Satisfied Clients!
January 9, 2010
“When Diane Taylor came to our door, we had basically given up hope of working with our bank to get anything done with our house. She encouraged us to try a short sale. Diane sat down with us and explained the entire short sale process. She answered all of our questions, and when she didn’t know an answer, she looked until she found one. Diane did all of the leg work, being in contact with the bank and the buyer’s Realtor. She made sure that we had all of the proper documentation, and went as far as dropping documents by our home when we had difficulty coming in to sign. Diane’s resolve and determination helped the process of doing a short sale on our house be quick and efficient. Our house sold in record time. We were surprised and pleased a how painless the process ended up being. We would highly recommend Diane Taylor as a Realtor to anyone looking to sell a home.”
Kimberly A
As an asset manager from _Region’s Bank__, I was very pleased with Diane Taylor services. She was quick in helping us to sell our asset. She rekeyed the home, had the property cleaned out, landscaped, did a BPO and provided all the necessary paperwork in a timely fashion. I was very satisfied with her services and would highly recommend her.
Mike S
As a negotiator from Wingspan Portfolio Advisors, I found Diane Taylor’s service to be exemplary. She supplied all the required paperwork and communicated with me on a regularly until the transaction was complete. I was satisfied with her services and would highly recommend her.
Rick P
Tax Benefits of Homeownership!
July 27, 2009
“Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.”
The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works.
Assume:
$9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest)
$2,700 = Property taxes (at 1.5 percent on $180,000 assessed value)
______ Total deduction
$12,577 =
Then, multiply your total deduction by your tax rate.
For example, at a 28 percent tax rate: 12,577 x 0.28 = $3,521.56
$3,521.56 = Amount you have lowered your federal income tax (at 28 percent tax rate) Note: Mortgage interest may not be deductible on loans over $1.1 million. In addition, deductions are decreased when total income reaches a certain level.
Why is the number of Short Sales rising?
July 23, 2009
“Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.”
What is a short sale?
A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.
Why is the number of short sales rising?
Due to the recent economic crisis, including rising unemployment, and drops in home prices in communities across the nation, the number of short sales is increasing. Since a short sale generally costs the lender less than a foreclosure, it can be a viable way for a lender to minimize its losses.
A short sale can also be the best option for a homeowners who are “upside down” on mortgages because a short sale may not hurt their credit history as much as a foreclosure. As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially
The loan modification and HUD!
July 22, 2009
Should I pay for a loan modification? Who can help me? Is a loan modification best for me? Click on the highlighed link and get answers to some of the most Frequently Asked Questions regarding loan modifications.
What if you tried a Loan Modification, but it was denied or rejected. Are you currently facing foreclosure? Are you behind on your payments? Thinking about walking away? Let us help! Lets discuss how a Short Sale might work for you. (916)224-0482.
“Short Sale Example”
May 17, 2009
Short Sale means the sellers loan balance is higher than today’s market value of the property. Example, Sellers loan balance $200,000 (amount owed to lender). Today’s market value $100,000. The seller is short $100,000. The sellers lender will decide if they willing to accept the sellers shortage. The lender has a specific set of guidelines for approving a Short Sale. The seller will have to meet those guidelines. In addition, any decisions made will have to be approve by the sellers lender. The key to purchasing a successful short sale is patience, persistence and a experienced agent.
