In 2014 , did you Sell a House? Buy a House? Short Sale? Small business owner ? Realtor? Wondering what you can write off? On This week’s Real Estate Hour, we’ll have the answers to those and many other questions. Call in with your questions 9-10AM Sunday 707-636-1350. and, tune in to 1350AM, 103.5FM or KSRO.com
Madelyne Cromwell, Enrolled Agent has expertise in tax return preparation and tax planning, and is authorized to represent clients before the IRS. Madelyne is a member of the National Association of Enrolled Agents (NAEA), the California Society of Enrolled Agents (CSEA), the Sonoma County Executives Association (SCEA) and the American Institute of Professional Bookkeepers (AIPB).
Prior to joining Cromwell Tax & Bookkeeping, Madelyne spent 15 years in financial services. Most recently, she was a Director at BlackRock, the world’s largest asset manager, where she held senior management positions in finance and technology. Madelyne started her career as a financial analyst at Lehman Brothers in New York City.
Madelyne has a B.S. degree, magna cum laude, in Foreign Service from Georgetown University and an A.S. degree from the Santa Rosa Junior College.
When she is not working, Madelyne enjoys spending time with her partner and two furry (canine) children, playing golf, and watching the Oakland A’s.
The yield on the 10 year treasury is ONE reason. 1.81%! If you think that’s low then understand Germany, stalwart of the Euro-zone economy, yield a paltry 0.32% and Japan? Forgetaboutit! 0.23%!
California lost about 60% of value in the years following our peak, which hit the top 2006/2007, and hit the bottom in 2009. So, a negative 14.5% is not bad.
Every State (every market for that matter)experienced different declines, different peaks, and a different increases in home value. so, here’s a very general look at the country and where each state is compared to where they were.
Realtor Magazine came out with a list of “Top 10 Reasons 2015 will Rock in Real Estate”. On today’s show we’ll bring the items on this list to the LOCAL level, as some make sense, some are “Not Applicable” in our market, and some are just wrong (in our opinion). Remember–all real estate is very local!
Don’t get me wrong. We think 2015 will be a great year in Real Estate. For the best “local” real estate coverage look no further than our weekly talk show on KSRO, 1350AM and 103.5FM, 9 to 10am, EVERY Sunday! And Happy New Years!
Here’s the article if you’d like to follow along…
Here’s an interesting twist on the typical “wedding gift” …how about a home down payment gift registry?
Or, maybe you need funds for home renovation or home improvements…?
There are three new sources that can help you;
We think this is a great idea!! However, it’s very important for you to discuss your down payment source with your lender!
If you’re planning to buy a home in 2015; This week in the Press Democrat Real Estate Section, page R8, Mike Kelly’s bi-monthly column discusses the various ways for “find” your down payment.
Follow this link to find ALL of Mike’s articles including; Where to Find Your Down Payment for a Home
Now that you’ve negotiated a contract, done your inspections and secured your loan, are you wondering what’s next?
Tune in to today’s show 9:00-10:00Am on 1350 AM or 103.5 FM KSRO. Streaming live at www.KSRO.com
Mike and Allison will be discussing the process as you head to the closing table.
Follow along as we dig a little deeper into part one of Mike’s Press Democrat 2 part series “Down the Home Stretch.”
Tune in 9:00-10:00 AM Sunday November 23, 2014. Marilyn Barnes of Senior Helpers will fill us in on this event. Senior Helpers is an invaluable resource to help you or your loved ones age in place.
On today’s show we’ll be talking about the good (Home Equity is up) and the bad (Property Taxes are up) …and discussing the Sonoma County appeals process if you feel your property’s assessed value is off.
Not sure what your assessed value is? http://www.sonoma-county.org/assessor/SearchRoll.htm
Don’t agree with your Assessed Value? http://sonomacounty.ca.gov/Board-of-Supervisors/Services/Assessment-Appeals/
In California, Proposition 13 baseline year is a major factor in DETERMINING your Property Taxes. Had your property re-assessed, and lowered in the down-market (Prop 8)? Remember, it can go UP quicker than if it is Prop 13 only! We have the man who can explain all of this with clarity on the show THIS Sunday, November 16, 2014–Bill Rousseau–County Clear, Recorder and Assessor! The graph below is a “Follow-Along” for all of our listeners!
This week on the show we are delighted to have William (Bill) Rousseau, Clerk Recorder Assessor for Sonoma County on the air with us. We’ll discuss the current state of property tax assessments, Proposition 13 AND Proposition 8 and how both inter-play in property taxes on YOUR home. Also discussed will be the once a “lifetime” proposition which allows you to transfer your old Prop 13 baseline to another property within the county. See you then! 707-565-1888
Here in Sonoma County,Calfornia, “The Wine Country” folks are snapping up “Country” properties. Country could be defined as 2+ acres of land (0.8084 Hectares), using an “on-site” waste disposal system or “Septic Tank” and drawing water from an “on-site” well. Here’s the first part of my 4 part series which appeared in our local newspaper, “The Press Democrat”. I write a column approximately twice a month. Enjoy!
Buying “Country Property” So you want to raise some chickens and things? Pt I
In my last column two columns we have been discussed writing a lean and mean offer that will stand-out from all others in a “Multiple-offer’ situation. I gave techniques on writing offers with a minimum of inspections (all according to the buyer’s level of sophistication and comfort level) in order to make your OFFER “cleaner” and more attractive to a Seller. However, those techniques concerned a “town or city” property on public sewer and water on a subdivision lot (3500 to 6000 sqft). Now I want to explore the complexities of purchasing a “country property” replete with multiple acres of land (an acre is 43560sqft), septic systems, well water, permitting issues for older buildings or additional “units”, property line disputes and possible toxic issues. And you thought buying a “town” property was tough and complex.