Category : Economy

Refinance Activity Highest Level Since August 2011

Refinance Activity Highest Level Since August. Read the article ›  

Income Tax after A Short Sale in Santa Monica or Brentwood
4:11 am , December 16, 2011 0

After a short sale, there is still one more type of paperwork that the seller has to accomplish and it pertains to income tax after a short sale. Ordinarily, a debt that has been forgiven is still treated as taxable income. However, because of the Mortgage Forgiveness Debt Relief Act of 2007, homeowners may qualify [...]

Bill Encourages Foreigners To Buy West LA Homes

A new bipartisan bill has been proposed that would allow foreigners who spend $500,000 on a residential property to obtain visas allowing them to live in the United States. What do you think of this new proposed bill? “Bill Would Encourage Foreigners To Buy U.S. Homes.”

Brentwood, CA Condominium Sales Are Active In 2011

Despite the economic rollercoaster ride everyone seems to be on these days, the Brentwood, California real estate market has been very active this year having seen 109 condominiums sold to date. There are currently about 72 Brentwood condominiums available with a median price of $595,000. In addition, there are also 34 condominiums currently in Escrow [...]