http://mvreco.com Wed, 18 Aug 2010 04:23:54 +0000 http://backend.userland.com/rss092 en Closing costs, the costs associated with buying or selling a home, can add up. It's wise to get an estimate of how much you're likely to pay in closing costs before you make an offer to buy a home or accept an offer to sell.  Closing costs reduce the amount ... http://mvreco.com/closing-costs On Tuesday, July 27, 2010, the Fremont City Council approved new rules for second-story additions. The rules ban these additions in the Glenmoor neighborhood but allow additions up to 27 feet in Mission Ranch. These are the only neighborhoods subject to the standards. Additions are still allowed in all other ... http://mvreco.com/fremont-approves-second-story-addition-standards If you’re a homeowner, it’s a given that you claim the mortgage interest deduction on your tax returns. If you are a green-minded homeowner, you may be eligible for a federal tax credit if you purchase or have purchased (keep those receipts) an energy-efficient product or a renewable energy system ... http://mvreco.com/living-green-pays-off Great news for buyers with transactions that did not close before the June 30, 2010 deadline for the homebuyer tax credit -- the House and Senate have passed legislation extending the deadline for transactions to close and still qualify for the credit to September 30, 2010. To read more...click ... http://mvreco.com/tax-credit-deadline-extended Check out this great chart to better understand the short sale process. Have questions about how it works, and how it will differ from a traditional sale? Read on! When you're done, call or email us with your additional questions. http://mvreco.com/short-sales-explained Every year at about this time, we see the "Spring Buying Season" open for business. We typically mean that sellers busily get their homes ready to be sold, buyers clean up their financials and contact their loan brokers, and everyone begins scurrying around town checking out homes and schools ... http://mvreco.com/this-spring-is-like-no-other Today, Gov. Schwarzenegger signed Assembly Bill 183, the Homebuyer Tax Credit legislation, into law. AB 183 will provide $200 million for home buyer tax credits, allocating $100 million for qualified first-time home buyers of existing homes and $100 million for purchasers of new, or previously unoccupied, homes. The eligible ... http://mvreco.com/another-tax-credit-for-californians-who-buy-a-home-in-2010 If you are thinking of buying this spring, you may be looking around and wondering....what exactly are you going to buy? There are very few homes for sale right now. Sellers who have been holding off should reconsider -- this is a great time to sell. With ... http://mvreco.com/home-sellers-needed We have seen this in our practice, and it's being noticed on a large scale -- homeowners all around the country, and largely in the Bay Area, are walking away from mortgages that far exceed the value of their homes. Read more here in the Chronicle. http://mvreco.com/bay-area-homeowners-walking-away-from-excessive-mortgages In another effort to stem the tide of foreclosures, President Obama is instituting a plan whereby homeowners can actually receive a bit of cash for completing a short sale. Read the details here in the New York Times. http://mvreco.com/homeowners-actually-get-paid-to-sell-short