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Don’t be embarrassed if you don’t know how real estate commissions work. Many people have misconceptions on how Realtors get paid and how much they actually make. This is also a question that far too many real estate agents think consumers understand. Unfortunately, too often that is not the case.Real estate agents are independent ...
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Public Policy News
Nationally, there is a tremendous amount of
pressure to reduce spending in the tax code in an effort to reduce
the federal deficit. One deduction under attack is the Mortgage Interest
Deduction (MID). As of today, Congressman David Wu (OR-1) and Congressman ...
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Enjoying dinner last night and waking up in the comfort and security of a warm bed I could not help feeling sadness for the hundreds of thousands of people directly affected by the earth quake and tsunami. The grief of losing loved ones; being cold and hungry and now the danger of radiation is beyond my comprehension. While I don’t have a ...
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Billionaire Warren Buffett is like the Orville Redenbacher of investing: a gray-haired old man with a salt-of-the-earth image. But he’s also widely regarded as one of the sharpest business minds in America, with the wealth to prove it (he’s the second-richest man in the country, behind Bill Gates). So, it was good news for real ...
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5 Steps for a Successful Short SaleLenders and the federal government, prompted by the sheer volume of loan modification and short sale requests, have overhauled their systems and programs, making the foreclosure avoidance process much easier than in the past.If you are considering short selling your home to avoid the financial and emotional ...
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IRS Releases New Forms, InstructionsThe IRS has released IR-2010-006 providing a revised Form 5405 to reflect the changes to the tax credit made in the extension and expansion legislation enacted in November 2009. The release reminds taxpayers that all tax returns claiming the tax credit must be filed manually (i.e., they cannot utilize the IRS ...
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Home buyer tax credits: Frequently asked questions
If you're in the market for a home, the world is your oyster. Interest rates are at record lows. Housing prices in many parts of the country are still depressed. And you may be eligible for a generous tax break, even if the home you buy isn't your first.
On Nov. 6, President Obama signed ...
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