Posted on October 20th, 2008 by admin
As you may know, President Bush passed legislation in 2008 to waive any IRS taxes on the shortfall for those who sell via short Sale or are foreclosure victims. Everyone seems to think that EVERYONE is included and they could not be further from the truth. That law ONLY applies to those who did not pull equity or refinance their home. In other words, if you paid $300,000 for your home in 2003 and in 2005 you pulled $100,000 out to pay off bills, etc. (you owe $410,000) and the home is now worth $290,000 and you sell for that number (Short Sale), you will NOT be exempt from the $110,000 shortage and you WILL receive a 1099 for this amount.
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | 1 Comment »
Posted on October 14th, 2008 by admin
It reminds me of 2005 real estate market. Little inventory, many buyers. Just like real estate, if the toy maker started pumping out toys (like the builders did houses and condos), I’ll bet speculators will rush to the store and buy every toy they can get their greedy hands on! The thought: They will double their money with the “Elmo Bubble”.
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 10th, 2008 by admin
Don’t panic! Real Estate will be the answer. Real Estate was the REASON our global economy was booming and real estate will bring us back!
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 9th, 2008 by admin
Jump on the bandwagon now before it gets filled up again. For more information, go to http://www.headofrealestate.com
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 8th, 2008 by admin
He faster real estate can recover, that is when the economy will turn. The faster the next President realizes this the quicker we are out of the hole and the better HE will look!
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | 1 Comment »
Posted on October 7th, 2008 by admin
Think about that before you vote for our next commander in chief and if you don’t know the facts, please DO NOT VOTE!
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 6th, 2008 by admin
“If you have the cash, look at it this way. If your $100 a share stock crashes, you end up with a worthless piece of paper. If the real estate market keeps going down, you can live in your house forever”
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 3rd, 2008 by admin
Shame on Donald Trump! For a guy who wants his name associated with QUALITY, he certainly left buyers of Trump Towers Tampa holding the bag. Although he only sold his name to the project, BUYERS who purchased those units felt safe because the Trump name was affiliated with it.
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
Posted on October 2nd, 2008 by admin
Why can’t everybody get along? If my kids (WHEN MY KIDS) act like Obama and McCain, they get spanked. Who is spanking them? They are being encouraged to attack and those fences will be very, very hard to mend after this election.
Filed under: Florida Real Estate, Political, Property Tax, Sports, Uncategorized, florida, real estate, tampa real estate, tampa realtor | No Comments »
