by David Mortaz | Sep 4, 2013 | Home Buyer Tips, Los Gatos Fixer Upper, Real Estate (Residential)
The data shows the number of Pending Sales declined in August 2013 in the Western States by 4.9%. Economist believe this is the direct results of the interest rate rise that went into affect in July 2013. This slow down might increase our chances of...
by David Mortaz | Sep 3, 2013 | Home Buyer Tips, Real Estate (Residential), Residential Mortgage
With the biggest rise of interest rates in 25 years the refinancing activities has come to a screeching halt with refinancing applications dropping to 2-year low. Applications for purchase loans have also declined by 4%. This has given some economist concern that...
by David Mortaz | 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 David 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 David 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...
