Home Remodel 101 – Do Not Over Customize Unless You Plan to Stay

  • December 17th, 2013
  • devinlucas

Costa Mesa, Newport Beach and Orange County homebuyers love an updated property.  Homeowners are wise to invest in occasional updating and remodeling, which is almost always a great idea, with many projects (such as tasteful kitchens and bathrooms) often instantly raising a home’s resale value.   Be cautious however, as some remodeling projects go too […]

Short Sale Debt Forgiveness In California Is Not Subject to State or Federal Income Tax

  • December 12th, 2013
  • devinlucas

Finally settling a looming issue for many underwater homeowners, according to new clarifications from the IRS and California’s Franchise Tax Board (FTB), short sales in California are generally not subject to state or federal income tax pertaining to the cancellation of debt. (I.e. if you bought your home for $500,000.00 and “short sell” for $400,000.00 […]

Orange County Ranked No. 2 in Nationwide Housing Recovery

  • December 3rd, 2013
  • devinlucas

More great news for Costa Mesa, Newport Beach and Orange County housing as Orange County was ranked No. 2 in housing recovery, nationwide, in a recent analysis by realtor.com. Six California cities made the Top 10 list, further highlighting the robust desirability of California real estate. -Devin Lucas Author Devin R. Lucas is a Real […]