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How to avoid taxes on your Short Sale?
Are you considering a short sale? Are you wondering if you could owe taxes on the forgiven debt that the lender could report to IRS and your State as income? We strongly recommend our clients to meet their CPA or Tax Planner to discuss the tax consequences of their...
Why BofA wants a HAFA Addifavit for your San Jose Short Sale?
If your home loan is stil under water despite the massive price appreciation, then it might be wise to consider a Short Sale. As part of a Bank of America (BofA) Short Sale on your San Jose Home, the bank will insist on a HAFA Affidavit which is signed by both buyers...
Will Internet of Things create or solve more problem at home?
By now everyone has the own opinion on why Google acquired the thermostat maker Nest, but like most people our first reaction was fear. After all, Google already knows too much about our digital life, and now they will even know about our movement inside our physical...
How to challenge your home’s value in a Short Sale
Are you frustrated with your Short Sale negotiations? Are you surprised at the value assigned by the bank to your home? Well, you are not alone since banks use a cheap appraisal called Broker Price Opinion (BPO). A BPO is NOT a typical appraisal since it is...
Why you should disconnet Cable TV in Silicon Valley renatls
Are you paying for Cable TV in you Silicon Valley rentals? Do you even know if your tenants use the Cable signal? Well, we recently revised some of our rental agreements where our clients were paying for Cable TV subscription every month. The catalyst for this...
Mixed tenant buildings will help affordable housing in Silicon Valley
My husband has bee volunteering with the Santa Clara County's Affordable Housing committee for the past 8 years and he acutely aware of the shortage of housing in the region. As part of our weekly research we found this creative solution in NYC where housing...