by countyproperties | Aug 19, 2011 | Finance, Real Estate news
Here are the IRS’s top 10 tax tips for home sellers: 1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of the five years prior to the date of its sale.”¨ 2. If you...
by countyproperties | Aug 14, 2011 | Finance, San Diego Real Estate
Wells Fargo has announced a new program available for helping all buyers (no first time homebuyer requirement) with their down payment. Unlike most down payment assistance programs that charge interest or have a recapture tax associated with it, Wells Fargo’s...
by countyproperties | Aug 6, 2011 | Finance, Latest News
THE BUDGET CONTROL ACT IS NOW LAW, putting in place new caps on federal spending while providing an increase in the debt ceiling. The legislation marks the first time in history that spending cuts, totaling $900 billion in the first tranche alone, have been attached...
by countyproperties | Aug 6, 2011 | Finance, Latest News, Real Estate news
While it’s important to move the mortgage finance space away from Fannie Mae and Freddie Mac’s current dominance in the segment, mortgage finance professionals warned Senate Banking Committee members that a robust re-haul or elimination of the...
by countyproperties | Aug 6, 2011 | Finance, Latest News
Mortgage rates fell sharply this past week, hitting record lows, as bond yields declined and signs of a weakening economy dampened consumer sentiment further, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year, fixed-rate mortgage hit...
by countyproperties | Jul 29, 2011 | Current Affairs, Finance, Latest News
The Conference Board Consumer Confidence Index®, which had declined in June, improved slightly in July. The Index now stands at 59.5 (1985=100), up from 57.6 in June. The Present Situation Index decreased to 35.7 from 36.6. The Expectations Index rose to...
