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Real Estate Investor, Beware

admin | November 30, 2009

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The IRS made changes to the tax that will affect 2007 tax returns if the investor claims a loss. In addition, just reporting a loss may cause your taxes to be audited.
[...]

$8000 Tax Credit For First Time Home Buyers Expires Soon

admin | October 30, 2009

Image via WikipediaDid you know that the $8000 tax credit expires 11/30/2009?  That means there are only 131 shopping days remaining.  The reason the number of days is significant is that the buyer do not have to pay the $8000 tax credit back to the government as long as the buyer resides in the home for [...]

Indiana Property Tax Appeal

admin | September 21, 2009

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On or before May 10 of the year that you feel that you received an unfair tax assessment, you will need to file a written appeal. 
Once the assessor gets notice that a property owner would like to have their property tax re-assessment, the assessor must forward the [...]

Buying American Will Help Keep Jobs

admin | September 2, 2009

The towns of Schererville, Hammond, Crown Point, Cedar Lake, and St. John have pledged to buy American products when possible.
If you are a resident of any of the towns above pat your town officials on the back in their effort in recognizing the plight of the residents by supporting the jobs that the residents are [...]

Is a Short Sale The Answer?

admin | January 29, 2009

There is a Formula to Whether Your Short Sale will be Approved
I have fifteen short sales that I am working on of those fifteen all of the lenders are stating that they need to net a certain amount.  I was beginning to think this was an isolated case until I came across the article at [...]

Land Trust is a Good Option for Investors in This Market

admin | January 29, 2009

There was a great post at www.whataboutloans.com on the advantages of a land trust.  The post goes on to list advantages to the land trust to include:

ease of control
ease of transfer
privacy of ownership

The article further defines the parties that own and use the trust and their roles in the transaction of a trust in relation [...]

What is a Land Trust?

admin | January 29, 2009

Changes to Fannie Mae’s Financing Criteria Affect Investors
Recent changes to Fannie Mae’s financing criteria have created a need for investors to reconsider how they take ownership of their new investor property.   Those changes are affecting investors who finance the property in their portfolio and have those properties under the entity, limited liability corporation (LLC). 
Freddie [...]

Is Your State Doing Its Share to Help in This Housing Crisis?

admin | January 2, 2009

For the state of Indiana, I would have to say that is a resounding, NO.
 
For the state of Illinois, I found the answer to be YES.
 
I found it interesting that the housing crisis is affecting all fifty states, but until recently only fourteen states have made legislative and program changes to help homeowners in their [...]


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"Welcome to Taylor-Brown Real Estate Talks"

Taylor-Brown Real Estate Talks' goal is to empower the consumer with education about real estate, insurance, and mortgage trends, news, terms, etc., so that the consumer can achieve financial wealth through listing and selling real estate.


About the author

admin

Serena Brown is broker and owner of Taylor-Brown Real Estate. She is the author of this blog. She has also co-authored a book entitled Should I Short Sale My Home. She has authored a e-book How to Sell My Home. She will be authoring a book on real estate investing by April of 2010 and several reports. She has dual degrees in Business Administration and Electronic Engineering Technology. She prides herself on being up to date on all trends, news, and education related to real estate to include short sale, loan modification, etc. She also makes sure her clients are abreast of how these changes will affect them financial. Therefore, stay tuned for great information in 2010.

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