Some more Federal Tax Credit info. from the big boss…

To:                  All Coldwell Banker® Brokers and Sales Associates
From:             Jim Gillespie    
Date:              August 19, 2008
Re:                 First-Time Homebuyer Federal Tax Credit
As part of the “Housing and Economic Recovery Act of 2008” that was recently signed into law, Congress has created a new, temporary federal income tax credit to provide an incentive for first-time homebuyers. This is […]

Someone mention taxes? Here are some links to get your Nevada property tax lowered…

You will have to follow a trail of breadcrumbs of sorts to find the appeal form on the Washoe County Assessors site.  I finally had them fax one as the Washoe County tax appeal page was down. 
I am going to add a few links and attachments for you to play around with to lower your […]

What’s the deal with this new tax credit if you buy a Reno Nv Home now?

It’s official.  If you are a first-time Reno Nv. home buyer and you buy a Reno home, or bought a Reno home, between April 9, 2008 and July 1, 2009, you will get a refundable $7,500 tax credit. 
However, there are a few things you need to keep in mind about this credit. 

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Nevada Supreme Court rules in favor of Incline Village Homeowners to lower their Washoe County property taxes…

There has been a landmark Nevada Supreme Ct. (Court) decision in favor of the Incline Village group who sued to lower their Incline Village Washoe County Nevada property taxes. 

Words of wisdom regarding this market and economy….

This was sent to me by a Tiffini Anderson, a friend and mortgage broker with CTX mortgage in Reno Nevada.  I thought it was interesting and I have spoken to many folks more experienced than I about this market as well so I can relate to this converstation:

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Single Women Will Save the Reno Housing Market by Stephanie Hanna

OK, so that may be a bit of an exaggeration, but there is some truth there. The realty of it is, I’ve got three female, single first time Reno home buyers that I’m currently working with getting a first time buyer loan on.

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Nevada Homestead Act; Reno Nevada Homes qualify

There is a misconception about Homesteading, in the old days, you used to be able to homestead a property and it was yours. These days, it is used as more or less for protecting your property to an amount set by Nevada Revised Statutes. This may help answer a few questions people have […]

Reno, Tahoe and Carson City Real Estate strategies; taking advantage of this market:

Besides buying up as much Reno Homes and Reno Income Properties as my greedy self in this once in a lifetime Nevada real estate opportunity, may I suggest the following:

Transfer real estate to heirs while the cost basis is low. You will need an appraisal, make sure they use actives, pendings and solds. You are […]