The decision to buy first or sell first, has always been a little of the "What came first: the chicken or the egg?" type of question. Is it better to buy another home before you sell your current one or sell the current one before you buy t...
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...
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...
Most Home Sellers will say a successful home sale maximizes their proceeds. On that we can all agree; however, even in a market that favors Home Sellers, that doesn't mean you can shortcut some of the most important steps on the way to maximi...
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 ...
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...