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Musings on real estate
5 Aspects to Mortgage Modification
Written on Feb 23, 2010 by Charles Kim
In recent months, I've been exposed to many stories about peoples experiences with trying to accomplish a loan modification with little to no real help in the end. According to David Bartels of US Home Loan Advocates in Westlake Village, Calif., banks utilize five mathematical formulas to determine whether or not they will modify a...
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Tax Credits Extended Through April 30, 2010!
Written on Dec 4, 2009 by Charles Kim
As the First Time Home Buyers tax credit of upto $8,000 came and went on November 30, 2009, the Senate and President Obama extended the FTHB tax credit through April 30, 2010. In addition to first time home buyers, they also included current home owners the opportunity to "move-up" and receive up to $6,500 in tax credit as well. The long awaited...
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Control your remodeling costs!
Written on Dec 4, 2009 by Charles Kim
Recently I ran across a fairly straight forward 'check' off list when considering a home remodeling project. We can all find tools to help control costs in these tighter economic times. The NKBA has provided these simple guidelines to help you through the process to minimize stress, budget overruns and frustrations with missed...
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Clock is ticking...$8,000 in 90 days!
Written on Sep 1, 2009 by Charles Kim
First time home buyers pay attention. President Obama signed the American Recovery and Reinvestment Act of February, it extended the termination date for the first time home buyer tax credit to December 1, 2009. If you are in the market to buy, now is the time. Inventory is traditionally at it's peak to give you the best opportunity to find the...
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30% equity in your current home for rental credit
Written on Aug 21, 2009 by Charles Kim
In todays real estate market, the challenge of current homeowners to upgrade or relocate is being able to sell their current home. With the downward trends over the past few months, these home owners are finding it difficult to sell their homes at a price in their minds is acceptable. Often times they are in a position to still upgrade without...
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