Los Angeles Named 10th Highest Performing Major Real Estate Market in most Recent Quarter of 2011

Los Angeles Named 10th Highest Performing Major Real Estate Market in most Recent Quarter of 2011 Of fifteen top performing markets, Los Angeles real estate took the 10th spot. This information is reported by Clear Capital, a data and valuation firm, for the latest quarter of 2011. The data is based on rolling quarters, which compares the information from the last four months to information from... [Read more...]

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Brentwood Real Estate Purchased by Cash Buyers on Rise

Brentwood Real Estate Purchased by Cash Buyers on Rise Brentwood real estate experienced a record in January, as homes in California purchased with cash reached a high of 30.9%. This is the highest in 23 years, according to DataQuick Information Systems. They have been tracking home sales since 1988. The number of new and existing homes sold across the state for cash last month was up from 28.9%... [Read more...]

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Foreclosed on your Brentwood CA Home? Look out for Unwelcome Tax Visitors

Foreclosed on your Brentwood CA Home? Look out for Unwelcome Tax Visitors Are you one of the many people who had a Brentwood CA home foreclosed on last year? If so, pay attention to the IRS rules on foreclosures because you may end up owing money on an amount that was forgiven by your lender. If your home sold in foreclosure for less than what you owed, the difference can be counted as income... [Read more...]

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Who is Buying Brentwood CA Homes? The Rich!

Who is Buying Brentwood CA Homes? The Rich! Who is currently buying Brentwood CA homes? You may be surprised to learn that the sale of million dollar homes increased last year after declining four years in a row. Information provided by DataQuick Information Systems show increases in 20 significant metro areas. The average increase in homes that range in the millions of dollars was 18.6%. What... [Read more...]

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Be Prepared to Wait when Purchasing a Brentwood CA Short Sale Home

Be Prepared to Wait when Purchasing a Brentwood CA Short Sale Home Patience is going to be the best qualification for those who are interested in a Brentwood CA short sale. Today lenders are realizing that a short sale is a way of recouping part of the money they have invested. Therefore, the number of short sales is increasing. If a loan modification is not possible, lenders are beginning to... [Read more...]

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Top 4 Brentwood CA Estate Down Payment Gift Rules you need to Know

Top 4 Brentwood CA Estate Down Payment Gift Rules you need to Know The down payment for your new Brentwood CA estate may be a gift from a relative, but there are certain rules that apply to this money. The requirements for minimum down payments have changed as lenders stiffen the conditions for obtaining home loans. Many who want to buy a Brentwood CA estate may have trouble raising the extra... [Read more...]

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