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National Real Estate Buzz- Donald Trump Inserts Himself Into Mosque Controversy September 9, 2010Donald Trump, whose name seems to somehow become part of every major Big Apple real-estate story, has offered to make peace in the controversy over the Islamic center planned in downtown Manhattan. […]
- IRS Needs Strategy to Recoup Home-Buyer Tax Credit September 9, 2010The Internal Revenue Service needs a strategy to recoup first-time homebuyer tax credits from at least a million taxpayers. […]
- Ricky Martin, Failed House Flipper? September 9, 2010Pop star Ricky Martin is learning about the weak housing market the hard way. […]
- Real Estate News: Sheikh’s Palace a Sore Point in Seychelles September 9, 2010Here is a look at real-estate news in today's WSJ: […]
- Donald Trump Inserts Himself Into Mosque Controversy September 9, 2010
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Financial, Mortgage, and Tax News & Updates Archive
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This week’s poll: August 31, 2010
Posted on August 31, 2010 | No CommentsHasthe recent news abouttheeconomy changed your plans for buying orselling real estate inthenext 12months?MarketResearch August 27, 2010 It’s Doom and Gloom When it Comes to the Economy Latest government numbers indicate rising unemployment and slowing economy Watchthe latest videoatvideo.foxnews.com August 31, 2010 Obama Expresses Frustration... -
The Sonny Side of Things: Its Just Not Fair
Posted on January 25, 2010 | No CommentsOne of the things not fair and possibly unconstitutional is the Point of Sale (new sales are taxed at the sale price) provision in the 2006 Tax Act 388 . Quite possibly the entire act itself may be deemed unconstitutional in upcoming legal challenges. For the... -
Think about doing this BEFORE you buy a home this year
Posted on January 23, 2010 | No CommentsIf you are considering buying property on Hilton Head this year, and with interest rates and prices low, you’d be nearly crazy not to, I’d like to offer some tips so you will be prepared. Consider talking to your lender before you find that property.... -
The Sonny Side of Things
Posted on January 11, 2010 | No CommentsIf you own a condominium or if you are a real estate broker or agent in residential sales here or anywhere, listen up! Fannie Mae and Freddie Mac, the two largest purchasers of mortgages originated across the United States, have been requiring from originating banks... -
Financing a your real estate purchase
Posted on December 18, 2009 | No CommentsDespite what you might read, the banks are making loans. That is the good news. The bad news is it is taking much longer for the loan approvals meaning your closing will not happen as soon as you might like or need. 30 day financed... -
Lenders May Need to Pay Borrowers at Closing
Posted on December 17, 2009 | 1 CommentOn Sunday, November 15, 2009, while attending the National Association of REALTORS Conference, I attended a seminar conducted by Washington, DC Attorney, Phillip Schulman. His talk was entitled “New GFE/HUD-1 You Really Need to Know This Stuff.” At first I thought I would just stop... -
The Sonny Side of Things
Posted on December 9, 2009 | No CommentsWe don’t have the only “box of candy” on the coast…or anywhere else for that matter ! Yet Beaufort County taxes our vacationers like this is the only state with a beach, golf, tennis, great restaurants or any of the myriad features and amenities that our... -
We Are Thankful For You
Posted on December 4, 2009 | No Comments…and want to add value to our relationships Tax Bills: Many of us have received our property tax bill. If your property is a primary residence you should be at the 4% rate. If you are paying at the 6% rate, and it is a... -
2009 Beaufort County Tax Bills
Posted on December 2, 2009 | No CommentsOne would think something as important as the County Tax bill, which only comes out once a year, would be printed correctly. Well, that is not the case for some of the 2009 Beaufort County tax bills. Due to a printing error, the Homestead Exemption... -
Trying to Right a Wrong – 2009 Beaufort County Tax Reasessment
Posted on November 24, 2009 | No CommentsThere is something wrong when property taxes of equally assessed properties require one owner to pay approximately 300% more than the other. I am referring to the taxes paid by a primary owner versus a second home owner. What seems even more unjust is the...