Price Improvement | San Juan Capistrano Pool Home

Posted Posted in Featured Homes/ Listings, Orange County, San Juan Capistrano

Price Improvement for this San Juan Capistrano pool home! Opportunity knocks at $699,000! Terrific single level pool home in Mission Glen. Seller has completed recent improvements! New exterior paint, New fascia board and wood trim surrounding the entire home, New fencing all around, Brand new gas line installed from gas meter to pool equipment, New concrete and new planter on side of home, New beams in entryway and garage trim. Enter into a large and spacious formal living room with vaulted ceilings and plantation shutters. Also enjoy your separate family room with fireplace. Coffered ceiling and recessed lighting in Kitchen, […]

Short Sale Tax implications update! CAR is sponsoring SB30 to conform CA state law to Federal law.

Posted 2 CommentsPosted in In the News, OC Info, Orange County

Short Sale Tax implications update!   In this update on short sale tax implications we will address taxes on both on the federal and state level. FEDERAL TAXES: On the Federal level, The Mortgage Forgiveness Debt Relief Act was renewed which will, for one more year, exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction). STATE TAXES: C.A.R. is sponsoring SB 30 (Calderon, D-Montebello).  SB 30 will conform state law to the federal law passed last week.  Upon passage of SB 30, the measure will […]