A recently released national study from the Urban Institute indicates that homeowners who receive foreclosure counseling are 60% more likely to avoid foreclosure, and to receive some form of loan modification, than those who do...
Read MoreWith Congress’ recent extension of the $8,000 homebuyer tax credit, intended to boost home purchases from new and existing homeowners, Congress has surely boosted, if not encouraged, another less desirable behavior: tax fraud....
Read MoreFor most of the past two years, Fannie Mae and Freddie Mac have offered loans on properties valued as high as $729,500 in high-priced areas. That amount was scheduled to be reduced by approximately $100,000 at the end of this...
Read MoreThe California Franchise Tax Board (FTB) has released the 2009 Tax Rates. The new tax rates are listed below. More information about the California state taxes can be found at the FTB website. Schedule X — Single, married/RDP...
Read MoreThanks to the combined influence of the depressed housing market and the government’s recently extended $8,000 tax credit for first-time homebuyers, the percentage of buyers purchasing their first home has risen dramatically...
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