Monthly Archives: January 2011

HOA Finances and Reserves Should Signal Good Property Values

  Homeowners associations should be in the business at least in part to protect property values in their communities. Reserve funding is essential for California common interest developments (homeowner associations) and home loans for buyers in those communities. Bank of America has … Continue reading

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Shady Canyon at Irvine 2010 Home Sales Report

Shady Canyon at Irvine 2010 Home Sales Report Continue reading

Posted in California real estate laws, Irvine real estate values, Live at Irvine, Shady Canyon Irvine, Turtle Rock property values | Tagged , , , , , , , , | Leave a comment

Homeowners Associations Should Cooperate and Negotiate Short Sales

  SHORT SALES are tricky for sellers and buyers, and working to resolve unpaid homeowner association assessments and liens can be challenging. A "SHORT SALE" is when an owner of a property seeks to avoid foreclosure by selling the property for less than … Continue reading

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Strategic Defaults on Home Loans & Mortgages

  Some homeowners are upside down on their homes during these challenging economy times and are "underwater" – where property values are less than the amount owed to lenders and lienholders.  We don't support voluntary "strategic default" on home loans and mortgages.  However, it's … Continue reading

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Turtle Rock at Irvine 2010 Home Sales Report

Turtle Rock at Irvine 2010 Home Sales Report Continue reading

Posted in Irvine real estate values, Orange County property values, Orange County real estate values, Turtle Rock Irvine, Turtle Rock property values | Tagged , , , , , , | Leave a comment

Federal Estate Tax Reinstated – Estates of People Who Die After January 1, 2011

  My article during July last year – If You're Rich, Watch Out for Greedy Heirs and Sharp Objects – pointed out that we had no U.S. Estate Tax for the one year ending December 31, 2010, and that rich people might consider staying away … Continue reading

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New 1099 Tax Filing Requirements for Small Business Owners and Landlords

  New Law [H.R. 5297, Section 2101(h), the U.S. Small Business Jobs and Credit Act of 2010], became effective on January 1, 2011.  Part of this requires small business people (including landlords) to report payments of $600 or more on IRS Form 1099. This expands the 1099 reporting requirement … Continue reading

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3 Irvine Public Elementary Schools Top Ranked at Orange County

3 Irvine Public Elementary Schools Top Ranked at Orange County Continue reading

Posted in Caring About People, Explore Leadership, Irvine CA, Live at Irvine, Orange County real estate values, Reasons to believe, Schools and education | Tagged , , , , , , , , , | Leave a comment

Eastbluff at Newport Beach Real Estate Update for 2010 Year

  Eastbluff at Newport Beach is one of the special residential villages at this ocean oriented city and place in South Orange County. Eastbluff has separate neighborhoods, including the Bluffs originals, Bluffs plaza, Bluffs park homes, Bluffs homes on the bay, Bluffs tennis … Continue reading

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Skylights at Condo Homes in California

What happens with condo homes and skylights where there is a homeowners association in California?    QUESTION:  Is the skylight in a condominium considered part of the roof?  Is it an association repair or a homeowner repair? ANSWER: It depends on … Continue reading

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