So there’s this new law affecting the real estate and mortgage industry, called the HVCC – short for “Home Valuation Code of Conduct”, which went into effect last month, and is the byproduct of a legal settlement between NY attorney general Andrew Cuomo and Fannie Mae & Freddie Mac. Here’s how it was “supposed” to [...]
Here we are, the first episode in 2009 of the Gory Details Podcast….the longest running real estate podcast here in San Mateo County, With interest rates changing sometimes more often than a baby's diaper, what's a homebuyer or seller to think? Take a listen to this months episode, because joining us today as our special guest [...]
Just got some very educational content from Joe Lederman, from the Mesothelioma Cancer Center. What does that have to do with real estate, you ask? Can you say, asbestos? If, like many residents of the Bay Area, your house was built before the mid-1970's, then the presence of asbestos is something to get yourself educated on. [...]
First off, some major props to John Cannon with Intero Mortgagefor some great insights. So yesterday, the Federal Reserve cut its target for a key interest rate to the lowest level on record and pledged to use “all available tools” to combat a severe financial crisis and prolonged recession. The central bank on Tuesday said it [...]
Income tax, sales tax, estate tax, excise tax, alternative minimum tax…and just when you thought you'd paid them all…along comes your property tax bill as a homeowner. But did you know that the National Taxpayers Union estimates that as many as 60% of homes are assessed for too high of a value, resulting in an [...]
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