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Archive for July, 2009

I know that some of these scams are going on in our area and across the country.  One of my investor clients was approached with one of the ‘cash back’ scenarios below when he was given a years rent up front in the form of a cashiers check.  Fortunately, he suspected something was up and [...]

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Sold! Your House in Williamsburg

Some things are hard to measure, and others are easy. Success in a real estate sale is easy. It occurs when the “SOLD” sign is in your front yard. And having that occur as quickly as possible is the goal of every real estate agent and every home seller.
You have undoubtedly [...]

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I recently posted the following on a real estate website in answer to the question: Is buying a home in Williamsburg in the 23185 zipcode a good idea?

Written 6/24/2009:  Williamsburg VA:
I completely agree that lending practices were far to easy before the economic problems. Overcorrection and making it very, very difficult to get a mortgage [...]

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Your Tax-Free Profits
Significant tax reform legislation was signed into law with the Taxpayer Relief Act of 1997. This legislation replaced both the one-time $125,000 tax-free exclusion for homeowners aged 55 and older, and the “rollover” deferment of capital gains tax requiring the purchase of a replacement home of higher or equal cost within two years [...]

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