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Archive for February, 2009

2009 First-Time Homebuyer Tax Credit Q & A

Posted in Real Estate Explained, tagged , , , , , , , , , , , on February 25, 2009 | 10 Comments »

This comes from Coldwell Banker and is a quick, easy to understand summary of the new first-time homebuyer tax credit:
In 2008, Congress enacted a $7500 tax credit designed to be an incentive for first-time homebuyers to purchase a home.  The credit was designed as a mechanism to decrease the over-supply of homes for sale. 
 
For [...]

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Great House of the Week

Posted in Pasadena, community, housing deals, tagged , , , , , , , , , , on February 19, 2009 | Leave a Comment »

Carol Thomson’s new listing  at 1444 Hillcrest is a fantastic mid-century modern in one of the best locations in Pasadena.  It needs updating, but has great bones.  It is listed at $3,200,000.
                       
From Pasadena Now!:
“You couldn’t pick a better weekend to stay in town. Whether you’re a sports fan, lover of [...]

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Headed for foreclosure?

Posted in foreclosures, tagged , , , , , , , , , , on February 17, 2009 | Leave a Comment »

In case you missed this article from the Los Angeles Times on Sunday, here is the link to a really helpful and user-friendly guide to the foreclosure process and what to do if you are headed for foreclosure.
“Headed for foreclosure? Here’s what to expect” by David Colker, Los Angeles Times.

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Deal of the Week!

Posted in Pasadena, community, housing deals, tagged , , , , , , , , , , , , , , , , , , , on February 12, 2009 | Leave a Comment »

This week’s housing deal is a beautiful mid-century home in the San Rafael Hills.  Located at 1418 Brixton Road, this home has cork flooring, hardwood floors, and classic linoleum, with fresh paint in and out.  This property includes a new roof, new chimney and walls of glass with views of the canyon and tree tops.  [...]

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Property Tax Reduction Scam Alert!

Posted in Uncategorized, tagged , , , , , , , , , , , , , , on February 5, 2009 | 2 Comments »

Here is a head’s up on a scam regarding reduction of property taxes.  It is possible to apply to the Los Angeles County Tax Assessor to have your property taxes reduced if the market value of your home has declined by a certain percentage.  You do not need to hire anyone or pay a fee [...]

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Deal of the Week

Posted in housing deals, tagged , , , , , , , , , , , on February 3, 2009 | 1 Comment »

Okay, some readers are going to dismiss this post as self-serving, but I truly think the best new deal going this week is my listing at 402 El Centro Street, Unit 11, in South Pasadena.
A two bedroom, two bathroom end-unit townhouse, it has a large living room, formal dining room, family room (could be used as [...]

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