Real Estate Tips and Information by Karen List

Buying and Selling Homes in Santa Clara and Alameda County

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Entries from December 31st, 2007

Foreclosure Rates Improve

December 31st, 2007 · No Comments · Uncategorized

Foreclosures declined 10 percent in November compared with October, but were up nearly 68 percent compared with November 2006, according to RealtyTrac, a data company. This could indicate that foreclosure activity has topped out for the year, but the true test of whether this ceiling will hold will come at the beginning of next year […]

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A New Tax Break to Some Homeowners

December 29th, 2007 · No Comments · Uncategorized

The new measure gives tax breaks to homeowners who have mortgage debt forgiven. Under the previous law, debt forgiven by a lender, such as short sales and refinances, was typically taxable to the borrower as debt discharge income. The Mortgage Forgiveness Debt Relief Act of 2007, states that a taxpayer does not have to pay […]

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Hello world!

December 28th, 2007 · No Comments · Uncategorized

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!

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