Monthly Archives: January 2008

Condo Owners Win

By John | Published: January 31, 2008

Condo owners who purchased between 1999-2003 could be one group of big winners with the proposed increase to the conforming loan limit. House prices and interest rates are down Buyer negotiating power is up Higher conforming loan limit First-time buyer programs still exist, but applications are down These factors are creating a window of opportunity [...]

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Fresh Air Buyers

By John | Published: January 30, 2008

I had a great morning at Starbucks today – the one in the MarketPlace Center at the corner of Bollinger Canyon and Alcosta. Why, because I got to talk to Joel. Joel is an ambitious twenty-something year old that is into financial planning and has all of the drive and energy that he and his [...]

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Selling a Home in San Ramon/Danville CA

By John | Published: January 30, 2008

A couple of the team members were going out on a listing presentation. They always ask me (because it evolves) – How is our Internet Marketing different or better than other agents in the area? Well – We’re #1. Well, they said – everyone says that. Well – I mean it! Most agents post listings [...]

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Mortgage Forgiveness Debt Relief Act

By John | Published: January 30, 2008

President Bush signed into law today a new measure giving tax breaks to homeowners who have mortgage debt forgiven. Under preexisting law, the debt forgiven by a lender, such as for short sales and refinances, was generally taxable to the borrower as debt discharge income. With the passage of the Mortgage Forgiveness Debt Relief Act [...]

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Home Buyers/Sellers – Start Your Engines

By John | Published: January 29, 2008

Important Update-  New Conforming Loan Limits Pending – Big Impact on California Housing Expected Part of our commitment to our clients is to keep them informed of changing conditions and information regarding real estate trends and developments. Congress could be passing legislation that will actually help you.  And that legislation could come into effect soon.  An article written a couple [...]

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