on a mortgage of up t...
04/11/2012
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Have you ever had a service company to your home to repair something and find out that it really wasn't "broken"? I hate when that happens! Before you call the repairman next time, keep these things in mind to see if it is something simple: Disposer not working - check to see if the reset butto...
04/06/2012
It's Another Beautiful Day in Lake Havasu City... ...and our Real Estate market is still going strong, with Home Sales reducing our inventory. There are currently only 480 Single Family Homes for Sale, with only 4 listed less than $100,000. Single Family Homes in Lake Havasu City range in pri...
04/06/2012
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Occasionally, you hear about an important recall on a product you have and you take care of it immediately. However, if you were to miss such a notice, it could put you or your family in jeopardy. You can subscribe to the U.S. government's service to notify the public when recalls are made on veh...
03/26/2012