California won’t tax forgiven mortgage debt SB 401 (Wolk) into law providing distressed homeowners with California tax exemption on debt forgiven in a short sale, foreclosure, or loan modification. Effective immediately, this bill generally aligns California's tax treatment of mortgage debt relief income with federal law. For debt forgiven on a … [Read more...]
Mortgages Fees Are Going Up! Fannie Mae and Freddie Mac are raising what they call “risk fees”* to lenders and borrowers with good credit. It doesn't matter if you have good credit and pay all your bills on time. It doesn't matter if you have a good job. It doesn't matter if you make a fabulous salary. You will pay more money now if you are … [Read more...]
Here's How To Get Out Of Debt - Many people I see out in the market place today treat their personal household budgets like it were the federal budget. This is an easy model to follow because after all doesn't Uncle Sam have your best interests at heart? Well they say they do, however, Uncle Sam can do something that you can’t do. If … [Read more...]
Sequoia Hotel, circa 1912 - Redwood City History On the corner of Main Street and Broadway is where you will find the Sequoia Hotel The Sequoia Hotel opened their doors for business in 1912. The Sequoia Hotel is a three-story brick structure. I like the curved glass windows and the entrance details. The last time I was in the Sequoia … [Read more...]
Redwood City Rental Reports Point to Higher Rents Can't Sell Your Home? What To Do In Redwood City real estate if your home won't sell? Renters may return to the home buying real estate market in Redwood City real estate as indicators point to a continued rise in rental prices. Trulia real estate tracker data, states the choking … [Read more...]
Informative video on how homeowners who are losing their homes due to foreclosure or job loss and new hope and help from their banks. California is offering free money for mortgages while making a push to get homeowners into a 2 billion dollar foreclosure prevention program, and as a result, you could see a principle reduction on your … [Read more...]
California Association of Realtors has come up with a series of video to discuss short sales. This is the first video in four, which will help Realtors. It also gives homeowners a behind the curtain view about the short sale process and how it can benefit everyone in the long run. … [Read more...]
Information provided by my friend Michael Ryan at Michael Ryan Mortgage Broker, Key To Your Perfect Mortgage. Michael's website is found by clicking this link: http://www.michael-ryan.com/. Call Michael Ryan Mortgage for all your HARP 2 questions, 408-986-1798. Home Affordable Program second release. The first HARP program ended … [Read more...]
In Redwood City Do I Really Need Private Mortgage Insurance (PMI)? Not necessarily does every home buyer need to buy PMI. It will depend on whether your own lender requires it or not. Private mortgage insurance is strictly for the benefit of your lender. It protects the lender incase you default on your mortgage. The lender makes … [Read more...]
Redwood City Historical Information - Diller ~ P.P. Chamberland Store circa 1859 is an important asset of Redwood City real estate. Once the heart of the City now the oldest commercial working building in the City. This one story brick structured building commonly known as P.P. Chamberland Store address is 726 Main Street, in Redwood City, … [Read more...]
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Today Sotheby's International Realty
1250 San Carlos Avenue, Suite 101
San Carlos, CA 94070
DRE#: 00605874
Serving Silicon Valley since 1976.
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