Posted on November 24th, 2009 by Carlo Capomazza
Loan modifications don’t offer principal reductions and short sales mean the home owner has to move out. Where do you turn to get a principal reduction and stay in your home? These questions answered and more…
Filed under: Economy, Mortgage, Real Estate Market, Selling, Short Sale, VRN | No Comments »
Posted on November 24th, 2009 by Carlo Capomazza
A rent to own is just like any other kind of renting. However, if you are considering buying a property to be called your own, this might be a good investment choice for you. The down payment you make will be considered as part of the purchase price, and in a few years, the house you are renting will soon be in your own name.
Filed under: Money-Saving, Real Estate Market, Renting, VRN | No Comments »
Posted on November 24th, 2009 by Carlo Capomazza
Question: why is it that on every issue save one, the Obama administration has had its foot on the gas, pressing ahead with all manner of speed and urgency?
Eight hundred billion worth of tax payer money had to be rammed through Congress to avoid an economic apocalypse, we were told. No delay could be tolerated [...]
Filed under: Commentary, Current Events, Politics, Uncategorized, VRN | No Comments »
Posted on November 15th, 2009 by Carlo Capomazza
If you fit the criteria and are considering buying another house in the coming year, you might want to speed up the process and close by the June 30 expiration date. Take a close, hard look at the new $6,500 federal tax credit for so-called move-up home buyers that passed the Senate and House recently. Though it’s been getting second billing to the original $8,000 credit for first-time purchasers — now extended by Congress through June 30 — the $6,500 credit for current homeowners just might have your name on it.
Filed under: Current Events, L.A. Times, LA Area, Real Estate Market, VRN | No Comments »
Posted on November 12th, 2009 by Carlo Capomazza
Terra firma is a Latin phrase meaning “solid earth” (from terra “earth” and firma “solid”).
Filed under: Commentary, Current Events, VRN | No Comments »
Posted on November 12th, 2009 by Carlo Capomazza
It’s important to keep in mind, however, that the sales price is not the only factor that determines what the monthly payment will be. In fact, the impact of higher interest rates can easily nullify any benefit of waiting for a lower price.
Filed under: Commentary, Economy, Mortgage, Real Estate Market, VRN | No Comments »
Posted on November 7th, 2009 by Carlo Capomazza
It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009.
Filed under: Current Events, Real Estate Market, Tax Issues, VRN | No Comments »
Posted on November 5th, 2009 by Carlo Capomazza
Join us on Saturday, November 21 as we kick off the holiday season as only Beverly Hills can!
Filed under: Current Events, LA Area, VRN, Visiting LA | No Comments »