by Leila Mortaz | Sep 10, 2013 | Deferred Sales Trust, Home Seller Tips, Real Estate (Residential)
If you have a lot of equity tied up on your property where you gain from a Real Estate sale will exceed $500,000, then you need to investigate a Deferred Sales Trust. Deferred Sales Trusts are used to increase your cost basis for your purchase and defer the lump sum...
by Leila Mortaz | Sep 10, 2013 | Home Buyer Tips, Home Seller Tips, Real Estate (Residential), San Jose Short Sales, Short Sale Expert Advice, Short Sales
Short Sale are not ordinary real estate transaction with too many moving parts that can make any sane person go crazy. It helps to understand the risk associated with a Short Sale purchase since not all Short Sales will get approved by the lenders before the home is...
by SalesDude | Sep 7, 2013 | Home Seller Tips, Real Estate (Residential)
Less Americans signed home purchase contracts in July 2013 compared to the same period in 2012 due to the higher cost of mortgages! Mortgage rates have bit a two-year high and lack of good inventory is pushing some home buyers off the market despite rising home...
by SalesDude | Sep 2, 2013 | Deferred Sales Trust, Home Seller Tips, Real Estate (Residential)
We are meeting more and more Los Gatos homeowners who are living in fear of their Capital Gains tax liability when they considering selling their homes or businesses.The exemptions for Capital Gains tax start with $500,000 for husband and wife in the sale of their...
by Leila Mortaz | Sep 2, 2013 | Home Seller Tips, Short Sale Expert Advice, Short Sales
I recently came across a piece of information that Dodd-Frank legislation offers an opportunity for homeowners to have their Junior (2nd or 3rd) liens fully extinguished under certain circumstances. So, I wanted to investigate it and document it for our readers in...
by Leila Mortaz | Sep 2, 2013 | Deferred Sales Trust, Home Seller Tips
Selling your Los Altos home without considering the Capital Gains implications would be crazy specially given the 20% taxes from IRS and 9.3% his from State of California. And as if that was not painful, enough the high-income earner tax hit will push your tax...