10 Common Errors Homeowners Make When Filing Their Taxes!

Okay folks, we are approaching tax time again!  Each year many of us dread the very thought of having to go through that process…again!  But this year it’s going to be different.  Your not going to rouse the IRS nor pay more taxes than you actually owe.  Why?  Because its your money and you will be well armed with information that will advise you on the score on each home tax deduction and credit. 

Recently, I can across an article in the National Association of Realtors (NAR) about the 10 most common errors that homeowners will make when filing their taxes.  I hope that you will take a look at this article prior to filing your taxes this year!

“Now is a Great Time to Buy a home?”

Happy New Year everyone!!!  Wow, what a year 2010 turned out to be!  Yeah with a lagging and slow recovering economy the passing of 2010 for some people was a cheerful sight.  But for others, it proved to be a year full of promise and unlimited potential. 

 

How Satisfied are you with your Realtor? A Buyers Testimonial!

Short Sale Act of 2010 Introduced To Expedite Short Sale Requests!

Hey folks….given the state of the economy it’s no surprise that many of us have a home that is underwater and a mortgage that exceeds the value of the home.  An option for many distressed homeowners in that situation has been the utilization of the short sale.  This process requires lender approval but provides an option for homeowners to sell their homes for less that what is owned to the lender. 

Housing Recovery on the Horizon?

Hey folks you know just the other day I was at the office and I could not help but over hear another agent battling with a bank to replace an incompetent…okay inept bank representative assigned to the short sale he was working.  After his called ended we engaged in some interesting dialogue that resulting in him showing me a email reply that he had received from that same bank. 

Without mentioning the bank, the email basically stated that the bank in the determination of the current market value of the property did not consider or utilize any foreclosures.  In fact the bank went on to say that while foreclosures are prevalent in the marketplace they are not significant enough to essentially impact or be the driving force of sales in the marketplace. 

Main Street to get Bailout?

Okay folks by a show of hands, “How many of us believed that the bailout of wall street helped stop another great depression?”  Hmmmm…..That’s what I thought!  Well, regardless of what your or my opinion may be on the bailout or the current administration and its policies….what about the notion of a bailout for main street?  No I’m not kidding!  Really? 

Check out this article from James Pethokoukis with Reuters:

Characteristics of Successful People!

Hey everyone….it seems that lately in the news gloom & doom continue to be the featured items on the menu.  Yeah, its real easy to get caught up in the daily soap opera of event revolving around BP,escalating unemployment, health care, various political escapades, and the economy.  Hmmmmm….Crime seems to be on the decline, well at least lately according to statistics.  Maybe because it’s just been so darn hot everywhere its a health risk now to wear the offical black attire of criminals.  Ask the recently celebrated criminal known as the barefoot bandit!  

Fayette County Deadline for Property Assessment Appeals is June 17th!

Hey Fayette County…a very important deadline is approaching quickly!  Property Assessment notices were sent out on or about May 3rd to all property owners in Fayette county by the Fayette County Board of Assessors.  It is their job to provide the fair and uniform appraisal of your property for the specific purpose of determining your proportionate share of taxes.  

Local Sports Champion Heads to Eugene, Oregon for NCAA Track & Field Nationals!

Hey Peachtree City…..The Memorial Day holiday is the official start of the summer season!  Yes this is the time were food, fun, and frolic are at the fore-front of our itineraries.  For you sports enthusiast there is the NBA playoffs, NASCAR, baseball, and of course……golf! 

So what has all this to do with homes, mortgages, and the economy?  Absolutely nothing!  However, I wanted to take a minute and give some recognition to our son who through hard work, courage, tenacity, and just sheer athletic ability has managed in 4 years to make a huge mark on the track and field community.  

Isakson Praises Unanimous Passage of His Amendment to Strengthen Sound Mortgage Lending!

Hey Peachtree City…..as you know I have been pretty vocal in communicating with our elected officials here in Georgia about issues related to fiscal responsibility, financial reform, and housing recovery.  As a result, I have received personal correspondences from our Senators and well as now receiving emails blasts related to their actions and activities related on these same issues. 

Recently, I received an email that contained the latest press release from Senator Johnny Isackson expounding on the Senate’s passage of his amendment to the financial reform bill which was co-sponsored by Senator Mary Landrieu, a Democrat from Louisiana.  Flashback to April 22, 2009, the Senate passed an amendment by Isakson to the senate version of the financial fraud bill to create the Financial Crisis Inquiry Commission.  President Obama signed the Bill into law shortly after on May 29, 2009.  

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