STEP UP COST BASIS AND INHERITING REAL ESTATE
The step up cost basis is a way of adjusting capital gains tax. This means that for the purpose of capital gains tax, the IRS re-sets the cost basis of the property to its value when the asset is...
Home Equity
Measuring Home Equity; A Homeowners equity in their home is the difference between what the home is worth and what they owe. At any point in time, it's an estimate because value is subjective until the home actually sells. If...
THE STAGERS HOME
Lessons from a Pro When Selling Your Home - A professional home stager recently decided to sell the 4,000+ square foot home she lived in with her husband. It was well maintained and by most standards, could have gone on the ...
YOUR BEST PERFORMING INVESTMENT
For most of us, our homes are the largest asset we own and the best performing investment.
EQUITY DEFINED
Home Equity is defined as; the difference between what your home is worth and what is owed. There are...
The Chandi
Palm Desert City Council voted Thursday to approve The Chandi, located at the north/west corner of Fred Waring and San Pablo.
The Chandi Group USA will have 8 months to secure full financing and can extend 6 months if needed. T...
The Palm Desert City Council voted Thursday to extend the ban on drive-thru's at fast food restaurants on Highway 111.
This is the third time since February, the Council has considered lifting the ban. But in a 3-2 vote on Thursday, the Coun...
Palm Springs Art in Public Places Forever Marilyn Returns to Palm Springs
She's back in a big way, the 26-ft tall statue of the Hollywood icon in her famous billowing white dress was unveiled in front of the Palm Springs Art Museum, facing Pal...
All About Credit and Getting a Home Mortgage
Two separate buyers with the same income; each are buying the same price home. They both may be approved by the lender, but they might be charged different interest rates based on their credit sco...
Steps to the Home Buying Process.
Here, we have the order of things in the home buying process.
The homebuying process is similar to preparing a great meal. First you take inventory of everything you need before you begin, and so is the c...
WHY DO I NEED A HOME INVENTORY?
As a Home owner, you have Homeowners Insurance to cover damage to your house, that policy likely includes personal property coverage - in case of a burglary, fire, or some other insured circumstance. Do you ha...