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American Taxpayers Relief Act signed into law in the beginning of January 2013

by countyproperties | Jan 13, 2013 | Finance, San Diego Foreclosure news, San Diego Short Sales

In the beginning of January 2013, Congress reached an agreement in the “fiscal cliff” negotiations, and President Obama signed the American Taxpayers Relief Act into law last Wednesday. C.A.R. would like to recognize and thank the tens of thousands of...

10 mortgage servicing companies to provide $3.3 billion in payments, $5.2 billion in mortgage assistance

by countyproperties | Jan 13, 2013 | Finance, San Diego Foreclosure news

Ten mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing have reached an agreement in principle with the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board...

How The 2013 New Higher Tax Rates Will Affect Luxury Housing

by countyproperties | Jan 13, 2013 | Finance, Luxury Homes

Luxury real estate surged in 2012. Nationally, the number of home sales priced at $1 million or more hit a four-year high in the first nine months of 2012, according to DataQuick MDA, and jumbo mortgages are up about 23%, according to the Wall Street Journal....

Housing is adding vibrancy to the economic recovery

by countyproperties | Dec 9, 2012 | Finance

The U.S. housing market is becoming the leading source of strength for the long-sluggish American economic recovery, outpacing both business investment and exports. But even with the return of that crucial linchpin, job growth is expected to remain weak next year, a...

Attorneys general request extension on tax relief for distressed homeowners for 2013

by countyproperties | Nov 22, 2012 | Finance, Latest News, Short Sales

Four attorneys general are leading the fight to extend tax relief to homeowners who faced financial hardship such as a foreclosure and were granted mortgage debt forgiveness. Attorneys General Lisa Madigan of Illinois, Pam Bondi of Florida, George Jepsen of...

6 Home Tax Facts Home Sellers Should Know

by countyproperties | Nov 6, 2012 | Finance, Latest News

Realtors are not tax attorneys or accountants. We do not give legal or tax advice, please, always seek the advice of your tax attorney/accountant.
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