This article discusses the current residential vacancy rates in California and the pressure vacant properties place upon this decade’s real estate recovery.
This article clarifies California anti-deficiency protections available to homeowners, including applicability to second trust deeds, refinancing and shortsales.
This article analyzes the current rate of personal savings against the backdrop of the increase in mortgage downpayment requirements, and its affect on the California real estate market.
A memo from mortgage lenders to real estate professionals.
Income property brokers, heads up: a 100% first-year depreciation deduction is available on qualified TIs. If you made improvements, or negotiated a nonresidential lease in 2011, forward this one on as a tax reminder! Internal Revenue Code §168(k)(2) Amended by Rev. Proc. 2011-26 Effective Date: March 29, 2011 Tenant improvements (TIs) constructed on nonresidential property [...]
A memo from mortgage lenders to real estate professionals.
This article reviews the 2005 bankruptcy reform, examines statistical evidence of the effects the reform had on mortgage default rates, and discusses the need for a repeal of bankruptcy reform to build a more stable mortgage and real estate market.
This law clarifies DRE licensee use of nicknames in the practice of real estate. Calif. Code of Regulations §2731 Effective: September 10, 2011 An individual who is a Department of Real Estate (DRE) licensee may use a nickname in place of his legal first name in his real estate practice, provided the nickname is accompanied [...]
This law re-defines “good standing” as used to calculate whether a licensee has met the Department of Real Estate’s (DRE’s) 70/30 continuing education exemption. Calif. Code of Regulations §3012.3; Business and Professions Code §10170.8 Effective: August 31, 2011 An individual who is at least 70 years old and has held a Department of Real Estate [...]
This article examines the financial viability of homeownership in the wake of the housing crash, and how the housing crash impacted ideas about mortgage spending and commuting.
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